Remember that Chase Sapphire Preferred cardholders will receive up to a 25% bonus, while Chase Sapphire Reserve cardholders receive up to a 50% bonus. Hopefully, this list gives you an idea of some competing credit cards that could better suit your travel needs. 7 cents each, so to me, that’s a return of either 3. Sign-up bonus: 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening; that's $750 when redeemed for travel through Chase Ultimate Rewards®. Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. Both the Sapphire Reserve and Amex Platinum have a high annual fees: $550 and $695 respectively (see rates and fees). Both Chase and Amex offer several different redemption opportunities for their points. 49%. They did it again in the spring of 2021, bringing back an 80,000-point offer on the Preferred Card. So, $95 - $50 -. Chase Sapphire Preferred. With the Chase Sapphire Preferred, you’ll earn at least 2 points for every dollar you spend on travel, 3 points on dining, select streaming services and select online grocery purchases, 60,000. Chase Ultimate Rewards ® are. The Chase Sapphire Preferred offers a slightly lower welcome bonus than the Sapphire Reserve, at 60,000 bonus points after spending $4,000 within the first three months of account opening. Cardholders earn 5 points per $1 on travel purchased through. Expert take: The Citi Premier® Card is Citi’s answer to the Chase Sapphire Preferred® Card, which comes with the same annual fee of $95. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. Both offer up to $50,000 in. In 2016, Chase cannonballed into the premium credit card market with an offer many found irresistible. The Sapphire Preferred is also considered a mid-tier travel card, and it’s widely regarded as one of the best travel credit. When applying for the Chase Sapphire Preferred credit card, you’ll need good to excellent credit. 49%, and the Reserve starts at 22. Although you don’t get lounge access, you can enjoy these travel benefits: 25% redemption bonus when booking travel through Chase. To get you started, new cardmembers can earn 60,000 bonus points after spending. With the Freedom Flex, you earn $200 after spending $500 on. 1% in that category. Here are some reasons the. The Chase Sapphire Preferred offers cardholders up to $50 in annual Ultimate Rewards Hotel Credit and up to $10 in monthly Gopuff credit (through Dec. S. Chase Sapphire Reserve has a higher annual fee than the Chase Sapphire Preferred card but boasts premium travel perks, making it an ideal card for frequent travelers. They did it again in the spring of 2021, bringing back an 80,000-point offer on the Preferred Card. New cardholders of the Chase Sapphire Preferred can earn 60,000 points after spending $4,000 on purchases in the first three months of account opening. The Chase Sapphire Preferred® Card is one of the best travel credit cards for beginners and experienced travelers alike. For a reasonable annual fee, the Chase Sapphire Preferred® Card earns bonus rewards (up to 5X) on travel, dining, select streaming services, and select online grocery purchases. Chase is offering 60,000 bonus points for new cardmembers who spend $4,000 on purchases in the first three months from account opening. When redeemed for travel through the Ultimate Rewards portal, each point earned by the Chase Sapphire Preferred® Card is worth 1. We recommend having a FICO score of. Chase Sapphire Preferred. Annual fee: $395. When Sapphire. A “good” FICO Score ranges from 670 to 739, a “very good” score is 740 to 799 and an. To compare two very different welcome bonuses, we considered the relative return on investment of each. Right now, the standard welcome offer on the Chase Sapphire Preferred card is 80,000 Ultimate Rewards® points, earned after spending $4,000 in three months. Chase has kicked off 2023 with some big, bad changes to the Pay Yourself Back benefit for both Sapphire Preferred and Sapphire Reserve cardholders. Winner: Chase Freedom Flex. Bottom Line Chase Sapphire Preferred is one of the best credit cards for. The Chase Sapphire Preferred® Card and Chase Sapphire Reserve® are two of Chase’s top credit cards. Among the other benefits coming into play as of August 16, 2021, the card will now offer a $50 annual credit on hotel stays purchased through Ultimate Rewards. You. Dollar Equivalent: $1,380 (60,000 Chase Ultimate Rewards Points * 0. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). In late October 2022, the first Chase Sapphire Lounge by the Club opened in Hong Kong airport in the West Hall of Terminal 1 (near gate 40). Both cards charge a $95 annual fee and waive foreign. Frequent travelers will also get a lot of value out of Chase Sapphire Reserve because it comes with a $300 annual travel credit and. Best card for someone who wants a big sign-up bonus: Chase Sapphire Preferred. The benefits come through Visa. Annual fee: The Chase Sapphire Preferred® Card charges a $95 annual fee. Chase Sapphire Preferred had a metal core sandwiched between two pieces of plastic, While a standard plastic card generally cost $1 to produce, this card cost the team felt that the satisfying thunk" it made as a consumed put it down for payment was an important quality signal Remarked Walker, "When I look at my P&L, that's a pretty big cost of. Based on the hypothetical annual spending above, here’s the verdict: card_name: 51,300 Chase Ultimate Rewards points per year. . There are a few factors that Chase looks at before approving the Chase Sapphire Preferred® Card. It is located in the West Hall of the International Departures area near Gate 40. Rewards Rate. 25 cents per point through the Ultimate Rewards travel portal. For many, the decision comes down to this simple cost. Personally, my anniversary bonus is worth 1,523 (worth about $19 including the +25%). Feature. If you want a mid-tier card with a lower annual fee: The Chase Sapphire Preferred Card is a good choice for earning Chase Ultimate Rewards points but with a lower annual fee of $95. We recommend having a FICO score of. Chase Sapphire Preferred® Card. If you’re focused on earning and redeeming rewards for travel, and you’d like to save on the costs of an annual fee, we think the Chase Sapphire Preferred® Card. That’s worth up to $1,000 in travel. Morgan Reserve card is the heaviest credit card we know about, weighing 27 grams. All its competitors took note and eventually the rewards and benefits of other cards had to match that of the Sapphire Reserve. Opt for pick-up. While the Chase Sapphire Reserve comes with a $550 annual fee, the Citi Prestige charges its own high fee at $495. Although JPMorgan Chase and Bank of America are the 2 largest banks in the U. However, we value Chase points at 2 cents per point, making 100,000. locations and for a statement credit toward. 5 cents each when redeemed for travel through Chase Ultimate Rewards®. The Platinum Card® from American Express. Until then eligible new cardmembers can earn 80,000 bonus points after spending $4,000 on. Chase Freedom Flex℠*: Best for flexible. These cards are cheaper than “premium” cards with annual fees in the $500-$700 range, but $95 is still a. Shop Peloton Bikes, Tread, Guide, or Row. 1-1. Unfortunately, many hotels will. New Chase Sapphire Preferred® Card cardholders can earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account. Among the Citi credit cards lineup, the Citi Premier ® Card is a mid-tier travel card that offers plenty of ways to earn rewards. Additionally, it offers flexible point redemption options, no foreign. In addition to lounge access, some of the top benefits for the Sapphire Reserve include: $300 annual travel credit. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card now offer the complimentary DashPass benefit through Dec. The Sapphire Preferred Card has a minimum $5,000 credit line. As a premium (read: annual fee-charging) travel card, Chase Sapphire Preferred has two advantages over the Chase Freedom in this respect: a 25% redemption bonus when you redeem your rewards for. Then, select your Chase Sapphire Preferred card. 0125. Card Weight: 17 grams. At Chase, you’ll need at least $500 in total monthly direct deposits. com. or call collect at 1-804-673-1691 while outside of the US to file claims. Chase Sapphire Reserve vs. Yes, the Citi Prestige is a Mastercard, which means it is widely accepted at many retailers. Credit Cards. When you book hotels through the Chase travel portal, you’ll get up to $50 in statement credits per year to reduce the cost of your reservation. Both are solid choices, but the Chase Sapphire Preferred boasts higher point values and travel. United Club℠ Infinite Card. Using it cuts the annual fee down to only $45. Chase Sapphire Reserve® Credit Card. First, the Sapphire Preferred is currently offering one of the best sign-up bonuses in the industry, giving new cardholders the opportunity to earn 60,000 bonus Ultimate Rewards points. 