Is the Chase Sapphire Preferred® Card worth it?

Yes, the Chase Sapphire Preferred® Card offers excellent value for travelers. For a relatively low annual fee, you’ll earn strong rewards on travel and dining, benefit from flexible redemption options, and gain access to 14 transfer partners.

What is the Chase Sapphire Preferred® welcome bonus?

New cardholders can earn 75,000 bonus points after spending $5,000 within the first 3 months of account opening. These points are worth at least $937.50 through Chase Travel—or more if transferred to travel partners.

Does the Chase Sapphire Preferred® charge foreign transaction fees?

No, this card does not charge foreign transaction fees, making it an excellent option for international travel and purchases abroad.

Can I transfer Chase Sapphire Preferred® points to airlines and hotels?

Yes, points earned with this card can be transferred to 14 travel partners including Air Canada Aeroplan, Air France-KLM Flying Blue, United MileagePlus, and World of Hyatt, offering high-value redemption opportunities.

What kind of travel protections does the card offer?

The card includes trip cancellation/interruption insurance, baggage delay insurance, primary car rental coverage, and trip delay reimbursement—when you use the card to pay for travel.

What is the 10% annual points bonus with the Chase Sapphire Preferred®?

Each year on your account anniversary, you’ll earn a 10% points bonus based on how much you spent during the previous year. For example, if you spent $25,000, you’ll get an extra 2,500 points.

How much is a Chase Ultimate Rewards point worth?

Points are worth 1.25 cents each when redeemed through Chase Travel with the Sapphire Preferred. You can potentially get even more value by transferring to loyalty programs and booking flights or hotels strategically.

Andrew Kunesh

Andrew was born and raised in the Chicago suburbs but now lives in Queens, New York. He’s a lifelong traveler and took his first solo trip to San Francisco at the age of 16. Fast forward a few years, and Andrew now travels just over 100,000 miles a year, with over 40 countries, 20 travel credit cards and 3 airline statuses under his belt. Andrew was formerly a Senior Editor at The Points Guy and CNN Underscored.

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