chase freedom credit card travel insurance benefits

The person who claims will get National Insurance credits towards their state pension if they are not working or earn less than £184 per week. Make a claim for. The Chase Sapphire Preferred Card is one of the best travel credit cards—and it from travel accident insurance to coverage for delayed. We recommend reaching out to your credit card issuer to work out possible solutions.

Chase freedom credit card travel insurance benefits -

Major credit card companies are cutting their perks. Here's what you need to know.

After years of offering an ever-expanding menu of perks to their cardholders, several major credit card companies are going in the opposite direction — eliminating or reducing the value of some of these extras.

One of the major reasons for using a credit card — aside from fraud protection and any rewards you might get — is the buffet of free benefits available, such as price protection, extended warranty coverage, flight insurance and trip cancellation coverage.

But now, some of those extras are being dropped. Discover did its roll-back in February, Chase made changes in June and Citi’s cutbacks take effect at the end of July. Industry analysts expect more card companies to follow suit.

“Credit card issuers are always tinkering to see what people like — what’s working and what’s not,” said Matt Schulz, senior industry analyst at creditcards.com. “What we’re seeing is the elimination of some perks, like price protection and return protection, that have been around a long time, but aren’t necessarily all that popular. And when a perk isn’t used that often and it costs the issuer money, the perk may not stay around for very long.”

When it comes to offering rewards and benefits, the prevailing theory had been “more is better.” But that strategy doesn’t work when so many cards offer the same features.

A report by Market Strategies International concluded that “The arms race to offer more benefits is not an effective solution for winning and retaining card users.” The report, published earlier this year, found:

  • Most people (80 percent) are “unclear” about the benefits that come with their primary credit card.
  • More than half (52 percent) said they “know little or nothing” about the added features.
  • Consumers want a card that has no annual fee, offers cash back and has a low interest rate.

Mike Berinato, vice president of research and consulting at Market Strategies International, expects more credit card companies to reduce their perks.

Most people (80 percent) are “unclear” about the benefits that come with their primary credit card and more than half (52 percent) "know little or nothing" about the added features.

“It’s smart business,” Berinato told NBC News BETTER. “The credit card companies are not getting more cardholders this way and they want to save money by not offering benefits that nobody is using.”

Here’s a look at the changes that have or are about to take place at Discover, Citi and Chase.

Discover

As of Feb. 28, Discover cards no longer provide these five benefits:

  • Return Guarantee
  • Purchase Protection
  • Extended Warranty Protection
  • Auto Rental Insurance
  • Flight Accident Insurance

Brittney Mitchell with Discover public relations, said the company regularly evaluates cardmember benefits “to ensure that we are meeting or exceeding our cardmembers’ current needs and expectations. The changes were made because of “prolonged low usage,” she said in a statement to NBC News BETTER.

Chase

In April, Chase removed Price Protection and Return Protection on its United Explorer Credit Card. It also lowered Trip Cancellation Coverage. Chase said it made these changes because only “a small percentage of cardmembers were taking advantage of these benefits.” They were replaced, Chase said, with benefits that were more valuable for all cardholders, including “the opportunity for the vast majority of our cardmembers to earn more miles every month.”

Chase is in the process of notifying its customers, including those who have its highly-rated and popular Chase Sapphire Reserve card, about the changes that will take place on Aug. 26. Here are the major ones:

  • Price Protection is eliminated for all Chase branded cards.
  • Return Protection will no longer be offered for the Chase Freedom, Freedom Unlimited, Sapphire, Sapphire Preferred, Ink Plus or Ink Preferred cards.
  • Chase Freedom Visa Signature cardholders will no longer have Lost Luggage Reimbursement and Travel Accident Insurance. Trip Cancellation/Interruption Insurance is now lowered from a maximum of $5,000 to $1,500 for each covered person per trip. Chase says this is being done to standardize the benefits for its Freedom, Freedom Unlimited, Visa Platinum and Signature cards.

In a statement to NBC News BETTER, Lauren Ryan, communications director for Chase Card Services said: "We are always evaluating our products to offer a great mix of rewards, benefits and experiences that provide the most value to our customers — and those they tell us they value most. In order to do so we may need to occasionally retire lesser used benefits.”

Citi Cards

Here are some of the key changes that are effective on July 29:

  • Some cards, including Double Cash and Simplicity will no longer offer Roadside Assistance Dispatch Service and Travel & Emergency Assistance.
  • The Citi/AAdvantage Bronze card will no longer offer Lost Baggage Protection.
  • The 90-Day Return Protection no longer covers firearms, tires, jewelry, furniture or appliances.
  • “Citi Price Rewind” (the service that searches online for a lower price than you paid for that item and refunds the difference) drops from a maximum of $500 per item and $2,500 per year to $200 per item and a maximum of $1,000 a year. Price Rewind no longer applies to lower prices found at warehouse clubs where there’s a membership fee.
  • Trip Cancellation & Interruption Protection drops to $1,500 per trip and $5,000 per calendar year from $3,000 per person per trip with no annual cap for some cards, including Double Cash and Simplicity. And this coverage is now limited to you and your family members. For other cards with an annual fee, Trip Cancellation will change to $5,000 per trip from $5,000 per person per trip and coverage will be limited to you and your family members.

In a statement to NBC News BETTER, Jennifer Bombardier, vice president of public affairs for Citi Global Cards, said: “Citi continuously evaluates our products to ensure that associated benefits best meet the needs of our customers. As such, we are making changes to select credit card protection benefits effective July 29, 2018, so that we can continue providing key benefits that our customers use and value most at no additional cost.”

American Express goes the opposite direction

American Express recently notified cardholders that it will improve Price Protection and Extended Warranty Protection starting August 1.

Price Protection coverage will be increased from 90 to 120 days. Extended Warranty Protection is being greatly enhanced:

  • If the original manufacturer’s warranty is less than two years, AMEX will match the length of that warranty.
  • If the original manufacturer’s warranty is between two and five years, AMEX will increase coverage to provide two additional years.

Credit card perks can save money

You may not choose which cards to have in your wallet based on its perks, but if the credit card company is giving you something for free, you might as well take advantage of it.

And some of the benefits being offered — airport lounge access, cellphone protection, lost luggage protection, trip interruption or cancellation coverage, roadside assistance and payment of TSA PreCheck fees — can save you some serious money.

If you haven’t done it in a while — or ever — go to your card issuer’s website and take a look at the free benefits. There might be something there that’s right for you.

HOW TO SAVE MORE MONEY

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Источник: https://www.nbcnews.com/better/business/major-credit-card-companies-are-cutting-their-perks-here-s-ncna884406

2021 Comparison: The Chase Sapphire Preferred vs. the Chase Freedom Flex Credit Card

The Chase Sapphire Preferred® Card (Review) and the Chase Freedom Flex℠ (Review) are designed with two different kinds of spenders in mind.

The Sapphire Preferred targets customers who travel at least several times a year, while the Freedom Flex caters to customers who spend money on a wide variety of purchases. But your choice doesn’t have to be permanent. If you get the Freedom Flex, which has no annual fee, and decide the Sapphire Preferred might actually suit you better, you can upgrade to it, and vice versa.

However, these cards can work together to produce a higher return for your spending. So if you don’t feel like choosing, you could always grab both. But if you’re torn between which card would work best for you, I’m sure we can help with that decision.

Rewards
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Rewards
Spending Rewards
  • 5X Ultimate Rewards points per dollar:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
  • 3X Ultimate Rewards points per dollar:
    • Dining
    • Select streaming services
    • Online grocery purchases (excluding Target, Walmart, and wholesale clubs)
  • 2X Ultimate Rewards points per dollar for other Travel purchases
  • 1X Ultimate Rewards point per dollar on all other purchases
Introductory Bonus
  • 60,000 bonus points after spending $4,000 on purchases in the first 3 months

Bonus restrictions

You are ineligible for this bonus if you have a Sapphire card, or you’ve received a new cardmember bonus for any Sapphire card in the past 48 months.

Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APRN/A
  • Regular Balance Transfer APR15.99% - 22.99% Variable
  • Balance Transfer FeeEither $5 or 5% of the amount of each transfer, whichever is greater
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRUp to 29.99%
  • Late FeeSee Terms
  • Returned Payment FeeSee Terms
  • Additional Cards Annual FeeN/A
  • Foreign Transaction Fee$0
Rewards
  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 5% cash back on travel purchased through Chase Ultimate Rewards®, and 1% on all other purchases.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99% - 24.74%.
  • No annual fee
Rewards
Spending Rewards
  • 5% cash back on:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
    • Grocery store purchases (not including Target or Walmart) up to $12,000 spent in the first year
  • 5% cash back in rotating categories, up to $1,500 spent per quarter, then 1%
  • 3% cash back at:
  • 1% cash back on all other purchases
Introductory Bonus
  • $200 bonus for spending $500 in the first 3 months
Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APR0% for 15 months
  • Regular Balance Transfer APR14.99% - 24.74% Variable
  • Balance Transfer FeeEither $5 or 5% of the amount of each transfer, whichever is greater
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRUp to 29.99%
  • Late FeeSee Terms
  • Returned Payment FeeSee Terms
  • Additional Cards Annual FeeN/A
  • Foreign Transaction Fee3% of each transaction in U.S. dollars

The information related to Chase Freedom Flex℠ has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

What Are the Main Differences?

Chase Sapphire PreferredChase Freedom Flex
  • 5% cash back on:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
    • Grocery store purchases (not including Target or Walmart) up to $12,000 spent in the first year
  • 5% cash back in rotating categories, up to $1,500 spent per quarter, then 1%
  • 3% cash back at:
  • 1% cash back on all other purchases
  • $200 bonus for spending $500 in the first 3 months
  • 5% cash back on:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
    • Grocery store purchases (not including Target or Walmart) up to $12,000 spent in the first year
  • 5% cash back in rotating categories, up to $1,500 spent per quarter, then 1%
  • 3% cash back at:
  • 1% cash back on all other purchases
  • $200 bonus for spending $500 in the first 3 months
  • 25% point bonus for redeeming through Chase Ultimate Rewards, 1.25¢ per point; 1:1 transfer rate to Chase’s travel partners
  • Each point is worth 1¢; no transfer options
  • Better benefits for general spending

Keep in mind that because there’s no annual fee, you could always get the Freedom Flex first and then decide later on if you want to add the Sapphire Preferred to your wallet as well.

You could use the Freedom Flex for its considerable reward potential while making your decision. Should you decide you’d like to increase your rewards even further, you could then apply for the Sapphire Preferred, especially if you spend a lot of money on both dining and travel.

The Rewards

Chase Sapphire Preferred® Card

Spending Rewards
  • 5X Ultimate Rewards points per dollar:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
  • 3X Ultimate Rewards points per dollar:
    • Dining
    • Select streaming services
    • Online grocery purchases (excluding Target, Walmart, and wholesale clubs)
  • 2X Ultimate Rewards points per dollar for other Travel purchases
  • 1X Ultimate Rewards point per dollar on all other purchases
Introductory Bonus
  • 60,000 bonus points after spending $4,000 on purchases in the first 3 months

The Sapphire Preferred provides rewards for all of your needs while you’re away from home. You’ll earn on dining, Lyft rides, plane tickets, hotel stays, taxis, trains, and more. So if you often find yourself traveling, this card would suit you well.

After you’ve earned your points, you can redeem them through Chase Ultimate Rewards for a 25% bonus, something the Freedom Flex doesn’t offer.

The transfer options are another great aspect of the Sapphire Preferred. Points transfer in a 1:1 ratio, which is excellent considering some other major reward programs, like American Express Membership Rewards, sometimes skimp on the transfer rates. Your partner points could be worth much more than 1 cent, giving you access to more potential value from the card. It opens up plenty of other redemption options for your rewards.

The welcome bonus is also typically larger than the Freedom Flex’s.

Insider tip

If you have the Sapphire Preferred and you’re looking for an even more impressive travel card, you can upgrade to the Chase Sapphire Reserve® (Review). It has a higher annual fee, but it provides stronger perks like an annual travel credit, a bigger redemption bonus, and improved rewards.

Chase Freedom Flex℠

Spending Rewards
  • 5% cash back on:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
    • Grocery store purchases (not including Target or Walmart) up to $12,000 spent in the first year
  • 5% cash back in rotating categories, up to $1,500 spent per quarter, then 1%
  • 3% cash back at:
  • 1% cash back on all other purchases
Introductory Bonus
  • $200 bonus for spending $500 in the first 3 months

The Freedom Flex doesn’t share the Sapphire Preferred’s travel focus, and instead earns on a wide array of purchases. Despite not focusing on travel, it still earns 5% cash back for it as long as you book through Chase Ultimate Rewards.

While that’s more than what the Sapphire Preferred offers, you won’t receive a travel redemption bonus or gain access to any point transfer options. And the Sapphire Preferred earns on all travel, not just what you book through Chase Ultimate Rewards, giving you a lot more flexibility.

That being said, the Freedom Flex is more suited to the general spender. The potential rewards could very easily outweigh the Sapphire Preferred’s. There are several more rotating 5% reward categories to accompany the static categories, as well.

These rotating categories cover a lot of ground, with the 2020 categories including things like gym memberships, streaming services, Amazon purchases, and more. And despite the $1,500 spending limit, it’ll still yield plenty of cash back, so that doesn’t really take away from the Freedom Flex’s potential. Even with the limit, the categories push the reward potential of the Freedom Flex far past what the Sapphire Preferred can offer.

However, there is a way you could use both cards to increase your earnings even more. But we’ll get into that a bit later on.

Here are the quarterly 5% bonus categories for 2021, compared to what was offered in 2020:

Quarter2021 Categories2020 Categories
January – March
  • Wholesale Clubs
  • Internet
  • Cable/Phone Services
  • Select Streaming Services
  • Gas Stations
  • Select Streaming Services
  • Internet, Cable, Phone Services
April – June
  • Gas Stations
  • Home Improvement Stores
  • Grocery Stores
  • Fitness Club & Gym Memberships
  • Select Streaming Services
July – September
  • Grocery Stores (excluding Target and Walmart)
  • Select Streaming Services
  • Amazon
  • Whole Foods Market
October – December
Insider tip

If you have the old Chase Freedom® (Review), you can upgrade to the Freedom Flex for little hassle. However, in general it would be best to simply apply for the Freedom Flex without upgrading, so you can qualify for the welcome bonus.

And there’s one more card in the Chase Freedom family — the Chase Freedom Unlimited® (Review). It features the same static rewards as the Freedom Flex, but with no rotating categories. It also earns 1.5% cash back for non-category purchases.

Redeeming

Although each card earns Chase Ultimate Rewards points, the redemption options are quite different.

The Freedom Flex only features basic redemption methods, like statement credits and gift cards, with no transfer options. Each point with the Freedom Flex will be worth 1 cent at the most. The Chase Sapphire Preferred has the Freedom Flex beat in this regard.

With the Sapphire Preferred you can transfer your points to net a higher cash back equivalent. If you can find a value of 2 cents or more, you’d get a cash back equivalent of at least 10% for Lyft rides, 6% for dining, and 4% for travel outside of Ultimate Rewards.

Or you could redeem your points for travel expenses through the Chase Ultimate Rewards travel portal for a 25% bonus. That’d make each point worth 1.25 cents.

The airline and hotel partners that you can transfer points to from the Chase Sapphire Preferred, all at a 1:1 rate, are:

Airline Travel Partners
Aer Lingus AerClubBritish Airways Executive ClubEmirates SkywardsFlying Blue AIR FRANCE KLMIberia Plus
JetBlue TrueBlueSingapore Airlines KrisFlyerSouthwest Airlines Rapid RewardsUnited MileagePlusVirgin Atlantic Flying Club
Hotel Travel Partners
IHG Rewards ClubMarriott BonvoyWorld of Hyatt

The Freedom Flex is cut off from those options and offers no redemption bonus. Instead, you can:

  • Redeem for statement credits
  • Redeem for gift cards
  • Redeem for travel through Chase Ultimate Rewards
  • Use your rewards for purchases
  • Transfer your rewards to another Chase card, as we explain in a following section

How Much Would You Earn?

One of the best ways to compare these cards is by looking at each one’s earning potential.

Here are some examples of annual spending, breaking down some of the more useful bonus categories for each card. Each point for the Sapphire Preferred is valued at 1–2 cents. The Freedom Flex’s rewards are just expressed as cash back.

For travel spending, we’reassuming you can book through Chase Ultimate Rewards with the Freedom Flex. If you can’t, you’ll earn less in rewards for this category. We’re also assuming quite a lot of travel spending; if you won’t spend as much on travel, your overall reward value will skew more towards the Freedom Flex.

Travel Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (2X points for travel booked directly)$7,00014,000 points$140–$280
Sapphire Preferred (5X points for travel booked through Ultimate Rewards)$7,00035,000 points$350–$700
Freedom Flex (5% cash back for travel booked through Ultimate Rewards)$7,000$350$350
Freedom Flex (1% cash back for travel booked directly)$7,000$70$70
Lyft Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (5X points)$2501,250 points$12.50–$25
Freedom Flex (5% cash back)$250$12.50$12.50
Dining Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (3X points)$1,0003,000 points$30–$60
Freedom Flex (3% cash back)$1,000$30$30
Drugstore Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (1X point)$300300 points$3–$6
Freedom Flex (3% cash back)$300$9$9

In addition to the categories above, with the Freedom Flex you’ll also gain a rotating selection of 5% categories, up to your first $1,500 spent per quarter, then you earn 1%. That means for three months you’ll earn 5% cash back on the following categories with the Freedom Flex, and then 1% for the remaining nine months. The rewards values are calculated with this in mind.

We’ll look at a few examples from the 2020 selection of categories:

Grocery Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (1X point)$4,0004,000 points$40–$80
Freedom Flex (5%/1% cash back)$4,000$80$80
Gas Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (1X point)$3,0003,000 points$30–$60
Freedom Flex (5%/1% cash back)$3,000$60$60
Streaming Service Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (3X points)$300900 points$9–$18
Freedom Flex (5%/1% cash back)$300$6$6

Now let’s see the total rewards, side by side, after subtracting the Sapphire Preferred’s annual fee:

CardAnnual SpendingAnnual RewardsAnnual Rewards Value (Annual Fee Deducted)
Sapphire Preferred$15,85026,450–47,450 points$169.50–$854.00
Freedom Flex$15,850$267.50–$547.50$267.50–$547.50

As you can see, if you were to redeem your rewards through normal means with the Sapphire Preferred, they couldn’t hold a candle to the Freedom Flex’s cash back. But if you’ll make use of point transfers, and if you can book travel through Ultimate Rewards, the Sapphire Preferred would prove far more rewarding.

Keep in mind the value range for the Sapphire Preferred assumes you’re getting between 1 cent per point at the low end and 2 cents per point at the high end. And while 2 cents is a good number to aim for, you could find an even higher value which would increase your return.

If you weren’t able to book through Ultimate Rewards with either card, going from the examples above, your rewards would obviously be significantly lower.

But there is a way to use both cards to maximize your rewards. By getting both, you’d gain access to the Freedom Flex’s wide array of bonus categories and the Sapphire Preferred’s redemption and transfer options — a major win-win.

How Do the Benefits Compare?

While these two cards have the same issuer, they belong to different card networks.

The Sapphire Preferred is a Visa Signature, while the Freedom Flex is a World Elite Mastercard.

And because benefits are doled out by both the credit card issuer and the network, the Chase Freedom Flex and the Chase Sapphire Preferred share a few of their benefits but also have some discrepancies.

One of the larger discrepancies lies within their rental car insurance coverage. While both cards share this benefit, they come from different providers meaning the terms vary.

