The Chase Sapphire Preferred® is an exceptional starter card that offers a range of benefits, including transferrable Ultimate Rewards. It also pairs well with other Chase cards, making it a versatile option for maximizing your rewards.
One of the standout features of the Chase Sapphire Preferred® is its ability to earn transferrable Ultimate Rewards points. These points can be transferred to a variety of hotel and airline partners, allowing you to maximize the value of your rewards. By combining the points earned on the Sapphire Preferred® with those earned on other Chase cards, such as the Chase Freedom Flex℠ and Chase Freedom Unlimited®, or the business versions like the Ink Business Cash® and Ink Business Unlimited®, you can consolidate your points into your Sapphire Preferred® account and have more flexibility in redeeming them.
In addition to the flexibility of Ultimate Rewards, the Chase Sapphire Preferred® offers a competitive annual fee. At just $95 a year, it is relatively low compared to other premium credit cards. This fee may be easily offset by the benefits and rewards you can earn with the card.
One notable benefit of the Chase Sapphire Preferred® is the 10% anniversary bonus on points. Each year, on your cardmember anniversary, you will receive a bonus equal to 10% of the total points you earned in the previous year. This bonus can add up over time and further enhance the value of your rewards.
Another perk of the Chase Sapphire Preferred® is the $50 hotel credit in Chase travel. This credit can be applied towards eligible hotel purchases made through the Chase Ultimate Rewards portal. It’s a nice bonus that can help lower the cost of your hotel stays and make your travel experiences more affordable.
When it comes to travel benefits, the Chase Sapphire Preferred® has you covered. The card offers trip cancellation/interruption insurance, trip delay reimbursement, and baggage delay insurance. These protections can provide peace of mind when you’re on the go, knowing that you’re covered in case of unexpected events.
Additionally, the Chase Sapphire Preferred® provides primary car rental insurance when you use the card to pay for your rental. This means that if you’re involved in an accident or your rental car is damaged, you won’t have to file a claim with your personal auto insurance first. The coverage provided by the card can save you money on additional insurance fees offered by the rental car company.
The Chase Sapphire Preferred® also includes purchase protection and extended warranty protection. If an item you purchase with the card is damaged or stolen within 120 days, you may be eligible for reimbursement. The extended warranty protection extends the manufacturer’s warranty on eligible purchases by an additional year.
In terms of customer service, Chase is known for its excellent support. Whether you have questions about your account, need assistance with a transaction, or want to report a lost or stolen card, Chase’s customer service team is available 24/7 to help.
In conclusion, the Chase Sapphire Preferred® is an exceptional starter card that offers transferrable Ultimate Rewards and pairs well with other Chase cards. With a relatively low annual fee, 10% anniversary bonus on points, $50 hotel credit in Chase travel, and a range of travel benefits, it’s a card worth considering for anyone looking to maximize their rewards and enjoy a solid set of perks.