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Yahoo
15-05-2025
- Business
- Yahoo
Last call: Get 100,000 points with a new Chase Sapphire Preferred Card welcome offer
The Chase Sapphire Preferred® Card's 100,000-point welcome bonus is coming to an end: The limited-time offer will expire at 9 a.m. EST on May 15, 2025. The current 100k offer is one of the Sapphire Preferred card's best-ever welcome bonuses. After you apply, you will need to spend $5,000 on your new card within the first three months of account opening to earn it. In exchange, you can unlock as much as $1,250 toward future travel. The Chase Sapphire Preferred is one of our favorite travel credit cards, and it's even more valuable with this welcome offer. If you've been considering a new rewards card for an upcoming vacation, now is a great time to compare how your spending and travel habits match up with the Sapphire the past few weeks, we've analyzed all the details you need to know about the Chase Sapphire Preferred's 100k bonus offer. Below, find our tips for deciding if this offer is right for you and making sure you qualify. And, of course, how to maximize your bonus points for the greatest redemption value. 100,000-point welcome bonus for new Chase Sapphire Preferred cardmembers How to use the Chase Sapphire Preferred 100,000-point bonus Who is eligible for the Chase Sapphire Preferred 100,000-point bonus? Learn more about the long-term value of your new Chase Sapphire Preferred Card: Is the Chase Sapphire Preferred Card worth it? The best benefits of the Chase Sapphire Preferred Card Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to the Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank's website for the most current information. This site doesn't include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.
Yahoo
15-05-2025
- Business
- Yahoo
The 20 best Chase Sapphire Preferred Card benefits
Take an in-depth look at the Chase Sapphire Preferred® Card's perks and benefits — along with its massive welcome offer — to see if it aligns with your lifestyle, preferences, and financial goals. You can earn 60,000 bonus points after spending $5,000 on purchases in the first three months from account opening. Here's the full Sapphire Preferred rewards rate: 5x points on travel purchased through Chase Travel℠ 3x points on dining, select streaming services, and online groceries 2x points on all other travel purchases 1x points on all other purchases General travel expenses, including flights and hotel stays, provide 2x points. That's useful when planning upcoming trips, but the true hero may be the 3x dining, select streaming services, and online grocery categories. With these categories, you can earn rewards for a future vacation when you grab a bite to eat or pay for your monthly entertainment subscription, such as Disney+ or Netflix. One of our favorite Sapphire Preferred features is that you don't have to pay an excessive annual fee. For $95 per year, you can access one of the top travel credit cards available and earn flexible Chase points. Considering this card's many benefits, it's more than a reasonable fee. The Sapphire Preferred doesn't charge foreign transaction fees. This means you don't have to pay an extra 3% when purchasing from a foreign merchant or retailer. Credit cards with no foreign transaction fees are essential if you travel internationally. The Sapphire Preferred works on the Visa card network to process transactions. It typically doesn't matter which major card network — including American Express, Discover, Visa, and Mastercard — you use in the U.S. because they're all widely accepted. However, international travelers prefer Visa and Mastercard because they're more accepted worldwide than Amex and Discover. Visa credit cards are accepted in more than 200 countries and territories globally. You can earn up to $50 in statement credits each anniversary year for hotel stays you purchase through Chase Travel. Taking advantage of this benefit each year can immediately offset over half of the $95 annual fee. As a Chase Sapphire Preferred cardholder, you get a 25% bonus on points you redeem for travel through Chase Travel. That's a quick and easy way to increase the value of your points if you prefer using Chase Travel to make your travel bookings. With this 25% bonus on award travel redemptions through Chase Travel, 60,000 points would be worth $750. Chase transfer partners are one of the reasons we think Chase points are so valuable. As a redemption option, you can transfer points to one of over a dozen travel partners, including Southwest Airlines, United, and World of Hyatt. You can often get more value from your rewards by transferring them to travel partners than redeeming them through Chase Travel. However, it depends on the specific redemption, and Chase Travel is typically easier to navigate. Here's the complete list of Chase transfer partners: Aer Lingus, AerClub Air Canada Aeroplan British Airways Executive Club Emirates Skywards Air France-KLM Flying Blue Iberia Plus IHG Rewards Club JetBlue TrueBlue Marriott Bonvoy Singapore Airlines KrisFlyer Southwest Airlines Rapid Rewards United MileagePlus Virgin Atlantic Flying Club World of Hyatt Part of the appeal of the Chase Ultimate Rewards program is being able to combine points between eligible Chase credit cards that earn Ultimate Rewards. Depending on the situation, this provides opportunities to get