Additionally, it offers flexible point redemption options, no foreign. 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. 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. 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. Chase Sapphire Reserve is a better credit card overall because its points are more valuable. Overall, the 60,000 points are worth much more than $200, though you do have to spend a bit more to earn the bigger bonus. Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. Chase Sapphire Preferred® Card. The Chase Sapphire Reserve® is one of the most well-known premium credit cards on the market. Chase Sapphire Preferred comes with a variable annual percentage rate (APR) ranging from 21. These cards offer great benefits for travel, dining and everyday purchases. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. Compare that with the Chase Sapphire Preferred® Card, long considered the travel credit card that opened the gate for dozens of subsequent competitors in an increasingly crowded market vying for. 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. 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. 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. Chase Sapphire Reserve® points are even more valuable, worth 50% more when used for travel. Which cards are better than the Chase Sapphire Reserve now that the annual. 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. . All three cards require applicants to meet high income and/or spending standards for approval. 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. When you account for the card’s various perks, including the welcome bonus, 10 percent. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). At $95 per year, the card offers strong travel protections usually. Dream bigger with the Disney Premier Visa Card from Chase. Approval Factors for Chase Sapphire Preferred. 3X points with Reserve plus a $300 annual travel credit and 2X points with. 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. Remember that Chase Sapphire Preferred cardholders will receive up to a 25% bonus, while Chase Sapphire Reserve cardholders receive up to a 50% bonus. While the Chase Sapphire Reserve card has a fee that is significantly higher than the Amex Gold card at $550 compared to $250, it also comes with more usable benefits including worldwide lounge access and the $300 travel statement credit which more than make up for the annual fee difference. 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℠. No-annual-fee competitors also typically have lower rewards rates than the Preferred card and no yearly. I value Ultimate Rewards points at 1. Each point in your Chase Sapphire Preferred® Card account or Ink Business Preferred® Credit Card account is worth 25% more when used this way. 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. Best for Uber: The Capital One SavorOne Rewards Card. Rewards Rate. Chase Sapphire Reserve ® Eligible charities through December 31, 2023: 1. Cardholders earn 5 points per $1 on travel purchased through. 25 cents. Overall, the 60,000 points are worth much more than $200, though you do have to spend a bit more to earn the bigger bonus. If redeemed. You’ll also get more value in the first year with the Chase Sapphire Preferred card, even if you travel just a few times a year. The Citi Premier® Card, from our partner Citi, is Citi’s competition for the Chase Sapphire Preferred, with the same $95 annual fee and similar perks for spending. This card is one of the lighter metal credit cards by a few grams. The Chase Sapphire Preferred doesn’t offer 5X on “all” airfare like Amex Platinum, but again, it’s a $95 a. It offers strong value to consumers looking for a hefty welcome offer, flexible rewards and generous. Among the Citi credit cards lineup, the Citi Premier ® Card is a mid-tier travel card that offers plenty of ways to earn rewards. 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. 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. Maintain $5,000 average daily balance in all Chase accounts and linked investment accounts. 95 per service call, while the Chase Sapphire Reserve card offers 4 free service calls valued up to $50 each per year. You also need to be under Chase’s 5/24 rule. 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. com or ESPNPlus. 5 points per dollar on Lyft through March 2025. In addition to lounge access, some of the top benefits for the Sapphire Reserve include: $300 annual travel credit. Although a credit score of 700 or above is typical for successful applicants, even college students with limited credit history and. The Capital One Venture Rewards Credit Card is the winner over the Chase Sapphire Preferred® Card . Redeem toward most anything Disney at most Disney U. 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. The new World of Hyatt Business Credit Card from Chase offers entry-level elite status for the cardholder and up to five employees. Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend. The insurance benefits with the Venture X are better than those of the CSP. 3. 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. $50 Annual Ultimate Rewards Hotel Credit:. Earning the Chase Sapphire Preferred’s welcome bonus was much faster and easier than most other credit cards. Both cards charge a $95 annual fee and waive foreign. But an annual fee should not be the end. Sapphire Preferred offers an initial bonus worth $750 in travel through Chase, and it gives 5 points per $1 spent on travel purchased through Chase, 2 points per $1 on all other travel purchases, 3 points per $1 on dining and online grocery purchases, 3 points per $1 on select streaming services, and 1 point per $1 on all other purchases. 