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. Plus, its 5X points on travel purchased through the Chase portal, 3X points on. 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. 60,000 Ultimate Rewards points will get you a minimum of $750 toward travel, though in reality you can get much more value than that with Chase’s transfer partners. With Chase Sapphire Preferred, you receive 60,000 bonus points but must spend a minimum of $4,000 in purchases within your first three months of having the card. Chase briefly offered a sign-up bonus of 100,000 points in June. The Citi Premier® Card is also a midlevel travel card with a $95 annual fee. The Sapphire Preferred does have an up to a $50 credit for hotel stays booked through the Chase Ultimate Rewards portal. The Chase Sapphire Preferred® Card and Chase Sapphire Reserve® are two of Chase’s top credit cards. The Chase Sapphire Reserve gets a redemption value of 1. Until then eligible new cardmembers can earn 80,000 bonus points after spending $4,000 on. The. This annual benefit. On the other hand, Chase's credit cardholders are incentivized to use the Ultimate Rewards portal via a higher redemption value. Based on TPG's valuations, that's worth $1,200. That noted, there are plenty of. 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. First, you could book flights directly through the Ultimate Rewards travel portal. Maria Adams, Credit Cards Moderator. Opt for pick-up. You will earn 3x Ultimate Rewards® points on dining (one of the best credit cards for restaurants and dining ). In addition to the card benefits, the Sapphire Reserve is an excellent card for earning and redeeming rewards. Chase Sapphire Reserve Fees. There are plenty of quality credit cards competing with the Chase Sapphire Reserve credit card. Compared to many cards in similar rewards categories, this annual fee can quickly pay itself off if you can make use of the benefits. 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. QT9: Best for life science companies. The nearly 12,000-square-foot lounge is a redesign and rebrand of the Club Lounge that existed in the space pre-COVID. We recommend having a FICO score of. Its initial bonus is 60,000 points. Chase Sapphire Preferred: 60,000 bonus points for spending $4,000 in the first three months from account opening. 5 points per dollar on Peloton equipment and accessory purchases of $250 or more with a maximum earn of 25,000. But paying an annual fee of $550 upfront isn't for everyone. In reality, there are only two close direct competitors in terms of annual fee, and that’s the Capital One Venture (not the more premium Venture X) and the Citi. For flights, you have a couple of different options. 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 Sapphire Preferred: Earn 5 points per dollar on Peloton equipment and accessory. 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. 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. The Chase Sapphire Preferred® Card is our best overall travel credit card for vacation rentals due to its reasonable $95 annual fee, generous earning rates and flexible rewards. The Chase Sapphire Preferred® Card comes with a bonus of 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. Even though stays have to be booked through the Ultimate Rewards travel portal, the portal itself is super easy to use. In addition to lounge access, some of the top benefits for the Sapphire Reserve include: $300 annual travel credit. Blue Cash Preferred® Card from American Express: Best for Entertaining at home. 25 cents per point). 60,000 Ultimate. Purchase protection adds additional peace of mind for purchases made with your card. The new World of Hyatt Business Credit Card from Chase offers entry-level elite status for the cardholder and up to five employees. 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℠. Chase Sapphire Preferred: Best for luggage insurance, ($3,000 in coverage). Both Chase and Amex offer several different redemption opportunities for their points. Still, Chase Sapphire Preferred points are only worth 1. com. 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. 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. 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. If you like to travel, the Chase Sapphire Preferred is probably the best overall. The new 80,000-point sign-up bonus represents the biggest welcome offer on the Chase Sapphire Preferred® Card in nearly two years. Welcome Bonus. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card now offer the complimentary DashPass benefit through Dec. Syspro: Best for manufacturing companies. In my opinion this is the most well. 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®. The Chase Sapphire Preferred has an annual fee of just $95, while the Amex Gold comes with a considerably higher annual fee of $250 (see rates and fees ). The best Visa Signature card can be a matter of opinion. Neither card offers an. The Chase Sapphire Preferred doesn’t offer 5X on “all” airfare like Amex Platinum, but again, it’s a $95 a. Chase Sapphire Reserve®: Best Premium Card; Chase Sapphire Preferred® Card: Best Travel Rewards for a Low Annual Fee; Chase Freedom Flex℠: Best for Multiple Bonus. Earn 2% on select card purchases and 1% on all other card purchases. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. With the Chase Sapphire Preferred, you can earn 60,000 points after spending $4,000 in the first 3 months. 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. 31, 2024, to take advantage of this perk. Chase’s success with the Reserve card was difficult for. 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. These cards are cheaper than “premium” cards with annual fees in the $500-$700 range, but $95 is still a. The J. Both are solid choices, but the Chase Sapphire Preferred boasts higher point values and travel. Sapphire Reserve: Rewards and bonuses. So, if you have 100,000 points, they are worth $1,250 when redeemed. Rewards Rate. The Best SAP Competitors of 2023. 1. Let's look at how these two cards stack up in a head-to-head comparison. The Platinum Card® from American Express. At $95 per year, it offers a simple two miles per dollar spent. Approval Factors for Chase Sapphire Preferred. Best for Uber: The Capital One SavorOne Rewards Card. Chase Sapphire Preferred. Most Prestigious Credit Cards in 2023 Chase Sapphire Preferred® Card. It is less travel-focused than the Chase Sapphire Preferred, and offers a well-rounded rewards program and greater. Yes, big recent news that the bonus is being increased to a potential of 90k. com. If you have the Chase Sapphire Preferred® Card, your points are 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. Remember that points with the Chase Sapphire Reserve® can be worth 1. Compared to many cards in similar rewards categories, this annual fee can quickly pay itself off if you can make use of the benefits. However, with the Chase Sapphire Reserve, you’re able to redeem your points at 1. 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. [ jump to details ] Arguably one of the most valuable travel credit cards thanks to a combination of ancillary benefits, the Chase Sapphire Preferred® Card. Although JPMorgan Chase and Bank of America are the 2 largest banks in the U. Additionally, this product is open to the general public and doesn’t require an invitation. 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. Each account anniversary, cardmembers will receive bonus points equaling 10% of total purchases that year. Annual $50 hotel credit. It is less travel-focused than the Chase Sapphire Preferred, and offers a well-rounded rewards program and greater. The question is, how do you choose the right card?. Chase Ultimate Rewards ® are. 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’s current welcome bonus is 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. It offers extensive access to airport lounges, a yearly credit up to $200 for incidental. You can redeem both Membership Rewards and Ultimate Rewards for cash back plus a variety of. Chase Sapphire Reserve. 5 cents per point: Groceries through September 30, 2023; Gas through September 30, 2023; Annual membership fees through September 30, 2023; 1. 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 $750 when you redeem for travel through Chase Ultimate Rewards® since point redemptions are worth 25% more this way. Beyond that, Hyatt award rates can be incredibly low compared to some competitors. People with the Chase Sapphire Preferred® Card, the Chase Sapphire Reserve® or the Ink Business Preferred® Credit Card, can transfer points on a 1:1 basis to about a dozen airline and hotel. You also need to be under Chase’s 5/24 rule. 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. Chase Sapphire Reserve. Chase Sapphire Reserve®. 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. 2. Welcome offer. Chase Sapphire Reserve: Best for frequent travelers. 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. Sure, it’s an entire point “per” lower, but it’s a $95 annual fee card versus a $250 annual fee card. With great travel perks like lounge access and big-time travel credits, it’s no wonder the card is so popular. That’s worth up to $1,000 in travel. The Chase Sapphire Reserve is a much more expensive credit card as it has a $550 annual fee instead of a $95 annual fee. 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. Both cards also offer $10 per. However, since Chase Ultimate Rewards points are worth 1. 7 cents each, so to me, that’s a return of either 3. 25 cents when redeemed for travel booked through Chase's online portal, operated by. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives. 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 Preferred® Card welcomes new cardholders with bonus Ultimate Rewards points after spending a moderate amount in the first three months. So if you spent $25,000, you'd earn an additional 2,500. Using the Chase Travel Portal. 