This card is one of the lighter metal credit cards by a few grams. The competitors would be Amex Plat and C1 VX. 49%. locations and for a statement credit toward. One of the most important factors is your credit score. $95 ( see rates and fees) Welcome bonus offer. Their portal is better than Chase but still annoying to use, decent for a couple domestic flights. 60,000 Ultimate Rewards points after you spend $4,000 within three months. While competitors exist, the Sapphire Preferred is the clear winner by having the best transfer partners, insurance, and eco-system for generating points. Both the Venture and Sapphire Preferred have a $95 annual fee, so this is a clear tie. Both the Sapphire Reserve and Amex Platinum have a high annual fees: $550 and $695 respectively (see rates and fees). Chase briefly offered a sign-up bonus of 100,000 points in June. Updated: November 14, 2023. 3x points on travel booked via Chase Ultimate Rewards portal. For a reasonable annual fee, the Chase Sapphire Preferred® Card earns bonus rewards (up to 5X) on travel, dining, select streaming services, and select online grocery purchases. The Chase Sapphire Preferred® Card is one of the most recommended travel credit cards. The card. It offers bonus rewards for travel and dining, with options for redeeming points at an outsized value. Its closest competition within the Chase credit card lineup is the Chase Sapphire Preferred ® Card. It has an impressive list of benefits, including a $300 travel credit, complimentary lounge access and one of the most. Points are worth 1. 95 per service call, while the Chase Sapphire Reserve card offers 4 free service calls valued up to $50 each per year. But paying an annual fee of $550 upfront isn't for everyone. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card now offer the complimentary DashPass benefit through Dec. Chase Sapphire Preferred. Both cards also offer roadside assistance, but the Chase Sapphire. The competition is stiffer, but the Reserve still edges out the Preferred (as it should). The Chase Sapphire Preferred and the Citi Premier have a lot in common: With sizable welcome bonuses, good returns on spending, transferable points, and manageable annual fees, they’re both excellent. American Express® Business Gold Card: 70,000 Membership Rewards® points after spending $10,000 on eligible purchases within the first 3 months of opening an account. Not only does the card offer 3X points on restaurants. Annual fee: The Chase Sapphire Preferred® Card charges a $95 annual fee. The Chase Sapphire Preferred offers a slightly lower welcome bonus than the Sapphire Reserve, at 60,000 bonus points after spending $4,000 within the first three months of account opening. Unfortunately, the card issuer doesn't offer a promotional APR for purchases or balance. Approval Factors for Chase Sapphire Preferred. Winner: Chase Freedom Flex. The Chase Ink Business Cash credit card includes the ability to: Earn a sign-up bonus after you spend a minimum amount on purchases within the first three months of opening the card. 25 cents per point through the Ultimate Rewards travel portal. See moreThe Best Alternatives to Chase Sapphire Reserve. CHASE. Unlike many other competitors, SoFi offers access to member benefits such as career services and access to credentialed financial advisors -- all for free. The Amex Platinum Card offers a much longer list of benefits and perks than the Chase Sapphire Preferred. The Chase Sapphire Preferred’s current welcome bonus is: 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. When you redeem Chase Ultimate Reward points for travel, they will be worth 25% more than if you. 49%. Each point you redeem for travel booked through Chase Ultimate Rewards is worth $. Chase Sapphire Banking. 49% while the APR on the Venture Rewards is 19. Best Alternatives to the Chase Sapphire Preferred Card: Best for International Travel: Citi Premier® Card Best for Lounge Access: Capital One Venture Rewards Credit Card Best for Everyday Spending: Chase Freedom Unlimited® Best for Renters: Bilt Mastercard® 🎉NEW! Unlimited Cash-Back Match Offer🎉 Chase Freedom Unlimited® Apply Now The Best Alternatives to Chase Sapphire Reserve. Insider's valuations estimate this. Both cards also offer $10 per. 25 cents each for travel booked through Chase or transfer points. The Chase Sapphire Reserve earns 3x points on travel purchases. To file a claim over the phone, start by calling 888-320-9961. The Chase Sapphire Preferred® Card isn’t a credit card for everyone — you’ll need to have good to excellent credit to have a chance at getting approved. Today, the publicly-available offer is: 60,000 bonus points after spending $4,000 on purchases in. Trip cancellation and interruption insurance up to $10,000 per person ($20,000. The Citi Premier® Card is also a midlevel travel card with a $95 