What To Know
- The Chase Sapphire Preferred® Card is a versatile card that can be used for a variety of purchases.
- If you’re looking for a card with no foreign transaction fees and valuable travel insurance benefits, the Chase Sapphire Preferred® Card is a great choice.
- If you’re not eligible for the Chase Sapphire Preferred® Card or you’re looking for a different card, there are a number of other options available to military members.
As a service member, you deserve access to financial products and services that meet your unique needs. The Chase Sapphire Preferred® Card is a popular travel rewards credit card that offers a wide range of benefits, including:
- Earn 2X points on dining, travel, and gas: This can add up quickly, especially if you travel frequently.
- Receive a 10% anniversary bonus: This can help you rack up even more points for future rewards.
- Enjoy a $95 annual fee (waived for military members): This means you can enjoy all the benefits of the card without having to pay a yearly fee.
Eligibility for Military Members
The Chase Sapphire Preferred® Card is free for active-duty military members, reservists, and members of the National Guard. To be eligible, you must:
- Be a U.S. citizen or permanent resident
- Be at least 18 years old
- Have a valid Social Security number
- Meet Chase’s creditworthiness requirements
How to Apply
If you’re eligible for the Chase Sapphire Preferred® Card, you can apply online, by phone, or at a Chase branch. You’ll need to provide your personal information, income, and employment history.
Benefits of the Chase Sapphire Preferred® Card for Military Members
In addition to the benefits listed above, the Chase Sapphire Preferred® Card also offers a number of other features that are especially valuable for military members, including:
- No foreign transaction fees: This means you can use your card overseas without having to pay additional fees.
- Primary rental car insurance: This provides coverage for damage to your rental car, even if you decline the rental company’s insurance.
- Trip cancellation and interruption insurance: This can help you recoup costs if your trip is canceled or interrupted due to a covered event.
How to Use Your Chase Sapphire Preferred® Card
The Chase Sapphire Preferred® Card is a versatile card that can be used for a variety of purchases. Here are a few tips for maximizing your rewards:
- Use your card for everyday purchases, such as groceries, gas, and dining out.
- Take advantage of the 2X points on dining, travel, and gas.
- Redeem your points for travel, gift cards, or cash back.
Is the Chase Sapphire Preferred® Card Right for You?
The Chase Sapphire Preferred® Card is a great option for military members who want to earn rewards on their everyday spending and travel. If you’re looking for a card with no foreign transaction fees and valuable travel insurance benefits, the Chase Sapphire Preferred® Card is a great choice.
Alternatives to the Chase Sapphire Preferred® Card
If you’re not eligible for the Chase Sapphire Preferred® Card or you’re looking for a different card, there are a number of other options available to military members. Here are a few alternatives to consider:
- American Express® Platinum Card® for U.S. Military: This card offers a generous welcome bonus, up to $1,000 in statement credits for eligible purchases, and a wide range of travel benefits.
- Capital One® Venture® Rewards Credit Card: This card offers a simple rewards program that earns 2 miles per dollar on all purchases, and there’s no annual fee.
- USAA® Rewards™ American Express® Card: This card is designed specifically for military members and their families, and it offers a variety of benefits, including cash back on everyday purchases and discounts on travel.
Frequently Asked Questions
Q: Is the Chase Sapphire Preferred® Card really free for military members?
A: Yes, active-duty military members, reservists, and members of the National Guard are eligible for a waived annual fee on the Chase Sapphire Preferred® Card.
Q: What are the eligibility requirements for the Chase Sapphire Preferred® Card for military members?
A: To be eligible, you must be a U.S. citizen or permanent resident, at least 18 years old, have a valid Social Security number, and meet Chase’s creditworthiness requirements.
Q: How can I apply for the Chase Sapphire Preferred® Card?
A: You can apply online, by phone, or at a Chase branch.
Q: What are the benefits of the Chase Sapphire Preferred® Card for military members?
A: In addition to the standard benefits, military members also receive a waived annual fee, no foreign transaction fees, primary rental car insurance, and trip cancellation and interruption insurance.
Q: How can I maximize my rewards with the Chase Sapphire Preferred® Card?
A: Use your card for everyday purchases, take advantage of the 2X points on dining, travel, and gas, and redeem your points for travel, gift cards, or cash back.
