Earn Massive Points For Travel And Rewards: How Many Points Does Chase Sapphire Preferred Give You?
What To Know
- In addition to earning points on everyday spending, the Chase Sapphire Preferred card offers bonus points on select categories.
- The Chase Sapphire Preferred card offers a robust rewards program that allows you to earn points easily on everyday purchases and specific categories.
- Yes, you earn 5 points per $1 spent on travel booked through Chase Ultimate Rewards, 3 points per $1 spent on dining at restaurants, and 2 points per $1 spent on online grocery purchases (up to $1,500 per year).
When it comes to travel rewards credit cards, the Chase Sapphire Preferred stands out as a top contender. Its generous rewards program and valuable benefits make it a favorite among frequent travelers. One of the most important aspects of any rewards card is its earning potential, so let’s delve into the question: “How many points does Chase Sapphire Preferred give you?”
Earning Points with Everyday Spending
The Chase Sapphire Preferred card offers a competitive earning rate on all purchases. You’ll earn:
- 2 points per $1 spent on dining and travel
- 1 point per $1 spent on all other purchases
This means that you can quickly accumulate points even on your everyday expenses. For example, if you spend $500 per month on dining and $500 on other purchases, you’ll earn a total of 1,500 points per month.
Bonus Points on Specific Categories
In addition to earning points on everyday spending, the Chase Sapphire Preferred card offers bonus points on select categories:
- 5 points per $1 spent on travel booked through Chase Ultimate Rewards
- 3 points per $1 spent on dining at restaurants
- 2 points per $1 spent on online grocery purchases (up to $1,500 per year)
These bonus categories provide even more opportunities to maximize your point earnings.
Welcome Bonus: A Jumpstart to Rewards
When you first sign up for the Chase Sapphire Preferred card, you’ll receive a welcome bonus of 60,000 points after spending $4,000 within the first 3 months of account opening. These bonus points can significantly boost your rewards balance and help you redeem for travel or other rewards sooner.
Travel Redemption Options
One of the most valuable ways to use Chase Sapphire Preferred points is to redeem them for travel. You can transfer points to over 10 major airline and hotel loyalty programs, giving you flexibility in your travel choices. Alternatively, you can book travel directly through Chase Ultimate Rewards, which offers competitive redemption rates.
Other Redemption Options
Besides travel, you can also redeem Chase Sapphire Preferred points for a variety of other rewards, including:
- Cash back
- Gift cards
- Experiences
- Charitable donations
Maximizing Your Points
To get the most out of your Chase Sapphire Preferred points, consider these tips:
- Use the card for all your dining and travel expenses
- Take advantage of bonus categories
- Sign up for Chase offers and promotions
- Transfer points to loyalty programs with high redemption value
Summary: A Comprehensive Rewards Powerhouse
The Chase Sapphire Preferred card offers a robust rewards program that allows you to earn points easily on everyday purchases and specific categories. With a generous welcome bonus and flexible redemption options, this card is an excellent choice for travelers and rewards enthusiasts alike. By understanding how many points you can earn and how to maximize your rewards, you can unlock the full potential of the Chase Sapphire Preferred card.
Top Questions Asked
Q: How many points do I earn on dining with the Chase Sapphire Preferred card?
A: You earn 2 points per $1 spent on dining at restaurants.
Q: Does the card offer any bonus categories?
A: Yes, you earn 5 points per $1 spent on travel booked through Chase Ultimate Rewards, 3 points per $1 spent on dining at restaurants, and 2 points per $1 spent on online grocery purchases (up to $1,500 per year).
Q: Can I transfer Chase Sapphire Preferred points to other loyalty programs?
A: Yes, you can transfer points to over 10 major airline and hotel loyalty programs.
Q: What is the welcome bonus for the Chase Sapphire Preferred card?
A: You’ll receive a welcome bonus of 60,000 points after spending $4,000 within the first 3 months of account opening.
Q: Can I redeem Chase Sapphire Preferred points for cash back?
A: Yes, you can redeem points for cash back at a rate of 1 cent per point.