Chase Sapphire Preferred Card Review
The Chase Sapphire Preferred is my number one recommendation as far as beginner cards. No matter if you’re just getting into this game or a points guru you should definitely at least consider this card. It’s got a nice long list of benefits, a nice sign up bonus and $0 Annual Fee the first year. It has beginner friendly written all over it but with some kick ass perks.
Chase Sapphire Reserve vs Preferred
First of all, if you are considering the Preferred card you will also want to look at the Chase Sapphire Reserve card. You are not allowed to have both cards anymore, which really sucks.
Now you’ve got to decide which one makes more sense to you so if you’re looking for more premium benefits such as free access to the priority past lounges, TSA / Global Entry then the Chase Sapphire Reserve might make more sense for you.
The Reserve will have a much higher annual fee then the Chase Sapphire Preferred. $450 (with a $300 travel credit, so really only $150) vs $0 first year for the Preferred and $95 per year after.
Both cards have a 50,000 point sign up bonus (currently and don’t expect either to change).
The Scoop on Chase Sapphire Preferred
I just wanted to walk through some of the other benefits of this card. It’s been around for about five years or so now and it’s won all sorts of awards. After all the years it’s still one of the most popular and best cards out there.
Some dope benefits:
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases
- Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
- No blackout dates or travel restrictions
- Trip Cancellation & Luggage Delay Reimbursement
You know the 50,000 point signup bonus is the main attraction here but there is some other cool perks for a $0 annual fee card (first year).
It’s what draws most people in and is the most valuable benefit, and when you book inside the system essentially you get 25 percent more points so these 50,000 points act 62,500 points.
In my opinion the second most valuable benefit outside of that 50,000 points bonuses being able to transfer these points to some frequent traveler programs and they’ve got really amazing ones like United, Hyatt, Singapore Airlines, British Airways, and so much more.
Transferring to the Chase Partners is often the best way to maximize your mileage. There is so much value here and most people don’t even understand how to do this.
So Many Benefits
There really is a lot to offer on this card for a $0 fee for the first year and only 95 after that.
I highly recommend watching the video where I walk through the backend of the Chase Ultimate Rewards system so you can see access to some of the other amazing perks such as redemption for cash, gift cards, amazon and more.
Redeeming for travel will always give you the most return on your points but those are nice options to have for some people.
Really the only question mark is if you should have this or not in my opinion is if you think a Chase Sapphire Preserve or Reserve card makes more sense for you.
The Chase Sapphire Preferred card is incredible & a fantastic beginner card. It doesn’t require a high annual fee, or a crazy high minimum spend to get that signup bonus. You can also get away with having a low credit score if that’s a concern for you.
Chase points are my personal favorite and unbeatably some of the best travel reward points out there.
Chase Sapphire Preferred® Card
With great travel benefits, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game.
More Things to Know About CHASE SAPPHIRE PREFERRED® CARD
<li>Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®</li>
<li>2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.</li>
<li>Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening</li>
<li>No foreign transaction fees</li>
<li>1:1 point transfer to leading airline and hotel loyalty programs</li>
<li>Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel</li>
<li>No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards</li>