By using that promotion along with my Chase Sapphire Preferred $15 per quarter statement credit and the Rakuten cash-back portal, my total order would up being closer to $10. Fees and APR. With so many travel credit cards to choose from, it’s tough competition. 01 (one cent), which means that 100 points equals $1 in redemption value. Only 22% of reviewers fell into the $3,000 to $5,000 range of the graph, while nearly a third of respondents reported receiving a credit limit of $10,000 or above. 1. The Sapphire Reserve increased its annual fee by $100 from $450 to $550 in. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. Your points are worth 25% more when you booking award travel instead of cash or gift card rewards. Chase Sapphire Reserve. Maria Adams, Credit Cards Moderator. Chase Freedom Flex℠*: Best for flexible. However, we value Chase points at 2 cents per point, making 100,000. 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 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 Sapphire Preferred has a $95 annual fee, while the Sapphire Reserve has a $550 annual fee, but I subtract $300 from that, due to the value of the travel credit. 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 nearly 12,000-square-foot lounge is a redesign and rebrand of the Club Lounge that existed in the space pre-COVID. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives. You also need to be under Chase’s 5/24 rule. The Capital One Venture Rewards Credit Card Rewards has a cash advance rate of $10 or 3% of the amount, whichever is greater. Each account anniversary, cardmembers will receive bonus points equaling 10% of total purchases that year. Best at Citibank: Citigold® by. That's $750 when you redeem. You can redeem your Ultimate Rewards point totals for travel-related purchases. 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 Reserve® is the winner over the Citi Prestige® Card . 49%. U. That’s worth up to $1,000 in travel. Chase Sapphire Preferred. 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. Rewards Rate. 1-2. 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. As a matter of fact, they can be. 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. 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. Winner: Tie. The insurance benefits with the Venture X are better than those of the CSP. Chase is offering 60,000 bonus points for new cardmembers who spend $4,000 on purchases in the first three months from account opening. 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. Best for premium Uber. It provides many opportunities to redeem points for valuable rewards that go far beyond those that simpler, fixed-value cards can provide. Best credit cards for groceries. There is a 0% introductory APR. While competitors exist, the Sapphire Preferred is the clear winner by having the best transfer partners, insurance, and eco-system for generating points. The Chase Sapphire Preferred is offering a welcome bonus of 60,000 Ultimate Rewards points upon completing minimum spending. Select which purchases you’d like to redeem points. Capital One SavorOne Cash Rewards Credit Card: Best for Nights out with no annual fee. 60,000 Ultimate. 25 cents each when redeemed for travel through the Ultimate Rewards portal, your 60,000-point bonus is worth up to $750. Even though stays have to be booked through the Ultimate Rewards travel portal, the portal itself is super easy to use. Chase Sapphire Reserve is a better credit card overall because its points are more valuable. Chase Sapphire Preferred comes with a variable annual percentage rate (APR) ranging from 21. At $95 per year, the card offers strong travel protections usually. Chase has kicked off 2023 with some big, bad changes to the Pay Yourself Back benefit for both Sapphire Preferred and Sapphire Reserve cardholders. 5. First, visit the Ultimate Rewards travel portal and log into your Chase account. That’s a solid bonus with a reasonable spending requirement. The Chase Sapphire Reserve earns 3x points on travel purchases. Work out your way — from HIIT rides to walks and hikes to strength training, and more: Get 5x total points on Peloton equipment and accessory purchases over $150 with a max earn of 25,000 points. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. Points are worth. The balance transfer APR is also the same, and there is no introductory APR for either card. Citi® Double Cash Card: Best for flat-rate cash back. 5% cash back on every purchase and 5% cash back on hotels and rental. 31, 2023). Capital One Venture vs. 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. For years, the Chase Sapphire Reserve® has been the gold standard credit card in the points and miles world – and for good reason. Interest. 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. Card Weight: 17 grams. Updated: November 14, 2023. When applying for the Chase Sapphire Preferred credit card, you’ll need good to excellent credit. Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. Although a credit score of 700 or above is typical for successful applicants, even college students with limited credit history and. 40,000 bonus points after spending $3,000 in first 3 months. Ink Business Preferred Credit Card: Best for small business owners. You can earn 100,000 Chase Ultimate Rewards points for opening a Chase Sapphire Preferred Card and spending $4,000 in 3 months. 