5 reasons the Chase Sapphire Preferred credit card is a powerhouse - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The credit card rewards space is more competitive than ever, but the Chase Sapphire Preferred Card is still a powerhouse

For comparison, the Sapphire Reserve's fee is $450. Although the rewards and benefits more than make up for that, you'd still need to have the liquid cash available to pay the fee up front, then get the value back later.Chase offers a few valuable ways to use your points — you canOne option is to redeem them for cash or gift cards at a rate of 1 cent per point. That means that your 60,000-point sign-up bonus would be worth $600.

The next option is to use points to book travel through Chase. When you do that, you'll get a 25% bonus in value — points will be worth 1.25 cents each, so that 60,000 points would be worth $750.— is to transfer them to one of Chase's 13 frequent flyer and hotel loyalty partners. While that last method can get complicated, it can easily be worth it; that's how I've booked flights in5. The card comes with a suite of useful travel benefits and protections.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ink Business Preferred Credit Card ReviewThe Chase Ink Business Preferred card offers one of the most lucrative signup bonuses and up to 3x points on purchases. Get the details in this Forbes exclusive review. Here’s a referral for the offer!
Source: Forbes - 🏆 394. / 53 Read more »

Capital One Spark Business Credit Cards Limited Time Offers—$2,000 Sign-up BonusCredit card offers come and go, but these from Capital One's business cards are almost too good to pass up.
Source: Forbes - 🏆 394. / 53 Read more »