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. And if you’re already a loyal Sapphire Preferred. There are a few factors that Chase looks at before approving the Chase Sapphire Preferred® Card. “I have three cards from Chase: Freedom, Amazon, Southwest, with a total. The Chase Sapphire Reserve® has a much higher annual fee — $550,. Chase Sapphire Preferred Card. If you would otherwise put a significant amount in travel purchases on the card, then the. 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. The Chase Sapphire Preferred® Card and Chase Sapphire Reserve® are two of Chase’s top credit cards. 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. However, with the Chase Sapphire Reserve, you’re able to redeem your points at 1. The Chase Sapphire Preferred® Card has become a household name in the travel rewards world – and there’s good reason for that. The Chase Sapphire Preferred ® card is one of the best travel rewards cards on the market. 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. Chase Sapphire Reserve®: Best Premium Card; Chase Sapphire Preferred® Card: Best Travel Rewards for a Low Annual Fee; Chase Freedom Flex℠: Best for Multiple Bonus. With the Chase Freedom Flex, you can earn $200 cash back after spending $500 in the first 3 months. Sapphire Preferred’s closest competitor—and our pick for the Best Travel Card—is the Capital One Venture Rewards Credit Card. Just make sure you activate your subscription by December 31, 2024. If you’re focused on earning and redeeming rewards for travel, and you’d like to save on the costs of an annual fee, we think the Chase Sapphire Preferred® Card. ago. 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. 5% cash back on every purchase and 5% cash back on hotels and rental. Neither card offers an. Here are some reasons the. In this article, we pit the Chase Sapphire Reserve® vs. Both. Chase Sapphire Preferred 2023: Sapphire Shines a Bit Brighter. Both the Sapphire Reserve and Amex Platinum have a high annual fees: $550 and $695 respectively (see rates and fees). For starters, the Sapphire Reserve still has an edge over Amex regarding the $300 annual travel credit. 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. Chase Sapphire. . S. Best for Trip. card_name: 66,200 Amex Membership Rewards points. Then Chase did the unthinkable: They leveled up to a record-setting 100,000-point bonus in June 2021. The Chase Sapphire Reserve is the upgraded version of the Sapphire Preferred. That’s worth up to $1,000 in travel. Welcome bonus: 60,000 points after you spend $4,000 on purchases in the first three months from account opening. Each point you redeem for travel booked through Chase Ultimate Rewards is worth $. If not, go with the Chase Sapphire Preferred® Card. On the other hand, Chase's credit cardholders are incentivized to use the Ultimate Rewards portal via a higher redemption value. Assuming that you have at least 30 transactions per month, EDP's earning rate is 4. The Chase Sapphire Preferred is designed for frequent and casual travelers. The Chase Sapphire Preferred Card is one of the most popular travel rewards cards out there and comes with a number of well-known benefits, as well as an 60,000-point bonus when you spend $4,000 on purchases within the first three months of account opening — all for a $95 annual fee. The Chase Sapphire Preferred® Card may. 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. That's $750 when you redeem. Welcome offer. 5 points if you have an Ultimate Rewards-earning credit card like the Ink Business Preferred Credit Card or Chase Sapphire Preferred Card. Capital One Venture vs. Its collection of travel and purchase protections, statement. ANNUAL FEE. When you redeem Chase Ultimate Reward points for travel, they will be worth 25% more than if you. 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. 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. 5 cents each toward travel bookings, while the Chase Sapphire Preferred and Ink Business Preferred Credit Card fetch 1. By Claire Tsosie. 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. Sapphire Preferred vs. Interest. Both are solid choices, but the Chase Sapphire Preferred boasts higher point values and travel. 10% point bonus each year. Best for overall flexible travel rewards: Chase Sapphire Preferred® Card. The Chase Sapphire Preferred is currently offering a welcome bonus of 60,000 Ultimate Rewards points after spending $4,000 within three months. 49% while the APR on the Venture Rewards is 19. First, visit the Ultimate Rewards travel portal and log into your Chase account. Meanwhile, the Chase Sapphire Preferred can redeem points at a rate of 1. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card now offer the complimentary DashPass benefit through Dec. Rates and Fees. 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. 7 cents each, so to me, that’s a return of either 3. With the Chase Sapphire Preferred® Card and the Ink Business Preferred® Credit Card, each point is worth 1. 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. With the Chase Sapphire Preferred® Card and the Ink Business Preferred® Credit Card, each point is worth 1. 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. So, is the Chase Sapphire Preferred Card worth the $95 annual fee? It most often is. There is a 0% introductory APR. 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. 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. 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. Interest. 