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If you’re just getting into the points and miles game, look no further, this is your starter card. The Chase Sapphire Preferred is a great card however you look at it, but even better if you just want to put your toe in the water. The annual fee is just $95, it earns great points ( Ultimate Rewards ) that can be transferred to a lot of partners, that in turn, can be used to fly in premium cabins, or stay in 5 star hotels. In addition to that, this offer is the best we’ve seen in a long time. The Chase Sapphire Preferred held a prime place in my wallet before I upgraded to the Reserve ( which carries a $450 annual fee), and I’m actually thinking of switching back.
What you need make sure of before you apply
- Credit score of, at min, 700+
- The ability to spend $4k in 3 months
- You haven’t opened more than 5 cards in the last 24 months
- You haven’t earned a sign up bonus on this card or another Sapphire card ( like the Reserve) in the last 24 months
What you get: 60k points after $4k, and 5k points after an AU makes a purchase
65k points is enough to fly from the US to Europe like this:
Singapore Airlines A350
Or like this on SAS business class
And that feature image? You could fly from Australia to Singapore in Singapore’s new Business class with 65k points. The possibilities are endless.
Interested…Go here
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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