People often ask me: “What’s the best credit card if I only travel occasionally?” It’s the Chase Sapphire Preferred, and in this video I’ll tell you why!
Earning Points on Spend:
The Chase Sapphire Preferred earns my favorite rewards currency, Chase Ultimate Rewards points. 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
airlines, airports, car rental agencies, cruise ships, hotels, timeshares, local and commuter transportation (including trains, buses, taxis/limos, ferries, bridges, tolls and parking), travel agencies
merchants whose primary business is sit-down or eat-in dining, including fast food restaurants as well as fine dining establishments.
The points guy estimates the points at 2 cents per point… but you can get more.
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards®
At Hyatt Hotels that’s 12 nights at category 1’s, or 2 nights at category 7s.
Redeem for cash at 1 cent per point.
Book award travel at the Ultimate Rewards portal and get a 25% bonus. (No blackout dates)
Transfer to partners:
You can transfer to United and book another Star Alliance Carrier.
British Airways for One World
Air France for Skyteam
IHG Rewards Club
World Of Hyatt
No foreign transaction fees — these are typically 3%
Primary car rental insurance – Covers damage or theft to your rental car
Trip delay reimbursement – Get up to $500 back per ticket when your trip is delayed more than 12 hours
Baggage Delay Insurance — Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours up to $100 a day for 5 days
Purchase Protection — Covers your new purchases for 120 days against damage or theft up to $500 per claim
Extended Warranty Protection
Extends the time period of the U.S. manufacturer’s warranty by an additional year, on eligible warranties of three years or less
Phone answered by a person
Reasonable $95 annual fee. Authorized users can be added to the card at no extra cost