Triangle Trip

Archive for May, 2013

Chase Sapphire Preferred Visa is my recommended credit card

by on May.25, 2013, under Travel Partners

In response to Captain G’s post regarding which is the best Visa/Mastercard available for business travelers, here’s my take on why the Chase Sapphire Preferred card is my Visa/Mastercard credit card of choice for travelers:

1.  I find myself charging at least $1,000 a month on my existing Visa card for places that do not take American Express and only earning 1% on restaurants. With the Chase Sapphire Preferred, I get 2 points per dollar spent on travel and restaurants. They also have special weekly promotions for dining out.

2.  I paid about $150 in foreign transaction fees annually since I travel abroad quite a bit. The Chase Sapphire Preferred Visa does not charge foreign transaction fees which justifies the $95 membership fee after the first year.

3.  Lastly, I like the feel of the card. It’s extra heavy and doesn’t feel cheap like other credit cards.

Here’s more information about the Chase Sapphire Preferred card:

  • Earn 40,000 bonus points after you spend $3,000 in the first 3 months – that’s $500 toward travel rewards
  • Additional 5000 bonus points for additional cardholder
  • 2 points per dollar spent on travel and dining at restaurants & 1 point per dollar spent on all other purchases
  • Get 20% off airfare, hotels, car rentals and cruises when you redeem through Ultimate Rewards
  • No foreign transaction fees
  • 1:1 point transfer to participating frequent travel programs (Including British Airways, Singapore Airlines, Korean Air, United, Virgin, Southwest, Hyatt, Marriot, IGH, Ritz Carlton)
  • Direct access to expert service advisors anytime
  • Introductory Annual Fee of $0 the first year, then $95
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