The coverage provided by the Chase Sapphire Preferred is primary, while the Freedom Flex provides secondary coverage to its cardmembers. That means if an accident happens the Sapphire Preferred would cover everything, without having to go through your own private insurance provider. Secondary coverage only kicks in after your own insurance has been exhausted.

The Sapphire Preferred also has some travel protections and perks that the Freedom Flex doesn’t. Cardholders will get the Luxury Hotel & Resort Collection, trip delay reimbursement, baggage delay reimbursement, and lost luggage reimbursement. So it’s safe to say the Sapphire Preferred is better suited for travelers. It also features a longer DoorDash membership (known as a DashPass).

The Freedom Flex, which is better suited for a general spender, features benefits like monthly Lyft credits, 5% cash back at Boxed Wholesale, and cell phone protection.

You can see the complete list of benefits for each card below:

Chase Sapphire PreferredChase Freedom Flex
Year-long DoorDash membershipThree-month DoorDash membership
Chase OffersChase Offers
Shop through ChaseShop through Chase
$60 Peloton membership creditShopRunner membership
Chase Credit JourneyChase Credit Journey
Luxury Hotel & Resort CollectionBoxed Deals
Visa Signature ConciergeMastercard World Elite Concierge
Direct access to customer supportLyft Credits
Fandango discount
Trip Cancellation/Interruption InsuranceTrip Cancellation/Interruption Insurance
Primary Auto Rental Collision Damage WaiverSecondary Auto Rental Collision Damage Waiver
Travel and Emergency Assistance ServicesTravel and Emergency Assistance Services
Trip Delay ReimbursementCell Phone Protection
Baggage Delay Insurance
Lost Luggage Reimbursement
Purchase ProtectionPurchase Protection
Extended WarrantyExtended Warranty

How Do the Terms and Fees Compare?

CardPurchase APRBalance Transfer APRCash Advance APR
Chase Sapphire Preferred® Card15.99% - 22.99% Variable15.99% - 22.99% Variable24.99% Variable
Chase Freedom Flex℠14.99% - 24.74% Variable14.99% - 24.74% Variable24.99% Variable
CardAnnual FeeForeign Transaction Fee
Chase Sapphire Preferred® Card$95$0
Chase Freedom Flex℠$03% of each transaction in U.S. dollars
CardBalance Transfer FeeCash Advance Fee
Chase Sapphire Preferred® CardEither $5 or 5% of the amount of each transfer, whichever is greaterEither $10 or 5% of the amount of each transaction, whichever is greater
Chase Freedom Flex℠Either $5 or 5% of the amount of each transfer, whichever is greaterEither $10 or 5% of the amount of each transaction, whichever is greater
CardPenalty APRLate FeeReturned Payment Fee
Chase Sapphire Preferred® CardUp to 29.99%See TermsSee Terms
Chase Freedom Flex℠Up to 29.99%See TermsSee Terms

There are a few differences within the terms that you should be aware of. First off, the Freedom Flex features an intro 0% APR for purchases, meaning your new purchases won’t accrue interest for 15 months.

You can avoid interest with the Sapphire Preferred, too. It, like most cards including the Freedom Flex, has a grace period. So as long as you pay your statement balance in full each month, the purchases you made during the previous billing cycle won’t accrue interest.

Another other important difference here is in the annual fees. While the Freedom Flex doesn’t ask for one, the Sapphire Preferred costs $95 per year.

And because the Sapphire Preferred has a focus on travel, there’s no foreign transaction fee to worry about. The Freedom Flex does carry a foreign transaction fee, so if you’re traveling overseas, just be aware you’ll be charged for every purchase you make in foreign currency.

How Can I Get the Most Out of These Cards?

For those of you who don’t want to pick between the two, these cards actually work quite well together.

Use the Freedom Flex for everything it’ll earn more rewards on, and the Sapphire Preferred where it would be more lucrative.

If you end up raking in the rewards with the Freedom Flex, you can transfer the points to the Chase Sapphire Preferred. That way, you’d gain access to both the 1:1 transfer rate and the redemption bonus for travel that the Sapphire Preferred has.

By transferring your points from the Freedom Flex to the Sapphire Preferred, you’d get both an impressive array of bonus categories and the potential to increase the value of your points. Learn more about transferring Chase Ultimate Rewards points here.

If you earn 5% cash back with the Freedom Flex and then move the rewards to the Sapphire Preferred, you can then transfer the points to one of Chase’s travel partners. From there, you could find a per-point value of 2 cents or more. That would boost your cash back equivalent to 10% or more for the 5% categories, and 6% or more for the 3% categories.

The Verdict

Both the Chase Sapphire Preferred® Card (Review) and the Chase Freedom Flex℠ (Review) are excellent cards, but one might be better for you depending on your spending habits.

If you’re one for adventures, the Sapphire Preferred would suit you well. It was built with travelers in mind, so if you’re often on the move, it’d be a good choice.

The Freedom Flex is better for people who spend on a variety of different things. It’s kind of a jack-of-all-trades card, and does most of them very well. But if you were to book all of your traveling through Chase Ultimate Rewards, the Freedom Flex would also be a great choice for travelers.

You could always get the Freedom Flex first to take advantage of its strong rewards program because it doesn’t have to cost you anything at all, as long as you avoid interest and other fees. Use it while deciding if you’d like to add the Sapphire Preferred to your collection later on.

After the Sapphire Preferred’s annual fee is taken care of, from the calculations above the Chase Sapphire Preferred earns $169.50–$854.00 per year, based on $15,850 in annual spending. In comparison, the Freedom Flex earns $267.50–$547.50. The amounts you spend, the methods by which you book travel, and how you redeem points will determine which card is more profitable in your unique situation.

Because of these caveats, using both of these cards together would be the best option. It would both increase your reward potential and let you access the Sapphire Preferred’s redemption options, meaning you could get the best of both worlds.

Rewards
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Rewards
Spending Rewards
  • 5X Ultimate Rewards points per dollar:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
  • 3X Ultimate Rewards points per dollar:
    • Dining
    • Select streaming services
    • Online grocery purchases (excluding Target, Walmart, and wholesale clubs)
  • 2X Ultimate Rewards points per dollar for other Travel purchases
  • 1X Ultimate Rewards point per dollar on all other purchases
Introductory Bonus
  • 60,000 bonus points after spending $4,000 on purchases in the first 3 months

Bonus restrictions

You are ineligible for this bonus if you have a Sapphire card, or you’ve received a new cardmember bonus for any Sapphire card in the past 48 months.

Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APRN/A
  • Regular Balance Transfer APR15.99% - 22.99% Variable
  • Balance Transfer FeeEither $5 or 5% of the amount of each transfer, whichever is greater
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRUp to 29.99%
  • Late FeeSee Terms
  • Returned Payment FeeSee Terms
  • Additional Cards Annual FeeN/A
  • Foreign Transaction Fee$0
Rewards
  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 5% cash back on travel purchased through Chase Ultimate Rewards®, and 1% on all other purchases.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99% - 24.74%.
  • No annual fee
Rewards
Spending Rewards
  • 5% cash back on:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
    • Grocery store purchases (not including Target or Walmart) up to $12,000 spent in the first year
  • 5% cash back in rotating categories, up to $1,500 spent per quarter, then 1%
  • 3% cash back at:
  • 1% cash back on all other purchases
Introductory Bonus
  • $200 bonus for spending $500 in the first 3 months
Balance transfers
Источник: https://www.creditcardinsider.com/blog/2021-comparison-the-chase-sapphire-preferred-vs-the-chase-freedom-flex-credit-card/

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Источник: https://www.investopedia.com/chase-freedom-flex-review-5078011

Best Credit Cards For Travel Insurance Benefits Of November 2021

Best Overall

Chase Sapphire Reserve®

Up to 10X Reward Rate

5X total points on air travel and 10X total points on hotels and car rentals when you purchase travel throughRead More

Welcome Bonus

50,000 points

Regular APR

16.99%-23.99% Variable

Credit Score

Excellent (750 - 850)

Why We Picked It

This card offers superior points earning rates if you spend frequently on travel and dining out. The $300 travel credit justifies much of the annual fee, and redeeming points for travel on Chase Ultimate Rewards or when using the Pay Yourself Back feature nets you a 50% bonus.

Pros & Cons

  • $300 annual travel credit is incredibly flexible
  • Generous welcome bonus
  • Get 50% more value when you redeem points for travel through Chase, or for select purchases through Pay Yourself Back℠  program
  • Points transfer to valuable airline and hotel partners
  • High annual fee
  • High variable APR on purchases
  • Excellent credit recommended

Card Details

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Through December 31, 2021, gas station & grocery store purchases will also count towards earning your Travel Credit
  • Earn 5X total points on air travel and 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3X points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

Best Value

Chase Sapphire Preferred® Card

Up to 5X Reward Rate

Earn 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all otherRead More

Welcome Bonus

60,000 points

Regular APR

15.99%-22.99% Variable

Credit Score

Excellent/Good (700 - 749)

Why We Picked It

Offering a rare mix of high rewards rates and redemption flexibility, this card is a dream for frequent spenders on travel & dining - while charging a modest annual fee.

Pros & Cons

  • Earn high rewards on several areas of spending
  • Transfer points to travel partners at 1:1 rate
  • Many travel and shopping protections
  • Annual fee
  • No intro APR offer
  • Best travel rewards are only for bookings through Chase

Card Details

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash’s subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

Best for Bank of America Customers

Bank of America® Premium Rewards® credit card

Apply Now

On Bank of America - Consumer's Secure Website

Apply Now

On Bank of America - Consumer's Secure Website

Up to 2X Reward Rate

Earn unlimited 2 points for every $1 you spend on travel and dining purchases. Earn 1.5 points for every $1Read More

Welcome Bonus

50,000 points

Regular APR

15.99% - 22.99% Variable APR on purchases and balance transfers

Credit Score

Excellent/Good (700 - 749)

Why We Picked It

Spending on travel and dining earns you 2 points per dollar, and the card comes with a nice suite of travel perks. Preferred Rewards clients score an extra 25%-75% cash back bonus.

Pros & Cons

  • No foreign transaction fee
  • TSA Precheck credit
  • Visa Signature Concierge benefit
  • Flexible reward redemption options
  • High penalty APR
  • High balance transfer fee
  • High standard APR and cash advance APR
  • No airport lounge perks

Card Details

  • Receive 50,000 online bonus points – a $500 value – after you make at least $3,000 in purchases in the first 90 days of account opening
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
  • If you’re a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase. That means you could earn up to 3.5 points for every $1 spent on travel and dining purchases.
  • No limit to the points you can earn and your points don’t expire
  • Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill® accounts, or gift cards or purchases at the Bank of America Travel Center
  • Get up to $100 in Airline Incidental Statement Credits annually and TSA Pre✓®/Global Entry Statement Credits of up to $100, every four years
  • No Foreign Transaction Fees
  • Low $95 annual fee
  • This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Best for Earning American Express Membership Rewards

The Platinum Card® from American Express

Apply Now

On American Express's Secure Website

Apply Now

On American Express's Secure Website

5X Reward Rate

Earn 5 Membership Rewards points per dollar on prepaid hotels booked with American Express Travel; earn 5 Membership Rewards perRead More

Welcome Bonus

100,000 Membership Rewards® Points

Regular APR

See Pay Over Time APR

Credit Score

Excellent/Good (700 - 749)

Why We Picked It

The Platinum Card is destined for frequent travelers who intend to fully leverage the rich set of luxury travel benefits and Platinum Concierge service. In the right hands, the classic status card's staggering annual fee is well justified.

Pros & Cons

  • High reward potential on flights and hotels booked through American Express Travel
  • Multiple credits can help justify the fee
  • Comprehensive airport lounge access
  • Luxury travel benefits and elite status with Hilton and Marriott with enrollment
  • High annual fee
  • Maximizing the statement credits takes some work and could be unworkable for many
  • Reward rate outside of travel is sub-par for a premium card

Card Details

  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
  • Plus, earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.
  • $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
  • American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. Enrollment required.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • $695 annual fee.
  • Terms Apply.
  • See Rates & Fees

Best Hotel Card Option

Hilton Honors Aspire Card from American Express *

Up to 14X Reward Rate

Earn 14X Hilton Honors Bonus Points on eligible purchases at participating hotels or resorts within the Hilton portfolio; Earn 7XRead More

Welcome Bonus

150,000 points

Regular APR

15.74% - 24.74% variable

Credit Score

Good/Excellent (700 - 749)

Why We Picked It

The flagship card from Hilton, the Hilton Honors Aspire Card from American Express comes with a price tag to match its top-tier status and perks. It's a perfect fit for big spenders who haunt Hilton properties enough to leverage the rich suite of benefits that come with the complimentary Diamond status.

Pros & Cons

  • Complimentary Priority Pass Select membership with enrollment
  • Up to $600 in statement credits
  • Instant Hilton Diamond status with rich set of benefits
  • High annual fee with no first-year waiver
  • High regular APR and penalty APR
  • No intro APR offer
  • Points have a lower value than most rewards programs

Card Details

  • Earn 150,000 Hilton Honors Bonus Points after you spend $4,000 in purchases on the Card within your first 3 months of Card Membership
  • Earn 14X Hilton Honors Bonus Points when you make eligible purchases on your Card at participating hotels or resorts within the Hilton Portfolio
  • Earn 7X Hilton Honors Bonus Points on eligible purchases on your Card for: Flights booked directly with airlines or amextravel.com, Car rentals booked directly from select car rental companies and U.S. restaurants
  • Earn 3X Hilton Honors Bonus Points on all other eligible purchases
  • $250 Hilton Resort Credit: With your Hilton Honors American Express Aspire Card, enjoy up to $250 in statement credits each year of Card Membership for eligible purchases at participating Hilton Resorts
  • Hilton Honors Diamond Status. With your Hilton Honors Aspire Card, you can enjoy complimentary Diamond status which includes even more perks from Hilton, such as 100% extra Bonus Points on all Base Points you earn, room upgrades, and more
  • Weekend Night Reward. Enjoy night one weekend reward with your new Hilton Honors American Express Aspire Card and every year after renewal. Plus, earn an additional night after you spend $60,000 on purchases on your Card in a calendar year
  • $100 Hilton On-Property Credit
  • Shop With More Confidence. Return Protection.If you try to return an eligible item within 90 days from the date of purchase and the merchant won’t take it back, American Express may refund the full purchase price excluding shipping and handling, up to $300 per item, up to a maximum of $1,000 per calendar year per Card account, if you purchased it entirely with your eligible American Express® Card. Purchases must be made in the U.S. or its territories.
  • Concierge. Let us take care of it. Concierge is a complimentary service, available day or night. Whether you need expert advice to make arrangements and reservations for a special anniversary dinner, tickets for a Broadway show, or the perfect gift, you can rely on Concierge to help take care of your requests, large and small.
  • Priority Pass™ Select. Relax with unlimited lounge visits for you and up to 2 guests per visit once enrolled in complimentary Priority Pass™ Select membership, which offers access to over 1,000 airport lounges around the world
  • $250 Airline Fee Credit.With the Hilton Honors Aspire Card you can also take advantage of the $250 Airline Fee Credit for incidental charges that are charged by the airline to your Card account.
  • Car Rental Loss and Damage Insurance
  • Premium Global Assist® Hotline. You can rely on 24-7 medical, legal, financial, and other select emergency coordination and assistance services while traveling more than 100 miles from home. Premium Global Assist® Hotline
  • Baggage Insurance Plan.Coverage can be in effect for Eligible Persons for eligible lost, damaged, or stolen baggage during their travel on a Common Carrier (e.g. plane, train, ship, or bus) when the entire fare for a ticket for the trip (one-way or round-trip) is charged to an eligible Card Account. Coverage can be provided for up to $1,250 for carry-on baggage and up to $500 for checked baggage, in excess of coverage provided by the Common Carrier (e.g. plane, train, ship, or bus). For New York State residents, there is a $10,000 aggregate maximum limit for all Covered Persons per Covered Trip. Please read important exclusions and restrictions.

Best for Frequent Delta Flyers

Delta SkyMiles® Reserve American Express Card

Apply Now

On American Express's Secure Website

Apply Now

On American Express's Secure Website

Up to 3X Reward Rate

Earn 3X Miles on Delta flights and Delta Vacations®; Earn 1 mile per dollar for all other eligible purchases youRead More

Welcome Bonus

50,000 Miles

Regular APR

15.74%-24.74% Variable

Credit Score

Excellent/Good (700 - 749)

Why We Picked It

It makes sense for Delta high-fliers to grab the top-of-the-line Delta SkyMiles® Reserve American Express Card. The access to Sky Club alone helps justify the annual fee for frequent Delta flyers, then add in the annual companion certificate for eligible domestic flights (plus taxes and fees), free first checked bag when you fly Delta, priority boarding, and bonus MQM miles toward Elite status. However, the mediocre miles earning rates reduce the card's overall appeal.

Pros & Cons

  • Rich Delta perks, including a free first checked bag and priority boarding on Delta flights
  • Access to Delta Sky Club airport lounges when flying Delta
  • Annual companion certificate good for both economy and first class
  • High regular APR
  • Mediocre earning rates on rewards
  • Companion Certificate only valid on domestic flights
  • Sky Club access is only for one person

Card Details

  • Earn 50,000 Bonus Miles and 10,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 in purchases on your new Card in your first 3 months.
  • Plus, earn up to $100 back in statement credits for eligible purchases at U.S. restaurants with your card within the first 3 months of membership.
  • Earn up to 60,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $30,000 in purchases on your Card in a calendar year, you can earn 15,000 MQMs four times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different than miles you earn toward flights.
  • Receive a Domestic First Class, Delta Comfort+® or Main Cabin round-trip companion certificate each year upon renewal of your Card. *Payment of the government-imposed taxes and fees of no more than $75 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Complimentary access into the Delta Sky Club® for you when travelling on a Delta flight.
  • Enjoy complimentary access to The Centurion® Lounge or Escape Lounge – The Centurion® Studio Partner when you book a Delta flight with your Reserve Card.
  • Fee Credit for Global Entry or TSA Pre✓®.
  • Enjoy your first checked bag free on Delta flights.
  • Earn 3X Miles on Delta purchases.
  • Earn 1X Mile on all other eligible purchases.
  • No Foreign Transaction Fees.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees

Methodology

Not all credit cards that offer travel insurance are equal, which is why Forbes Advisor took the time to compare offerings from each card as well as policy limits and included features. For the purpose of this ranking, we looked for cards that offer important travel insurance benefits like trip cancellation and interruption coverage, lost luggage reimbursement, emergency evacuation coverage and travel accident insurance.

We also looked for coverage that can help you avoid unnecessary expenses in the event of a travel delay, such as trip delay coverage and baggage delay insurance.

Credit cards within our ranking that charge an annual fee offer rewards and cardholder perks that are commensurate with the annual cost. We also compared credit card products based on their rewards programs and the initial bonus you can earn the first year.


Best Credit Cards for Travel Insurance of 2021

Источник: https://www.forbes.com/advisor/credit-cards/best/travel-insurance-benefits/

Chase Freedom Unlimited vs Chase Sapphire Preferred (2021)

Chase Freedom Unlimited vs Chase Sapphire Preferred

This expert Chase Freedom Unlimited® vs Chase Sapphire Preferred® Card comparison review will help you pick the best Chase credit card for your spending habits. Both of these cards are some of the most popular picks for a reason. Let’s take a look at what each has to offer.

