Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

The Chase Sapphire Preferred® Card is a favorite of most travelers. The card produces a 2.5% rewards rate when used on dining and travel purchases, and 1.25% on all other spending. There are two things that make this card standout from the rest – the signup bonus and Ultimate Rewards points. The Chase Sapphire Preferred® Card has one of the best welcome offers of any credit card on the market. If you spend at least $4,000 within the first three months of opening your account, you will be awarded 50,000 bonus Ultimate Reward points, the value of which is $625 when redeemed towards travel through the UR portal.

All the rewards you earn with this card are in the form of Chase Ultimate Reward points, which is another major selling point of this card. These points have one of the highest net values of any rewards program. We estimate them to be worth $0.0125 each when used towards travel, but you can get even more out of them by transferring them to any one of the 10 partnered hotel and airline programs. The list includes programs like Southwest Airlines Rapid Rewards®, United MileagePlus®, and Marriott Rewards®. The high value combined with high redemption flexibility is what elevates the Chase Sapphire Preferred® Card to top card status.