Discover the Benefits of the Chase Sapphire Preferred® Card
With the Chase Sapphire Preferred, you can travel and spend with confidence. This exclusive credit card offers numerous benefits, but it's essential to evaluate its pros and cons first.
Advantages of the Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card stands out due to its exclusive benefits:
- Reward Rate of 1x-5x Points: Earn up to 5x points on travel, dining, and more.
- $0 Foreign Transaction Fee: No additional costs for purchases abroad.
- Introductory Offer of 60,000 Points: Earn 60,000 bonus points after spending $4,000 in the first three months.
- Flexible Reward Redemption: Redeem points for travel, cash back, and more with a 25% bonus on travel redemptions through Chase Ultimate Rewards®.
Understanding the Downsides of the Chase Sapphire Preferred Card
Despite its many advantages, the Chase Sapphire Preferred Card also has some considerations to keep in mind:
- $95 Annual Fee: There is an annual fee for card membership.
- No Introductory APR: The card does not offer a 0% introductory APR on purchases or balance transfers.
- Balance Transfer Fee: Fees apply for balance transfers, which can increase your costs.
- Credit Requirement: Requires good to excellent credit for approval.
Applying for the Chase Sapphire Preferred Card
Visit chase.com by clicking the button below to register.
- Provide the requested information. It is important to have good to excellent credit to be approved.
- After submitting the application form, wait for Chase’s decision. For some customers, approval is almost instant, while for others, the review process can take up to 15 business days, though this is rare.
- Once approved, you will receive your card at home within 10 to 14 business days.
- The delivery envelope usually includes all the information on how to activate your card for use.
In summary, the Chase Sapphire Preferred is a versatile card that, despite charging an annual fee of $95, offers several travel benefits and bonus points on dining. Additionally, it is recognized as one of the best credit cards with an annual fee under $100. For those starting with travel rewards programs, it is an excellent card.
