com, Hulu. The Chase Sapphire Preferred is a huge winner in this category due to its exceptional welcome offer. Without the initial bonus, you’ll need to spend. Then Chase did the unthinkable: They leveled up to a record-setting 100,000-point bonus in June 2021. With the Chase Sapphire Preferred® Card and the Ink Business Preferred® Credit Card, each point is worth 1. The Sapphire Preferred® has a annual fee compared to the higher annual fee with the American Express Gold card ( ). 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,. 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. Chase. Syspro: Best for manufacturing companies. While that’s less than some premium travel cards charge, including the higher-end Chase Sapphire Reserve®, you. 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. Cons. Among the top cards in this category are the Chase Sapphire Preferred Card and the Capital One Venture Rewards Credit Card. Welcome bonus: 60,000 points after you spend $4,000 on purchases in the first three months from account opening. Both are solid choices, but the Chase Sapphire Preferred boasts higher point values and travel. 1. But paying an annual fee of $550 upfront isn't for everyone. It's not the only fee you need to worry about with the Chase Sapphire Reserve® Card, either. You should avoid using your hotel credit at brands where you hold status. 49%. Approval Factors for Chase Sapphire Preferred. That’s a solid bonus with a reasonable spending requirement. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card. The Platinum Card’s $695 annual fee is exceptionally high -- even for a premium travel card. Rewards Program Agreement. @m_adams. Its closest competition within the Chase credit card lineup is the Chase Sapphire Preferred ® Card. Chase Sapphire Preferred. Daily Newsletter. Luxury Card trio. One of the biggest differences between the two Sapphire cards off the bat is the annual fee. 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. 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. Its collection of travel and purchase protections, statement. Fees and APR. Here are areas where the cards beat the competition, with the maximum coverage amount by category. These cards offer great benefits for travel, dining and everyday purchases. Winner: Chase Freedom Flex. Interest. The Chase Sapphire Preferred Card is a fantastic option for diving deeper into travel rewards. The Capital One Venture Rewards Credit Card is the winner over the Chase Sapphire Preferred® Card . The Sapphire Reserve has a higher annual fee of $550 compared to the Preferred's $95. And while you don’t receive any stay credits automatically. Even though stays have to be booked through the Ultimate Rewards travel portal, the portal itself is super easy to use. Its initial bonus is 60,000 points. Chase Sapphire Preferred comes with a variable annual percentage rate (APR) ranging from 21. card_name: 66,200 Amex Membership Rewards points. 25 cents apiece, which means that these remaining points are worth more than $1,000 toward travel. “I have three cards from Chase: Freedom, Amazon, Southwest, with a total. 1-2. 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. However, we value Chase points at 2 cents per point, making 100,000. 5-3-1. You can redeem your Ultimate Rewards point totals for travel-related purchases. 5 cents per point with the Sapphire. However, with the Chase Sapphire Reserve, you’re able to redeem your points at 1. New cardholders of the. com. There are a few factors that Chase looks at before approving the Chase Sapphire Preferred® Card. One of the most important factors is your credit score. As two of the largest banks in the U. Our quick take: The Chase Sapphire Preferred® Card is an ideal choice for people just. However, if you are evaluating cards based heavily on the fee itself, the Sapphire Preferred® card has the advantage in this area. S. For casual and heavy travelers alike, the Chase Sapphire Preferred is a better all-around package. The Chase Sapphire Preferred’s welcome bonus, on the other hand, is worth $750 when you book travel through the Chase Ultimate Rewards portal. It has an annual fee of $550, but includes an annual up to $300 travel credit to help essentially cover some of the cost. S. 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). 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. It has an impressive list of benefits, including a $300 travel credit, complimentary lounge access and one of the most. The Chase Sapphire Preferred is a top-tier credit card for frequent flyers, offering valuable rewards, flexible redemption options, and travel perks. 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 Sapphire Preferred does have an up to a $50 credit for hotel stays booked through the Chase Ultimate Rewards portal. There are some of the best perks. com or ESPNPlus. Use your $50 annual hotel credit through Chase Ultimate Rewards. 