Tuesday, October 19, 2021

Chase Sapphire Preferred® Card Review

Because of its cheap annual fee, excellent rewards structure, and different travel safeguards, the Chase Sapphire Preferred Card is one of the finest starter travel credit cards on the market. The Sapphire Preferred should provide outstanding value to everyday spenders and rewards gurus alike, with new and expanded bonus categories, a $50 yearly hotel stay credit through Chase, and a 10% point match-style anniversary incentive.

Major Highlights-

  • Welcome Offer: Earn 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening
  • Annual Fee: $95
  • Purchase Intro APR: None
  • Balance Transfer Intro APR: None
  • Regular APR: 15.99 percent to 22.99 percent variable
  • Dining (including qualified delivery services), some streaming services, and online grocery purchases (excluding Walmart, Target, and wholesale clubs) earn 3X points. 5X points on Chase Ultimate Rewards travel and Lyft Rides (Lyft deal ends March 2022); 2X points on all other travel; 1X points on all other transactions.

Advantages –

  • Earn high rewards on several areas of spending
  • Transfer points to travel partners at 1:1 rate
  • Many travel and shopping protections

Disadvantages-

  • Annual fee
  • No intro APR offer
  • Best travel rewards are only for bookings through Chase

Points to be Noted-

  • After you spend $4,000 on purchases in the first three months of your account, you'll get 60,000 bonus points. When you redeem with Chase Ultimate Rewards®, you'll get $750.
  • Benefits include a $50 yearly Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining, and 2X points on all other travel purchases, among other things.
  • When you use Chase Ultimate Rewards® to book flights, hotels, car rentals, and cruises, you'll get a 25% bonus. 60,000 points, for example, are worth $750 in airfare.
  • When you use Pay Yourself BackSM to redeem points for statement credits against existing purchases in specified, rotating categories, your points are worth 25% more during the current promotion.
  • DashPass, DoorDash's subscription service, offers unlimited deliveries with no delivery fee and reduced service fees on qualified purchases above $12 for a minimum of one year. 12/31/21 is the deadline for activation.
  • Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance, and more insurance options are available.

AT a glance-

  • A $95 annual charge is required.
  • A big welcome package is available: After spending $4,000 on purchases in the first three months after opening your account, you'll get 60,000 bonus points.
  • Chase Ultimate Rewards® cardholders get 5 points per dollar spent on travel, 3 points per dollar spent on dining, 2 points per dollar spent on all other travel purchases, and one point per dollar spent on all other eligible purchases. You'll also get 5 points each dollar spent on Lyft rides until March 2022.
  • Bonus points of 10% on your 10th anniversary
  • 1:1 point transfer to select airline and hotel travel partners including United and Hyatt
  • Redeem for cash back or gift cards where points are worth 1 cent each
  • No foreign transaction fees
  • No introductory APR offers

Contact Details –

  • General Customer Service for Chase Business Cards: 800-242-7338
  • Online/Mobile Banking Technical Support:
  • Inside the U.S. — 877-242-7372
  • Outside the U.S. — 713-262-3300
  • Customer Service: 800-935-9935
  • Request or Reset a PIN: 800-297-4970
  • To Report a Lost or Stolen Card, Fraud, or Dispute a Charge: 866-564-2262
  • Verify Card: 800-432-3117 or the number listed on the activation sticker

How do I cancel Chase Sapphire Preferred® Card ?

If you're wondering how to close a Chase account over the phone, call the customer support number on the back of your credit card to start the process. Once you've found a customer service agent who can help you, tell them you want to cancel your credit card account. To establish your identification, you'll need to disclose information like your ZIP code, name, and account number when on the phone. You can reach Chase customer support at 1 (800) 432-3117 if you don't want to phone the number on the back of your Chase credit card.

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