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. When applying for the Chase Sapphire Preferred credit card, you’ll need good to excellent credit. It has the same 1:1 transfer partners as the Chase Sapphire Reserve® and a similarly robust sign-up bonus: Earn. The card recently introduced additional category bonuses to sweeten the deal: 5% on travel purchased through Chase. The Chase Sapphire Preferred doesn’t offer 5X on “all” airfare like Amex Platinum, but again, it’s a $95 a. You won't have Priority Pass lounge access any longer, but you'll still be. Each point in your Chase Sapphire Preferred® Card account or Ink Business Preferred® Credit Card account is worth 25% more when used this way. Here are some reasons the. Sapphire Preferred’s closest competitor—and our pick for the Best Travel Card—is the Capital One Venture Rewards Credit Card. Both. Credit Cards. The Chase Sapphire Reserve is a much more expensive credit card as it has a $550 annual fee instead of a $95 annual fee. That noted, there are plenty of. 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. Additionally, it offers flexible point redemption options, no foreign. Which cards are better than the Chase Sapphire Reserve now that the annual. 2 days ago · Many of its competitors use a “hub-and-spoke” system, which filters a. Daily Newsletter. The competition is stiffer, but the Reserve still edges out the Preferred (as it should). Those points are worth a minimum of $1,000 cash back or $1,250 towards travel and other categories, but they can be worth much more as shown below. The insurance benefits with the Venture X are better than those of the CSP. The initial sales of chase sapphire reached the sales target, but the net revenue of the company dipped after completion of 1 st year. It is less travel-focused than the Chase Sapphire Preferred, and offers a well-rounded rewards program and greater. If you’re comparing these two rewards cards based only on their annual fees, the American Express Gold Card wins due to its much lower annual fee of $250. 49%. The Chase Sapphire Preferred is a huge winner in this category due to its exceptional welcome offer. 1:1 point transfers to Chase travel partners including major airlines and hotels. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. 25 cents apiece, which means that these remaining points are worth more than $1,000 toward travel. These cards are cheaper than “premium” cards with annual fees in the $500-$700 range, but $95 is still a. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card now offer the complimentary DashPass benefit through Dec. We recommend having a FICO score of. You can redeem both Membership Rewards and Ultimate Rewards for cash back plus a variety of. Chase Sapphire Preferred® Card review: The best travel rewards card for less than $100?. That said, the Autograph card’s bonus spending requirement skews higher than some competitors, at $1,500 in your first three months. The Chase Sapphire Preferred's 60,000-point bonus can be worth up to. As mentioned earlier, the Chase Sapphire Preferred® Card has an annual fee of $95. Both offer up to $50,000 in. The bank behind the ultra-popular Chase Sapphire Preferred® Card and Chase Sapphire Reserve® has been working for years to build its own branded lounges dubbed the Chase Sapphire Lounge by The Club. All three cards require applicants to meet high income and/or spending standards for approval. 25 cents per point, making them slightly less valuable when redeeming via the Chase Portal. 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. Chase Sapphire Preferred: Earn 5 points per dollar on Peloton equipment and accessory. 25 cents per point, while the Chase Sapphire Preferred has a much inferior 1 cent per point redemption. And remember, the card's 60,000-point bonus is worth $1,200 in travel, per TPG valuations. Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. For years, the Chase Sapphire Reserve® has been the gold standard credit card in the points and miles world – and for good reason. C1 VX gets you lounge access, free AU and a 2X earn for $395, $300 back in portal travel credit and 10k points after the first year. With great travel perks like lounge access and big-time travel credits, it’s no wonder the card is so popular. The Chase Sapphire Preferred doesn’t offer 5X on “all” airfare like Amex Platinum, but again, it’s a $95 a year card, instead of $695 like Amex Platinum. As a matter of fact, they can be. One of the biggest differences between the two Sapphire cards off the bat is the annual fee. Remember that Chase Sapphire Preferred cardholders will receive up to a 25% bonus, while Chase Sapphire Reserve cardholders receive up to a 50% bonus. 