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.
One of the key benefits of the Chase Sapphire Preferred® is its flexibility in earning and redeeming points. With this card, you earn 2X points on travel and dining purchases worldwide, making it a great choice for frequent travelers and food enthusiasts. Additionally, you earn 1X point per dollar on all other purchases. These points can then be transferred at a 1:1 ratio to various airline and hotel loyalty programs, including United MileagePlus®, Southwest Rapid Rewards®, Marriott Bonvoy™, and World of Hyatt®, among others.
The ability to transfer points to airline and hotel partners is a major advantage of the Chase Sapphire Preferred®. This allows you to maximize the value of your points by redeeming them for high-value travel experiences, such as free flights or luxury hotel stays. By leveraging the partnerships with these loyalty programs, you can unlock incredible value and enjoy memorable travel experiences.
In addition to the flexibility in redeeming points, the Chase Sapphire Preferred® also offers some valuable perks. The annual fee for the card is quite low at $95, especially considering the benefits it provides. Cardholders also receive a 10% anniversary bonus on points earned throughout the year, which can further boost the value of their rewards. Moreover, the card offers a $50 hotel credit when booked through the Chase travel portal. These perks, along with the ability to earn and transfer valuable points, make the Chase Sapphire Preferred® a compelling choice for savvy travelers.
Furthermore, the Chase Sapphire Preferred® can be an excellent complement to other Chase cards. By combining the points earned on multiple cards, you can consolidate your rewards and achieve even greater redemption opportunities. For example, if you have the Chase Freedom Flex℠ or Chase Freedom Unlimited® card, which earn cash back in the form of Ultimate Rewards points, you can transfer those points to your Chase Sapphire Preferred® account and then transfer them to airline and hotel partners. This strategy allows you to leverage the bonus categories of the cashback cards while taking advantage of the valuable transfer options offered by the Chase Sapphire Preferred®.
Similarly, if you have a small business, the Ink Business Cash® or Ink Business Unlimited® cards can be used in conjunction with the Chase Sapphire Preferred® to maximize your rewards. The points earned on your business cards can be transferred to your Preferred account and then transferred to travel partners. This enables you to earn rewards on both your personal and business expenses, ultimately leading to more opportunities for free or discounted travel.
Overall, the Chase Sapphire Preferred® is an exceptional credit card for those looking to earn and redeem valuable rewards. Its transferrable Ultimate Rewards, paired with the ability to combine points from other Chase cards, make it a versatile option for maximizing your travel experiences. With a low annual fee, anniversary bonus, and hotel credit, this card offers great value for frequent travelers and savvy points enthusiasts. Whether you’re a beginner in the world of travel rewards or a seasoned pro, the Chase Sapphire Preferred® is definitely worth considering.