So if you spend $25,000 on your card in a year, you’ll receive a 2,500-point bonus at your card anniversary. Note that this rebate is on purchases, not points earned. Note however that the categories may change over time.Īside from the potential 25% increase in redemption value, there’s another rewards-maximizing trick with this card: If you strategically pair it with another complementary Ultimate Rewards-earning card, like the Chase Freedom Flex℠ * or Chase Freedom Unlimited®, you can combine all of your points together and redeem them at the Sapphire Preferred’s elevated value.Īnd finally, Chase provides a 10% rebate on your purchases as a cherry on top of the sundae. Currently, though, the only category receiving the increased 25% redemption values are charitable donations. In addition, Chase’s Pay Yourself Back program allows you to redeem your rewards in eligible categories as a statement credit, potentially for increased value. Top it off with the ability to transfer your points to over a dozen travel partners, like United and Hyatt, for potentially even more value and some notable travel protections and insurances, to boot. That’s the kind of reward redemption value that nearly anyone who ever plans a trip beyond their front door can appreciate. But the card also offers some plush extras that appeal to even more experienced rewards wranglers, like a 25% increase in value when you use your rewards for travel booked through the Chase Travel center and a $50 annual credit on hotel stays purchased through Chase Ultimate Rewards®. Those are easy-to-digest earnings that someone just dipping their toe in travel rewards is likely to be able to manage. That’s because it could be a natural fit for both points and miles novices and reward maximizing experts.įor a soft-on-the-wallet annual price tag of $95 you’ll earn 5 points per dollar on travel purchased through Chase Ultimate Rewards®, 3 points per dollar on dining, select streaming services, and online grocery purchases (excluding Walmart, Target and wholesale clubs), 2 points per dollar on all other travel purchases and 1 point per dollar on all other purchases. The Chase Sapphire Preferred® Card is a top-notch choice when it comes to travel cards.

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