49%. All you have to do after logging into your account is go to the main menu on your. And while you don’t receive any stay credits automatically. If you. Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend. 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. 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. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). Those bonus points are worth up to $750 in travel through Chase, which can cover the cost of the card’s membership fees for years. 95 per service call, while the Chase Sapphire Reserve card offers 4 free service calls valued up to $50 each per year. The Chase Sapphire Preferred® Card has many of the same credit card travel insurance benefits as the Chase Sapphire Reserve®. Insider pegs Chase Ultimate. The Chase Sapphire Preferred® Card is one of the best travel credit cards for beginners and experienced travelers alike. The Amex Platinum Card offers a much longer list of benefits and perks than the Chase Sapphire Preferred. For many, the decision comes down to this simple cost. 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. . In exchange, cardholders get airport lounge access, an annual $300 travel credit and higher earning rates on dining and travel purchases: Up to 10X points on Chase Dining purchases and hotels and rental cars booked through Chase. In 2016, Chase cannonballed into the premium credit card market with an offer many found irresistible. However, we value Chase points at 2 cents per point, making 100,000. Cons. With the Freedom Flex, you earn $200 after spending $500 on. Best for Trip. CHASE. The best credit cards of November 2023. The Chase Sapphire Preferred offers a compelling sign-up bonus for first-time applicants. The benefits come through Visa. 0125, but your credit card will be charged the full remaining dollar amount. The nearly 12,000-square-foot lounge is a redesign and rebrand of the Club Lounge that existed in the space pre-COVID. The Chase Sapphire Preferred’s benefit package helps it snag top spots on many lists of the best credit cards across publications. These cards are cheaper than “premium” cards with annual fees in the $500-$700 range, but $95 is still a. The Chase Sapphire Preferred® Card is a solid pick for cardholders who want valuable travel benefits without a high annual fee. The Chase Sapphire Reserve’s bonus is worth $900 when redeemed for travel through Chase Ultimate Rewards, whereas the Chase Sapphire Preferred’s bonus is worth $750 when redeemed for travel through Ultimate Rewards. Pros 3x points on restaurants. The Chase Sapphire Preferred® Card is a popular travel rewards card – and for good reason. Rewards Rate. If Chase Sapphire has been your main card for a year, it's probably worth paying the fee from one more year for the goodies. locations and for a statement credit toward. New cardholders can earn 60,000 points after spending $4,000 on purchases within three months. The Chase Sapphire Preferred® Card is one of the most recommended travel credit cards. Chase Sapphire Reserve®. It’s hard to argue against the Chase Sapphire Preferred® Card as the best travel rewards card for anyone taking their first peek behind the travel rewards. There's no question that the Amex Gold card comes with a number of benefits and bonus-earning categories that can offset the annual fee. To waive the monthly service fee at Bank of America, you’ll need at least one direct deposit per month of $250 or more. 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. And worst of all, Chase has finally removed Airbnb as an option. It's the lower tier of the Sapphire cards -- Chase also offers an elite version known as the Chase Sapphire Reserve. 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. Dream bigger with the Disney Premier Visa Card from Chase. Capital One Venture Rewards Credit Card. Like most travel cards, it’s not a great option for carrying a balance. Best card for someone who wants a big sign-up bonus: Chase Sapphire Preferred. Its premium sibling, the Chase Sapphire Reserve®, comes with better perks but a $550 annual fee. Chase Sapphire Banking. You’ll also get more value in the first year with the Chase Sapphire Preferred card, even if you travel just a few times a year. empty checkbox Compare the Chase Sapphire Reserve Credit Card. com, Hulu. 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. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives. The Chase Sapphire Preferred® Card may. 