•   
  •   
  •   

Travel5 Reasons Chase Sapphire Preferred Should Be Your First Card

22:45  10 april  2019
22:45  10 april  2019 Source:   thepointsguy.com

Deal Alert: Nonstop Flights to Caribbean From $169 Round-Trip

Deal Alert: Nonstop Flights to Caribbean From $169 Round-Trip Want to see the latest flight deals as soon as they’re published? Follow The Points Guy on Facebook and Twitter, and subscribe to text message alerts from our deals feed, @tpg_alerts. A

5 Reasons Chase Sapphire Preferred Should Be Your First Card . For almost four years, the Chase Sapphire Preferred offered a standard sign-up bonus of 50,000 Ultimate Rewards points after you spent ,000 in the first three months from account opening.

COMPARE HERE: Chase Sapphire Preferred – 60,000 points after ,000 spent within the first 3 months. Choosing the best travel rewards credit cards is a Since 2015, Chase Sapphire Preferred has offered a standard sign-up bonus of 50,000 Ultimate Rewards points after you spend ,000 in

5 Reasons Chase Sapphire Preferred Should Be Your First Card© Provided by Bankrate, LLC

MSN has partnered with The Points Guy for our coverage of credit card products. MSN and The Points Guy may receive a commission from card issuers.

Official application link: Chase Sapphire Preferred Card with a 60,000-point bonus.

Choosing the best travel credit card is a critical element in maximizing your points and miles, and a select few offer a wide array of perks that appeal to a variety of traveler profiles. Today I want to share my top five reasons why — if you don’t already have it — the Chase Sapphire Preferred Card should be the first one you get. And I’m not alone in thinking it’s great; readers chose the CSP as the Best Mid-Tier Card of the Year at the TPG Awards.

3 Cards Currently Offering Welcome Bonuses of 100,000 Points or More

3 Cards Currently Offering Welcome Bonuses of 100,000 Points or More Whether you’re new to the world of travel rewards or simply looking to top up one of your balances, credit card welcome bonuses are the fastest way to get you there. There’s nothing quite like the thrill of seeing a massive bonus post to your account and realizing how much of the world you’ll get to explore with it. If you’ve been thinking about adding a new card to your wallet, now is the perfect time. We’re currently seeing 100,000-point bonuses — and in some cases even more — on some of the best cards on the market. But don’t be fooled — not every 100,000-point offer is worth the same amount.

Official application link: Chase Sapphire Preferred Card with a 60,000-point bonus. Choosing the best travel credit card is a critical element in maximizing Today I want to share my top five reasons why — if you don’t already have it — the Chase Sapphire Preferred Card should be the first one you get.

Official application link: Chase Sapphire Preferred Card with a 60,000-point bonus. Choosing the best travel credit card is a critical element in maximizing Today I want to share my top five reasons why — if you don’t already have it — the Chase Sapphire Preferred Card should be the first one you get.

5 Reasons Chase Sapphire Preferred Should Be Your First Card© Provided by Bankrate, LLC (Photo by @isr4el via Twenty20)

1. 60,000 Points ($1,200 in Value) for Signing Up

Since 2015, the Sapphire Preferred Card has offered a standard sign-up bonus of 50,000 Ultimate Rewards points after you spend $4,000 in the first three months from account opening. However, this just changed; the card’s now offering a new, increased standard sign-up bonus of 60,000 Ultimate Rewards points after you spend $4,000 in the first three months. This is worth $1,200 based on TPG’s valuations, a $200 increase over the previous offer.

2. Generous 2x Travel and Dining Categories

On the surface, this feature of the Sapphire Preferred Card may not sound that special. Many cards offer category bonuses for travel purchases and dining, but the real appeal of these bonuses is how wide the definitions span.

The Best Credit Cards for Dining Rewards

The Best Credit Cards for Dining Rewards When it comes to bonus categories, one of the most popular ones among TPG readers is dining (travel, unsurprisingly, is another top pick). And if you’re spending a lot on dining, you’ll want to know which credit card will maximize your rewards when enjoying a night out. But it’s not as easy as just looking at the earning rate on a card and deciding that 3x on dining is better than 2x on dining. The value of the points or miles you’re earning is also an important part of the calculation, as it could mean that 2 points per dollar on one card is actually better than 3 points on another.

The Top 5 Reasons the Chase Sapphire Preferred ® Card Should Be In Your Wallet. There are plenty of cards to choose from — but here are the top 5 reasons we think the Chase Sapphire Preferred ® Card should be the first card you always pull out of your wallet.

The Chase Sapphire Preferred is one of the best known travel rewards cards. Featuring 2 points per dollar on all travel and dining purchases, it earns valuable Ultimate Rewards points that can be transferred to Further Reading: 5 Reasons Chase Sapphire Preferred Should Be Your First Card .

Here are some examples of real-life purchases that have earned me 2x Ultimate Rewards points per dollar spent:

  • A beer hall (that didn’t serve food)
  • Street parking
  • Uber
  • Quarterly dues for the yacht club to which I belong
  • A rental car
  • Tolls
  • Cupcake shop
  • Train transportation
  • City tours
  • Tram tickets
  • Parking at the airport (at a location that wasn’t classified as a travel expense when I previously used my Barclaycard Arrival Plus World Elite Mastercard there)

The delivery services such Seamless and Postmates also fall into these bonus categories, so if your hometown has these options, that gives you additional earning potential.

3. So Many Redemption Options

5 Reasons Chase Sapphire Preferred Should Be Your First Card© Provided by Bankrate, LLC Transfer points to Singapore Airlines to book a luxurious award flight.

