Gone are the days of a 100,000 point bonus, however the Chase Sapphire Preferred is still an excellent card for your wallet with up to a 55,000 point bonus and an annual fee of $95 waived for the first year. Start saving up those points for epic trips and flights!
Point Bonus:
- Spend $4,000 in the first 3 months and receive 50,000 points
- Add an authorized user and after their first purchase earn an additional 5,000 points
Benefits of the card include:
- 2 points per $1 spend on travel and dining
- 1:1 point transfer to a variety of hotel and airline programs
- No foreign transaction fees
- Rental Car Insurance
- Trip Delay Insurance
So What’s it Worth?
This is a difficult question. If you book through chase, 50,000 points is worth $625 in travel. Complement that with the 1:1 point transfer and things can get complicated as each airline and hotel have their own valuations. Bottom line there is no good way however Chase confirms its 1.25 cents per dollar.
1:1 Point Transfers
The ability to transfer points to other programs is one key way to maximize your point spend. You can transfer your points to Singapore Airlines and fly in their first class suites or stay at the Ritz-Carlton if you desire. At the time of writing this, these were the transfer partners.
Airlines
- Aer Lingus AerClub
- British Airways Executive Club
- Flying Blue AIR FRANCE KLM
- Iberia Plus
- Korean Air SKYPASS
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards®
- United MileagePlus®
- Virgin Atlantic Flying Club
Hotels:
- IHG® Rewards Club
- Marriott Rewards®
- The Ritz-Carlton Rewards®
- World of Hyatt®
Convinced yet? Apply Now and get your bonus sign up from Chase.