Chase Sapphire Preferred® Card Review: Earn 75,000 Bonus Points for Travel and More

The Chase Sapphire Preferred® Card remains one of the most popular travel rewards credit cards on the market — and for good reason. With a 75,000 bonus points offer and access to the flexible Ultimate Rewards® program, cardholders can redeem points for cash back, travel bookings, or transfer them to top airline and hotel partners for even greater value.

If you’re looking for a single card that delivers both strong travel perks and everyday rewards, this one consistently ranks among the best.

The Chase Sapphire Preferred Card earns 2X points on travel and 3X points on dining, plus bonuses on select streaming and online grocery purchases. All other purchases earn 1X point per dollar. Those Ultimate Rewards points can be redeemed through the Chase Travel portal at 25% more value, or transferred at a 1:1 ratio to major loyalty programs like United MileagePlus®, Southwest Rapid Rewards®, Marriott Bonvoy®, and World of Hyatt®.

Beyond earning potential, the card includes primary rental car insurance, trip cancellation coverage, and no foreign transaction fees, making it ideal for frequent travelers.

For new applicants, the 75,000-point welcome bonus (after meeting the minimum spending requirement) can be worth over $900 in travel when redeemed through Chase’s travel platform. Combine that with the relatively low annual fee and the ability to pool points with other Chase cards, and you’ve got a top-tier rewards card that balances value, flexibility, and protection.

Whether you’re booking international flights, hotel stays, or just want to maximize rewards on your daily spending, the Chase Sapphire Preferred Card continues to be one of the best mid-tier travel credit cards available.

• 75,000 bonus points after $5,000 in purchases in your first 3 months.
• 5X total points on all travel purchased through Chase Travel^SM.
• 3X points on on dining, including eligible delivery services, takeout and dining out.
• 3X points on select streaming services. Includes Disney+, Hulu, ESPN+, Netflix, Sling, Vudu, Fubo TV, Apple Music, SiriusXM, Pandora, Spotify and YouTube TV.
• 3X points on online grocery purchases (excluding Target, Walmart and wholesale clubs).
• 2X points on all other travel purchases.
• 1 point per dollar spent on all other purchases.
• $50 Annual Credit on hotel stays purchased through Chase Travel^SM. New cardmembers will start earning towards the credit immediately and existing cardmembers will start earning after their next account anniversary.
• Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
• 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel^SM. For example, 80,000 points are worth $1,000 toward travel.
• 1:1 point transfer to leading airline and hotel loyalty programs.
• 10% Anniversary Point Bonus. Each account anniversary, cardmembers will earn bonus points equal to 10% of total purchases made the previous year. That means, $25,000 in spend will earn an additional 2,500 bonus points.
• No foreign transaction fees.
• Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
• $95 annual fee.

Note the following text:

The product is not available to either (i) current cardmembers of any Sapphire credit card, or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 48 months.

Chase has an unofficial rule that they will automatically deny approval on new credit cards if you have 5 or more new credit cards from any issuer on your credit report within the past 2 years (aka the 5/24 rule). This rule is designed to discourage folks that apply for high numbers of sign-up bonuses. This rule applies on a per-person basis, so in our household one applies to Chase while the other applies at other card issuers.

Ultimate Rewards points. This card offers a special 25% bonus on travel redemptions made through the Chase Travel^SM site. For example, 60,000 Ultimate Rewards = $750 in travel. 75,000 Ultimate Rewards = $937.50 in travel. Similar to Expedia or Travelocity, you can book flights on most major airlines and hotel chains. This makes it much more flexible to spend your points. You can even buy something more expensive than your points can cover and pay the difference in cash.

If you have other Chase cards that earn Ultimate Rewards points like the Freedom Flex, Freedom Unlimited, Ink Business Cash or Ink Business Unlimited, you can transfer points into this card account and take advantage of the this higher premium. In other words, your existing Ultimate Rewards points balance could be increased in value by getting this card.

The Chase Sapphire Reserve Card is the “ultra-premium” rewards card that offers a bigger 50% bonus on travel redemptions, along with more perks and a higher annual fee.

Prefer airline and/or hotel points? This card also allows you to transfer Ultimate Rewards points into hotel and/or airline miles. Transfer to United Airlines, British Airways, Air Canada, Singapore Airlines, Korean Air, Southwest, Hyatt Hotels, IHG Hotels, and Marriott Hotels at a ratio of 1 Ultimate Rewards point = 1 mile/hotel point. Miles redemption continue to offer great value for savvy travelers, especially for last-minute travel and business class seats. I personally use the transfers to “top off” my account to reach a free coach ticket or free hotel night when I don’t have enough points otherwise. My favorite options are United miles, Southwest miles, and Hyatt hotel points. I usually try to save up my points for a Hyatt hotel stay that gets me over 2 cents per point value.

Cash redemptions are a simple and easy option at straight conversion of 100 points = $1.

Sharing points. Ultimate Rewards points are instantly transferable to other accounts including family members, as long as they have their own Chase card with Ultimate Rewards as an authorized user. This way, you can pool points together for transfers and redemptions if you like.

Additional card benefits:

• Primary car rental collision damage waiver insurance. Decline the rental company’s collision insurance and charge the entire rental cost to your card. Coverage is primary and provides reimbursement up to $75,000 for theft and collision damage for most rental cars in the U.S. and abroad. Most other cards only offer secondary coverage that kicks in only after the deductible of your individual insurance policy is used.
• Trip Cancellation/Trip Interruption Insurance. If your trip is canceled or cut short by sickness, severe weather and other covered situations, you can be reimbursed up to $10,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours, and hotels.
• Trip Delay Reimbursement. If your common carrier travel is delayed more than 6 hours or requires an overnight stay, you and your family are covered for unreimbursed expenses, such as meals and lodging, up to $500 per ticket

Bottom line. The Chase Sapphire Preferred® Card is a popular premium travel rewards card with 3X points on dining out and 2X points on travel. Ultimate Rewards points are very flexible, either transferrable to several airline/hotel programs or directly redeemable to offset a hotel/airfare purchase through Chase Travel^SM.

Compare with the Chase Sapphire Reserve® Card, which offers a bigger 50% bonus on travel redemptions, along with more perks and a higher annual fee.