The Chase Sapphire Preferred® is an exceptional starter card that offers transferrable Ultimate Rewards and pairs well with other Chase cards. With its low annual fee of $95 a year, it provides great value for cardholders.
One of the key features of the Chase Sapphire Preferred® is its ability to earn Ultimate Rewards points, which can be transferred to various hotel and airline partners. This flexibility allows cardholders to maximize the value of their points by redeeming them for flights, hotel stays, or other travel expenses.
When used in conjunction with other Chase cashback cards like the Chase Freedom Flex℠ and Chase Freedom Unlimited® or their business counterparts, such as the Ink Business Cash® and Ink Business Unlimited®, the Chase Sapphire Preferred® becomes even more powerful. By combining the points earned on these cards into the Preferred account, cardholders can take advantage of the higher redemption rates offered by the Sapphire Preferred®.
For example, the Chase Freedom Flex℠ and Chase Freedom Unlimited® offer rotating bonus categories and unlimited 1.5% cash back on all purchases, respectively. By transferring the points earned on these cards to the Chase Sapphire Preferred®, cardholders can then transfer them to airline and hotel partners, potentially getting more value out of their points.
The business versions of the cashback cards, Ink Business Cash® and Ink Business Unlimited®, offer similar benefits for small business owners. These cards earn cash back on business expenses and can be combined with the Chase Sapphire Preferred® to maximize the value of the points earned.
In addition to the ability to transfer points, the Chase Sapphire Preferred® also offers other valuable perks. Cardholders receive a 10% anniversary bonus on all points earned throughout the year, which can add up to significant additional rewards. Additionally, cardholders receive a $50 hotel credit when booking through the Chase travel portal.
The low annual fee of $95 is easily offset by the benefits and rewards offered by the Chase Sapphire Preferred®. For frequent travelers or those looking to get into the world of travel rewards, this card is an excellent choice. The ability to transfer points to various hotel and airline partners provides flexibility and the opportunity to get more value out of each point.
Furthermore, the combination of the Chase Sapphire Preferred® with other Chase cashback cards allows cardholders to earn even more rewards and maximize their redemption potential. By strategically using these cards together, cardholders can earn a significant number of points in various categories and transfer them to their Preferred account for optimal redemption.
Overall, the Chase Sapphire Preferred® is a top choice for those looking to start their journey into the world of travel rewards. With its low annual fee, transferrable Ultimate Rewards, and the ability to combine points with other Chase cards, this card offers great value and flexibility. Whether you’re a frequent traveler or simply looking to earn more rewards on your everyday purchases, the Chase Sapphire Preferred® is definitely worth considering.