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    NerdWallet review

    By Erin El Issa

    Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

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    One of our favorite travel cards on the market, the Chase Sapphire Preferred® Card offers 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining, select streaming services and online grocery purchases, 2X points on all other travel, and 1 point on every $1 spent on everything else. Each year, cardholders get a $50 credit on hotel stays purchased through Chase Ultimate Rewards®. It also has a signup bonus worth telling your friends about: 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 Travel℠.

    Points are best used for travel — either through the Chase Ultimate Rewards® site at a rate of 1.25 cents per point, or transferred to one of Chase's travel partner programs at a rate of 1.25 to 5 cents per point.

    The Chase Sapphire Preferred® Card has an $95 annual fee, and no foreign transaction fees.

    For more information, check out the full review of the Chase Sapphire Preferred® Card.