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Chase Sapphire Preferred offers a massive 60,000 point bonus (worth at least $750), plus earn 2X points on dining and travel.
As a personal finance writer I review dozens of travel credit cards each year. I've also booked several free vacations for my family using travel card points. My go-to travel card for scoring free flights and hotels? The Chase Sapphire Preferred® Card.
This card has won best travel card awards from Kiplingers, Conde Nast Travel, and US News & World Report. Money Magazine calls the 60,000 point bonus “the best signup bonus we’ve seen in years.”
60,000 Bonus Points Worth $750 to $2,000
After spending $4,000 in the first 3 months, you get a bonus of 60,000 points, which is worth $750 when used for travel at the Chase Ultimate Rewards portal. This is one of the biggest bonuses available.
The Ultimate Rewards portal works just like Kayak or Expedia. You enter your destination and dates, and you can compare flights and hotels. When you book your flight or hotel through the portal, you get a 25% points discount, which means the 60,000 bonus points is worth $750 for travel booked through Ultimate Rewards. For example, you could get 2 roundtrip tickets to Hawaii or 2 roundtrip tickets to Europe.
2X Points on Restaurants and Travel
I spend all my money on eating out, so Sapphire Preferred is perfect for me. I use it every day to really quickly rack up points.
Transferring Points Can Be Worth Thousands of Dollars
While you can always get $750 worth of travel value at the Ultimate Rewards portal, you can sometimes get thousands of dollars of value by transferring your points to airline and hotel loyalty programs, including United Airlines and Hyatt, and then booking flights and hotels from those programs.
For example, one of the best ways to spend your 60,000 Sapphire Preferred points is to transfer it to the Hyatt program, where you can book 12 hotel nights at a standard hotel. Or use the same 60,000 points for two nights at the luxuriously exotic Park Hyatt in the Maldives, where rooms (villas) cost $2,000 for two nights. The 1,776 sq ft villas have private decks and direct access to the gorgeous white sand beach.
Best-In-Class Travel Benefits
Unlike travel benefits from other cards, Chase Sapphire Preferred offers true best-in-class privileges like:
There’s really no reason not to, even if it’s just for the bonus. The 60,000 bonus points are worth at least $750.
If you’re like me and spend most of your money on restaurants, and want to travel more, then the Chase Sapphire Preferred is the perfect card for you too. I use this card every day, whether I’m having dinner at the bistro down the street or wandering the streets of Paris!