12 Things I Still Love About the Chase Sapphire Preferred Card

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Key Link: Chase Sapphire Preferred® Card

For many years this was the single best card for earning valuable rewards points, in a class by itself. It currently has the biggest public offer there’s ever been for the card, and in my view the best offer for any rewards card that isn’t a business card.

They’ve never opened up a 60,000 point offer to anyone who wished to apply for the Chase Sapphire Preferred Card before this year.

I’ve been a fan of the Chase Sapphire Preferred Card as an important tool for frequent flyers for a long time because:

  • It earns one of the most valuable points currencies, which transfer to a variety of airlines (including in all 3 major airline alliances) and hotels.
  • It earns points quickly, with double points on both travel and dining (what travelers tend to spend on most).

Chase will generally only approve new customers for this card that have gotten fewer than 5 new cards in the past 2 years (so getting a Chase Sapphire Preferred Card before you apply for other cards makes the most sense). In addition to be eligible for a bonus on this card you cannot be a current Sapphire cardholder or have received a Sapphire card bonus in the last 48 months.

Here are my 12 favorite things about Sapphire Preferred.

  1. Double Points on All Travel and Dining

    That’s what most of my spend is, especially reimbursable spend — not just air and not just hotels, but both and cars and taxis and tolls, plus meals on the road.

    To be sure the Sapphire Reserve earns 3 points per dollar on travel and dining, but I’m asked frequently by people that have the Reserve whether they should keep that $450 annual fee card after the first year, and it’s a much tougher card to get approved for in readers’ experience.

  2. Ultimate Rewards Mall

    Additional points for your online shopping through access to the Chase Ultimate Rewards mall, a mileage-earning shopping portal that often has the most lucrative opportunities to earn extra points for the online purchases you’d make anyway.

  3. Points transfer to Singapore Airlines — one of the best airlines in the world, with great premium cabin availability, stopovers for a fee even on one-way awards, and very low fees

    It’s very rare indeed that you can ever use miles from Star Alliance partner programs like United MileagePlus, Aeroplan, or LifeMiles for long haul premium cabin travel on Singapore. But Singapore offers members using their own miles fantastic award availability on most of their routes. Suites Class is even regularly available between Europe and Singapore as well as Australia.

  4. Points transfer to United Airlines MileagePlus which is great because it’s one of the few airlines in the world that does not add fuel surcharges onto any awards and because that gives you access to availability across the Star Alliance and with easy online bookings.

  5. Points transfer to Air France which offers great business class award availability and discounts on awards up to 50%.

    They make far more award space available on Air France and KLM flights to their own members than they do to partners. I find really good space between the US and Europe, even on West Coast routes.

    Flying Blue offers promo awards each month, discounting certain markets 20% – 50% that let you book travel between that city and anywhere Air France or KLM flies in Europe (depending on the gateway that is on sale).

  6. Points transfer to Hyatt which gives you access to high-end hotel redemptions, reasonably-priced suite awards, and room upgrades with points.

    Hyatt lets you redeem ~ 60% more points than a standard room for a suite on a free night. And Hyatt lets you spend 6000 points per night on a qualifying paid rate stay to upgrade to a suite — at booking. And that 6000 point price is the same regardless of the price level of a hotel. For additional points you can even book a premium suite.

    You do have to pay the standard or Hyatt daily rate to use points to upgrade a paid reservation to a suite, and at a resort you have to book at least a deluxe room to be eligible to use points for upgrades. And free nights in suites require a minimum 3 night stay.


    Park Hyatt Aviara

  7. Points transfers with most airline and hotel partners are instant.

    This is great because you don’t risk awards disappearing this way. And you don’t need to transfer points to an airline or hotel program until you need them, since transfers happen quickly. (Singapore Airlines transfers in my experience take 12-24 hours but have taken as long as 36 — which is ok since Singapore has let me put awards on hold, then I’ll transfer the points).

  8. Purchase Protection

    If you buy something and the merchant won’t take it back and it’s within 120 days of your purchase, they can pay you back instead up to $500.

    When I dropped my Android phone on the sidewalk two months after I bought it, I smashed the glass screen — and I wound up with a check for $314.99.

    chase sapphire preferred benefits

    If a manufacturer’s warranty lasts a year, they’ll cover a second year. If it lasts two years, they’ll cover a third year. So if your stuff breaks don’t just throw it away, call Chase and get the ball rolling on their provider sending you a check.