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. Chase Sapphire Lounge by the Club. Getty Images Travel credit cards are a specialized type of credit card that earn points or miles you can. or call collect at 1-804-673-1691 while outside of the US to file claims. When comparing the Chase Freedom Unlimited vs Chase Sapphire Preferred, don’t forget to consider the 0% intro APR. † Pricing & Terms. 25 cents when redeemed for travel booked through Chase's online portal, operated by. The Venture Card, meanwhile, offers 75,000. 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. Unlike many other competitors, SoFi offers access to member benefits such as career services and access to credentialed financial advisors -- all for free. CHASE. The card offers a decent rewards rate on every purchase you make, though it also charges a modest annual fee. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. Once a creative solution during the worst of the pandemic, your points will no longer go as far using Pay Yourself Back. 9% on all orders. If the Ultimate Rewards points were redeemed for travel via the Chase travel portal, the value would be $270 (1. 7 cents each, so to me, that’s a return of either 3. With so many travel credit cards to choose from, it’s tough competition. You won't have Priority Pass lounge access any longer, but you'll still be. Bio; Latest Posts;Sometimes, you’ll find that the standard welcome offer on the Sapphire Preferred is excellent. 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. 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. The Chase Sapphire Reserve earns 3x points on travel purchases. Chase Sapphire Preferred: 60,000. Neither card offers an. Chase Ultimate Rewards ® are. 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. If you book travel through the Chase Ultimate Rewards travel portal, you'll earn 5 points per dollar spent, equivalent to a 10%. 5 cents each when redeemed for travel through Chase Ultimate Rewards®. . 1. 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. Sapphire Reserve: Rewards and bonuses. * That's $750 toward travel when redeemed through Chase Ultimate Rewards ®. 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. If you choose to use points and your Chase Sapphire Preferred credit card to pay for your purchase, each point will be worth $. The new version of the lounge has snazzy. Let's look at how these two cards stack up in a head-to-head comparison. The nearly 12,000-square-foot lounge is a redesign and rebrand of the Club Lounge that existed in the space pre-COVID. The new 80,000-point sign-up bonus represents the biggest welcome offer on the Chase Sapphire Preferred® Card in nearly two years. Sapphire is our premier credit card for travel and dining. The Chase Sapphire Preferred ® card is one of the best travel rewards cards on the market. empty checkbox Compare the Chase Sapphire Reserve Credit Card. 5% cash back on every purchase and 5% cash back on hotels and rental. The Chase Sapphire Preferred® Card is frequently considered the best first travel credit card, thanks to its generous rewards and reasonable $95 annual fee. For flights, you have a couple of different options. Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. 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. CSP is a Visa Signature which is a tier below Visa Infinite, which is what the Venture X is. [ jump to details ] Arguably one of the most valuable travel credit cards thanks to a combination of ancillary benefits, the Chase Sapphire Preferred® Card. Best at Chase for travelers: Chase Sapphire℠ Banking. Best low-fee card for Lyft: Chase Sapphire Preferred® Card. Chase just reintroduced the lucrative 80,000-point welcome bonus on the Chase Sapphire Preferred® Card and added a new, elevated offer on the Chase Sapphire Reserve® worth 60,000 points. The nearly 12,000-square-foot lounge is a redesign and rebrand of the Club Lounge that existed in the space pre-COVID. The. It provides many opportunities to redeem points for valuable rewards that go far beyond those that simpler, fixed-value cards can provide. It will automatically apply to a broad range of travel purchases. The Differences Between the Amex Gold Card vs Chase Sapphire Preferred. One of the following each month: Receive one direct deposit of $250. Remember that points with the Chase Sapphire Reserve® can be worth 1. Redeem toward most anything Disney at most Disney U. It also has CDs with low minimum opening deposits. 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. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). The Amex Platinum Card offers a much longer list of benefits and perks than the Chase Sapphire Preferred. Chase is offering 60,000 bonus points for new cardmembers who spend $4,000 on purchases in the first three months from account opening. The Chase Sapphire Preferred® Card has become a household name in the travel rewards world – and there’s good reason for that. There are still good reasons to use the Chase Ultimate Rewards portal, and the Chase Sapphire Preferred’s up to $50 annual. Annual Fee: $95. If you were to downgrade the Chase Sapphire Preferred in Jan 2019 to a Chase Freedom card and apply for the Chase Sapphire Reserve, you would not qualify for the bonus due to the 48. You also need to be under Chase’s 5/24 rule. That's $750 when you redeem. 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. Best for Uber: The Capital One SavorOne Rewards Card. $95. But the Chase Sapphire Preferred® Card has a lower annual fee ($95) than its competitors and plenty of lucrative rewards. Several other cards weigh in at 17g, including The Platinum Card® from American Express and the Capital One Venture X Rewards Credit Card. But the Chase Sapphire Preferred can be your best option for these reasons: 25% travel redemption bonus:. Insider pegs Chase Ultimate. 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. 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. Both cards also offer roadside assistance, but the Chase Sapphire Preferred card charges $69. Just make sure you activate your subscription by December 31, 2024. Feature. The competitors would be Amex Plat and C1 VX. Best card for someone who wants a big sign-up bonus: Chase Sapphire Preferred. 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. 60,000 Ultimate Rewards points after you spend $4,000 within three months. 24%, tied to the Prime Rate and set. It offers numerous benefits that can easily justify its $95 annual fee. 25 cents each if you have a Chase Sapphire Preferred® Card or 1. By Claire Tsosie. 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. 25 cents per point through the Ultimate Rewards travel portal. The Southwest Priority card has a $149 annual fee—about $50 more than the Southwest Premier card. 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. 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. 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. 24% and 25. P. Sure, it’s an entire point “per” lower, but it’s a $95 annual fee card versus a $250 annual fee card. Earn 2% on select card purchases and 1% on all other card purchases. There are plenty of quality credit cards competing with the Chase Sapphire Reserve credit card. Using the Chase Travel Portal. New cardholders signing up for the Chase Sapphire. 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. Like most travel cards, it’s not a great option for carrying a balance. Here are areas where the cards beat the competition, with the maximum coverage amount by category. 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. 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. Winner: Chase Sapphire Preferred® Card. The Citi Premier® Card is also a midlevel travel card with a $95 annual fee. In 2016, Chase cannonballed into the premium credit card market with an offer many found irresistible. Chase Sapphire Preferred. 95 per service call, while the Chase Sapphire Reserve card offers 4 free service calls valued up to $50 each per year. You can earn 100,000 Chase Ultimate Rewards points for opening a Chase Sapphire Preferred Card and spending $4,000 in 3 months. The Chase Sapphire Preferred® Card is one of the best travel credit cards for beginners and experienced travelers alike. THE POINTS GUY Let's start with a side-by-side comparison of the. The Chase Sapphire Reserve is a much more expensive credit card as it has a $550 annual fee instead of a $95 annual fee. Using the Chase Sapphire Preferred card’s $50 hotel credit is easy. 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. You can book some of the fanciest Park Hyatt properties in the entire portfolio,. Which cards are better than the Chase Sapphire Reserve now that the annual. That matches the redemption rate when using points from the Chase Sapphire Preferred on travel purchases through the Chase travel portal. Trip cancellation and interruption insurance up to $10,000 per person ($20,000. The bottom line. The Chase Sapphire Preferred® Card is a great travel rewards credit card that offers valuable benefits and rewards. With the Chase Freedom Flex, you can earn $200 cash back after spending $500 in the first 3 months. The Chase Sapphire Reserve® came with a $450 annual fee ($550 as of 2020) and debuted with a. 49% - 28. That works out to roughly $250 per person — and. With the Chase Freedom Flex, you can earn $200 cash back after spending $500 in the first 3 months. 