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 Reserve, your points are worth 1. Other reasons why Chase Sapphire Preferred wins include the fact that it. Using the Chase Sapphire Preferred card’s $50 hotel credit is easy. One of the most important factors is your credit score. Chase Sapphire Preferred. 5,000 more bonus points if you add an authorized user and they make a purchase in first 3 months. Maria Adams, Credit Cards Moderator. The Chase Sapphire Preferred Card earns 2x points instead of 3x points on travel when compared to the Chase Sapphire Reserve, doesn't come with a Priority Pass Select membership, offers weaker travel protections and only gets 1. 5 cents each toward travel bookings, while the Chase Sapphire Preferred and Ink Business Preferred Credit Card fetch 1. 3x points on travel booked via Chase Ultimate Rewards portal. But the Chase Sapphire Preferred® Card has a lower annual fee ($95) than its competitors and plenty of lucrative rewards. If you. And remember, the card's 60,000-point bonus is worth $1,200 in travel, per TPG valuations. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives you the opportunity to earn lots of bonus points on these purchases. Both cards also offer $10 per. The Chase Sapphire Preferred is best for award travel beginners who want an introduction into the world of points and miles. 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. The Chase Sapphire Preferred has better point transfer capabilities that could push the value you could get from the bonus ahead of the Citi Premier’s offer -- particularly if you redeem for. CSP is a Visa Signature which is a tier below Visa Infinite, which is what the Venture X is. Annual. Chase Sapphire Preferred Travel Benefits. Shelle Santana discusses how protagonists Pam Codispoti and Eileen Serra shifted their focus to retaining customers. 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. 5. 5 points per dollar on Peloton equipment and accessory purchases of $250 or more with a maximum earn of 25,000. The Venture Card, meanwhile, offers 75,000. The. THE POINTS GUY Let's start with a side-by-side comparison of the. » MORE: Best rewards credit cards To view rates and fees of the American Express® Gold Card , see this page . 7 cents each, so to me, that’s a return of either 3. Yes, Chase Sapphire Reserve is worth its $550 annual fee if you spend at least $4,000 in the first 3 months and qualify for the card's initial bonus of 60,000 points. Welcome bonus: 60,000 points after you spend $4,000 on purchases in the first three months from account opening. How to upgrade from Chase Sapphire Preferred to Reserve. The Sapphire Preferred® has a annual fee compared to the higher annual fee with the American Express Gold card ( ). 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. 5% cash back on all spending, which you can convert to 1. 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. Chase Sapphire Reserve: Best for frequent travelers. Annual fee: The Chase Sapphire Preferred® Card charges a $95 annual fee. Earn 2% on select card purchases and 1% on all other card purchases. Chase Sapphire Reserve® is the winner over the Citi Prestige® Card . Let’s refer back to our earlier spending scenario. card_name: 66,200 Amex Membership Rewards points. Earn 5x Ultimate Rewards points on: travel purchased through Chase Ultimate Rewards (except hotels eligible for the $50 hotel credit). Earning Rewards With both cards, you. Both cards also offer plenty of premium perks aside from their rewards, and the benefits on the Chase Sapphire Reserve card add up to a greater. The new version of the lounge has snazzy. Chase Sapphire Preferred Card. But now, thanks to a refresh of the Chase Sapphire Preferred® Card and an annual fee increase for the Chase Sapphire Reserve® (it jumped from $450 to $550 in 2020), the Chase Sapphire Preferred. Who shouldn't get the Sapphire Preferred? While many travelers should apply for the Chase Sapphire Preferred Card, certain types of travelers shouldn't go for the card. Points are worth. The Ink Business Preferred card offers new cardholders 100,000 bonus points for spending $8,000 in the first three months with the card. The Chase Sapphire Preferred is a huge winner in this category due to its exceptional welcome offer. 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. Chase Ultimate Rewards ® are. com or ESPNPlus. Bankrate Score. A: Yes. Chase. Chase Sapphire Preferred comes with a variable annual percentage rate (APR) ranging from 21. Sapphire Reserve: Rewards and bonuses. 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. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. Chase Freedom Flex: Best for earning 5% cash back (or 5 points per dollar) up to a quarterly maximum;. So if you spent $25,000, you'd earn an additional 2,500. To get you started, new cardmembers can earn 60,000 bonus points after spending. NOT A DEPOSIT OR OTHER OBLIGATION OF, OR GUARANTEED BY, JPMORGAN CHASE BANK, N. Runner-up: American Express® Gold Card. Work out your way — from HIIT rides to walks and hikes to strength training, and more:. Their portal is better than Chase but still annoying to use, decent for a couple domestic flights. , both Chase and Wells Fargo are popular options. Based on TPG's valuations, that's worth $1,200. 25 cents per point in value. 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). 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. 7 Things to Know Before Getting the Chase Sapphire Preferred. Then Chase did the unthinkable: They leveled up to a record-setting 100,000-point bonus in June 2021. com. There is a limited-time increased welcome offer available on the Chase Sapphire Preferred® Card, offering up to 90,000 points after spending $6,000 in the first six months of card membership. That means if you were to enroll on the very last day of this promotion, you would receive DashPass benefits through the end of 2025. If you choose to use points and your Chase Sapphire Preferred credit card to pay for your purchase, each point will be worth $. 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 ). Read Also On My Blog: Credit Card Inventory Update 2023: My Strategy For. 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. And, its $95 annual fee is a fraction of the premium travel card's. Image Credit: Chase. 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). New cardholders can earn 60,000 points after spending $4,000 on purchases within three months. Overall, the 60,000 points are worth much more than $200, though you do have to spend a bit more to earn the bigger bonus. 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). These include 5x miles on travel purchased through the Chase Ultimate. You can redeem your Ultimate Rewards point totals for travel-related purchases. The Chase Sapphire Reserve® is one of the most well-known premium credit cards on the market. Its initial bonus is 60,000 points. The Chase Sapphire Preferred® Card’s increased bonus is scheduled to expire by 9:00AM ET on 5/25/2023. Chase Freedom Flex℠*: Best for flexible. If you have the Chase Sapphire Preferred® Card, your points are worth 1. Both are solid choices, but the Chase Sapphire Preferred boasts higher point values and travel. But this offer. Both cards have a variable APR between 18. 60,000 Ultimate Rewards points after you spend $4,000 within three months. There are plenty of quality credit cards competing with the Chase Sapphire Reserve credit card. 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. Also, the Venture X comes with cell phone insurance. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). Citi® Double Cash Card: Best for flat-rate cash back. 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. Chase Sapphire Preferred vs. Best at Citibank: Citigold® by. With the Freedom Flex, you earn $200 after spending $500 on. 5 cents per point through the travel portal while the Chase Sapphire Preferred and Chase Ink Business Preferred cards each get 1. Bio; Latest Posts;Sometimes, you’ll find that the standard welcome offer on the Sapphire Preferred is excellent. 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 Reserve ® Eligible charities through December 31, 2023: 1. Chase Sapphire Reserve: 60,000 bonus points for spending $4,000 in the first. It has an impressive list of benefits, including a $300 travel credit, complimentary lounge access and one of the most. First, visit the Ultimate Rewards travel portal and log into your Chase account. 31, 2024, or for a minimum of 12 months, depending on your activation date. However, with the Chase Sapphire Reserve, you’re able to redeem your points at 1. In my opinion this is the most well. One of the biggest differences between the two Sapphire cards off the bat is the annual fee. Additionally, it offers flexible point redemption options, no foreign. In the fall of 2020, Chase launched an 80,000-point bonus on the card for several months – at the time, its biggest welcome offer ever. 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. That's $750 when you redeem through Chase Ultimate Rewards®. Then, select your Chase Sapphire Preferred card. These cards offer great benefits for travel, dining and everyday purchases. CarlosACJ • 5 mo. While the Chase Sapphire Reserve costs $550 annually, it’s fairly easy to get $300 of that back with everyday travel purchases throughout the year. You can book some of the fanciest Park Hyatt properties in the entire portfolio,. But an annual fee should not be the end. Deciding between two rewards. 