annual fee. As a premium (read: annual fee-charging) travel card, Chase Sapphire Preferred has two advantages over the Chase Freedom in this respect: a 25% redemption bonus when you redeem your rewards for. For flights, you have a couple of different options. Maria Adams, Credit Cards Moderator. The Chase Sapphire Reserve comes with a. And t hat's where the Chase Sapphire. The Chase Sapphire Preferred Card is a great choice, especially if you're interested in transferrable travel rewards, with a modest $95 annual fee and the option to redeem points for 25% more. Welcome bonus: 60,000 points after you spend $4,000 on purchases in the first three months from account opening. The Premier slightly outperforms the Preferred on everyday spending categories, with 3x Citi ThankYou Points per dollar at supermarkets, gas stations and restaurants, and hotels. If you can bring in $75,000 in new assets, have a Chase Sapphire Preferred Card or a Chase Sapphire Reserve and have an offer code, you can earn 60,000 points when you sign up for a Chase Sapphire Banking account. Also, the Venture X comes with cell phone insurance. Chase Sapphire Preferred. Earn 5x Ultimate Rewards points on: travel purchased through Chase Ultimate Rewards (except hotels eligible for the $50 hotel credit). 49% to 29. It is located in the West Hall of the International Departures area near Gate 40. 7). * That's $750 toward travel when redeemed through Chase Ultimate Rewards ®. The Chase Sapphire Preferred® Card is a great travel rewards credit card that offers valuable benefits and rewards. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. The Capital One Venture Rewards Credit Card is the winner over the Chase Sapphire Preferred® Card . The Chase Sapphire Preferred® Card and Chase Sapphire Reserve® are two of Chase’s top credit cards. If redeemed. The Chase Sapphire Preferred® Card is a popular travel rewards card – and for good reason. Earn 5% in Disney Rewards Dollars on card purchases made directly at DisneyPlus. Chase Sapphire Preferred® Card review: The best travel rewards card for less than $100?. If Sapphire Reserve is the gold medalist, then the Chase Sapphire Preferred® Card deserves a close silver in the travel rewards card competition. Rewards Rate. 25 cents each if you have a Chase Sapphire Preferred® Card or 1. The. Best at Bank of America: Bank of America Preferred Rewards. Chase Sapphire Preferred comes with a variable annual percentage rate (APR) ranging from 21. 850 Good - Excellent If you like to eat out or order in, Chase Sapphire Preferred® is a great pick with tons of meal-related and travel perks for you to enjoy. Interest. Sapphire Preferred highlights include: The card currently offers a 60,000-point sign-up bonus — worth a minimum of $750 toward paid travel. In contrast, the Chase Sapphire Reserve welcome bonus, 60,000 points earned when you spend $4,000 in purchases in the first three months, is good for $900 in travel booked through the Chase. The Chase Sapphire Preferred ® card is one of the best travel rewards cards on the market. If not, go with the Chase Sapphire Preferred® Card. [ jump to details ] Arguably one of the most valuable travel credit cards thanks to a combination of ancillary benefits, the Chase Sapphire Preferred® Card. Chase offers a 60,000-point bonus – worth up to $750 in travel when redeemed with Chase – if you spend $4,000 in the first three. Cons. With that in mind, let me share the four areas where you can get significantly more value with the Sapphire Reserve than the Sapphire Preferred. Cardholders earn 5 points per $1 on travel purchased through. Points can be redeemed for travel through the Chase Ultimate Rewards® portal for 1. Shop Peloton Bikes, Tread, Guide, or Row. com or ESPNPlus. Its premium sibling, the Chase Sapphire Reserve®, comes with better perks but a $550 annual fee. The Chase Sapphire Preferred Card is a fantastic option for diving deeper into travel rewards. Winner: Blue Cash Preferred® Card from American Express. Rates and Fees. New cardholders signing up for the Chase Sapphire. New Chase Sapphire Preferred® Card cardholders can earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account. It's official: Chase is in the airport lounge business. In addition to lounge access, some of the top benefits for the Sapphire Reserve include: $300 annual travel credit. 