5 points per dollar on Lyft through March 2025. The Chase Sapphire Preferred Card is one of the most popular travel rewards cards out there and comes with a number of well-known benefits, as well as an 60,000-point bonus when you spend $4,000 on purchases within the first three months of account opening — all for a $95 annual fee. TPG values Ultimate Rewards points at an even 2 cents each, making this bonus worth $1,200. There are some of the best perks. Some background: The Chase Sapphire Reserve became a 2016 viral obsession, with a disproportionately high number of millennials applying for the travel points-heavy card — despite (or perhaps. Unfortunately, the card issuer doesn't offer a promotional APR for purchases or balance. . S. Sapphire Preferred offers an initial bonus worth $750 in travel through Chase, and it gives 5 points per $1 spent on travel purchased through Chase, 2 points per $1 on all other travel purchases, 3 points per $1 on dining and online grocery purchases, 3 points per $1 on select streaming services, and 1 point per $1 on all other purchases. The bottom line: Citi® makes it easier to waive monthly service fees on its standard checking account than Chase or Bank of America. Chase Sapphire Preferred has a bonus offer that provides new cardholders with 60,000 points after $4,000 spent within the first 3 months — a great deal. Travel Through Chase Ultimate Rewards: When you use points to redeem for cash, each point is worth $. 1. First, you could book flights directly through the Ultimate Rewards travel portal. You earn 2x Ultimate Rewards points on travel and dining. For the rest of us, the heaviest cards in this review are the Luxury Card trio (22g). That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®The Chase Sapphire Preferred® Card is the winner over Chase Freedom Flex℠. The Chase Sapphire Preferred’s current welcome bonus is: 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. The Chase Sapphire Reserve®, a premium travel credit card, also comes with airport lounge access, an up to $300 annual travel credit and an up to $100 credit for Global Entry, TSA Precheck or. In turn, its 60,000-point bonus is worth $750 in travel. That effectively brings the fee down to $250. It is less travel-focused than the Chase Sapphire Preferred, and offers a well-rounded rewards program and greater. The Chase Sapphire Reserve stands as one of the best travel credit cards. Redeem toward most anything Disney at most Disney U. With the Sapphire Preferred, your Chase points are worth 1. Chase Freedom Flex: Best for earning 5% cash back (or 5 points per dollar) up to a quarterly maximum;. The card. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card. If redeemed. Chase Sapphire Reserve: 60,000 bonus points for spending $4,000 in the first. The new version of the lounge has snazzy. Earn 60,000 bonus points. It offers numerous benefits that can easily justify its $95 annual fee. Last month, Doctor of Credit flagged a notice buried in cardholder's statements indicating the bank's. Which cards are better than the Chase Sapphire Reserve now that the annual. With great travel perks like lounge access and big-time travel credits, it’s no wonder the card is so popular. Sapphire Banking is Chase’s second-highest banking product with Chase Private Client being in the top spot. The Chase Sapphire Reserve® has a much higher annual fee — $550, compared with $95 for the Chase Sapphire Preferred® Card — but it offers richer rewards and more perks. Approval Factors for Chase Sapphire Preferred. The Chase Sapphire Preferred Card has a limited-time increased welcome offer of 80,000 points, which you can earn after spending $4,000 on the card in the first three months from account opening. empty checkbox Compare the Chase Sapphire Reserve Credit Card. The Chase Sapphire Preferred doesn’t offer 5X on “all” airfare like Amex Platinum, but again, it’s a $95 a. These cards offer great benefits for travel, dining and everyday purchases. And remember, the card's 60,000-point bonus is worth $1,200 in travel, per TPG valuations. The question is, how do you choose the right card?. 5, while Sapphire Preferred's earning rate is 5. The balance transfer APR is also the same, and there is no introductory APR for either card. New Chase Sapphire Preferred® Card members can now earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. Chase has basically realized that the weight raises customers’ dopamine levels. † Pricing & Terms. The Chase Sapphire Preferred® Card’s increased bonus is scheduled to expire by 9:00AM ET on 5/25/2023. The Chase Sapphire Reserve comes with a. Amex Platinum Card — Uber Cash. However, with the Chase Sapphire Reserve, you’re able to redeem your points at 1. In this area, the Chase Freedom Unlimited shines. Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend. The Chase Sapphire Reserve has the broadest Priority Pass membership, allowing you to visit Priority Pass-affiliated restaurants, spas and suites — which most other cards don't permit. Chase Sapphire Lounge by the Club. Also, the Venture X comes with cell phone insurance. Select which purchases you’d like to redeem points. Here’s why the $95 annual fee is worth it: Chase Sapphire Preferred® Card. 25 cents each for travel booked through Chase or transfer points. That works out to roughly $250 per person — and. The Chase Sapphire Preferred® Card is one of the most recommended travel credit cards. 