Chase Sapphire Preferred Review: A Must-Have for Any Traveler - NerdWallet
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Chase Sapphire Preferred Review: A Must-Have for Any Traveler

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Chase Sapphire Preferred Review

Chase Sapphire Preferred® Editor's Rating: 4.6 / 5
The Chase Sapphire Preferred® has one of the best sign-up bonuses in the business, potentially clocking in at 55,000 Ultimate Rewards Points. You’ll Earn 50,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. Earn another 5,000 points when you add an authorized user in the first three months and they make a purchase.

The Chase Sapphire Preferred® also offers ongoing rewards and perks that’ll capture your attention. It turns out 55,000 points can be worth a lot more than $550.

Chase Sapphire Preferred®

Apply Now on Chase's secure website

Pros

  • A large bonus
  • No foreign transaction fee
  • Cool factor - metal card
  • Rewards redemption bonus through Ultimate Rewards

Cons

  • Has annual fee
  • Best for savvy travelers

Bonus Offer

Earn 50,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening

Annual Fee

Introductory Annual Fee of $0 the first year, then $95

Intro APR Promotions

None

APR

  • APR: 16.24%-23.24% Variable
  • Cash Advance APR: 25.24%, Variable

Card Details

  • Earn 50,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. That's $625 in travel when you redeem through Chase Ultimate Rewards®
  • Named a 'Best Credit Card' for Travel Rewards by MONEY Magazine
  • 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • $0 foreign transaction fees, plus chip-enabled for enhanced security and wider acceptance when used at a chip card reader
  • 1:1 point transfer to leading frequent travel programs at full value - that means 1,000 Chase Ultimate Rewards points equal 1,000 partner miles/points
  • Travel and shop with confidence with premium Travel and Purchase Protection Benefits, including Trip Cancellation/Trip Interruption Insurance, Auto Rental Collision Damage Waiver, Purchase Protection and more
  • Introductory Annual Fee of $0 the first year, then $95

At a glance
Annual fees Introductory Annual Fee of $0 the first year, then $95
Foreign transaction fee None
Rewards program Ultimate Rewards Points, worth 1 cent each when redeemed for cash back or gift cards or 1.25 cents when redeemed for travel booked through Chase
Sign-up bonus Earn 50,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening
Verdict: When redeemed for travel, the Chase Sapphire Preferred® is among the highest earners out there.
Good for:
  • Someone looking for a large sign-up bonus
  • Someone who flies United, Southwest or Virgin Atlantic
  • Someone who travels and has the Chase Freedom®
Bad for:
  • Someone who wants more flexible travel booking options
  • Someone who isn’t a big spender

We value Ultimate Rewards points at a very conservative 1 cent apiece, but if you redeem for travel through the Chase Ultimate Rewards site, your points are worth 25% more. Award-flight mavens can get even higher rates by transferring their points to airline mile programs. This means that the sign-up bonus is worth more than $625, if you redeem it right.

In this article:

Chase Sapphire Preferred® video review
Chase Sapphire Preferred®: The basics
Ultimate Rewards Points: They make the Chase Sapphire Preferred® special
Where the Chase Sapphire Preferred® shines
Where the Chase Sapphire Preferred® falls short
Bottom line: Should I get the Chase Sapphire Preferred®?

Chase Sapphire Preferred® video review

Chase Sapphire Preferred®: The basics

The Chase Sapphire Preferred® offers 2 points per $1 spent on travel and dining at restaurants and 1 point on everything else.

The card has an Introductory Annual Fee of $0 the first year, then $95 after that, and no foreign transaction fees. There’s also an EMV chip for safer transactions domestically and internationally, making this a great card for all of your overseas excursions.

Ultimate Rewards points: They make the Chase Sapphire Preferred® special

1 cent per point: Standard cash back or gift cards. 

If you want cash or gift cards, you can redeem your points at a rate of 1 cent per point. However, you can get better value out of your Ultimate Rewards points if you use them for travel.

1.25 cents per point: Travel booked through Chase Ultimate Rewards

The Ultimate Rewards Booking Tool is similar to Kayak. You input a departing airport and destination, plus your preferred flight dates and compare prices across several airlines. When it comes time to book, Chase Sapphire Preferred® cardholders have the option to pay in cash or redeem with points at a 20% discount. For example, if you want a $100 ticket (taxes and fees included), you can:

  • Pay $100 in cash
  • Pay 10,000 points (for non-Chase Sapphire Preferred® cardholders)
  • Pay 8,000 points (for Chase Sapphire Preferred® cardholders)

Only the Chase Sapphire Preferred® and Ink Plus® Business Credit Card have this 20%-off perk.

1.25 to 5 cents per point: Transfer to an airline or hotel program

Your last redemption option is to shift your Ultimate Rewards Points to one of Chase’s transfer partners:

  • Airlines:
    • British Airways
    • Korean Air
    • Singapore KrisFlyer
    • Southwest
    • United
    • Virgin Atlantic
  • Hotels
    • Hyatt
    • Marriott
    • Priority Club/InterContinental Hotels Group
    • Ritz-Carlton

As you can see, Ultimate Rewards points hold more value when you’re redeeming with the Chase Sapphire Preferred®. With the exception of the Ink Plus® Business Credit Card, no other Chase card gives the 25% points bump or lets you transfer your points 1:1 to partner loyalty programs.