more value from your points. For example, you might use the Chase Freedom Unlimited® card to make certain everyday purchases. You can move points from the Freedom Unlimited to your Sapphire Preferred, and they're immediately worth 25% more if you plan to redeem them for travel through Chase Travel. Using the same strategy, you can move points from another eligible card to your Sapphire Preferred and then transfer them to an available travel partner. Depending on your needs, you can redeem points for these redemption options: Transfers to airline and hotel partners Chase Travel redemptions, including flights, cruises, rental cars, and hotel stays Combine points between eligible Chase cards Cash back (statement credit or electronic deposit into an eligible U.S. bank account) Gift cards Chase Dining program Experiences Pay Yourself Back program Pay with Points program ( and PayPal) Each account anniversary, you earn a bonus of 10% of your previous year's total purchases. This likely won't be a huge bonus for most people, as 10% of a whopping $25,000 is only 2,500 total points, but it's an extra perk that doesn't require additional thinking. The Chase Sapphire Preferred provides various types of travel coverage: Auto rental collision damage waiver: Provides primary coverage for damages caused by theft or collision on eligible car rentals. Baggage delay insurance: Reimburses for essential purchases on eligible delays of over six hours. Lost luggage reimbursement: Reimburses for replacing or repairing eligible baggage due to loss, damage, or theft during a covered trip. Travel accident insurance: Covers the cardholder and eligible family members on eligible trips against different types of accidents. Trip cancellation and interruption insurance: Covers you against cancellations or interruptions on eligible trips due to covered situations, such as sickness or severe weather. Trip delay reimbursement: Covers unreimbursed expenses, such as meals and lodging, for eligible delays of 12 hours or more or delays requiring an overnight stay. Travel and emergency assistance services: Provides access to travel and emergency assistance services for various situations, including medical referrals, emergency transportation, and more. Note that benefits administrators can help you locate the services you need, but the costs of any services you decide to use are your responsibility. Any eligible new purchases you make with your card can receive these benefits: Purchase protection: Covers against damage or theft of eligible new purchases. Extended warranty protection: Extends eligible warranties on covered purchases by one additional a Sapphire Preferred cardmember, you can receive early access to tickets and priority seating. The events and experiences vary but could include festivals, concerts, dining experiences, and more. You can get a complimentary one-year DashPass membership for $0 delivery fees and lower service fees on eligible orders. After you activate this offer by Dec. 31, 2027, you can receive a $10 discount each calendar month on one qualifying non-restaurant DoorDash order. This offer continues as long as you're enrolled in the Chase Sapphire Preferred DashPass membership. You can contact the Visa Signature Concierge (1-800-953-7392) for help with restaurant reservations, tickets to various events, and more. Eligible Chase customers can break up purchases into multiple ways using the Chase Pay Over Time feature. If eligible and available, you can use Chase Pay Over Time after your purchase or during the checkout process with participating online retailers. Your rewards don't expire as long as your account is active. Chase Sapphire Preferred cardholders can refer friends and family to one of the Chase Sapphire products, including the Chase Sapphire Reserve® or Sapphire Preferred. You can earn bonus points for each approved person, up to a yearly limit. You can call the number on the back of your card for 2/47 customer service assistance. The Chase Sapphire Preferred is a great rewards credit card for people who want to travel more for less. Its low $95 annual fee is easily offset by its generous welcome bonus, high rewards rate, and additional perks, including extensive travel and purchase coverage. The Chase Sapphire Preferred is an excellent travel rewards card, but a no-annual-fee card may make more sense depending on your preferences. Consider these Sapphire Preferred disadvantages: $95 annual fee No airport lounge access No TSA PreCheck or Global Entry fee credit No introductory APR offer Typically requires a good or excellent credit score No, the Chase Sapphire Preferred doesn't provide an application fee credit for TSA PreCheck or Global Entry. For a travel credit card with a similar annual fee that does have this credit, consider the Capital One Venture Rewards Credit Card. You must make applicable purchases with your Chase Sapphire Preferred card to be eligible for travel insurance coverage. For example, you can receive auto rental coverage if you decline the rental company's collision insurance and charge the entire rental car cost to your card. The Chase Sapphire Preferred doesn't provide a free Lyft Pink membership. Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to the Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank's website for the most current information. This site doesn't include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.