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. Earn 5x Ultimate Rewards points on: travel purchased through Chase Ultimate Rewards (except hotels eligible for the $50 hotel credit). Based on TPG's valuations, that's worth $1,200. Welcome Bonus. Metal Factor: Measuring up to its peers, the Savor. Chase. Assuming that you have at least 30 transactions per month, EDP's earning rate is 4. The Chase Sapphire Preferred is a great choice for international travel, too, since it waives foreign transaction fees that usually amount to two or three percent of each transaction. 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. Intro APR: None. Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. 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. If not, go with the Chase Sapphire Preferred® Card. 7). 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. 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. 25 cents per point through the Ultimate Rewards travel portal. Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts. 25 cents per point, making them slightly less valuable when redeeming via the Chase Portal. Chase Sapphire Preferred. Last month, Doctor of Credit flagged a notice buried in cardholder's statements indicating the bank's. But this offer is only available in physical Chase Bank branch locations. The Chase Sapphire Reserve stands as one of the best travel credit cards. 99% variable (see rates and fees ). Among the top cards in this category are the Chase Sapphire Preferred Card and the Capital One Venture Rewards Credit Card. For many, the decision comes down to this simple cost. Sapphire Preferred’s closest competitor—and our pick for the Best Travel Card—is the Capital One Venture Rewards Credit Card. And, its $95 annual fee is a fraction of the premium travel card's. The Chase Sapphire Preferred card sounds attractive with its $95 annual fee (as opposed to the Reserve card’s $550 annual fee). Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. To compare two very different welcome bonuses, we considered the relative return on investment of each. While that’s less than some premium travel cards charge, including the higher-end Chase Sapphire Reserve®, you. So, is the Chase Sapphire Preferred Card worth the $95 annual fee? It most often is. Both. Rewards and benefits. Earn 5% cash back on first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Its collection of travel and purchase protections, statement. 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. by total assets, the 2 institutions couldn’t have a more opposite approach to credit card portfolios. Rewards winner. 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. card_name: 66,200 Amex Membership Rewards points. or call collect at 1-804-673-1691 while outside of the US to file claims. With the Freedom Flex, you earn $200 after spending $500 on. 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 may. You. Best for Uber: The Capital One SavorOne Rewards Card. One of the biggest differences between the two Sapphire cards off the bat is the annual fee. Chase Sapphire Preferred Travel Benefits. But the Chase Sapphire Preferred® Card has a lower annual fee ($95) than its competitors and plenty of lucrative rewards. Annual fee: $395. 31, 2024, to take advantage of this perk. Lyft rides through March 2025. Bio; Latest Posts;Sometimes, you’ll find that the standard welcome offer on the Sapphire Preferred is excellent. 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. With the Chase Sapphire Preferred® Card and the Ink Business Preferred® Credit Card, each point is worth 1. Blue Cash Preferred® Card from American Express: Best for Entertaining at home. If you're. If you love the CSR for its travel perks, you'll still be able to earn 2x points on travel and 3x on dining spending with the Chase Sapphire Preferred, which only carries a $95 annual fee and doesn't charge foreign transaction fees. Then Chase did the unthinkable: They leveled up to a record-setting 100,000-point bonus in June 2021. S. Luxury Card trio. 25 cents apiece, which means that these remaining points are worth more than $1,000 toward travel. (7,829 cardmember reviews) Sign in to apply faster Apply as a guest * Offer Details †. 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 Sapphire Preferred® Card isn’t a credit card for everyone — you’ll need to have good to excellent credit to have a chance at getting approved. When you account for the card’s various perks, including the welcome bonus, 10 percent. 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. For those who don’t travel as often though. 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. As noted in our full guide to Bilt Rewards, you also can redeem points for exercise classes, items from the Bilt Collection, discounts on rent and even put them toward a downpayment on a home. The Chase Sapphire Preferred doesn’t offer 5X on “all” airfare like Amex Platinum, but again, it’s a $95 a. 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 ). Chase Sapphire Preferred Card: Best for beginners. 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. Additionally, it offers flexible point redemption options, no foreign. So, if you have 100,000 points, they are worth $1,250 when redeemed. 49%, and the Reserve starts at 22. Opt for pick-up. 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. Best at Chase for travelers: Chase Sapphire℠ Banking. It's the lower tier of the Sapphire cards -- Chase also offers an elite version known as the Chase Sapphire Reserve. Most Prestigious Credit. 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. If Sapphire Reserve is the gold medalist, then the Chase Sapphire Preferred® Card deserves a close silver in the travel rewards card competition. 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. 25 cents each within the Chase Ultimate Rewards® portal. Approval Factors for Chase Sapphire Preferred. And if you’re already a loyal Sapphire Preferred. It has a generous sign-up bonus and you can earn points on. Chase Sapphire Preferred Card. 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. Let's look at how these two cards stack up in a head-to-head comparison. 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. 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. Runner-up: American Express® Gold Card. The Chase Sapphire lounge at HKG opened in October 2022, making it the first Sapphire lounge to open. 60,000 Ultimate Rewards points after you spend $4,000 within three months. 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. With the Chase Freedom Flex, you can earn $200 cash back after spending $500 in the first 3 months. The Chase Sapphire Preferred Card weighs 13 grams and is made out of a proprietary mix of metal. Chase Sapphire Reserve: Best for frequent travelers. Chase Sapphire Lounge by the Club. 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 briefly offered a sign-up bonus of 100,000 points in June. com. @m_adams. The Chase Sapphire Preferred is a top-tier credit card for frequent flyers, offering valuable rewards, flexible redemption options, and travel perks. 7 cents each, so to me, that’s a return of either 3. The Venture Card, meanwhile, offers 75,000. Cons. There are still good reasons to use the Chase Ultimate Rewards portal, and the Chase Sapphire Preferred’s up to $50 annual. Chase Sapphire Banking benefits. Chase Sapphire Preferred Card. 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. And remember, the card's 60,000-point bonus is worth $1,200 in travel, per TPG valuations. Both cards do have features and benefits that help to justify or offset the annual fees though. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). Also, the Venture X comes with cell phone insurance. The Chase Sapphire Preferred's 60,000-point bonus can be worth up to. You will earn 3x Ultimate Rewards® points on dining (one of the best credit cards for restaurants and dining ). 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). Feature. The Southwest Priority card has a $149 annual fee—about $50 more than the Southwest Premier card. With the Sapphire Preferred, your Chase points are worth 1. 2 days ago · Many of its competitors use a “hub-and-spoke” system, which filters a. In reality, there are only two close direct competitors in terms of annual fee, and that’s the Capital One Venture (not the more premium Venture X) and the Citi. 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. THE POINTS GUY Let's start with a side-by-side comparison of the. These cards are cheaper than “premium” cards with annual fees in the $500-$700 range, but $95 is still a. The Chase Sapphire Preferred is currently offering a welcome bonus of 60,000 Ultimate Rewards points after spending $4,000 within three months. Chase Sapphire Reserve® Credit Card. A lower annual fee (and no charge for authorized users) The Capital One Venture X Rewards Credit Card's annual fee is $395, significantly lower than the Chase Sapphire Reserve®'s $550. 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. Getty Images Travel credit cards are a specialized type of credit card that earn points or miles you can. In my opinion this is the most well. The Chase Sapphire Preferred® Card is a solid pick for cardholders who want valuable travel benefits without a high annual fee. 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 Sapphire Preferred does have an up to a $50 credit for hotel stays booked through the Chase Ultimate Rewards portal. The Venture X has a $395 annual fee ( rates & fees) while the. Using the Chase Sapphire Preferred card’s $50 hotel credit is easy. Remember that Chase Sapphire Preferred cardholders will receive up to a 25% bonus, while Chase Sapphire Reserve cardholders receive up to a 50% bonus. Although JPMorgan Chase and Bank of America are the 2 largest banks in the U. Our quick take: The Chase Sapphire Preferred® Card is an ideal choice for people just. Best at Chase: Chase Premier Plus Checking℠. Several other cards weigh in at 17g, including The Platinum Card® from American Express and the Capital One Venture X Rewards Credit Card. Both cards also offer $10 per. The Chase Sapphire Preferred offers one of the best sign-up bonuses available right now. 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. 25 cents each if you have a Chase Sapphire Preferred® Card or 1. Chase Sapphire Preferred had a metal core sandwiched between two pieces of plastic, While a standard plastic card generally cost $1 to produce, this card cost the team felt that the satisfying thunk" it made as a consumed put it down for payment was an important quality signal Remarked Walker, "When I look at my P&L, that's a pretty big cost of. 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. Plus, its 5X points on travel purchased through the Chase portal, 3X points on. Then, select your Chase Sapphire Preferred card. 