The Chase Sapphire Preferred Card is one of the most popular travel rewards credit cards on the market, offering generous points on travel and dining purchases.
With a competitive sign-up bonus, flexible redeemable points, and extensive travel benefits, this card is a top choice for frequent travelers and food lovers.
Cardholders earn 5X points on travel purchased through Chase Ultimate Rewards, 3X points on dining, select streaming services, and online grocery purchases, and 2X points on all other travel purchases.
Additionally, the card comes with 1X point per dollar on all other purchases.
One of its standout features is the 25% boost in value when redeeming points for travel through Chase Ultimate Rewards, making it an excellent option for maximizing travel redemptions.
About the Financial Institution
The Chase Sapphire Preferred® Card is issued by Chase Bank (JPMorgan Chase & Co.), one of the largest and most reputable financial institutions in the United States.
Chase has a strong presence in the banking, credit card, mortgage, and investment sectors, serving millions of customers worldwide.
Known for its cutting-edge financial products and customer-focused services, Chase offers a variety of credit cards that cater to travelers, cashback seekers, and business owners.
The Chase Ultimate Rewards® program is among the most flexible and valuable reward systems in the industry, allowing users to redeem points for travel, cash back, gift cards, and more.
Who Is This Card For?
The Chase Sapphire Preferred Card is ideal for frequent travelers, dining enthusiasts, and those looking for a flexible rewards program.
This card is perfect for:
- Individuals who spend frequently on travel and dining, as these categories offer higher rewards.
- Those who want a travel rewards credit card with low annual fees and high-value redemptions.
- People looking to maximize Chase Ultimate Rewards® and transfer points to airline and hotel partners.
- Travelers who want strong travel protections and insurance coverage without paying a premium for a luxury travel card.
Advantages of the Chase Sapphire Preferred Card
The Chase Sapphire Preferred® Card offers a range of valuable benefits that make it a top-tier travel credit card:
Generous Welcome Bonus – New cardholders can earn 60,000 bonus points after spending $4,000 in the first 3 months. This bonus is worth $750 in travel when redeemed through Chase Ultimate Rewards®.
Bonus Categories for Maximum Rewards – Earn 5X points on travel booked through Chase Ultimate Rewards®, 3X points on dining, select streaming services, and online grocery purchases, and 2X points on all other travel.
25% More Value on Travel Redemptions – When redeeming points for flights, hotels, and car rentals through Chase Ultimate Rewards®, points are worth 25% more.
Flexible Redemption Options – Points can be redeemed for cash back, gift cards, and transfers to travel partners, including United, Southwest, JetBlue, Marriott, Hyatt, and more.
No Foreign Transaction Fees – Travelers can use this card abroad without incurring additional charges on international purchases.
Low Annual Fee – The card has a $95 annual fee, making it more affordable than premium travel cards while still offering excellent rewards and benefits.
Additional Benefits
In addition to its strong rewards structure, the Chase Sapphire Preferred Card offers excellent travel and purchase protections, ensuring peace of mind for cardholders.
Trip Cancellation/Interruption Insurance – Get reimbursed up to $10,000 per person for prepaid, non-refundable travel expenses if a trip is canceled due to a covered reason.
Primary Rental Car Insurance – Unlike many other credit cards, this card provides primary collision and theft coverage when renting a car.
Baggage Delay Insurance – If your baggage is delayed by more than 6 hours, you can receive up to $100 per day for essentials like clothing and toiletries.
Travel and Emergency Assistance – Get 24/7 assistance in case of emergencies while traveling, including referrals for legal, medical, and transportation services.
Purchase Protection – Purchases made with the card are covered for damage or theft for up to 120 days, with a $500 per claim limit.
Extended Warranty – Eligible purchases receive an extra year of warranty beyond the manufacturer’s coverage.
Fees and charges
Late Payment: Up to $40;
Returned payment: Up to $40;
● APR: 20.49% - 27.49%;
● Balance Transfer Fee: either $5 or 5% of the amount of each transfer;
● Cash Advance: either $10 or 5% of the amount of each transaction.
Expert review
The Chase Sapphire Preferred Card is a great choice for frequent travelers and food enthusiasts, offering generous rewards in key categories like travel and dining.
Its 60,000-point welcome bonus, no foreign transaction fees, and 25% bonus on points redeemed for travel make it a highly attractive option.
Plus, purchase and travel protection and access to redemption partners provide additional value, making it one of the most affordable and rewarding travel credit cards on the market.
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+Positive points
- Attractive Welcome Bonus: Earn 60,000 points after spending $4,000 in the first 3 months, which can translate to $750 in travel.
- Generous Rewards: 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining, and 2X points on other travel purchases.
- 25% More Value on Points: Points are worth 25% more when redeemed for travel through Chase Ultimate Rewards®.
- No Foreign Transaction Fees: Ideal for frequent travelers as there are no extra fees on international purchases.
- Travel and Purchase Protections: Includes rental car insurance, trip cancellation, and purchase protection against damage or theft.
- Negative points
- Annual Fee: While reasonable, the $95 annual fee may not be appealing for those who don’t fully utilize the benefits.
- Spending Requirement for Welcome Bonus: To earn the welcome bonus, you must spend $4,000 in the first 3 months, which could be challenging for some users.
- Limited Rewards in Certain Categories: While offering valuable points on travel and dining, other spending categories only earn 1 point per dollar.