2x points on dining and travel purchases. The Chase cards have different annual fees depending on which tier you get: Preferred is $95 a year, while Reserve is $550, of which $300 is automatically applied as statement credits on travel. The benefits come through Visa. Metal Factor: Measuring up to its peers, the Savor. The Chase Sapphire Reserve® has a much higher annual fee — $550, compared with $95 for the Chase Sapphire Preferred® Card — but it offers richer rewards and more perks. The card recently introduced additional category bonuses to sweeten the deal: 5% on travel purchased through Chase. Best at Chase for travelers: Chase Sapphire℠ Banking. Chase Sapphire. At $95 per year, it offers a simple two miles per dollar spent. The Chase Sapphire Preferred also starts you off with 60,000 bonus points worth $750 in travel booked through Chase Ultimate Rewards after spending $4,000 on purchases within three months of. Chase Sapphire Reserve is a better credit card overall because its points are more valuable. The Venture X and Amex Gold cards both carry hefty annual fees that you’ll want to take into account before applying. The Chase Sapphire Preferred earns 2x points on travel purchases. Let’s refer back to our earlier spending scenario. Chase Sapphire Preferred has a bonus offer that provides new cardholders with 60,000 points after $4,000 spent within the first 3 months — a great deal. Those bonus points are worth up to $750 in travel through Chase, which can cover the cost of the card’s membership fees for years. That means if you were to enroll on the very last day of this promotion, you would receive DashPass benefits through the end of 2025. Best for Uber: The Capital One SavorOne Rewards Card. If you’ve applied for 5+ credit cards in the last 24 months, you will not be approved. 10% bonus points of your total purchases made the previous year, every account anniversary. Best for Trip. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card. Blue Cash Preferred® Card from American Express: Best for Entertaining at home. The balance transfer APR is also the same, and there is no introductory APR for either card. There’s more to know about the Chase Sapphire Preferred’s fee structure than just the annual fee. 49%, and the Reserve starts at 22. The Chase Sapphire Preferred offers cardholders up to $50 in annual Ultimate Rewards Hotel Credit and up to $10 in monthly Gopuff credit (through Dec. That's $750 when you redeem. Points are worth. . Once a creative solution during the worst of the pandemic, your points will no longer go as far using Pay Yourself Back. Feature. Both cards also offer $10 per. New. The Priority offers 7,500 bonus points each cardmember anniversary year, a $75 annual Southwest. Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts. Both the Venture and Sapphire Preferred have a $95 annual fee, so this is a clear tie. It’s hard to argue against the Chase Sapphire Preferred® Card as the best travel rewards card for anyone taking their first peek behind the travel rewards. In 2016, Chase cannonballed into the premium credit card market with an offer many found irresistible. Chase Sapphire Preferred® Card. Winner: Chase Sapphire Preferred® Card. Earn 2% on select card purchases and 1% on all other card purchases. Earning the Chase Sapphire Preferred’s welcome bonus was much faster and easier than most other credit cards. P. The Chase Sapphire Reserve®, a premium travel credit card, also comes with airport lounge access, an up to $300 annual travel credit and an up to $100 credit for Global Entry, TSA Precheck or. Chase Sapphire Preferred cardholders can call 1-888-320-9961 while in the U. In late October 2022, the first Chase Sapphire Lounge by the Club opened in Hong Kong airport in the West Hall of Terminal 1 (near gate 40). They did it again in the spring of 2021, bringing back an 80,000-point offer on the Preferred Card. Annual fee. Each account anniversary, cardmembers will receive bonus points equaling 10% of total purchases that year. All three cards require applicants to meet high income and/or spending standards for approval. You must activate your subscription by Dec. Sure, it’s an entire point “per” lower, but it’s a $95 annual fee card versus a $250 annual fee card. 4% or 5. The Venture Card, meanwhile, offers 75,000. Best at Bank of America: Bank of America Preferred Rewards. Credit Cards. The Chase Sapphire Reserve® has a much higher annual fee — $550, compared with $95 for the Chase Sapphire Preferred® Card — but it offers richer rewards and more perks. The card. $550 annual fee †; $75 for each authorized user †. The Sapphire Reserve's most natural competitors are another card. By Claire Tsosie. On the other hand, Chase's credit cardholders are incentivized to use the Ultimate Rewards portal via a higher redemption value. The Chase Sapphire Preferred's 60,000-point bonus can be worth up to. The new version of the lounge has snazzy. † Pricing & Terms. The Chase Sapphire Preferred earns unlimited: 5x points on travel purchased through Chase Ultimate Rewards® (excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit). Using the Chase Sapphire Preferred card’s $50 hotel credit is easy. The Chase Sapphire Preferred is a well-rounded rewards card, primarily designed for the average traveler. Several other cards weigh in at 17g, including The Platinum Card® from American Express and the Capital One Venture X Rewards Credit Card. In turn, its 60,000-point bonus is worth $750 in travel. You won't have Priority Pass lounge access any longer, but you'll still be. Chase Sapphire Preferred - Refer-A-Friend - Chase. If you. Foreign transaction fees: None Points transfer: 1:1 points transfer for Chase's hotel and. The Capital One Venture and the Chase Sapphire Preferred are two popular rewards credit cards that offer a variety of benefits to cardholders. 