The Chase Sapphire Preferred® is a popular travel rewards credit card that is often recommended as a great starter card for those looking to earn valuable travel rewards. This card offers a number of benefits, including transferrable Ultimate Rewards points and the ability to pair well with other Chase credit cards.
One of the key features of the Chase Sapphire Preferred® is its ability to earn Ultimate Rewards points, which can be transferred to a number of different airline and hotel partners. This gives cardholders the flexibility to use their points for a variety of different travel options, from flights and hotels to rental cars and experiences.
One of the best ways to maximize the value of your Ultimate Rewards points is to combine them with points earned on other Chase credit cards. For example, if you also have the Chase Freedom Flex℠ or Chase Freedom Unlimited® cards, you can transfer the points earned on those cards to your Chase Sapphire Preferred® account. Similarly, if you have one of the business versions of these cards, such as the Ink Business Cash® or Ink Business Unlimited®, you can also combine those points with your Chase Sapphire Preferred® points.
By combining points from multiple Chase credit cards, you can take advantage of the different bonus categories offered by each card and earn even more points on your everyday spending. This can help you reach your travel goals faster and get more value out of your rewards.
In addition to its ability to earn valuable Ultimate Rewards points, the Chase Sapphire Preferred® also offers a number of other benefits. The card has a relatively low annual fee of $95, which is waived for the first year. Cardholders also receive a 10% anniversary bonus on all points earned throughout the year, as well as a $50 annual credit for hotel stays booked through the Chase travel portal.
Overall, the Chase Sapphire Preferred® is a great choice for those looking to dip their toes into the world of travel rewards credit cards. With its valuable Ultimate Rewards points, the ability to combine points from other Chase cards, and a number of other benefits, this card offers a lot of value for a relatively low annual fee. Whether you’re a frequent traveler looking to earn points for flights and hotels or just starting out on your credit card journey, the Chase Sapphire Preferred® is definitely worth considering.