Forbes
28-04-2025
- Business
- Forbes
Why I Applied For The Chase Sapphire Preferred Even Though I Already Had The Chase Sapphire Reserve
Like many people who fuel their travel dreams with points and miles, I'm always on the hunt for big rewards opportunities. So the latest 100,000-point welcome offer for the Chase Sapphire Preferred® Card immediately activated the pleasure-seeking part of my brain. I can't even tell you the daydreams I started having about where my family could go with 100K Chase Ultimate Rewards® points. (It probably rhymes with Shmeroo, has ancient ruins and llamas and has been on my bucket list for quite some time). Of course, big bonuses usually come with big spending requirements—and the Chase Sapphire Preferred® Card is no exception, with a welcome offer of 100,000 bonus points after spending $5,000 on purchases in the first three months from account opening. But fortune favors the bold, and as it turns out, my family had a sizable summer bill coming up and we had the cash ready to pay it off immediately. I also confirmed on my tracking sheet (what did you expect? I'm a credit card reporter!) that I was under 5/24—meaning I've been approved for less than five cards in the past 24 months—and thus eligible to apply for a new Chase card. So the timing was right. However, there was one big barrier between me and llama nirvana. I already owned a Chase Sapphire Reserve®, which made me ineligible for the bonus—at least without a little maneuvering. Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account ... More opening. Chase Sapphire Preferred® Card - See Rates & Fees Chase Sapphire cards only allow you to earn a welcome bonus on a card if you don't currently own a Sapphire card and if you haven't earned the welcome bonus on a Sapphire card within the previous 48 months. I applied for and received my Chase Sapphire Reserve card way back in February 2017. The card launched in 2016 with a then-groundbreaking 100,000-point welcome offer. I was fairly new to points and miles at the time, and this was my first premium credit card. I had a lot of fun using that bonus (rewards history fans may fondly recall the Marriott/United packages that were a steal back then), and it got me hooked on the thrill of taking trips I would have otherwise not been able to do. Points and miles have made impossible travel dreams for me and my family possible by greatly reducing our out-of-pocket costs. I know, I'm getting misty-eyed too, and you haven't even seen how cute my kids are on our adventures. The crucial point here is that I got my Chase Sapphire Reserve in 2017, so I was well past the 48-month threshold to be eligible for a bonus on a Sapphire card. That put the Sapphire Preferred's bonus one step closer within reach. To completely qualify for the Sapphire Preferred, I also had to not be a Sapphire cardholder at the time of my application. Yes, that means it was time to say farewell to my trusty Reserve. I can't lie, I had some feelings about it. It was a gateway card to a whole new world of opportunity for me. But in this case, change was necessary. I called Chase and asked to downgrade my Reserve to the no-annual-fee Chase Freedom Unlimited®. Boom! I was no longer a Sapphire cardholder (for the moment). Downgrading kept my account number the same, but the card's rewards rates and other details were now those of the Freedom Unlimited. There was no hard credit pull and the new card is on its way in the mail, but in the meantime, I could just keep using the metal card that was formerly known as my Reserve card. I waited a few days to make sure everything was switched over, and then I applied online for my new Chase Sapphire Preferred. And I'm pleased to report that I was approved! I've uploaded it to my Apple Wallet, and now I'm just waiting for the physical card in the mail. It's important to know that while you can downgrade a card at any time by swapping it for an eligible one by the same issuer at a lower fee, you cannot upgrade to a card with a higher annual fee for a minimum of a year after getting the original card. Federal legislation known as the CARD Act of 2007 includes a provision that prohibits issuers from raising your annual fee on a card within the first year after opening your account. This means if you really want the Sapphire Reserve but are thinking about going for the Sapphire Preferred for the bonus and then later upgrading, you'll have to wait a full year to do so. If you already own a Sapphire card, but you've had it for over 48 months, you might be able to put yourself in an eligible position to apply for the current 100,000-point welcome offer on the Chase Sapphire Preferred. There are a few boxes to check off, but if you're under 5/24, this is a bonus worth going for. Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Past performance is not indicative of future results. Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author's alone and have not been provided, approved, or otherwise endorsed by our partners.