Keep in mind, if you have the Chase Sapphire Preferred® and another Ultimate Rewards-earning card — like the Chase Freedom® — you can transfer the points you earn on the  Chase Freedom® to your Chase Sapphire Preferred® account and redeem for more than 1 cent per point.

For more information about the redemption options, check out our review of Ultimate Rewards points.

Where the Chase Sapphire Preferred® shines

The Nerds’ love for this travel card runs deep. Here’s why:

High sign-up bonus: You’ll be hard-pressed to find a personal credit card with a better sign-up bonus: Earn 50,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. That, plus the additional 5,000 points you’ll get if you add an authorized user and make a purchase within three months, is worth $687.50 if you book travel through Chase Ultimate Rewards.

Extra points on your dining and travel spending: If you travel frequently, you’re likely eating out often as well. The Chase Sapphire Preferred® has you covered with extra rewards on both purchases. Remember, the dining and travel merchants must be coded as such for you to get the bonus point on each dollar spent.

Access to Chase Ultimate Rewards bonus mall: Online shoppers can also enjoy extra rewards by shopping through the Chase Ultimate Rewards bonus mall. You’ll get additional points on purchases from your favorite stores, including Apple, Starbucks and Nordstrom.

Discounted travel with Chase Ultimate Rewards: A 20% discount on travel is no joke. Let’s say you put $1,500 on your credit card each month, $800 of which is dining out and travel. This will earn you 27,600 points per year, assuming you don’t use the bonus mall for online purchases. That’s $345 of free travel for making your regular purchases. Add that to your sign-up bonus for the first year, and you’re looking at more than $970 in free travel the first year you have the card.

Even better rewards coupled with Chase Freedom®: If you’re spending within the 5% bonus categories of the Chase Freedom®, you’ll enjoy serious rewards by using both cards.

Let’s say you hit the spending caps of $1,500 for 5% categories each quarter. You’ll earn 7,500 points per quarter, or 30,000 points per year. Transferred to your Chase Sapphire Preferred® account and used to book travel through Chase Ultimate Rewards, that’s $375 worth of free travel instead of $300 in cash.

Where the Chase Sapphire Preferred® falls short

The Chase Sapphire Preferred® isn’t ideal for everyone. Consider a different travel rewards card if you’re:

Someone who wants more flexible travel booking options

Barclaycard Arrival Plus™ World Elite MasterCard®

Apply Now on Barclaycard's secure website

Pros

  • High rewards rate
  • 0% on balance transfers for 12 months (must be completed within first forty-five days of account opening)
  • No foreign transaction fee

Cons

  • Has annual fee

Bonus Offer

Earn 40,000 bonus miles when you spend $3,000 or more on purchases in the first 90 days from account opening.

Annual Fee

$89 - Waived first year

Intro APR Promotions

0% on balance transfers for 12 months (must be completed within first forty-five days of account opening)

APR

  • APR: 16.24% or 20.24%* Variable
  • Cash Advance APR: 25.49%, Variable

Card Details

  • Earn 40,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $400 travel statement credit
  • Earn 2X miles on all purchases
  • Get 5% miles back to use toward your next redemption, every time you redeem
  • Chip card technology, so paying for your purchases is more secure at chip-card terminals in the U.S. and abroad
  • No foreign transaction fees on anything you buy while in another country
  • 0% introductory APR for 12 months for each Balance Transfer made within 45 days of account opening. After that, a variable APR will apply, currently 16.24% or 20.24%, depending on your creditworthiness.
  • Complimentary online FICO® Credit Score access for Barclaycard Arrival cardmembers

If you want to book through the travel site that gives you the best deal, the Barclaycard Arrival Plus™ World Elite MasterCard® is a better option. It offers 2 miles on every dollar spent and a killer sign-up bonus: Earn 40,000 bonus miles when you spend $3,000 or more on purchases in the first 90 days from account opening. You can redeem miles for travel statement credit on almost any travel expense, including flights, hotel stays, campground stays, cabs and more. You’ll also receive 5% of your miles back every time you redeem.

The Barclaycard Arrival Plus™ World Elite MasterCard® has a slightly smaller annual fee — $89 - Waived first year — than the Chase Sapphire Preferred®. It has no foreign transaction fees and comes chip-enabled with PIN capability for overseas purchases.