49%. ANNUAL FEE. For those who don’t travel as often though. See moreThe Best Alternatives to Chase Sapphire Reserve. Chase. For starters, the Sapphire Reserve still has an edge over Amex regarding the $300 annual travel credit. You can use your Ultimate Rewards to book flights through the Chase Travel portal. Chase Sapphire Banking benefits. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives. The Chase Sapphire Preferred offers a slightly lower welcome bonus than the Sapphire Reserve, at 60,000 bonus points after spending $4,000 within the first three months of account opening. Interest. Sapphire Preferred vs. The Capital One Venture and the Chase Sapphire Preferred are two popular rewards credit cards that offer a variety of benefits to cardholders. It is less travel-focused than the Chase Sapphire Preferred, and offers a well-rounded rewards program and greater. Bottom Line: With a complimentary DoorDash DashPass subscription, the Chase Sapphire Preferred card and the Chase Sapphire Reserve card are great choices for food delivery service purchases. Both the Venture and Sapphire Preferred have a $95 annual fee, so this is a clear tie. Chase Sapphire Preferred Travel Benefits. When comparing the Chase Freedom Unlimited vs Chase Sapphire Preferred, don’t forget to consider the 0% intro APR. Why We Like It: The Chase Sapphire Preferred® Card is one of the best metal credit cards for bonus travel rewards. Annual Fee: $95. Here are areas where the cards beat the competition, with the maximum coverage amount by category. The Chase Sapphire Preferred Card is a fantastic option for diving deeper into travel rewards. To file a claim over the phone, start by calling 888-320-9961. locations and for a statement credit toward. If you. Not only is it a higher amount than the up-to-$200 airline fee credit that comes with the Amex Platinum, but it's also much less restrictive. Chase Sapphire Reserve: Best for frequent travelers. Maria Adams, Credit Cards Moderator. Best for premium Uber. Other reasons why Chase Sapphire Preferred wins include the fact that it. The Platinum. With that in mind, let me share the four areas where you can get significantly more value with the Sapphire Reserve than the Sapphire Preferred. The most prestigious credit card is the invitation-only Centurion® Card from American Express (Amex Black Card), as well as The Platinum Card® from American Express, and the Chase Sapphire Reserve® card. The card earns 1. 25 cents when redeemed for travel booked through Chase's online portal, operated by. While the Chase Sapphire Reserve card has a fee that is significantly higher than the Amex Gold card at $550 compared to $250, it also comes with more usable benefits including worldwide lounge access and the $300 travel statement credit which more than make up for the annual fee difference. Chase Sapphire Preferred vs. 9% on all orders. That noted, there are plenty of. Chase Sapphire Preferred Benefits. And while you don’t receive any stay credits automatically. Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. These include 5x miles on travel purchased through the Chase Ultimate. The Chase Sapphire Preferred Card is a great choice, especially if you're interested in transferrable travel rewards, with a modest $95 annual fee and the option to redeem points for 25% more. Chase Sapphire Preferred is worth it if you spend $4,000 during the first 3 months your account is open, as you’ll qualify for an initial bonus of 60,000 points. You can redeem both Membership Rewards and Ultimate Rewards for cash back plus a variety of. Chase Sapphire Preferred is still a great option. One of the biggest differences between the two Sapphire cards off the bat is the annual fee. The new 80,000-point sign-up bonus represents the biggest welcome offer on the Chase Sapphire Preferred® Card in nearly two years. The Preferred card also gives you 60,000 Ultimate Rewards points after you spend $4,000 in purchases within the first three months. If not, go with the Chase Sapphire Preferred® Card. By using that promotion along with my Chase Sapphire Preferred $15 per quarter statement credit and the Rakuten cash-back portal, my total order would up being closer to $10. The Chase Sapphire Preferred also starts you off with 60,000 bonus points worth $750 in travel booked through Chase Ultimate Rewards after spending $4,000 on purchases within three months of. Chase Sapphire Preferred® cost after using the travel credit is $45. NOT FDIC INSURED. Bankrate