Finances

Quick Review: Chase Sapphire Preferred Credit Card

The Basics

  • Bonus: 60,000 Points when you spend $4,000 in the first 3 months of opening it.
  • Annual Fee: $95
  • Credit Needed: Good – Excellent
  • Earning Points: 2x points on travel and dining, 1x points on all other purchases
  • 5x Lyft Points: Earn 5x points on each lyft ride
  • Unlimited Free Deliveries: When using DoorDash’s Dash Pass on purchases over $12 
  • Annual Bonus: No
  • Expiration of Points: No, as long as the credit card is open. You can transfer points to keep them alive prior to cancelling the card if applicable.

Other Perks

  • Primary Rental Car Coverage:Deny the insurance at the rental car company saving you $15+ dollars per rental and if you are involved in an accident or theft you are covered both domestically and abroad. 
  • Trip Insurance: Coverage if your trip is cancelled or delayed. Up to $10,000 per person
  • Auto Rental Collision Damage Waiver: Insurance covering rental car accident or theft on cars rented via this card
  • Baggage Delay Insurance: Baggage delays over 6 hours qualify you for up $100 dollars per day in reimbursements for up to 5 days to purchase clothing, toiletries, etc. 
  • Trip Delay Reimbursement: When your flight is delayed for over 12 hours, you can submit reimbursement for up to $500 back per ticket for lodging, food, transportation, etc. 
  • Purchase Protection: New purchases on your card are covered for damage or theft up to $500 per claim and $50,000 per account
  • Extended Warranties: Extends the warranties on purchased items by one year on top of the warranty already in place on items with warranties less than 3 years. 
  • No Foreign Transactions Fee
  • Customer Service Without Wait: Using a special toll free number, get immediately connected to a live representative. No hold music for you!
  • Metal Card: Very satisfying to use

Pros: 

  • Best Flexible Credit Card
  • Best Point Transfer/Redemption Credit Card
  • Large Initial Bonus

Cons:

  • Must Spend $4,000 in 3 months
  • Transferring/Redeeming Points takes practice/research
  • Requires Good – Excellent Credit

For the Full Review along with transfer partners and my personal opinion on this card follow the below link

To Receive 60,000 Chase Ultimate Reward Points, follow my  link below: