Without the initial bonus, you’ll need to spend. It. The Chase Sapphire Preferred's 60,000-point bonus can be worth up to. Like most travel cards, it’s not a great option for carrying a balance. Once you get the hang of it, the lineup of transfer partners available with the Chase Sapphire Preferred is stellar. Annual Fee: $550. Annual fee: The Chase Sapphire Preferred® Card charges a $95 annual fee. In my opinion this is the most well. Chase briefly offered a sign-up bonus of 100,000 points in June. Chase Sapphire Reserve 's $550 annual fee is higher than the average annual fee among new credit card offers right now. The Chase Sapphire Preferred also comes with two huge advantages that make it stand out from the competition — and well worth the $95 annual fee. Personally, my anniversary bonus is worth 1,523 (worth about $19 including the +25%). Southwest® Rapid Rewards® Performance Business Credit Card. So, $95 - $50 -. S. we actually think they are not direct competitors. 850 Good - Excellent If you like to eat out or order in, Chase Sapphire Preferred® is a great pick with tons of meal-related and travel perks for you to enjoy. The Chase Sapphire Preferred® Card’s current welcome bonus is 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. Amex Platinum Card — Uber Cash. empty checkbox Compare the Chase Sapphire Reserve Credit Card. Additionally, cardholders. Welcome offer. The Premier slightly outperforms the Preferred on everyday spending categories, with 3x Citi ThankYou Points per dollar at supermarkets, gas stations and restaurants, and hotels. 24%, tied to the Prime Rate and set. † Pricing & Terms. Chase Sapphire Preferred® Card review: The best travel rewards card for less than $100?. . The Southwest Priority card has a $149 annual fee—about $50 more than the Southwest Premier card. Select which purchases you’d like to redeem points. In this article, we pit the Chase Sapphire Reserve® vs. Chase Sapphire Preferred Card. See moreThe Best Alternatives to Chase Sapphire Reserve. 49%. 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℠. The Chase Sapphire Reserve credit card was one of the hottest product launches in 2016, enthusiastically received by millennial consumers, a group that had previously eluded JPMorgan Chase and its competitors. Other reasons why Chase Sapphire Preferred wins include the fact that it. You also need to be under Chase’s 5/24 rule. The 60,000 points new account bonus is also worth a minimum of $600 ($750 booking travel through Chase), which covers the annual fee for many years. S. But an annual fee should not be the end. 25 cents. Chase Sapphire Preferred vs. Both cards do have features and benefits that help to justify or offset the annual fees though. 5 points per dollar on Lyft through March 2025. If the Ultimate Rewards points were redeemed for travel via the Chase travel portal, the value would be $270 (1. The. 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. 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. As a matter of fact, they can be. I value Ultimate Rewards points at 1. Beyond that, Hyatt award rates can be incredibly low compared to some competitors. With the Sapphire Preferred, your Chase points are worth 1. 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 Preferred’s current welcome bonus is: 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. The Sapphire Reserve's most natural competitors are another card. Earning Points: See your Card Rewards Program Agreement (PDF) for more details. Chase Sapphire Reserve: Best for frequent travelers. In addition to lounge access, some of the top benefits for the Sapphire Reserve include: $300 annual travel credit. S. Most Prestigious Credit Cards in 2023 Chase Sapphire Preferred® Card. 5 points per dollar on Peloton equipment and accessory purchases of $250 or more with a maximum earn of 25,000. 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 Chase Sapphire Preferred earns 60,000 points when you spend $4,000 in the first three months of account opening, compared to 60,000 points after spending $6,000 within the first six months. The Chase Sapphire Preferred’s welcome bonus, on the other hand, is worth $750 when you book travel through the Chase Ultimate Rewards portal. All its competitors took note and eventually the rewards and benefits of other cards had to match that of the Sapphire Reserve. It all starts with a sign-up bonus of. Last month, Doctor of Credit flagged a notice buried in cardholder's statements indicating the bank's. The lounge is also accessible for passengers departing from the East Hall via shuttle or a 10- to 15-minute walk. There’s only a $95 annual fee, yet the card has. This annual benefit. Amex EveryDay Preferred (EDP): They have the same $95 annual fees. With the Chase Sapphire Preferred® Card and the Ink Business Preferred® Credit Card, each point is worth 1. Cons. 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. The Capital One Venture and the Chase Sapphire Preferred are two popular rewards credit cards that offer a variety of benefits to cardholders. ago. Best card for someone who wants a big sign-up bonus: Chase Sapphire Preferred. Chase Sapphire Preferred. That noted, there are plenty of. First, visit the Ultimate Rewards travel portal and log into your Chase account. To see how Chase Ultimate Rewards stack up against the competition, we researched each program's transfer partners. Sapphire Preferred vs. United Quest℠ Card. The Chase Freedom Unlimited offers cardholders an opportunity to earn unlimited matched cash back at the end of your first year. Best at Chase for travelers: Chase Sapphire℠ Banking. The Chase Sapphire Reserve® has a much higher annual fee — $550,. These bonus points may even be enough to earn a free domestic round-trip flight. The Chase Sapphire Preferred® Card has many of the same credit card travel insurance benefits as the Chase Sapphire Reserve®. Rewards and benefits. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. We recommend having a FICO score of. The nearly 12,000-square-foot lounge is a redesign and rebrand of the Club Lounge that existed in the space pre-COVID. 1-1. According to Chase, that would equate to a. Sapphire Preferred’s closest competitor—and our pick for the Best Travel Card—is the Capital One Venture Rewards Credit Card. 25 cents when redeemed for travel booked through Chase's online portal, operated by. One of the most important factors is your credit score. The Chase Sapphire Preferred® Card comes with a bonus of 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. That's $750 when you redeem. 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. Trip cancellation and interruption insurance up to $10,000 per person ($20,000. Each point you redeem for travel booked through Chase Ultimate Rewards is worth $. When you redeem Chase Ultimate Reward points for travel, they will be worth 25% more than if you. Amex Gold welcome offer. If you can bring in $75,000 in new assets, have a Chase Sapphire Preferred Card or a Chase Sapphire Reserve and have an offer code, you can earn 60,000 points when you sign up for a Chase Sapphire Banking account. Chase Sapphire Lounge by the Club. If you want a mid-tier card with a lower annual fee: The Chase Sapphire Preferred Card is a good choice for earning Chase Ultimate Rewards points but with a lower annual fee of $95. 1-3. The competition is stiffer, but the Reserve still edges out the Preferred (as it should). The Citi Premier® Card is also a midlevel travel card with a $95 annual fee. Annual fee: $395. Chase Sapphire Preferred is one of the best travel credit cards on the market, and it offers big value upfront with an initial bonus of 60,000 points for spending $4,000 in the first 3 months. The Chase Sapphire Preferred® Card is our best overall travel credit card for vacation rentals due to its reasonable $95 annual fee, generous earning rates and flexible rewards. However, with the Chase Sapphire Reserve, you’re able to redeem your points at 1. 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. Although you don’t get lounge access, you can enjoy these travel benefits: 25% redemption bonus when booking travel through Chase. The Capital One Venture Rewards Credit Card Rewards has a cash advance rate of $10 or 3% of the amount, whichever is greater. In 2016, Chase cannonballed into the premium credit card market with an offer many found irresistible. That effectively brings the fee down to $250. Chase offers a 60,000-point bonus – worth up to $750 in travel when redeemed with Chase – if you spend $4,000 in the first three. Runner-up: American Express® Gold Card. Offer ends Mar. New cardholders of the. 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. Chase Sapphire Preferred Card. 25 cents per point in value. This is because the former offers a 50 percent points boost when points are redeemed in this manner, while the. New cardholders can earn 60,000 points after spending $4,000 on purchases within three months. American Express® Business Gold Card: 70,000 Membership Rewards® points after spending $10,000 on eligible purchases within the first 3 months of opening an account. When redeemed for travel through the Ultimate Rewards portal, each point earned by the Chase Sapphire Preferred® Card is worth 1. The Chase Sapphire Preferred® Card is one of the most popular travel rewards credit card on the market. . 5. Through March 2025, the Chase Sapphire Reserve offers 10x points on Lyft rides — a great return on spending — while the Sapphire Preferred Card offers 5x points. Chase Sapphire. Earn 60,000 bonus points. OR ANY OF ITS AFFILIATES. Remember that points with the Chase Sapphire Reserve® can be worth 1. Maria Adams, Credit Cards Moderator. Winner: Blue Cash Preferred® Card from American Express. The Chase card is one of our top-ranked travel cards, setting the standard for rewards and benefits. You can redeem your Ultimate Rewards point totals for travel-related purchases. 1:1 point transfers to Chase travel partners including major airlines and hotels. 49% while the APR on the Venture Rewards is 19. Chase Sapphire Reserve. A “good” FICO Score ranges from 670 to 739, a “very good” score is 740 to 799 and an. The Chase Sapphire Preferred® Card is one of the most recommended travel credit cards. Luxury Card trio. If you choose to use points and your Chase Sapphire Preferred credit card to pay for your purchase, each point will be worth $. 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. Rates and Fees. 5,000 more bonus points if you add an authorized user and they make a purchase in first 3 months. Chase Sapphire Reserve. To get you started, new cardmembers can earn 60,000 bonus points after spending. And t hat's where the Chase Sapphire. Best credit cards for groceries. 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. Earning Rewards With both cards, you. Best at Citibank: Citigold® by. Then, select your Chase Sapphire Preferred card. Best low-fee card for Lyft: Chase Sapphire Preferred® Card. For savings. Remember that Chase Sapphire Preferred cardholders will receive up to a 25% bonus, while Chase Sapphire Reserve cardholders receive up to a 50% bonus. If you book travel through the Chase Ultimate Rewards travel portal, you'll earn 5 points per dollar spent, equivalent to a 10%. The Chase Sapphire Reserve comes with a. 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. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). Winner: Chase Freedom Flex. The card earns 1. 3. Dream bigger with the Disney Premier Visa Card from Chase. When comparing the Chase Freedom Unlimited vs Chase Sapphire Preferred, don’t forget to consider the 0% intro APR. There is a 0% introductory APR. The Chase Sapphire Preferred also starts you off with 60,000 bonus points worth $750 in travel booked through Chase Ultimate Rewards after spending $4,000 on purchases within three months of. The Best SAP Competitors of 2023. 5. Earning Rewards. 4. Although you don’t get lounge access, you can enjoy these travel benefits: 25% redemption bonus when booking travel through Chase. 1-2. Maintain $5,000 average daily balance in all Chase accounts and linked investment accounts. Using the Chase Sapphire Preferred card’s $50 hotel credit is easy. U. Chase Sapphire Reserve: 60,000 bonus points for spending $4,000 in the first. The Chase Sapphire Preferred ® card is one of the best travel rewards cards on the market. The Chase Sapphire Preferred now earns 3X on dining, which is a formidable opponent of the Amex Gold at 4X on dining. 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. 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®. 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. 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. Meanwhile, the Chase Sapphire Preferred can redeem points at a rate of 1. The card is currently offering a sign-up bonus of 60,000 Ultimate Rewards points after you spend $4,000 on purchases in the first three months from. The Chase Sapphire Reserve’s annual fee is slightly lower at $550. Reward your inbox with the TPG Daily newsletter. 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). 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. The Chase Sapphire Preferred® Card is a popular travel rewards card – and for good reason. Points are worth. With Chase Sapphire Preferred, you receive 60,000 bonus points but must spend a minimum of $4,000 in purchases within your first three months of having the card. At a minimum, you could turn 100,000 points into $1,000 in cash-back, or $1,250 in travel purchases thanks to the 25% bonus through the Chase travel portal. Updated: November 14, 2023. Image Credit: Chase. 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 ® card is one of the best travel rewards cards on the market. Its premium sibling, the Chase Sapphire Reserve®, comes with better perks but a $550 annual fee. 5 cents each when redeemed for travel through Chase Ultimate 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. Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. Chase Sapphire Preferred - Refer-A-Friend - Chase. The card. Today, the publicly-available offer is: 60,000 bonus points after spending $4,000 on purchases in. The Chase Sapphire Preferred offers a compelling sign-up bonus for first-time applicants. 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 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. sans “X”, is. These include 5x miles on travel purchased through the Chase Ultimate. If not, go with the Chase Sapphire Preferred® Card. Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend. 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. While the Chase Sapphire Reserve comes with a $550 annual fee, the Citi Prestige charges its own high fee at $495. Additionally, it offers flexible point redemption options, no foreign. Chase Sapphire Reserve is a better credit card overall because its points are more valuable. That's $750 when you redeem through Chase Ultimate Rewards®. To compare two very different welcome bonuses, we considered the relative return on investment of each. 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. Earn 2% on select card purchases and 1% on all other card purchases. United℠ Explorer Card. For example, if you have 10,000 points on your Chase Freedom Flex, 30,000 points on your Ink Business Cash and 60,000 points on your Chase Sapphire Preferred, you can pool all your points onto. The best Visa Signature card can be a matter of opinion. The insurance benefits with the Venture X are better than those of the CSP. The Chase Sapphire Reserve earns 3x points on travel purchases. Both are solid choices, but the Chase Sapphire Preferred boasts higher point values and travel. Both cards also offer $10 per. You can earn 100,000 Chase Ultimate Rewards points for opening a Chase Sapphire Preferred Card and spending $4,000 in 3 months. You should avoid using your hotel credit at brands where you hold status. The Platinum Card’s $695 annual fee is exceptionally high -- even for a premium travel card. How to upgrade from Chase Sapphire Preferred to Reserve. Here are areas where the cards beat the competition, with the maximum coverage amount by category. For casual and heavy travelers alike, the Chase Sapphire Preferred is a better all-around package. The Chase Sapphire Preferred and the Citi Premier have a lot in common: With sizable welcome bonuses, good returns on spending, transferable points, and manageable annual fees, they’re both excellent. Compared to many cards in similar rewards categories, this annual fee can quickly pay itself off if you can make use of the benefits. The Ink Business Preferred card offers new cardholders 100,000 bonus points for spending $8,000 in the first three months with the card. Based on TPG's valuations, this equals a 4% return on spending. 5% cash back on every purchase and 5% cash back on hotels and rental. 60,000 Ultimate Rewards points will get you a minimum of $750 toward travel, though in reality you can get much more value than that with Chase’s transfer partners. 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. Hopefully, this list gives you an idea of some competing credit cards that could better suit your travel needs. Not only does the card offer 3X points on restaurants. Sapphire Preferred highlights include: The card currently offers a 60,000-point sign-up bonus — worth a minimum of $750 toward paid travel. 7 Things to Know Before Getting the Chase Sapphire Preferred. com, Hulu. Card Weight: 17 grams. Maintain $1,500 minimum balance. com or ESPNPlus. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card now offer the complimentary DashPass benefit through Dec. With the Chase Sapphire Reserve, your points are worth 1. 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. Even though stays have to be booked through the Ultimate Rewards travel portal, the portal itself is super easy to use. The Chase Sapphire Preferred is currently offering a welcome bonus of 60,000 Ultimate Rewards points after spending $4,000 within three months. Dollar Equivalent: $1,380 (60,000 Chase Ultimate Rewards Points * 0. That’s worth up to $1,000 in travel. Opt for pick-up. The Chase Sapphire Preferred® gives a $50 hotel credit when you book through the Chase Travel Portal vs the Chase Sapphire Reserve® which gets a broader $300 travel credit that is valid on travel purchases outside the Chase travel portal. The Capital One Venture Rewards Credit Card is the winner over the Chase Sapphire Preferred® Card . To join (and avoid the $25 monthly account fee), you will need to maintain a minimum $75,000 account balance. 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. Sure, it’s an entire point “per” lower, but it’s a $95 annual fee card versus a $250 annual fee card. Best for Trip. While the Chase Sapphire preferred lets cardholders earn 80,000 bonus points after spending $4,000 on purchases within three months of account opening, the Amex Gold Card offers that same 60,000. 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. Unlike many other competitors, SoFi offers access to member benefits such as career services and access to credentialed financial advisors -- all for free. 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. or call collect at 1-804-673-1691 while outside of the US to file claims. Using it cuts the annual fee down to only $45. 3x points on travel and dining: With Chase Sapphire Reserve, you can earn 3x points on all dining and travel purchases after the first $300. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card now offer the complimentary DashPass benefit through Dec. The Amazon Secured Card is a no-annual-fee credit card—but cardholders are required to maintain an active Amazon Prime membership in order to earn rewards, which can cost as much as $139 per. 49% to 28. While that’s less than some premium travel cards charge, including the higher-end Chase Sapphire Reserve®, you. Earn 2% on select card purchases and 1% on all other card purchases. Why We Like It: The Chase Sapphire Preferred® Card is one of the best metal credit cards for bonus travel rewards. Chase Sapphire Preferred vs. The Chase Ink Business Cash credit card includes the ability to: Earn a sign-up bonus after you spend a minimum amount on purchases within the first three months of opening the card. com. Best for premium Uber. The Chase Sapphire Preferred® Card welcomes new cardholders with bonus Ultimate Rewards points after spending a moderate amount in the first three months. Bottom Line Chase Sapphire Preferred is one of the best credit cards for. The Chase Sapphire Preferred charges a variable APR of 21. You earn 2x Ultimate Rewards points on travel and dining. 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. Both offer up to $50,000 in. For the rest of us, the heaviest cards in this review are the Luxury Card trio (22g). 25 cents per point when booking through the Chase Travel portal (instead of 1. The Preferred ranges from 21. [ jump to details ] Arguably one of the most valuable travel credit cards thanks to a combination of ancillary benefits, the Chase Sapphire Preferred® Card. Both cards charge a $95 annual fee and waive foreign. 31, 2024, or for a minimum of 12 months, depending on your activation date. 25 cents apiece, which means that these remaining points are worth more than $1,000 toward travel. Cardholders can redeem points at 1. 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. The Chase Sapphire Reserve annual fee is $550 per year. While competitors exist, the Sapphire Preferred is the clear winner by having the best transfer partners, insurance, and eco-system for generating points. Chase has plans for a Chase Sapphire Lounge by The Club in nine locations ; facilities in Austin (a 'terrace,' not a lounge), Boston and Hong Kong are now open. Apply Now Learn more. And if you’re already a loyal Sapphire Preferred. 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®. Several other cards weigh in at 17g, including The Platinum Card® from American Express and the Capital One Venture X Rewards Credit Card. Chase Sapphire. The card offers a decent rewards rate on every purchase you make, though it also charges a modest annual fee. Best Alternatives to the Chase Sapphire Reserve Card. The Sapphire Reserve has a higher annual fee of $550 compared to the Preferred's $95. Best for overall flexible travel rewards: Chase Sapphire Preferred® Card. That’s worth up to $1,000 in travel. But this offer is only available in physical Chase Bank branch locations. There are some of the best perks. Which cards are better than the Chase Sapphire Reserve now that the annual fee and perks have changed? Here are some other alternatives to. Winner: Chase Sapphire Preferred® Card. Basically, many Chase credit cards, including this one, are subject to what’s known as the 5/24 Rule, which means you won’t be approved for a Chase Sapphire Preferred® Card if you’ve opened five or more credit card accounts within the last 24 months. First, you could book flights directly through the Ultimate Rewards travel portal. Approval Factors for Chase Sapphire Preferred. $50 Annual Ultimate Rewards Hotel Credit:. Annual Fee: $95. But an annual fee should not be the end. Both the Sapphire Reserve and Amex Platinum have a high annual fees: $550 and $695 respectively (see rates and fees). 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. Each point in your Chase Sapphire Preferred® Card account or Ink Business Preferred® Credit Card account is worth 25% more when used this way. The Chase Sapphire Preferred® Card is frequently considered the best first travel credit card, thanks to its generous rewards and reasonable $95 annual fee. Note that the Sapphire Preferred card is the little sibling of the $550-annual-fee premium Chase Sapphire Reserve® which may make the Preferred a more appealing card to apply for since the. Chase Sapphire Preferred Card: Best for beginners. When you account for the card’s various perks, including the welcome bonus, 10 percent. You can redeem both Membership Rewards and Ultimate Rewards for cash back plus a variety of. Winner: Chase Sapphire Reserve. Purchase protection adds additional peace of mind for purchases made with your card. Getty Images Travel credit cards are a specialized type of credit card that earn points or miles you can. Ink Business Preferred Credit Card: Best for small business owners. The Chase Sapphire Preferred® Card may. $550 annual fee †; $75 for each authorized user †. The Chase Sapphire Preferred is a huge winner in this category due to its exceptional welcome offer. The Chase Sapphire Preferred is a top-tier credit card for frequent flyers, offering valuable rewards, flexible redemption options, and travel perks. The Chase Sapphire Preferred® Card’s welcome offer is currently 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. The Chase Sapphire Preferred is designed for frequent and casual travelers. Welcome offers. The bottom line. If you were to downgrade the Chase Sapphire Preferred in Jan 2019 to a Chase Freedom card and apply for the Chase Sapphire Reserve, you would not qualify for the bonus due to the 48. The Chase Sapphire Preferred® Card has become a household name in the travel rewards world – and there’s good reason for that. 5 cents per point: Groceries through September 30, 2023; Gas through September 30, 2023; Annual membership fees through September 30, 2023; 1. Welcome Offer: $300 cash bonus after spending $3,000 on purchases within 3 months from account opening. The Sapphire Reserve has a higher annual fee of $550 compared to the Preferred's $95. Daily Newsletter. Best cards for earning Chase Ultimate Rewards. Your points are worth 25% more when you booking award travel instead of cash or gift card rewards. Capital One SavorOne Cash Rewards Credit Card: Best for Nights out with no annual fee. Among the other benefits coming into play as of August 16, 2021, the card will now offer a $50 annual credit on hotel stays purchased through Ultimate Rewards. With the Chase Sapphire Reserve, you would earn 131,000 Chase Ultimate Rewards points per year—24,000 points on regular purchases, 60,000 points on airfare, 18,000 points on dining, 9,000 points. Rewards Rate. Then Chase did the unthinkable: They leveled up to a record-setting 100,000-point bonus in June 2021. This fee may be worth.