Chip Lupo, Credit Card Writer
@CLoop
Chase Sapphire Preferred gives 5X points on travel purchases booked through the Chase Travel portal. You can earn 5 points / $1 spent on airfare, hotel stays, car rentals, cruises, activities, and tours simply by making the purchase through Chase Travel using your card.
Key Things to Know About Chase Sapphire Preferred Travel Rewards
- The maximum rewards rate is reserved for Chase Travel purchases.
- Accommodations booked directly through a travel provider and all other travel-related purchases will get you 2 points per $1 spent.
- Chase Sapphire Preferred offers a $50 annual credit for hotel bookings made through Chase Travel. This means your first $50 in hotel purchases booked through Chase Travel each year will not earn 5 points / $1 spent.
- Chase Sapphire Preferred’s initial bonus is 75,000 points for spending $5,000 on purchases in the first 3 months. Those bonus points are worth $750 when redeemed for cash, gift cards, and travel, which will cover the cost of the card’s $95 annual fee for several years.
While Chase Sapphire Preferred is regarded as one of the best travel credit cards on the market, it also offers 3X points per $1 spent on dining, select streaming services, and online grocery orders. Plus, there’s a 10% bonus every account anniversary based on your total spending from the previous year.
Big spenders who travel frequently and want perks such as airport lounge access and a $300 annual travel credit may want to consider Chase’s other travel credit card offering, Chase Sapphire Reserve®. Its annual fee is very steep, at $795, but it has enough rewards and travel perks to be worth the lofty price tag. Among them are 8 points per $1 spent on purchases made through Chase Travel℠ (including The Edit℠), 4 points per $1 on direct bookings with airlines and hotels, 3 points per $1 on dining, and 1 point per $1 on all other purchases.
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