The Chase Sapphire Preferred® is an exceptional starter card that offers transferrable Ultimate Rewards and pairs well with other Chase cards. This article will discuss the benefits of the Chase Sapphire Preferred® and how it can be used in combination with other Chase cards to maximize rewards.
The Chase Sapphire Preferred® is a popular credit card among travel enthusiasts and those looking to earn valuable rewards. One of the key benefits of this card is the ability to transfer Ultimate Rewards points to a variety of hotel and airline partners. This allows cardholders to redeem their points for flights, hotel stays, and more at a potentially higher value than if they were to use the points directly through Chase’s travel portal.
By carrying the Chase Sapphire Preferred® 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®, cardholders can combine their points into their Preferred account. This means that the points earned on the cashback cards can be transferred to the Preferred account and then transferred to hotel and airline partners. This strategy allows cardholders to earn even more points and have more flexibility in how they redeem their rewards.
The annual fee for the Chase Sapphire Preferred® is relatively low at $95 per year. Considering the benefits and rewards that this card offers, the annual fee can easily be offset by utilizing the card’s features. Additionally, cardholders receive a 10% anniversary bonus on points earned throughout the year. This means that each year, cardholders will receive a bonus on the points they have accumulated, further adding value to the card.
Another perk of the Chase Sapphire Preferred® is the $50 hotel credit in Chase travel. This credit can be used to offset the cost of hotel stays booked through Chase’s travel portal. This is a great benefit for those who frequently stay in hotels and can help to offset the cost of the annual fee.
In addition to these benefits, the Chase Sapphire Preferred® offers a range of other features that make it an appealing choice for many. The card has no foreign transaction fees, making it a great option for international travel. It also offers trip cancellation/interruption insurance, auto rental collision damage waiver, and purchase protection, providing peace of mind and added protection when using the card.
When it comes to earning rewards, the Chase Sapphire Preferred® offers 2X points on travel and dining purchases worldwide. This includes a wide range of categories such as airfare, hotels, car rentals, restaurants, and more. Cardholders also earn 1X points on all other purchases. These rewards can quickly add up and be redeemed for valuable travel experiences.
Overall, the Chase Sapphire Preferred® is an excellent credit card option for those looking to earn valuable rewards and have flexibility in their redemption options. By combining this card with other Chase cards, cardholders can maximize their rewards potential and enjoy even more benefits. With its low annual fee, valuable rewards program, and range of additional features, the Chase Sapphire Preferred® is a top choice for many.