Someone who isn’t a big spender

BankAmericard Travel Rewards® Credit Card

Apply Now on Bank of America's secure website, or call (800) 211-3740

Pros

  • No annual fee and no foreign transaction fees
  • Generous flat rewards rate on all purchases
  • Flexibility to book travel how you want
  • Rewards accelerator if you bank with Bank of America or Merrill Lynch

Cons

  • Not great for travel hackers
  • More restrictive than a straight cash back card
  • If you're a big spender with excellent credit and willing to pay an annual fee, there are cards with higher rewards

Bonus Offer

20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days - that can be a $200 statement credit toward travel purchases

Annual Fee

$0.00

Intro APR Promotions

0% Introductory APR on purchases for 12 billing cycles

APR

  • APR: 15.24% - 23.24% Variable APR
  • Penalty APR: up to 29.99% APR
  • Cash Advance APR: See Terms

Card Details

  • Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire
  • 20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days - that can be a $200 statement credit toward travel purchases
  • Use your card to book your trip how and where you want – you’re not limited to specific websites with blackout dates or restrictions
  • Redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
  • Now with chip technology for enhanced security and protection at chip-enabled terminals
  • 0% Introductory APR for 12 billing cycles for purchases, then 15.24% - 23.24% Variable APR
  • Get an additional 10% customer points bonus on every purchase when you have an active Bank of America® checking or savings account
  • If you’re a Preferred Rewards client, you can increase that bonus to 25% or more. Click “Apply Now” to learn more about Preferred Rewards

If you love travel, but don’t spend enough to justify the Chase Sapphire Preferred®’s high annual fee, the BankAmericard Travel Rewards® credit card is a good option. It offers 1.5 points on every dollar you spend and a sign-up bonus: 20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days - that can be a $200 statement credit toward travel purchases. Points are redeemable for travel statement credit on the travel expenses of your choice. The BankAmericard Travel Rewards® credit card has a $0.00 annual fee and no foreign transaction fees.

Bottom line: Should I get the Chase Sapphire Preferred®?

If you spend a lot on travel and dining at restaurants, and typically fly on one of Chase’s travel partners — like United, Virgin Atlantic or Southwest — this is a fantastic card. You’ll also enjoy the Chase Sapphire Preferred® if you have an authorized user because you’ll get an even better sign-up bonus and if you have and use the Chase Freedom®. If you want more flexibility in booking travel or don’t spend enough to outweigh the annual fee, check out our alternate card recommendations. Now go get your new travel card — adventure awaits.

Erin El Issa is a staff writer covering personal finance for NerdWallet. Follow her on Twitter @Erin_Lindsay17 and on Google+.


Image via iStock.

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  • http://twitter.com/TamTruong Tam Truong

    if i transfer a balance over from another card does that count towards the money i need to spend? does it count towards any points?

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  • http://www.facebook.com/lbrother517 Stephen Stouffer

    I Have this card myself. So far i LOVE it… The card rewards are important and a big part of my decision. But what makes this card that much better is the 24/7 Concierge service that comes with it. I dial number and talk to a real person who is over joyed ( kinda kreepy) but very helpful! Also the Card is made out of metal. Not the standard plastic… kinda nice!

  • Guest

    With Chase’s

  • Gail VanBriggle

    With Chase’s 2% rewards on travel and dining, do hotel stays fall under the category of travel expenses?

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  • Nanda

    So far this card looks very attractive, but there is no mention on additional cards. Are there any additional fees for add on cards?

  • XLeration

    Oh hello. I already have a Chase United MileagePlus Explorer card, but I’m looking for another card with no foreign transaction fee. 1) Is it worth having that plus another travel rewards card like the Chase Sapphire Preferred or the Capital One Venture? I feel like it would be redundant. 2) Should I instead aim for a cash back card like the Capital One Cash?

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  • Linda

    What exactly constitutes “travel” other than airfare purchases?

    • http://www.nerdwallet.com/ NerdWallet

      Hi Linda,

      According to Chase’s website:

      Earn 2 points per $1 spent on travel from airfare, hotels, cruises and rental cars to train tickets, taxis, tolls and more.

      Hope this helps!

  • Steve Smtih

    I have given up on doing any business with Chase. I got the Chase affinity card for IHG. I spent the required amount but no increase in status level and no bonus points, OK, so I call Chase and they say call IHG. I contact IHG and they say (you guessed it) call Chase. One big circle. Have I been scammed? All I know is that when I have taken advantage of offers from AmEx or Citi, there has never been a hassle. The hassle factor with CHASE and IHG is too much.

  • Steve

    Hi there – I’m almost at the trigger point to either get the Sapphire Preferred Card or the Barclay Arrival World Master Card. From what I can tell these cards are pretty neck in neck?! Can you provide me your professional opinion on what card edges out the other? I also have heard from a previous Chase employee that Chase won’t even offer you a card unless you have a 750 or higher score which is where I’m at now. I dont know too much about Barclay. My other big question is I have 20,000 points on my USAA Amex along with a small $1,500 balance. Will I be able to transfer all my points onto either the Chase Sapphire Preferred Card or the Barclay card or will I only get points from the balance tranfer soley??

  • louise von Hasseln

    Thanks for all the info.! I’m still confused about one difference between Capital One and Sapphire Preferred. Can both be used on other airlines, such as Virgin America? Where does one find a list of participating Airlines?

    • http://www.nerdwallet.com/ NerdWallet

      Hey Louise,

      Capital One miles can be used against any travel expense – any airline or hotel, as well as gas, car rentals and other travel purchases. Chase Sapphire Preferred miles can be transferred to any one of the programs seen here. Hope this helps!

