Credit cards are just like any other product or service. Their proprietors and issuers need to find innovative packaging and exclusive benefits which they can then market to their target demographic if they want to stay on top. This is actually very good for you, as a consumer, because it helps to keep companies honest and it helps to keep the market competitive. In terms of credit cards, competition usually generates more features or benefits with fewer costs or fees. Unfortunately, in this tough economic time, these cards are also difficult to find. However, the Chase Sapphire Preferred Card offers all of these to financial customers in the United States. If you need a new credit card, you might want to look into it; even if you do not need a new one, this card still might benefit you.
Chase Sapphire Preferred Card
- FREE FLIGHT – that’s 25,000 bonus points after you spend $3,000 in the first 3 months!
- 2X points earned on all airfare booked through Ultimate Rewards
- 1 point for every dollar spent on all other purchases
- No travel restrictions or blackout dates and points never expire.
- Points are worth 25% more when you redeem for travel through Ultimate Rewards
- 7% annual points dividend – earn bonus points on your points
- 1:1 points transfer to leading airline and hotel programs
- 24/7 Dedicated expert service advisors (No voice recording)
- No Annual Fee for your first year – An $85 value
Sapphire Preferred Card Review
First of all, when you use the Sapphire Preferred Card from Chase to buy everyday things, you will earn points that you can use towards air miles on your favorite airline. From gas to groceries to entertainment expenses, you can earn easily. This card does not blackout dates, times, airlines, or brands, so you can always fly with your preferred airline, if that is your choice. If you actually use your card to make travel reservations, you will get twice as many points. If you reach a particular minimum purchase total within the first 3 months of receiving your card you will also get 25,000 bonus points, which is already enough for a single flight!
While many people use their points on airfare, you can also use your points towards credit on your existing frequent flyer or hotel stay program. However, there are some travel restrictions, so you will need to be sure and check with your Guide to Benefits to make sure you understand the limitations. There is no limit to the total amount of points that you can accrue, so feel free to take your time to understand how it all works. Besides, you do not have to spend your points on airfare; you can also use these points in the Ultimate Rewards Mall, an included affiliate program that gives you access to exclusive products and services. You can even use your rewards to pay off your Chase Sapphire SM Preferred Card balance, which is basically the same thing as getting a cash rebate.
Lacking a traditional annual fee, the Chase Sapphire Preferred Credit Card does indeed offer an incredible value. Although the travel incentives are highly competitive, and therefore very attractive, you will also appreciate having 24/7 access to live help when you need it. Many companies try to save money by skimping on this feature, but they end up hurting themselves because you can’t get the kind of personalized attention that you need and deserve. In fact, Chase Bank guarantees that you will never talk to a machine at any time during your phone call.
Finally, you need to truly understand how the Chase Sapphire Preferred Credit Card works if you want to truly capitalize on all of these benefits. You need to know that it can take 60 days or more before your rewards miles will post to your account. While this means you can’t use them right away, it does give you more time to plan for when you do use them. Of course, you should also be aware that there is a small service fee assessed every time you process a ticket over the phone. Ordering your boarding pass online, however, is free of charge, so it is therefore recommended that you use that method.
Similar Credit Cards
- Travel Rewards Credit Cards
- Premium Credit Cards
- Instant Decision Credit Cards
- No Annual Credit Cards
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