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). The Chase Sapphire Reserve® came with a $450 annual fee ($550 as of 2020) and debuted with a. 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. com. 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. When you account for the card’s various perks, including the welcome bonus, 10 percent. Other Benefits and Drawbacks: One of the most affordable premium cards on the market, the Venture X comes with many benefits, such as a yearly 10,000-mile anniversary bonus, a. In this article, we pit the Chase Sapphire Reserve® vs. Chase Sapphire Preferred® Card. Southwest® Rapid Rewards® Performance Business Credit Card. Amex EveryDay Preferred (EDP): They have the same $95 annual fees. Once a creative solution during the worst of the pandemic, your points will no longer go as far using Pay Yourself Back. These cards offer great benefits for travel, dining and everyday purchases. The card. Best for overall flexible travel rewards: Chase Sapphire Preferred® Card. Winner: Chase Freedom Flex. 2. Chase Sapphire Preferred gives you a great deal early on, offering 60,000 bonus points – worth $750 in travel redeemed through Chase – for spending $4,000 within 3 months of account opening. And as further proof of the fact that the Chase Sapphire Preferred® Card isn’t an entry-level model is the fact that a full 10% of users obtained a credit limit over $20,000. Chase Sapphire Preferred 2023: Sapphire Shines a Bit Brighter. Although you don’t get lounge access, you can enjoy these travel benefits: 25% redemption bonus when booking travel through Chase. Annual Fees. Remember that points with the Chase Sapphire Reserve® can be worth 1. Rewards Program Agreement. 10% bonus points of your total purchases made the previous year, every account anniversary. Chase Sapphire Preferred vs. Microsoft Dynamics 365 Business Central: Best overall alternative to SAP. Using the Chase Travel Portal. Chase has kicked off 2023 with some big, bad changes to the Pay Yourself Back benefit for both Sapphire Preferred and Sapphire Reserve cardholders. The Chase Freedom Unlimited offers cardholders an opportunity to earn unlimited matched cash back at the end of your first year. locations and for a statement credit toward. 49% to 29. The Priority offers 7,500 bonus points each cardmember anniversary year, a $75 annual Southwest. Most Prestigious Credit Cards in 2023 Chase Sapphire Preferred® Card. The Sapphire Preferred Card has a minimum $5,000 credit line. Chase Sapphire Lounge by the Club. Why We Like It: The Chase Sapphire Preferred® Card is one of the best metal credit cards for bonus travel rewards. Amex Platinum Card — Uber Cash. That. A. You earn 2x Ultimate Rewards points on travel and dining. The Chase Sapphire Preferred is offering a welcome bonus of 60,000 Ultimate Rewards points upon completing minimum spending. If you’ve applied for 5+ credit cards in the last 24 months, you will not be approved. Although you don’t get lounge access, you can enjoy these travel benefits: 25% redemption bonus when booking travel through Chase. The Chase Sapphire Preferred charges a variable APR of 21. Our quick take: The Chase Sapphire Preferred® Card is an ideal choice for people just. S. Chase Sapphire Reserve®. after you spend $4,000 on purchases in the first 3 months from account opening. 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. by total assets, the 2 institutions couldn’t have a more opposite approach to credit card portfolios. Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. Frequent travelers will also get a lot of value out of Chase Sapphire Reserve because it comes with a $300 annual travel credit. For starters, the Sapphire Reserve still has an edge over Amex regarding the $300 annual travel credit. Your points are worth 25% more when you booking award travel instead of cash or gift card rewards. To get you started, new cardmembers can earn 60,000 bonus points after spending. For example, 50,000 points would be worth $625 in travel. With its striking metal design and a reputation for offering some of the most generous travel perks in the industry, it’s no wonder that this card has captured the attention of travelers and points enthusiasts alike. We transferred points to my corresponding individual airline and hotel partner accounts and tracked how long it took for them to show up. Other Benefits and Drawbacks: One of the most affordable premium cards on the market, the Venture X comes with many benefits, such as a yearly 10,000-mile anniversary bonus, a. 