Guide to earning and redeeming points with the Chase Sapphire Preferred® credit card
Quick insights
- Chase Sapphire Preferred earns bonus points on dining, travel, online grocery store purchases, at gas stations and select streaming services.
- Your points don't expire as long as your account is open and in good standing.
- Points may be redeemed for travel, transferred to loyalty programs or redeemed for cash back, gift cards and other redemption options.
If you carry the Chase Sapphire Preferred Credit Card, you may be earning Chase Ultimate Rewards® points on your purchases. These points offer flexibility, allowing you to redeem them for travel purchases booked through Chase TravelSM, transfer them to participating airline and hotel loyalty programs or redeem them for cash back. The points don't expire as long as your account is open and in good standing. Beyond earning and redeeming, the card also includes travel protections and other benefits that may add value for cardmembers. Let's explore how to earn and redeem points with the Sapphire Preferred.
Ways to earn points with the Sapphire Preferred
Chase Sapphire Preferred offers you the ability to earn points at different rates depending on the purchase category:
- Travel through Chase Travel: Earn 5x points on travel purchased through Chase Travel, including hotels, flights, cruises, vacation homes, activities and more.
- Dining: Earn 3x points on dining, including eligible delivery services.
- Online grocery: Earn 3x points on online grocery purchases (not including Target, Walmart and wholesale clubs).
- Streaming: Earn 3x points on select streaming services.
- Gas and electric vehicle (EV) charging: Earn 3x points at gas stations and on EV charging.
- Vacation homes: Earn 3x points on vacation homes at top brands like Airbnb, Vrbo and more.
- Other travel: Earn 2x points on other travel purchases.
- All other purchases: Earn 1 point per dollar.
The 5x category covers many types of travel purchases on Chase Travel, including flights, hotels, rental cars and vacation homes. The card also earns 3x points on gas station purchases, which may include purchases at convenience stores associated with the gas station. Cardmembers can also earn 5x points on eligible Lyft rides through September 30, 2027.
In addition to the points you'll earn on your spending, the card may offer a welcome bonus after you meet a minimum spending requirement within a set timeframe after opening the account.
Ways to redeem points earned with the Sapphire Preferred
Points may be redeemed in several ways:
- Travel through Chase Travel: Points may be redeemed directly for flights, hotels, rental cars and more.
- Transfer to travel partners: Points may be transferred to participating airline and hotel loyalty programs in 1,000-point increments. Transferring may unlock more value than redeeming through Chase Travel, especially for premium cabin flights or high-end hotel stays. It may be helpful to find the award you want before transferring, as transfers are one-way and can't be reversed.
- Cash back: Points may be redeemed as a statement credit or direct deposit into an eligible U.S. Chase account. If you're interested in cash back, each point is worth 1 cent when redeemed.
- Gift cards: Points may also be redeemed for gift cards from a variety of brands.
- Other options: Points may also be redeemed at Amazon.com to pay for all or part of your purchases.
The value of your Ultimate Rewards points may differ depending on what you're redeeming for. Using rewards points when booking through Chase Travel with the Sapphire Preferred may provide additional redemption options. With Points Boost, cardmembers' rewards points are worth more when redeemed for select hotels and flights with select airlines through Chase Travel. Offers are available on a rotating. Points Boost eligible rates are indicated by an icon in your search results.
In conclusion
The Sapphire Preferred offers several ways to earn points on everyday spending and a flexible rewards system for redeeming them. Whether you book travel through Chase Travel, transfer points to a partner program or redeem for cash back, you can match your redemption to your goals.
