7 Reasons Why You Should Get a Chase Sapphire Preferred Credit Card

Benefits of Chase Sapphire Preferred Credit Card

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Benefits of Chase Sapphire Preferred Credit Cards



Many reward credit cards that offers rewards in forms of mileages, gas discount, or gift cards. Finding the right one for you among a massive choices of credit cards can be daunting. Fortunately, One card stands out from the rest. Chase Sapphire Preferred credit card offers excellent benefits, making it hard to beat, especially for those who love to travel.

Here are 7 reasons why you should get a Chase Sapphire Preferred Card:

1.50,000 Points ($625 in Value) for Signing Up

Earn 50,000 Ultimate Rewards points after you spend $4,000 in the first three months from account opening. That’s $625 toward travel when you redeem through Chase Ultimate Rewards.

The first year there is no annual fee and after that it is $95 per year. You can use this fee-waver year as a “free trial” period and see whether you like the card. Even if it does not work for you, you can make an easy hassle-free cancellation. 

2. Generous Reward Points on Travel, Dining and Other Purchases

This card offers double Ultimate Reward points on every dollar spent on travel and dining and 1 point on a dollar spent on other purchases. The travel and dining categories under its benefits are quite broad, covering expenses ranging from airlines and hotels to car rental and cruise line, from restaurants worldwide and various food vendors.   

3. A Wide Variety of Redemption Options

There are many reward options, including cash, gift cards, travel, and products or services from the Chase Sapphire Preferred Card program or from third party merchants. If you redeem points for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards, a point is worth a flat 1.25 cents. 

One thing I like most about this card is that you can transfer your points to one of Chase’s 13 valuable travel partners, such as United, Hyatt and Marriott. By doing this, you maximize the use of points and miles for redeeming for free travel. You can also redeem your points for gift cards.

4. Trip Cancellation/Trip Interruption Insurance (Up To $10,000 Per Trip)

Every time when you book the ticket, the booking portal will ask you whether you want to purchase trip cancellation/interruption insurance. When you use pay for the trip expenses with your Sapphire Preferred Card, you automatically have the coverage for you and your immediate family members traveling with you.

Chase Sapphire Preferred will pay for your pre-paid, nonrefundable travel expenses (like plane tickets, hotels and tours) up to $10,000 per trip if your trip is cut short or interrupted by sickness, severe weather and other covered situations.

5. Primary Car Rental Insurance

You don’t need to purchase additional car rental insurance if you use Chase Sapphire Preferred card to pay for your car rental. Your Chase Sapphire Preferred card covers the entire loss, damage or theft of your car rental without reporting it to your insurance company.

6. No Foreign Transaction Fees

Most credit cards will charge you 2-3% on every purchase when you use their cards overseas. However, the Sapphire Preferred card always waives the foreign transaction fees, a benefit that typically saves you big money when you travel aboard.

7. Delay insurance

The trip delay insurance allows you receive the appropriate amount of compensation (up to $500 per ticket) without the hassle of filing for a claim. If your checked baggage is delayed by more than 6 hours, the baggage delay insurance reimburses you for essential purchases like toiletries and clothing with $100 per day for up to 5 days.

These benefits of the Chase Sapphire Preferred Credit Card have already made my travel much easier and cheaper. I have used the reward points redeemed several free domestic and international air tickets. If you like to travel, I strongly recommend you apply for this card. 

Benefits of Chase Sapphire Preferred Credit Card

The best credit card for travel reward