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The Chase Sapphire Preferred Card is possibly one of the most popular credit cards for those just starting to dip their toes in travel rewards. And rightly so. Sapphire Preferred offers low annual fees, bonus categories, flexible redemption options and many more.
And yet, there are several other reasons you probably didn’t know to consider Sapphire Preferred, including a historic sign-up bonus that was just announced for new card holders. Let’s look at six benefits of the Chase Sapphire to see why this card might be worth a place in your wallet.
Use your points to take a vacation at the Grand Hyatt Baha Mar in the Bahamas.
Chase Sapphire Preferred is currently offering 100,000 Bonus Points After spending $4,000 in purchases in the first three months after account opening. This is by far the highest sign-up bonus we’ve seen on Sapphire Preferred, and it’s also the highest sign-up bonus of any individual Chase Ultimate Rewards credit card right now.
You can do a lot with those points. For example, you can redeem 100,000 points for a five-night stay at the luxurious Grand Hyatt Baha Mar in the Bahamas. Or, if you prefer to use your points for air travel, 100,000 points could get you a round-trip ticket to Europe on United once international travel resumes, and you still have Points will be left.
The best part is that if you hesitate to travel any time soon, the points earned with Sapphire Preferred never expire, as long as you keep a Chase Ultimate Rewards credit card open – even That’s one of the cards that doesn’t charge an annual fee. So you can always save your points for a badly needed vacation down the road.
Click here to apply for Preferred Chase Sapphire with a Record-High 100,000-Point Bonus.
If you’re not traveling again yet, you can still use the points from this card for many other purchases you’ll be making at home right now, and at a great redemption rate, too.
Now as of September 30, 2021, Chase Sapphire Preferred card holders receive 1.25 cents per point when they redeem points via the card’s “Pay Yourself Back” tool. The tool allows you to use points to pay for purchases you make at grocery stores, dining establishments (including delivery and takeout orders) and home improvement stores.
You’ll also get 1.25 cents per point when you redeem them for travel through Chase’s travel portal. This means that whether you redeem your Sapphire Preferred points for travel or one of the “pay yourself back” categories, the 100,000 points you earn from the sign-up bonus are worth at least $1,250.
One of the best aspects of Chase Sapphire Preferred is getting the ability to transfer your points to any of the 13 airline and hotel loyalty programs that partner with Chase Ultimate Rewards.
Sapphire Points Transfer All of these programs are prioritized on a 1-to-1 ratio, meaning that for every 1,000 points you transfer, you’ll get 1,000 points or miles in the airline or hotel program.
While transferring points and using a partner program takes some time and research, you can potentially get more value for your points by booking luxury travel such as a first or business class flight, or a resort stay in a foreign destination. allows to do.
Now, if you prefer simplicity when booking your itineraries, you may prefer to redeem your points directly through Chase’s travel portal and get 1.25 cents. Although it’s worth less than what you could potentially get by transferring points to partners, for many, it’s an easy way to use up your points.
But if you’re willing to strategize a little and be flexible, you can create some pretty amazing itineraries just by transferring points to the partner program.
Start earning points for flying first class with the Chase Sapphire Preferred.
Chase Sapphire Preferred earns 2 points for every dollar you spend on food and travel, and 1 point per dollar on all other purchases. With travel resuming more widely and restaurant restrictions already lifted in many regions, earning twice as many points in these two categories is very useful. Also, many food delivery services are also counted as “meals” on the CSP.
And the Chase Sapphire Preferred has another limited-time advantage. Now through December 31, 2021, Sapphire Preferred card holders get up to $60 in statement credits on Peloton Digital and All-Access memberships. Simply make your Sapphire Preferred the default payment method in your Peloton profile and you’ll see credits appear a few days after your subscription fee is charged.
Combine points from your favorite Chase Sapphire with other Chase Ultimate Rewards credit cards.
The Chase Sapphire Preferred is one of several credit cards that are part of the Chase Ultimate Rewards points program, and if you have more than one of these cards, you can pool the points from all of them into a larger pot of points.
For example, the Chase Freedom Flex is advertised as a cash back credit card, but the cash back it provides is actually issued in points. So even though Freedom Flex is designed to earn 5% cash back on a set of bonus categories that rotate each quarter, it technically earns 5 points per dollar in those categories.
related: Chase Freedom Flex vs Chase Freedom Unlimited: Which Credit Card Is Best for You?
Now, if you only have Freedom Flex, you can get a maximum of 1 percent for your points (that way 5 points is equal to 5% cash back). But with Chase Sapphire Preferred, you can transfer your points from Freedom Flex to Sapphire Preferred and redeem them for travel or at a higher rate of 1.25 cents per point with the “Pay Yourself Back” tool.
You can transfer your pooled points to any of Chase’s airline and hotel partners, but only if you have a Chase Sapphire Preferred or other premium Chase credit card that charges an annual fee. This is a great distinguishing feature for a card that only charges $95 per year.
You might not be traveling right now, but when you’re ready to hit the road again, a credit card with strong travel benefits will come in handy. Fortunately, Chase Sapphire Preferred offers a number of ways to not only save money but also to protect you in the event of an unfortunate trip delay or cancellation.
When you use Sapphire Preferred to pay for your trip, you’ll have baked-in trip cancellation insurance, baggage delay insurance, and primary auto rental insurance, and you won’t pay any foreign transaction fees. But by far our favorite benefit is the protection against travel delays.
related: Having a credit card with travel insurance can save you thousands on your next vacation.
Thanks to travel delay coverage on CSP, if your flight is delayed by 12 or more hours or requires an overnight stay, you get reasonable out-of-pocket expenses for each family member booked on the reservation. Up to $500 can be reimbursed in . Reasonable expenses include accommodation, food, transportation, and other necessary fees.
Even better, you’re covered, even if you pay for only a portion of your flight with your Chase Sapphire Preferred. That means if you’re using airline miles to book a rewards ticket, as long as you pay taxes and fees on that prize with your Sapphire Preferred, you’re still eligible for full trip delay protection coverage. are eligible.
Relax when you’re traveling by getting the Chase Sapphire Preferred.
Even putting the 100,000-point sign-up bonus offer aside, Sapphire Preferred is a top contender when it comes to travel credit cards, thanks to its bonus categories, valuable transfer partners, travel benefits and points. Thank you for the unique opportunity to pay yourself back together. . And if you’re not traveling now, once the opportunity for future travel shows up, you’ll be ready with a top-notch travel credit card in your wallet and points to burn.
So if you are thinking of getting a Chase Sapphire Preferred, then this is the right time to grab one and get the best of 100,000 bonus points apart from all the great benefits of this classic travel credit card.
Apply Now for the Chase Sapphire Preferred Credit Card with a 100,000-Point Bonus.
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