Benefits of Chase Sapphire cards?

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The Chase Sapphire cards offer a variety of benefits, particularly through the Chase Ultimate Rewards program. Here are some notable features:

  1. Transferable Points: Chase Ultimate Rewards points can be transferred to multiple top-tier travel partners, such as Hyatt, Southwest Airlines, United Airlines, and British Airways. This flexibility allows for significant value in using these points for travel 1.

  2. Combining Points: Points from more basic Chase cards can be combined into a premium Chase Sapphire card (like the Sapphire Preferred or Sapphire Reserve), upgrading them to the more valuable transferable points 1.

  3. Travel Credit and Bonuses: The Chase Sapphire Reserve card offers a $300 annual travel credit, effectively reducing the high annual fee. This credit covers a wide range of travel purchases 2.

  4. Rewards on Travel Bookings: Booking travel through the Chase Ultimate Rewards portal with the Sapphire Reserve card yields 1.5 cents per point, which can enhance the value of accumulated points 2.

  5. Luxury Travel Benefits: The Sapphire Reserve also includes Priority Pass Select membership, which grants access to over 1,200 airport lounges worldwide, adding comfort and convenience to travel 3.

    Maximizing Chase Rewards

    Brad shares how to combine old non-transferable Chase Ultimate Rewards points with new premium cards to make them all transferable, unlocking top-tier benefits like Hyatt and Southwest transfers. He highlights the value of the Sapphire Reserve card, offering a 50% bonus on travel booked through the Chase Portal.

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  6. Rental Car Insurance: Both the Sapphire Preferred and Sapphire Reserve cards offer rental car insurance as a secondary benefit, which can be a great save on trips where a car rental is needed 4.

These cards, especially the Sapphire Reserve, are designed to offer significant value for frequent travelers through bonuses, insurance benefits, and flexible point usage. However, the benefits must be weighed against the annual fees of these cards 2.

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