25 cents per point). 25 cents apiece, which means that these remaining points are worth more than $1,000 toward travel. The Chase Sapphire Preferred® Card comes with a bonus of 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. To compare two very different welcome bonuses, we considered the relative return on investment of each. Both are solid choices, but the Chase Sapphire Preferred boasts higher point values and travel. It has the same 1:1 transfer partners as the Chase Sapphire Reserve® and a similarly robust sign-up bonus: Earn. You can book some of the fanciest Park Hyatt properties in the entire portfolio,. Maintain $1,500 minimum balance. That’s a solid bonus with a reasonable spending requirement. The Chase Sapphire Reserve® has a welcome offer of 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. The competitors would be Amex Plat and C1 VX. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives you the opportunity to earn lots of bonus points on these purchases. Bank Cash+® Visa. We transferred points to my corresponding individual airline and hotel partner accounts and tracked how long it took for them to show up. The Chase Sapphire Preferred® Card’s welcome offer is currently 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. Deciding between two rewards credit cards often is just a matter of comparing the rewards you'll. In late October 2022, the first Chase Sapphire Lounge by the Club opened in Hong Kong airport in the West Hall of Terminal 1 (near gate 40). The card earns 1. Compared to many cards in similar rewards categories, this annual fee can quickly pay itself off if you can make use of the benefits. Winner: Chase Sapphire Reserve. Chase Sapphire Preferred Card. With the Chase Sapphire Reserve, your points are worth 1. First, visit the Ultimate Rewards travel portal and log into your Chase account. With Chase Sapphire Preferred, you receive 60,000 bonus points but must spend a minimum of $4,000 in purchases within your first three months of having the card. Use your $50 annual hotel credit through Chase Ultimate Rewards. 25 cents each when redeemed for travel through the Ultimate Rewards portal, your 60,000-point bonus is worth up to $750. 25 cents when redeemed for travel booked through Chase's online portal, operated by. Best at Citibank: Citigold® by. Then Chase did the unthinkable: They leveled up to a record-setting 100,000-point bonus in June 2021. As noted in our full guide to Bilt Rewards, you also can redeem points for exercise classes, items from the Bilt Collection, discounts on rent and even put them toward a downpayment on a home. Chase Sapphire Preferred Benefits. The Chase Sapphire Preferred® Card comes with a reasonable $95 annual fee, and new cardholders can earn 60,000 points worth $750 in travel redeemed through Chase Ultimate Rewards when they spend. The Chase Sapphire Preferred is best for award travel beginners who want an introduction into the world of points and miles. That. The Chase Sapphire Reserve® has a welcome offer of 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS. 5 cents each if you have a Chase Sapphire. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. The Chase Sapphire Reserve has the broadest Priority Pass membership, allowing you to visit Priority Pass-affiliated restaurants, spas and suites — which most other cards don't permit. Ink Business Preferred Credit Card: Best for small business owners. 5 points per dollar on Peloton equipment and accessory purchases of $250 or more with a maximum earn of 25,000. TPG values Ultimate Rewards points at an even 2 cents each, making this bonus worth $1,200. Without the initial bonus, you’ll need to spend. To waive the monthly service fee at Bank of America, you’ll need at least one direct deposit per month of $250 or more. Yes, big recent news that the bonus is being increased to a potential of 90k. With the Sapphire Preferred, your Chase points are worth 1. The nearly 12,000-square-foot lounge is a redesign and rebrand of the Club Lounge that existed in the space pre-COVID. 