Sunrise over Central Park

Chase Sapphire Preferred Card – $750 in Award Travel

  • Annual fee: $95
  • Foreign transaction fee: None
  • Signup bonus value: The Chase Sapphire Preferred® Card currently has an offer of 60,000 Ultimate Rewards points after spending $4,000 in the first 3 months from account opening, worth $750 when you redeem through Chase Ultimate Rewards®.
  • Key features: 25% travel redemption bonus, 1:1 airline and hotel point transfers, travel insurance

The Chase Sapphire Preferred® Card is the better option if you redeem your points for travel rewards. You earn 5x points on Lyft rides through March 2022, and unlimited deliveries with a $0 delivery fee, and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash’s subscription service (must activate by 12/31/21).

Also, enjoy new Chase Sapphire benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x points on travel purchased through Chase Ultimate Rewards®, 3x points on dining, and 2x points on all other travel purchases, plus more.

Your points are most valuable when redeemed for travel.

The annual fee is $95 per year.

The Chase Sapphire Preferred® Card currently has an offer of 60,000 Ultimate Rewards points after spending $4,000 in the first 3 months from account opening, worth $750 when you redeem through Chase Ultimate Rewards®.

As you can imagine, this is currently one of the best credit card offers available now.

Redeeming Rewards Points for Travel

The winner of the Chase Sapphire Preferred vs Freedom Unlimited comparison comes down to how valuable each point is for your preferred redemption option.

Each point is worth 1 cent when redeeming cash statement credits, gift cards, and Amazon.com shopping credits. However, your points are worth at least 1.25 cents each when booking award travel. With the Chase Freedom Unlimited, your points are only worth 1 cent each for any redemption.

Because of the value of points, the Chase Sapphire Preferred credit score needed may be slightly higher, though it’s not impossible.

25% Travel Redemption Bonus

Your points are worth 25% more when booking award travel on the Chase Ultimate Rewards portal, making 10,000 points worth $125. However, the same 10,000 points are only worth $100 if you redeem your points for cash rewards to cover recent purchases.

1:1 Airline and Hotel Point Transfers

Another Chase Sapphire Preferred perk that the Freedom Unlimited doesn’t have is the 1:1 point transfers. You can transfer your points in 1,000-point increments to airline and hotel partners. Booking award flights directly through the airline are almost always the most valuable way to redeem Chase Ultimate Rewards.

Here are the current 1:1 Chase transfer partners:

  • Aer Lingus
  • Aeroplan
  • British Airways
  • Emirates
  • Flying Blue
  • Iberia
  • JetBlue
  • Singapore Airlines
  • Southwest Airlines
  • United
  • Virgin Atlantic
  • IHG
  • Marriott Bonvoy
  • World of Hyatt

You can find some of your best value by transferring your points and booking first class or business class seats.

Additional Travel Benefits

This card offers some valuable trip protection benefits that can save you thousands if your trip gets delayed or canceled:

  • Up to $10,000 per person ($20,000 per trip) in non-refundable travel purchases for delayed or canceled travel under covered reasons
  • Chase Sapphire Preferred rental car insurance benefits for collision and theft damage
  • Baggage delay insurance up to $100 per day for 5 days
  • Trip delay reimbursement (up to $500 per ticket) for essential purchases

Signup Bonus

The Chase Sapphire Preferred® Card currently has an offer of 60,000 Ultimate Rewards points after spending $4,000 in the first 3 months from account opening, worth $750 when you redeem through Chase Ultimate Rewards®.

This bonus is worth $750 when booking award travel on the Chase travel portal thanks to the 25% travel redemption bonus. Each point can be worth more than 1.25 cents each when you transfer them to a 1:1 partner.

Note that you won’t qualify for this bonus if you currently own the Chase Sapphire Reserve or have earned a Sapphire bonus within the last 48 months. This is also known as the Chase 5/24 rule.

Chase Sapphire Preferred Perks

There are several Chase Sapphire reward categories. The Chase Sapphire Preferred earns unlimited:

  • 5x points on travel purchased through Chase Ultimate Rewards® (excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit)
  • 5x points on Lyft rides (through March 2022)
  • 3x points on dining (including eligible delivery services, takeout, and dining out)
  • 3x points on online grocery purchases (excluding Target®, Walmart®, and wholesale clubs)
  • Also 3x points on select streaming services
  • 2x points on all other travel purchases
  • 1x point per $1 spent on all non-bonus purchases 

There is a $50 annual Ultimate Rewards Hotel Credit. It comes in the form of a statement credit that will automatically be applied to your account when your card is used for hotel accommodation purchases made through the Ultimate Rewards program, up to an annual maximum accumulation of $50.

Plus, on each account anniversary, you’ll earn bonus points equal to 10% of your total purchases made the previous year. So, if you spend $25,000 on purchases, you’ll get 2,500 bonus points.

Additional Chase Sapphire Preferred benefits include unlimited deliveries with no delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with a DoorDash DashPass subscription. Activate your card by December 31, 2021.

Plus, cardholders can earn up to $60 in statement credits on Peloton Digital and All-Access Memberships through December 31, 2021.

Points are worth 25% more when redeemed for statement credits against existing purchases in select, rotating categories with the Chase Pay Yourself Back feature.

Chase Freedom Unlimited – No Annual Fee

  • Annual fee: $0
  • Foreign transaction fee: 3%
  • Signup bonus value: New Chase cardholders can earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening. Plus, they can earn 5% cash backon grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • Key features: Earn up to 5% back on every purchase

The best way to describe the Chase Freedom Unlimited® is it’s a cash back credit card that gets at least 1.5% back on every purchase.

Cardholders earn unlimited:

  • 5% cash back on travel purchased through Chase Ultimate Rewards®
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 1.5% cash back on all other purchases

There is no limit to how much cash back can be earned.

You also have the option of redeeming your points for cash, gift cards, award travel, and Amazon.com shopping points. Your points are only worth 1 cent each for any redemption option.

Getting at least 1.5% back and no annual fee makes this one of the best travel credit cards with no annual fees. However, the 3% foreign transaction fee means this card isn’t a good option for international travel.

Like the Chase Sapphire Preferred, cardholders also have DoorDash and Lyft benefits. These include 5% cash back on Lyft rides through March 2022 and 3 months of DashPass, DoorDash’s subscription service that offers unlimited $0 delivery fees, and reduced service fees on orders of $12 or more.

It’s worth noting that Chase has also introduced the Chase Freedom Flex℠ no annual fee card. It also comes with cashback perks that may be more suited to your spending. You can learn more about it in our Chase Freedom Flex review.

You may also want to visit our comparison of the Chase Freedom Flex and Freedom Unlimited if you prefer these no annual fee options over the $95 annual fee Sapphire Preferred.

Redeeming Points for Cash or Travel

Aside from the signup bonus, for every $1 you spend, you earn at least 1.5 rewards points. Points are redeemable for cash back, gift cards, Amazon.com shopping points, and booking award travel on the Chase travel portal.

But unlike the Chase Sapphire Preferred, you don’t get a 25% travel redemption bonus or have access to 1:1 point transfers. The good news is that no matter how you redeem your points, they are always worth 1 cent each. So, 10,000 points are worth $100 in cash or travel rewards.

One way to have a redemption value higher than 1 cent each point is to also own the Chase Sapphire Preferred Card. You see, Chase lets you pool your rewards points but only on your cards that earn Ultimate Rewards points. For this reason, it is one of the best Chase credit cards.

Additional Benefits

This card offers some additional card benefits to protect your shopping purchases:

  • 120 days of purchase protection for theft and damage up to $500 per claim
  • Extended warranty protection on select purchases

Signup Bonus

New Chase Freedom Unlimited® cardholders can earn a $200 bonus after spending $500 on purchases in the first 3 months from account opening. Plus, they can earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.

The Chase Freedom Unlimited or Chase Sapphire Preferred?

These two cards cater to different spending habits. Both cards earn Chase Ultimate Rewards points which are redeemable for cash, travel, gift cards, or Amazon.com credit.

Either card requires a minimum 680 credit score to have the best approval odds. Both of these cards also fall under the Chase 5/24 rule. Even with a good credit score, Chase will decline your application if you have opened or been listed as an authorized user on 5 or more credit cards in the last 24 months.

When to Try for the Chase Sapphire Preferred First

If you are near the 5/24 threshold, you should consider trying for the Chase Sapphire Preferred Card first if you redeem your points for award travel. Although you pay a $95 annual fee, the 25% travel redemption bonus, 1:1 point transfers, and signup bonus can be well worth it.

After waiting several months, you can try for the Chase Freedom Unlimited. It earns:

  • 5% cash back on travel purchased through Chase Ultimate Rewards®
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 1.5% cash back on all other purchases

When to Try for the Chase Freedom Unlimited

The Chase Freedom Unlimited is the better option if you prefer cash rewards. Earning at least 1.5% back on every purchase is one of the best cash back rates.

Although you don’t get a 25% travel redemption bonus or 1:1 point transfers, these two options are not worth the $95 annual fee for infrequent travelers.

Who Wins?

Is Chase Sapphire Preferred better than Chase Freedom Unlimited? Both the Sapphire Preferred and Freedom Unlimited make it easy to earn more rewards from your daily spending. The Sapphire Preferred is the better option because of the flexible travel redemption options if you book award travel on a regular basis. But the Freedom Unlimited is better if you don’t want to worry about an annual fee and still want to earn unlimited cashback on all of your purchases.

Which card do you prefer: Chase Sapphire Preferred® Card (travel rewards) or the Chase Freedom Unlimited® (cash rewards)?

Related Articles:

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Chase Sapphire Preferred® Card

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Источник: https://www.johnnyjet.com/chase-freedom-unlimited-vs-chase-sapphire-preferred/

Chase freedom credit card travel insurance benefits -

The best travel credit cards of 2021


Caroline Lupini, Sarah Hagman 

Chase travel insurance benefits

If you’re traveling and facing unforeseen circumstances, you might be in luck if you carry a Chase credit card.

Chase cards are known as some of the best travel cards, and it’s not only because of their high rewards rates and valuable perks. Chase offers significant protections to cardholders, including primary or secondary car rental insurance, trip cancellation coverage and more.

See related: Your guide to travel insurance ahead of your next trip

The fast-developing COVID-19 situation has brought a lot of uncertainty when it comes to travel plans. Many cardholders wonder if their travel insurance benefits can help them get reimbursement for delayed and canceled trips.

In this guide, we’re going to take a look at travel insurance benefits offered with Chase credit cards to see what’s covered – and what isn’t.

Trip cancellation/interruption and delay insurance

Chase’s trip cancellation insurance can cover your non-refundable travel expenses if your trip is canceled or interrupted. The policy covers the cardholder and their immediate family members, even if the cardholder isn’t traveling with them. Note that in this case, the trip expenses still need to be charged on the cardholder’s eligible card.

Examples of what Chase’s travel insurance policy covers include:

  • Accidental injury or sickness
  • Severe weather that results in cancellation or interruption of a trip
  • Terrorist action or hijacking
  • Jury duty or a court subpoena that can’t be rescheduled

See related: Trip canceled? Your credit card may reimburse you

Make sure to check your benefits guide to find what your policy doesn’t cover. For instance, Chase won’t reimburse you if you’re traveling against your doctor’s advice, or if you’ve changed your plans due to financial circumstances.

Tip: If you’re canceling your trip as a result of coronavirus concerns, Chase’s travel insurance policy might not cover your expenses. We recommend reaching out to your credit card issuer to work out possible solutions.

Travel delay reimbursement, on the other hand, covers expenses like lodging and food if a trip booked with your eligible card is delayed by the common carrier (airline, ship, etc.) for more than 12 hours or requires an overnight stay. Chase can cover up to $500 for each ticket and up to one hazard per trip.

Note that you can only get reimbursed if you have paid for your travel arrangements with your eligible Chase card. It’s also important to remember that both cancellation and delay insurance policies are secondary. That means they kick in after you get reimbursement from your primary travel insurance.

Which Chase cards offer trip cancellation or delay insurance?

CardRewards rateAnnual feeTrip cancellation or delay insurance
Chase Sapphire Reserve®

 

  • 10 points per dollar on Lyft purchases
  • 10 points per dollar on hotels and car rentals purchased through the Chase portal
  • 5 points per dollar on air travel purchased through the Chase portal
  • 3 points per dollar on other travel and restaurants
  • Earn elevated rewards on all travel purchases immediately after earning the $300 annual travel credit
  • 1 point per dollar on general purchases
$550Both
Chase Sapphire Preferred® Card
  • 5 per dollar on Lyft purchases
  • 5 points per dollar on travel purchased through the Chase portal
  • 3 points per dollar on restaurants
  • 2 points per dollar on other travel
  • 1 point per dollar on general purchases
$95Both
Ink Business Preferred® Credit Card
  • 3 points per dollar on travel, shipping, internet, cable, phone services and advertising purchases (on up to $150,000 combined purchases yearly)
  • 1 point per dollar on general purchases
$95Both
United Club℠ Infinite Card
  • 4 miles per dollar on United purchases
  • 2 miles per dollar on all other travel (including other airlines)
  • 2 miles per dollar on dining
  • 1 mile per dollar on other purchases
$525Both
United℠ Business Card*
  • 2 miles per dollar on local transit and commuting, including train tickets, taxi cabs, mass transit, tolls and ride share services
  • 2 miles per dollar at gas stations, restaurants and office supply stores
  • 2 miles per dollar on United purchases
  • 1 mile per dollar on all other purchases
$99Both
United Explorer Card
  • 2 miles per dollar on hotels, restaurants and directly purchased United tickets
  • 1 mile per dollar on other purchases
$95, $0 first yearBoth
World of Hyatt Credit Card
  • 4 points per dollar on Hyatt hotel purchases (on top of 5 base points per dollar earned by regular World of Hyatt members)
  • 2 points per dollar on restaurants, directly purchased airfare, local transit, commuting and gym and fitness club memberships
  • 1 point per dollar on other purchases
$95Both
IHG® Rewards Club Premier Credit Card
  • Up to 25 points per dollar on IHG hotel stays (10 points per dollar as a cardholder in addition to 15 points per dollar earned as an IHG Rewards Club member)
  • 2 points per dollar on gas station, grocery store and restaurant purchases
  • 1 point per dollar on other purchases
$89 (waived first year)Trip cancellation/interruption
Marriott Bonvoy Boundless® Credit Card
  • 6 points per dollar at Marriott Bonvoy hotels
  • 2 points per dollar on other purchases
$95Trip delay reimbursement
Marriott Bonvoy Bold® Credit Card
  • 3 points per dollar spent at Marriott Bonvoy properties
  • 2 points per dollar on other travel purchases
  • 1 point per dollar on all other purchases
$0Trip delay reimbursement

Lost luggage reimbursement and baggage delay insurance

It can be extremely frustrating to have your baggage delayed, let alone lost. If you find it difficult to get fully reimbursed by an airline or another carrier, your Chase travel insurance benefits can come in handy.

For instance, if your baggage is delayed, you can get reimbursement for essentials like clothes and toiletries. If it’s lost, the policy can cover the value of your belongings.

Chase’s lost or delayed luggage coverage is secondary. You’ll need to file a claim with the carrier first to get reimbursed, and your Chase baggage insurance can cover the rest up to a certain limit.

Premium cards, such as Chase Sapphire Reserve, Chase Sapphire Preferred, the Ink Business Preferred and the Hyatt Credit Card offer the best protections for your luggage. They can cover the belongings in your baggage for up to $3,000 per person and reimburse you up to $100 a day for up to five days if your baggage is delayed.[myfinance]

Travel accident insurance

While we all travel hoping the worst won’t happen, it’s nice to have peace of mind knowing that you’re covered against it.

Travel accident insurance covers events such as accidental death and dismemberment, as well as a combined loss of speech, hearing or sight that happened during a covered trip. Chase breaks down this coverage in two benefit types: common carrier travel accident insurance and 24-hour travel accident insurance.

Common carrier insurance offers coverage for accidents occurring when entering, exiting or traveling on a plane, train, bus or other common carrier. Twenty-four-hour insurance provides benefits for the entire trip’s length up to 30 days. It kicks in on the departure date and ends on the return date printed on the tickets. You can only use one type of insurance at a time.

Tip: Chase’s travel accident insurance doesn’t cover physical illness, including viral infections, such as COVID-19.

The majority of Chase credit cards offering this travel benefit pay up to $500,000 in common carrier insurance and $100,000 in 24-hour insurance.

Auto rental collision damage waiver

On a qualifying Chase card, an auto rental collision damage waiver can reimburse you for theft or damage from a collision to a rental vehicle. It covers the cardholder listed as the primary renter and authorized drivers.

See related: Using the rental car insurance benefit with the Chase Sapphire cards

Chase isn’t the only card issuer that provides car rental insurance on its cards, but it stands out for offering primary coverage. With primary coverage, you don’t have to file a claim with your primary insurance carrier before submitting a claim for reimbursement from Chase.

Chase’s car rental insurance policy is also quite generous. With most of its cards, you can get reimbursed up to the cash value of the rental vehicle. And with Chase Sapphire Reserve, the maximum coverage amount goes up to $75,000 – a level of car rental protection that’s hard to beat.

To activate coverage, use your eligible Chase credit card to pay for the rental and decline the rental’s company collision damage waiver.

Make sure to read your benefits guide to check what is and isn’t covered under your card’s policy. For example, certain types of vehicles (like luxury cars or passenger vans) are excluded from the coverage, as well as damage done to other cars.

Roadside dispatch and travel assistance

Besides travel insurance, many Chase credit cards also come with perks like roadside dispatch and travel and emergency assistance. Check your benefits guide to see if your card is eligible.

If you run into a problem while on a trip, you can call 1-888-320-9961 for medical and legal referrals, as well as other types of assistance. The service is free, but you’ll have to pay for any third-party costs, such as doctor visits or transportation.

If you’re stranded at the side of the road and need help with a tire change or jumpstart, you can call Chase at 1-800-847-2869 for roadside dispatch. It charges a flat fee per service call and provides:

  • Towing (up to five miles)
  • Jumpstarting
  • Tire changing (you must have a good spare)
  • Lockout service
  • Winching (within 100 feet of paved road)
  • Fuel delivery (up to five gallons – the fuel’s cost isn’t included)

See related: Roadside assistance, your credit card’s little known benefit

Premium cards, including the Chase Sapphire Reserve, United Explorer Card and United Club Infinite, qualify for roadside assistance – which offers more coverage than roadside dispatch. For the same services listed above, these qualifying cards cover the cost of up to $50 per service event and up to four events per year.

How to file a travel insurance claim with Chase

If any of the events described above apply to your situation, you can submit your claim online at the Chase claim center. You’ll be prompted to enter your card information, choose the type of claim and provide your personal information.

After that, you’ll need to provide details of your claim and documents to substantiate it. This is the most important and complicated step in the process. Check your benefits guide for required documentation to make sure you have everything you need.

Remember that if you’re using secondary coverage, you’ll have to provide proof you’ve filed a claim with your primary insurance or carrier first.

Once you have provided all the necessary proof and documents, you can submit your claim.

Which is the best Chase card for travel insurance benefits?

Many Chase cards offer significant travel protections, but the Chase Sapphire Reserve is superior in many ways – not only to other Chase cards, but to cards from other issuers as well. It offers primary car rental insurance, high amounts of coverage on all travel insurance benefits and extras like roadside assistance. On top of that, it comes with emergency evacuation and transportation, as well as emergency medical and dental benefits.

See related: Making the most of your Chase Sapphire Reserve benefits and perks

Emergency evacuation and transportation can cover you if you’re injured or fall ill during a trip that you paid for with your Chase Sapphire Reserve card. It pays for medical services and transportation when you need to evacuate. The coverage amount is $100,000, and the insurance is secondary to other policies you may have.

