When you book hotels through the Chase travel portal, you’ll get up to $50 in statement credits per year to reduce the cost of your reservation. 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. The Sapphire Reserve increased its annual fee by $100 from $450 to $550 in. The Chase Sapphire Reserve® came with a $450 annual fee ($550 as of 2020) and debuted with a. Sapphire is our premier credit card for travel and dining. Winner: Chase Freedom Flex. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card now offer the complimentary DashPass benefit through Dec. So, $95 - $50 -. The Sapphire Preferred is also considered a mid-tier travel card, and it’s widely regarded as one of the best travel credit. Most Prestigious Credit Cards in 2023 Chase Sapphire Preferred® Card. 3x points on travel booked via Chase Ultimate Rewards portal. 31, 2024, or for a minimum of 12 months, depending on your activation date. New cardholders of the Chase Sapphire Preferred can earn 60,000 points after spending $4,000 on purchases in the first three months of account opening. When applying for the Chase Sapphire Preferred credit card, you’ll need good to excellent credit. $95 ( see rates and fees) Welcome bonus offer. Both. Chase has basically realized that the weight raises customers’ dopamine levels. empty checkbox Compare the Chase Sapphire Reserve Credit 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. To get you started, new cardmembers can earn 60,000 bonus points after spending. That effectively brings the fee down to $250. card_name: 66,200 Amex Membership Rewards points. If you're. Some background: The Chase Sapphire Reserve became a 2016 viral obsession, with a disproportionately high number of millennials applying for the travel points-heavy card — despite (or perhaps. Chase Sapphire Preferred® Card: Best for beginners. 49% to 29. 49% and runs up to 29. The. Best Alternatives to the Chase Sapphire Reserve Card. 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. “I have three cards from Chase: Freedom, Amazon, Southwest, with a total. You won't be able to find it online. The Chase Sapphire Preferred® Card and Chase Sapphire Reserve® are two of Chase’s top credit cards. For example, if you have 10,000 points on your Chase Freedom Flex, 30,000 points on your Ink Business Cash and 60,000 points on your Chase Sapphire Preferred, you can pool all your points onto. Using it cuts the annual fee down to only $45. 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®. Earning Rewards. But this offer. It is less travel-focused than the Chase Sapphire Preferred, and offers a well-rounded rewards program and greater. And if you’re already a loyal Sapphire Preferred. The best credit cards of November 2023. Chase Sapphire Reserve®. The Preferred ranges from 21. Epicor. 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. Deciding between two rewards. The Amex Platinum Card offers a much longer list of benefits and perks than the Chase Sapphire Preferred. The credit card company finally opened its first Sapphire Lounge over in Hong. The Sapphire Reserve's most natural competitors are another card earning the same points but with a lower annual fee and two other premium travel credit cards. Not only is it a higher amount than the up-to-$200 airline fee credit that comes with the Amex Platinum, but it's also much less restrictive. 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. If redeemed. 4. 49%, and the Reserve starts at 22. The competitors would be Amex Plat and C1 VX. Today, the publicly-available offer is: 60,000 bonus points after spending $4,000 on purchases in. Feature. Based on TPG's valuations, that's worth $1,200. Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts. Why We Like It: The Chase Sapphire Preferred® Card is one of the best metal credit cards for bonus travel rewards. 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. ago. Card Weight: 17 grams. 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. Chase Sapphire Preferred vs. 5 points per dollar on Lyft through March 2025. Redeem toward most anything Disney at most Disney U. » MORE: Best rewards credit cards To view rates and fees of the American Express® Gold Card , see this page . Point transfers take a little extra work, but transferring your points could increase how much they. 31, 2023). Both come with manageable annual fees for beginners and experts, at $95 per year. $550 annual fee †; $75 for each authorized user †. Capital One Venture vs. 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. Annual. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. While that’s less than some premium travel cards charge, including the higher-end Chase Sapphire Reserve®, you. OR ANY OF ITS AFFILIATES. Chase Sapphire Preferred. Yes, big recent news that the bonus is being increased to a potential of 90k. Earn 2% on select card purchases and 1% on all other card purchases. The Chase Sapphire Reserve is a much more expensive credit card as it has a $550 annual fee instead of a $95 annual fee. Like most travel cards, it’s not a great option for carrying a balance. With the Chase Sapphire Preferred® Card and the Ink Business Preferred® Credit Card, each point is worth 1. Welcome Bonus. It offers extensive access to airport lounges, a yearly credit up to $200 for incidental. 