1. Lyft rides through March 2025. Balance transfer fee. Rewards Program Agreement. United Club℠ Infinite Card. The Chase Sapphire Preferred has an annual fee of just $95, while the Amex Gold comes with a considerably higher annual fee of $250 (see rates and fees ). Activate by July 31, 2024. Use any of these cards to pay. U. The Chase Sapphire Preferred® Card’s current welcome bonus is 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. Chase Sapphire Preferred® Card. In the fall of 2020, Chase launched an 80,000-point bonus on the card for several months – at the time, its biggest welcome offer ever. The Chase Sapphire Preferred’s current welcome bonus is: 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. You can use your Ultimate Rewards to book flights through the Chase Travel portal. The bottom line. Using it cuts the annual fee down to only $45. If the Ultimate Rewards points were redeemed for travel via the Chase travel portal, the value would be $270 (1. The Chase Sapphire Preferred Card weighs 13 grams and is made out of a proprietary mix of metal. sans “X”, is. The Chase Sapphire Reserve credit card was one of the hottest product launches in 2016, enthusiastically received by millennial consumers, a group that had previously eluded JPMorgan Chase and its competitors. The Ultimate Rewards program is a favorite across the board thanks to just how many ways there are to redeem points, including for travel, statement credits, and by transferring to airline and hotel partners. Chase Sapphire Preferred Travel Benefits. Here’s a list of the rates and fees you should be aware of before applying for the Chase Sapphire Reserve: Annual fee: $550. Unfortunately, many hotels will. With great travel perks like lounge access and big-time travel credits, it’s no wonder the card is so popular. Sign-up bonus: 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening; that's $750 when redeemed for travel through Chase Ultimate Rewards®. New cardholders of the Chase Sapphire Preferred can earn 60,000 points after spending $4,000 on purchases in the first three months of account opening. Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. @m_adams. The Sapphire Preferred® has a annual fee compared to the higher annual fee with the American Express Gold card ( ). The J. 60,000 Ultimate Rewards points will get you a minimum of $750 toward travel, though in reality you can get much more value than that with Chase’s transfer partners. The Sapphire Preferred has a $95 annual fee, while the Sapphire Reserve has a $550 annual fee, but I subtract $300 from that, due to the value of the travel credit. Deciding between two rewards. 31, 2024, or for a minimum of 12 months, depending on your activation date. People with the Chase Sapphire Preferred® Card, the Chase Sapphire Reserve® or the Ink Business Preferred® Credit Card, can transfer points on a 1:1 basis to about a dozen airline and hotel. Best low-fee card for Lyft: Chase Sapphire Preferred® Card. com or ESPNPlus. In general, Bank of America focuses on cash-back rewards, while Chase is focused on those interested in travel rewards. And worst of all, Chase has finally removed Airbnb as an option. There are plenty of quality credit cards competing with the Chase Sapphire Reserve credit card. Earning Rewards With both cards, you. Cons. To get you started, new cardmembers can earn 60,000 bonus points after spending. Maintain $5,000 average daily balance in all Chase accounts and linked investment accounts. One of the biggest differences between the two Sapphire cards off the bat is the annual fee. Chase has plans for a Chase Sapphire Lounge by The Club in nine locations ; facilities in Austin (a 'terrace,' not a lounge), Boston and Hong Kong are now open. Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend. Chase Sapphire Reserve®. com. Pros Valuable food-related bonus categories Welcome offer is worth $750. The Chase Sapphire Preferred® Card has many of the same credit card travel insurance benefits as the Chase Sapphire Reserve®. 25 cents each within the Chase Ultimate Rewards® portal. Remember that Chase Sapphire Preferred cardholders will receive up to a 25% bonus, while Chase Sapphire Reserve cardholders receive up to a 50% bonus. NOT FDIC INSURED. It provides many opportunities to redeem points for valuable rewards that go far beyond those that simpler, fixed-value cards can provide. If you would otherwise put a significant amount in travel purchases on the card, then the. Fees and APR. Best at Citibank: Citigold® by. The insurance benefits with the Venture X are better than those of the CSP. That’s worth up to $1,000 in travel. “I have three cards from Chase: Freedom, Amazon, Southwest, with a total. The Chase Sapphire Preferred also has a 1:1 point transfer rate to Chase’s travel partners. To compare two very different welcome bonuses, we considered the relative return on investment of each. Who shouldn't get the Sapphire Preferred? While many travelers should apply for the Chase Sapphire Preferred Card, certain types of travelers shouldn't go for the card. In this article, we pit the Chase Sapphire Reserve® vs. 01 (one cent), which