Chase Sapphire Preferred Card - 50000 Bonus Points

Chase Sapphire Preferred Card is the only credit card that offers 40,000 points which can be either redeemed for $400 cash or be transferred instantly to Frequent Flyer Account at Continental/United, British Airways, Southwest, Korean Air, Hyatt, Marriott, Priority Club and Amtrak at 1:1 ratio. None of any other consumer credit cards can give you such good deals. To qualify and receive your bonus, you must make purchases totaling $3,000 or more during the first 3 months from account opening. Purchases do not include using your account for balance transfers or cash advances, or using any checks that access your account. Chase Sapphire Preferred Card has no annual fee for the first year. It gives you 2% rebate on airfare purchases and dining, 1% rebate on everything else. It also gives you 7% annual point dividend. It charges no foreign transaction fee when you travel abroad (a 3% saving).

Chase Sapphire PreferredSM Card Earn 40,000 bonus points after you spend $3,000 in the first 3 months – that's $500 toward travel rewards! 2 points per dollar spent on travel and at restaurants & 1 point per dollar spent on all other purchases Get 20% off airfare, hotels, car rentals and cruises when you book through Ultimate RewardsSM No foreign transaction fees Receive a 7% annual dividend on all new points earned – even on points already redeemed 1:1 point transfer to participating frequent travel programs Direct access to expert service advisors anytime No Annual Fee for your first year - A $95 value Click here for official application, terms, and details

Intro APR Intro APR Period Regular APR Annual Fee N/A N/A 15.24% $95, waived first year

Earn Reward Points

Earn 2 points per dollar spent on travel including dining, airlines, airports, car rental agencies (including truck, trailer, and RV), cruise ships, hotels and motels, timeshares, local and commuter transportation (including trains, buses, taxis/limos, ferries, bridges, tolls, and parking), travel agencies.

Earn 1 point per dollar spent on any other purchases.

Earn up to 10 points when you shop online with the Ultimate Rewards Mall

Redeem Points for Cash or Gift Card

The Chase Sapphire pays out rewards in Ultimate Rewards Points, which can be redeemed for cash or gift certificates at a 100-point-to-$1 value. Cash redemption starts at as few as 2000 points for $20 cash. Here is what you need to do: once you get your Chase Sapphire Preferred Card, register an online account with chase.com for online account management to redeem your points. When you redeem points, you can redeem 10000 points for a $100 check mailed to you at no cost. You also have options to redeem 2000 points for $20, 2500 points for $25, 5000 points for $50, etc. You may also redeem points for gift cards from familiar retailers like Best Buy, JC Penney, and others at a 10-20% discount.

Redeem Points for Travel

You can USE 20% FEWER POINTS when you redeem for travel. For example, a $500 flight that would require 50,000 points with Chase Sapphire card takes just 40,000 points with Chase Sapphire Preferred card. Just book your flight, cruise or other travel through Ultimate Rewards (chase's reward program). No cost, and you don't have to worry about paying high international purchase fees. The airfare prices are the same as you would see on any travel website.

Transfer Points to Frequent Flyer Programs at a 1:1 Ratio

Chase Sapphire Preferred Credit Card also lets you transfer your Ultimate Rewards Points to an existing hotel or airline loyalty program at a 1:1 ratio. 50,000 bonus points can be transferred at a 1:1 ratio to your frequent flier accounts of the following travel partners: United/Continental Airlines, British Airways, Amtrak, Korean Airlines, Hyatt, Marriott, and Priority Club. Transfers are generally instant, and can be made to anyone’s account.

Travel Benefits and Purchase Protection

Chase Sapphire Preferred Card is specially designed for travelers and offer premium travel benefits and purchase protection. You can use Chase Sapphire Preferred to book on most major airlines, and you are not restricted to a certain seat, class, or destination. You will have the ability to pay for your airline tickets with a mix of points and credit through the Ultimate Rewards program from Chase. The program also throws in trip cancellation insurance. You can also use ultimaterewards.com to find hotels, resorts, car rentals, getaways, restaurants, and tickets to entertainment venues in a wide range of locations. In addition, you will find that Chase Sapphire Preferred Card comes with a concierge and Global Lifeline if you need help while traveling or need travel accident insurance and identity theft protection. You can also enjoy purchase protection, extended warranty protection, and return protection, as you would from other Chase credit cards.

While there are a lot of rewards cards out there, Chase Sapphire Preferred Card distinguishes itself by offering excellent cash bonus of $500, a flexible rewards program for points and cash back (in Ultimate Rewards Program from Chase), a flexible points to miles conversion choice, a free tool for debt management (in Blueprint), premium travel benefits and low interest rates, all with no annual fee for the first year and $95 thereafter. Chase Sapphire Preferred Card is a consumer credit card, not a business credit card. Anyone with a good credit rating can qualify for it.