25 cents per point, making them slightly less valuable when redeeming via the Chase Portal. We transferred points to my corresponding individual airline and hotel partner accounts and tracked how long it took for them to show up. Chase Sapphire Preferred® Card: Best for beginners. Pros 3x points on restaurants. And if you’re already a loyal Sapphire Preferred. The Platinum Card® from American Express. The lounge is also accessible for passengers departing from the East Hall via shuttle or a 10- to 15-minute walk. The Chase Sapphire Preferred and the Citi Premier have a lot in common: With sizable welcome bonuses, good returns on spending, transferable points, and manageable annual fees, they’re both excellent. The value of Chase Ultimate Rewards points is what really sets the Chase Sapphire Preferred review apart from competitors, but it still has a lot of daily spending and travel perks. The bottom line: Citi® makes it easier to waive monthly service fees on its standard checking account than Chase or Bank of America. OR ANY OF ITS AFFILIATES. Step 3: Once you’ve confirmed the purchases and the number of points you’ll be redeeming, you’re all set!The Chase Sapphire Preferred Card offers similar benefits and earning power as the Chase Sapphire Reserve for a modest $95 annual fee. The Preferred card also gives you 60,000 Ultimate Rewards points after you spend $4,000 in purchases within the first three months. Their portal is better than Chase but still annoying to use, decent for a couple domestic flights. 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. 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. While that’s less than some premium travel cards charge, including the higher-end Chase Sapphire Reserve®, you. Annual fee: The Chase Sapphire Preferred® Card charges a $95 annual fee. There is a 0% introductory APR. 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. 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. 49% to 28. 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. 5. 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 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. Each point in your Chase Sapphire Preferred® Card account or Ink Business Preferred® Credit Card account is worth 25% more when used this way. Winner: Tie. Best features: As a premier Ultimate Rewards card, the Sapphire Preferred allows you to get 25% more value when you redeem for future travel through the Chase Ultimate Rewards portal. Chase Sapphire Preferred® Card. Your points are worth 25% more when you booking award travel instead of cash or gift card rewards. 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. If you would otherwise put a significant amount in travel purchases on the card, then the. Here’s why the $95 annual fee is worth it: Chase Sapphire Preferred® Card. 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). The Chase Sapphire Reserve comes with a. @m_adams. There’s only a $95 annual fee, yet the card has. You won't be able to find it online. In 2016, Chase cannonballed into the premium credit card market with an offer many found irresistible. One of the biggest differences between the two Sapphire cards off the bat is the annual fee. In this area, the Chase Freedom Unlimited shines. Chase Sapphire. 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. 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 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. Best at Citibank: Citigold® by. The Chase Sapphire Preferred is a well-rounded rewards card, primarily designed for the average traveler. 5 cents each toward travel bookings, while the Chase Sapphire Preferred and Ink Business Preferred Credit Card fetch 1. 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. 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. Chase Sapphire Preferred Card. When Sapphire. Sapphire Banking is Chase’s second-highest banking product with Chase Private Client being in the top spot. Chase Sapphire Preferred® credit card. 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. To waive the monthly service fee at Bank of America, you’ll need at least one direct deposit per month of $250 or more. 25 cents per point, while the Chase Sapphire Preferred has a much inferior 1 cent per point redemption. Points are worth. Credit Cards. Chase Sapphire Preferred Card. The Chase Sapphire Preferred® Card’s increased bonus is scheduled to expire by 9:00AM ET on 5/25/2023. The Chase Sapphire Reserve® has a much higher annual fee — $550,. Points can be redeemed for travel through the Chase Ultimate Rewards® portal for 1. 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℠. The Chase Sapphire Reserve® came with a $450 annual fee ($550 as of 2020) and debuted with a. At Chase, you’ll need at least $500 in total monthly direct deposits. This card is one of the lighter metal credit cards by a few grams. The Chase Sapphire Preferred offers a compelling sign-up bonus for first-time applicants. Chase briefly offered a sign-up bonus of 100,000 points in June. 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. Welcome offer. 