Chase SapphirePreferred® Card Thanks to its generous reward structure, first-year welcome bonuses and abundant perks, it is one of the top travel credit cards in the market today. This Chase credit card comes with a sign-up bonus of 60,000 bonus points after spending $5,000 on a purchase in the first three months of opening an account.
Cardholders earn ongoing rewards:
- 5x points on travel purchased through Chase Travelsm Lyft Rides (Lyft offer until September 30th, 2027)
- 3x points for dining (including eligible delivery services), streaming services and online grocery purchases (excluding Target, Walmart, wholesale clubs)
- Double points on general travel
- 1x points on everything else
When Chase Sapphire is prioritized, you will have the option to redeem Chase Ultimate Rewards Points for cashback, statement credits, merchandise and gift cards. You can also redeem travel rewards via the Chase Travel Portal and receive 25% more value from your points. Additionally, this card allows you to transfer points at a 1:1 ratio to popular Chase airlines and hotel partners such as United Mileage Plus, South West Rapid Rewards, and Marriott Bonvoy.
Chase Sapphire preferred annual benefits
$50 Hotel Credit
As a cardholder, you receive a $50 annual statement credit for your hotel stays purchased through Chase Ultimate Rewards. This means you can book a hotel in cash through the portal, pay the fees for a Chase Sapphire, and automatically watch a $50 statement credit hit within the billing cycle.
10% Commemorative Points Bonus
On each account’s anniversary, card members will automatically earn bonus points equivalent to 10% of the previous year’s total. For example, if you spend $30,000 on a card in a year, your anniversary bonus equals 3,000 points.
Chase Sapphires like the benefits of travel
There are no foreign transaction fees
Whether you travel abroad or simply shop online with US-based merchants, you will not charge a foreign transaction fee for purchases made in foreign currency. This is a standard advantage of top travel credit cards, but it is still worth noting, especially if you travel abroad frequently.
Car Rental Collision Damage Exemption
This card offers major car rental coverage that is perfect for the actual cash value of most car rentals in the US and overseas. This means that you will refuse car rental compensation provided through a car rental agent and will instead rely on this protection.
Travel cancellation and interruption insurance
If your trip is cancelled or suspended for reasons that qualify beyond your control, your trip cancellation and suspension insurance can refund you for an amount of up to $10,000 per person and up to $20,000 per trip.
Cardholders and close relatives are eligible for this perk, and cardholders do not even have to travel to use this coverage. However, to qualify for this benefit, you will need to pay your travel expenses with your Chase Sapphire Preferred card.
Baggage delay insurance
It’s never fun to arrive at your destination without luggage. Baggage Delay Insurance This card provides a refund of up to $100 per day for up to five days with at least 6 hours of baggage delay.
To apply this coverage, you will need to use your Chase Sapphire Preferred card to pay travel expenses with a common carrier.
Travel delay refund
If your trip is delayed due to a covered reason beyond your control, such as a flight that is already delayed when you are at the airport, you can qualify for compensation for unexcluded costs, up to $500 per ticket. The delay may take more than 12 hours or you will need to stay overnight. Please note that this refund is primarily intended for food and lodging.
Like other Chase Sapphire perks, you will need to use your card to pay travel expenses with a common carrier to apply this coverage.
Lost a refund for my package
This coverage is worth up to $3,000 per person covered per trip, with a $500 sublimit for gems and watches and a $500 sublimit for cameras and electronics. Applicable when checked or carry-on baggage is lost or stolen while carriage care is common.
Compensation will result in a refund of the actual cash value of the luggage and belongings (replacement costs are depreciation) and allow the cardholder and his near-kind to qualify. Key cardholders must pay at least a portion of the travel expenses along with a common airline to apply.
Roadside dispatch
Cardholders can call the 24-hour roadside dispatch hotline to assist with flat tires, fuel delivery, lockout services and more. Please note that although shipping numbers are free to call, cardholders must pay for the services they receive.
Travel and emergency services
Cardholders can request travel and emergency assistance when they are on the street. This can assist with medical and legal referrals, cash advances, transportation assistance and other services. Cardholders can arrange services free of charge at the hotline, but the cost of the service must be paid individually.
Travel Accident Insurance
Cardholders are also eligible for travel accident insurance, which applies if they lose their life, speech, hearing, limbs and certain other losses. The value of this coverage is typically $500,000 for travel using a common airline, but the benefit of a 24-hour travel accident insurance is only $100,000.
Benefits of additional chase sapphires
Free Dash Pass Subscription and Monthly Credits
Sapphire Priority Cardholders will not be able to lower delivery and service charges on eligible orders for a minimum of one year if they become active by December 31, 2027.
Purchase Protection
Sapphire Preferred comes with purchase protection against damage or theft that allows for refunds if the purchased covered items need repairs or replacements within a defined coverage timeline of 120 days. This coverage amounts to $500 per bill and $50,000 per account.
Please note that this protection is suitable for items purchased by the cardholder or items purchased by the cardholder but given to others.
Extended warranty
Finally, don’t forget to have the extended warranty protection for Chase Sapphire Preferred. This adds an additional year to the US manufacturer’s warranty for eligible warranty of less than three years. This coverage is suitable for items that come with a standard manufacturer’s warranty, so you will need to pay for the item using a credit card to apply the extended warranty.
The guarantee amount is reasonable, up to $10,000 per bill and up to $50,000 per account.
How to Maximize the Benefits of Chase Sapphire Preferred Card
Chase Sapphire Preferred has already done a lot, but there are many ways to squeeze more value from cards over the course of a year. Think of the following tips to earn more rewards and get more perks with this card.
- Book Chase Ultimate Rewards Portal. Using this card, book a paid trip through the Chase Portal and earn 5x points for every dollar you spend. You can also use the $50 hotel credit that the card offers for bookings via the portal. If you decide to use your reward to book a Travel Sul Chase, you will get 25% value for each point you redeemed.
- Please use a forwarding partner. Check out Chase Airline and Hotel Partners, including popular programs such as British Airways, Southwest Rapid Rewards, United Mileage Plus, Marriott Bonvoy and World of Hyatt. Our Bank Rate Point ratings indicate that Chase Points may increase in value when transferred to partners and used for premium travel reimbursements.
- Take advantage of the chase offer. Chase Offering is a program similar to the Amex Offering for American Express card. Chase Sapphire’s preferred cardholders can add Chase Offer to their cards before making a qualifying purchase and earn a variety of cash when they meet the offer criteria.
- Use your card to pay for your trip. Paying for your trip with a credit card, reward points, or a combination of the two will qualify for a variety of travel protections. The preference benefits of the main chase sapphire that can be used in this area include travel cancellation and suspension insurance, baggage delay insurance, travel delay coverage, and baggage refunds.
- Use car rental insurance. Finally, don’t forget to use the car rental coverage offered by this card. This means that if you need to file a claim, you can use it in lieu of your own insurance coverage.
Conclusion
It’s easy to see why Chase Sapphire likes it is considered one of the best travel credit cards. If you’re interested in reward cards that offer valuable benefits to modest annual fees, Sapphire is a good choice.
Before you decide, compare it with other Chase Rewards cards that offer similar card holder perks and perks. For example, Chase Sapphire Reserve offers even more types of coverage and perks compared to Chase Sapphire, which Chase Sapphire prefers, due to its higher annual fees.
Before deciding which options are right for you, make sure to evaluate the pros and cons of each card, as well as the overall requirements and benefits of qualifying.
