Rewards
Chase Sapphire PreferredSM earns 2X points on restaurant purchases (including fast food, fine dining or takeout) and
2X points on travel, plus 1X point per $1 spend on other purchases. There is no limits on how much double rewards
cardholders can earn and rewards never expire. Points can be redeemed for cash, gift cards, merchandise, travel or
transferred to participating frequent traveler programs. 7% annual dividend bonus will be provided on points have been
already earned.
Chase Sapphire PreferredSM members receive exclusive access to unique events and experiences such as sports events, concerts,
vacation deals and more.
Additional promotional offer for new members is 40,000 bonus points after they spend $3,000 in 3 months,
that's $500 toward travel!
Interest rates
Chase Sapphire PreferredSM credit card does not offer introductory offers
on balance transfers and purchases. The ongoing variable interest rate is 15.24%.
Chase Sapphire PreferredSM benefits
- Earn 40,000 bonus points after you spend $3,000 in the first 3 months - that's $500 toward travel rewards!
- 2 points per dollar spent on travel and at restaurants & 1 point per dollar spent on all other purchases.
- Get 20% off airfare, hotels, car rentals and cruises when you book through Ultimate Rewards(SM)
- No foreign transaction fees
- Receive a 7% annual dividend on all new points earned - even on points already redeemed
- 1:1 point transfer to participating frequent travel programs
- Direct access to expert service advisors anytime
- No Annual Fee for your first year - A $95 value
Chase Sapphire PreferredSM pros
- 40,000 bonus points
- Annual bonus points
- No foreign transaction fee
- 2X points for food and travel with no limitations
- 1 point per $1 on all other purchases
- Points redeemable to participating frequent traveler programs at a 1:1 value
- Exclusive access to special events
- No annual fee for the first year
Chase Sapphire PreferredSM cons
- Annual fee after first year
- No introductory offers
Chase Sapphire PreferredSM review summary
Chase Sapphire PreferredSM, one of the
most prestigious credit cards offers unique
travel and restaurant rewards. It is designed for people with excellent credit who would like to participate in travel and restaurant reward
programs.
Because of its high rewards for restaurant purchase with no limits and expiration the Chase Sapphire PreferredSM
is one of the best
restaurant rewards credit cards.
Cardholders earn double points per dollar every time they use card to pay for fine dining, fast food, takeout as well as they
receive 2X points for flights and hotels, taxis and rental cars, trains and cruises, and get 1 point on per $1 spent on all other purchases.
There is no limit on how much points you can earn and points will never expire.
In addition, card members will receive annual 7% dividend on points they've already earned. Points can be redeemed for travel,
merchandise, gift cards, cash back or unique experiences. There are no travel restrictions or blackout dates when you book
with Ultimate Rewards. Moreover, when vacation is booked through Ultimate Rewards with Chase Sapphire℠ Preferred
cardholders use 20% fewer points then with other cards.
Another great opportunity is transferring earned points to participating frequent traveler programs at a 1:1 value.
Together with no foreign transaction fee and bonus points for new cardholder it makes Chase Sapphire PreferredSM card
very attractive offer for frequent travelers.
Chase Sapphire PreferredSM is one of the
best travel credit cards.
Apply for Chase Sapphire PreferredSM via secure online application
Chase Sapphire PreferredSM
The review of the card was updated on 3/31/2012.
Some information may have changed since that date.
We strongly suggest that you carefully read the Terms and Conditions statement that
accompanies credit card applications. Rating: 5
Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author's alone,
not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express.
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