How Do I Know If the Chase Sapphire Preferred Card Is Right for Me?

Rosemarie ClancyFeb 8, 2019

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If you like to travel and dine out often, the  could be a great fit for your lifestyle. You get 2  points for every $1 spent on travel and restaurant expenses, and 1 point per dollar on all other purchases.

The ’s generous sign-up bonus and flexible points redemption options across airlines and hotels both make this card a top pick for travelers.

The card’s current welcome offer is nothing to sneeze at:

When you redeem your points through Chase’s travel-booking portal, each point is worth 1.25 cents. Keep in mind though, redeeming the points for cash or gift cards will only yield a value of 1 cent per point.

Chase Ultimate Rewards® can also be transferred to certain airline or hotel rewards programs. Chase partners with nine airline programs where points transfer at a 1-to-1 ratio, including: Air France KLM Flying Blue, British Airways Executive Club, , and . Hotel partners include  and .

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Another convenient thing about the Chase Ultimate Rewards® program: The points don’t expire. However you earn them — including through any one of the — they’re yours as long as your account is open.

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There are also no blackout dates; as long as a flight is available in the travel portal, you can book it. That means you don’t have to worry about finding award availability on a specific airline. There are no foreign transaction fees on the , and the card also offers premium travel protection benefits.

The ‘s annual fee is . If you spend a lot on travel and dining, it’s worth holding long-term for the point-earning ability in those categories and the 20% discount through the Chase portal.

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the , including those best for:

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