Whether you are planning an oversees trip, or saving up for a new toy, be sure to pick up the Chase Sapphire Preferred Credit Card. It offers one of the best cash back, and travel credit, rates on the market. This card will provide you with insane perks, even if you are an extreme budget traveler and spender. What's so great about this card?
Zero International Transaction Fees
If you are taking yourself on a trip abroad, this card is for you. This credit card works almost anywhere in the world, and you won't be charged a penny for using it. You'll get the best conversion rate to the dollar on the spot, without a fee. This has been a lifesaver for me while I travel through Colombia. Not only do I get a freebie each time I use this card, but every purchase I make with it gives me an insane amount of points, which leads me to my next point:
Insane Point Accumulation:
Chase has an incredible points program for its Sapphire Preferred cardholders. Points can be redeemed for straight cash, gift cards, or travel. You'll get 1 point for every dollar you spend, and 2 points for every dollar you spend on travel and restaurants. Each point can be redeemed for $.01 cash, or slightly more in travel credit. If this doesn't sound like a lot, it really adds up when you consider the other ways you can earn a crazy amount of points quickly:
Earn 50,000 bonus points for using your card to make $4,000 in purchases within the first three months of signing up. At $.01 a point, this is worth $500 cash, or $625 in travel credit. That's over 12% in cash back, without taking into account the points you'll be getting for simply spending. No other card on the market will come close to this.
Although $4,000 sounds like a lot, it's fairly easy to hit in three months, even for people on a budget. If you are struggling to hit the $4,000 mark, get a friend, or family member to make their next big purchase on your card, and have them pay you back.
Earn 5,000 points just for adding someone as an authorized user. This takes minutes, and is worth $50 in cash, or $62 in travel credit. You can give a friend, family member, or significant other authorized access.
By taking advantage of these bonus points, I've acquired $850 in travel credit in just four months by simply living my life.
The Bottom Line
There are hundreds, if not thousands, of credit cards that offer cash back and travel deals for spending, but none come close to the value of the Chase Sapphire Preferred Card. I've done my research, and this card is the best in the market, especially if you use it to redeem travel rewards. The sign up process is a breeze, and the points redemption process couldn't be easier. You won't need to jump through any hoops to use this card, regardless of where you find yourself traveling and spending. Whether you are planning a trip, or simply want to earn some of the best cash-back rates you can, pick up this card today.
For any questions, leave a note in the comments, and I'll get back to you ASAP. Thanks for reading, and happy traveling!