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®. Both cards also offer roadside assistance, but the Chase Sapphire. The bottom line. Best at Citibank: Citigold® by. * That's $750 toward travel when redeemed through Chase Ultimate Rewards ®. The caps are higher with the benefits from Visa Infinite. Chase Freedom Flex: Best for earning 5% cash back (or 5 points per dollar) up to a quarterly maximum;. Chase Sapphire Preferred Benefits. The Chase Sapphire Preferred® Card’s increased bonus is scheduled to expire by 9:00AM ET on 5/25/2023. The Chase Sapphire Reserve®, a premium travel credit card, also comes with airport lounge access, an up to $300 annual travel credit and an up to $100 credit for Global Entry, TSA Precheck or. Credit Cards. The $95 annual fee for the Chase Sapphire Preferred and the $95 annual fee ( rates & fees) for Capital One Venture Rewards can reduce your earning potential with either card. With the Chase Sapphire Reserve, your points are worth 1. 4. Apply Now Learn more. That effectively brings the fee down to $250. The question is, how do you choose the right card?. The card. 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. 49% - 28. 25 cents. Sapphire Preferred vs. At an absolute minimum, 60K Ultimate Rewards points can be redeemed for $750 worth of travel through the Chase Travel Portal. By Claire Tsosie. 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. Annual $50 hotel credit. 5 cents each if you have a Chase Sapphire. Best card for someone who wants a big sign-up bonus: Chase Sapphire Preferred. Foreign transaction fees: None Points transfer: 1:1 points transfer for Chase's hotel and. We recommend having a FICO score of. Personally, my anniversary bonus is worth 1,523 (worth about $19 including the +25%). The Priority offers 7,500 bonus points each cardmember anniversary year, a $75 annual Southwest. Their portal is better than Chase but still annoying to use,. 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. 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. 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. It's not the only fee you need to worry about with the Chase Sapphire Reserve® Card, either. Neither card offers an. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. S. It has the same 1:1 transfer partners as the Chase Sapphire Reserve® and a similarly robust sign-up bonus: Earn. The Chase Sapphire Preferred® Card has many of the same credit card travel insurance benefits as the Chase Sapphire Reserve®. The Chase Sapphire Preferred® Card isn’t a credit card for everyone — you’ll need to have good to excellent credit to have a chance at getting approved. It also has CDs with low minimum opening deposits. The Chase Sapphire Preferred® Card is frequently considered the best first travel credit card, thanks to its generous rewards and reasonable $95 annual fee. Winner: Chase Sapphire Preferred® Card. “I have three cards from Chase: Freedom, Amazon, Southwest, with a total. Here’s a list of the rates and fees you should be aware of before applying for the Chase Sapphire Reserve: Annual fee: $550. 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. The credit card company finally opened its first Sapphire Lounge over in Hong. The Chase Sapphire Preferred offers cardholders up to $50 in annual Ultimate Rewards Hotel Credit and up to $10 in monthly Gopuff credit (through Dec. This is thanks to a 25 percent points boost for. Daily Newsletter. S. Which cards are better than the Chase Sapphire Reserve now that the annual fee and perks have changed? Here are some other alternatives to. The Chase card is one of our top-ranked travel cards, setting the standard for rewards and benefits. You won't be able to find it online. com, Hulu. Yes, big recent news that the bonus is being increased to a potential of 90k. Maintain $1,500 minimum balance. For example, 50,000 points would be worth $625 in travel. It. Maintain $5,000 average daily balance in all Chase accounts and linked investment accounts. The Chase Sapphire Preferred® Card is a popular travel rewards card – and for good reason. They did it again in the spring of 2021, bringing back an 80,000-point offer on the Preferred Card. 31, 2025. SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS. The Citi Premier® Card is also a midlevel travel card with a $95 annual fee. This product is available to you if you do not have any Sapphire card and have not received a new cardmember bonus for any Sapphire card in the past 48 months. 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. So, is the Chase Sapphire Preferred Card worth the $95 annual fee? It most often is. 2x points on dining and travel purchases. The Chase Sapphire Preferred Card is a fantastic option for diving deeper into travel rewards. 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. For casual and heavy travelers alike, the Chase Sapphire Preferred is a better all-around package. Its initial bonus is 60,000 points. com, Hulu. Chase Sapphire Preferred Chase Sapphire Reserve; Annual fee: $95: $550: Earning rates: 5 points per dollar on travel purchased through the Ultimate Rewards portal. Chase Sapphire Preferred® credit card. 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. Earn 60,000 bonus points. The biggest difference between these credit cards is the annual fee, which goes from $95 for the Chase Sapphire Preferred to $250 for the American Express Gold. after you spend $4,000 on purchases in the first 3 months from account opening. 5 cents each when redeemed for travel through Chase Ultimate Rewards®. It has an annual fee of $550, but includes an annual up to $300 travel credit to help essentially cover some of the cost. In 2016, Chase cannonballed into the premium credit card market with an offer many found irresistible. When Sapphire. The Chase Sapphire Preferred also has a 1:1 point transfer rate to Chase’s travel partners. Sapphire is our premier credit card for travel and dining. The Chase Sapphire Preferred earns 2x points on travel purchases. Chase Sapphire Preferred Travel Benefits. If you. The Platinum Card® from American Express. It all starts with a sign-up bonus of. If you like to travel, the Chase Sapphire Preferred is probably the best overall. 