4% or 5. Chase. Best credit cards for groceries. $550 annual fee †; $75 for each authorized user †. Interest. Earn 3x points on:The Chase Sapphire Reserve® currently offers a welcome bonus of 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. While the Chase Sapphire Reserve comes with a $550 annual fee, the Citi Prestige charges its own high fee at $495. 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. 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. 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. So, $95 - $50 -. There are a few factors that Chase looks at before approving the Chase Sapphire Preferred® Card. 25 cents per point, while the Chase Sapphire Preferred has a much inferior 1 cent per point redemption. If you're. The Chase Sapphire Reserve and the Chase Sapphire Preferred Card. The Chase Sapphire Preferred charges a variable APR of 21. Deciding between two rewards. The Sapphire Reserve has a higher annual fee of $550 compared to the Preferred's $95. For the rest of us, the heaviest cards in this review are the Luxury Card trio (22g). Chase Sapphire Reserve ® Eligible charities through December 31, 2023: 1. 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. This is thanks to a 25 percent points boost for. 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. The Chase Sapphire Preferred doesn’t offer 5X on “all” airfare like Amex Platinum, but again, it’s a $95 a year card, instead of $695 like Amex Platinum. The Citi Premier® Card, from our partner Citi, is Citi’s competition for the Chase Sapphire Preferred, with the same $95 annual fee and similar perks for spending. 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. Compare. The Chase Sapphire Preferred® Card is a popular travel rewards card – and for good reason. Earn 60,000 bonus points after you spend $4,000 on purchases in the first three months from. Frequent travelers will also get a lot of value out of Chase Sapphire Reserve because it comes with a $300 annual travel credit. It. With the Freedom Flex, you earn $200 after spending $500 on. While that’s less than some premium travel cards charge, including the higher-end Chase Sapphire Reserve®, you. Read Also On My Blog: Credit Card Inventory Update 2023: My Strategy For. The new version of the lounge has snazzy. 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 also has CDs with low minimum opening deposits. Trip cancellation and interruption insurance up to $10,000 per person ($20,000. Chase Sapphire Preferred® Card. Other reasons why Chase Sapphire Preferred wins include the fact that it. 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. The Chase Sapphire Preferred ® card is one of the best travel rewards cards on the market. 023 base) The Chase Sapphire Preferred Card is one of the gold standards for earning travel rewards. Best at Chase for travelers: Chase Sapphire℠ Banking. One of the biggest differences between the two Sapphire cards off the bat is the annual fee. 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. However, it also comes with perks the Sapphire Preferred doesn't offer including up to a $300 statement to reimburse you for travel purchases. The Chase Sapphire Preferred® Card is one of the most recommended travel credit cards. The Chase Sapphire Preferred's 60,000-point bonus can be worth up to $750 when you redeem for travel through Chase Ultimate Rewards® since point redemptions are worth 25% more this way. Chase Sapphire Preferred Card: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. If not, go with the Chase Sapphire Preferred® Card. It's not the only fee you need to worry about with the Chase Sapphire Reserve® Card, either. 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. @m_adams. These cards offer great benefits for travel, dining and everyday purchases. You. The Chase Sapphire Preferred® Card may. Bankrate Score. The credit card company finally opened its first Sapphire Lounge over in Hong. 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 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. 5 points per dollar on Lyft through March 2025. In turn, its 60,000-point bonus is worth $750 in travel. Dollar Equivalent: $1,380 (60,000 Chase Ultimate Rewards Points * 0. 5-3-1. For savings. Insider pegs Chase Ultimate. We transferred points to my corresponding individual airline and hotel partner accounts and tracked how long it took for them to show up. The lounge is also accessible for passengers departing from the East Hall via shuttle or a 10- to 15-minute walk. CSP is a Visa Signature which is a tier below Visa Infinite, which is what the Venture X is. 1% in that category. New cardholders of the. There is a 0% introductory APR. 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. It offers bonus rewards for travel and dining, with options for redeeming points at an outsized value. Chase Sapphire Reserve: 60,000 bonus points for spending $4,000 in the first. 