Is Chase Sapphire Preferred Worth?: Top 10 Benefits Explained
Hey Credit Card Lovers!
Why should you consider the Chase Sapphire Preferred card? Understand the chase sapphire preferred benefits concisely here, from boosting travel points and dining rewards to shopping protections and customer support. This card isn’t just about spending—it’s about getting more out of every dollar.
Key Takeaways
- The Chase Sapphire Preferred card is like a dream for big spenders. It’s great for earning points on everything from travel and dining to Netflix. Plus, when you book travel through their site, your points are worth even more.
- Say goodbye to regretting your purchases. This card protects your new stuff from theft or damage and even adds an extra year to your tech warranties.
- Every year with the Chase Sapphire Preferred isn’t just a celebration, it’s a chance to earn a 10% bonus on everything you spent the year before. And, it’s perfect for travelers because it gets rid of those annoying foreign transaction fees.
Check this our review to understand the Chase Sapphire Preferred!
Unlocking the Potential of Chase Ultimate Rewards
Envision booking a dream vacation. But instead of the usual booking process, you’re boosting your reward points’ value and flexing your points like never before. How? Welcome to the world of Chase Ultimate Rewards, a program that turns your everyday spending into an array of rewards with the Chase Sapphire Preferred card. With this card, you’re not just spending; you’re earning bonus points on:
- travel purchased through Chase Ultimate
- dining
- eligible delivery services
- select streaming services
- online grocery purchases
The perks of the Chase Sapphire Preferred card include:
- The ability to transfer your points to a variety of travel partners, giving you flexibility in redeeming your points
- The option to use your points for booking flights, reserving hotels, or planning cruises
- The ability to transfer points from other Chase cards to maximize their value
With these benefits, your Chase points have got you covered for all your travel needs.
Why not utilize your credit card to ease your next adventure’s expenses by taking advantage of account opening offers?
#1 Boost Your Points’ Value with Travel Redemptions
Consider this scenario:
- Each point you’ve accumulated increases in value by 25% when redeemed for travel through the Chase Ultimate Rewards portal.
- Your hard-earned points are now worth a cool 1.25 cents each.
- This allows you to indulge in the trip of your dreams without breaking the bank.
The Chase travel portal is your personal genie for all things travel, including making travel purchases. It lets you:
- Find and book flights
- Book hotels
- Rent cars
- Book cruises
- Book tours
You can use your points to make your trip more affordable with lower service fees or simply pay in cash.
Sapphire Preferred gives 1.25X to Freedom cards
With the Sapphire Preferred, you get a bonus when using your Freedom Unlimited or Freedom Flex cards. When you earn points with these cards, you can then redeem them through your Sapphire Preferred. This way, your points are worth 1.25 times more when you book through the Chase travel portal.
It’s called “Chase trifecta“. please check this article to dive into chase trifecta more.
#2 Welcome Bonus 60,000 Points is Big Key
And with 60,000 Chase Rewards Points earned from the sign-up bonus, you can redeem treats worth up to $750 through the Chase Ultimate Rewards portal. Consider it as your all-in-one travel resource.
Transfer Points for More Flexibility
Flexibility is key. With the Chase Sapphire Preferred card, flexibility is the name of the game when it comes to your reward points. Here’s how you can transfer your points to one of Chase’s high-flyin’ travel partners:
- Log into Ultimate Rewards
- Choose ‘Transfer to Travel Partners’
- Select the partner program
- Enter the desired amount of points to transfer in increments of 1,000
It’s that straightforward.
But what makes this feature a game-changer is the potential value you can get from your points. From booking swanky hotels for as little as 25,000 points per night to transferring points from your Chase Freedom card to increase their value, the opportunities are endless. Why not exploit the points system to your benefit and enhance the worth of your Chase Ultimate Rewards points?