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. With the Freedom Flex, you earn $200 after spending $500 on. The Chase Sapphire Reserve comes with a. Blue Cash Preferred® Card from American Express: Best for Entertaining at home. [ jump to details ] Arguably one of the most valuable travel credit cards thanks to a combination of ancillary benefits, the Chase Sapphire Preferred® Card. In this area, the Chase Freedom Unlimited shines. Annual Fees. 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. While the Chase Sapphire Reserve comes with a $550 annual fee, the Citi Prestige charges its own high fee at $495. Chase Sapphire Preferred® Card review: The best travel rewards card for less than $100?. Sapphire is our premier credit card for travel and dining. That said, the Autograph card’s bonus spending requirement skews higher than some competitors, at $1,500 in your first three months. First, the Sapphire Preferred is currently offering one of the best sign-up bonuses in the industry, giving new cardholders the opportunity to earn 60,000 bonus Ultimate Rewards points. 5,000 more bonus points if you add an authorized user and they make a purchase in first 3 months. And the best-known of those competitors is the venerable Chase Sapphire Preferred® Card. To see how Chase Ultimate Rewards stack up against the competition, we researched each program's transfer partners. 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. Morgan Reserve card is the heaviest credit card we know about, weighing 27 grams. 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. Earning Rewards. Amex Platinum Card — Uber Cash. The balance transfer APR is also the same, and there is no introductory APR for either card. 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. New. Deciding between two rewards. Points are worth. Best at Bank of America: Bank of America Preferred Rewards. Annual. Each account anniversary, cardmembers will receive bonus points equaling 10% of total purchases that year. * That's $750 toward travel when redeemed through Chase Ultimate Rewards ®. Chase’s success with the Reserve card was difficult for. Simply put, the benefits of the Chase Sapphire Preferred are worth the $95 annual fee. Daily Newsletter. That's $750 when you redeem through Chase Ultimate Rewards®. In addition to the card benefits, the Sapphire Reserve is an excellent card for earning and redeeming rewards. 1. The Chase Sapphire Reserve gets a redemption value of 1. com. Chase Ultimate Rewards ® are. Southwest® Rapid Rewards® Performance Business Credit Card. New cardholders can earn 60,000 points after spending $4,000 on purchases within three months. But now, thanks to a refresh of the Chase Sapphire Preferred® Card and an annual fee increase for the Chase Sapphire Reserve® (it jumped from $450 to $550 in 2020), the Chase Sapphire Preferred. Intro APR: None. Chase Sapphire Preferred Card. Epicor. Ink Business Preferred Credit Card: Best for small business owners. Chase has kicked off 2023 with some big, bad changes to the Pay Yourself Back benefit for both Sapphire Preferred and Sapphire Reserve cardholders. Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend. If you have the Chase Sapphire Preferred® Card, your points are worth 1. Once a creative solution during the worst of the pandemic, your points will no longer go as far using Pay Yourself Back. Free Subscription and Statement Credit to Instacart+ [$110] Chase Sapphire Preferred cardholders get a free 6-month membership to Instacart+, which offers free delivery on orders over $35, a 5% credit back on eligible pickup orders, and lowers the service fee from 5% to just 1. Syspro: Best for manufacturing companies. Redeem toward most anything Disney at most Disney U. Rewards winner. Both cards do have features and benefits that help to justify or offset the annual fees though. Like most travel cards, it’s not a great option for carrying a balance. 5-3-1. 31, 2023). 49% and runs up to 29. The Chase Sapphire Preferred® Card has many of the same credit card travel insurance benefits as the Chase Sapphire Reserve®. 25 cents per point in value. 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. But this offer is only available in physical Chase Bank branch locations. When redeemed for travel through the Ultimate Rewards portal, each point earned by the Chase Sapphire Preferred® Card is worth 1. 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. 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. Chase Sapphire. empty checkbox Compare the Chase Sapphire Reserve Credit Card. 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. 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. 25 cents each for travel booked through Chase or transfer points. That noted, there are plenty of. Chase Freedom Flex: Best for earning 5% cash back (or 5 points per dollar) up to a quarterly maximum;. When Sapphire. 2 days ago · Many of its competitors use a “hub-and-spoke” system, which filters a. Chase Sapphire Reserve. Image Credit: Chase. The Southwest Priority card has a $149 annual fee—about $50 more than the Southwest Premier card. The Chase Sapphire Reserve comes with a. The best credit cards of November 2023. The Chase Sapphire Preferred® Card is frequently considered the best first travel credit card, thanks to its generous rewards and reasonable $95 annual fee. It offers bonus rewards for travel and dining, with options for redeeming points at an outsized value. Their portal is better than Chase but still annoying to use, decent for a couple domestic flights. The Chase Sapphire Reserve is a Visa card, which is also widely accepted, while the Amex Platinum is an American Express card. 