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Review of the Chase Sapphire Preferred Card (2024 Edition)


Posted: 1/14/24 | January 14th, 2024
Nomadic Matt has partnered with CardRatings for our coverage of credit card products. Nomadic Matt and CardRatings may receive a commission from card issuers. Since its launch in 2009, the <card_name> has been winning awards for being one of the best travel rewards cards. And for good reason – you can’t really go wrong with this card. It always has a solid welcome offer, great ongoing rewards rates, valuable transferrable points, and a host of perks, such as comprehensive travel insurance. Unlike a lot of travel cards, which continue to roll back benefits and increase annual fees, the Chase Sapphire Preferred continues to get better with age. Over the years, Chase has increased some of its earning categories and added perks to the card, all without upping the annual fee. Because of all this, the Chase Sapphire Preferred remains one of my favorite travel cards, especially if you’re looking for your first travel rewards card. I use it often. Today, I want to share a bit more about it so you can determine whether it’s the right card for you!
What is the Chase Sapphire Preferred? The <card_name> (often referred to as CSP) is a travel rewards card issued by Chase. The card comes with a $95 USD annual fee and a host of benefits. When you sign for this card, you’ll get: 60,000 points after you spend $4,000 in the first three months 2x points on travel purchases 3x points on restaurants, online grocery purchases, and select streaming services 5x points on travel purchased through the Chase travel portal 5x points on Lyft 10% anniversary points boost (earn bonus points equal to 10% of your total purchases made the previous year) Free DoorDash DashPass subscription for one year Free Instacart+ membership for six months $50 Annual Ultimate Rewards Hotel Credit No foreign transaction fees


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