3x points on travel booked via Chase Ultimate Rewards portal. You. 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. The Ultimate Rewards program is a favorite across the board thanks to just how many ways there are to redeem points, including for travel, statement credits, and by transferring to airline and hotel partners. Best for Trip. Annual Fees. Both cards have a variable APR between 18. As a college student who just started out last January, the chase sapphire preferred goes so hard because I am mainly focusing on chase cards (currently at 3 personal 3 business), so all my points just funnel into Hyatt. TPG values Ultimate Rewards points at an even 2 cents each, making this bonus worth $1,200. The card recently introduced additional category bonuses to sweeten the deal: 5% on travel purchased through Chase. 1% in that category. It is located in the West Hall of the International Departures area near Gate 40. 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. 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. 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: 60,000 bonus points for spending $4,000 in the first three months from account opening. It offers bonus rewards for travel and dining, with options for redeeming points at an outsized value. 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. 5. 49% to 28. Yes, big recent news that the bonus is being increased to a potential of 90k. If you're. For those who don’t travel as often though. First, visit the Ultimate Rewards travel portal and log into your Chase account. Best at Chase: Chase Premier Plus Checking℠. 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. 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. Metal Factor: Measuring up to its peers, the Savor. 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. S. 25 cents per point: Chase Sapphire Preferred ® Card; Chase Sapphire ® Card (no longer open to new applicants)After years of sitting on the sidelines in the travel rewards card market – dominated by banks like Chase and American Express with points you can transfer to hotels and airlines – it looks like Wells Fargo is finally looking to get in on the action. 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. The benefits come through Visa. 1-3. But this offer. Earn 60,000 bonus points. Those bonus points are worth up to $750 in travel through Chase, which can cover the cost of the card’s membership fees for years. 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. Both cards do have features and benefits that help to justify or offset the annual fees though. If not, go with the Chase Sapphire Preferred® Card. As mentioned earlier, the Chase Sapphire Preferred® Card has an annual fee of $95. . The Chase Sapphire Reserve gets a redemption value of 1. 31, 2024, or for a minimum of 12 months, depending on your activation date. These cards offer great benefits for travel, dining and everyday purchases. The Chase Sapphire Preferred is a well-rounded rewards card, primarily designed for the average traveler. 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. Chase’s Competitors Respond. The Chase Sapphire Preferred ® card is one of the best travel rewards cards on the market. 49% while the APR on the Venture Rewards is 19. The initial sales of chase sapphire reached the sales target, but the net revenue of the company dipped after completion of 1 st year. Balance transfer fee. 10% bonus points of your total purchases made the previous year, every account anniversary. The Chase Sapphire Reserve® has a much higher annual fee — $550, compared with $95 for the Chase Sapphire Preferred® Card — but it offers richer rewards and more perks. Both offer up to $50,000 in. Chase Sapphire Reserve® Credit Card. And, its $95 annual fee is a fraction of the premium travel card's. There's no question that the Amex Gold card comes with a number of benefits and bonus-earning categories that can offset the annual fee. And worst of all, Chase has finally removed Airbnb as an option. When you account for the card’s various perks, including the welcome bonus, 10 percent. Annual fee. Select which purchases you’d like to redeem points. The. Blue Cash Preferred® Card from American Express: Best for Entertaining at home. The Chase Sapphire Preferred® Card is a popular travel rewards card – and for good reason. The caps are higher with the benefits from Visa Infinite. 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. 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. Sapphire Preferred’s closest competitor—and our pick for the Best Travel Card—is the Capital One Venture Rewards Credit Card. When applying for the Chase Sapphire Preferred credit card, you’ll need good to excellent credit. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). While none of these cards have foreign transaction fees, American Express cards are generally accepted at fewer.