  9. Baggage Delay Coverage

    If your checked bags are delayed more than 6 hours they’ll reimburse you for things like toileteries and clothing you need to buy, up to $100 a day for 5 days (or until your bags are delivered, if less).

    And if your checked or carry-on bags are damaged or lost permanently, they extend coverage up to $3,000 per passenger.

  10. Primary Rental Collision Coverage

    If you rent a car with this card you don’t just earn double points (for travel) but get extra protection. Most premium cards offer secondary collision coverage, they pay what your insurance doesn’t (which usually means they cover your deductible). With Sapphire Preferred’s primary coverage, rental a qualifying vehicle and charge it to the card and your insurance company may not even need to know…

  11. Trip Delay Coverage

    Buy airline tickets with the card and if you’re delayed 12 hours or overnight you can get reimbursed for hotel costs and meals.

    You must be on a round trip ticket (trip not to exceed a year) and have charged at least a portion of your ticket to the card.

    The $500 benefit applies to each spouse or dependent (under age 22) that’s delayed whose ticket you charged to the card.

    Since you only have to charge a portion of a ticket to the card, coverage applies even to award travel thus it’s best to pay award ticket taxes with a Sapphire Preferred Card (and not just for the double points on airfare).

  12. The Card Has a Great Look and Feel

    This isn’t a reason to get a card but it’s a sleek card, heavier than what you’re used to and without any raised numbers (and in fact, no numbers on the front of the card).

    AndyAndy decided downgrade his Chase Sapphire Preferred card to a regular Sapphire card with no fee (no longer available). He tried to dispose of the card himself. With a blow torch.

    chase sapphire preferred card benefits

    chase sapphire preferred card

I applied for this card back in 2011. And it’s still a great role-player, especially as a ‘Chase hub’ where you earn points at accelerated rates with Chase’s no annual fee cards and then transfer them to the Chase Sapphire Preferred Card so that those points can then be moved to airline miles and hotel points.

Chase Sapphire Preferred Card

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of advertisers Citibank, Chase, American Express, Barclays, Capital One or any other advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.

Comments

  1. Not a bad list, but the Chase primary rental collision coverage is garbage. You’re really misleading readers by including it on your list.

    Both a friend and I had exactly the same horrible experience dealing with the insurance company Chase uses (you can’t deal with Chase itself), as the whole strategy is to require wave after wave of documentation, coupled with lousy communications, until the customer finally gives up. Neither of us did, but it took many months, phone calls, emails, etc. to get satisfaction on something that a regular insurance company would handle easily.

    I’ve seen other posts here and at other sites to the same effect. I’d imagine that on occasion it could work out well, but there are too many data points out there for your usual responsible blogging to ignore.

  2. Bad advice – travelers should be getting the Chase Sapphire Reserve card instead. Maybe because of conflict of interest you left out that the Chase Sapphire Reserve card is only $150 a year after the $300 travel credit. The card’s benefits are worth more than the $55 greater cost. You are not serving your readers well when you don’t recommend the Reserve over the Preferred for those with good credit ratings and income.

  3. So you state the following: To be sure the Sapphire Reserve earns 3 points per dollar on travel and dining, but I’m asked frequently by people that have the Reserve whether they should keep that $450 annual fee card after the first year, and it’s a much tougher card to get approved for in readers’ experience.

    But why didn’t you provide the answer to what you’re frequently asked!?

  4. @Lee, yup. Gary pushes out more and more useless, poorly edited content. One day people will wise up and stop using affiliated links. There is very little actionable info on most blogs these days so I don’t see why people continue to reward them.

  5. It’s pretty close to my list of “12 reasons I never click through bloggers affiliate links when I’m considering a new credit card”.

  6. A big benefit not mentioned is the 50% bonus conversion of points to pennies, giving 1.5 cents per point (Reserve) card. If most of you card spend is travel and dining this gives 4.5 cents per dollar spent. This enabled us recently to get biz class tickets when there was no award availability at almost comparable miles as for award travel.

  7. Weird about suites class being regularly available between europe and singapore being I have monitored it for years and have only been able to get that redemption once. Really calls into question your credibility.

  8. @Bill I’ve booked it several times. It used to be on SFO-HKG-SIN but has only been on one US route for some time, JFK-FRA-SIN and that’s a touch get however I’ve found it very useful Europe – Asia and Asia – Australia as part of larger awards.

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