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. The Amex Platinum Card offers a much longer list of benefits and perks than the Chase Sapphire Preferred. When you redeem Chase Ultimate Reward points for travel, they will be worth 25% more than if you. (7,829 cardmember reviews) Sign in to apply faster Apply as a guest * Offer Details †. 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. Chase Sapphire Preferred cardholders can call 1-888-320-9961 while in the U. The bottom line. The Chase Sapphire Reserve comes with a. 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. Earn 5% in Disney Rewards Dollars on card purchases made directly at DisneyPlus. 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. 49% while the APR on the Venture Rewards is 19. With the Chase Freedom Flex, you can earn $200 cash back after spending $500 in the first 3 months. Earn 2% on select card purchases and 1% on all other card purchases. The best credit cards of November 2023. 25 cents when redeemed for travel booked through Chase's online portal, operated by. S. Compare that with the Chase Sapphire Preferred® Card, long considered the travel credit card that opened the gate for dozens of subsequent competitors in an increasingly crowded market vying for. Hotels booked through Chase Ultimate Rewards with your Chase Sapphire Preferred Card after already fully earning your yearly $50 credit (these bookings do earn 5x points per dollar spent, however) When to Forgo Using the Hotel Credit. Dream bigger with the Disney Premier Visa Card from Chase. 49% to 28. Additionally, cardholders. 5. The Chase Sapphire Preferred is a well-rounded rewards card, primarily designed for the average traveler. For starters, the Sapphire Reserve still has an edge over Amex regarding the $300 annual travel credit. I value Ultimate Rewards points at 1. All you have to do after logging into your account is go to the main menu on your. † Pricing & Terms. A “good” FICO Score ranges from 670 to 739, a “very good” score is 740 to 799 and an. » MORE: Best rewards credit cards To view rates and fees of the American Express® Gold Card , see this page . Earning Rewards With both cards, you. First, the Sapphire Preferred is currently offering one of the best sign-up bonuses in the industry, giving new cardholders the opportunity to earn 60,000 bonus Ultimate Rewards points. 25 cents per point, while the Chase Sapphire Preferred has a much inferior 1 cent per point redemption. To see how Chase Ultimate Rewards stack up against the competition, we researched each program's transfer partners. Work out your way — from HIIT rides to walks and hikes to strength training, and more:. Best at Bank of America: Bank of America Preferred Rewards. Offering an excellent return on travel and dining purchases, the card packs a ton of value that easily offsets its $95 annual fee. Sapphire is our premier credit card for travel and dining. The card carries a $95 annual fee. For years, the Chase Sapphire Reserve® has been the gold standard credit card in the points and miles world – and for good reason. 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. Amex Gold welcome offer. As mentioned earlier, the Chase Sapphire Preferred® Card has an annual fee of $95. It is located in the West Hall of the International Departures area near Gate 40. At $95 per year, the card offers strong travel protections usually. 9% on all orders. To file a claim over the phone, start by calling 888-320-9961. 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. 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. For many, the decision comes down to this simple cost. Winner: Tie. 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. United℠ Explorer Card. United Club℠ Infinite 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. Morgan Reserve card is the heaviest credit card we know about, weighing 27 grams. 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. Both cards also offer roadside assistance, but the Chase Sapphire Preferred card charges $69. But this offer is only available in physical Chase Bank branch locations. 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. Sapphire Preferred’s closest competitor—and our pick for the Best Travel Card—is the Capital One Venture Rewards Credit Card. If you. The Chase Sapphire Preferred earns 2x points on travel purchases. 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. The Chase Sapphire Reserve® came with a $450 annual fee ($550 as of 2020) and debuted with a. . Chase Sapphire Reserve®. 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 is best for award travel beginners who want an introduction into the world of points and miles. It has the same 1:1 transfer partners as the Chase Sapphire Reserve® and a similarly robust sign-up bonus: Earn. Ink Business Preferred Credit Card: Best for small business owners. Earn 5x Ultimate Rewards points on: travel purchased through Chase Ultimate Rewards (except hotels eligible for the $50 hotel credit). ANNUAL FEE. That. 5% cash back on all spending, which you can convert to 1. Additionally, it offers flexible point redemption options, no foreign. Chase has basically realized that the weight raises customers’ dopamine levels. [ jump to details ] Arguably one of the most valuable travel credit cards thanks to a combination of ancillary benefits, the Chase Sapphire Preferred® Card. Winner: Chase Sapphire Reserve. Additionally, it offers flexible point redemption options, no foreign. Note that the Sapphire Preferred card is the little sibling of the $550-annual-fee premium Chase Sapphire Reserve® which may make the Preferred a more appealing card to apply for since the. Without the initial bonus, you’ll need to spend. 