Chase Sapphire Preferred Card Review

By Gavin | July 16, 2019

I'm going to be reviewing the Chase Sapphire Preferred card. This used to chase premiere credit card for earning travel rewards, and that's apart from the JP Morgan Palladium card which you need to have a couple hundred thousand dollars in a bank and be a private client, which I don't know anyone who has that card.


The Chase Sapphire Preferred is what's Chase's top card actually, it's made of metal, it's very swanky, it's cool, and it has a lot of buying power. Now it was the hottest card until this past summer when Chase released the Chase Sapphire Reserve card which is now the hottest card. I'll tell you a little bit about both of them.

Chase Sapphire Preferred has an annual fee

First, the Chase Sapphire Preferred, the first card that was released, their main features were that it gives two points per dollar spent on travel and dining, and at one point for everything else. But the main thing about Chase preferred is that they have 11 transferable partners including United British, Airways, and a lot of hotel chains.

There's a ninety-five dollar annual fee, but the signup bonus currently is fifty thousand points, so that is as of they're filming this post fifty thousand points equals six hundred and twenty-five dollars. They do waive the ninety-five dollars annual fee, but even if they didn't it's still well worth it.

Combine it with the Chase Freedom Card

Because think about it, if the cards worth six hundred and twenty-five dollars and you had to pay an annual fee of ninety-five dollars, it's covered for at least six years. And of course, like similar cards in this range, this card has no foreign transaction fees.

It's aimed at travelers like myself and you, what I really like about this card is that you can accumulate, in addition to the Senate bonus points very quickly, you're getting double points on travel and dining, as I said. And then if you combine it with the Chase Freedom Card which earns one point five percent unlimited cash back you can really earn a lot of points very quickly.


The freedom points can be transferred over to the Chase Sapphire Preferred, so you have all those partners, you can do the same with a freedom unlimited credit card, which gets one point five points per dollar on every.

Not everyone can get the Chase Sapphire Reserve card

This is a great card, it used to be my number one go-to card for accumulating miles, but now obviously the Chase Sapphire reserve came out, and it is actually kind of like when Apple came out with the iPhone l it made their iPods obsolete. You're not going to carry around both things, and I'm not going to carry around both cards.

Now I carry around the Chase Sapphire reserve, however, not everyone can get the Chase Sapphire Reserve card because you need to have at least a $10,000 credit limit or be approved for $10,000 credit limit, and while the Chase Sapphire Preferred is only a $5,000 credit limit.

The Chase Sapphire reserve earns three points per dollar on travel and dining, and it gets you access to airport lounges which is huge. If you ask any frequent flier and obviously it's the same ultimate reward points that can be transferred to eleven different partners, and most of all the Chase Sapphire Reserve card is offset by a three hundred dollar annual travel credit.

Automatically reimburses you for anything travel

Basically, you're being reversed automatically, you don't need to go in and do anything, it just automatically reimburses you for anything travel, Subway's Ubers, plane tickets, the only thing it does not reimburse you for is gas. Keep that in mind, If you get 300 cash back and you subtract that from $450 the annual fee is really $150.


Because if you're traveling you've got to be spent at least three hundred dollars a year, and if you might as well do it on this credit card, the Chase Sapphire Reserve actually ends up only being $50, $55, more than Chase Sapphire Preferred. 

Chase Sapphire Preferred is still a great card

If you can get the Chase Sapphire reserved it's a no-brainer, however, if you can't get approved for it the Chase Sapphire Preferred is still a great card, and it has a ninety-five dollar annual fee. It's a little bit less money and you still get the same transfer partners, but again you're not going to get into the lounges and things like that.

If you're not able to get the reserve to go for the referred, it's a great card, and the points from the preferred can be transferred over to the reserve, and you can get signup bonuses from two cards that way. Just to recap, it's an absolutely great card.

I would recommend it for people who can't get approved for the reserve, but if a credit score is good enough to get approved for the reserve go for that instead for sure. That's my review the Chase Sapphire Preferred.

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