      Anisha

      • louise von Hasseln

        Thanks so much for the info.!!! I’ll look into it!

  • Tiff Duncan

    Hi,

    I used to have the Chase Sapphire Preferred. Then I downgraded to the fee free card. I still have the card now. Will I ever be able to get the sign up bonus again? Like, can I cancel my card, sit out a blackout period, and then apply after 12 months and get the bonus again? Thanks!

    • http://www.nerdwallet.com/ NerdWallet

      There’s almost no chance, unfortunately – they exclude you from getting the bonus if you’re a previous customer. From the Sapphire Preferred terms and conditions:

      This one-time bonus offer is valid only for first-time cardmembers with new accounts. Previous and existing cardmembers/accounts are not eligible for this bonus offer.

  • Tiff Duncan

    Hi,

    I used to have the Chase Sapphire Preferred. Then I downgraded to the fee free card. I still have the card now. Will I ever be able to get the sign up bonus again? Like, can I cancel my card, sit out a blackout period, and then apply after 12 months and get the bonus again? Thanks!

  • John Parker

    Do you know if foreign transactions also earn points? So, if I use my card at McDonald’s in, say, France or India, will I also earn 2x the points on the dollar equivalent of the total amount?

    • http://www.nerdwallet.com/ NerdWallet

      Yes and no. You’ll earn the base rewards rate at the current exchange rate, so if you make a purchase of 1 euro and the exchange rate is 1 euro to $1.32 USD, you’ll earn 1.32 Ultimate Rewards Points (1 point per $1).

      However, bonus rewards is based on how the merchant categorizes itself. If a merchant tells Visa (or Amex, or MasterCard, or Discover) that it’s a restaurant, you’ll earn 2 points per $1 spent. But foreign merchants typically aren’t as good about categorizing themselves in the American system as stateside retailers. So chances are you’ll only earn the base rate overseas, even if you’re at a restaurant.

      • John Parker

        Thanks.

        I have another question – although you may not know the answer unless you have used the card internationally: How is the exchange rate for foreign transactions? Of course, there is no foreign transaction fee; however, banks can be sneaky and instead make money by offering a not-so-competitive exchange rate, can they not? I suppose I could compare Chase’s exchange rate for a transaction with that of the market the next time I travel abroad.

  • John Parker

    Do you know if foreign transactions also earn points? So, if I use my card at McDonald’s in, say, France or India, will I also earn 2x the points on the dollar equivalent of the total amount?

  • Tong Ung

    can someone help me please, how do i se my online statement
    my mail tongung@hotmail.com
    thank you tong

  • M S

    What are different ways to redeem the points? Is it possible to pay with points back to card or use points to purchase at amazon?

  • M S

    What are different ways to redeem the points? Is it possible to pay with points back to card or use points to purchase at amazon?

  • Ann

    I’m planning a Mediterranean cruise for next summer. Currently only have SW Visa card (which is great for travel on SW, btw). Since SW doesn’t fly to Europe, I’m thinking of getting a Sapphire Preferred, use it to for the points, etc and pay for flight cruise, etc. That way, I can fly any airline to Europe and earn points on both the flight and the cruise. Am I missing something or do you agree this is a good plan?

  • Suri

    I recently activated a Chase Sapphire Preferred account. My question is whether or not I am eligible for 40000 bonus points? My wife has a credit card balance of $1500 and if we transfer the balance to Chase Sapphire Preferred and spend the rest $1500 in the next three months. And if I pay off the balance on time then, would I be getting 40000 bonus points? Just want to know if transferring one company credit card balance to Chase Sapphire Preferred account will be considered as $3000 spending? Thank you in advance.

  • Kelly Swendiman

    Hi, what do you mean by a purchase that falls within a 5% category?

  • Jeremy L

    Hello any and all wallet nerds. I thinking of going for the Sapphire preferred. I have 3k cash to spend in my account right now. Can i transfer that money to my sapphire card then take that money and purchase an investment such as some gold coins to cover the $3000 and then turn around and sell the gold coins back and cover the $3000 spending requirement. That way i could spend and meet the reqirement but not actually “spend” any money….Or does the money have to be spent on non investment type options?

  • Chris M

    How long does a points transfer, say, to United take? I wouldn’t plan a transfer unless necessary to book a flight using miles, so am I going to need to do that weeks or months in advance?

  • http://patik.com/ Craig Patik

    I just got approved online and the card is on its way. I want to book plane tickets as soon as possible. To make the most of the points, do I need to wait for $3000/90 days to get the 40,000 points first, or can I buy the tickets as soon as I get the card?

    Will I get the 40,000 points as soon as I spend $3000 (i.e. the first month) or do I need to wait the whole 90 days?

  • Frankeenfurter

    Hi all,

    I will be getting this card soon. I would like to know if any of you have suggestions to get around the 3k mark? I’m talking about less risky maneuvers. No I will not go out and buy gold coins just to turn around and sell them. If you buy something and then return it, does that count toward the 3k mark? I’m thinking that I will put this to use for car repairs and work clothes etc. I’ve read a lot of stuff on here, but it would be nice to hear about some legitimate strategy.

    Thanks

  • Nate

    Note that there’s an alternate offer for the Chase Sapphire Preferred card that earns 50,000 Ultimate Rewards points after you spend $3K (instead of 40,000 points). Found it here:
    http://frequentflier.com/forums/viewtopic.php?f=4&t=5826

  • COl

    Can you compare Chase Sapphire to the Chase MileagePlus Explorer card? My daughter is studying in Ireland and will be traveling abroad, looking for a card that does not charge foreign transaction fee.

  • Alex

    Hi! I’m about to get mine. I dine out fairly frequently and travel a couple times a year, I’m not a BIG spender, but I do try to live as well as I can. What do you mean that this is only good for the short and mid term? could you elaborate? any more advice on my current (albeit vague) situation? Thanks!

  • beccasung

    I want to take advantage of the Chase Sapphire Preferred sign up bonus worth $500 because I’m going to Asia in June. Can my plane ticket be part of the $3k I need to spend in the 1st three months or would I be missing out on the benefit? I figure I’d eventually see the $500. However, if I can spend $3k before I buy my plane ticket, would I be saving more on the ticket (considering all the additional benefits/features for Sapphire Preferred card members)?

    Also, this is amusing that I just need to spend $3k, and I don’t have to wait the full 3 months to take advantage of the bonus.

  • CharlieSt.Cloud

    I’m confused, this is on your list for best cards for people who dine out and gives 2X points per dining dollar. Why is it marked as “BAD FOR: Someone who spends more on dining out than on travel”?

  • Artur Veliu

    Chase Sapphire Preferred vs American Express® Premier Rewards Gold Card ?

  • dawn

    can I get the 40, 000 if I had another CHASE card before, not he Saphire Preffered, but the United Airlines card

  • dawn

    Can you buy gift cards to get upto the $3000

  • Justin

    Hi, quick question about eligibility for the signup bonus. I’ve never had the CSP before, however I do have an Amazon Rewards card from Chase and my mortgage is through them. The wording in the terms (This one-time bonus offer is valid only for first-time cardmembers with new accounts. Previous and existing cardmembers/accounts are not eligible for this bonus offer.) has me a little worried that I might not be eligible.

  • francesgg

    Do balance transfers count as amount spent in the first 3 months? What would an interest rate on balance transfers be?

  • Yoshy

    Is initial 40000 bonus can be used for cash back? Or, can be only used for travel?

  • Samantha

    I have a Chase Southwest Airlines card and just got approved for the Sapphire…did I read that I should transfer my Southwest points to the Sapphire?

  • Tim

    I see that Southwest is one of Chase’s transfer partners, but do CSP points transfer 1:1 to Southwest Airlines Rapid Rewards Points?

  • Sarah

    I have a United Mileage Plus card from Chase. If I apply and am approved for the Chase Sapphire, would I be able to transfer my award miles over to the Chase Sapphire. I usually fly out of Philadelphia and United doesn’t have a main hub there so nonstop flights with my award miles are virtually impossible to find usually. I am looking for a card that I would be able to more easily use my reward miles.

  • Justin Sunseri

    I have the Southwest Companion pass this year thanks to southwest’s 50,000 bonus miles promotion again. would it be possible for both of us to sign up for the sapphire card and get the 40,000 mile bonus then both of us transfer to a common hyatt rewards account and then transfer to my Southwest Rapid Rewards account? That would put me within easy striking distance of a second year of companion passes!!

  • ian

    how will i sync my sapphire to my chase accnt? i cant see it in my chase account …

  • Erin Kimble

    Can you use points for partial payment of a ticket if you don’t have enough points to cover the whole thing?

  • Krati

    Hi, I just got the chase sapphire card and I am planning to cancel the card already. The thing is , this card is not good for long term use when you do NOT travel a lot. I spend mostly on gas, groceries, shopping throughout the year and I would just get 1 point for spending on those categories. I travel once a year internationally. If I use my 40000 bonus miles one year and start from scratch with this card the next year, I will never be able to accumulate points that could buy me a $1000+ ticket to Asia. As a normal person, I would only spend $20,000 annually on a credit card. $20000 would give me just 20-25K points with CSP(max). That is not enough points to buy me a $1000+ ticket to anywhere. And I would not use points to buy a $200-300 ticket for domestic travel.
    If a person travels a lot , then Chase Sapphire is a useful card for him/her. Otherwise, I wouldn’t suggest anyone to buy this card for everyday spending because you can get 1 point per dollar you spend on a lot of no-fee credit cards as well. Thoughts and opinions welcome.

  • mt45

    Will Chase cancel my Mileage Plus Select Card if I apply for either the Sapphire preferred, or the Explorer? I know the Select card is on grandfather status at this point, and I want to keep it and its spending/miles rates as long as possible.

  • http://www.alphabetcityblog.com/ Jeff

    I signed up for this card after hearing good things about it but am now having a hard time using my UR points in a way that makes financial sense. I often use my AMEX points to transfer to ANA, which I realize I can’t directly do with UR points (this already makes them less valuable to me). United, the only Star Alliance partner that Chase offers, charges far more miles for the same flights on ANA than ANA themselves do (I mean like 200% more). These same points would be worth 7.2 cents each on ANA but only about 2 cents each on United – for the same flight! Is there any reasonable – even if roundabout – way I can get my UR points into my ANA account?