means that 100 points equals $1 in redemption value. The Chase Sapphire Preferred now earns 3X on dining, which is a formidable opponent of the Amex Gold at 4X on dining. The Chase Sapphire Preferred® Card carries a $95 annual fee, compared to the Capital One Venture X Rewards Credit Card’s $395 annual fee (rates & fees). The Chase Sapphire Preferred's 60,000-point bonus can be worth up to $750 when you redeem for travel through Chase Ultimate Rewards® since point redemptions are worth 25% more this way. At Chase, you’ll need at least $500 in total monthly direct deposits. Annual. Best card for someone who wants a big sign-up bonus: Chase Sapphire Preferred. Dollar Equivalent: $1,380 (60,000 Chase Ultimate Rewards Points * 0. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). These cards offer great benefits for travel, dining and everyday purchases. Best for Trip. But an annual fee should not be the end. However, with the Chase Sapphire Reserve, you’re able to redeem your points at 1. Bottom Line Chase Sapphire Preferred is one of the best credit cards for. Yes, the Chase Sapphire Preferred offers several travel benefits including rental car insurance when you book and pay for the rental with your card and decline the rental company’s coverage at. They did it again in the spring of 2021, bringing back an 80,000-point offer on the Preferred Card. You earn 2x Ultimate Rewards points on travel and dining. Bio; Latest Posts;Sometimes, you’ll find that the standard welcome offer on the Sapphire Preferred is excellent. S. With a $95 annual fee, it's not an expensive card, which makes it an especially good choice for beginners. If you want a mid-tier card with a lower annual fee: The Chase Sapphire Preferred Card is a good choice for earning Chase Ultimate Rewards points but with a lower annual fee of $95. Its collection of travel and purchase protections, statement. The Chase Sapphire Reserve annual fee is $550 per year. 1-2. $50 Annual Ultimate Rewards Hotel Credit:. The Chase Sapphire Preferred Card has a cash advance rate of $10 or 5% of the transaction amount, plus a balance transfer fee of $5 or 5% of the transfer amount, whichever is greater. Annual Fee: $95. Among the top cards in this category are the Chase Sapphire Preferred Card and the Capital One Venture Rewards Credit Card. The Chase Sapphire Preferred also starts you off with 60,000 bonus points worth $750 in travel booked through Chase Ultimate Rewards after spending $4,000 on purchases within three months of. With the Chase Sapphire Reserve, you would earn 131,000 Chase Ultimate Rewards points per year—24,000 points on regular purchases, 60,000 points on airfare, 18,000 points on dining, 9,000 points. The Chase Sapphire Preferred® Card is frequently considered the best first travel credit card, thanks to its generous rewards and reasonable $95 annual fee. First, the Sapphire Preferred is currently offering one of the best sign-up bonuses in the industry, giving new cardholders the opportunity to earn 60,000 bonus Ultimate Rewards points. com. The Platinum Card® from American Express. These bonus points may even be enough to earn a free domestic round-trip flight. Right now, the standard welcome offer on the Chase Sapphire Preferred card is 80,000 Ultimate Rewards® points, earned after spending $4,000 in three months. The Chase Sapphire Preferred is a well-rounded rewards card, primarily designed for the average traveler. Chase Sapphire Preferred Card: Best for beginners. And as further proof of the fact that the Chase Sapphire Preferred® Card isn’t an entry-level model is the fact that a full 10% of users obtained a credit limit over $20,000. Earning Rewards. The Chase Sapphire Preferred Card earns 2x points instead of 3x points on travel when compared to the Chase Sapphire Reserve, doesn't come with a Priority Pass Select membership, offers weaker travel protections and only gets 1. 5 cents each toward travel bookings, while the Chase Sapphire Preferred and Ink Business Preferred Credit Card fetch 1. While that’s less than some premium travel cards charge, including the higher-end Chase Sapphire Reserve®, you. One of the following each month: Receive one direct deposit of $250. Updated Thu, May 25 2023. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). Opt for pick-up. Based on TPG's valuations, this equals a 4% return on spending. When comparing the Chase Freedom Unlimited vs Chase Sapphire Preferred, don’t forget to consider the 0% intro APR. If you’re focused on earning and redeeming rewards for travel, and you’d like to save on the costs of an annual fee, we think the Chase Sapphire Preferred® Card. To join (and avoid the $25 monthly account fee), you will need to maintain a minimum $75,000 account balance. Chase Sapphire Preferred is still a great option. For many, the decision comes down to this simple cost.