Top travel card 60,000 points bonus: Chase Sapphire Preferred credit card review

Editor’s Note: This post has been updated with the latest credit card information.

The Chase Sapphire Priority Card is one of the most famous credit card travel rewardsincludes 5 points per dollar on travel booked through the Chase travel portal and purchases on Lyft, 3 points per dollar on dining, select streaming services, and online grocery purchases online (excluding Target, Walmart, and wholesale clubs), 2 points per dollar on all other services for travel purchases, and 1 point per dollar on everything else.

These valuable points can be transferred to airline and hotel partners or redeemed directly for travel at a rate of 1.25 cents per point through Chase Ultimate Rewards. Card Rating*:

* Card ratings are based on the opinions of the editors of TPG and are not influenced by the card issuer.

At TPG we always get an important question from beginner travelers looking to plan trips: travel credit card should you start with?

We almost all recommend Chase Sapphire Priority Card. It earns one of our favorite bonuses. It offers lucrative perks. It has a low annual fee. In fact, many of us start our journey Earn points and miles with the Chase Sapphire Preferred.

The card currently offers a signup bonus of 60,000 Ultimate Rewards points after you spend $4,000 on purchases in the first three months of account opening.

Here’s what you need to know about the Chase Sapphire Preferred and why it’s one of the best card out there.

Ready to get your card? Sign up here for the Chase Sapphire Preferred.

The Chasing my favorite Sapphire designed to work for both frequent travelers and casual travelers. With an annual fee of $95, it’s not an expensive card, making it a Good choice for beginners.

I also recommend starting your journey into the world of loyalty points with the Chase card, because you need to strategically plan around Chase’s 5/24 Rule about applications. The Sapphire Preferred is definitely worth considering for one of your watches. covet five slits to open a new card within two years.

Related: Who should (and who shouldn’t) get the Chase Sapphire Preferred?

with Chasing my favorite Sapphireyou’ll earn a signup bonus of 60,000 points after spending $4,000 on purchases in the first three months of account opening, enough to get you anywhere in the world you want to be.

These points have a minimum value of $750 when redeemed for travel through the Chase portal, but if you max out Chase’s transfer partners, Valuation of TPG peg the full value of the bonus at a whopping $1,200.

In August 2021, Chase reveals a bunch of exciting changes to its Sapphire card, including Sapphire Preferred. One of these new perks is a $50 statement credit for hotel stays purchased through Chase Ultimate Rewards Travel Portal when opening the card, as well as on each subsequent card membership anniversary. It is automatically applied to your account each year when you make a qualifying fee. Note that the $50 credit does not earn Chase Ultimate Rewards points.

Related: How to use the new $50 hotel credit on the Chase Sapphire Preferred

10% bonus points annually

Another change Chase added to the card is a 10% anniversary bonus. Cardholders will receive a 10% bonus based on their total spend during the account anniversary year at the rate of 1 point for every $10 spent. For example, if you spent $100,000 on the Sapphire Preferred during your five card memberships, you’ll receive 10,000 bonus points at the end of the year.

Note that this 10% is calculated on the amount you have spent, not the number of points you earn. Therefore, you do not get additional points by taking advantage of the card’s bonus categories.

DoorDash

Chase Sapphire Preferred also includes at least one year free DashPass membership with DoorDash, allowing you free shipping and reduced service fees on qualifying purchases. this is a costs associated with using a food delivery service such as DoorDash, but this can be a valuable benefit if you already use the service.

travel protection

This card is an ideal choice for paying for travel bookings such as car rentals, cruises, airline tickets and hotels as it offers comprehensive travel and purchase protections. Among them, cardholders can expect the following:

You can read more about the Chase Sapphire Preferred Travel and Shopping Benefit here.

The Chasing my favorite Sapphire Go with a simple income structure, easy to maximize. Here’s how you earn points on the Sapphire Preferred:

• 5 points per dollar of travel booked through Chase Travel Portal.
• 5 points for every dollar on Buy Lyft (until the end of March 2025).
• 3 points per dollar on dining, select streaming services, and online grocery purchases (excluding Target, Walmart, and wholesale clubs).
• 2 points per dollar on all travel not booked through the Chase travel portal.
• 1 point for every dollar on everything else.

When you’re ready to redeem the points you’ve earned with Chasing my favorite Sapphire, you will understand why the card shines. Here are a few ways you can use your Ultimate Rewards.

Chase Ultimate Rewards Travel Portal

You can use your points to buy airline tickets, book hotels and even rent a car through chasing travel — all at a flat rate of 1.25 cents per point. That means you don’t have to worry about blackout dates or finding prize space; you will always have the option to book travel using your points. As long as there’s a seat for sale on the flight that you want, or a hotel room available for cash advance, you’ll be able to pay with your points.

Just be aware that hotel reservations booked through third-party sites (including Chase Travel) will generally not earn points and will not count towards elite status.

Transfer to Chase travel partners

More than 1.25 coins per point can be obtained by transferring the reward to Chase airline and hotel partner.

Some of the best Chase transfer partners include Hyatt, unified, Airline British and Singapore Airlines for fancy hotels or plane seats.

Give it back to yourself

If you want to use points from Sapphire Preferred at a fixed value for purposes other than travel, consider Chase’s Pay Yourself Option. Cardholders can use points worth 1.25 cents per point to pay for donations to select charities (through December 31, 2023) or 1 cent per point value to purchase gas stations and grocery stores (until March 31, 2023).

Related: How to donate points and miles to help Ukraine

There are plenty of mid-range travel credit cards that are worth it, but Capital One Venture Rewards Credit Card is a watch that goes head-to-head with the Sapphire Preferred. The card currently offers the following:

*Benefits are only available to accounts approved for the Visa Signature card. Terms apply.

If trying to decide between these two cards, think about which card’s monetization formula fits your spending habits and which card’s transfer partner you’re most likely to maximize.

Related: Chase Sapphire Preferred vs Capital One Venture Card

Another alternative is a card co-branded with a specific airline or hotel program. These perks aren’t nearly as flexible as the Sapphire Preferred, but if you primarily fly with one airline or frequently stay at hotels under a particular hotel umbrella, those perks can be helpful. .

1. You can achieve a sign up bonus of 60,000 points.
2. You are looking for valuable travel protections.
3. You are currently holding Unlimited pursuit of freedom and/or Chasing Flex Freedom Card.

When you bring your Sapphire Preferred with one of these cards, you can freely transfer points from one account to anotherEffectively increase the value of your Freelancing earnings by translating them from cashback rewards Fully transferable Final bonus points.

The Chase Sapphire Preferred continues to represent a solid value proposition to the general public. As long as you’re using the card often enough to get more than $95 in value from the rewards earned and the benefits used, the card is definitely worth the annual cost.

If you are ready to go further refunds or fixed value travel rewards credit card, there’s no better place to start than with Chasing my favorite Sapphire.

After its debut a decade ago, it is still considered one of the Best rewards credit card. It earns some Most valuable points around, and it’s flexible enough to meet travel reward needs in practically every point and mile skill level. It also comes with a low enough price that more people can try it out.

Sign up here for the Chase Sapphire Preferred with a bonus of 60,000 points.

Additional reporting by Ryan Wilcox, Chris Dong, Stella Shon, Jennifer Yellin, Joseph Hostetler and Eric Rosen.