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Credit Cards
Home›Credit Cards›6 Reasons the Chase Sapphire Preferred Should Be Your Next Credit Card

6 Reasons the Chase Sapphire Preferred Should Be Your Next Credit Card

By Matthew Lynch
February 1, 2024
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The Chase Sapphire Preferred card has become a top choice for travelers and spenders alike, offering a variety of perks and benefits that make it stand out from its competitors. Here are six compelling reasons to consider making the Chase Sapphire Preferred your next credit card:

1.Generous Signup Bonus: New cardholders can earn a substantial signup bonus of bonus points after meeting the initial spend requirement within the first three months of account opening. This bonus alone can translate into significant value when redeemed through the Chase Ultimate Rewards program.

2.Valuable Reward Points: The points you earn with the Chase Sapphire Preferred card are incredibly flexible and valuable. Cardholders are rewarded with more points on travel and dining purchases, and points can be redeemed for travel, merchandise, gift cards, or cash back. Additionally, points are worth 25% more when you book travel through the Chase Ultimate Rewards portal.

3.Transfer Partners: One of the unique features of the Chase Ultimate Rewards program is the ability to transfer points to numerous airline and hotel loyalty programs at a 1:1 ratio, often allowing for even greater value if used strategically with partners’ reward programs.

4.Travel Protections: When you book travel with your Chase Sapphire Preferred card, you’ll receive an array of travel protection benefits such as trip cancellation/interruption insurance, baggage delay insurance, trip delay reimbursement, and more—providing peace of mind during your travels.

5.No Foreign Transaction Fees: This feature is crucial for international travelers. With no foreign transaction fees on purchases made abroad, you can use your card worldwide without worrying about extra charges that can quickly add up.

6.Annual Fee: While some premium credit cards come with hefty annual fees that can be hard to justify, the Chase Sapphire Preferred card offers all these benefits at a more manageable annual fee. Considering the value that can be extracted from its rewards and benefits, many users find the fee to be well worth it.

These reasons highlight why the Chase Sapphire Preferred could be an excellent choice for anyone looking to enhance their spending power and enjoy valuable travel perks. Whether you’re a frequent traveler or simply seeking flexible reward options and significant coverage on your purchases, this credit card offers compelling advantages that could well justify making it your next financial companion.

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Since technology is not going anywhere and does more good than harm, adapting is the best course of action. That is where The Tech Edvocate comes in. We plan to cover the PreK-12 and Higher Education EdTech sectors and provide our readers with the latest news and opinion on the subject. From time to time, I will invite other voices to weigh in on important issues in EdTech. We hope to provide a well-rounded, multi-faceted look at the past, present, the future of EdTech in the US and internationally.

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