Chase Sapphire Preferred Card with a yearly fee of $95.00 is a good deal! Once you receive your card you have three months to spend or charge $4000 to your card to get your free 60000 rewards points. Once you have your points there are two ways to transfer them to partners
- Booking travel directly through the Chase travel portal where points are worth a flat 1.25 cents apiece. The big benefit of redeeming points this way for flights is that they typically do count toward elite status (but note that isn’t the case with hotel bookings).
- Transferring your points to one of Chase’s 13 travel partners. Typically you’ll get the most out of your points when you transfer them to these valuable partners, including United, Hyatt and Marriott.
1. The Travel Benefits
In addition to earning valuable rewards for making purchases while traveling, you can also take advantage of some fantastic benefits while on the road.
The Sapphire Preferred Card offers primary car rental insurance.
Top 5 Travel Benefits
Primary car rental insurance. This covers the entire loss, damage or theft of your car rental without reporting it to your insurance company, a benefit that can save you big time in the long term.
Lack of foreign transaction fees on the card. While these appear to be gradually on their way out, the Sapphire Preferred has always waived them, a benefit that’ll typically save you 2.7%-3% on every purchase abroad.
Trip delay insurance up to $500 per ticket. If your flight, train, or other common carrier is delayed more than 12 hours or you require an overnight stay as a result of a delay, you’re covered for unreimbursed expenses such as meals and lodging.
Trip cancellation/trip interruption insurance up to $10,000 per trip for pre-paid, nonrefundable travel expenses such as plane tickets, hotels or tours if your trip is cut short or interrupted by sickness, severe weather or other covered situations.
Baggage delay insurance of $100 per day for up to 5 days when your checked baggage is delayed by more than 6 hours for reimbursement of essential purchases like toiletries and clothing.