Or if you've recently purchased a new phone from your cell phone carrier on a payment plan and have the funds, you can consider paying that off in full to help meet Chase Sapphire Preferred's spending requirement. Prepay your expensesįor certain expenses such as auto insurance or homeowners insurance, you may be given the option to pay for the entire premium at once, and sometimes at a discount. Here are a few tips for hitting the Chase Sapphire Preferred® Card's $4,000 minimum-spend requirement responsibly and without getting yourself mired in credit card debt. That said, many have spending requirements that may be tough to meet without overspending. One of the best parts about getting a new credit card is when it comes with a lucrative welcome bonus. How to earn the welcome bonus responsibly You'll also never have to worry about paying foreign transaction fees for using the card abroad. 1X point per dollar for all other purchasesĬardholders also have access to additional benefits such as comprehensive travel insurance - including trip delay reimbursement, baggage delay insurance and trip cancellation and interruption coverage - rental car insurance (auto rental collision damage waiver) and emergency assistance, as well as extended warranty and purchase protection.3X points per dollar on certain streaming services.3X points per dollar on online groceries (not including Target, Walmart or other wholesale clubs).3X points per dollar on dining, including takeout and certain delivery services.2X points per dollar for all travel purchases.5X points per dollar on travel booked via Chase Ultimate Rewards ® (not counting hotel nights that qualify for your included $50 annual Ultimate Rewards ® hotel credit).Up to $50 in statement credits each year on your anniversary when you book hotel stays via Chase Ultimate Rewards ®.In addition to the welcome bonus, you will earn:

The welcome bonus offer, along with the card's many travel benefits, makes it a great travel rewards credit card - especially with its modest $95 annual fee.

Sapphire preferred