Score. Rewards: Earn 1. Deciding between two rewards credit cards often is just a matter of comparing the rewards you'll. Even though stays have to be booked through the Ultimate Rewards travel portal, the portal itself is super easy to use. The nearly 12,000-square-foot lounge is a redesign and rebrand of the Club Lounge that existed in the space pre-COVID. If you want a mid-tier card with a lower annual fee: The Chase Sapphire Preferred Card is a good choice for earning Chase Ultimate Rewards points but with a lower annual fee of $95. Chase Sapphire Banking. However, with the Chase Sapphire Reserve, you’re able to redeem your points at 1. Both the Venture and Sapphire Preferred have a $95 annual fee, so this is a clear tie. Chase briefly offered a sign-up bonus of 100,000 points in June. 49% and runs up to 29. Chase Sapphire Preferred comes with a variable annual percentage rate (APR) ranging from 21. Chase Sapphire Preferred® Card. If you like to travel, the Chase Sapphire Preferred is probably the best overall. This annual benefit. Insider pegs Chase Ultimate. Chase Sapphire Preferred vs. The Chase Sapphire Reserve® came with a $450 annual fee ($550 as of 2020) and debuted with a. Chase Sapphire Preferred® Card holders have two ways of starting a rental car insurance claim: over the phone or online. Points can be redeemed for travel through the Chase Ultimate Rewards® portal for 1. Earn 60,000 bonus points after you spend $4,000 on purchases in the first three months from. New. The Chase Sapphire Reserve® has a welcome offer of 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. The Chase Sapphire Preferred offers a compelling sign-up bonus for first-time applicants. 850 Good - Excellent If you like to eat out or order in, Chase Sapphire Preferred® is a great pick with tons of meal-related and travel perks for you to enjoy. Amex Gold welcome offer. 99% - 29. 023 base) The Chase Sapphire Preferred Card is one of the gold standards for earning travel rewards. Best cards for earning Chase Ultimate Rewards. 5 cents per point with the Sapphire. Sapphire Preferred highlights include: The card currently offers a 60,000-point sign-up bonus — worth a minimum of $750 toward paid travel. At an absolute minimum, 60K Ultimate Rewards points can be redeemed for $750 worth of travel through the Chase Travel Portal. Through March 2025, the Chase Sapphire Reserve offers 10x points on Lyft rides — a great return on spending — while the Sapphire Preferred Card offers 5x points. Southwest® Rapid Rewards® Performance Business Credit Card. Chase Sapphire Reserve®. It will automatically apply to a broad range of travel purchases. Trip cancellation and interruption insurance up to $10,000 per person ($20,000. The Chase Sapphire Reserve and the Citi Prestige cards both offer superior benefits such as annual travel credits, airport lounge access and the ability to transfer points to airline and hotel loyalty partners. The Chase Sapphire Preferred also has a 1:1 point transfer rate to Chase’s travel partners. Chase Sapphire Preferred is one of the best travel credit cards on the market, and it offers big value upfront with an initial bonus of 60,000 points for spending $4,000 in the first 3 months. The Chase Sapphire Preferred Card has a limited-time increased welcome offer of 80,000 points, which you can earn after spending $4,000 on the card in the first three months from account opening. The Priority offers 7,500 bonus points each cardmember anniversary year, a $75 annual Southwest. 25 cents per point, making them slightly less valuable when redeeming via the Chase Portal. The new World of Hyatt Business Credit Card from Chase offers entry-level elite status for the cardholder and up to five employees. The Chase Sapphire Preferred® Card’s welcome offer is currently 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. The Chase Sapphire Preferred® Card carries a $95 annual fee, compared to the Capital One Venture X Rewards Credit Card’s $395 annual fee (rates & fees). com or ESPNPlus. The Chase Sapphire Preferred’s 60,000-point bonus (after spending $4,000 in the first three months) isn’t just $600 in cash back or gift cards -- it’s potentially a multithousand-dollar. In contrast, the Chase Sapphire Reserve welcome bonus, 60,000 points earned when you spend $4,000 in purchases in the first three months, is good for $900 in travel booked through the Chase. com. The Chase Sapphire Preferred's 60,000-point bonus can be worth up to $750 when you redeem for travel through Chase Ultimate Rewards® since point redemptions are worth 25% more this way. While that’s less than some premium travel cards charge, including the higher-end Chase Sapphire Reserve®, you. Best for overall flexible