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Here s how the two compare.
Chase sapphire preferred redeem miles. Get 25 more value when you redeem for airfare hotels car rentals and cruises through chase ultimate rewards. This card earns valuable chase ultimate rewards points that can be transferred to both airline and hotel partners for award flights and hotel stays. Two of the most popular travel rewards cards are the chase sapphire preferred card and the venture rewards from capital one. Sapphire preferred is broadening your world of benefits.
Featuring 2 points per dollar on all travel and dining purchases it earns valuable points that can be transferred to 13 airline partners and hotel partners or redeemed directly for travel at a rate of 1 25 cents per point through chase ultimate rewards. Chase sapphire reserve card sm. Chase sapphire preferred cardholders will also get a solid 3x which means up to 9 000 ultimate rewards points worth 180 according to tpg valuations. The chase sapphire preferred card and the capital one venture card both have 95 annual fees and offer a wide range of travel benefits.
Chase sapphire preferred card. I was able to confirm with chase that the 1 500 spending cap is per card. For example 80 000 points are worth 1 000 toward travel. However as some credit card miles are valued between a half cent and two cents per mile you should work out the math to make sure your conversion makes sense.
To show you just how valuable 60 000 ultimate rewards points are i m going to list 25 valuable ways to spend the bonus. The chase sapphire preferred card is one of the most popular credit cards on the market and has been for several years. Apply for a sapphire preferred travel credit card today. Earning and redeeming power of chase ultimate rewards points.
Other ways to redeem your miles. Although these do each have annual fees chase sapphire preferred card has a 95 annual fee and chase sapphire reserve card sm has a 450 annual fee their promotional and ensuing rewards are generous. If a discounted flight isn t enticing enough you can often convert your miles into other rewards options including cash back gift cards and other gifts. Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.
Earlier this year the bonus offer for the chase sapphire preferred card increased from 50 000 chase ultimate rewards points to 60 000 ultimate rewards points. Chase sapphire preferred is the rewards travel credit card that awards you 2x points on travel and dining. Additionally you can use your chase ultimate rewards points through the chase travel portal at a rate of 1 25 cents per. The chase sapphire preferred card is one of the best known travel rewards credit cards.
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