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. Each offers a variety of checking and savings accounts, plus convenient branches and ATM locations. Ink Business Preferred Credit Card: Best for small business owners. The card earns 1. The benefits come through Visa. Chase Sapphire Preferred benefits, from primary rental car insurance to $10 worth of free stuff each month, can get you a value that exceeds the card's annual fee. Who shouldn't get the Sapphire Preferred? While many travelers should apply for the Chase Sapphire Preferred Card, certain types of travelers shouldn't go for the card. 5. The Chase Sapphire Reserve gets a redemption value of 1. Amex EveryDay Preferred (EDP): They have the same $95 annual fees. Best Chase Credit Cards. With a $95 annual fee, it's not an expensive card, which makes it an especially good choice for beginners. The Platinum Card’s $695 annual fee is exceptionally high -- even for a premium travel card. 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. The Chase Sapphire Preferred’s 60,000-point bonus (after spending $4,000 in the first three months) isn’t just $600 in cash back or gift cards -- it’s potentially a multithousand-dollar. The bottom line. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 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. Each point in your Chase Sapphire Preferred® Card account or Ink Business Preferred® Credit Card account is worth 25% more when used this way. Apply Now Learn more. Trip cancellation and interruption insurance up to $10,000 per person ($20,000. The Chase Sapphire Preferred® Card is a great travel rewards credit card that offers valuable benefits and rewards. Chase Sapphire Reserve. Their portal is better than Chase but still annoying to use, decent for a couple domestic flights. 49% to 28. NOT FDIC INSURED. 25 cents each within the Chase Ultimate Rewards® portal. 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. Spending on the Costco Anywhere card yielded $236 cash-back and the Chase Sapphire Preferred card yielded 21,600 Ultimate Rewards points. There are some of the best perks. At $95 per year, the card offers strong travel protections usually. The Chase Sapphire Preferred is best for award travel beginners who want an introduction into the world of points and miles. Best for Trip. At first glance, the Chase Sapphire Preferred’s 60,000 points seems lower than the Venture Card’s 75,000 miles. 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. Best at Citibank: Citigold® by. The Chase Sapphire Preferred is a well-rounded rewards card, primarily designed for the average traveler. 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. Simply put, the benefits of the Chase Sapphire Preferred are worth the $95 annual fee. The Sapphire Reserve has a higher annual fee of $550 compared to the Preferred's $95. The Chase Sapphire Preferred is offering a welcome bonus of 60,000 Ultimate Rewards points upon completing minimum spending. Plus, its 5X points on travel purchased through the Chase portal, 3X points on. The Chase Sapphire Preferred® Card and Chase Sapphire Reserve® are two of Chase’s top credit cards. 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. 1-2. The Citi Premier® Card is also a midlevel travel card with a $95 annual fee. Best low-fee card for Lyft: Chase Sapphire Preferred® Card. Syspro: Best for manufacturing companies. 5 cents each toward travel bookings, while the Chase Sapphire Preferred and Ink Business Preferred Credit Card fetch 1. In turn, its 60,000-point bonus is worth $750 in travel. 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. You can redeem your Ultimate Rewards point totals for travel-related purchases. And worst of all, Chase has finally removed Airbnb as an option. Let’s refer back to our earlier spending scenario. Which cards are better than the Chase Sapphire Reserve now that the annual fee and perks have changed? Here are some other alternatives to. These include 5x miles on travel purchased through the Chase Ultimate. You can book some of the fanciest Park Hyatt properties in the entire portfolio,. 25 cents each for travel booked through Chase or transfer points. If you choose to use points and your Chase Sapphire Preferred credit card to pay for your purchase, each point will be worth $. com. However, if you are evaluating cards based heavily on the fee itself, the Sapphire Preferred® card has the advantage in this area. Best credit cards for groceries. 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. Chase Sapphire Preferred 2023: Sapphire Shines a Bit Brighter. Earning Rewards With both cards, you. 