Yahoo
13-04-2025
- Business
- Yahoo
Is the Chase Sapphire Preferred card still worth it in 2025?
The Chase Sapphire Preferred® Card is well worth it for people who want a low-maintenance card for earning and redeeming travel rewards. We think it's one of the best travel credit cards for most people because of its excellent balance between valuable benefits and a low annual fee. Each situation is different, but there's a simple way to determine if you get enough value from a rewards card to make it worth paying its annual fee: Calculate the value of the card benefits and see if they offset the annual membership cost. With the Chase Sapphire Preferred, you need to see if its benefits can offset the $95 annual fee each year. There are three important factors to consider when making these calculations: You don't need to calculate the value of every card benefit, just the benefits you plan to use. Unused benefits do nothing for you, so don't worry about them. Certain card benefits, such as travel and purchase coverage, aren't always easy to quantify, so use your best judgment. You need to get enough value from benefits to more than offset the annual fee. If you only get enough value to offset the annual fee, is the card actually worth keeping?Plenty of Chase Sapphire Preferred benefits, exist, but we think these are some of the best for offsetting the annual fee. The Chase Sapphire Preferred welcome bonus can change depending on whether there's a limited-time offer available. However, it often has a 60,000-point bonus, so we'll use that as our example. Sixty thousand Chase Ultimate Rewards bonus points are worth at least $750 if redeemed for travel through Chase Travel℠. That's nearly eight years of covering the annual fee with just the welcome bonus Chase Sapphire Preferred has this rewards rate: 5x points on travel purchased through Chase Travel℠ 3x points on dining, select streaming services, and online groceries 2x points on all other travel purchases 1x points on all other purchases You can adjust this for your own spending, but let's say this is your spending in applicable categories for the year: $5,000 on general travel purchases = 10,000 points $10,000 on dining, select streaming services, and online groceries = 30,000 points Forty thousand points are worth $500 toward travel in the Chase Travel portal. That's enough value to cover the card's annual fee for over five years. You could also offset the annual fee each year by earning 7,600 points, which are worth $95 toward travel with Chase transaction fees can be a nightmare if you frequently travel abroad because they add on a charge of about 3% for any purchases made from foreign merchants. If you spend $1,000 on purchases while in another country, that would be $30 in extra fees. If you have a credit card with no foreign transaction fees, that's $30 saved. Cardholders can purchase hotel stays through Chase Travel and earn up to $50 in statement credits each account anniversary year. This benefit is easy to use if it fits your annual travel schedule. If it does, that's an immediate $50 toward offsetting the annual fee. Your points are automatically worth 25% more if you redeem them toward travel using Chase Travel. This is a great benefit, especially if you have multiple Chase credit cards that earn Ultimate Rewards points. You can move points from other eligible cards to your Sapphire Preferred and they're immediately worth 25% more. Transfer partners: You can transfer points to over 12 travel partners, including Air Canada, JetBlue, Southwest Airlines, United, Marriott Bonvoy, and World of Hyatt. Transferring points to an airline or hotel partner is often one of the best ways to get the most value from your points. Visa card network: The Sapphire Preferred uses the Visa card network, which is accepted in over 200 countries and territories worldwide. Travel insurance: The Sapphire Preferred is known for its travel protections and coverage, including primary rental car insurance, baggage delay insurance, and trip cancellation or interruption insurance. Purchase protection: Eligible new purchases are protected against damage and theft and can have qualifying manufacturer's warranties extended by one year. Travelers: This is a travel credit card, so it will benefit travelers the most. That doesn't mean you have to be a frequent traveler, as occasional travelers can also benefit from the Sapphire Preferred and its perks, including travel and purchase coverage. Diners and people who shop for groceries online: The bonus categories are especially rewarding for people who frequently eat out and make online grocery purchases. Enough spending in these categories can supply a steady stream of valuable points. Chase customers: Having other Chase cards that earn Ultimate Rewards lets you combine points between cards and get more value from them. While we think the Chase Sapphire Preferred is an excellent option for many situations, we know it's not always an ideal fit. A cash-back credit card likely makes more sense if you're not interested in travel redemptions. You can choose