Chase Sapphire Preferred Card Reviews - What Is It?
WARNING: DO NOT USE Chase Sapphire Preferred Card Until You Read This Review!
Is it a Scam? Does It Really Work?
The Chase Sapphire Preferred Card is a card that offers you a number of benefits from the second you slide it into your wallet. At first you receive a sign-up bonus. The will continue enjoying perks as you earn bonus points on dining and travel expenses. And when you redeem your points, the card gives you flexibility when it comes to available options that can significantly boost the value of you card. All this is possible with an annual fee of less than $100. Let us take a closer look at the basics of the Chase Sapphire Preferred Card. The main benefit is that this card gives you two Chase Ultimate Rewards points per $1 spent on dining and travel. In addition, you will get one point per dollar on other purchases.
Possessing and using the card will cost you absolutely nothing for the first year, then the annual fee will be $95. This travel card charges no foreign transaction fees. What makes this card shine even more is a big sign-up bonus. Actually, new cardholders can earn two bonuses. The first one is just shocking: you can earn 50,000 bonus points after spending $4,000 within the first three months of possessing a card. That is $625 when you redeem through Chase Ultimate Rewards. You can also receive an additional 5,000 points if you authorize another user in the first three months. That user has to make a purchase too. Let us take a look at other benefits of this marvelous card.
Customer Reviews - Does Chase Sapphire Preferred Card Really Work?
The card offers a number of flexible redemption options. As it was already mentioned, you can redeem the points earned on the card for cash or gift cards (one cent per point). But when you redeem these points for travel booked through Chase, you can get a 20% discount. It means that each point costs 1.25 cents. Thus, 55,000 points cost $687.50. That's great, isn't it? Chase's travel portal operates like Orbitz, Kayak, or Expedia. You will need just to provide your departure airport and destination, as well as flight dates. Then you will be able to compare prices across different airlines available. Chase Sapphire Preferred Card can be used for paying the booked airlines, after that you can redeem your points at the cost of 1.25 cent per one point. Some cardholders may even enjoy a higher value for their points by participating in special loyalty programs. Based on what program you will choose and how you will use your points after transferring them, you can receive up to 5 cents' for one point. Major transfer partners include the following airlines: British Airways, United, Air France/KLM, Korean Air, Southwest, Virgin Atlantic, and Singapore KrisFlyer; as well as hotels: Marriott, Hyatt, Ritz-Carlton, Priority Club/InterContinental Hotels Group.
Many people possess both the Chase Sapphire Preferred Card and the Chase Freedom. The latter gives you 5% back on up to $1,500 in spending on purchases in bonus categories per quarter, as well as 1% back on all other spending. The rewards of the Chase Freedom are earned as Ultimate Rewards points which can be transferred to the Chase Sapphire Preferred Card. In this way, you can benefit from using these cards together. This gives you an opportunity to earn 7,500 points within three months, or 30,000 points per year. You can exchange these points into $300 in cash, or transfer them to the Chase Sapphire Preferred Card and change them into $375 for free travel. This trick will help you to earn an effective rewards rate of 6.25%. You can benefit from using the card if you are fond of shopping online. The Chase Ultimate Rewards bonus mall will bring you extra rewards. Thus, you can get additional points by shopping in your favorite stores, including Starbucks, Apple, and Nordstrom. It would be a great idea to take a look at the testimonials left by true cardholders. Here are some of them.
"I have been enjoying my Chase Sapphire Preferred Card for the last year. I am pleased with a free first year, huge network of travel partners, competitive sign-up bonus, and great earning opportunities. This is the best travel card available on the market, to my mind. In addition, they offer a good customer service that is based in the U.S. This card is just perfect for those who have one or two big trips a year. I have enjoyed this card and I am going to use it in future."
"I applied for a Chase Sapphire Preferred Card and received a generous limit and the bonus. I have accumulated about 300k UR points already. I used the card this summer for my first trip. I used it to book airfare, travel, and car rental. Everything was super easy. I had an accident when my flights had to be cancelled, but, fortunately, the Chase Rep gave me a credit with the airline. I am pleased with the app that is very easy to use. This is a winning product with only one downside - rather high interest rate, but I don't carry a balance."
"I honestly say that the Chase Sapphire Preferred Card is the best. I have had a difficult journey with an expensive online return, but this card came through and helped me a lot. The representatives of the company are highly professional and always focus on the goal to satisfy their customers. They truly care for each of their clients. To my mind, this card is the top of the line. Don't hesitate to apply for a card elsewhere, you will not regret. It requires no international fees when traveling. Thank you for being reliable."
My Final Summary
I can certainly recommend the Chase Sapphire Preferred Card because it has a great number of advantages. It is made from metal which makes it reliable and durable. The card offers a large bonus and requires no foreign transaction fee. Another great factor is that you can earn twice more points on dining at restaurants and travel. You will also be able to enjoy premium travel protection benefits. There are numerous users' reviews online about this card. Many cardholders claim that this is their favorite travel card available on the market. It offers one point on every $1 spent on any purchases. It also offers a signup bonus that gives you an opportunity to earn 50,000 bonus points after spending $4,000 on purchases within the first three months. That's $625 toward travel when you redeem through Chase Ultimate Rewards.
You can use points for travel either by transferring them to one of travel partner programs at a rate of 1.25 to 5 cents per point, or through the Chase Ultimate Rewards website at a rate of 1.25 cents per point. It is important to emphasize that there is no annual fee for the Chase Sapphire Preferred Card 0 for the first year. However, from the second year of using the card you will need to pay $95. There is no foreign transaction fees. If you spend a lot of money on dining at restaurants and travel and you usually fly on one of Chase's travel partners, the Chase Sapphire Reserved is a fantastic option for you.
Chase Sapphire Preferred Card Pricing and Rates
Introductory Annual Fee is absent within the first year of using the rad. After that, the fee is $95. The rental car insurance coverage is worth $95 per year. With Amex, you will have to pay a one-time fee of $25 per car rental for insurance when traveling only. So, it is no Brainer which card is better. You will like the fact that they cooperate with Fandango, so you will be able to buy two movie tickets at the cost of one.