MICHAEL MCHUGH

Chase Sapphire Preferred Credit Card Review: Pros, Cons, and Everything in Between

Chase Sapphire Preferred 2023

Chase recently increased the welcome offer on card_name. This offer allows new card members to earn 60,000 Chase Ultimate Rewards points after spending $4,000 on the card in the first three months from account opening.

In this article, we will discuss the key facts and figures about the card, its benefits, and reasons why you should apply.

Welcome Bonus

New card members who are approved for the card_name earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Ultimate Rewards. These points can also be redeemed for travel, merchandise, or cash back.

Travel Rewards

The card_name earns 5x points per dollar on travel booked through Chase Ultimate Rewards, 3x points per dollar on dining, and 2x points per dollar on travel purchases.

Points can be redeemed for travel at a value of 1.25 cents per point, which means that 60,000 points are worth $1,000 in travel.

Separately, points can be transferred to Chase’s hotel and airline partners. The points transferred to these partners, like Hyatt, United, Singapore Airlines, and Virgin Atlantic, can be used to book hotel stays and airfare with these loyalty programs.

Cardmember Benefits

The card_name offers a variety of cardmember benefits, including:

  • A $50 annual hotel credit for a hotel stay booked through Chase Ultimate Rewards
  • Trip cancellation/delay insurance
  • Auto rental collision damage waiver
  • Lost luggage insurance
  • Complimentary DashPass from DoorDash
  • 10% annual points bonus

Reasons to Apply

The card_name is generally considered one of the best all-around starter cards in the travel rewards space. Some of the primary reasons to consider adding this card to your wallet include:

  • The earning rates on the card with this annual fee are among the highest in the market.
  • The card offers a 10% annual points bonus based on the amount spent on the card.
  • The card comes with a $50 hotel credit for a hotel stay booked through Chase Ultimate Rewards.

Conclusion

With its generous welcome offer and impressive benefits, the card_name is a great choice for those looking to maximize their travel rewards. The ability to earn a solid welcome bonus and earn bonus points in relevant categories as well as the ability to redeem points with some of the best loyalty programs in the travel space makes this card one of the best in the market.


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