    Once I figure out what to do about the points I already have, I’m probably going to just cancel the card – Chase just doesn’t have enough travel partners. I feel like there’s too much emphasis with this card on ways to accumulate points, and not enough on ways to actually use them.

  • Norm

    Will CSP provide checks that can be written? i.e. write a check to charge to the card and receive credit towards the 3k? I want to use it for my mortgage.

  • Norm

    Can someone also please explain how to effectively use Amazon payments to satisfy the $3000 requirement? Is it worth it to add my wife as the authorized user? This is primarily a card that I will use for my business and I don’t want to mingle charges. I’m not familiar with rewards credit card strategies and don’t understand the significance of the additional 5000 points.

  • shaun

    Doc Credit – I want to use card for mostly restaurant dining, some travel, some entertainment (tickets), some gas, and a few other miscellaneous. Chase Sapp Preferred x Amex Gold x Barclays Elite – what is the best option. I do travel quarterly but almost always domestic, I typically fly Southwest when I fly.

    Opinion for best rewards for dining options? I spend approx 3k per month on the above items.

  • Jesse

    My fiancee and I are planning our wedding, a year away. I read that we should get a rewards card to get points for any expenses we incurred during the wedding process. What do you recommend? I would like a credit card with miles because we have a lot of family all over the US and in Canada so I would assume it will come in handy once we have to visit family.

  • gmr2468

    Hi, Which travel site does the Chase Sapphire use when redeeming points; Orbitz, Expedia, etc.

  • Ralph

    I just got a Chase Sapphire Preferred and have had a Chase Disney for many years. Can the rewards earned on CSP transfer to the Chase Disney?

  • http://www.nerdwallet.com/ NerdWallet

    Hi Ralph,

    Only some of Chase’s cards allow you to transfer points. They have some FAQ regarding Point Transfers on their website, but ultimately you will need to call the number on the back of your card to confirm: https://www.chase.com/index.jsp?pg_name=ccpmapp/shared/assets/page/UltimateRewards_FAQ

    Hope this helps!

  • http://www.nerdwallet.com/ NerdWallet

    Hi @gmr2468:disqus,

    You can redeem the Chase Sapphire points using Chase’s travel booking tool. You can find it on the Ultimate Rewards site, and we’ve found that it’s similar to Orbitz, Expedia, etc. and has competitive pricing. You can also transfer points 1:1 to several airline programs and book directly through them, but you won’t get the 25% additional points like you do when you book through Chase.

  • Phoebe

    Chase converted my Chase Rewards MasterCard to a Chase Sapphire Preferred. Any idea if the 40,000/$4,000 bonus applies to me?

  • Joey Lei

    cash+ dropped restaurants as of 2015 (now only has fast food) – thinking about the sapphire – but i dont have a chase freedom (annual fee are no no for me since i have a bunch of diff cards and also the citi double cash back. Any advantage to chase sapphire preferred for one year then sapphire regular)?

    • Frank F.

      Go with the AARP Chase card, it’s 3% cashback restaurants. No, you don’t have to be an AARP member. The regular sapphire doesn’t exist anymore.

  • Artie

    To get the 5000 bonus miles for adding an authorized user in the first three months, does the authorized user need to make a purchase or is simply adding them enough?

  • rpm

    I have a legacy USAA Eagle Points card. While no longer offered to new customers we keep it for the following reasons: $40 annual fee and a points multiplier that gets you $800 of coach fare class tickets for 50,000 points, i.e., $500. If you spend enough, the real leverage is 120,000 points ($1200) for a first class ticket valued at $3200. There is a three year age-out on the points, but this still seems better than any of the other Chase or Barclay travel cards. You do really have to watch the travel agency they use for bookings as they won’t normally show best fares, but with some work, it’s been of great value. Should I keep it or change?

  • Amy Brown

    Are there any restrictions on the hotels? Such as when the say Marriott, it is good for all Marriott hotels or are there restrictions? I was thinking of getting a Marriott rewards card because I already have an airline reward card and what a hotel rewards card. Does the Chase have better rewards or the Marriott rewards if that is what I would be using it for?

  • Ashatan

    I have a Chase Fairmont card and love the benefits that come with it, however would also like to get the Chase Sapphire Preferred card. I have concerns that if I apply for Sapphire Preferred, they would simply convert my existing Farimont account to Sapphire Preferred. Is it possible that they might do it? I tried asking customer service about it – but it took me nowhere. Any experience on anyone able to have both cards? Also, will I be able to transfer points I accumulated on my Fairmont card to Sapphire Preferred back and forth like with the Freedom card? Thank you in advance.

  • Jagir Jhaveri

    I have been really considering this card. I like whatever is cheap so I am not loyal to an airline or hotel. I have compared Chase pricing with Kayak, Orbitz and ITA and I have always come out ahead. For example I was looking at flights EWR-AMD 4-18 to 5-23. Booked for 942 on Orbitz and Chase had it listed for 1119. Anything you would like to suggest that I am missing? Of course the 25% will make up for it but raising the price and giving discount is not what I am looking for rather matching the price and giving discount is what is expected.

  • Paul

    I shop best fares on ITA or even the airline website. If I cannot find an identical itinerary on the Ultimate Rewards Travel website then I speak with an UR travel agent, provide them my flight numbers and they pull up the lower fare.

    In other words, even though the website search provides some low fares, it does not always display all of the low fares and a UR travel agent is a must at those times.

  • Paul

    There is no longer a regular Chase Sapphire.

  • Ambuj Punn

    A friend who has this card showed me that it also gives 3 points per $1 spent if you book travel through Chase. Is this true? Because I can’t find that anywhere online.

  • Ed

    This card is awful. I signed up a few months ago and received my first statement with charges of $4,500. I paid $4,300. On my next statement, I was charged about $180 in interest. On my next statement, it showed my new charges of about $15,000 AND INTEREST OF $185!!!!! Because I left a balance on my last statement, Chase charged me interest on my purchases even before I got a statement for them (for the $15,000).
    I called Chase and they verified that if I charge $2 in one month and pay $1, for the next month if I charge $30,000 in purchases, they will assess interest on the $30,000!!!!!

  • texasgingerbread

    Hi, I already have this card. About to go to Disney World but am booking through a travel agent. Will I get 2x travel rewards via travel agency? Also if I book through travel agency will I still get travel insurance benefits from the card? I used miles to book airfare at britishairways.com.

  • Callie

    Horrible experience with customer service today with this card. Denied with a score of 740, but the average age of accounts is 3 years (longest account open is 6 years.) I understood the reason for the denial but I cannot understand the customer service rep treating me like a joke because of it?

    He explained that “we cannot approve you today because quite frankly, all you have is a few store cards and a short history.” I was a little confused at that point because my longest card open is a Capital 1, which is not a store card. He asked if I had any questions, and I asked how long I should wait before I’d have an appropriate length of credit history to apply for this kind of card and he laughed and replied “I’m not really here to give credit advice.”

    I’m sure this is a great card and I would have happily waited a few years until my history was more established or applied for a lower level card, but the experience with customer service has unfortunately scared me off of Chase cards.

  • Brian Pan

    Of the three, is any one better than the other two? CSP, Slate or Freedom?

  • Albert Qian

    Hate that I actually saw this after the fact. I own the sapphire preferred and the bank Americard — and I am a frugal spender. In fact my credit spending averages $300-400 per month (never above $800-1000 unless something odd or major happens) and so I’m worried about the cost of the sapphire card being justified or even hitting the $4000 threshold.

    Anyone have any tips? Cancel the card? Do something else?

  • wade

    Is the Chase Sapphire Preferred a Visa or MasterCard. I can’t find that information anywhere. thanks.

  • Colorado_Al

    Here’s where this card really shines. If you have a spouse that you travel with you can accrue miles for the Southwest Airlines Companion Pass. Sign up for this card and make your spouse the authorized user. once you spend the required $4000 + 1 purchase from your authorized user, you get 45000 points, + the 4000 points per $ spent = 49000 points. You’ll likely have more as you get double points for dining out and travel. So say 50000 points. Then have your spouse apply for the card and make you the authorized user and earn another 50000 points. Now you’ll have about 100000 points. all you need to do is earn 10000 more through purchases or travel on Southwest and you will earn companion pass status. The best part about this is that the Southwest companion pass status is conferred for the remainder of the year you earn the credits and the entire following year. So, spend 6-8 months gathering your Chase points to a total of 110000 on the cards combined. Then, on Jan 1 of the following year, transfer them all to 1 Southwest Rapid Rewards account. You will then have earned Companion Pass status on Southwest on the 1st day of the year. Designate your spouse as your companion and they fly free whenever you fly. Use your 110000 miles to book free tickets for yourself and the companion pass to book for your spouse and fly for free for the next 2 years!

  • Brad

    Many travel reward cards give you an anniversary bonus that more or less cancels out the annual fee. can anyone confirm there isn’t one with the Chase Sapphire Preferred? If not, that should probably be listed as a “con.”

  • Salman Liberty

    I just got approved with $5K credit line with a credit score of 720. You will have to spend a lot to get the 40,000 points. Does anyone know if using this card for bills and car insurances still gives you points?

  • kevinlau

    Is it possible to transfer Sapphire points to Freedom, then transfer from Freedom to a new Sapphire account?

  • mxc

    I was approved for 5k with only a 670-690 score; instant approval!

  • geekygirlfriend

    Do points = miles??

  • Peter

    The Discover It Miles card points are more valuable than the Chase Sapphire for the first year.

  • Joe

    In order to get the 40,000 promotion, would using the card for buy a gift card or amazon credit work?

  • Ed

    can I use the card at banks/ATMs to get cash out? Or would I need to use a bank/debit card for that? If I can use it to get cash out, does that mean the ATM fees are waived as well? Thanks for your help

  • Ed

    My original plan was to spend yearly around $5000 – $7000 on a travel to Europe. Would that be a good amount for this CC and would this CC be a good fit for my needs? How much do I need to spend? Thanks

  • Roseann

    How does this card compare to Chase Ink?

