At NerdWallet, we adhere to strict standards of editorial integrity to help you make decisions with confidence. Many or all of the products featured here are from our partners. Here’s how we make money.
If you like to travel and dine out often, the Chase Sapphire Preferred® Card could be a great fit for your lifestyle. You get 2 Chase Ultimate Rewards® points for every $1 spent on travel and restaurant expenses, and 1 point per dollar on all other purchases.
Earning and redeeming points is easy
The card’s current welcome offer is nothing to sneeze at: Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®.
You can redeem the points you earn for cash or gift cards at a value of 1 cent per point. Keep in mind, though, that when you redeem your points through Chase’s travel-booking portal, you get a 20% discount. So in those cases, each point is worth 1.25 cents.
Chase Ultimate Rewards® can also be transferred to certain airline or hotel rewards programs. Chase partners with nine airline programs where points transfer at a 1-to-1 ratio, including: Air France KLM Flying Blue, British Airways Executive Club, JetBlue True Blue, Southwest Rapid Rewards and United MileagePlus. Hotel partners include Marriott Rewards, World of Hyatt and IHG.
No blackout dates, foreign transaction fees or expiration dates
Another convenient thing about the Chase Ultimate Rewards® program: The points don’t expire. However you earn them — including through any one of the Chase credit cards — they’re yours as long as your account is open.
There are also no blackout dates; as long as a flight is available in the travel portal, you can book it. That means you don’t have to worry about finding award availability on a specific airline. There are no foreign transaction fees on the Chase Sapphire Preferred® Card, and the card also offers premium travel protection benefits.
The Chase Sapphire Preferred® Card‘s annual fee is $0 for the first year, then $95. If you spend a lot on travel and dining, it’s worth holding long-term for the point-earning ability in those categories and the 20% discount through the Chase portal.
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2019, including those best for:
Planning a trip? Check out these articles for more inspiration and advice:
5 underrated reasons why you need a Chase Sapphire Preferred card
NerdWallet’s top travel credit cards
Landing the best airfare is a matter of timing