travel rewards: Chase Sapphire Preferred® Card. The Chase Sapphire Preferred earns 60,000 points when you spend $4,000 in the first three months of account opening, compared to 60,000 points after spending $6,000 within the first six months. The card is currently offering a sign-up bonus of 60,000 Ultimate Rewards points after you spend $4,000 on purchases in the first three months from. Chase Sapphire Reserve. CHASE. $50 Annual Ultimate Rewards Hotel Credit:. The Chase Sapphire Preferred earns unlimited: 5x points on travel purchased through Chase Ultimate Rewards® (excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit). Capital One Venture vs. Chase’s Competitors Respond. Annual fee: $395. Its initial bonus is 60,000 points. It. The Chase Sapphire Preferred’s benefit package helps it snag top spots on many lists of the best credit cards across publications. Using this card, you can earn 5X points on travel purchased through Chase Ultimate Rewards®; 3X points on dining, select streaming services, and eligible online grocery purchases; 2X points on all other travel purchases,. Chase Sapphire Preferred® Card: Best for beginners. Best Alternatives to the Chase Sapphire Preferred Card: Best for International Travel: Citi Premier® Card Best for Lounge Access: Capital One Venture Rewards Credit Card Best for Everyday Spending: Chase Freedom Unlimited® Best for Renters: Bilt Mastercard® 🎉NEW! Unlimited Cash-Back Match Offer🎉 Chase Freedom Unlimited® Apply Now The Best Alternatives to Chase Sapphire Reserve. The Chase cards have different annual fees depending on which tier you get: Preferred is $95 a year, while Reserve is $550, of which $300 is automatically applied as statement credits on travel. So, is the Chase Sapphire Preferred Card worth the $95 annual fee? It most often is. Chase Sapphire Preferred Card. Additionally, it offers flexible point redemption options, no foreign. Let’s refer back to our earlier spending scenario. In 2016, Chase cannonballed into the premium credit card market with an offer many found irresistible. S. Hotels booked through Chase Ultimate Rewards with your Chase Sapphire Preferred Card after already fully earning your yearly $50 credit (these bookings do earn 5x points per dollar spent, however) When to Forgo Using the Hotel Credit. Step 3: Once you’ve confirmed the purchases and the number of points you’ll be redeeming, you’re all set!The Chase Sapphire Preferred Card offers similar benefits and earning power as the Chase Sapphire Reserve for a modest $95 annual fee. The Chase Sapphire Reserve has the broadest Priority Pass membership, allowing you to visit Priority Pass-affiliated restaurants, spas and suites — which most other cards don't permit. Activate by July 31, 2024. The Sapphire Reserve's most natural competitors are another card earning the same points but with a lower annual fee and two other premium travel credit cards. 1. New cardholders can earn 60,000 points after spending $4,000 on purchases within three months. Chase has plans for a Chase Sapphire Lounge by The Club in nine locations ; facilities in Austin (a 'terrace,' not a lounge), Boston and Hong Kong are now. Use your $50 annual hotel credit through Chase Ultimate Rewards. With the Chase Sapphire Reserve, you would earn 131,000 Chase Ultimate Rewards points per year—24,000 points on regular purchases, 60,000 points on airfare, 18,000 points on dining, 9,000 points. Offering an excellent return on travel and dining purchases, the card packs a ton of value that easily offsets its $95 annual fee. The Chase Sapphire Preferred® Card welcomes new cardholders with bonus Ultimate Rewards points after spending a moderate amount in the first three months. Best features: As a premier Ultimate Rewards card, the Sapphire Preferred allows you to get 25% more value when you redeem for future travel through the Chase Ultimate Rewards portal. It's not the only fee you need to worry about with the Chase Sapphire Reserve® Card, either. The Chase Sapphire Preferred has an annual fee of just $95, while the Amex Gold comes with a considerably higher annual fee of $250 (see rates and fees ). Chase Sapphire Lounge by the Club. How to upgrade from Chase Sapphire Preferred to Reserve. Capital One Venture is a better credit card than Chase Sapphire Preferred because it gives more value over the long haul with its ongoing rewards rate of 2 miles / $1 spent on all purchases. Earning Points: See your Card Rewards Program Agreement (PDF) for more details. The Chase Sapphire Preferred® Card and Chase Sapphire Reserve® are two of Chase’s top credit cards. 