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. Both cards also offer roadside assistance, but the Chase Sapphire Preferred card charges $69. Points can be redeemed for travel through the Chase Ultimate Rewards® portal for 1. The Preferred ranges from 21. One of the biggest differences between the two Sapphire cards off the bat is the annual fee. Other reasons why Chase Sapphire Preferred wins include the fact that it. Chase Sapphire Preferred vs. The Chase Sapphire Reserve annual fee is $550 per year. 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 booked via Chase Ultimate Rewards portal. For many, the decision comes down to this simple cost. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives. The. Welcome Bonus. Pros 3x points on restaurants. Compared to many cards in similar rewards categories, this annual fee can quickly pay itself off if you can make use of the benefits. Simply put, the benefits of the Chase Sapphire Preferred are worth the $95 annual fee. 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. But the Chase Sapphire Preferred can be your best option for these reasons: 25% travel redemption bonus:. For years, the Chase Sapphire Reserve® has been the gold standard credit card in the points and miles world – and for good reason. 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. 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 Chase Freedom Unlimited offers cardholders an opportunity to earn unlimited matched cash back at the end of your first year. 49% to 28. You should avoid using your hotel credit at brands where you hold status. You will earn 3x Ultimate Rewards® points on dining (one of the best credit cards for restaurants and dining ). U. That’s worth up to $1,000 in travel. Its initial bonus is 60,000 points. But the Chase Sapphire Preferred® Card has a lower annual fee ($95) than its competitors and plenty of lucrative rewards. Updated: November 14, 2023. 49%. A “good” FICO Score ranges from 670 to 739, a “very good” score is 740 to 799 and an. Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts. In 2016, Chase cannonballed into the premium credit card market with an offer many found irresistible. At $95 per year, it offers a simple two miles per dollar spent. Let’s refer back to our earlier spending scenario. 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. The Chase Sapphire Preferred is best for award travel beginners who want an introduction into the world of points and miles. The Chase Sapphire Preferred doesn’t offer 5X on “all” airfare like Amex Platinum, but again, it’s a $95 a year card, instead of $695 like Amex Platinum. Global Entry, TSA PreCheck or NEXUS application fee statement credit of up to. 25 cents per point through the Ultimate Rewards travel portal. Runner-up: American Express® Gold Card. 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. And t hat's where the Chase Sapphire. Pros Valuable food-related bonus categories Welcome offer is worth $750. Variable APR: 22. For the rest of us, the heaviest cards in this review are the Luxury Card trio (22g). NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. Maintain $1,500 minimum balance. 5 cents per point through the travel portal while the Chase Sapphire Preferred and Chase Ink Business Preferred cards each get 1. Best at Chase for travelers: Chase Sapphire℠ Banking. Annual fee: $395. Metal Factor: Measuring up to its peers, the Savor. According to Chase, that would equate to 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. To file a claim over the phone, start by calling 888-320-9961. Chase briefly offered a sign-up bonus of 100,000 points in June. 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. 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. 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. 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. When you pay for travel with the Sapphire Preferred, you'll earn 2 points for every dollar spent, even on expenses such as tolls and monthly parking. There’s only a $95 annual fee, yet the card has. Capital One Venture Rewards Credit Card. You can book some of the fanciest Park Hyatt properties in the entire portfolio,. All you have to do after logging into your account is go to the main menu on your. Purchase protection adds additional peace of mind for purchases made with your card. The Chase Sapphire Preferred is a huge winner in this category due to its exceptional welcome offer. TPG values Ultimate Rewards points at an even 2 cents each, making this bonus worth $1,200. Rating. 49%. 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. 25 cents each within the Chase Ultimate Rewards® portal. The Chase Sapphire Reserve is a much more expensive credit card as it has a $550 annual fee instead of a $95 annual fee. All three cards require applicants to meet high income and/or spending standards for approval. Dollar Equivalent: $1,380 (60,000 Chase Ultimate Rewards Points * 0. Chase Sapphire Preferred. If you. This annual benefit. This is because the former offers a 50 percent points boost when points are redeemed in this manner, while the. Trip cancellation and interruption insurance up to $10,000 per person ($20,000. 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. Best cards for earning Chase Ultimate Rewards. You can use your Ultimate Rewards to book flights through the Chase Travel portal. 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. Welcome offers. With a $95 annual fee, it ranks as one of the best credit cards with annual fees under $100 and one of the top travel rewards cards for beginners. (7,829 cardmember reviews) Sign in to apply faster Apply as a guest * Offer Details †. When comparing the Chase Freedom Unlimited vs Chase Sapphire Preferred, don’t forget to consider the 0% intro APR. 1% in that category. Not only does the card offer 3X points on restaurants. 