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. P. 01 (one cent), which means that 100 points equals $1 in redemption value. Chase Freedom Flex℠*: Best for flexible. Best cards for earning Chase Ultimate Rewards. Chase Sapphire Preferred: 60,000. As two of the largest banks in the U. Among the Citi credit cards lineup, the Citi Premier ® Card is a mid-tier travel card that offers plenty of ways to earn rewards. CarlosACJ • 5 mo. Offer ends Mar. The Chase Sapphire Preferred is a huge winner in this category due to its exceptional welcome offer. com, Hulu. 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. 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. In addition to the card benefits, the Sapphire Reserve is an excellent card for earning and redeeming rewards. Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. 1% in that category. The Sapphire Reserve has a higher annual fee of $550 compared to the Preferred's $95. 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. If the Ultimate Rewards points were redeemed for travel via the Chase travel portal, the value would be $270 (1. With the Chase Sapphire Reserve, your points are worth 1. 25 cents per point when booking through the Chase Travel portal (instead of 1. The Chase Sapphire Reserve is a Visa card, which is also widely accepted, while the Amex Platinum is an American Express card. Welcome bonus: 60,000 points after you spend $4,000 on purchases in the first three months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®. That’s a solid bonus with a reasonable spending requirement. The Chase Sapphire Preferred® Card is a solid pick for cardholders who want valuable travel benefits without a high annual fee. 5 cents per point through the travel portal while the Chase Sapphire Preferred and Chase Ink Business Preferred cards each get 1. Then, select your Chase Sapphire Preferred card. 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. While none of these cards have foreign transaction fees, American Express cards are generally accepted at fewer. The Chase Sapphire Preferred’s current welcome bonus is: 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. The Chase Sapphire Preferred® Card has many of the same credit card travel insurance benefits as the Chase Sapphire Reserve®. [ jump to details ] Arguably one of the most valuable travel credit cards thanks to a combination of ancillary benefits, the Chase Sapphire Preferred® Card. Chase Sapphire Preferred. Even though stays have to be booked through the Ultimate Rewards travel portal, the portal itself is super easy to use. Both the Sapphire Reserve and Amex Platinum have a high annual fees: $550 and $695 respectively (see rates and fees). Earn 2% on select card purchases and 1% on all other card purchases. It has the same 1:1 transfer partners as the Chase Sapphire Reserve® and a similarly robust sign-up bonus: Earn. The card is currently offering a sign-up bonus of 60,000 Ultimate Rewards points after you spend $4,000 on purchases in the first three months from. The Chase Sapphire Reserve’s bonus is worth $900 when redeemed for travel through Chase Ultimate Rewards, whereas the Chase Sapphire Preferred’s bonus is worth $750 when redeemed for travel through Ultimate Rewards. Rewards Program Agreement. The new version of the lounge has snazzy. 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. Global Entry, TSA PreCheck or NEXUS application fee statement credit of up to. Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend. On the other hand, Chase's credit cardholders are incentivized to use the Ultimate Rewards portal via a higher redemption value. So, is the Chase Sapphire Preferred Card worth the $95 annual fee? It most often is. 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. Chase Sapphire Reserve Fees. The caps are higher with the benefits from Visa Infinite. In late October 2022, the first Chase Sapphire Lounge by the Club opened in Hong Kong airport in the West Hall of Terminal 1 (near gate 40). Chase Sapphire Reserve 's $550 annual fee is higher than the average annual fee among new credit card offers right now. If you. Both cards also offer roadside assistance, but the Chase Sapphire. If Chase Sapphire has been your main card for a year, it's probably worth paying the fee from one more year for the goodies. Chase Sapphire Preferred® Card. . The card offers a decent rewards rate on every purchase you make, though it also charges a modest annual fee. It provides many opportunities to redeem points for valuable rewards that go far beyond those that simpler, fixed-value cards can provide. In my opinion this is the most well. Chase Sapphire Preferred cardholders can call 1-888-320-9961 while in the U. Points are worth 1. Both the Venture and Sapphire Preferred have a $95 annual fee, so this is a clear tie. That’s worth up to $1,000 in travel. 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. The Sapphire Preferred does have an up to a $50 credit for hotel stays booked through the Chase Ultimate Rewards portal. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. 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. 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. Annual Fee: $550. Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. This fee may be worth. There’s only a $95 annual fee, yet the card has. 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. Both cards also offer roadside assistance, but the Chase Sapphire Preferred card charges $69. In addition to lounge access, some of the top benefits for the Sapphire Reserve include: $300 annual travel credit. At an absolute minimum, 60K Ultimate Rewards points can be redeemed for $750 worth of travel through the Chase Travel Portal. 5-3-1. You'll earn 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. 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 one of the best travel rewards cards on the market. Our quick take: The Chase Sapphire Preferred® Card is an ideal choice for people just. 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. 5 cents each when redeemed for travel through Chase Ultimate Rewards®. Sapphire Reserve: Reserve Dethroned. So, if you have 100,000 points, they are worth $1,250 when redeemed. The Chase Sapphire Reserve stands as one of the best travel credit cards. 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. THE POINTS GUY Let's start with a side-by-side comparison of the. † Pricing & Terms. There is a limited-time increased welcome offer available on the Chase Sapphire Preferred® Card, offering up to 90,000 points after spending $6,000 in the first six months of card membership. Chase Sapphire Preferred Card. Chase Ultimate Rewards ® are. The Preferred card also gives you 60,000 Ultimate Rewards points after you spend $4,000 in purchases within the first three months. 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 nearly 12,000-square-foot lounge is a redesign and rebrand of the Club Lounge that existed in the space pre-COVID. 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 initial sales of chase sapphire reached the sales target, but the net revenue of the company dipped after completion of 1 st year. Chase Sapphire Preferred vs. AmEx points can give outsized value too, but only when. S. Which cards are better than the Chase Sapphire Reserve now that the annual. When you redeem Chase Ultimate Reward points for travel, they will be worth 25% more than if you. Chase Sapphire Preferred comes with a variable annual percentage rate (APR) ranging from 21. However, since Chase Ultimate Rewards points are worth 1. Cardholders can redeem points at 1. The Chase Sapphire Reserve® came with a $450 annual fee ($550 as of 2020) and debuted with a. Maria Adams, Credit Cards Moderator. The Chase cards have different annual fees depending on which tier you get: Preferred is $95 a year, while Reserve is $550, of which $300 is automatically applied as statement credits on travel. Unfortunately, many hotels will. 25 cents per point in value. There’s more to know about the Chase Sapphire Preferred’s fee structure than just the annual fee. 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. A “good” FICO Score ranges from 670 to 739, a “very good” score is 740 to 799 and an. 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. The Chase Sapphire Preferred Card weighs 13 grams and is made out of a proprietary mix of metal. Chase Sapphire. 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. Chase Sapphire Reserve: 60,000 bonus points for spending $4,000 in the first. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). @m_adams. 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. 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. Sapphire Banking is Chase’s second-highest banking product with Chase Private Client being in the top spot. And the best-known of those competitors is the venerable Chase Sapphire Preferred® Card. To compare two very different welcome bonuses, we considered the relative return on investment of each. Yes, the Citi Prestige is a Mastercard, which means it is widely accepted at many retailers. Remember that Chase Sapphire Preferred cardholders will receive up to a 25% bonus, while Chase Sapphire Reserve cardholders receive up to a 50% bonus. The Chase Sapphire Preferred doesn’t offer 5X on “all” airfare like Amex Platinum, but again, it’s a $95 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. Chase Sapphire Preferred Card. Personally, my anniversary bonus is worth 1,523 (worth about $19 including the +25%). However, with the Chase Sapphire Reserve, you’re able to redeem your points at 1. Both cards also offer $10 per. If you like to travel, the Chase Sapphire Preferred is probably the best overall. While the Chase Sapphire Reserve comes with a $550 annual fee, the Citi Prestige charges its own high fee at $495. Best for Uber: The Capital One SavorOne Rewards Card. Other reasons why Chase Sapphire Preferred wins include the fact that it. 