This content is created by AP Buyline in accordance with AP’s editorial guidelines and supervised and edited by AP staff. Our evaluations and opinions are not influenced by our advertising relationships, but we may earn commissions from our partners’ links in this content. Learn more about AP Buyline here.
In a nutshell:
Flexible rewards with a low annual fee.
- annual_fees annual fee.
- Ability to transfer points to hotel and airline partners.
- Other benefits include a $50 hotel credit through Ultimate Rewards and DoorDash DashPass subscription for a year.
The AP Buyline roundup:
The card_name is one of the most accessible and flexible travel rewards cards out there. For a annual_fees annual fee, you can earn rewards that you can redeem through the Chase Ultimate Rewards portal or by transferring points to various airline and hotel partners. Other benefits include no foreign transaction fees, a $50 hotel credit you can use through Chase Ultimate Rewards and complimentary subscriptions to Instacart+ and DoorDash DashPass.
As for earnings, you can get 5 points per dollar on travel through Chase Ultimate Rewards, on Lyft rides through Nov. 14, 2024, and on Peloton equipment and accessory purchases through Mar. 31, 2024; 3 points per dollar on dining, online grocery purchases and qualifying streaming services; 2 points per dollar on travel purchases and 1 point per dollar on all other purchases. However, you won’t get other perks other travel rewards card offers such as airport lounge access or other types of traveler credits.
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card
Why we like it
Who is Chase Sapphire Preferred for?
The card_name is great for occasional to frequent travelers who are looking to dive into the world of rewards credit cards. This card offers plenty of value: Cardholders can for the most part justify the cost if they're able to take advantage of perks that offset the annual fee. Travelers who prefer certain airline or hotel brands will find that the flexible redemption options and the ability to transfer points to travel partners are mostly beneficial. However, if your credit score isn’t considered good, or you’re looking for more luxury travel perks, this card may not be the best fit.
Chase Sapphire Preferred features
Rewards earnings
This card offers several high rewards earning categories, best for those who make frequent travel purchases:
- 5 points per dollar on travel purchases through Chase Ultimate Rewards, Lyft rides through Nov. 14, 2024, and Peloton equipment and accessory purchases through March 31, 2024.
- 3 points per dollar on online grocery purchases (except wholesale clubs, Target, and Walmart), dining and participating streaming services.
- 2 points per dollar on travel purchases.
- 1 point per dollar on all other purchases.
What’s more, you’ll earn 10% bonus points on your cardholder anniversary that’s based on the total amount you spend on the card within the year. In other words, you’ll earn one dollar for every 10 dollars you spend. For example, if you spend $20,000 on your card_name, you’ll earn 2,000 in bonus points on your cardholder anniversary.
Welcome bonus
bonus_miles_fullTravel credit
Cardholders receive a $50 credit annually towards a hotel purchase through Chase Ultimate Rewards. You will need to pay for the reservation in cash and not points to be eligible for this credit.
The fine print
Chase has several airline and hotel rewards partners where you can transfer your Chase points to, in most cases at a 1:1 ratio. Doing so can be more beneficial as it can maximize the amount of rewards you can receive with your points.
Chase’s airline partners include:
- Aer Lingus AerClub.
- Air Canada Aeroplan.
- British Airways Executive Club.
- Emirates Skywards®.
- Flying Blue (Air France - KLM).
- Iberia Plus.
- JetBlue TrueBlue.
- Singapore Airlines KrisFlyer.
- Southwest Airlines Rapid Rewards.
- United MileagePlus.
- Virgin Atlantic Flying Club.
Their hotel partners include:
- IHG One Rewards.
- Marriott Bonvoy.
- World of Hyatt.
Additional hidden perks
International travelers can save a few bucks because the card_name doesn't charge a foreign transaction fee, something you pay for the privilege of using your card overseas. There are also other travel protections such as primary car rental insurance, baggage delay, trip delay and trip cancellation and interruption insurance. Cardholders can also receive referrals for different medical, travel, emergency and legal assistance from the Chase Benefit Administrator, but be aware that you will pay the full cost for services you obtain from the Benefit Administrator.
Where the Chase Sapphire Preferred doesn’t measure up
While a great beginner’s travel rewards card, Chase Sapphire is a great fit for those who don’t travel enough to offset the annual fee. It may also not be an attractive card for those who are very frequent travelers and are looking for more luxury benefits such as airport lounge access or additional travel credits.
Alternatives to Chase Sapphire Preferred
| Card name | Credit score | Annual fees | Welcome bonus |
|---|---|---|---|
card_name | credit_score_needed | annual_fees | bonus_miles_full |
card_name | credit_score_needed | annual_fees | bonus_miles_full |
card_name | credit_score_needed | annual_fees | bonus_miles_full |
Frequently asked questions (FAQs)
Is card_name hard to get approved for?
The card_name is generally geared towards those with very good to excellent credit scores. That being said, your chances of qualification will depend on factors such as your credit history, income and other financial indicators.
What salary do you need for card_name?
Chase doesn’t disclose a minimum salary requirement for the card_name. Plus, there are other factors that may affect your chances of qualifying for the card, such as your credit score.
Is card_name for beginners?
The card_name card can be a good choice for beginners who want to earn flexible travel rewards.
What is the 48-month rule for card_name?
The 48-month rule refers to bonus rewards you can earn with any Chase Sapphire cards. Meaning, you can only earn signup bonuses every 48 months. If you want to open another Chase Sapphire card and earn a bonus less than 48 months ago, you’ll have to hold off.
This content is created by AP Buyline in accordance with AP’s editorial guidelines and supervised and edited by AP staff. Our evaluations and opinions are not influenced by our advertising relationships, but we may earn commissions from our partners’ links in this content. Learn more about AP Buyline here.