Chase Sapphire Preferred Card Delivers 60,000 Bonus Points, Premium Travel and Dining Perks and No Foreign Transaction Fees

Quick look at the Chase Sapphire Preferred value

The Chase Sapphire Preferred card delivers a strong sign-up bonus of 60,000 Ultimate Rewards points after meeting the minimum spend, plus a modest $95 annual fee. With zero foreign transaction fees, it’s built for Americans who travel overseas and want to avoid extra charges while earning rich rewards on dining and travel.

This card mixes approachable cost with premium perks, making it a go-to for frequent flyers and dinner-goers who want real travel value without the high premium fee of top-tier cards. Chase Sapphire Preferred is positioned as a versatile rewards tool for everyday spending and vacation planning.

Earning rates and smartest redemption moves

Use the Chase Sapphire Preferred to earn 5x points on travel booked through Chase Travel, 3x on dining and select streaming services, and 2x on other travel purchases. Points stack quickly when you charge flights, restaurants, and online groceries to the card, which helps you reach big redemptions sooner.

Redemption options include booking through the Chase portal where points are worth 1.25 cents each, or transferring 1:1 to airline and hotel partners like United, JetBlue, Southwest, Hyatt and Marriott. Transferring points during award availability windows often unlocks the highest per-point value for premium flights and suites.

Perks, protections and everyday benefits

Beyond rewards, the Chase Sapphire Preferred offers travel protections such as trip cancellation/interruption insurance, primary auto rental collision damage waiver, and lost luggage reimbursement. You also get an annual $50 hotel credit for stays booked through Chase and complimentary DashPass access when activated, which pairs well with 3x dining earnings.

The card’s coverage and bonus categories make it useful both on the road and at home: use 3x points on eligible streaming services and online grocery orders to build points from routine spending. These extras add up, turning daily bills into travel funding while keeping out-of-pocket travel costs lower thanks to no foreign transaction fees.

Who should get the Chase Sapphire Preferred and how to maximize it

Chase Sapphire Preferred is ideal for U.S. residents with good to excellent credit who want a travel-focused card without a steep annual fee. If you travel internationally or eat out regularly, the card’s bonus categories and transfer partners create outsized value compared to flat cashback cards.

Maximize value by putting all travel and dining on the card, booking through the Chase portal for 1.25c/pt or transferring to airline/hotel partners for peak redemptions. Pay balances in full to avoid variable APR penalties and consider pairing this card with another no-fee daily card for non-bonus categories. Apply online when you’re ready to turn everyday spending into premium travel rewards.