The Chase Sapphire Preferred® is an exceptional starter card that offers transferrable Ultimate Rewards and pairs well with other Chase cards. This credit card provides numerous benefits and rewards that make it a popular choice among consumers.
One of the key features of the Chase Sapphire Preferred® is its transferrable Ultimate Rewards program. This program allows cardholders to transfer their points to a variety of hotel and airline partners, including Marriott Bonvoy, United MileagePlus, and Southwest Rapid Rewards. This flexibility gives cardholders the freedom to use their points for travel in a way that best suits their needs.
In addition to the transferrable points, the Chase Sapphire Preferred® also offers a generous sign-up bonus. New cardholders can earn a substantial amount of points after meeting a minimum spending requirement within the first few months of card membership. This sign-up bonus can be a great way to jumpstart your points balance and make your travel dreams a reality.
Another benefit of the Chase Sapphire Preferred® is its ability to pair 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. This consolidation of points allows you to maximize your rewards potential and earn even more valuable redemptions.
The annual fee for the Chase Sapphire Preferred® is quite low at $95 a year. Considering the benefits and rewards that come with this card, the annual fee is easily offset by the value you can get from the points earned and redeemed. Additionally, cardholders receive a 10% anniversary bonus on points earned throughout the year. This bonus adds to the overall value of the card and can help you earn even more rewards over time.
Furthermore, the Chase Sapphire Preferred® provides a $50 hotel credit when booked through the Chase travel portal. This credit can be used to offset the cost of your hotel stay and is a nice perk for cardholders who frequently travel. This additional benefit enhances the overall value of the card and makes it an even more attractive option for those looking to earn and redeem travel rewards.
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 low annual fee, generous sign-up bonus, and valuable benefits, this credit card is a great choice for anyone looking to earn and redeem travel rewards. Whether you’re a frequent traveler or just starting out in the world of credit card rewards, the Chase Sapphire Preferred® is definitely worth considering.