With most rewards credit cards you’re either buying in because of a huge welcome bonus, or fantastic long term card perks. Rarely, can you find a card which covers both.
For a limited time, Chase has a mega offer on the Sapphire Preferred Card, which combines some of the most thoughtful, under the radar travel benefits, and at least $1050 in value from the welcome bonus, if used remotely well. In fact, just about any travel purchase via Chase Travel will secure that value, and for a limited time some other purchases too.
Here’s why it might be time to give in to the “hype” this card carries.
Chase Sapphire Preferred 80K Points + $50 Bonus
Chase has its highest ever bonus on the Sapphire Preferred Card right now, which offers 80,000 Ultimate Rewards Points, which can be converted into airline miles with a variety of airlines, or hotel points with a variety of hotel rewards programs.
If you want added flexibility for your travel, they can also be used at a fix rate at Chase Travel (1.25 cents per point) for any purchase, giving you $100 in travel (80,000 x 1.25). The bonus comes after you’ve spent $4,000 in total on the card, in the first 3 months. That’s about $1333 per month in spending, which after rent, utilities and phones won’t likely be too hard for most people.
There’s also a $50 statement credit for US grocery store purchases, so your first grocery shop with the card will enjoy $50 back, which could make the entire shopping trip free, if you manage to spend $50 even!
Chase Sapphire Preferred Travel Benefits
Who doesn’t like travel perks, money to spend during trip delays or being able to decline collision coverage on a rental car because your card offers it automatically?
The Chase Sapphire Preferred card may not be quite as seductive on the face as some ultra premium cards with $550+ annual fees, but with a $95 annual fee and $1000 back in year one, there’s a lot to love. The travel benefits, which can get you $500 for needs in times of travel delays, or up to $10,000 per traveler when cancellations happen and primary rental car coverage, can be worth $100’s each year too.
And now there’s even 5-10X points at Peloton, in case you’re the one person on earth who has avoided ordering one, other than me, and wants to earn big points when you do!
Chase Transfer Partners Are Great
If you don’t want to just cash in your points for $1000 in travel as you wish, you can always transfer them to Chase Ultimate Rewards Transfer Partners, which includes airlines like: United, Singapore, Virgin Atlantic, British Airways, Southwest and Air France, and also hotels like Hilton, Hyatt and Marriott.
Points transfer at at least 1:1, so 80,000 Chase Ultimate Rewards Points is going to bring you at least 80,000 in any of those points programs if you transfer them over.
Things like USA to Japan in business class round trip can be had for 90K-95K Virgin Atlantic Points, for flights on Virgin’s airline partner ANA (without huge surcharges), so that’s one aspirational way to enjoy 20+ hours of round trip flat bed flying from just over one welcome bonus.
Really, the card is fantastic, the welcome offer is compelling and if you’re looking for a low annual fee card with big travel benefits and a bonus which can unlock $1000 in travel after realistic spending in your first year, there’s a whole lot to love.
Check out the Chase Sapphire Preferred 80,000 Point (worth $1000 on travel) and $50 Grocery Credit Offer here.