Travel Past 50 is part of an affiliate sales network and receives compensation for sending traffic to partner sites. This compensation may impact how and where links appear on Travel Past 50. This site does not include all financial companies or all available financial offers. Click here to see our full disclosure.
Of all the travel credit cards we carry, the Chase Sapphire Preferred® Card is our favorite. There are lots of reasons which we'll enumerate below, but the main ones are that it allows us to accumulate very useful points quickly, it gives you a 25 percent bonus when you book through the Chase Travel℠ portal, and you make back most of the $95 annual fee with the included $50 annual hotel credit.
We've mostly used the points we've accumulated on the Chase Sapphire Preferred® Card to book flights when we're not flying on Delta or one of its partners. (We're pretty much locked into Delta SkyMiles® American Express cards for that so we can keep our Platinum status, and because our home airport of MSP is a Delta hub.)
Almost always, when we are going somewhere Delta or a partner doesn't go, such as Malawi or Kyrgyzstan, we've been very pleased at how easy it was to book flights on South African Airways or Turkish Airlines with points on the Chase Travel Portal.
The other key time it makes sense to use this card's benefits is to book a hotel at least once for cash through the Chase Travel Portal. You'll get an immediate $50 credit on your booking (and 5x points on the remaining balance.)
Table of Contents
Earning points with the Chase Sapphire Preferred® Card
Let's enumerate the many ways to rack up points using of the Chase Sapphire Preferred® Card:
- Get up to $750 in Chase Travel value. Earn 60,000 bonus points after $4,000 in purchases in your first 3 months from account opening. That’s worth $750 when redeemed through Chase Travel.
- 2x points on travel purchases.
- 3x points on restaurants, eligible delivery services and takeout, certain online grocery purchases, and select streaming services.
- 5x points on travel purchased through Chase Travel Portal.
- 5x points on Lyft (expires March 2025.)
- 10 percent anniversary points boost (earn bonus points equal to 10 percent of your total purchases made the previous year. This bonus is calculated on the dollars you spent rather than the points you earned. You won't receive additional bonus points by leveraging the card's bonus categories.)
- 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.
- 1 point per dollar on everything else.
Redeeming points with the Chase Sapphire Preferred® Card
When you're ready to redeem the points you've earned with the Chase Sapphire Preferred, you'll understand why we love this card.
You can use your points to purchase airfare, reserve hotel rooms and rent a car through Chase Travel Portal — all at a fixed rate of 1.25 cents per point. In Chase Travel, points are just like cash. That means you won't see blackout dates or limited award space; you'll always be able to book travel using your points. As long as a seat for sale on the flight you want or a hotel room is available to reserve with cash, you can pay for it with your points.
The only downside is that hotel reservations booked through third-party sites (including Chase Travel) typically won't earn points or count toward elite status qualification.
Other Chase Sapphire Preferred® Card benefits
- As we said above, you'll get 25 percent bonus value when you redeem for airfare, hotels, car rentals, and cruises through Chase Travel Portal.
- No foreign transaction fees. Obviously that's a big one for us. (Read here about how to always get the best foreign exchange rates.)
- $50 Annual Chase Travel Portal hotel credit, as noted above.
- Points transfers to airline and hotel partner programs (see below.)
- Free DoorDash DashPass subscription for one year. (Activate by Dec. 31, 2024)
Trip protection
Finally, when you use the Chase Sapphire Preferred® Card for booking car rentals, cruises, plane tickets and hotels it comes with comprehensive travel and purchase protections. Among them are:
- Primary rental car coverage
- Trip delay insurance
- Trip cancellation insurance
- Baggage delay insurance
- Lost luggage reimbursement
- Purchase protection
- Extended warranty protection
Chase transfer partners
Chase points are also extremely valuable because you can directly transfer them to some airlines and hotel programs, and then use that program's points to book your airfare or hotels. Transfer airline partners include: Aer Lingus, Air Canada, British Airways, Emirates, Flying Blue (Air France/KLM), JetBlue, Iberia, Southwest, Singapore Airlines, United, and Virgin Atlantic. Hotel partners include IHG, Hyatt, and Marriott.
All of these benefits add up to one of the best travel credit cards out there, and make it worth many times the $95 annual fee.
Also, if a business card is right for you, the Chase Ink Business Preferred® Credit Card has a great introductory offer on now. The welcome offer is currently 90,000 points, after you spend $8,000 on purchases in the first 3 months from account opening. Those 90,000 points are worth a minimum of $1125 in travel benefits. And the $95 annual fee is the same as the Sapphire Preferred card.
Please note: When you've decided to get a travel credit card take the time to find the card that makes the most sense for you and your spending habits. First, though, the most important part in maximizing any credit card rewards is treating your cards like cash. You must pay off your credit card balance every month or the interest rates will negate any benefit of your points.