The blogoshpere is abuzz with posts about the Chase Sapphire Preferred card’s 50,000 points offer ending tomorrow morning (April 3rd). The new offer after that is 40,000 points. I do not have this card – I mostly stick to cards that are affiliated to airlines or hotels directly, the the volume of posts got my curiosity. So, I read up and here is why I myself just applied for the card.
The card gives cards earns what are called ‘Chase Ultimate Rewards’ points. These are points that can be transferred to most airlines and hotels, like Amex’s Membership Rewards Points or Starwood points. (Transfers to Marriott and United are at a 1:1 ratio, Yay!). They can also be redeemed for travel as credits towards travel booked anywhere (just like a CapitalOne Venture Card). One can also earn UR points by other Chase cards and by having a Chase checking account.
I like it. Just applied for it and recommend it.
Link to offer:
Chase Sapphire Preferred®
- 40,000 bonus points after you spend $3,000 in the first 3 months- that’s $500 toward travel rewards!
- 2 points per dollar spent on travel and dining at restaurants & 1 point per dollar spent on all other purchases
- Get 20% off airfare, hotels, car rentals and cruises when you redeem through Ultimate RewardsSM
- No foreign transaction fees
- Receive a 7% Annual Points Dividend on all new points earned on purchases – even on points already redeemed
- 1:1 point transfer to leading frequent travel programs – that means 1,000 Ultimate Rewards points equal 1,000 partner miles/points
- Direct access to expert service advisors anytime
- Introductory Annual Fee of $0 the first year, then $95
[Disclosure: The links to cards in this post are affiliate links. I will earn a small referral bonus if you apply and get approved.]
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