With medical and dental benefit, you can be reimbursed for urgent medical expenses during your trip that are not covered by your primary medical insurance. It pays up to $2,500 for necessary medical services and $75 per day for a hotel stay if ordered by the physician (up to five days).

If you’re a frequent traveler who’s looking for the best travel insurance benefits available in the market, the Chase Sapphire Reserve might be a good option for you. The benefits paired with rewards can offset a high annual fee. However, if the fee seems too high, other Chase cards are worth looking into, as they also offer decent coverage to keep you safe in your travels.

Bottom line

Having a card with good travel insurance benefits can save you hundreds or even thousands of dollars – and a lot of stress. Chase credit cards offer excellent travel insurance benefits, especially if you don’t mind paying a substantial annual fee.

See related: Best credit cards for travel insurance

Always take time to read your benefits guide to know exactly what your card is eligible for. If you’re looking for a new credit card, make sure to research what it offers, including travel benefits, so you can make an educated decision.

*All information about the United Business Card has been collected independently by CreditCards.com and has not been reviewed by the issuer. 

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

Ana Staples is a staff reporter and young credit expert reporter for CreditCards.com and covers product news and credit advice. She loves sharing financial expertise with her reader and believes that the right financial advice at the right time can make a real difference. In her free time, Anastasiia writes romance stories and plans a trip to the French Riviera she'll take one day—when she has enough points, that is.

Источник: https://www.creditcards.com/credit-card-news/chase-travel-insurance-benefits/

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The 11 best perks that come with a Chase Sapphire Preferred Card

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners.

The Chase Sapphire Preferred® Card is a popular travel rewards card that comes with lots of perks without a huge annual fee. And right now, new cardholders can earn a 60,000-point welcome bonus when they spend $4,000 in the first three months of card membership.

With a 1:1 redemption rate (1 cent per point), the 60,000 Chase Rewards points are equal to $600 cash back — but you can get even more out of the bonus depending on how you redeem the rewards. (Business class flight to Europe, anyone?)

While this may be all the incentive you need to sign up, the Sapphire Preferred offers a whole slew of additional perks that make this card worth the $95 annual fee. There's a reason why it's one of our top-rated travel credit cards and best credit cards with annual fees under $100.

On top of its generous sign-up bonus and rewards program that offers 5X points on Lyft rides through March 2022, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, the Sapphire Preferred also offers some less obvious benefits that you may not know about.

Chase Sapphire Preferred® Card

  • Rewards

    $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining, 2X points on all other travel purchases, 5X points on Lyft rides through March 2022, and 1X points on all other purchases

  • Welcome bonus

    Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening

  • Annual fee

    $95

  • Intro APR

    None

  • Regular APR

    15.99% to 22.99% variable on purchases and balance transfers

  • Balance transfer fee

    Either $5 or 5% of the amount of each transfer, whichever is greater

  • Foreign transaction fee

    None

  • Credit needed

    Excellent/Good

Terms apply.

Here are the perks you'll definitely want to take advantage of when you sign up for the Chase Sapphire Preferred Card:

1. Points are worth 25% more with the Chase Ultimate Rewards portal and the Pay Yourself Back tool

Your Chase Rewards Points are worth a whole lot more when you have a Sapphire Preferred card.

When you redeem points for travel through Chase Ultimate Rewards® travel portal, points are worth 25% more. This means that those 60,000 points you earned from the welcome bonus can be worth up to $750 when you spend them on hotel stays, airfare, rental cars, cruises and more.

Points are also worth 25% more when you use the Chase Pay Yourself Back tool, which allows you to redeem rewards points to cover eligible purchases. So your 60,000 points from the welcome bonus can cover up to $750 of eligible purchases.

2. Transfer points from other Chase cards to increase their value

If you have another Chase credit card that also earns Ultimate Rewards®, such as the Chase Freedom Flex℠ or the Chase Freedom Unlimited®, you can transfer your points to your Sapphire Preferred card so you can get more value from your points.

You earn a higher redemption rate from your points with the Sapphire Preferred than with the Freedom cash-back cards (1.25:1 compared to 1:1), so transferring from one card to another is a smart and easy way to optimize your redemptions.

3. Transfer points to Chase's travel partners

Sapphire Preferred cardholders can transfer their points to one of Chase's 13 airline or hotel partners at a 1:1 ratio. These partners include United, Southwest, British Airways, JetBlue, Emirates, Marriott and Hyatt.

Redeeming points through a Chase travel partner can be a very good deal. For example, you can book luxurious hotels, like the Park Hyatt Maldives or Park Hyatt Sydney, for as little as 25,000 points a night. These hotels can often cost more than $1,000 a night.

4. Complimentary 1-year DoorDash DashPass membership

Sapphire Preferred cardholders get unlimited food deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service (valued at more than $100).

DoorDash claims that DashPass members save an average of $5 per order compared to non-subscribers. Depending on how often you order takeout, that can add to a big annual savings.

You must activate your DashPass membership by Dec. 31, 2021.

5. Cash back on Peloton membership

Sign up for an eligible Peloton digital ($12.99 per month) or all-access membership ($39.99 per month) through Dec. 31, 2021, and get up to $60 back. Peloton's workout library includes everything from cardio and running, to strength training, yoga and more.

Through March 2022, Sapphire Preferred members also earn 5X total points on each Peloton Bike, Tread and accessory purchase over $1,800, with a maximum earn of 25,000 points.

6. Chase shopping benefits

Cardholders get access to exclusive shopping discounts at select retailers via Chase Offers. These offers typically give you a set dollar amount of cash back as a statement credit, applied to your account within 14 business days.

Be sure to check out the Chase online shopping portal to earn extra points on purchases you make using your Sapphire Preferred through a special link the portal provides.

7. Purchase protection and extended warranty protection

The purchases you make with your Sapphire Preferred are eligible for purchase protection and extended warranty protection in case something goes wrong. Purchase protection covers your new purchases for 120 days against damage or theft, up to $500 per claim and $50,000 per account. The extended warranty protection tacks on an additional year for eligible warranties of three years or less.

8. Trip cancellation and interruption insurance

For any trip that gets canceled or cut short by sickness, severe weather and other covered situations, you can be reimbursed up to $10,000 per person and $20,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours and hotels. (You must book the travel on your Sapphire Preferred card to qualify for this insurance.)

9. Auto rental collision damage waiver

You should decline the rental company's collision insurance and charge the entire rental cost to your Sapphire Preferred, in order to receive primary coverage and reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

10. Baggage-delay insurance and trip-delay reimbursement

Lost luggage and trip delays are par for the course when traveling these days. Your Sapphire Preferred card relieves some of the cost that comes with these hassles with the baggage-delay insurance and trip-delay reimbursement.

Cardholders can get reimbursed for essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier, up to $100 a day for 5 days. And if you're delayed more than 12 hours or require an overnight stay, you and your family are covered for unreimbursed expenses, such as meals and lodging, up to $500 per ticket.

11. Travel support and no foreign transaction fees

While traveling, you can always call the Chase Benefit Administrator for travel and emergency assistance, legal and medical referrals. Also, take advantage of the card's $50 annual Ultimate Rewards Hotel Credit to make your next trip more affordable.

Plus, benefit from no foreign transaction fees on purchases made outside the U.S., which saves you the typical 3% fee other cards may charge.

Bottom line

Taking advantage of the Sapphire Preferred's generous welcome bonus is a no-brainer, but the additional perks — from travel insurance to shopping benefits — makes this card an essential for anyone who loves to travel, shop and dine out.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.
Источник: https://www.cnbc.com/select/chase-sapphire-preferred-credit-card-perks-benefits/

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This offer is no longer available on our site: Chase Sapphire Reserve®

This past summer, I used the travel insurance with my Chase Sapphire Reserve® credit card to book a hotel in New York City and a ride to the airport. But these weren’t just any accommodations. The hotel was right next to Central Park, and the ride was in a limousine.

How did I manage this? Allow me to explain.

I was on my way to San Francisco when a thunderstorm came rolling in and my flight out of LaGuardia Airport was canceled. Instead of panicking, I saw it as an opportunity to test out the trip delay benefit from my Chase Sapphire Reserve®.

I called the benefits administrator to make sure I was eligible for the trip delay insurance and confirm the coverage limits. Then I spent a few minutes figuring out how much I could afford to spend on a hotel, food and Uber rides.

Everything went smoothly until the next morning, when it was time to return to the airport. Uber was surging north of $80 for a trip to the airport, so I did what any budget traveler would do: I searched for the cheapest ride I could find. That just happened to be a limousine from the hotel’s car service. I felt as if I was going to prom.

Travel insurance is easy to ignore, but I’m glad I had it when I needed it. The trip delay insurance on my Chase Sapphire Reserve® turned what would’ve been a miserable experience into a fun night in the City that Never Sleeps.

The best part? I didn’t pay a penny. Many travel credit cards include travel insurance for no additional cost on top of the annual fee, as long as you purchase the trip with your card.

Not all credit card travel insurance is created equal, though. Let’s look at what you need to know to find the card with the best travel insurance features for you.



What’s travel insurance?

Travel insurance is exactly what it sounds like: insurance for when something goes wrong on your vacation or business trip. It can take many forms, ranging from trip cancellation or interruption insurance to coverage of emergency dental work.

My favorite credit card for travel insurance is the Chase Sapphire Reserve®. It covers a wide variety of expenses that result from unexpected changes to your travel plans, such as canceled flights and lost baggage. Learn more about how to maximize the benefits of the Chase Sapphire Reserve®.

Let’s take a closer look at the travel insurance benefits offered by this card.

 Chase Sapphire Reserve®
Travel accident insuranceUp to $1 million for loss of life, sight, hearing, speech or limb
Trip cancellation/interruptionUp to $10,000 per trip for yourself, with a max of $20,000 per trip if you’re traveling with family
Trip delay reimbursementUp to $500 for reasonable expenses, after a delay of a covered hazard of more than 12 hours or that requires an overnight stay
Lost or damaged baggageUp to $3,000 for each person on each trip (but only up to $500 of that can go toward jewelry and electronic equipment)
Rental carPrimary coverage, up to $75,000

Why do you need travel insurance?

At this point, you might be wondering whether travel insurance is actually worth it.

As with homeowner and auto insurance, you hope to never need it. But think about it this way: You’re protecting yourself from the worst-case scenario. What if your flight is canceled? What if your bags get lost? What if you get sick or sprain your ankle?

Just because you’ve never been in a car accident, that doesn’t mean you should cancel your auto insurance. So why would you skimp on travel insurance?

If you need further proof, let’s look at some of the most common travel insurance benefits and how they might apply in a real-life scenario.

5 travel insurance benefits that can save you serious money

1. Trip cancellation/interruption insurance

Let’s say you’re planning a family trip to Walt Disney World.

You spend $4,000 booking your flights, hotel, rental car and, of course, the Disney tickets. But a few days later, you’re called in for jury duty and are forced to cancel the trip — despite the nonrefundable reservations you made.

That’s where trip cancellation insurance comes in handy. Chase Sapphire Reserve® covers up to $10,000 in qualified nonrefundable travel arrangements per person that you made before your covered trip was canceled.

Here’s another scenario: You’re in the middle of your Walt Disney World adventure when you find out a relative back home has passed away. You know you’ll need to return home early to attend the funeral, but you’re not sure how to do it.

Changing your travel plans is probably the last thing you want to be dealing with in this kind of situation. To help the process go more smoothly, Chase Sapphire Reserve® also offers trip interruption insurance, which may reimburse you up to $10,000 for the unused and nonrefundable portion of your trip.

2. Trip delay insurance

On the other hand, maybe your trip to Walt Disney World was fantastic, but your flight home was canceled because of severe thunderstorms (like mine was!) and you need to stay in town one more night.

Trip delay insurance could have you covered in this case. I used the Chase Sapphire Reserve® trip delay insurance when my flight out of New York was canceled.

Just remember, a trip delay doesn’t necessarily have to ruin your vacation.

Scott Keyes, the founder of Scott’s Cheap Flights, an email newsletter that alerts subscribers to low airfares, has experienced his share of delayed flights and missing bags in his travels around the world. But he always finds a way to make the most out of a bad situation.

“I like to ride out my delay in style,” Keyes says.

“If it’s on my dime, I probably won’t order steak or oysters,” he says. “But if I know I’m getting reimbursed, why not treat myself?”

Won’t the airline pay for my hotel and food if it cancels my flight?

Not necessarily. Your airline is required, with a few exceptions, to give you money to cover these sort of expenses if you miss your flight because it’s overbooked. But airlines aren’t responsible for cancellations resulting from bad weather. That’s when the travel insurance on your credit card may help.

3. Lost baggage protection

Now let’s say you’re traveling from Chicago to New York for a job interview, but the airline accidentally loads your checked bags onto a flight headed to Los Angeles.

Instead of wearing a suit and tie to your interview, you’re staring down the prospect of showing up in blue jeans and a T-shirt. That’s not exactly the best way to impress a potential employer and win the job.

And if you find out a few days later that your bags have disappeared completely? The Chase Sapphire Reserve®’s lost baggage protection may provide up to $3,000 per person, per trip to replace lost items (though only $500 of that total can go toward jewelry and electronics).

Want travel perks? Find an Airline Credit Card Now

4. Rental car insurance

Most travel cards offer some form of rental car insurance.

What’s nice about Chase Sapphire Reserve®‘s coverage is that it’s primary rental car insurance, so you don’t have to file a claim with your auto insurance company, which could raise your insurance rates.

Keep in mind, the rental car insurance provided by your credit card might cover damage to the vehicle you’re driving, but it may not include liability coverage. So, you could still be on the hook for damages you cause to another driver’s car and any injuries sustained as a result of the accident.

How do I file a travel insurance claim?

The rules for filing a travel insurance claim may vary depending on the credit card issuer, but here are a few tips to keep you on track.

Call ahead for preapproval

This is the sort of situation in which it may be better to ask permission than forgiveness.

Sure, your credit card issuer may not always require preapproval (though sometimes it does). But if you misunderstand the fine print of your travel insurance policy and make an expensive purchase that’s not covered, you could be stuck footing the bill.

There’s usually a phone number on the back of your credit card you can call to reach a benefits administrator, who can confirm whether you’re covered, what type of purchases you can make and how much you can spend. Ask for a call reference number so you have a record of what they told you over the phone.

Don’t go crazy

Unfortunately, your insurance policy is not an all-expenses-paid extension of your vacation.    

If your flight is canceled and you need to stay another night, you might be tempted to book a fancy hotel, but don’t go overboard. Your insurance provider may frown upon (i.e. deny the claim for) extravagant purchases. So while it’s fine to treat yourself to a nice dinner, you should probably think twice before buying a diamond ring.

Remember, you’re still on a budget. Save room for unexpected costs.

Save your receipts

I recommend taking pictures of your receipts from restaurants and other stores you shop at, just in case you misplace them.

It’s also a good idea to ask your hotel for an email copy of your receipt, because it’s easier to keep track of an email than a small piece of paper. If you stay with Airbnb, your receipt will be emailed to you. Uber and Lyft also email your receipts, but taxis may not.

When it comes time to file your travel insurance claim, it will save you a lot of hassle if you keep all your receipts in one place. Just make sure you hang onto the original receipts and submit copies. That way, you’ll have a backup.

Don’t delay

It’s easy to procrastinate, but if you don’t file your claim promptly, you may run out of time. Many credit card issuers have deadlines for filing insurance claims, so pay attention to the terms and conditions associated with your card.

Besides, who doesn’t want that money sooner rather than later?

6 common questions about travel insurance, answered

What types of travel are covered?

Typically, most travel rewards credit cards offer some form of rental car insurance.

Some of the best travel cards may also offer various forms of coverage if you’re traveling by plane, train, bus or ship.

How do I know if my trip is covered?

It helps to read the fine print of your credit card agreement if you’re not sure whether your trip is covered. If you’re still confused, reach out to the benefits administrator for assistance.

What if I paid for my trip with rewards?

Chase Sapphire Reserve® may cover your vacation as long as you pay for any portion of your trip with the card. Coverage also kicks in when you redeem rewards. Many other credit cards require you to pay for the trip in full with your card, so always double-check first.

Is my family covered?

With Chase Sapphire Reserve®, you can rest assured that you’re not the only one who’s covered. If you purchase a family member’s ticket with your card, that person may also be covered. Conditions apply, so be sure to read the fine print. The coverage also extends to authorized users.

What exclusions should I know about?

Even the best travel insurance cards have their limitations.

Whether you qualify for trip cancellation insurance, for example, depends on the reason for the cancellation. If it’s raining in Cancun and you decide not to go even though it’s perfectly safe to fly, don’t count on being reimbursed. The same goes for a businessman who cancels his trip because of a meeting he has to attend.

Also, people with preexisting medical conditions and those participating in certain sports may not qualify for coverage.

Where can you get travel insurance?

If you want to protect yourself from vacation mishaps but can’t afford to pay an arm and a leg, you may want to consider applying for a credit card that offers travel insurance.

Many of the best travel cards offer various forms of travel insurance for no additional cost. But when you’re shopping for the best travel card, keep in mind you may be charged an annual fee.

Travel booking websites like Expedia may also offer travel insurance for a modest fee when you purchase airfare, book a hotel or rent a car. You can also find companies that specialize in travel insurance, but be prepared to pay for the peace of mind.

“Most of the time, it’s not worth paying more money for travel insurance,” Keyes said. “I’m a cheapskate. I don’t like spending money on things I don’t need to, so I always rely on my credit card as my fail-safe.”


Bottom line

When you’re heading out on vacation, signing up for travel insurance is just as important as remembering to bring your camera and map.

Travel insurance may sound boring, but you’ll be glad you have it if your plans fall apart.

If you’re wondering whether you can afford travel insurance, check to see if your credit card offers it. You may be surprised at the benefits already hiding in your wallet.

Want travel perks? Find an Airline Credit Card Now

About the author: Tim Devaney is a personal finance writer and credit card expert at Credit Karma. He’s a longtime journalist who prides himself on being a good storyteller who can explain complex information in an easily digestible wa… Read more.

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Источник: https://www.creditkarma.com/credit-cards/i/credit-card-travel-insurance
This page is a marketplace where our partners can highlight their current card offers. The reviews and insights represented are editorial, but the order in which cards appear on the page may be influenced by compensation we may receive from our partners.

Travel insurance can save you a lot of money if something goes wrong on a trip. Luckily, some of the top travel rewards cards offer travel insurance when you pay for travel with your card. See the best credit cards for travel insurance from our partners below.

1 - 10X points

  • 10X Earn 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards®.
  • 5X Earn 5X total points on air travel through Chase Ultimate Rewards®.
  • 3X Earn 3X points on other travel and dining.
  • 1X Earn 1 point per $1 spent on all other purchases

50,000 points

50,000 points

740-850

Excellent

740-850

Excellent

Why we chose it

The Chase Sapphire Reserve is one of our top premium travel cards. With a $300 travel credit, generous 3x on dining and travel purchases and other benefits, you can get excellent value that far exceeds the annual fee on the card.