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. Winner: Chase Sapphire Reserve. 10% bonus points of your total purchases made the previous year, every account anniversary. , both Chase and Wells Fargo are popular options. Deciding between two rewards credit cards often is just a matter of comparing the rewards you'll. The Sapphire Reserve has a higher annual fee of $550 compared to the Preferred's $95. Annual fee: The Chase Sapphire Preferred® Card charges a $95 annual fee. Trip cancellation and interruption insurance up to $10,000 per person ($20,000. Best for Uber credits: American Express® Gold Card. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). To compare two very different welcome bonuses, we considered the relative return on investment of each. The Preferred card also gives you 60,000 Ultimate Rewards points after you spend $4,000 in purchases within the first three months. 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. You'll earn 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. 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. As a premium (read: annual fee-charging) travel card, Chase Sapphire Preferred has two advantages over the Chase Freedom in this respect: a 25% redemption bonus when you redeem your rewards for. Here’s why the $95 annual fee is worth it: Chase Sapphire Preferred® Card. So, $95 - $50 -. locations and for a statement credit toward. Chase Sapphire Lounge by the Club. There are plenty of quality credit cards competing with the Chase Sapphire Reserve credit card. Dollar Equivalent: $1,380 (60,000 Chase Ultimate Rewards Points * 0. 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. 1:1 point transfers to Chase travel partners including major airlines and hotels. However, with the Chase Sapphire Reserve, you’re able to redeem your points at 1. Once a creative solution during the worst of the pandemic, your points will no longer go as far using Pay Yourself Back. Chase Sapphire Preferred vs. Offer ends Mar. Both cards also offer $10 per. Earn 60,000 bonus points after you spend $4,000 on purchases in the first three months from. 1. We recommend having a FICO score of. Point transfers take a little extra work, but transferring your points could increase how much they. The Chase Sapphire Reserve annual fee is $550 per year. The Chase Sapphire Preferred earns unlimited: 5x points on travel purchased through Chase Ultimate Rewards® (excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit). It provides many opportunities to redeem points for valuable rewards that go far beyond those that simpler, fixed-value cards can provide. Best Alternatives to the Chase Sapphire Preferred Card: Best for International Travel: Citi Premier® Card Best for Lounge Access: Capital One Venture Rewards Credit Card Best for Everyday Spending: Chase Freedom Unlimited® Best for Renters: Bilt Mastercard® 🎉NEW! Unlimited Cash-Back Match Offer🎉 Chase Freedom Unlimited® Apply Now The Best Alternatives to Chase Sapphire Reserve. The Chase Sapphire Reserve comes with a. To see how Chase Ultimate Rewards stack up against the competition, we researched each program's transfer partners. The J. [ jump to details ] Arguably one of the most valuable travel credit cards thanks to a combination of ancillary benefits, the Chase Sapphire Preferred® Card. You can use your Ultimate Rewards to book flights through the Chase Travel portal. Each point in your Chase Sapphire Preferred® Card account or Ink Business Preferred® Credit Card account is worth 25% more when used this way. 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. These cards are cheaper than “premium” cards with annual fees in the $500-$700 range, but $95 is still a. 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. Earning the Chase Sapphire Preferred’s welcome bonus was much faster and easier than most other credit cards. S. Both cards also offer roadside assistance, but the Chase Sapphire Preferred card charges $69. It's the lower tier of the Sapphire cards -- Chase also offers an elite version known as the Chase Sapphire Reserve. 49% to 28. The bottom line: Citi® makes it easier to waive monthly service fees on its standard checking account than Chase or Bank of America. Amex EveryDay Preferred (EDP): They have the same $95 annual fees. Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. The Chase Sapphire Preferred ® card is one of the best travel rewards cards on the market. 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. Using the Chase Travel Portal. Its closest competition within the Chase credit card lineup is the Chase Sapphire Preferred ® Card. 5 cents per point: Groceries through September 30, 2023; Gas through September 30, 2023; Annual membership fees through September 30, 2023; 1. S. 49% to 28. 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. It offers bonus rewards for travel and dining, with options for redeeming points at an outsized 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 Preferred® Card comes with a reasonable $95 annual fee, and new cardholders can earn 60,000 points worth $750 in travel redeemed through Chase Ultimate Rewards when they spend. Based on the hypothetical annual spending above, here’s the verdict: card_name: 51,300 Chase Ultimate Rewards points per year. As mentioned earlier, the Chase Sapphire Preferred® Card has an annual fee of $95. Amex Platinum Card — Uber Cash. 7 Things to Know Before Getting the Chase Sapphire Preferred.