There Are Two Key Ways to Redeem Ultimate Rewards Points

  1. Booking travel directly through the Chase travel portal where points are worth a flat 1.25 cents apiece. The big benefit of redeeming points this way for flights is that they typically do count toward elite status (but note that isn’t the case with hotel bookings).
  2. Transferring your points to one of Chase’s 13 travel partners. Typically you’ll get the most out of your points when you transfer them to these valuable partners, including United, Hyatt and Marriott.

When you transfer points to these partners, you’ll unlock terrific redemptions, such as the Park Hyatt Tokyo and Singapore Suites — and in some cases, TPG’s valuation of 2 cents apiece for Ultimate Rewards points can easily be eclipsed.

Chase Sapphire Preferred Now Offering a 60k Bonus; Annual Fee No Longer Waived First Year

Chase Sapphire Preferred Now Offering a 60k Bonus; Annual Fee No Longer Waived First Year In many award travelers’ eyes, the Chase Sapphire Preferred Card is the OG rewards card — the perfect first pick to get you started earning valuable transferable points. It offers a 2x earning rate on travel and dining, has some strong travel protections, and a sub-$100 annual fee that’s easy to justify. For years, the card’s offered the same standard public sign-up bonus: 50,000 Ultimate Rewards points after you spend $4,000 in the first 3 months, with the $95 annual fee waived for the first year.

Update: The Chase Sapphire Preferred Card has a new sign-up bonus of 60,000 points after ,000 spent within the first three month and the annual fee is no longer waived the first Here are my 5 reasons why the Chase Sapphire Preferred Card should be the first one you add to your wallet.

However, the Chase Sapphire Preferred ® Card earns 2X on very broadly defined travel and dining categories. This is great because these could be The main reason why I not only recommend the Chase Sapphire Preferred ® Card generally, but also to get this card first when you’re starting out in

4. The Travel Benefits

In addition to earning valuable rewards for making purchases while traveling, you can also take advantage of some fantastic benefits while on the road.

Top 5 Travel Benefits

  • Primary car rental insurance. This covers the entire loss, damage or theft of your car rental without reporting it to your insurance company, a benefit that can save you big time in the long term.
  • Lack of foreign transaction fees on the card. While these appear to be gradually on their way out, the Sapphire Preferred has always waived them, a benefit that’ll typically save you 2.7%-3% on every purchase abroad.
  • Trip delay insurance up to $500 per ticket. If your flight, train, or other common carrier is delayed more than 12 hours or you require an overnight stay as a result of a delay, you’re covered for unreimbursed expenses such as meals and lodging.
  • Trip cancellation/trip interruption insurance up to $10,000 per trip for pre-paid, nonrefundable travel expenses such as plane tickets, hotels or tours if your trip is cut short or interrupted by sickness, severe weather or other covered situations.
  • Baggage delay insurance of $100 per day for up to 5 days when your checked baggage is delayed by more than 6 hours for reimbursement of essential purchases like toiletries and clothing.

5. Chase’s 5/24 Rule

If you’re thinking about expanding your points and miles strategy to include opening and utilizing multiple credit cards, now’s a fantastic time to open the Sapphire Preferred Card. Card issuers have different application restrictions, and early in 2016, reports began to emerge of new and tighter rules when applying for any card that accrues Ultimate Rewards points. If you’ve opened five or more new credit cards in the past 24 months, it’s highly likely that your application for the Sapphire Preferred will be automatically declined. As a result, if you want to take advantage of the sign-up bonus and the other perks listed above, you should apply for this card sooner rather than later.

Chase Sapphire Preferred Now Offering a 60k Bonus; Annual Fee No Longer Waived First Year

Chase Sapphire Preferred Now Offering a 60k Bonus; Annual Fee No Longer Waived First Year In many award travelers’ eyes, the Chase Sapphire Preferred Card is the OG rewards card — the perfect first pick to get you started earning valuable transferable points. It offers a 2x earning rate on travel and dining, has some strong travel protections, and a sub-$100 annual fee that’s easy to justify. For years, the card’s offered the same standard public sign-up bonus: 50,000 Ultimate Rewards points after you spend $4,000 in the first 3 months, with the $95 annual fee waived for the first year.

This card should be rated the best card for travelers. Great perks on travel and dining. No international transaction fees. Earning Points Rewards Program Agreement: For more information about the Chase Sapphire Preferred rewards program, view the latest Rewards Program Agreement Opens in

Winner: Chase Sapphire Preferred . The card offers more favorable transfer partners and they aren’t limited to airlines, plus it has a better transfer ratio. 5 Reasons Chase Sapphire Preferred Should Be Your First Card . Who Should (and Who Shouldn’t) Get the Chase Sapphire Preferred ?

Bottom Line

Whenever I meet someone who wants to travel like I do, I immediately ask about a credit card strategy. I stopped traveling extensively for work a few years ago, yet I’m still able to rack up hundreds of thousands of points and miles every year. The Chase Sapphire Preferred Card plays a big role in this. It’s a terrific starter card as you’re getting a minimum of $750 in value if you use the sign-up bonus to book flights and hotels through the Chase Travel Portal. But, with the excellent Chase Ultimate Rewards transfer partners, it wouldn’t be difficult to get value of $1,200 or more from the sign-up bonus alone.

But the Sapphire Preferred is also a great product for experienced award travelers. So, if it isn’t currently in your wallet, definitely consider making it your next application. And once you get the card, make sure to check out “5 Things To Do When You Get the Chase Sapphire Preferred” and “5 Chase Sapphire Preferred Benefits You Might Not Know About

Official application link: Chase Sapphire Preferred Card with a 60,000-point bonus.

Read More

Sightseeing with travel rewards cards.
Three great ways to use these travel cards: 1. Earn rewards 2. Book a tour 3. Repeat.

—   Share news in the SOC. Networks

Topical videos:

usr: 3
This is interesting!