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. Chase Sapphire Preferred 2023: Sapphire Shines a Bit Brighter. In this area, the Chase Freedom Unlimited shines. We transferred points to my corresponding individual airline and hotel partner accounts and tracked how long it took for them to show up. 25 cents. 25 cents per point in value. With the Chase Freedom Flex, you can earn $200 cash back after spending $500 in the first 3 months. . OR ANY OF ITS AFFILIATES. To get you started, new cardmembers can earn 60,000 bonus points after spending. Welcome bonus: 60,000 points after you spend $4,000 on purchases in the first three months from account opening. You can redeem your Ultimate Rewards point totals for travel-related purchases. The Chase Sapphire Preferred's 60,000-point bonus can be worth up to. 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. Both. With the Freedom Flex, you earn $200 after spending $500 on. Annual fee: The Chase Sapphire Preferred® Card charges a $95 annual fee. 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. The Venture Card, meanwhile, offers 75,000. Cons. 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. You can use your Ultimate Rewards to book flights through the Chase Travel portal. com or ESPNPlus. Annual. Activate by July 31, 2024. It provides many opportunities to redeem points for valuable rewards that go far beyond those that simpler, fixed-value cards can provide. 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. While the Chase Sapphire Reserve costs $550 annually, it’s fairly easy to get $300 of that back with everyday travel purchases throughout the year. Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts. The balance transfer APR is also the same, and there is no introductory APR for either card. 25 cents per point through the Ultimate Rewards travel portal. Updated Thu, May 25 2023. Deciding between two rewards credit cards often is just a matter of comparing the rewards you'll. If you’ve applied for 5+ credit cards in the last 24 months, you will not be approved. 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. 25 cents each when redeemed for travel through the Ultimate Rewards portal, your 60,000-point bonus is worth up to $750. That effectively brings the fee down to $250. In 2016, Chase cannonballed into the premium credit card market with an offer many found irresistible. Most Prestigious Credit. Amex EveryDay Preferred (EDP): They have the same $95 annual fees. And as further proof of the fact that the Chase Sapphire Preferred® Card isn’t an entry-level model is the fact that a full 10% of users obtained a credit limit over $20,000. 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. 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. 25 cents each for travel booked through Chase or transfer points. 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. Chase Sapphire Banking. Frequent travelers will also get a lot of value out of Chase Sapphire Reserve because it comes with a $300 annual travel credit and. Chase Sapphire Reserve 's $550 annual fee is higher than the average annual fee among new credit card offers right now. 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. Best Alternatives to the Chase Sapphire Reserve Card. Once a creative solution during the worst of the pandemic, your points will no longer go as far using Pay Yourself Back. S. Rewards and benefits. 3x points on travel booked via Chase Ultimate Rewards portal. You won't have Priority Pass lounge access any longer, but you'll still be. But the Chase Sapphire Preferred® Card has a lower annual fee ($95) than its competitors and plenty of lucrative rewards. Just make sure you activate your subscription by December 31, 2024. Chase has kicked off 2023 with some big, bad changes to the Pay Yourself Back benefit for both Sapphire Preferred and Sapphire Reserve cardholders. . , both Chase and Wells Fargo are popular options. Today, the publicly-available offer is: 60,000 bonus points after spending $4,000 on purchases in. With the Chase Sapphire Preferred, cardholders can earn 60,000. 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. Additionally, it offers flexible point redemption options, no foreign. Redeem toward most anything Disney at most Disney U. 49% to 29. Shop Peloton Bikes, Tread, Guide, or Row. 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. 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.