1:1 point transfers to Chase travel partners including major airlines and hotels. With the Sapphire Preferred, your Chase points are worth 1. Foreign transaction fees: None Points transfer: 1:1 points transfer for Chase's hotel and. As two of the largest banks in the U. The Chase Sapphire Preferred is a well-rounded rewards card, primarily designed for the average traveler. But an annual fee should not be the end. Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. Best for Trip. Unlike many other competitors, SoFi offers access to member benefits such as career services and access to credentialed financial advisors -- all for free. 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. The Sapphire Preferred has a $95 annual fee, and it earns 5 points on travel purchased through Chase Ultimate Rewards, 2 points on all other travel purchases, and 3 points on dining, online. It offers numerous benefits that can easily justify its $95 annual fee. With the Sapphire Preferred you’ll earn 5 points per dollar on travel purchased through Chase Ultimate Rewards®, 3 points per dollar on dining, select streaming services, and online grocery. 9% on all orders. by total assets, the 2 institutions couldn’t have a more opposite approach to credit card portfolios. The Venture Card, meanwhile, offers 75,000. Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. Then Chase did the unthinkable: They leveled up to a record-setting 100,000-point bonus in June 2021. 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. 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. 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. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). Hopefully, this list gives you an idea of some competing credit cards that could better suit your travel needs. 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. Balance transfer fee. Chase Sapphire Reserve. To waive the monthly service fee at Bank of America, you’ll need at least one direct deposit per month of $250 or more. Frequent travelers will also get a lot of value out of Chase Sapphire Reserve because it comes with a $300 annual travel credit and. The Chase Sapphire Preferred Card is a great choice, especially if you're interested in transferrable travel rewards, with a modest $95 annual fee and the option to redeem points for 25% more. Best card for someone who wants a big sign-up bonus: Chase Sapphire Preferred. There’s more to know about the Chase Sapphire Preferred’s fee structure than just the annual fee. The Chase Sapphire Preferred Card is one of the most popular travel rewards cards out there and comes with a number of well-known benefits, as well as an 60,000-point bonus when you spend $4,000 on purchases within the first three months of account opening — all for a $95 annual fee. Capital One Venture vs. 49%, and the Reserve starts at 22. Then, select your Chase Sapphire Preferred card. Winner: Blue Cash Preferred® Card from American Express. The ability to earn bonus points has returned, earning at the following rates through March 2025: Chase Sapphire Reserve: Earn 10 points per dollar on Peloton equipment and accessory purchases of $150 or more — with a limit of 50,000 points. However, we value Chase points at 2 cents per point, making 100,000. At first glance, the Chase Sapphire Preferred’s 60,000 points seems lower than the Venture Card’s 75,000 miles. New cardholders can earn 60,000 points after spending $4,000 on purchases within three months. 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. Based on the hypothetical annual spending above, here’s the verdict: card_name: 51,300 Chase Ultimate Rewards points per year. If you choose to use points and your Chase Sapphire Preferred credit card to pay for your purchase, each point will be worth $. Updated Thu, May 25 2023. Here’s why the $95 annual fee is. THE POINTS GUY Let's start with a side-by-side comparison of the. With that in mind, let me share the four areas where you can get significantly more value with the Sapphire Reserve than the Sapphire Preferred. The Chase Sapphire Preferred offers one of the best sign-up bonuses available right now. We transferred points to my corresponding individual airline and hotel partner accounts and tracked how long it took for them to show up. 2x points on dining and travel purchases. 023 base) The Chase Sapphire Preferred Card is one of the gold standards for earning travel rewards. S. If Sapphire Reserve is the gold medalist, then the Chase Sapphire Preferred® Card deserves a close silver in the travel rewards card competition. 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. Chase Sapphire Preferred is worth it if you spend $4,000 during the first 3 months your account is open, as you’ll qualify for an initial bonus of 60,000 points. 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. 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. The Chase Sapphire Preferred offers a compelling sign-up bonus for first-time applicants. . 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. The Chase card is one of our top-ranked travel cards, setting the standard for rewards and benefits. They did it again in the spring of 2021, bringing back an 80,000-point offer on the Preferred Card. Chase Sapphire Preferred: 60,000. 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. SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS. Chase Sapphire Reserve Fees. Insider's valuations estimate this.