Chase Sapphire Preferred® Benefits: Know Your Card!

The Chase Sapphire Preferred® is one of the most attractive credit cards for those who want to explore the world, see new places, and venture into new cultures.

Created especially for travelers, the Chase Sapphire Preferred® card offers its users unique benefits through travel credits. In practice, the more you use it, the more points you accumulate to exchange for travel credits.

So, while you live your routine, you can financially organize your new adventure, prioritizing payments via credit card, now one of the most popular choices among travelers worldwide.

Do you want to embark on your new adventure and save a lot on your tickets and hotel payments? So pack your bags and embark on this journey!

The Chase Sapphire Preferred® Brings Unmissable Benefits To Travelers

Once your Chase Sapphire Preferred® arrives, we recommend you focus your monthly spending on the new card.

That is because after you spend $4,000 on purchases in the first three months, you will receive a $750 bonus to buy tickets or even pay for hotels. It will accelerate your journey to the destination of your dreams.

You will receive your bonus through Chase Ultimate Rewards®, your card's exclusive benefits program.

In addition to this initial bonus, your new card guarantees an additional value from your consumption with partner companies.

When you pay for your purchases with Peloton, your benefit multiplies by 5x. Likewise, when you use your card with Lyft, your points also increase by 5x.

Additionally, once you sign up for Chase Ultimate Rewards®, your points can be multiplied when you purchase your tickets or book hotels through the service.

When subscribing to Chase Ultimate Rewards®, even your subscriptions to streaming services generate extra points when paid through your card.

This way, it will take time to decide your next destination!

How the Chase Sapphire Preferred® Transforms Your Travel Financial Dynamics

Many cards generate points intended for use when traveling. However, the Chase Sapphire Preferred® is a creation by travelers for travelers.

This way, everything that seems confusing and complex when we use other cards becomes more straightforward when you use it.

For example, the system for transferring points generated by Chase to other benefits programs is always 1 to 1. Therefore, all your Chase points will generate the same amount when moving to Aer Lingus, such as Emirates.

Another notable feature of Chase is its coverage of purchases made while traveling. All your purchases identified outside your state of origin are protected. With this reward, you can travel around the world much more calmly, without fear of scams.

Travel coverage also extends to delays in baggage delivery or even travel, ensuring you have the assistance you need not to waste even a day immersed in worry.

Payless: Premium Card With Standard Rate

While other premium cards have very high subscription fees, the Chase Sapphire Preferred® has a small annual fee of $95, similar to other standard cards – but with fewer benefits.

However, for you to access all of the benefits of Chase Ultimate Rewards®, the annual fee is $1,520. Although, 50% of this value goes towards your points program in the first three months of use.

Thus, you can concentrate on your expenses by using the new card, and the annual fee balances with the benefits obtained.

Even though the benefit program fee is scary, it is essential to emphasize that this is the approximate annual fee for premium cards, which offer the same advantages as Chase.

How To Get Even More Out Of Your Card: Create a Spending Program

Even before applying for your card, creating a spending program that pays off your annual fees is essential. Therefore, we recommend meeting the minimum monthly spend before hiring to access the card's bonuses.

If you are already planning a trip, focus all your spending on the card. This option allows you to earn some return, whether paying for your hotel or meals at your destination.

However, if your budget requires a month with little spending, consider leaving your Chase subscription until later. The card may only be worth it if you use at least the minimum amount.

Although it is not the most recommended, you can also use the card to pay for personal expenses, even if they are outside the cost category that generates additional bonuses. A purchase of US$1,000 can still earn 100 bonus points when you concentrate expenses in this category.

Credit Score Required For Membership And Issuance Time

Chase Sapphire Preferred® does not officially determine the minimum credit score for new customers to sign up. However, when applying for the card, we experienced the analysis of different profiles. Chase requires a good credit score of 690 points or higher.

Still, this is just an estimate, and we could not define it as a rule, as there are deviant cases in which a good credit movement is more relevant than a good score, for example.

However, we recommend that if your credit score has yet to reach that level, you work on it carefully. It will give you a greater chance of immediate approval without waiting even longer to set foot in the world.

As soon as your proposal reaches the credit operator, the card will undergo evaluation within 15 working days. Some more specific cases also brought faster results, but as its use will take time, we recommend you to plan before requesting it.

How To Make The Card?

To get your Chase Sapphire Preferred®, you must register with the issuing bank. The entire application process is simple, but paying attention to the annual income data is necessary. For income composition, the interested client can also use other people's income in their sum.

You must also be at least 21 years old. People under 21 can, however, use a third-party card in an additional format.

In addition to the Chase Sapphire Preferred®, you can also apply for the Chase Sapphire Reserve®, a special card for travelers who want to see the world!