But the Chase Sapphire Preferred® Card has one major thing going for it: It s cheap. At $95 a year, the Chase Sapphire Preferred® Card is a premium card packed with tons of potential at an entry-level price. Plus, it s actually offering a higher sign-up bonus than the Chase Sapphire Reserve®.
With the Chase Sapphire Preferred® Card, you can earn 80,000 points after you spend $4,000 in the first three months of account opening. With the Chase Sapphire Reserve®, the sign-up offer has the same minimum spending requirement in the first three months, but you ll earn 60,000 points instead of 80,000 points.
That small fee grants access to a bevy of impressive perks for such an inexpensive card which includes, but is certainly not limited to, primary car rental insurance, trip cancellation insurance, and trip delay reimbursement.
The Chase Sapphire Preferred® Card is currently offering an increased 80,000-point welcome bonus.
You can redeem your bonus points to get $1,000 or more in value, even if you re not traveling.
80,000 points are worth $1,000 when you book travel through Chase or redeem with Pay Yourself Back.
The Chase Sapphire Preferred® Card is one of the most popular credit cards available, and it s currently offering its highest-ever welcome bonus to new cardholders: 80,000 Ultimate Rewards points after you spend $4,000 in the first three months of having the card.
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Chase markets the 80,000-point welcome bonus from the Chase Sapphire Preferred® Card as being worth $1,000 towards travel (a value of 1.25 cents per point), and this is the value you ll get when you book your reservations directly through Chase. This isn t always the most lucrative way to redeem your Chase points, but it serves as a good baseline of value.