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