Table Of Content
The Chase Sapphire Preferred Card is a premium rewards credit card that is designed for travelers and foodies who are looking to earn rewards and take advantage of a variety of benefits.
Whether you're looking to earn points on your dining and travel expenses, redeem your points for travel, or take advantage of travel and purchase protections, this card has a lot to offer. With a sign-up bonus, a variety of earning and redeeming options and transfer partners, this card can be a great option for those looking to maximize their rewards.
However, it's important to consider the annual fee, APR, and other terms and conditions before applying for this card to ensure it aligns with your financial goals and spending habits.
Main Benefits Of The Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card offers a wide range of benefits and rewards that can make it a great option for frequent travelers and foodies. Here are some of the main benefits of the card:
Earn Points On Travel And Other Spending
The Chase Sapphire Preferred Card offers 5x total points on travel purchased through Chase Travel, 3x points on dining, online grocery purchases and select streaming services. 2x on other travel purchases. Plus, earn 1 point per dollar spent on all other purchases. .
- Sign-Up Bonus
The card offers a sign-up bonus of 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
This is one of the highest sign-up bonuses currently available for a rewards credit card and can be a great way to get a head start on earning rewards.
- Redeeming Points With Chase Ultimate Rewards Program
The card allows cardholders to redeem points for travel through Chase Ultimate Rewards at a 1:1 ratio, and get 25% more value when redeeming points for travel.
When you redeem your points for travel through Chase Ultimate Rewards, each point is worth 1.25 cents. You can also use your points for cashback, gift cards, and merchandise, but keep in mind that the value is lower for these options.
Plus, cardholders get access to exclusive experiences and events through Chase Experiences.
- Transferring Points
The card allows cardholders to transfer their points to a variety of travel partners, such as airlines and hotels, at a 1:1 ratio. This can be a great way to get even more value out of your points, especially if you have a preferred airline or hotel program.
Some of the travel partners that you can transfer your points to include United Airlines, Southwest Airlines, Marriott, and Hyatt.
- Travel and Purchase Protections
The card comes with a range of travel and purchase protections, including trip cancellation and interruption insurance, as well as extended warranty coverage. These benefits can give you peace of mind while traveling and help safeguard your purchases if they’re lost, stolen, or damaged.
It also includes purchase protection, which covers items that are lost, stolen, or damaged within 120 days of purchase.
- No Foreign Transaction Fees
The card doesn't charge any foreign transaction fees, which can save you money when traveling abroad.
This is a great feature for anyone who frequently travels outside of the United States, as it can help to minimize the additional fees that are often associated with using a credit card abroad.
Sign Up for
Our Newsletter
and special member-only perks.
Sign Up for
Our Newsletter
and special member-only perks.
- Baggage Delay Insurance
In the event that a cardholder's baggage is delayed for more than six hours, the Sapphire Preferred Card offers baggage delay insurance to cover necessary expenses.
- Primary Rental Car Insurance
The Sapphire Preferred Card offers primary rental car insurance, which means cardholders do not have to file a claim with their personal auto insurance first in the event of an accident.
Rewards Plan
Welcome Bonus
Credit Rating
Intro APR
Annual Fee
APR
- Welcome Bonus
- No Blackout Dates
- Annual Fee
- Low Merchandise Rewards
On Chase Secure Website
Rewards Plan
Welcome Bonus
Intro APR
PROS
- Welcome Bonus
- No Blackout Dates
CONS
- Annual Fee
- Low Merchandise Rewards
APR
20.99% - 27.99% variable APR
Annual Fee
$95
Balance Transfer Fee
5% or $5, whichever is greater
Credit Requirements
Good – Excellent
How to Maximize Chase Sapphire Preferred Card Benefits?
cs
How To Get A Chase Sapphire Preferred Card?
To get a Chase Sapphire Preferred Card, you can follow these steps:
- Check your eligibility: Before applying for the card, make sure you meet the credit requirements and don't have any recent bankruptcies or defaults on your credit report. You can check your credit score for free using Chase's Credit Journey tool.
- Gather the required information: To apply for the card, you will need to provide your personal information, such as your name, address, and social security number, as well as your employment and income information.
- Apply online: You can apply for the Chase Sapphire Preferred Card online by visiting the Chase website and filling out the online application form. The application process typically takes around 15-20 minutes to complete.
- Wait for approval: Once you submit your application, Chase will review it and determine if you are approved for the card. This process can take several days, but you will be notified of the decision via email or mail.
- Activate your card: Once you are approved for the card, you will receive it in the mail. You will need to activate the card by calling the number provided or by visiting the website mentioned on the letter.
- Start using your card: Once your card is activated, you can start using it to make purchases and earn rewards. Keep in mind that to qualify for the sign-up bonus, you will need to spend $4,000 on purchases in the first 3 months from account opening.
- Enjoy the benefits: Enjoy the benefits of the card, such as earning rewards, redeeming points, and taking advantage of travel and purchase protections.
It's worth noting that Chase has a policy called “5/24” which means that if you have opened 5 or more credit card accounts in the last 24 months, you will likely be denied the application, this policy is applied to most of their cards not only the Sapphire Preferred.
Top Offers
Top Offers
Top Offers From Our Partners
FAQs
How does the Sapphire Preferred Card compare to other travel rewards credit cards?
The Sapphire Preferred Card is considered to be one of the top travel rewards credit cards on the market. It offers a generous sign-up bonus, solid earning potential, and a wide variety of redemption options. Here are some comparisons you can make:
Is there a limit to the number of points I can earn?
There is no set limit to the number of points you can earn with the Sapphire Preferred Card. However, there may be limits on certain types of purchases or categories, such as the points per dollar earned on travel and dining purchases.
Additionally, there may be caps on how many points you can earn through sign-up bonuses or other promotional offers.
Are there any restrictions on using my Sapphire Preferred Card rewards?
Yes, there are some restrictions on using the rewards earned with the Sapphire Preferred Card:
Rewards must be redeemed through the Chase Ultimate Rewards program, which includes options such as statement credits, travel, and gift cards.
Rewards cannot be transferred to other accounts or used to pay credit card balances.
Some travel rewards may have blackout dates or capacity controls, meaning they may not be available during certain times or for certain flights.
Some rewards may be subject to taxes or fees, depending on the type of redemption.
You can redeem your points for cash back, gift cards, travel and more, but you need to have at least 2,500 points to redeem them.
Are there any special offers or promotions currently available?
As of December 2024, new cardholders can get 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Review Chase Credit Cards
Chase Freedom Flex
Amazon Prime Rewards Visa Signature
IHG Rewards Club Premier
Marriott Bonvoy Boundless
Chase Sapphire Preferred
Southwest Rapid Rewards Plus
United Club Infinite
United Quest
Chase Freedom Unlimited
Chase Slate
World of Hyatt
Chase Sapphire Reserve
United Explorer
