The Chase Sapphire Preferred® Card offers a variety of benefits and features for its cardholders. Here's a summary of its key features:
Annual Fee
$95
Sign Up Bonus
Right now you can earn 75,000 Ultimate Rewards® points after spending $4,000 in 3 months. That’s 15k more points than the usual offer.
Points Earning Rates
5x on qualifying Lyft rides through 03/2025.
5x points on travel purchases made through the Chase Ultimate Rewards® travel portal.
5x points on up to $5,000 in total purchases on Peloton equipment and accessory purchases over $150 through Peloton from 02/01/2023 through 03/31/2025.
3x points on dining purchases.
3x points on select streaming services.
2x points on other travel purchases not made through the Chase Ultimate Rewards® portal.
1x points on all other purchases.
Travel Transfer Partners:
Chase Sapphire Preferred cardholders can transfer their points to multiple travel loyalty programs.
Airlines
Aer Lingus
Air Canada
British Airways
Emirates
Air France/KLM Flying Blue
Iberia
JetBlue
Singapore Airlines
Southwest Airlines
United Airlines
Virgin Atlantic (30% bonus till June 15)
Hotels
IHG Hotels & Resorts
Marriott Bonvoy (40% bonus till June 15)
World of Hyatt.
Ultimate Rewards® Travel Portal Bonus
When you book travel through the Ultimate Rewards® Travel Portal and you have the Chase Sapphire Preferred your points are worth 25% more. That means that 75,000 points are worth at least $937.50 when booking travel through the travel portal.
$50 Annual Hotel Credit
A statement credit will automatically be applied to your account when your card is used for hotel accommodation purchases made through Chase Travel, up to a total of $50.
10% Anniversary Points Bonus
Each account anniversary year, you'll earn bonus points that equal 10% of your total spend in points from purchases made with your credit card during the previous account anniversary year at a rate of 1 point for each $1 spent.
Complimentary Instacart+ Membership
You will receive one complimentary Instacart+ membership per eligible card account for 6 months when the membership is activated with an eligible card between 6/15/2022 and 7/31/2024.
Statement Credit on Instacart Purchases
Earn up to $15 per calendar quarter in statement credits on qualifying Instacart purchases from 8/1/2022 through 7/31/2024 when you activate a complimentary Chase Instacart+ membership with your eligible Chase credit card. Calendar quarters are Jan – March, April – June, July – September, October – December, and the partial calendar quarters at the beginning and end of the promotional period.
Complimentary DashPass
You will receive at least 12 months of complimentary DashPass for use on both the DoorDash and Caviar applications when the membership is activated with a Chase Sapphire Preferred card by 12/31/2024.
Travel and Purchase Protections
Primary rental car insurance.
Travel accident insurance.
Trip cancellation and interruption insurance.
Baggage delay insurance.
Lost luggage reimbursement.
Purchase protection.
Extended warranty coverage on eligible purchases.
No foreign transaction fees.
See more details on Travel Insurance through the Chase Sapphire Preferred here.
Overall, the Chase Sapphire Preferred card is well-regarded for its flexible rewards, travel benefits, and reasonable annual fee.
What can you book with Chase points? Here are a very small sample of ideas for 75,000 Chase points.
Transfer to Hyatt and book 3 nights free at the Grand Hyatt Baha Mar or Playa Del Carmen. Both are great properties that cater to Kosher travelers with onsite kosher restaurants.
Transfer to Hyatt and book 4 free nights at the Andaz Miami Beach, opening in November of 2024.
Transfer to JetBlue and book 4-11 ROUND TRIP flights from LGA to FLL.
Transfer to Virgin to book Delta flights.
Transfer to Air France and fly business class direct from NYC to France or Amsterdam or with a stopover to TLV.
Go get those points!
Chavy