Is the Chase Sapphire Preferred worth it?

you Frequently travellers or Beginners with points and milesThere are many reasons Chase SapphirePreferredCard® (look Fees and fees) A great option for you.

But for a fee of $95 a year, you might ask, is Chase Sapphire worth it?

Sapphire was my first choice Transferable reward cards And my first one Annual fees. A few years after I held my card, I can strongly assert that I received a lot more value from the card than I paid with the annual fee.

Best Offer: Earn 100,000 bonus points with Chase sapphire is desirable After spending $5,000 on a purchase within the first three months of opening an account.

Let’s explore ways you can get far more value from your Chase Sapphire preference than the cost of carrying each year.

This is Travel Reward Card 101: Most of the value you receive from a new card (especially First year) comes from Get a welcome bonus. This is especially true Sapphire is desirable.

Now, new applicants can earn 100,000 points after spending $5,000 in the first three months of opening an account. This matches Best bonus I saw it on the last card offered over three years ago.

TPG March 2025 evaluation With the Chase Ultimate Rewards program, you’ll place this bonus at a whopping $2,050 A valuable transfer partner.

However, even if you want to go on a simpler route, you can still earn at least $1,250 worth of money from redeeming points for your trip purchases. A chased trip℠.

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The value of this bonus alone completely offsets the $95 annual fee for the first year.

Related: Why choose Chase Sapphire, which is the best choice over Chase Sapphire Reserve?

If you have Sapphire is desirableReceive $50 Statement Credit Annual year for each account to book a hotel stay purchased through the Chase Travel Portal.

All you have to do is log in Chase StravelSelect Sapphire (if you have multiple chase cards), search for hotels and book your stay.

If you book a Chase Travel Portal, do not earn Hotel Points, or Elite Night Credit Or receive the perks of elite status.

In our experience, Statement credits are usually posted Within 4 business days.

This credit essentially wipes out more than half of the annual party of your card each year.

Related: Who prefers Chase Sapphire?

The only way to earn points is not the welcome bonus. Sapphire is desirable By earning points at high rates in multiple popular bonus categories, you can continue to accumulate valuable points ever since you earn a welcome bonus.

This is a breakdown of points to earn sapphires.

• 5 points per dollar on trips booked via the Chay Travel Portal
• 3 points to consider when purchasing dining, streaming services and online grocery stores*
• 2 points for all trips not booked via the Chay Travel Portal
• 1 point for everything else

*Excludes Target, Walmart and Wholesale Clubs

Plus, you’ll get 10% bonus For all purchases made annually. So if you spend $25,000 on your purchase last year, you’ll earn 2,500 points. Until the TPG March 2025 evaluationworth $52.

We recommend transferring the ultimate reward points to one Chase’s Travel Partners – 11 airlines and 3 hotel programs. Includes high value Air France-KLM Flying Blue, British Airways Executive Club and The Hyatt World.

there are many Sweet spots Use tracking points. You can make reservations using points A luxurious Hyatt stays At a high value or Move points to British Airways Book a flight with OneWorld PartnerIncludes American Airlines.

Maximize redemption You can easily save more than $95 net savings. This is the annual fee for Sapphire Preferred.

Even if leveraging your transfer partner isn’t yours, it’s still worth it when booking a Chase Travel. That’s why Sapphire is desirable Cardholders will lock a value of 1.25 cents for each point they redeem through the portal.

So, if you want to book a $500 American Airlines flight, you can use 40,000 Chase Points to purchase from the Chase Travel Portal. Plus, you can earn advantage miles on this flight.

Related: Tips on how to use your points and miles better

However, if you need to take advantage of one of these perks, Sapphire is desirableA set of benefits may be covered by you. And in many cases, only one successful claim can earn more revenue than you paid in the annual fee.

Let’s say the airline lost your bag for five days on a trip to Europe. If you purchase a flight with a Sapphire Preferred card, you will receive a refund for important purchases such as clothing and toiletries.

Chase covers up to $100 a day for five days and will donate up to $500. This is more than five times the annual fee for your card. Make sure to keep all receipts.

Chase sapphire is desirable It’s worth holding it every year. More than half of the $95 annual fee is offset by a $50 annual hotel credit. And with the addition of high return and valuable redemption options, this card pays for itself.

If you exchange it Chase sapphire is desirableHotel credit is $50 a year, and the effective annual fee is over half. Between the valuable perks and valuable protections of cards, most cardholders should be able to easily earn more than $45 of the remaining cards each year.

Of course, before applying, you should consider your wallet’s existing cards and personal travel preferences. But for most travelers, it’s worth it for Chase Sapphires.

Read more about the card A full review of Chase Sapphire is desirable.

Apply here: Chase sapphire is desirable