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. You. United℠ Explorer Card. Dollar Equivalent: $1,380 (60,000 Chase Ultimate Rewards Points * 0. SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS. Additionally, this product is open to the general public and doesn’t require an invitation. Meanwhile, the Chase Sapphire Preferred can redeem points at a rate of 1. 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. U. It’s hard to argue against the Chase Sapphire Preferred® Card as the best travel rewards card for anyone taking their first peek behind the travel rewards. To join (and avoid the $25 monthly account fee), you will need to maintain a minimum $75,000 account balance. In turn, its 60,000-point bonus is worth $750 in travel. See moreThe Best Alternatives to Chase Sapphire Reserve. Rewards winner. The Chase Sapphire Preferred® Card also comes with a decent amount of perks and partner benefits, and it’s not hard to justify paying the $95 annual fee: Up to $50 in annual hotel credits for bookings through the Chase Ultimate Rewards® portal. Approval Factors for Chase Sapphire Preferred. Best for Uber credits: American Express® Gold Card. Welcome offers. 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℠. For savings. Apply Now Learn more. It all starts with a sign-up bonus of. Travel Through Chase Ultimate Rewards: When you use points to redeem for cash, each point is worth $. The Citi Premier® Card is also a midlevel travel card with a $95 annual fee. In addition to lounge access, some of the top benefits for the Sapphire Reserve include: $300 annual travel credit. To see how Chase Ultimate Rewards stack up against the competition, we researched each program's transfer partners. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives you the opportunity to earn lots of bonus points on these purchases. The Southwest Priority card has a $149 annual fee—about $50 more than the Southwest Premier card. Sure, it’s an entire point “per” lower, but it’s a $95 annual fee card versus a $250 annual fee card. Enjoy benefits such as 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining, and 2x on all other travel purchases, and $50 annual Ultimate Rewards Hotel Credit, plus more. QT9: Best for life science companies. Annual fee. It offers numerous benefits that can easily justify its $95 annual fee. When you redeem Chase Ultimate Reward points for travel, they will be worth 25% more than if you. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card. It's not the only fee you need to worry about with the Chase Sapphire Reserve® Card, either. S. Best at Chase: Chase Premier Plus Checking℠. New. Winner: Chase Sapphire Preferred® Card. It's the lower tier of the Sapphire cards -- Chase also offers an elite version known as the Chase Sapphire Reserve. Each point you redeem for travel booked through Chase Ultimate Rewards is worth $. Activate by July 31, 2024. Redeem toward most anything Disney at most Disney U. Deciding between two rewards credit cards often is just a matter of comparing the rewards you'll. As NerdWallet explained: “I have the Chase Sapphire Preferred, and virtually nothing gives me more pleasure when I pay and the cashier notices how gorgeous that card is. Based on TPG's valuations, this equals a 4% return on spending. Competitors like American Express and Citi bank launched premium credit cards after the launch of Chase sapphire reserve by launching the credit card in a premium segment which offered similar rewards and point. Bank Cash+® Visa. com or ESPNPlus. Credit Cards. The Chase Sapphire Reserve earns 3x points on travel purchases. TPG values Ultimate Rewards points at an even 2 cents each, making this bonus worth $1,200. The Sapphire Reserve's most natural competitors are another card. Bottom Line Chase Sapphire Preferred is one of the best credit cards for. 31, 2024, to take advantage of this perk. We recommend having a FICO score of. Once you get the hang of it, the lineup of transfer partners available with the Chase Sapphire Preferred is stellar. Chase Sapphire Lounge by the Club. 3. Chase Sapphire Preferred cardholders can call 1-888-320-9961 while in the U. The. The best Visa Signature card can be a matter of opinion. 25 cents per point through the Ultimate Rewards travel portal. Without the initial bonus, you’ll need to spend. Both Chase and Amex offer several different redemption opportunities for their points. The Platinum Card® from American Express.