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® , 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 just $95 a year, you also receive a 10% anniversary bonus on points and a $50 hotel credit in Chase travel.
The Chase Sapphire Preferred® is a popular choice among frequent travelers and those looking to maximize their rewards. With its flexible redemption options and valuable benefits, it is considered one of the best travel credit cards available.
One of the standout features of the Chase Sapphire Preferred® is its transferrable Ultimate Rewards program. This means that you can transfer your points to various hotel and airline partners at a 1:1 ratio. The list of transfer partners includes major airlines like United, Southwest, and British Airways, as well as hotel chains such as Marriott and Hyatt. This allows you to book award flights and hotel stays directly with these partners, maximizing the value of your points.
When it comes to earning points, the Chase Sapphire Preferred® offers bonus categories that can help you accumulate rewards quickly. You earn 2x points per dollar spent on travel and dining purchases, making it a great card for those who frequently dine out or travel. Additionally, all other purchases earn 1x points per dollar spent.
Another perk of the Chase Sapphire Preferred® is the ability to combine your points with other Chase cards. By carrying the Chase Freedom Flex℠or Chase Freedom Unlimited® in addition to the Sapphire Preferred, you can pool your points together and transfer them to your Preferred account. This allows you to take advantage of the Sapphire Preferred’s valuable transfer partners, even if you primarily use the other Chase cards for day-to-day spending.
In terms of benefits, the Chase Sapphire Preferred® offers a 10% anniversary bonus on points earned throughout the year. This means that if you earn 50,000 points in a year, you will receive an additional 5,000 points as a bonus. Additionally, the card provides a $50 hotel credit when you book through the Chase travel portal. This can be used towards hotels, car rentals, or other travel expenses.
One of the biggest advantages of the Chase Sapphire Preferred® is its low annual fee of $95. Compared to other premium travel cards, this fee is relatively affordable, especially considering the valuable benefits and rewards offered. The fee is easily offset by the card’s earning potential and transfer options, making it a worthwhile investment for frequent travelers.
In conclusion, the Chase Sapphire Preferred® is an exceptional starter card that offers transferrable Ultimate Rewards and pairs well with other Chase cards. With its flexible redemption options, valuable benefits, and low annual fee, it is a popular choice among frequent travelers. Whether you’re looking to maximize your rewards or book award flights and hotel stays, the Chase Sapphire Preferred® is a great option to consider.