Pros

  • $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year
  • Access to Chase Ultimate Rewards transfer partners: 10 airline and three hotel programs
  • Unlimited 3x on the broad category of travel and dining
  • 50% more value when you redeem your points for travel directly through Chase Ultimate Reward

Cons

  • Steep initial $550 annual fee
  • May not make sense for people that don't travel frequently
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Through December 31, 2021, gas station & grocery store purchases will also count towards earning your Travel Credit
  • Earn 5X total points on air travel and 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3X points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

Pros

  • $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year
  • Access to Chase Ultimate Rewards transfer partners: 10 airline and three hotel programs
  • Unlimited 3x on the broad category of travel and dining
  • 50% more value when you redeem your points for travel directly through Chase Ultimate Reward

Cons

  • Steep initial $550 annual fee
  • May not make sense for people that don't travel frequently
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Through December 31, 2021, gas station & grocery store purchases will also count towards earning your Travel Credit
  • Earn 5X total points on air travel and 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3X points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

Best sub-$100 annual fee card

2 - 5X points

  • 5X Earn 5X points on travel purchased through Chase Ultimate Rewards®.
  • 3X Earn 3X points on dining.
  • 2X Earn 2X points on all other travel purchases, plus more.

60,000 points

60,000 points

670-850

Excellent/Good

670-850

Excellent/Good

Why we chose it

The Chase Sapphire Preferred® Card is one of the most popular travel rewards credit card on the market. Offering an excellent return on travel and dining purchases, the card packs a ton of value that easily offsets its $95 annual fee. Cardholders can redeem points at 1.25 cents each for travel booked through Chase or transfer points to one of Chase’s 14 valuable airline and hotel partners.

Pros

  • You’ll earn 2x Ultimate Rewards points on travel and 3x Ultimate Rewards points dining including eligible delivery services and takeout.
  • The current welcome bonus on this card is quite generous. TPG values it at $1,200.
  • Premium travel protection benefits including trip cancellation insurance, primary car rental insurance and lost luggage insurance.

Cons

  • The card comes with a $95 annual fee.
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

Pros

  • You’ll earn 2x Ultimate Rewards points on travel and 3x Ultimate Rewards points dining including eligible delivery services and takeout.
  • The current welcome bonus on this card is quite generous. TPG values it at $1,200.
  • Premium travel protection benefits including trip cancellation insurance, primary car rental insurance and lost luggage insurance.

Cons

  • The card comes with a $95 annual fee.
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

1 - 3X points

  • 3X Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • 1X Earn 1 point per $1 on all other purchases – with no limit to the amount you can earn

100,000 points

100,000 points

670-850

Good, Excellent

670-850

Good, Excellent

Why we chose it

The Ink Business Preferred Credit Card’s sign-up bonus is among the highest we’ve seen from Chase. Plus earn points across the four bonus categories (travel, shipping, advertising and telecommunication providers) that are most popular with businesses. The card comes with travel protections, shopping protections and will also have primary coverage when renting a car for business purposes for you and your employees.

Pros

  • One of the highest sign-up bonuses we’ve seen — 100,000 bonus points after $15,000 worth of spend in the first three months after card opening
  • Access to the Chase Ultimate Rewards portal for points redemption
  • Reasonable $95 annual fee
  • Bonus categories that are most relevant to business owners: primary car insurance, and perks including cellphone and purchase protection, extended warranty, trip cancellation/interruption insurance, and trip delay reimbursement;

Cons

  • High spending needed to get 100,000-point sign-up bonus
  • No travel perks
  • Subject to Chase's 5/24 rule on card applications
  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.

Pros

  • One of the highest sign-up bonuses we’ve seen — 100,000 bonus points after $15,000 worth of spend in the first three months after card opening
  • Access to the Chase Ultimate Rewards portal for points redemption
  • Reasonable $95 annual fee
  • Bonus categories that are most relevant to business owners: primary car insurance, and perks including cellphone and purchase protection, extended warranty, trip cancellation/interruption insurance, and trip delay reimbursement;

Cons

  • High spending needed to get 100,000-point sign-up bonus
  • No travel perks
  • Subject to Chase's 5/24 rule on card applications
  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.

Terms & restrictions apply.See rates & fees

Best for flights booked directly with airlines or with Amex Travel

5 - 10X points

  • 10X Earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • 5X Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year.
  • 5X Earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.

100,000 points

100,000 points

670-850

Excellent/Good

670-850

Excellent/Good

Why we chose it

The Amex Platinum is unmatched when it comes to travel perks and benefits. If lounge access, hotel elite status and annual statement credits are important to you, this card is well worth the high annual fee.

Pros

  • The current welcome bonus on this card is quite lucrative. TPG values it at $2,000, not including any points you may earn from the temporary 10x bonus categories
  • This card comes with a long list of benefits, including access to Centurion Lounges, complimentary elite status with Hilton and Marriott, and at least $500 in assorted annual statement credits and so much more (enrollment required)
  • The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway

Cons

  • The $695 annual fee is only worth it if you’re taking full advantage of the card’s benefits. Seldom travelers may not get enough value to warrant the cost
  • Outside of the current welcome bonus, you’re only earning bonus rewards on specific airfare and hotel purchases, so it’s not a great card for other spending categories
  • The annual airline fee credit can be complicated to take advantage of compared to the broader travel credits offered by competing premium cards
  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
  • Plus, earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.
  • $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
  • American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. Enrollment required.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • $695 annual fee.
  • Terms Apply.
  • See Rates & Fees

Pros

  • The current welcome bonus on this card is quite lucrative. TPG values it at $2,000, not including any points you may earn from the temporary 10x bonus categories
  • This card comes with a long list of benefits, including access to Centurion Lounges, complimentary elite status with Hilton and Marriott, and at least $500 in assorted annual statement credits and so much more (enrollment required)
  • The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway

Cons

  • The $695 annual fee is only worth it if you’re taking full advantage of the card’s benefits. Seldom travelers may not get enough value to warrant the cost
  • Outside of the current welcome bonus, you’re only earning bonus rewards on specific airfare and hotel purchases, so it’s not a great card for other spending categories
  • The annual airline fee credit can be complicated to take advantage of compared to the broader travel credits offered by competing premium cards
  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
  • Plus, earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.
  • $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
  • American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. Enrollment required.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • $695 annual fee.
  • Terms Apply.
  • See Rates & Fees

Terms & restrictions apply.See rates & fees

Best for business travel booked with Amex Travel

1.5 - 5X points

  • 5X Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • 1.5X Earn 1.5X Membership Rewards® points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.

120,000 points

120,000 points

$595 (10/14-1/12/22)

670-850

Good, Excellent

670-850

Good, Excellent

Why we chose it

The Business Platinum Card from American Express is a great card for frequent travelers looking to add a touch of luxury to their business trips. While the card does come with a high annual fee, you’re also getting a ton of valuable benefits in return. They include generous annual travel credits, unparalleled lounge access that includes Amex Centurion Lounges and more.

Pros

  • Up to $100 credit for Global Entry or TSA PreCheck application fee every four to five years
  • Up to $400 annual credit for eligible U.S. Dell purchases (enrollment required)
  • Gold status at Marriott and Hilton hotels (enrollment required)
  • Access to the Fine Hotels & Resorts program and Hotel Collection
  • Extended warranty protection
  • International Airline Program and Cruise Privileges Program

Cons

  • Steep $595 annual fee
  • Difficulty meeting $15,000 welcome offer for smaller businesses
  • Limited high bonus categories outside of travel
  • Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
  • Plus, 0% Intro APR for 12 months from the date of the account opening on purchases eligible for Pay Over Time. After that, your APR will be 14.24% to 22.24% based on your credit worthiness and other factors as determined at the time of account opening.
  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • Earn 1.5X Membership Rewards® points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.
  • Unlock over $1,000 in value per year for statement credits on select purchases with your Card, including up to $400 with Dell Technologies, up to $360 with Indeed, up to $150 with Adobe and up to $120 on wireless telephone purchases. Enrollment required.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year toward baggage fees and more at one qualifying airline.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • Access to more than 1,300 airport lounges across 140 countries and counting with The American Express Global Lounge Collection®. More lounge options than any other credit card on the market as of 8/2020.
  • $595 Annual Fee ($695 if application is received on or after 01/13/2022).
  • Terms Apply.
  • See Rates & Fees

Pros

  • Up to $100 credit for Global Entry or TSA PreCheck application fee every four to five years
  • Up to $400 annual credit for eligible U.S. Dell purchases (enrollment required)
  • Gold status at Marriott and Hilton hotels (enrollment required)
  • Access to the Fine Hotels & Resorts program and Hotel Collection
  • Extended warranty protection
  • International Airline Program and Cruise Privileges Program

Cons

  • Steep $595 annual fee
  • Difficulty meeting $15,000 welcome offer for smaller businesses
  • Limited high bonus categories outside of travel
  • Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
  • Plus, 0% Intro APR for 12 months from the date of the account opening on purchases eligible for Pay Over Time. After that, your APR will be 14.24% to 22.24% based on your credit worthiness and other factors as determined at the time of account opening.
  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • Earn 1.5X Membership Rewards® points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.
  • Unlock over $1,000 in value per year for statement credits on select purchases with your Card, including up to $400 with Dell Technologies, up to $360 with Indeed, up to $150 with Adobe and up to $120 on wireless telephone purchases. Enrollment required.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year toward baggage fees and more at one qualifying airline.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • Access to more than 1,300 airport lounges across 140 countries and counting with The American Express Global Lounge Collection®. More lounge options than any other credit card on the market as of 8/2020.
  • $595 Annual Fee ($695 if application is received on or after 01/13/2022).
  • Terms Apply.
  • See Rates & Fees

Terms & restrictions apply.See rates & fees

1 - 3X points

  • 3X Earn 3X Miles on Delta purchases.
  • 1X Earn 1X Mile on all other eligible purchases.

50,000 miles

50,000 miles

670-850

Excellent/Good

670-850

Excellent/Good

Why we chose it

The Delta SkyMiles Reserve American Express Card is the premier choice for Delta loyalists who value an accelerated path to elite status, Delta SkyClubs lounge access, an annual companion certificate and strong earning rates on Delta purchases.

Pros

  • MQD waiver each year that you spend $25,000 on the card
  • $100 statement credit for Global Entry/TSA PreCheck
  • Delta SkyClub access when flying Delta

Cons

  • High annual fee of $550
  • Lower fee Delta cobranded cards offer superior earning categories
  • Earn 50,000 Bonus Miles and 10,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 in purchases on your new Card in your first 3 months.
  • Plus, earn up to $100 back in statement credits for eligible purchases at U.S. restaurants with your card within the first 3 months of membership.
  • Earn up to 60,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $30,000 in purchases on your Card in a calendar year, you can earn 15,000 MQMs four times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different than miles you earn toward flights.
  • Receive a Domestic First Class, Delta Comfort+® or Main Cabin round-trip companion certificate each year upon renewal of your Card. *Payment of the government-imposed taxes and fees of no more than $75 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Complimentary access into the Delta Sky Club® for you when travelling on a Delta flight.
  • Enjoy complimentary access to The Centurion® Lounge or Escape Lounge – The Centurion® Studio Partner when you book a Delta flight with your Reserve Card.
  • Fee Credit for Global Entry or TSA Pre✓®.
  • Enjoy your first checked bag free on Delta flights.
  • Earn 3X Miles on Delta purchases.
  • Earn 1X Mile on all other eligible purchases.
  • No Foreign Transaction Fees.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees

Pros

  • MQD waiver each year that you spend $25,000 on the card
  • $100 statement credit for Global Entry/TSA PreCheck
  • Delta SkyClub access when flying Delta

Cons

  • High annual fee of $550
  • Lower fee Delta cobranded cards offer superior earning categories
  • Earn 50,000 Bonus Miles and 10,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 in purchases on your new Card in your first 3 months.
  • Plus, earn up to $100 back in statement credits for eligible purchases at U.S. restaurants with your card within the first 3 months of membership.
  • Earn up to 60,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $30,000 in purchases on your Card in a calendar year, you can earn 15,000 MQMs four times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different than miles you earn toward flights.
  • Receive a Domestic First Class, Delta Comfort+® or Main Cabin round-trip companion certificate each year upon renewal of your Card. *Payment of the government-imposed taxes and fees of no more than $75 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Complimentary access into the Delta Sky Club® for you when travelling on a Delta flight.
  • Enjoy complimentary access to The Centurion® Lounge or Escape Lounge – The Centurion® Studio Partner when you book a Delta flight with your Reserve Card.
  • Fee Credit for Global Entry or TSA Pre✓®.
  • Enjoy your first checked bag free on Delta flights.
  • Earn 3X Miles on Delta purchases.
  • Earn 1X Mile on all other eligible purchases.
  • No Foreign Transaction Fees.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees

Best for Bank of America Preferred Rewards members

1.5 - 2X points

  • 2X Earn unlimited 2 points for every $1 spent on travel and dining purchases
  • 1.5X Unlimited 1.5 points per $1 spent on all other purchases

50,000 points

50,000 points

670-850

Excellent/Good

670-850

Excellent/Good

Why we chose it

The Bank of America Premium Rewards card is great for using the points earned for rewards that normal airline miles or credit card points can’t cover. Bank of America Preferred Rewards members get a 25%-75% rewards bonus on every purchase. New cardmembers earn a 50,000-point sign-up bonus after spending $3,000 in the first 90 days of account opening.

Pros

  • This card is more valuable for Bank of America Preferred Rewards members, who can get between a 25% and 75% bonus on points earned
  • Comes with up to $100 in airline incidental statement credits annually and up to $100 Global Entry/TSA Pre✓® statement credit and travel protections
  • Can transfer points earned into a 529 college fund

Cons

  • Other cards offer higher points for key bonus categories
  • Must open a Bank of America account to get the best value for points
Источник: https://thepointsguy.com/credit-cards/travel-insurance/
chase freedom credit card travel insurance benefits

2021 Comparison: The Chase Sapphire Preferred vs. the Chase Freedom Flex Credit Card

The Chase Sapphire Preferred® Card (Review) and the Chase Freedom Flex℠ (Review) are designed with two different kinds of spenders in mind.

The Sapphire Preferred targets customers who travel at least several times a year, while the Freedom Flex caters to customers who spend money on a wide variety of purchases. But your choice doesn’t have to be permanent. If you get the Freedom Flex, which has no annual fee, and decide the Sapphire Preferred might actually suit you better, you can upgrade to it, and vice versa.

However, these cards can work together to produce a higher return for your spending. So if you don’t feel like choosing, you could always grab both. But if you’re torn between which card would work best for you, I’m sure we can help with that decision.

Rewards
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Rewards
Spending Rewards
  • 5X Ultimate Rewards points per dollar:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
  • 3X Ultimate Rewards points per dollar:
    • Dining
    • Select streaming services
    • Online grocery purchases (excluding Target, Walmart, and wholesale clubs)
  • 2X Ultimate Rewards points per dollar for other Travel purchases
  • 1X Ultimate Rewards point per dollar on all other purchases
Introductory Bonus
  • 60,000 bonus points after spending $4,000 on purchases in the first 3 months

Bonus restrictions

You are ineligible for this bonus if you have a Sapphire card, or you’ve received a new cardmember bonus for any Sapphire card in the past 48 months.

Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APRN/A
  • Regular Balance Transfer Bank of america london swift code - 22.99% Variable
  • Balance Transfer FeeEither $5 or 5% of the amount of each transfer, whichever is greater
How to Transfer a Balance on a Credit Card
Fees
Rewards
  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 5% cash back on travel purchased through Chase Ultimate Rewards®, and 1% on all other purchases.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99% - 24.74%.
  • No annual fee
Rewards
Spending Rewards
  • 5% cash back on:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
    • Grocery store purchases (not including Target or Walmart) up to $12,000 spent in the first year
  • 5% cash back in rotating categories, up to $1,500 spent per quarter, then 1%
  • 3% cash back at:
  • 1% cash back on all other purchases
Introductory Bonus
  • $200 bonus for spending $500 in the first 3 months
Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APR0% for 15 months
  • Regular Balance Transfer APR14.99% - 24.74% Variable
  • Balance Transfer Cooke realty ocean isle beach nc $5 or 5% of the amount of each transfer, whichever is greater
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRUp to 29.99%
  • Late FeeSee Terms
  • Returned Payment FeeSee Terms
  • Additional Cards Annual FeeN/A
  • Foreign Transaction Fee3% of each transaction in U.S. dollars

The information related to Chase Freedom Flex℠ has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

What Are the Main Differences?

Chase Sapphire PreferredChase Freedom Flex
  • 5% cash back on:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
    • Grocery store purchases (not including Target or Walmart) up to $12,000 spent in the first year
  • 5% cash back in rotating categories, up to $1,500 spent per quarter, then 1%
  • 3% cash back at:
  • 1% cash back on all other purchases
  • $200 bonus for spending $500 in the first 3 months
  • 5% cash back on:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
    • Grocery store purchases (not including Target or Walmart) up to $12,000 spent in the first year
  • 5% cash back in rotating categories, up to $1,500 spent per quarter, then 1%
  • 3% cash back at:
  • 1% cash back on all other purchases
  • $200 bonus for spending $500 in the first 3 months
  • 25% point bonus for redeeming through Chase Ultimate Rewards, 1.25¢ per point; 1:1 transfer rate to Chase’s travel partners
  • Each point is worth 1¢; no transfer options
  • Better benefits for general spending

Keep in mind that because there’s no annual fee, you could always get the Freedom Flex first and then decide later on if you want to add the Sapphire Preferred to your wallet as well.

You could use the Freedom Flex for its considerable reward potential while making your decision. Should you decide you’d like to increase your rewards even further, you could then apply for the Sapphire Preferred, especially if you spend a lot of money on both dining and travel.

The Rewards

Chase Sapphire Preferred® Card

Spending Rewards
  • 5X Ultimate Rewards points per dollar:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
  • 3X Ultimate Rewards points per dollar:
    • Dining
    • Select streaming services
    • Online grocery purchases (excluding Target, Walmart, and wholesale clubs)
  • 2X Ultimate Rewards points per dollar for other Travel purchases
  • 1X Ultimate Rewards point per dollar on all other purchases
Introductory Bonus
  • 60,000 bonus points after spending $4,000 on purchases in the first 3 months

The Sapphire Preferred provides rewards for all of your needs while you’re away from home. You’ll earn on dining, Lyft rides, plane tickets, hotel stays, taxis, trains, and more. So if you often find yourself traveling, this card would suit you well.

After you’ve earned your points, you can redeem them through Chase Ultimate Rewards for a 25% bonus, something the Freedom Flex doesn’t offer.

The transfer options are another great aspect of the Sapphire Preferred. Points transfer in a 1:1 ratio, which is excellent considering some other major reward programs, like American Express Membership Rewards, the london west hollywood phone number skimp on the transfer rates. Your partner points could be worth much more than 1 cent, giving you access to more potential value from the card. It opens up plenty of other redemption options for your rewards.

The welcome bonus is also typically larger than the Freedom Flex’s.

Insider tip

If you have the Sapphire Preferred and you’re looking for an even more impressive travel card, you can upgrade to the Chase Sapphire Reserve® (Review). It has a higher annual fee, but it provides stronger perks like an annual travel credit, a bigger redemption bonus, and improved rewards.

Chase Freedom Flex℠

Spending Rewards
  • 5% cash back on:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
    • Grocery store purchases (not including Target or Walmart) up to $12,000 spent in the first year
  • 5% cash back in rotating categories, up to $1,500 spent per quarter, then 1%
  • 3% cash back at:
  • 1% cash back on all other purchases
Introductory Bonus
  • $200 bonus for spending $500 in the first 3 months

The Freedom Flex doesn’t share the Sapphire Preferred’s travel focus, and instead earns on a wide array of purchases. Despite not focusing on travel, it still earns 5% cash back for it as long as you book through Chase Ultimate Rewards.

While that’s more than what the Sapphire Preferred offers, you won’t receive a travel redemption bonus or gain access to any point transfer options. And the Sapphire Preferred earns on all travel, not just what you book through Chase Ultimate Rewards, giving you a lot more flexibility.