Exclusive Sapphire Preferred Cardholder Perks
Everyone enjoys exclusive perks, right? As a Chase Sapphire Preferred cardholder, you’re privy to a host of exclusive benefits that add value to your card membership. One standout feature is the $50 Annual Ultimate Rewards Hotel Credit, which is like a magical statement credit that appears when you pay for hotel stays with your card. No strings attached, no hoops to jump through. It’s the gift that keeps on giving.
There’s still more to it. Your dining experiences just got a whole lot more exciting. With the Chase Sapphire Preferred card, every dollar you spend on dining earns you 3 points. And guess what? You can even earn points while binge-watching your favorite shows!
Talk about a card that rewards your lifestyle!
#3 $50 Annual Hotel Credit
Let’s examine the Annual Ultimate Rewards Hotel Credit in more detail. As a Chase Sapphire Preferred cardholder, you get to enjoy a sweet $50 hotel credit every year for bookings made through Chase Ultimate Rewards. Not too shabby, right?
Booking through the Chase travel portal? That’s all you need to do to enjoy your credit. The $50 credit will magically appear as a statement credit on your account. However, do note that the annual hotel credit won’t earn you any rewards points for the first $50 in hotel purchases. But hey, who’s complaining when you’re already getting a $50 statement credit?
When $50 credit comes into my statement?
The $50 annual hotel credit with the Chase Sapphire Preferred card is typically applied to your account after you make an eligible hotel purchase through the Chase travel portal. Once you’ve made a qualifying hotel purchase, the credit should appear on your statement within a few billing cycles. It’s important to note that this credit is reset each year on your account anniversary, not at the beginning of the calendar year. To ensure you get the credit, make sure to book your hotel stay directly through the Chase Ultimate Rewards portal.
#4 Dining and Streaming Service Rewards
Let’s shift our focus to dining. With the Sapphire Preferred card’s premier dining rewards, you can earn 3x points on dining purchases whether it’s at a fancy restaurant, a takeout joint, or an eligible delivery service. It’s like having your cake and eating it too, literally.
And if you’re a fan of streaming services, you’re in for a treat. With the Sapphire Preferred card, you can score some serious points by streaming on:
- Apple Music
- Apple TV
- Disney+
- ESPN+
- Fubo TV
- HBO Max
- Hulu
- Netflix
- Sling
- Vudu
That’s right, 3x points on these streaming services. Binge-watching has never been so rewarding.
#5 10% Anniversary Bonuses
Who can resist a delightful birthday treat? Well, with the Chase Sapphire Preferred card, you get to celebrate your card membership with a 10% point bonus on your account anniversary, based on the previous year’s spending. It’s like a little gift that keeps on giving.
There’s more to it. The Chase Sapphire Preferred card also offers you 1,000 bonus points for every $10,000 you spend per year. The best part? These anniversary bonus points can be used to redeem for all sorts of fabulous things like cash, gift cards, travel, and pay with points for products or services. It’s like having a little treasure chest of rewards at your fingertips.
#6 Navigating Foreign Transactions with Ease
Let’s delve into the world of foreign transactions next. As a globetrotter, you’ll be glad to know that the Chase Sapphire Preferred card steers clear of foreign transaction fees. So you can swipe your card across the globe without worrying about any extra costs.
In addition to waiving foreign transaction fees, the Chase Sapphire Preferred card also offers worldwide acceptance. This means you can confidently use your card in multiple currencies across the globe. Just make sure to double-check that your destination is on its VIP list.
Comprehensive Travel Protection Suite
As a seasoned traveler, you need a card that supports you. And that’s where the Chase Sapphire Preferred card comes in. With its comprehensive travel protection suite, you’re covered for trip cancellation, trip interruption, and even auto rental collision.
Providing everything from legal and medical referrals in emergencies to travel reimbursements and coverage for lost or delayed baggage, the Chase Sapphire Preferred card acts like your personal travel assistant. It’s got you covered, so you can travel with peace of mind.
