![\"The](\"https:\/\/media.nomadicmatt.com\/2024\/cspreview.jpg\")
<\/p>\n<\/p>\n
Since its launch in 2009, the Chase Sapphire Preferred Card has been winning awards for being one of the best travel rewards cards.<\/p>\n
And for good reason – you can’t really go wrong with this card. It always has a solid welcome offer, great ongoing rewards rates, valuable transferrable points, and a host of perks, such as comprehensive travel insurance. <\/p>\n
Unlike a lot of travel cards, which continue to roll back benefits and increase annual fees, the Chase Sapphire Preferred continues to get better with age. Over the years, Chase has increased some of its earning categories and added perks to the card, all without upping the annual fee. <\/p>\n
Because of all this, the Chase Sapphire Preferred remains one of my favorite travel cards<\/a>, especially if you\u2019re looking for your first travel rewards card. I use it often.<\/p>\n Today, I want to share a bit more about it so you can determine whether it\u2019s the right card for you!<\/p>\n The Chase Sapphire Preferred Card<\/a> (often referred to as CSP) is a travel rewards card issued by Chase. The card comes with a $95 USD annual fee and a host of benefits. <\/p>\n This card offers:<\/p>\n <\/p>\n With this card, you\u2019ll earn Chase Ultimate Rewards\u00ae points. You can use those points like you would any other rewards program: to get cash back, book travel directly, or transfer them to travel partners. (You can also redeem them for Amazon or Apple purchases, but these are bad redemption values and I would not recommend using points this way.) <\/p>\n The easiest option is to redeem your points for travel in the Chase Travel portal, which works like booking through Expedia or any other online travel agency. When you do this, you\u2019re basically using your points as cash, at a value of 1.25 cents per point. That means that if you have 20,000 points, they\u2019ll be worth 25,000 points when redeemed through the portal (which is a better value than if you simply redeem your points directly as cash, as you\u2019ll only get a value of 1 cent per point that way). Just know that there are pros and cons to using the travel portal. <\/p>\n On the plus side, using your points in the Chase Travel portal is very straightforward, making it an attractive option for points and miles newbies. If this is the only way that you\u2019ll use your points, then using them is better than letting them sit around! <\/p>\n However, you can usually get more for your points when you transfer them to Chase\u2019s 14 transfer partners. The ability to transfer to travel partners is what makes Chase Ultimate Rewards\u00ae points truly valuable. You can usually find airline and hotel redemptions where you can get much more than 1.25 cents per point. While the actual value you can get varies greatly based on flight or hotel, a good benchmark is The Points Guy’s monthly valuation chart<\/a>, which values Chase Ultimate Rewards\u00ae points at over 2 cents per point when used as transferable points. That\u2019s almost double what you\u2019ll get in the portal! <\/p>\n To give a real-life example, the 25,000 points from the example above could be an off-peak economy fare from New York to Paris when redeemed through the portal. But if you transfer points to one of Chase\u2019s partner airlines, you can take advantage of flash deals and saver space, potentially finding the same fare for up to 50% less points. Unless it’s a super cheap flight or room (less than $150 USD), I always transfer points to their travel partners, especially when booking business class flights or fancy hotel rooms. You just get more bang for your buck. <\/p>\n Transferring to travel partners is indeed a bit more work than using the portal, but there are more tools than ever to help you maximize your points (use point.me<\/a> for finding flights with points and Awayz<\/a> for finding award hotel stays). <\/p>\n Chase\u2019s current transfer partners are: <\/p>\n Airline Travel Partners<\/strong><\/p>\n Hotel Travel Partners<\/strong><\/p>\n <\/p>\n While earning valuable transferable points is the biggest reason to get this card, there are quite a few other great perks and benefits. <\/p>\n A big one is travel insurance (it\u2019s one of the best credit cards for travel insurance<\/a>). While I always recommend purchasing a separate travel insurance policy, having coverage through your credit card is an added benefit that you get at no additional cost. Some of its benefits include trip cancellation and interruption protection, trip and baggage delay coverage, and travel accident coverage (be sure to read the fine print for specifics). <\/p>\n Additionally, this card comes with a variety of statement credits and memberships, including a complimentary one-year DashPass membership (activate by Dec. 31, 2027) and an annual $50 USD hotel credit when booking through Chase Travel(SM)<\/sup>. <\/p>\n This card is best for points and miles beginners as well as infrequent travelers, both of whom may not want to shell out for a high annual fee. The $95 USD annual fee is easy to recoup with the card\u2019s great earning rates, anniversary points boost, and other benefits. <\/p>\n That being said, this card is especially geared toward travelers and restaurant-goers since it offers 2x points spent on travel, 3x points on dining (including takeout and delivery), and 5x points on Lyft rides. <\/p>\n And while more frequent travelers may prefer more premium credit cards<\/a> (like the Preferred\u2019s big sibling, the Chase Sapphire Reserve\u00ae<\/a>), you can also pursue a more advanced points and miles strategy with this card by pairing it with two other Chase cards to create the powerful \u201cChase Trifecta.\u201d By using three Chase cards in tandem (usually a Sapphire card, the Chase Freedom Flex\u00ae, and the Chase Freedom Unlimited\u00ae, although you could do this with business cards too), you maximize earning categories. <\/p>\n This ensures that you\u2019re always earning the most points per dollar possible, which is key to any good points and miles strategy<\/a>. (While this may be too much for beginners to juggle, it\u2019s a good way to grow while still keeping this card.) As with any credit card, you should not get this card if you\u2019re already carrying a balance or plan to carry a balance. Interest rates for travel credit cards are notoriously high, and the Chase Sapphire Preferred is no different. The points just aren\u2019t worth it if you\u2019re paying interest each month. <\/p>\n This card is also not for anyone with poor credit, as you need good or excellent credit to qualify. (If that\u2019s you, check out the best credit cards for bad credit<\/a> so you can start improving your score today.) <\/p>\n Lastly, this card does count toward Chase\u2019s 5\/24 rule (you can\u2019t open more than five cards within 24 months). So if you\u2019ve already opened five cards within the past two years (or want to open more soon), you might want to skip this one for now. <\/p>\n
\n <\/p>\nWhat is the Chase Sapphire Preferred\u00ae?<\/h3>\n
![\"Chase](\"https:\/\/media.nomadicmatt.com\/2025\/sapphire_preferred_card.png\")
<\/a><\/p>\n\n
Using Your Chase Ultimate Rewards\u00ae Points<\/h3>\n
\n <\/p>\nTaking Advantage of Chase’s Travel Partners<\/h3>\n
\n
\n
Other Perks and Benefits of the Chase Sapphire Preferred <\/h3>\n
\n <\/p>\nPros of the Chase Sapphire Preferred <\/h3>\n
\n
Cons of the Chase Sapphire Preferred<\/h3>\n
\n
Who Is This Card For?<\/h3>\n
\n <\/p>\nWho Is This Card Not For?<\/h3>\n
![\"Points](\"https:\/\/media.nomadicmatt.com\/siteimages\/points-miles-primer-cover.png\")
\r\n<\/div>\r\n<\/div>\r\n