That being said, the Freedom Flex is more suited to the general spender. The potential rewards could very easily outweigh shop amazon smile Sapphire Preferred’s. There are several more rotating 5% reward categories to accompany the static categories, as well.

These rotating categories cover a lot of ground, with the 2020 categories including things like gym memberships, streaming services, Amazon purchases, and more. And despite the $1,500 spending limit, it’ll still yield plenty of cash back, so that doesn’t really take away from the Freedom Flex’s potential. Even with the limit, the categories push the reward potential of the Freedom Flex far past what the Sapphire Preferred can offer.

However, there is a way you could use both cards to increase your earnings even more. But we’ll get into that a bit later on.

Here are the quarterly 5% bonus categories for 2021, compared to what was offered in 2020:

Quarter2021 Categories2020 Categories
January – March
  • Wholesale Clubs
  • Internet
  • Cable/Phone Services
  • Select Streaming Services
  • Gas Stations
  • Select Streaming Services
  • Internet, Cable, Phone Services
April – June
  • Gas Stations
  • Home Improvement Stores
  • Grocery Stores
  • Fitness Club & Gym Memberships
  • Select Streaming Services
July – September
  • Grocery Stores (excluding Target and Walmart)
  • Select Streaming Services
  • Amazon
  • Whole Foods Market
October – December
Insider tip

If you have the old Chase Freedom® (Review), you can upgrade to the Freedom Flex for little hassle. However, in general it would be best to simply apply for the Freedom Flex without upgrading, so you can qualify for the welcome bonus.

And there’s one more card in the Chase Freedom family — the Chase Freedom Unlimited® (Review). It features the same static rewards as the Freedom Flex, but with no rotating categories. It also earns 1.5% cash back for non-category purchases.

Redeeming

Although each card earns Chase Ultimate Rewards chase freedom credit card travel insurance benefits, the redemption options are quite different.

The Freedom Flex only features basic redemption methods, like statement credits and gift cards, with no transfer options. Each point with the Freedom Flex will be worth 1 cent at the most. The Chase Sapphire Preferred has the Freedom Flex beat in this regard.

With the Sapphire Preferred you can transfer your points to net a higher cash back equivalent. If you can find a value of 2 cents or more, you’d get a cash back equivalent of at least 10% for Lyft rides, 6% for dining, and 4% for travel outside of Ultimate Rewards.

Or you could redeem your points for travel expenses through the Chase Ultimate Rewards travel portal for a 25% bonus. That’d make each point worth 1.25 cents.

The airline and hotel partners that you can transfer points to from the Chase Sapphire Preferred, all at a 1:1 rate, are:

Airline Travel Partners
Aer Lingus AerClubBritish Airways Executive ClubEmirates SkywardsFlying Blue AIR FRANCE KLMIberia Plus
JetBlue TrueBlueSingapore Airlines KrisFlyerSouthwest Airlines Rapid RewardsUnited MileagePlusVirgin Atlantic Flying Club
Hotel Travel Partners
IHG Rewards ClubMarriott BonvoyWorld of Hyatt

The Freedom Flex is cut off from those options and offers no redemption bonus. Instead, you can:

  • Redeem for statement credits
  • Redeem for gift cards
  • Redeem for travel through Chase Ultimate Rewards
  • Use your rewards for purchases
  • Transfer your rewards to another Chase card, as we explain in a following section

How Much Would You Earn?

One of the best ways to compare these cards is by looking at each one’s earning potential.

Here are some examples of annual spending, breaking down some of the more useful bonus categories for each card. Each point for the Sapphire Preferred is valued at 1–2 cents. The Freedom Flex’s rewards are just expressed as cash back.

For travel spending, we’reassuming you can book through Chase Ultimate Rewards with the Freedom Flex. If you can’t, you’ll earn less in rewards for this category. We’re also assuming quite a lot of travel spending; if you won’t spend as much on travel, your overall reward value will skew more towards the Freedom Flex.

Travel Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (2X points for travel booked directly)$7,00014,000 points$140–$280
Sapphire Preferred (5X points for travel booked through Ultimate Rewards)$7,00035,000 points$350–$700
Freedom Flex (5% cash back for travel booked through Ultimate Rewards)$7,000$350$350
Freedom Flex (1% cash back for travel booked directly)$7,000$70$70
Lyft Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (5X points)$2501,250 points$12.50–$25
Freedom Flex (5% cash back)$250$12.50$12.50
Dining Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (3X points)$1,0003,000 points$30–$60
Freedom Flex (3% cash back)$1,000$30$30
Drugstore Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (1X point)$300300 points$3–$6
Freedom Flex (3% cash back)$300$9$9

In addition to the categories above, with the Freedom Flex you’ll also gain a rotating selection of 5% categories, up to your first $1,500 spent per quarter, then you earn 1%. That means for three months you’ll earn 5% cash back on the following categories with the Freedom Flex, and then 1% for the remaining nine months. The rewards values are calculated with this in mind.

We’ll look at a few examples from the 2020 selection of categories:

Grocery Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (1X point)$4,0004,000 points$40–$80
Freedom Flex (5%/1% cash back)$4,000$80$80
Gas Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (1X point)$3,0003,000 points$30–$60
Freedom Flex (5%/1% cash back)$3,000$60$60
Streaming Service Rewards
CardAnnual SpendingRewardsValue
Sapphire Preferred (3X points)$300900 points$9–$18
Freedom Flex (5%/1% cash back)$300$6$6

Now let’s see the total rewards, side by side, after subtracting the Sapphire Preferred’s annual fee:

CardAnnual SpendingAnnual RewardsAnnual Rewards Value (Annual Fee Deducted)
Sapphire Preferred$15,85026,450–47,450 points$169.50–$854.00
Freedom Flex$15,850$267.50–$547.50$267.50–$547.50

As you can see, if you were to redeem your rewards through normal means with the Sapphire Preferred, they couldn’t hold a candle to the Freedom Flex’s cash back. But if you’ll make use of point transfers, and if you can book travel through Ultimate Rewards, the Sapphire Preferred would prove far more rewarding.

Keep in mind the value range for the Sapphire Preferred assumes you’re getting between 1 cent per point at the low end and 2 cents per point at the high end. And while 2 cents is a good number to aim for, you could find an even higher value which would increase your return.

If you weren’t able to book through Ultimate Rewards with either card, going from the examples above, your rewards would obviously be significantly lower.

But there is a way to use both cards to maximize your rewards. By getting both, you’d gain access to the Freedom Flex’s wide array of bonus categories and the Sapphire Preferred’s redemption and transfer options — a major win-win.

How Do the Benefits Compare?

While these two cards have the same issuer, they belong to different card networks.

The Sapphire Preferred is a Visa Signature, while the Freedom Flex is a World Elite Mastercard.

And because benefits are doled out by both the credit card issuer and the network, the Chase Freedom Flex and the Chase Sapphire Preferred share a few of their benefits but also have some discrepancies.

One of the larger discrepancies first bank in dillwyn va within their rental car insurance coverage. While both cards share this benefit, they come from different providers meaning the terms vary.

The coverage provided by the Chase Sapphire Preferred is primary, while the Freedom Flex provides secondary coverage to its cardmembers. That means if an accident happens the Sapphire Preferred would cover everything, without having to go through your own private insurance provider. Secondary coverage only kicks in after your own insurance has been exhausted.

The Sapphire Preferred also has some travel protections and perks that the Freedom Flex doesn’t. Cardholders will get the Luxury Hotel & Resort Collection, trip delay reimbursement, baggage delay reimbursement, and lost luggage reimbursement. So it’s safe to say the Sapphire Preferred is better suited for travelers. It also features a longer DoorDash membership (known as a DashPass).

The Freedom Flex, which is better suited for a general spender, features benefits like monthly Lyft credits, 5% cash back at Boxed Wholesale, and cell amazon promo code cyber monday 2019 protection.

You can see the complete list of benefits for each card below:

Chase Sapphire PreferredChase Freedom Flex
Year-long DoorDash membershipThree-month DoorDash membership
Chase OffersChase Offers
Shop through ChaseShop through Chase
$60 Peloton membership creditShopRunner membership
Chase Credit JourneyChase Credit Journey
Luxury Hotel & Resort CollectionBoxed Deals
Visa Signature ConciergeMastercard World Elite Concierge
Direct access to customer supportLyft Credits
Fandango discount
Trip Cancellation/Interruption InsuranceTrip Cancellation/Interruption Insurance
Primary Auto Rental Collision Damage WaiverSecondary Auto Rental Collision Damage Waiver
Travel and Emergency Assistance ServicesTravel and Emergency Assistance Services
Trip Delay ReimbursementCell Phone Protection
Baggage Delay Insurance
Lost Luggage Reimbursement
Purchase ProtectionPurchase Protection
Extended WarrantyExtended Warranty

How Do the Terms and Fees Compare?

CardPurchase APRBalance Transfer APRCash Advance APR
Chase Sapphire Preferred® Card15.99% - 22.99% Variable15.99% - 22.99% Variable24.99% Variable
Chase Freedom Flex℠14.99% - 24.74% Variable14.99% - 24.74% Variable24.99% Variable
CardAnnual FeeForeign Transaction Fee
Chase Sapphire Preferred® Card$95$0
Chase Freedom Flex℠$03% of each transaction in U.S. dollars
CardBalance Transfer FeeCash Advance Fee
Chase Sapphire Preferred® CardEither $5 or 5% of the amount of each transfer, whichever is greaterEither $10 or 5% of the amount of each transaction, whichever is greater
Chase Freedom Flex℠Either $5 or 5% of the amount of each transfer, whichever is greaterEither $10 or 5% of the amount of each transaction, whichever is greater
CardPenalty APRLate FeeReturned Payment Fee
Chase Sapphire Preferred® CardUp to 29.99%See TermsSee Terms
Chase Freedom Flex℠Up to 29.99%See TermsSee Terms

There are a few differences within the terms that you should be aware of. First off, the Freedom Flex features an intro 0% APR for purchases, meaning your new purchases won’t accrue interest for 15 months.

You can avoid interest with the Sapphire Preferred, too. It, like most cards including the Freedom Flex, has a grace period. So as long as you pay your statement balance in full each month, the purchases you made during the previous billing cycle won’t accrue interest.

Another other important difference here is in the annual fees. While the Freedom Flex doesn’t ask for one, the Sapphire Preferred costs $95 per year.

And because the Sapphire Preferred has a focus on travel, there’s no foreign transaction fee to worry about. The Freedom Flex does carry a foreign transaction fee, so if you’re traveling overseas, just be aware you’ll be charged for walmart return hours today near me purchase you make in foreign currency.

How Can I Get the Most Out of These Cards?

For those of you who don’t want to pick between the two, these cards actually work quite well together.

Use the Freedom Flex for everything it’ll earn more rewards on, and the Sapphire Preferred where it would be more lucrative.

If you end up raking in the rewards with the Freedom Flex, you can transfer the points to the Chase Sapphire Preferred. That way, you’d gain access to both the 1:1 transfer rate and the redemption bonus for travel that the Sapphire Preferred has.

By transferring your points from the Freedom Flex to the Sapphire Preferred, you’d get both an impressive array of bonus categories and the potential to increase the value of your points. Learn more about transferring Chase Ultimate Rewards points here.

If you earn 5% cash back with the Freedom Flex and then move the rewards to the Sapphire Preferred, you can then transfer the points to one of Chase’s travel partners. From there, you could find a per-point value of 2 cents or more. That would boost your cash back equivalent to 10% or more for the 5% categories, and 6% or more for the 3% categories.

The Verdict

Both the Chase Sapphire Preferred® Card (Review) and the Chase Freedom Flex℠ (Review) are excellent cards, but one might be better for you depending on your spending habits.

If you’re one for adventures, the Sapphire Preferred would suit you well. It was built with travelers in mind, so if you’re often on the move, it’d be a good choice.

The Freedom Flex is better for people who spend on a variety of different things. It’s kind of a jack-of-all-trades card, and does most of them very well. But if you were to book all of your traveling through Chase Ultimate Rewards, the Freedom Flex would also be a great choice for travelers.

You walmart gift card balance number always get the Freedom Flex first to take advantage of its strong rewards program because it doesn’t have to cost you anything at all, as long as you avoid interest and other fees. Use it while deciding if you’d like to add the Sapphire Preferred to your collection later on.

After the Sapphire Preferred’s annual fee is taken care of, from the calculations above the Chase Sapphire Preferred earns $169.50–$854.00 per year, based on $15,850 in annual spending. In comparison, the Freedom Flex earns $267.50–$547.50. The amounts you spend, the methods by which you book travel, and how you redeem points will determine which card is more profitable in your unique situation.

Because of these caveats, using both of these cards together would be the best option. It would both increase your reward potential and let you access the Sapphire Preferred’s redemption options, meaning you could get the best of both worlds.

Rewards
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Rewards
Spending Rewards
  • 5X Ultimate Rewards points per dollar:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
  • 3X Ultimate Rewards points per dollar:
    • Dining
    • Select streaming services
    • Online grocery purchases (excluding Target, Walmart, and wholesale clubs)
  • 2X Ultimate Rewards points per dollar for other Travel purchases
  • 1X Ultimate Rewards point per dollar on all other purchases
Introductory Bonus
  • 60,000 bonus points after spending $4,000 on purchases in the first 3 months

Bonus restrictions

You are ineligible for this bonus if you have a Sapphire card, or you’ve received a new cardmember bonus for any Sapphire card in the past 48 months.

Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APRN/A
  • Regular Balance Transfer APR15.99% - 22.99% Variable
  • Balance Transfer FeeEither $5 or 5% of the amount of each transfer, whichever is greater
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRUp to 29.99%
  • Late FeeSee Terms
  • Returned Payment FeeSee Terms
  • Additional Cards Annual FeeN/A
  • Foreign Transaction Fee$0
Rewards
  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 5% cash back whats the phone number for travel purchased through Chase Ultimate Rewards®, and 1% on all other purchases.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99% - 24.74%.
  • No annual fee
Rewards
Spending Rewards
  • 5% cash back on:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
    • Grocery store purchases (not including Target or Walmart) up to $12,000 spent in the first year
  • 5% cash back in rotating categories, up to $1,500 spent per quarter, then 1%
  • 3% cash back at:
  • 1% cash back on all other purchases
Introductory Bonus
  • $200 bonus for spending $500 in the first 3 months
Balance transfers
Источник: https://www.creditcardinsider.com/blog/2021-comparison-the-chase-sapphire-preferred-vs-the-chase-freedom-flex-credit-card/

The 11 best perks that come with a Chase Sapphire Preferred Card

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners.

The Chase Sapphire Preferred® Card is a popular travel rewards card that comes with lots of perks without a huge annual fee. And right now, new cardholders can earn a 60,000-point welcome bonus when they spend $4,000 in the first three months of card membership.

With a 1:1 redemption rate (1 cent per point), the 60,000 Chase Rewards points are equal to $600 cash back — but you can get even more out of the bonus depending on how you redeem the rewards. (Business class flight to Europe, anyone?)

While this may be all the incentive you need to sign up, the Sapphire Preferred offers a whole slew of additional perks that make this card worth the $95 annual fee. There's a reason why it's one of our top-rated travel credit cards and best credit cards with annual fees under $100.

On top of its generous sign-up bonus and rewards program that offers 5X points on Lyft rides through March 2022, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, the Sapphire Preferred also offers some less obvious benefits that you may not know about.

Chase Sapphire Preferred® Card

  • Rewards

    $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining, 2X points on all other travel purchases, 5X points on Lyft rides through March 2022, and 1X points on all other purchases

  • Welcome bonus

    Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening

  • Annual fee

    $95

  • Intro APR

    None

  • Regular APR

    15.99% to 22.99% variable on purchases and balance transfers

  • Balance transfer fee

    Either $5 or 5% of the amount of each transfer, whichever is greater

  • Foreign transaction fee

    None

  • Credit needed

    Excellent/Good

Terms apply.

Here are the perks you'll definitely want to take advantage of when you sign up for the Chase Sapphire Preferred Card:

1. Points are worth 25% more with the Chase Ultimate Rewards portal and the Pay Yourself Back tool

Your Chase Rewards Points are worth a whole lot more when you have a Sapphire Preferred card.

When you redeem points for travel through Chase Ultimate Rewards® travel portal, points are worth 25% more. This means that those 60,000 points you earned from the welcome bonus can be worth up to $750 when you spend them on hotel stays, airfare, rental cars, cruises and more.

Points are also worth 25% more when you use the Chase Pay Yourself Back tool, which allows you to redeem rewards points to cover eligible purchases. So your 60,000 points from the welcome bonus can cover up to $750 of eligible purchases.

2. Transfer points from other Chase cards to increase their value

If you have another Chase credit card that also earns Ultimate Rewards®, such as the Chase Freedom Flex℠ or the Chase Freedom Unlimited®, you can transfer your points to your Sapphire Preferred card so you can get more value from your points.

You earn a higher redemption rate from your points with the Sapphire Preferred than with the Freedom cash-back cards (1.25:1 compared to 1:1), so transferring from one card to another is a smart and easy way to optimize your redemptions.

3. Transfer points to Chase's travel partners

Sapphire Preferred cardholders can transfer their points to one of Chase's 13 airline or hotel partners at a 1:1 ratio. These partners include United, Southwest, British Airways, JetBlue, Emirates, Marriott and Hyatt.

Redeeming points through a Chase travel partner can be a very good deal. For example, you can book luxurious hotels, like the Park Hyatt Maldives or Park Hyatt Sydney, for as little as 25,000 points a night. These hotels can often cost more than $1,000 a night.

4. Complimentary 1-year DoorDash DashPass membership

Sapphire Preferred cardholders get unlimited food deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service (valued at more than $100).

DoorDash claims that DashPass members save an average of $5 per order compared to non-subscribers. Depending on how often you order takeout, that can add to a big annual savings.

You must activate your DashPass membership by Dec. 31, 2021.

5. Cash back on Peloton membership

Sign up for an eligible Peloton digital ($12.99 per month) or all-access membership ($39.99 per month) through Dec. 31, 2021, and get up to $60 back. Peloton's workout library includes everything from cardio and running, to strength training, yoga and more.

Through March 2022, Sapphire Preferred members also earn 5X total points on each Peloton Bike, Tread and accessory purchase over $1,800, with a maximum earn of 25,000 points.

6. Chase shopping benefits

Cardholders get access to exclusive shopping discounts at select retailers via Chase Offers. These offers typically give you a set dollar amount of cash back as a statement credit, applied to your account within 14 business days.

Be sure to check out the Chase online shopping portal to earn extra points on purchases you make using your Sapphire Preferred through a special link the portal provides.

7. Purchase protection and extended warranty protection

The purchases you make with your Sapphire Preferred are eligible for purchase protection and extended warranty protection in case something goes wrong. Purchase protection covers your new purchases for 120 days against damage or theft, up to $500 per claim and $50,000 per account. The extended warranty protection tacks on an additional year for eligible warranties of three years or less.

8. Trip cancellation and interruption insurance

For any trip that gets canceled or cut short by sickness, severe weather and other covered situations, requirements for opening a bank account with bank of america can be reimbursed up to $10,000 per person and $20,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours and hotels. (You must book the travel on your Sapphire Preferred card to qualify for this insurance.)

9. Auto rental collision damage waiver

You should decline the rental company's collision insurance and charge the entire rental cost to your Sapphire Preferred, in order to receive primary coverage and reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

10. Baggage-delay insurance and trip-delay reimbursement

Lost luggage and trip delays are par for the course when traveling these days. Your Sapphire Preferred card relieves some of the cost that comes with these hassles with the baggage-delay insurance and trip-delay reimbursement.

