It earns 3x points on travel once you earn the 300 travel credit and dining rewards plus 1x point on everything else.
Chase sapphire preferred and reserve both.
The former offers a great return on everyday spending and the latter gets you 2x rewards on dining and travel and opens up some great transfer partner options.
Aside from sharing similar names the chase sapphire preferred card and the chase sapphire reserve are two of the most popular travel rewards credit cards on the market.
Read our post on the best ways to use chase points for more details.
They both rack up valuable chase ultimate rewards points which can be redeemed directly toward travel bookings made through chase as well as transferred to more than a dozen airline and hotel partner loyalty programs.
Sapphire reserve is broadening your world of benefits with the pay yourself back tool your ultimate rewards points are worth 50 more when you redeem them for statement credits against purchases in our current categories.
Right now you ll earn 80 000 points after you spend 4 000 in the first three months.
The chase sapphire reserve is the big brother to the sapphire preferred card.
The chase freedom unlimited and the chase sapphire preferred card make a great ultimate rewards points earning team.
You can more easily offset this.
Which bonus should you get.
Chase bank has enhanced benefits on the sapphire preferred and sapphire reserve credit cards.
The chase sapphire preferred currently wins out over the chase sapphire reserve by offering a higher sign up bonus.
Both the chase sapphire preferred card and the chase sapphire reserve allow you to transfer points to travel partners or book through the chase travel portal at better rates.
Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.
Tpg values ultimate rewards points at 2 cents each meaning this bonus is worth up to 1 600.
The chase sapphire preferred is aimed at the casual traveler while the chase sapphire reserve attempts to take the crown as the world s most feature packed prestigious travel card anywhere.
Ultimate rewards points are 20 more valuable with the reserve because they are worth 1 5 cents per point for travel.
Both cards come with a 95 annual fee which is on the lower end when you consider some other travel cards like the chase sapphire reserve have fees of up to 550.