    • http://www.nerdwallet.com/ NerdWallet

      Hi Roseann – The Chase Ink is a business card product and the Chase Sapphire Preferred is a consumer card product. The Ink is a great product for people with a business and are looking for great rewards. The Sapphire Preferred is one of our favorite cards for people looking for travel rewards and the metal card really stands out.

  • kristine

    Quick question-is this card able to be used to purchase airline tickets to New Zealand? Attempting to plan a trip that way and would like to have a credit card with the best benefits towards flights!

  • Praise

    Can I use this card to purchase tickets to Bogota, Colombia? Can you fly through American Airlines or Delta?

  • Praise

    Ok so 1.25 cents/point means 40,000 pts. will get you what? how many dollars in airfare? $50,000 worth of airfare does not seem right to me… Hopefully I am not the only one wondering this or someone can help me out (obvious newbie over here). Similarly, when it says for United 1 pt=5 cents, what does that mean?

    • Dave A

      1.25 CENTS per point, not 1.25 DOLLARS. That should help clear things up.

    • Erika

      40,000 Points is usually worth $400/450 dollars but with the new promo at account opening it should be well about $500 .

  • Latisha Humphres-Robles

    Be ware company steals your money they transfered over 800$ of my points and will not transfer them back and now me and my family is with out .. Don’t get the card or this company …

  • Mama_Fish

    “… if you redeem for travel through the Chase Ultimate Rewards site, your
    points are worth 25% more. Award-flight mavens can get even higher rates
    by transferring their points to airline mile programs.”

    Does this mean it’s better to transfer the points to Southwest, then book your flight; NOT book through Chase?

    We are planning a trip for 7 people, so I’m hoping to get Southwest cards and Sapphire cards for dh and myself. I already have a SW RR account.

  • Humberto Fleites

    What payment network or what type of card is the chase sapphire preferred card? Is it a MasterCard or Visa, I can’t seem to find this out on any website. Also if I am predominantly an AA flyer and usually stay at Hiltons, would you guys still recommend this card?

  • threesheets

    We have this card and use it for almost every point of sale transaction in our household. We could not be MORE happy with this card, the service Chase Sapphire Preferred provides, and the points. Well worth the $95 dollar annual fee.

  • Tony

    I’m new to the transferring miles, i have a Southwest CC and i think i am getting 1 mile per dollar spent. If i get a Chase Saphire, would i get 5 miles for every dollar spent by transferring the miles to the Southwest partner program?

  • jc18630

    So it says that the sign up bonus of 40,000 points is worth about $500 worth of travel. But someone else below, and one of my friends told me that 1 point can be redeemed for 1 mile. That would be worth a whole lot more, obviously. Can someone help me understand. Thanks!

    • Stupidog

      Miles on a card don’t equal physical miles. For example, a standard ticket on United from Denver to Baltimore costs 25,000 “miles’ one way. So a round trip ticket would cost 50,000 “miles”. Each carrier labels it differently (some call it points, some miles, etc) and at varying cost.

  • http://teens.boulderlibrary.org/ Crystal the Teen Librarian

    How can I spend the $4000 in 3 months? I’m about to embark on a year or two of world travel, but I will be traveling frugally, hostels, backpacking, couch surfing, etc.

  • NM

    If I transfer 1000 dollars from another credit card and pay it off on the sapphire will I get the points on the sapphire?

  • Choey

    Barclay is hands down the better card in terms of flexibility in using rewards points than Sapphire. I was out of the country and paid my sapphire balance late. They put my card on hold, as well as my points set back at zero even after I paid off my entire balance. When I called in to ask about my points, they told me my points wont be available until the next statement cycle, Dec 20th. No way to override such dumb technicality after 20 mins on the phone. I don’t understand how the main selling point of the card is the rewards, yet they employ such rigidity and restrictions on using points. With Barclay the points can be used retroactively with the same transaction being added towards your points and u don’t have to go through its site to book, but as for Sapphire u need to not only have the points in advance to book but that transaction won’t get added to your points because u have to use the points to book through its limited partnered sites. I’m sticking with Barclay, but wish it gets a makeover with a sexy metal card!

  • Surbhit

    I spend around 1000$ a month on Credit Card (including bills). If, I am not able to spend 4000$, I would loose 50000 sign up bonus points.
    To solve the issue – Can I use Sapphire Card to buy Gift Cards (Example: WalMart, Target, Amazon Gift Cards). Would spends on Gift Cards be counted towards initial purchase of 4000$ if done in first 3 months?
    I can use Gift Cards after 3 months for my normal day-to-day shopping

    • http://www.nerdwallet.com/ NerdWallet

      Hi there, thanks for reaching out to NerdWallet! The minimum spending requirement for the signup bonus is based on purchases made in the first 3 months of account opening. If you have further questions, please feel free to reach out to support@nerdwallet.com!

      • Surbhit

        Does Gift Cards considered as purchases?