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. The bottom line: Citi® makes it easier to waive monthly service fees on its standard checking account than Chase or Bank of America. Capital One Venture vs. 49%. The Chase Sapphire Preferred also has a 1:1 point transfer rate to Chase’s travel partners. Shelle Santana discusses how protagonists Pam Codispoti and Eileen Serra shifted their focus to retaining customers. Chase’s success with the Reserve card was difficult for. That’s worth up to $1,000 in travel. It offers numerous benefits that can easily justify its $95 annual fee. 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. Remember that points with the Chase Sapphire Reserve® can be worth 1. The Chase Sapphire Preferred offers a slightly lower welcome bonus than the Sapphire Reserve, at 60,000 bonus points after spending $4,000 within the first three months of account opening. 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. Hopefully, this list gives you an idea of some competing credit cards that could better suit your travel needs. Chase Sapphire Preferred® Card review: The best travel rewards card for less than $100?. To compare two very different welcome bonuses, we considered the relative return on investment of each. Also, the Venture X comes with cell phone insurance. The. 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 Venture X has a $395 annual fee ( rates & fees) while the. Cons. Read Also On My Blog: Credit Card Inventory Update 2023: My Strategy For. However, it also comes with perks the Sapphire Preferred doesn't offer including up to a $300 statement to reimburse you for travel purchases. Additionally, it offers flexible point redemption options, no foreign. You. New Chase Sapphire Preferred® Card members can now earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. 5, while Sapphire Preferred's earning rate is 5. Using the Chase Sapphire Preferred card’s $50 hotel credit is easy. While that’s less than some premium travel cards charge, including the higher-end Chase Sapphire Reserve®, you. Chase Sapphire Preferred has a bonus offer that provides new cardholders with 60,000 points after $4,000 spent within the first 3 months — a great deal. 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. 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. Here are areas where the cards beat the competition, with the maximum coverage amount by category. The Chase Sapphire Reserve® has a much higher annual fee — $550,. The Chase Sapphire Preferred Card has a cash advance rate of $10 or 5% of the transaction amount, plus a balance transfer fee of $5 or 5% of the transfer amount, whichever is greater. It has an impressive list of benefits, including a $300 travel credit, complimentary lounge access and one of the most. 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. 7). For example, 50,000 points would be worth $625 in travel. In exchange, cardholders get airport lounge access, an annual $300 travel credit and higher earning rates on dining and travel purchases: Up to 10X points on Chase Dining purchases and hotels and rental cars booked through Chase. Chase Sapphire Preferred is still a great option, though, and it’s best for travelers who want a lot of value upfront. 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's 60,000-point bonus can be worth up to. Then Chase did the unthinkable: They leveled up to a record-setting 100,000-point bonus in June 2021. Chase’s Competitors Respond. The Chase Sapphire Preferred ® card is one of the best travel rewards cards on the market. That. 5. Their portal is better than Chase but still annoying to use,. For many, the decision comes down to this simple cost. 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. We transferred points to my corresponding individual airline and hotel partner accounts and tracked how long it took for them to show up. With the Sapphire Preferred, your Chase points are worth 1. Chase Sapphire Reserve: Best for frequent travelers. 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. Points are worth. Using this card, you can earn 5X points on travel purchased through Chase Ultimate Rewards®; 3X points on dining, select streaming services, and eligible online grocery purchases; 2X points on all other travel purchases,. 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. However, with the Chase Sapphire Reserve, you’re able to redeem your points at 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. 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. after you spend $4,000 on purchases in the first 3 months from account opening. To join (and avoid the $25 monthly account fee), you will need to maintain a minimum $75,000 account balance. Both cards do have features and benefits that help to justify or offset the annual fees though. And remember, the card's 60,000-point bonus is worth $1,200 in travel, per TPG valuations.