Introduction: The Chase Sapphire Preferred® Card is one of the most popular travel credit cards on the market, known for its flexible rewards program and excellent redemption options. Whether you’re looking to earn points quickly or maximize their value, this card has you covered. In this post, we’ll explore the best ways to earn and redeem points with the Chase Sapphire Preferred® Card, so you can make the most of your travel rewards.
Earning Points:
- 2x Points on Travel and Dining: Earn 2x points per dollar spent on travel and dining, including flights, hotels, taxis, and restaurants. This makes the Chase Sapphire Preferred® an ideal card for those who frequently dine out or travel.
- 1x Points on All Other Purchases: Earn 1x points on every other purchase, ensuring you earn rewards no matter where you spend.
- Sign-Up Bonus: Earn 60,000 points after spending $4,000 in the first 3 months, which can be worth up to $750 when redeemed through Chase Ultimate Rewards.
Redeeming Points:
- Chase Ultimate Rewards: Redeem points through Chase Ultimate Rewards for 25% more value on travel bookings. For example, 60,000 points are worth $750 when used for flights, hotels, car rentals, and cruises.
- Transfer to Travel Partners: Transfer points at a 1:1 ratio to leading airline and hotel loyalty programs, such as United Airlines, British Airways, and Hyatt. This can provide even greater value, especially if you find high-value redemption opportunities.
- Pay Yourself Back℠: Use points to cover purchases in select categories, such as grocery stores, dining, and home improvement stores, at a rate of 1.25 cents per point.
- Cash Back and Gift Cards: Redeem points for cash back at 1 cent per point, or choose from a variety of gift cards. While these options offer lower value, they provide flexibility if you’re not traveling.
Maximizing Points Value:
- Combine with Other Chase Cards: If you have other Chase cards, such as the Chase Freedom Flex℠ or Chase Ink Business Preferred®, you can combine points to increase your redemption options and value.
- Use Points for High-Value Redemptions: Look for opportunities to transfer points to travel partners where you can get more than 1.25 cents per point in value, such as business class flights or luxury hotel stays.
- Take Advantage of Promotions: Keep an eye out for limited-time promotions where Chase offers bonuses on point transfers or specific redemption options.
Conclusion: The Chase Sapphire Preferred® Card offers a versatile and valuable rewards program that’s perfect for travelers. By earning points on travel and dining, redeeming through Chase Ultimate Rewards, and taking advantage of transfer options, you can maximize the value of your points and enjoy more rewarding travel experiences. Whether you’re booking a dream vacation or simply want cash back, the Chase Sapphire Preferred® Card provides the flexibility and value you need.