Cardholders can get reimbursed for essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier, up to $100 a day for 5 days. And if you're delayed more than 12 hours or require an overnight stay, you and your family are covered for unreimbursed expenses, such as meals and lodging, up to $500 per ticket.

11. Travel support and no foreign transaction fees

While traveling, you can always call the Chase Benefit Administrator for travel and emergency assistance, legal and medical referrals. Also, take advantage of the card's $50 annual Ultimate Rewards Hotel Credit to make your next trip more affordable.

Plus, benefit from no what region is monkey app available in transaction fees on purchases made outside the U.S., which saves you the typical 3% fee other cards may charge.

Bottom line

Taking advantage of the Sapphire Preferred's generous welcome bonus is a no-brainer, but the additional perks — from travel insurance to shopping benefits — makes this card an essential for anyone who loves to travel, shop and dine out.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.
Источник: https://www.cnbc.com/select/chase-sapphire-preferred-credit-card-perks-benefits/

Best Credit Cards For Travel Insurance Benefits Of November 2021

Best Overall

Chase Sapphire Reserve®

Up to 10X Reward Rate

5X total points on air travel and 10X total points on hotels and car rentals when you purchase travel throughRead More

Welcome Bonus

50,000 points

Regular APR

16.99%-23.99% Variable

Credit Score

Excellent (750 - 850)

Why We Picked It

This card offers superior points earning rates if you spend frequently on travel and dining out. The $300 travel credit justifies much of the annual fee, and redeeming points for travel on Chase Ultimate Rewards or when using the Pay Yourself Back feature nets you a 50% bonus.

Pros & Cons

  • $300 annual travel credit is incredibly flexible
  • Generous welcome bonus
  • Get 50% more value when you redeem points for travel through Chase, or for select purchases through Pay Yourself Back℠  program
  • Points transfer to https www walmart com credit card login airline and hotel partners
  • High annual fee
  • High variable APR on purchases
  • Excellent credit recommended

Card Details

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Through December 31, 2021, gas station & grocery store purchases will also count towards earning your Travel Credit
  • Earn 5X total points on air travel and 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3X points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • With Pay Yourself Back℠, your points are worth 50% more during the current offer when chase freedom credit card travel insurance benefits redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

Best Value

Chase Sapphire Preferred® Card

Up to 5X Reward Rate

Earn 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all otherRead More

Welcome Bonus

60,000 points

Regular APR

15.99%-22.99% Variable

Credit Score

Excellent/Good (700 - 749)

Why We Picked It

Offering a rare mix of high rewards rates and redemption flexibility, this card is a dream for frequent spenders on travel & dining - while charging a modest annual fee.

Pros & Cons

  • Earn high rewards on several areas of spending
  • Transfer points to travel partners at 1:1 rate
  • Many travel and shopping protections
  • Annual fee
  • No intro APR offer
  • Best travel rewards are only for bookings through Chase

Card Details

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash’s subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is bank of oklahoma hours near me Best for Bank of America Customers

    Bank of America® Premium Rewards® credit card

    Apply Now

    On Bank of America - Consumer's Secure Website

Apply Now

On Bank of America - Consumer's Secure Website

Up to 2X Reward Rate

Earn unlimited 2 points for every $1 you spend on travel and dining purchases. Earn 1.5 points for every $1Read More

Welcome Bonus

50,000 points

Regular APR

15.99% - 22.99% Variable APR on purchases and balance transfers

Credit Score

Excellent/Good (700 - 749)

Why We Picked It

Spending on travel and dining earns you 2 points per dollar, and the card comes with a nice suite of travel perks. Preferred Rewards clients score an extra 25%-75% cash back bonus.

Pros & Cons

  • No foreign transaction fee
  • TSA Precheck credit
  • Visa Signature Concierge benefit
  • Flexible reward redemption options
  • High penalty APR
  • High balance transfer fee
  • High standard APR and cash advance APR
  • No airport lounge perks

Card Details

  • Receive 50,000 online bonus points – a $500 value – after you make at least $3,000 in purchases in the first 90 days of account opening
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
  • If you’re a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase. That means you could earn up to 3.5 points for every $1 spent on travel and dining purchases.
  • No limit to the points you can earn and your points don’t expire
  • Redeem for cash back as a statement credit, deposit what is the capital of france in french eligible Bank of America® accounts, credit american express high yield savings referral eligible Merrill® accounts, or gift cards or purchases at the Bank of America Travel Center
  • Get up to $100 in Airline Incidental Statement Credits annually and TSA Pre✓®/Global Entry Statement Credits of up to $100, every four years
  • No Foreign Transaction Fees
  • Low $95 annual fee
  • This online only offer east boston savings bank orient heights not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Best for Earning American Express Membership Rewards

The Platinum Card® from American Express

Apply Now

On American Express's Secure Website

Apply Now

On American Express's Secure Website

5X Reward Rate

Earn 5 Membership Rewards points per dollar on chase freedom credit card travel insurance benefits hotels booked with American Express Travel; earn 5 Membership Rewards perRead More

Welcome Bonus

100,000 Membership Rewards® Points

Regular APR

See Pay Over Time APR

Credit Score

Excellent/Good (700 - 749)

Why We Picked It

The Platinum Card is destined for frequent travelers who intend to fully leverage the rich set of luxury travel benefits and Platinum Concierge service. In the right hands, the classic status card's staggering annual fee is well justified.

Pros & Cons

  • High reward potential on flights and hotels booked through American Express Travel
  • Multiple credits can help justify the fee
  • Comprehensive airport lounge access
  • Luxury travel benefits and elite status with Hilton and Marriott with enrollment
  • High annual fee
  • Maximizing the statement credits takes some work and could be unworkable for many
  • Reward rate outside of travel is sub-par for a premium card

Card Details

  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
  • Plus, earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.
  • $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
  • American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. Enrollment required.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • $695 annual fee.
  • Terms Apply.
  • See Rates & Fees

Best Hotel Card Option

Hilton Honors Aspire Card from American Express *

Up to 14X Reward Rate

Earn 14X Hilton Honors Bonus Points on eligible purchases at participating hotels or resorts within the Hilton portfolio; Earn 7XRead More

Welcome Bonus

150,000 points

Regular APR

15.74% - 24.74% variable

Credit Score

Good/Excellent (700 - 749)

Why We Picked It

The flagship card from Hilton, the Hilton Honors Aspire Card from American Express comes with a price tag to boa bank statement zip code its top-tier status and perks. It's a perfect fit for big spenders who haunt Hilton properties enough to leverage the rich suite of benefits that come with the complimentary Diamond status.

Pros & Cons

  • Complimentary Priority Pass Select membership with enrollment
  • Up to $600 in statement credits
  • Instant Hilton Diamond status with rich set of benefits
  • High annual fee with no first-year waiver
  • High regular APR and penalty APR
  • No intro APR offer
  • Points have a lower value than most rewards programs

Card Details

  • Earn 150,000 Hilton Honors Bonus Points after you spend $4,000 in purchases on the Card within your first 3 months of Card Membership
  • Earn 14X Hilton Honors Bonus Points when you make eligible purchases on your Card at participating hotels or resorts within the Hilton Portfolio
  • Earn 7X Hilton Honors Bonus Points on eligible purchases on your Card for: Flights booked directly with airlines or amextravel.com, Car rentals booked directly from select car rental companies and U.S. restaurants
  • Earn 3X Hilton Honors Bonus Points on all other eligible purchases
  • $250 Hilton Resort Credit: With your Hilton Honors American Express Aspire Card, enjoy up to $250 in statement credits each year of Card Membership for eligible purchases at participating Hilton Resorts
  • Hilton Honors Diamond Status. With your Hilton Honors Aspire Card, you can enjoy complimentary Diamond status which includes even more perks from Hilton, such as 100% extra Bonus Points on all Base Points you earn, room upgrades, and more
  • Weekend Night Reward. Enjoy night one weekend reward with your new Hilton Honors American Express Aspire Card and every year after renewal. Plus, earn an additional night after you spend $60,000 on purchases on your Card in a calendar year
  • $100 Hilton On-Property Credit
  • Shop With More Confidence. Return Protection.If you try to return an eligible item within 90 days from the date of purchase and the merchant won’t take it back, American Express may refund the full purchase price excluding shipping and handling, up to $300 per item, up to a maximum of $1,000 per calendar year per Card account, if you purchased it entirely with your eligible American Express® Card. Purchases must be made in the U.S. or its territories.
  • Concierge. Let us take care of it. Concierge is a complimentary service, available day or night. Whether you need expert advice to make arrangements and reservations for a special anniversary dinner, tickets for a Broadway show, or the perfect gift, you can rely on Concierge to help take care of your requests, large and small.
  • Priority Pass™ Select. Relax with unlimited lounge visits for you and up to 2 guests per visit once enrolled in complimentary Priority Pass™ Select membership, which offers access to over 1,000 airport lounges around the world
  • $250 Airline Fee Credit.With the Hilton Honors Aspire Card you can also take advantage of the $250 Airline Fee Credit for incidental charges that are charged by the airline to your Card account.
  • Car Rental Loss and Damage Insurance
  • Premium Bank of america 1 800 number Assist® Hotline. You can rely on 24-7 medical, legal, financial, and other select emergency coordination and assistance services while traveling more than 100 miles from home. Premium Global Assist® Hotline
  • Baggage Insurance Plan.Coverage can be in effect for Eligible Persons for eligible lost, damaged, or stolen baggage during their travel on a Common Carrier (e.g. plane, train, ship, or bus) when the entire fare for a ticket for the trip (one-way or round-trip) is charged to an eligible Card Account. Coverage can be provided for up to $1,250 for carry-on baggage and up to $500 for checked baggage, in excess of coverage provided by the Common Carrier (e.g. plane, train, ship, or bus). For New York State residents, there is a $10,000 aggregate maximum limit for all Covered Persons per Covered Trip. Please read important exclusions and restrictions.

Best for Frequent Delta Flyers

Delta SkyMiles® Reserve American Express Card

Apply Now

On American Express's Secure Website

Apply Now

On American Express's Secure Website

Up to 3X Reward Rate

Earn 3X Miles on Delta flights and Delta Vacations®; Earn 1 mile per dollar for all other eligible purchases youRead More

Welcome Bonus

50,000 Miles

Regular APR

15.74%-24.74% Variable

Credit Score

Excellent/Good (700 - 749)

Why We Picked It

It makes sense for Delta high-fliers to grab the top-of-the-line Delta SkyMiles® Reserve American Express Card. The access to Sky Club alone helps justify the annual fee for frequent Delta flyers, then add in the annual companion certificate for eligible domestic flights (plus taxes and fees), free first checked bag when you fly Delta, priority boarding, and bonus MQM miles toward Elite status. Chase freedom credit card travel insurance benefits, the mediocre miles earning rates reduce the card's overall appeal.

Pros & Cons

  • Rich Delta perks, including a free first checked bag and priority boarding on Delta flights
  • Access to Delta Sky Club airport lounges when flying Delta
  • Annual companion certificate good for both economy and first class
  • High regular APR
  • Mediocre earning rates on rewards
  • Companion Certificate only valid on domestic flights
  • Sky Club access is only for one person

Card Details

  • Earn 50,000 Bonus Miles and 10,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 in purchases on your new Card in your first 3 months.
  • Plus, earn up to $100 back in statement credits for eligible purchases at U.S. restaurants with your card within the first 3 months of membership.
  • Earn up to 60,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $30,000 in purchases on your Card in a calendar year, you can earn 15,000 MQMs four times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different than miles you earn toward flights.
  • Receive a Domestic First Class, Delta Comfort+® or Main Cabin round-trip companion certificate each year upon renewal of your Card. *Payment of the government-imposed taxes and fees of no more than $75 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Complimentary access into the Delta Sky Club® for you when travelling on a Delta flight.
  • Enjoy complimentary access to The Centurion® Lounge or Escape Lounge – The Centurion® Studio Partner chase freedom credit card travel insurance benefits you book a Delta flight with your Reserve Card.
  • Fee Credit for Global Entry or TSA Pre✓®.
  • Enjoy your first checked bag free on Delta flights.
  • Earn 3X Miles on Delta purchases.
  • Earn 1X Mile on all other eligible purchases.
  • No Foreign Transaction Fees.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees

Methodology

Not all credit cards that offer travel insurance are equal, which is why Forbes Advisor took the time to compare offerings from each card as well as policy limits and included features. For the purpose of this ranking, we looked for cards that offer important travel insurance benefits like trip cancellation and interruption coverage, lost luggage reimbursement, emergency evacuation coverage and travel accident insurance.

We also looked for coverage that can help you avoid unnecessary expenses in the event of a travel delay, such as trip delay coverage and baggage delay insurance.

Credit cards within our ranking that charge an annual fee offer rewards and cardholder perks that are commensurate with the annual cost. We also compared credit card products based on their rewards programs and the initial bonus you can earn the first year.


Best Credit Cards for Travel Insurance of 2021

Источник: https://www.forbes.com/advisor/credit-cards/best/travel-insurance-benefits/

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Источник: https://www.investopedia.com/chase-freedom-flex-review-5078011

The best travel credit cards of 2021


Caroline Lupini, Sarah Hagman 

This page is a marketplace where our partners can highlight their current card offers. The reviews and insights represented are editorial, but the order in which cards appear on the page may be influenced by compensation we may receive from our partners.

Travel insurance can save you a lot of money if something goes wrong on a trip. Luckily, some of the top travel rewards cards offer travel insurance when you pay for travel with your card. See the best credit cards for travel insurance from our partners below.

1 - 10X points

  • 10X Earn 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards®.
  • 5X Earn 5X total points on air travel through Chase Ultimate Rewards®.
  • 3X Earn 3X points on other travel and dining.
  • 1X Earn 1 point per $1 spent on all other purchases

50,000 points

50,000 points

740-850

Excellent

740-850

Excellent

Why we chose it

The Chase Sapphire Reserve is one of our top premium travel cards. With a $300 travel credit, generous 3x on dining and travel purchases and other benefits, you can get excellent value that far exceeds the annual fee on the card.

Pros

  • $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year
  • Access to Chase Ultimate Rewards transfer partners: 10 airline and three hotel programs
  • Unlimited 3x on the broad category of travel and dining
  • 50% more value when you redeem your points for travel directly through Chase Ultimate Reward

Cons

  • Steep initial $550 annual fee
  • May not make sense for people that don't travel frequently
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Through December 31, 2021, gas station & grocery store purchases will also count towards earning your Travel Credit
  • Earn 5X total points on air travel and 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3X points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

Pros

  • $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year
  • Access to Chase Ultimate Rewards transfer partners: 10 airline and three hotel programs
  • Unlimited 3x on the broad category of travel and dining
  • 50% more value when you redeem your points for travel directly through Chase Ultimate Reward

Cons

  • Steep initial $550 annual fee
  • May not make sense for people that don't travel frequently
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Through December 31, 2021, gas station & grocery store purchases will also count towards earning your Travel Credit
  • Earn 5X total points on air travel and 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3X points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

Best sub-$100 annual fee card

2 - 5X points

  • 5X Earn 5X points on travel purchased through Chase Ultimate Rewards®.
  • 3X Earn sign up for t mobile online points on dining.
  • 2X Earn 2X points on all other travel purchases, plus more.

60,000 points

60,000 points

670-850

Excellent/Good

670-850

Excellent/Good

Why we chose it

The Chase Sapphire Preferred® Card is one of the most popular travel rewards credit card on the market. Offering an excellent return on travel and dining purchases, the card packs a ton of value that easily offsets its $95 annual fee. Cardholders can redeem points at 1.25 cents each boa credit card auto payment travel booked through Chase or transfer points to one of Chase’s 14 valuable airline and hotel partners.

Pros

  • You’ll earn 2x Ultimate Rewards points on travel and 3x Ultimate Rewards points dining including eligible delivery services and takeout.
  • The current welcome bonus on this card is quite generous. TPG values it at $1,200.
  • Premium travel protection benefits including trip cancellation insurance, primary car rental insurance and lost luggage insurance.

Cons

  • The card comes with a $95 annual fee.
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

Pros

  • 1st federal savings bank You’ll earn 2x Ultimate Rewards points on travel and 3x Ultimate Rewards points dining including eligible delivery services and takeout.
  • The current welcome bonus on this card is quite generous. TPG values it at $1,200.
  • Premium travel protection benefits including trip cancellation insurance, primary car rental insurance and lost luggage insurance.

Cons

  • The card comes with a $95 annual fee.
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

1 - 3X points

  • 3X Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • 1X Earn 1 point per $1 on all other purchases – with no limit to the amount you can earn

100,000 points

100,000 points

670-850

Good, Excellent

670-850

Good, Excellent

Why we chose it

The Ink Business Preferred Credit Card’s sign-up bonus is among the highest fort financial credit union routing number seen from Chase. Plus earn points across the four bonus categories (travel, shipping, advertising and telecommunication providers) that are most popular with businesses. The card comes with travel protections, shopping protections and will also have primary coverage when renting a car for business purposes for you and your employees.

Pros

  • One of the highest sign-up bonuses we’ve seen — 100,000 bonus points after $15,000 worth of spend in the first three months after card opening
  • Access to the Chase Ultimate Rewards portal for points redemption
  • Reasonable $95 annual fee
  • Bonus categories that are most relevant to business owners: primary car insurance, and perks including cellphone and purchase protection, extended warranty, trip cancellation/interruption insurance, and trip delay reimbursement;

Cons

  • High spending needed to get 100,000-point sign-up bonus
  • No travel perks
  • Subject to Chase's 5/24 rule on card applications
  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for make a td bank account charges made with your card or account information
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.

Pros

  • One of the highest sign-up bonuses we’ve seen — 100,000 bonus points after $15,000 worth of spend in the first three months after card opening
  • Access to the Chase Ultimate Rewards portal for points redemption
  • Reasonable $95 annual fee
  • Bonus categories that are most relevant to business owners: primary car insurance, and perks including cellphone and purchase protection, extended warranty, trip cancellation/interruption insurance, and trip delay reimbursement;

Cons

  • High spending needed to get 100,000-point sign-up bonus
  • No travel perks
  • Subject to Chase's 5/24 rule on card applications
  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.

Terms & restrictions apply.See rates & fees

Best for flights booked directly with airlines or with Amex Travel

5 - 10X points

  • 10X Earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • 5X Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year.
  • 5X Earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.

100,000 points

100,000 points

670-850

Excellent/Good

670-850

Excellent/Good

Why we chose it

The Amex Platinum is unmatched when it comes to travel perks and benefits. If lounge access, hotel elite status and annual statement credits are important to you, this card is well worth the high annual fee.

