Reviews

Chase Sapphire Preferred credit card full review

This is a full review of the Chase Sapphire Preferred, one of the best travel credit cards in the matter of rewarding. Read this article to learn more about it!

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by Julia Bermudez

Published on 02/15/2022

Chase Sapphire Preferred credit card: the travel card that gives you a lot of rewards

The new design of the Chase Sapphire Preferred credit card. Source: Chase.

If you’re looking for a travel credit card that gives you a lot of reward points, the Chase Sapphire Preferred credit card is perfect for you.

It is one of the favorite cards among travelers that want to take the best advantage of their credit cards.

Do you want to know how to explore all of its benefits? Keep reading this full review to learn more.

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How do you get the Chase Sapphire Preferred card?

The Chase Sapphire Preferred Card will give you a lot of rewards to travel the world. Learn everything you need to know to apply for it right now!

Credit Score690 or higher
Annual Fee$95
Regular APR15.99%-22.99% Variable
Welcome bonus60K bonus points after $4,000 spent in the first 3 months
Rewards5x points on travel purchased through Chase Ultimate Rewards
3x points on dining at restaurants
3x points on select streaming services and online grocery purchases
1 point per $1 spent on all other purchases

How Chase Sapphire Preferred credit card works?

The Chase Sapphire Preferred is a travel credit card. You’ll get many reward points if you use it to buy your tickets and book hotels.

But it is also an excellent card for daily use. You receive points for every purchase you make with the card.

If you pay attention to calculating the points and how they work, you can get hundreds of dollars worth in rewards. That justifies the $95 annual fee.

The welcome bonus is really attractive. The 60,000 points can value $750 if you redeem them through Chase Ultimate Rewards.

Chase Sapphire Preferred Credit card pros and cons

Chase sapphire preferred credit card
Should you get the Chase Sapphire Preferred credit card? Source: Freepik.

If you want to know more about this card’s features, check out the list of its pros and cons!

Pros

  • Excellent welcome bonus, with high potential value
  • One of the bests Reward Points programs among travel credit cards
  • The rewards, credits, and discounts can pay off the annual fee
  • No foreign transaction fees

Cons

  • It doesn’t give cashback, as it has its own reward points program
  • The annual fee of $95 is worth it only if you use the card often to get enough points to redeem
  • If you have already received the welcome bonus on any other Sapphire-branded Chase credit card, you can’t receive a new one within 48 months. And the welcome bonus is one of the best benefits of this card

What credit score do you need to have?

You’ll need an excellent credit score. This is not an easy card to be approved, and the recommended is that you have a credit score of 690 or higher.

If you’re not there yet, you can learn how to build your credit score to get your travel credit card. You can start with lower-range credit cards that are usually easier to get approved.

How to apply for Chase Sapphire Preferred credit card?

The Chase Sapphire Preferred card is perfect for you who love to travel. We have an entire article about this if you’d like to apply. Check the link below, and don’t waste any more time. Apply for it!

Logo Chase fundo azul

How do you get the Chase Sapphire Preferred card?

The Chase Sapphire Preferred Card will give you a lot of rewards to travel the world. Learn everything you need to know to apply for it right now!

About the author  /  Julia Bermudez

Julia Bermudez is a writer here on this portal. Since childhood, writing has been a passion, and her curiosity for different subjects led to this profession. Julia has a degree in Cultural Production, and her subjects of most significant interest are health, finances, and self-development.

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