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The Chase Sapphire Preferred® Card has an offer to earn 60,000 bonus points after $4,000 in purchases in your first 3 months from account opening – plus, get up to $300 in statement credits on Chase Travel purchases within your first year.
For some time the initial bonus offer has been 60,000 points. This ups the ante with $300 in credits for travel purchases through the Chase portal – which is a very compelling offer on a card with just a $95 annual fee.
Earning with the card is: 5x on travel purchased through Chase TravelSM; 3x on dining, select streaming services and online groceries; 2x on all other travel purchases; 1x on all other purchases. There’s also a $50 Annual Chase Travel Hotel Credit.
The points are though what’s most interesting to me. I always want more Chase points, and my most common transfer partner is Hyatt. Other bank currencies lack such a valuable 1:1 hotel transfer partner.
- Star Alliance: United MileagePlus, Singapore Airlines KrisFlyer, Air Canada Aeroplan
- oneworld: British Airways Executive Club, Virgin Atlantic Flying Club, Iberia Plus
- SkyTeam: Air France KLM Flying Blue
- Non-alliance: Southwest Airlines Rapid Rewards, Aer Lingus AerClub, Emirates Skywards, JetBlue
- Hotels: World of Hyatt, Marriott Bonvoy, IHG One Rewards
Park Hyatt Abu Dhabi
Alila Marea
And of course is comes with strong protections like Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more. It also offers complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
Naturally, keep in mind 5/24 – generally Chase won’t approve customers that have opened 5 or more new cards within the past 24 months. And, since I’ve had this card in the past, it’s worth flagging that if you have had this or Sapphire Reserve cards, you’re only eligible for the bonus if you no longer have the product(s) and haven’t received an initial bonus for one of them in the past 48 months.
Good to know
$500 annual fee!
need to move Virgin into SkyTeam not Oneworld
@Sandra —> the Chase Sapphire PREFERRED card (which this article is on) has a $95AF. It is the Sapphire RESERVE card which carried a much heftier $550 annual fee…
Too bad the $300 credit isn’t a part of the regular annual benefits…
The 100k sign-up bonus was a better deal.
Maybe this is why Chase just pushed out the reset date for the yearly travel credit for Sapphire Reserve to February 27th going forward instead of the start of the year which it was previously.
Maybe beneficial for some, but the $300 travel credit is for use for purchases through the Chase portal, very unlike the $300 travel credit on the Reserve.
@TheBigEasy – book a flight, you generally still earn miles and elite status credit
@nsx – that tempted me back to the card in 2021! you seen that lately? lotta good it does anyone now.