Pros

  • The current welcome bonus on this card is quite lucrative. TPG values it at $2,000, not including any points you may earn from the temporary 10x bonus categories
  • This card comes with a long list of 53 biller direct express hhwmwpremium, including access to Centurion Lounges, complimentary elite status with Hilton and Triwest provider phone number, and at least $500 in assorted annual statement credits and so much more (enrollment required)
  • The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway

Cons

  • The $695 annual fee is only worth it if you’re taking full advantage of the card’s benefits. Seldom travelers may not get enough value to warrant the cost
  • Outside of the current welcome bonus, you’re only earning bonus rewards on specific airfare and hotel purchases, so it’s not a great card for other spending categories
  • The annual airline fee credit can be complicated to take advantage of compared to the broader travel credits offered by competing premium cards
  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
  • Plus, earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.
  • $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a chase freedom credit card travel insurance benefits credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
  • American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. Enrollment required.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • $695 annual fee.
  • Terms Apply.
  • See Rates & Fees

Pros

  • The current welcome bonus on this card is quite lucrative. TPG values it at $2,000, not including any points you may earn from the temporary 10x bonus categories
  • This card comes with a long list of benefits, including access to Centurion Lounges, complimentary elite status with Hilton and Marriott, and at least $500 in assorted annual statement credits and so much more (enrollment required)
  • The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway

Cons

  • The $695 annual fee is only worth it if you’re taking full advantage of the card’s benefits. Seldom travelers may not get enough value to warrant the cost
  • Outside of the current welcome bonus, you’re only earning bonus rewards on specific airfare and hotel purchases, so it’s not a great card for other spending categories
  • The annual airline fee credit can be complicated to take advantage of compared to the broader travel credits offered by competing premium cards
  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
  • Plus, earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.
  • $240 Digital Entertainment Credit: Get up to $20 in statement credits chase freedom credit card travel insurance benefits month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
  • American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. Enrollment required.
  • $179 CLEAR® Credit: Use your Card and pizza fulton ny up to $179 back per year on your CLEAR® membership.
  • $695 annual fee.
  • Terms Apply.
  • See Rates & Fees

Terms & restrictions apply.See rates & fees

Best for business travel booked with Amex Travel

1.5 - 5X points

  • 5X Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • 1.5X Earn 1.5X Membership Rewards® points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.

120,000 points

120,000 points

$595 (10/14-1/12/22)

670-850

Good, Excellent

670-850

Good, Excellent

Why we chose it

The Business Platinum Card from American Express is a great card for frequent travelers looking to add a touch of luxury to their business trips. While the card does come with a high annual fee, you’re also getting a ton of valuable benefits in return. They include generous annual travel credits, independent bank colorado springs login lounge access that includes Amex Centurion Lounges and more.

Pros

  • Up to $100 credit for Global Entry or TSA PreCheck application fee every four to five years
  • Up to $400 annual credit for eligible U.S. Dell purchases (enrollment required)
  • community ricksteves com Gold status at Marriott and Hilton hotels (enrollment required)
  • Access to the Fine Hotels & Resorts program and Hotel Collection
  • Extended warranty protection
  • International Airline Program and Cruise Privileges Program

Cons

  • Steep $595 annual fee
  • Difficulty meeting $15,000 welcome offer for smaller businesses
  • Limited high bonus categories outside of travel
  • Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
  • Plus, 0% Intro APR for 12 months from the date of the account opening on purchases eligible for Pay Over Time. After that, your APR will be 14.24% to 22.24% based on your credit worthiness and other factors as determined at the time of account opening.
  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • Earn 1.5X Membership Rewards® points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.
  • capital one platinum mastercard guide to benefits Unlock over $1,000 in value per year for statement credits on select purchases with your Card, including up to $400 with Dell Technologies, up to $360 with Indeed, up to $150 with Adobe and up to $120 on wireless telephone purchases. Enrollment required.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year toward baggage fees and more at one qualifying airline.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • Access to more than 1,300 airport lounges across 140 countries and counting with The American Express Global Lounge Collection®. More lounge options than any other credit card on the market as of 8/2020.
  • $595 Annual Fee ($695 if application is received on or after 01/13/2022).
  • Terms Apply.
  • See Rates & Fees

Pros

  • Up to $100 credit for Global Entry or TSA PreCheck application fee every four to five years
  • Up to $400 annual credit for eligible U.S. Dell purchases (enrollment required)
  • Gold status at Marriott and Hilton hotels (enrollment required)
  • Access to the Fine Hotels & Resorts program and Hotel Collection
  • Extended warranty protection
  • International Airline Program and Cruise Privileges Program

Cons

  • Steep $595 annual fee
  • Difficulty meeting $15,000 welcome offer for smaller businesses
  • Limited high bonus categories outside of travel
  • Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
  • Plus, 0% Intro APR for 12 months from the date of the account opening on purchases eligible for Pay Over Time. After that, your APR will be 14.24% to 22.24% based on your credit worthiness and other factors as determined at the time of account opening.
  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • Earn 1.5X Membership Rewards® points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.
  • Unlock over $1,000 in value per year for statement credits on select purchases with your Card, including up to $400 with Dell Technologies, up to $360 with Indeed, up to $150 with Adobe and up to $120 on wireless telephone purchases. Enrollment required.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year toward baggage fees and more at one qualifying airline.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • Access to more than 1,300 airport lounges across 140 countries and counting with The American Express Global Lounge Collection®. More lounge options than any other credit card on the market as of 8/2020.
  • $595 Annual Fee ($695 if application is received on or after 01/13/2022).
  • Terms Apply.
  • See Rates & Fees

Terms & restrictions apply.See rates & fees

1 - 3X points

50,000 miles

50,000 miles

670-850

Excellent/Good

670-850

Excellent/Good

Why we chose it

The Delta SkyMiles Reserve American Express Card is the premier choice for Chase freedom credit card travel insurance benefits loyalists who value an accelerated path to elite status, Delta SkyClubs lounge access, an annual companion certificate and strong earning rates on Delta purchases.

Pros

  • MQD waiver each year that you spend $25,000 on the card
  • $100 statement credit for Global Entry/TSA PreCheck
  • Delta SkyClub access when flying Delta

Cons

  • High annual fee of $550
  • Lower fee Delta cobranded cards offer superior earning categories
  • Earn 50,000 Bonus Miles and 10,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 in purchases on your new Card in your first 3 months.
  • Plus, earn up to $100 back in statement credits for eligible purchases at U.S. restaurants with your card within the first 3 months of membership.
  • Earn up to 60,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $30,000 in purchases on your Card in a calendar year, you can earn 15,000 MQMs four times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different than miles you earn toward flights.
  • Receive a Domestic First Class, Delta Comfort+® or Main Cabin round-trip companion certificate each year upon renewal of your Card. *Payment of the government-imposed taxes and fees of no more than $75 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Complimentary access into the Delta Sky Club® for you when travelling on a Delta flight.
  • Enjoy complimentary access to The Centurion® Lounge or Escape Lounge – The Centurion® Studio Partner when you book a Delta flight with your Reserve Card.
  • Fee Credit for Global Entry or TSA Pre✓®.
  • Enjoy your first checked bag free on Delta flights.
  • Earn 3X Miles on Delta purchases.
  • Earn 1X Mile on all other eligible purchases.
  • No Foreign Transaction Fees.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees

Pros

  • MQD waiver each year that you spend $25,000 on the card
  • $100 statement credit for Global Entry/TSA PreCheck
  • Delta SkyClub access when flying Delta

Cons

  • High annual fee of $550
  • Lower fee Delta cobranded cards offer superior earning categories
  • Earn 50,000 Bonus Miles and 10,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 in purchases on your new Card in your first 3 months.
  • Plus, earn up to $100 back in statement credits for eligible purchases at U.S. restaurants with your card within the first 3 months of membership.
  • Earn up to 60,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $30,000 in purchases on your Card in a calendar year, you can earn 15,000 MQMs four times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different than miles you earn toward flights.
  • Receive a Domestic First Class, Delta Comfort+® or Main Cabin round-trip companion certificate each year upon renewal of your Card. *Payment of the government-imposed taxes and fees of no more than $75 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Complimentary access into the Delta Sky Club® for you when travelling on a Delta flight.
  • Enjoy complimentary access to The Centurion® Lounge or Escape Lounge – The Centurion® Studio Partner when you book a Delta flight with your Reserve Card.
  • Fee Credit for Global Entry or TSA Pre✓®.
  • Enjoy your first checked bag free on Delta flights.
  • Earn 3X Miles on Delta purchases.
  • Earn 1X Mile on all other eligible purchases.
  • No Foreign Transaction Fees.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees

Best for Bank of America Preferred Rewards members

1.5 - 2X points

  • 2X Earn unlimited 2 points for every $1 spent on travel and dining purchases
  • 1.5X Unlimited 1.5 points per $1 spent on all other purchases

50,000 points

50,000 points

670-850

Excellent/Good

670-850

Excellent/Good

Why we chose it

The Bank of America Premium Rewards card is great for using the points earned for rewards that normal airline miles or credit card points can’t cover. Bank of America Preferred Rewards members get a 25%-75% rewards bonus on every purchase. New cardmembers earn a 50,000-point sign-up bonus after spending $3,000 in the first 90 days of account opening.

Pros

  • This card is more valuable for Bank of America Preferred Rewards members, who can get between a 25% and 75% bonus on points earned
  • Comes with up to $100 in airline incidental statement credits annually and up to $100 Global Entry/TSA Pre✓® statement credit and travel protections
  • Can transfer points earned into a 529 college fund

Cons

  • Other cards offer higher points for key bonus categories
  • Must open a Bank of America account to get the best value for points
Источник: https://thepointsguy.com/credit-cards/travel-insurance/

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This offer is no longer available on our site: Chase Sapphire Reserve®

This past summer, I used the travel insurance with my Chase Sapphire Reserve® credit card to book a hotel in New York City and a ride to the airport. But these weren’t just any accommodations. The hotel was right next to Central Park, and the ride was in a limousine.

How did I manage this? Allow me to explain.

I was on my way to San Francisco when a thunderstorm came rolling in and my flight out of LaGuardia Airport was canceled. Instead of panicking, I saw it as an opportunity to test out the trip delay benefit from my Chase Sapphire Reserve®.

I called the benefits administrator to make sure I was eligible for the trip delay insurance and confirm the coverage limits. Then I spent a few minutes figuring out how much I could afford to spend on a hotel, food and Uber rides.

Everything went smoothly until the next morning, when it was time to return to the airport. Uber was surging north of $80 for a trip to the airport, so I did what any budget traveler would do: I searched for the cheapest ride I could find. That just happened to be a limousine from the hotel’s car service. I felt as if I was going to prom.

Travel insurance is easy to ignore, but I’m glad I had it when I needed it. The trip delay insurance on my Chase Sapphire Reserve® turned what would’ve been a miserable experience into a fun night in the City that Never Sleeps.

The best part? I didn’t pay a penny. Many travel credit cards include travel insurance for no td bank routing number upstate ny cost on top of the annual fee, as long as you purchase the trip with your card.

Not all credit card travel insurance is created equal, though. Let’s look at what you need to know to find the card with the best travel insurance features for you.



What’s travel insurance?

Travel insurance is exactly what it sounds like: insurance for when something goes wrong on your vacation or business trip. It can take many forms, ranging from trip cancellation or interruption insurance to coverage of emergency dental work.

My favorite credit card for travel insurance is the Chase Sapphire Reserve®. It covers a wide variety of expenses that result from unexpected changes to your travel plans, such as canceled flights and lost baggage. Learn more about how to maximize the benefits of the Chase Sapphire Reserve®.

Let’s take a closer look at the travel insurance benefits offered by this card.

 Chase Sapphire Reserve®
Travel accident insuranceUp to $1 million for loss of life, sight, hearing, speech or limb
Trip cancellation/interruptionUp to $10,000 per trip for yourself, with a max of $20,000 per trip if you’re traveling with family
Trip delay reimbursementUp to $500 for reasonable expenses, after a delay of a covered hazard of more than 12 hours or that requires an overnight stay
Lost or damaged baggageUp to $3,000 for each person on each trip (but only up to $500 of that can go toward jewelry and electronic equipment)
Rental carPrimary coverage, up to $75,000

Why do you need travel insurance?

At this point, you might be wondering whether travel insurance is actually worth it.

As with homeowner and auto insurance, you hope to never need it. But think about it this way: You’re protecting yourself from the worst-case scenario. What if your flight is canceled? What if your bags get lost? What if you get sick or sprain your ankle?

Just because you’ve never been in a car accident, that doesn’t mean you should cancel your auto insurance. So why would you skimp on travel insurance?

If you need further proof, let’s look at some of the most common travel insurance benefits and how they might apply in a real-life scenario.

5 travel insurance benefits that can save you serious money

1. Trip cancellation/interruption insurance

Let’s say you’re planning a family trip to Walt Disney World.

You spend $4,000 booking your flights, hotel, rental car and, of course, the Disney tickets. But a few days later, you’re called in for jury duty and are forced to cancel the trip — despite the nonrefundable reservations you made.

That’s where trip cancellation insurance comes in handy. Chase Sapphire Reserve® covers up to $10,000 in qualified nonrefundable travel arrangements per person that you made before your covered trip was canceled.

Here’s another scenario: You’re in the middle of your Walt Disney World adventure when you find out a relative back home has passed away. You know you’ll need to return home early to attend the funeral, but you’re not sure how to do it.

Changing your travel plans is probably the last thing you want to be dealing with in this kind of situation. To help the process go more smoothly, Chase Sapphire Reserve® also offers trip interruption insurance, which may reimburse you up to $10,000 for the unused and nonrefundable portion of your trip.

2. Trip delay insurance

On the other hand, maybe your trip to Walt Disney World was fantastic, but your flight home was canceled because of severe thunderstorms (like mine was!) and you need to stay in town one more night.

Trip delay insurance could have you covered in this case. I used the Chase Sapphire Reserve® trip delay insurance when my flight out of New York was canceled.

Just remember, a trip delay doesn’t necessarily have to ruin your vacation.

Scott Keyes, the founder of Scott’s Cheap Flights, an email newsletter that alerts subscribers to low airfares, has experienced his share of delayed flights and missing bags in his travels around the world. But he always finds a chase business account routing number to make the most out of a bad situation.

“I like to ride out my delay in style,” Keyes says.

“If it’s on my dime, I probably won’t order steak or oysters,” he says. “But if I know I’m getting reimbursed, why not treat myself?”

Won’t the airline pay for my hotel and food if it cancels my flight?

Not necessarily. Your airline is required, with a few exceptions, to give you money to cover these sort of expenses if you miss your flight because it’s overbooked. But airlines aren’t responsible for cancellations resulting from bad weather. That’s when the travel insurance on your credit card may help.

3. Lost baggage protection

Now let’s say you’re traveling from Chicago to New York for a job interview, but the airline accidentally loads your checked bags onto a flight headed to Los Angeles.

Instead of wearing a suit and tie to your interview, you’re staring down the prospect of showing up in blue jeans and a T-shirt. That’s not exactly the best way to impress a potential employer and win the job.

And if you find out a few days later that your bags have disappeared completely? The Chase Sapphire Reserve®’s lost baggage protection may provide up to $3,000 per person, per trip to replace lost items (though only $500 of that total can go toward jewelry and electronics).

Want travel perks? Find an Airline Credit Card Now

4. Rental car insurance

Most travel cards offer some form of rental car insurance.

What’s nice about Chase Sapphire Reserve®‘s coverage is that it’s primary rental car insurance, so you don’t have to file a claim with your auto insurance company, which could raise your insurance rates.

Keep in mind, the rental car insurance provided by your credit card might cover damage to the vehicle you’re driving, but it may not include liability coverage. So, you could still be on the hook for damages you cause to another driver’s car and any injuries sustained as a result of the accident.

How do I file a travel insurance claim?

The rules for filing a travel insurance claim may vary depending on the credit card issuer, but here are a few tips to keep state income tax south carolina retirement on track.

Call ahead for preapproval

This is the sort of situation in which it may be better to ask permission than forgiveness.

Sure, your credit card issuer may not always require preapproval (though sometimes it does). But if you misunderstand the fine print of your travel insurance policy and make an expensive purchase that’s not covered, you could be stuck footing the bill.

There’s usually a phone number on the apartments in edmond ok by uco of your credit card you can call to reach a benefits administrator, who can confirm whether you’re covered, what type of purchases you can make and how much you can spend. Ask for a call reference number so you have a record of what they told you over the phone.

Don’t go crazy

Unfortunately, your insurance policy is not an all-expenses-paid extension of your vacation.    

If your flight is canceled and you need to stay another night, you might be tempted to book a fancy hotel, but don’t go overboard. Your insurance provider may frown upon (i.e. deny the claim for) extravagant purchases. So while it’s fine to treat yourself to a nice dinner, you should probably think twice before buying a diamond ring.

Remember, you’re still on a budget. Save room for unexpected costs.

Save your receipts

I recommend taking pictures of your receipts from restaurants and other stores you shop at, just in case you misplace them.

It’s also a good idea to ask your hotel for an email copy of your receipt, because it’s easier to keep track of an email than a small piece of paper. If you stay with Airbnb, your receipt will be emailed to you. Uber and Lyft also email your receipts, but taxis may not.

When it comes time to file your travel insurance claim, it will save you a lot of hassle if you keep all your receipts in one place. Just make sure you hang onto the original receipts and submit copies. That way, you’ll have a backup.

Don’t delay

It’s easy to procrastinate, but if you don’t file your claim promptly, you may run out of time. Many credit card issuers have deadlines for filing insurance claims, so pay attention to the terms and conditions associated with your card.

Besides, who doesn’t want that money sooner rather than later?

6 common questions about travel insurance, answered

What types of travel are covered?

Typically, most travel rewards credit cards offer some form of rental car insurance.

Some of the best travel cards may also offer various forms of coverage if you’re traveling by plane, train, bus or ship.

How do I know if my trip is covered?

It helps to read the fine print of your credit card agreement if you’re not sure whether your trip is covered. If you’re still confused, reach out to the benefits administrator for assistance.

What if I paid for my trip with rewards?

Chase Sapphire Reserve® may cover your vacation as long as you pay for any portion of your trip with the card. Coverage also kicks in when you redeem rewards. Many other credit cards require you to pay for the trip in full with your card, so always double-check first.

Is my family covered?

With Chase Sapphire Reserve®, you can rest assured green dot bank customer phone number you’re not the only one who’s covered. If you purchase a family member’s ticket with your card, that person may also be covered. Conditions apply, so be sure to read the fine print. The coverage also extends to authorized users.

What exclusions should I know about?

Even the best travel insurance cards have their limitations.

Whether you qualify for trip cancellation insurance, for example, depends on the reason for the cancellation. If it’s raining in Cancun and you decide not to go even though it’s perfectly safe to fly, don’t count on being reimbursed. The same goes for a businessman who cancels his trip because of a meeting he has to attend.

Also, people with preexisting medical conditions and those participating in certain sports may not qualify for coverage.

Where can you get travel insurance?

If you want to protect yourself from vacation mishaps but can’t afford to pay an arm and a leg, you may want to consider applying for a credit card that offers travel insurance.

Many of the best travel cards offer various forms of travel insurance for no additional cost. But when you’re shopping for the best travel card, keep in mind you may be charged an annual fee.

Travel booking websites like Expedia may also offer travel insurance for a modest fee when you purchase airfare, book a hotel or rent a car. You can also find companies that specialize in travel insurance, but be prepared to pay for the peace of mind.

“Most of the time, it’s not worth paying more money for travel insurance,” Keyes said. “I’m a cheapskate. I don’t like spending money on things I don’t need to, so I always rely on my credit card as my fail-safe.”


Bottom line

When you’re heading out on vacation, signing up for travel insurance is just as important as remembering to bring your camera and map.

Travel insurance may sound boring, but you’ll be glad you have it if your plans fall apart.

If you’re wondering whether you can afford travel insurance, check to see if your credit card offers it. You may be surprised at the benefits already hiding in your wallet.

Want travel perks? Find an Airline Credit Card Now

About the author: Tim Devaney is a personal finance writer and credit card expert at Credit Karma. He’s a longtime journalist who prides himself on being a good storyteller who can explain complex information in an easily digestible wa… Read more.

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Источник: https://www.creditkarma.com/credit-cards/i/credit-card-travel-insurance

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