1-2. To join (and avoid the $25 monthly account fee), you will need to maintain a minimum $75,000 account balance. OR ANY OF ITS AFFILIATES. Best for online grocery shopping: Chase Sapphire Preferred. Free Subscription and Statement Credit to Instacart+ [$110] Chase Sapphire Preferred cardholders get a free 6-month membership to Instacart+, which offers free delivery on orders over $35, a 5% credit back on eligible pickup orders, and lowers the service fee from 5% to just 1. If you can bring in $75,000 in new assets, have a Chase Sapphire Preferred Card or a Chase Sapphire Reserve and have an offer code, you can earn 60,000 points when you sign up for a Chase Sapphire Banking account. You can earn 100,000 Chase Ultimate Rewards points for opening a Chase Sapphire Preferred Card and spending $4,000 in 3 months. com. Basically, many Chase credit cards, including this one, are subject to what’s known as the 5/24 Rule, which means you won’t be approved for a Chase Sapphire Preferred® Card if you’ve opened five or more credit card accounts within the last 24 months. The Chase Sapphire Preferred® Card is a premium travel rewards credit card (it’s made of metal, not plastic!) that earns 5X points on travel purchased through Chase Ultimate Rewards, 3X points on dining, 2X points on all other travel purchases, and 1 point per $1 spent on everything else. 25 cents per point). Runner-up: American Express® Gold Card. The Chase Sapphire Preferred is an excellent travel rewards card, but it’s got plenty of competition if you’re looking for something cheaper or better. But the Chase Sapphire Preferred® Card has a lower annual fee ($95) than its competitors and plenty of lucrative rewards. Frequent travelers will also get a lot of value out of Chase Sapphire Reserve because it comes with a $300 annual travel credit. The Chase Sapphire Preferred® Card is one of the most popular travel rewards credit card on the market. 49% to 28. It provides many opportunities to redeem points for valuable rewards that go far beyond those that simpler, fixed-value cards can provide. Both cards do have features and benefits that help to justify or offset the annual fees though. The Chase Sapphire Preferred® Card carries a $95 annual fee, compared to the Capital One Venture X Rewards Credit Card’s $395 annual fee (rates & fees). Best Chase Credit Cards. The Venture X and Amex Gold cards both carry hefty annual fees that you’ll want to take into account before applying. Simply put, the benefits of the Chase Sapphire Preferred are worth the $95 annual fee. In addition to the card benefits, the Sapphire Reserve is an excellent card for earning and redeeming rewards. It has an annual fee of $550, but includes an annual up to $300 travel credit to help essentially cover some of the cost. Variable APR: 22. However, since Chase Ultimate Rewards points are worth 1. Once you get the hang of it, the lineup of transfer partners available with the Chase Sapphire Preferred is stellar. Chase Sapphire Preferred Chase Sapphire Reserve; Annual fee: $95: $550: Earning rates: 5 points per dollar on travel purchased through the Ultimate Rewards portal. Shelle Santana discusses how protagonists Pam Codispoti and Eileen Serra shifted their focus to retaining customers. With so many travel credit cards to choose from, it’s tough competition. New cardholders of the. Meanwhile, the Chase Sapphire Preferred can redeem points at a rate of 1. “I have three cards from Chase: Freedom, Amazon, Southwest, with a total. You will earn 3x Ultimate Rewards® points on dining (one of the best credit cards for restaurants and dining ). 25 cents each when redeemed for travel through the Ultimate Rewards portal, your 60,000-point bonus is worth up to $750. The Chase Sapphire Preferred is best for award travel beginners who want an introduction into the world of points and miles. Chase Sapphire Preferred benefits, from primary rental car insurance to $10 worth of free stuff each month, can get you a value that exceeds the card's annual fee. Work out your way — from HIIT rides to walks and hikes to strength training, and more:. The Chase Sapphire Preferred Card earns 2x points instead of 3x points on travel when compared to the Chase Sapphire. If the Ultimate Rewards points were redeemed for travel via the Chase travel portal, the value would be $270 (1. The Chase Sapphire Preferred® Card is a solid pick for cardholders who want valuable travel benefits without a high annual fee. P. Its collection of travel and purchase protections, statement. Rating. » MORE: Best rewards credit cards To view rates and fees of the American Express® Gold Card , see this page . You'll earn 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. The bottom line. The Chase Sapphire Preferred’s current welcome bonus is: 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening.