A well-liked travel rewards card, the Chase Sapphire Preferred® Card offers many advantages to both frequent travelers and those wishing to accrue points on regular purchases.

After spending $4,000 within the first three months of using this card, new users can earn 60,000 bonus points, which can be redeemed through the Chase Travel portal for $750 in travel.

With 5x points on travel purchases made through Chase Travel, 3x points on dining, some streaming services, and online grocery purchases, and 2x points on all other travel-related purchases, the card offers substantial earning potential. Every additional purchase earns one point.

Additionally, cardholders benefit from important travel protections that offer extra peace of mind when traveling, such as trip cancellation/interruption insurance, auto rental collision damage waiver, and lost luggage insurance.

Additionally, points are worth 25% more when using Chase Travel to book travel, meaning that 60,000 points can be redeemed for more than with other methods.

The card comes with a DashPass membership for foodies, which entitles them to free delivery and lowers service costs for food deliveries.

The Chase Sapphire Preferred® Card is one of the greatest choices for travel rewards because, despite its $95, annual fee, the extensive benefits greatly exceed this expense.

You must fulfill specific requirements in order to apply for the Chase Sapphire Preferred Credit Card.

First, approval usually requires a good to excellent credit score. Although a score of 700 or above is frequently anticipated, approval can vary based on a number of other factors, such as your income level and credit history.

A higher score will increase your chances because this card is intended for people with a solid credit history.

Another important factor in the application process is income.

You must show that you have sufficient financial stability to manage the credit limit and make on-time payments, even though there is no set income requirement.

When deciding your eligibility and the available credit limit, Chase will take your income into account.

Candidates must be U.S. citizens or permanent residents with a valid U.S. address and be at least eighteen (18 or nineteen in some states).

Furthermore, Chase has a 5/24 rule that states you might not be accepted if you have applied for and been approved for five or more credit cards in the previous 24 months.

Although it’s not necessary, having a current banking relationship with Chase can help with the approval process.

The Chase Sapphire Preferred® Credit Card application process is easy to complete and can be completed online or through the Chase mobile app. To begin, go to the Sapphire Preferred® card page on the Chase website.

Your full name, address, birthdate, Social Security number, and employment details are among the personal information that will be requested on the application form.

In order for Chase to evaluate your credit management skills and financial profile, you will also need to submit your yearly income.

Applicants usually need a stable income and a good to excellent credit score (usually 700 or higher) in order to be eligible for the Chase Sapphire Preferred® card.

Your entire financial status, including your credit history and any outstanding debts, may also be examined by Chase.

Chase will perform a hard credit inquiry after you submit your application, which could have a short-term impact on your credit score. Usually, a decision will be sent to you in a matter of minutes. Chase may, however, occasionally take longer to review your application.

Apart from its widely recognized advantages, the Chase Sapphire Preferred® Card provides a number of additional benefits.

For reservations made through Chase Travel, cardholders receive an annual hotel credit of $50, which helps defray the cost of lodging.

Additionally, there’s the chance to accrue more points by taking advantage of special Chase Ultimate Rewards® deals.

The card is a fantastic option for travelers who are going abroad because it gives them access to travel-related benefits like no foreign transaction fees.

In addition, a variety of purchase protections, such as extended warranty coverage and purchase protection for new items, are available to cardholders.

Don’t forget to take a look at the Chase Freedom Unlimited Credit Card if you want to consider other significant options!

Major perks of the card include no annual fee, 0% Intro APR, up to 5% Cashback, an easy rewards system, and much more!