#7 Trip Cancellation and Interruption Coverage
Life can be unpredictable, but with the Chase Sapphire Preferred card, you can take comfort in knowing you’re covered for trip cancellation and interruption. If your trip is disrupted by sickness, severe weather, or other mishaps, you have coverage of up to $10,000 per person and $20,000 per trip to handle nonrefundable travel expenses. This can offer valuable financial protection during unexpected setbacks..
To claim your trip delay reimbursement coverage, simply contact the Benefit Administrator within 20 days of the incident. Keep in mind that you’ll need to provide a completed claim form, a copy of your travel plans, and solid proof of why your trip was canceled or interrupted.
#8 Proactive Auto Rental Collision Damage Waiver
When it comes to renting a car, the Chase Sapphire Preferred card has got you covered with primary insurance coverage for collisions and theft, whether you’re cruising in the U.S. or abroad.
The Auto Rental Collision Damage Waiver provides primary coverage for theft, damage, and valid loss-of-use charges imposed by the auto rental company. So, whether you’re exploring the coastal roads of California or zipping around the streets of Paris in rental cars, you can rest easy knowing you’re covered.
Shopping Benefits and Protections
The Chase Sapphire Preferred card extends beyond just travel and dining. It also offers a host of shopping benefits and protections that add value to your purchases. From extended warranty protection to purchase protection for eligible items, this card truly has your back.
#9 Extended Warranty and Purchase Protection
With the Chase Sapphire Preferred card, every purchase comes with peace of mind. The card’s extended warranty protection adds an extra year to the U.S. manufacturer’s warranty on eligible products with warranties of three years or less. You can claim up to $10,000 per claim, with a total maximum of $50,000 per account.
And let’s not forget about purchase protection. If your new purchases get damaged or stolen within 120 days, you can get reimbursed for the repair or replacement, up to $500 per claim and a maximum of $50,000 per account. Now that’s what I call shopping with confidence.
Everyday Earnings and Redemption Opportunities
Despite offering a plethora of travel and shopping benefits, the Chase Sapphire Preferred card doesn’t limit itself to just these advantages. With this card, you can earn points on everyday purchases and enjoy flexible redemption options for rewards.
#10 Online Grocery and Dining Purchases
For those of us who love the convenience of online grocery shopping, the Chase Sapphire Preferred card offers a sweet deal. You can rack up 3x points on all those online grocery splurges, including purchases from wholesale clubs. And the best part? You don’t have to hit a specific spending amount to rack up those bonus points.
Sapphire Preferred loves food as much as you do! Earn 3x points on dining, just like Freedom Unlimited and Freedom Flex.
Flexible Redemption Options
Redeeming your points is a breeze with the Chase Sapphire Preferred card. Whether you’re looking to turn your points into cash, book a dream vacation, or indulge in exclusive events, the Chase Ultimate Rewards program offers a host of flexible redemption options.
With Chase Dining and the Dining Hub powered by Tock, your Chase Ultimate Rewards points can also take your dining adventures to a whole new level. So why not let your Chase points treat you to a world of culinary delights?
#11 Tailored Assistance and Customer Support
The Chase Sapphire Preferred card offers:
- Personalized assistance and customer support
- A dedicated team offering priority service and special perks
- Assurance that you’ll be taken care of, no matter where you are in the world.
Whether it’s legal and medical referrals in emergencies, travel reimbursements, or coverage for lost or delayed baggage, the Chase Sapphire Preferred card is always there for you. And with a support team available 24/7, help is always just a phone call away.
Summary
In the end, the Chase Sapphire Preferred card is more than just a credit card; it’s a lifestyle companion that rewards you at every turn. From maximizing your rewards with Chase Ultimate Rewards to enjoying exclusive cardholder perks, the Chase Sapphire Preferred card offers a wealth of benefits that truly adds value to your lifestyle. So why wait? Start your journey with the Chase Sapphire Preferred card today and unlock a world of benefits!
Frequently Asked Questions
Is Chase Sapphire Preferred Worth?
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