Just received your Chase Sapphire Preferred? Here are 5 things you should do next

The Chase Sapphire Preferred® Card has long been a favorite among credit card enthusiasts, and for good reason. With its valuable points system and generous sign-up bonus, it’s a top choice for travelers looking to maximize their rewards.

Before the launch of the Chase Sapphire Reserve®, the Sapphire Preferred was already a popular choice for earning points on travel and dining purchases. With 2 points per dollar on travel and 3 points per dollar on dining, it offers a wide range of earning opportunities beyond just traditional restaurants and hotels.

One key tip for new cardholders is to consider adding an authorized user to their account. This not only helps earn points faster but also makes it easier to reach the spending threshold for the sign-up bonus. Plus, it allows for easy transfer of points to Chase’s airline and hotel partners.

Another way to maximize points is by adding the card to takeout and delivery apps like Seamless and Grubhub, where you can earn 3 points per dollar on dining purchases. Additionally, setting the card as the default payment method for travel expenses can earn you 2 points per dollar spent, with even higher returns when booking through Chase Travel℠.

For those looking to expand their rewards potential, adding other Chase cards like the Ink Business Preferred® Credit Card, Chase Freedom Flex℠, and Chase Freedom Unlimited® can help build up Ultimate Rewards points even faster. Just be mindful of Chase’s 5/24 rule, which limits approvals for those with five or more credit cards opened in the last two years.

Overall, the Chase Sapphire Preferred remains a top choice for travelers seeking valuable rewards and benefits. With a 75,000-point welcome bonus and a range of earning opportunities, it’s a smart addition to any wallet.