Chase Sapphire Preferred is one of the most rewarding credit cards on the market because cardholders have the opportunity to earn bonus points early and often. In fact, earning Chase Sapphire Preferred rewards is pretty straightforward. But the rewards redemption process is a little more complicated.
Fortunately, you have a number of good options. And regardless of which you choose, you’ll be starting in the same place: Chase's Ultimate Rewards portal. You’ll be able to use your normal chase.com username and password to sign in.
Key Facts About Chase Sapphire Preferred Rewards:
How to earn: Simply use your card to make purchases in order to get rewards points.
Expiration: Your points don’t expire as long as your account stays open and in good standing. And there’s no limit to the number of points you can earn.
Travel redemption: Chase Sapphire Preferred rewards points are best used for travel booked through Chase’s online portal. Just select "Explore & Book Travel" once you’re signed into the Chase Ultimate Rewards website to get started.
Transfer points to Chase's travel partners: You can transfer Chase Sapphire Preferred rewards points to partnered airline and hotel loyalty programs. Just confirm that you have a loyalty account, then select "Transfer Points to Travel Partners" in the Ultimate Rewards portal.
“Shop with Points” on Amazon: You can use your Sapphire Preferred rewards points instead of a credit card or debit card when checking out on Amazon.com. Follow Amazon’s instructions to get started.
Redeem for cash or gift cards: If you don’t want to redeem for travel or Amazon.com purchases, you can convert Chase Sapphire Preferred rewards into cash or gift cards for your favorite stores. Log in to the Ultimate Rewards portal and choose either "Get Cash Back" or "Shop Gift Cards."
Chase Sapphire Preferred is one of the best rewards cards on the market, well worth getting if you use it regularly and travel often.