CHASE SAPPHIRE PREFERRED CARD
IN-DEPTH REVIEW 2019

Everything you need to know about Chase Sapphire Preferred Card.

8.4

Overview

The Chase Sapphire credit card series represents one of the most highly recommended options, particularly for those looking for travel rewards. The Chase Sapphire Preferred Card has an outstanding introductory bonus that rewards 60,000 points for those who spend $4,000 within three months ($750 value towards travel).  
The card has a low annual fee under $100. Customers earn 2X points for every dollar used on travel and dining which they can redeem on flights, hotels, and car rentals through Chase or top booking sites like KAYAK, Orbitz, and Expedia. 

Chase Sapphire Preferred At-A-Glance 

Premium travel & dining rewards: Earn 2X points on travel and dining at restaurants. 

APR: 15.99%–25.99% variable APR. 

Annual fee: $95 

Credit requirements: Good to Excellent (690 and above) 

 

Who Is This Card Suitable For?

Do you already spend money on travel and dining? Then this card stands out as a must-have for you. Financial experts frequently recommend Chase Sapphire credit cards to earn the best rewards on flights, hotels, car rentals, and cruises. 

Those who have never had a Chase Sapphire credit card of any kind qualify for a large bonus of 60,000 points after spending $4000 within the first three months of activation. That equals $750 toward airfare, hotels, car rentals, and cruises which you can trade in for 25% more value through Chase Ultimate Rewards. 

Customers who have the Chase Freedom Card can combine points for even better rewards. The Chase Freedom cash back card rewards 5% cash back up to $1,500 per quarter in bonus categories and 1% on all other purchases. Although separate accounts, the Chase Freedom card is a form of the Chase Ultimate Rewards Program, meaning customers can transfer points to the Chase Sapphire Preferred Card. 


Features

New customers who have never had any Chase Sapphire cards before qualify for an outstanding 60,000 bonus points after spending $4,000 on purchases within the first three months of activation. After that, customers earn 2X points for all travel and dining at restaurants worldwide and 1 point for all other purchases. 

With the Chase Sapphire Preferred Card, customers can take the accumulated points and trade them in for vouchers on flights, hotels, car rentals, and cruises. The flexible redemption policy makes this an excellent credit card for its customers.  

Here’s how it works: Customers redeem the points they earn through Chase Ultimate Rewards for cash or gift cards at a value of 1 cent per point (not bad to begin). If you redeem travel through Chase, you also get a 20% discount, bumping the point value up to 1.25 cents. This works out to about 55,000 points equaling $687.50 toward travel. 

Chase’s travel portal convenient works with well-known booking sites like KAYAK, Orbitz, and Expedia. These comparison platforms search the open market for the best rates on flights, hotels, and car rentals. You can input your flight dates and then use your points to book. 

 

Perks of the Card

The Chase Sapphire Preferred Credit Card offers excellent perks if you’re looking for rewards on travel and dining. Customers earn 2x points for every dollar spent on travel and dining. Later, they can redeem those points on things like flights, hotel rooms, car rentals, and cruises. This credit card also does not charge any foreign transaction fees. 

Travelers with frequent flyer memberships especially benefit as Chase partners with a range of airlines and hotels. Customers can trade in loyalty points on a 1:1 basis. In some cases, you could get 5 cents’ worth in value for every point. Below, you can find Chase Sapphire partners: 

Airlines 
- Air France/KLM 
- Aer Lingus 
- British Airways 
- Iberia 
- JetBlue TrueBlue 
- Singapore KrisFlyer 
- Southwest 
- United 
- Virgin Atlantic 

Hotels 
- Hyatt 
- Marriott 
- InterContinental Hotels Group 
- Ritz-Carlton 

Many who have credit cards may not realize that their account covers things like flight insurance, travel insurance, lost luggage, and car rental insurance. You get all that and more with Chase Sapphire Preferred. In the event of a trip cancellation (if you get sick), Chase will cover all expenses, too. 

 

Customer Support

Chase has an easy-to-use website where customers can easily manage their accounts online. The online resource center contains a wealth of information regarding credit, lending, and other financial topics. You can read through articles or increase your financial literacy by watching videos. If you need assistance, Chase offers both US-based and international phone support available at  

USA Customer Service: 1-800-432-3117 
International: 1-302-594-8200 

Overall, Chase Sapphire preferred has received outstanding reviews. However, not everyone agrees, and some customers don’t see the value in the rewards offered by this card. Others have complained of issues when trying to dispute charges.  

 

Bottom Line

If you already spend money on travel and dining then you really should switch over to Chase Sapphire Preferred. Otherwise, you’ll miss out on the chance to earn points to redeem on future travel like flights, hotels, cruises, and car rentals. For a low annual fee of $95, you really do get your money’s worth with the Chase Sapphire Preferred Credit Card. 

PROS
  • 60,000 bonus points for new customers
  • 2x points on travel and dining
  • Range of hotel & airline partners
CONS
  • $95 annual fee
  • Not for big spenders
  • Best for travel, not cashback
BOTTOM LINE
A must-have for any traveler, Chase Sapphire Preferred credit card rewards 2X points for every dollar spent on travel and dining.
THE TOP 5
1

Capital One Venture Reward card

Visit Site »
2

Discover it Balance Transfer

Visit Site »
3

HSBC Gold Mastercard

Visit Site »
4

Amazon Business Prime

Visit Site »
5

Marriott Bonvoy Business

Visit Site »

Joe Schwartz

Credit Cards Editor

Our chief content editor, Joe manages a diverse team of content writers. He holds a degree in online communications and his writing has been featured in a wide range of online publications.