Credit Card Review: Chase Sapphire Preferred Card
August 16th, 2010 Posted in Credit Cards
Here is a pretty slick credit card for any “high rollers” looking to cash in on some frequent flier perks. It’s the Chase Sapphire Preferred Card and it was released by Chase Bank in the Fall of 2009. It’s a pretty exclusive card (available to the top earning 15% of American households) and requires a credit score in the 700′s (atleast) for approval. The sleek and slim feel and appearance of the card alone give off a high society aura and if approved get ready for some very nice incentives.
This card currently holds the number 1 spot in our frequent flier credit cards database by offering the following features:
(Updated Terms, Conditions, Bonuses and Features – May 2011)
- Earn 50,000 bonus points after you spend $3,000 in the first 3 months- that’s worth $625 toward airfare or hotel accommodations!
- Points go 25% farther when you travel – For example, 50,000 points can be redeemed for two flights worth up to $312.50 each, which would usually cost 62,500 points. Just book your flight, cruise, or other travel through Ultimate RewardsSM
- Pay no foreign transaction fees when you use your card on purchases made outside of the United States.
- Earn a 7% annual points dividend – even on points already redeemed
- Redeem your points at leading airlines and hotels at a 1:1 value
- 2X points earned on airfare & hotel accommodations booked through Ultimate Rewards and 1 point for every dollar spent on all other purchases
- When you call us, our phones are answered by people, not prompts
- No Annual Fee for your first year – A $95 value