from various no-annual-fee credit cards that offer excellent benefits without the annual cost, such as the Chase Freedom Unlimited®. The Chase Sapphire Reserve® and Capital One Venture X Rewards Credit Card provide benefits you won't find on the Sapphire Preferred, including airport lounge access and better travel credits. The Sapphire Preferred has a great rewards rate, but it can't match the everyday earning potential of cards like the Blue Cash Preferred® Card from American Express. The Chase Sapphire Preferred typically requires a good or excellent credit score to qualify. If you don't have good credit, consider using a secured credit card to build or rebuild your credit. The Chase Sapphire Preferred makes sense for anyone who wants to earn and redeem travel rewards with a low-annual-fee card. It's an excellent beginner travel card, but its low maintenance and extensive travel insurance benefits can also fit frequent travelers' lifestyles. There is no official Chase Sapphire Preferred credit limit, but reports suggest $5,000 is the minimum limit if you're approved. The Chase Sapphire Preferred has a $95 annual fee. Chase Sapphire Preferred benefits include: A generous welcome offer An elevated rewards rate No foreign transaction fees Transfer partners A 25% bonus to travel redemptions made through Chase Travel Up to $50 in annual statement credits for hotel stays booked through Chase Travel Travel and purchase coverage Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to the Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank's website for the most current information. This site doesn't include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.
Forbes
03-04-2025
- Business
- Forbes
Your Next Adventure Starts Here: Chase Sapphire Preferred Offering 100,000 Points To New Cardholders
New cardholders are eligible for the ultimate welcome with the Chase Sapphire Preferred® Card. For a limited time, this fan-favorite card is offering a best-ever bonus of 100,000 bonus points after spending $5,000 on purchases in the first 3 months from account opening. The Sapphire Preferred's offer typically sits around 60,000 points, making this a monumental increase. Chase Ultimate Rewards® points can be redeemed as statement credits, toward gift cards, applied for reservations made through Chase Travel℠ with a 25% bonus or transferred to more than a dozen airline and hotel partners at 1:1 value. If you're new to the program, you'll find inspiration on how to spend Ultimate Rewards points to maximize their value. Depending on how you redeem your rewards, this six-figure points offer could yield you any of these options: But that's just the beginning. The Sapphire Preferred consistently holds one of the top spots of Forbes Advisor's best travel credit cards due to its rich rewards, array of perks and incredible versatility. The Sapphire Preferred has an annual fee of just $95 per year but comes with premium benefits. In addition to its one-time welcome offer, the card continually earns 5 points per dollar on travel purchased through Chase Travel℠, 3 points per dollar on dining, select streaming services, and online grocery purchases (excluding Walmart, Target and wholesale clubs), 2 points per dollar on all other travel purchases and 1 point per dollar on other purchases. Once a year, you'll also receive a 10% points bonus on your total spending from the previous year (so $25,000 in spending would earn a 2,500 points bonus). All cardholders can earn up to $50 per year in statement credits when booking a hotel stay through Chase Travel. Eligible trips will also be covered by some of the best trip protections available through a credit card including trip cancellation and interruption insurance, trip delay reimbursement, baggage delay insurance and primary rental car collision coverage all at no extra cost. There are also no foreign transaction fees on the Sapphire Preferred, making it a fantastic companion card to take with you when traveling internationally. The Sapphire Preferred typically requires good or better credit for approval. Chase doesn't list a specific credit score range, but typically a 670 or higher represents a good credit score on the FICO scale. Chase only allows one Sapphire card per person. So if you already have a Chase Sapphire Reserve®* or have received a new cardmember bonus for any Sapphire card in the last 48 months, you unfortunately won't be eligible to get a new Sapphire Preferred. Additionally, Chase has another limitation that could impact your eligibility for approval. The Chase 5/24 rule automatically disqualifies you if you've opened five or more credit cards in the past 24 months. Find the best Chase credit card for your needs. A 100,000-point offer is among the highest we've ever seen on the Chase Sapphire Preferred® Card—or any other flexible travel card with an annual fee under $100. If you've been considering the Sapphire Preferred, now is a great time to apply. Getting paid handsomely to spend is tempting for any traveler and the card's ongoing perks make it one to hold onto for the long haul.
