The Chase Sapphire Preferred® is an exceptional starter card that offers transferrable Ultimate Rewards and pairs well with other Chase cards. If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex℠ and Chase Freedom Unlimited® or the business versions: Ink Business Cash® and Ink Business Unlimited®, you can combine the points into your Preferred account and transfer them into hotel and airline partners. With an annual fee of only $95 a year, you also get a 10% anniversary bonus on points and a $50 hotel credit in Chase travel.
The Chase Sapphire Preferred® is a popular choice among credit card enthusiasts, and for good reason. It offers a range of benefits that make it a valuable addition to anyone’s wallet. One of the standout features of this card is the ability to earn Ultimate Rewards points, which are highly flexible and can be transferred to a variety of hotel and airline partners.
With the Chase Sapphire Preferred®, you earn 2x points on travel and dining purchases, making it a great card for those who frequently eat out or travel. These points can quickly add up, especially when combined with the bonus categories offered by other Chase cards. For example, if you also have the Chase Freedom Flex℠ or Chase Freedom Unlimited®, you can earn additional points on categories like grocery stores, gas stations, and streaming services.
One of the biggest advantages of the Chase Sapphire Preferred® is the ability to transfer your points to hotel and airline partners. This gives you the opportunity to maximize the value of your points by redeeming them for high-value travel experiences. Some of the partner airlines include United Airlines, British Airways, and Singapore Airlines, while partner hotels include Hyatt, Marriott, and IHG. By transferring your points to these partners, you can potentially get more value out of each point compared to simply redeeming them for cash back or statement credits.
In addition to the flexibility of Ultimate Rewards points, the Chase Sapphire Preferred® also offers some valuable perks and benefits. For example, you receive a 10% anniversary bonus on all points earned throughout the year. This means that if you earn 50,000 points in a year, you’ll receive an extra 5,000 points as a bonus. This can add up over time and provide even more value to your card membership.
Another benefit of the Chase Sapphire Preferred® is the $50 hotel credit in Chase travel. This credit can be used towards qualifying hotel bookings made through the Chase Ultimate Rewards portal. It’s a nice perk that can help offset the cost of your travels and make your trips even more enjoyable.
When it comes to fees, the Chase Sapphire Preferred® is quite reasonable. The annual fee is $95, which is relatively low compared to other premium travel cards. If you take advantage of the various benefits and perks offered by the card, the annual fee can easily be justified. Additionally, the card has no foreign transaction fees, making it a great option for international travelers.
In conclusion, the Chase Sapphire Preferred® is an exceptional starter card that offers transferrable Ultimate Rewards and pairs well with other Chase cards. The ability to earn and transfer points to hotel and airline partners provides great flexibility and value. With a low annual fee, anniversary bonus, and hotel credit, this card is a strong contender for anyone looking to maximize their rewards and travel experiences.