Should I get the Chase Sapphire Preferred if I don't travel?

Should I get the Chase Sapphire Preferred if I don't travel? You won't purchase travel or dining on the card: Although there are benefits you can get from the Chase Sapphire Preferred® Card that are unrelated to travel, such as 3 points per dollar spent on online grocery purchases and select streaming purchases, the card is generally most valuable to cardholders who take ...

Does Chase Sapphire Preferred get you into airport lounges?

Unfortunately, you won't get lounge access of any kind by owning the Chase Sapphire Preferred. But, you can get free Priority Pass lounge access with the Chase Sapphire Reserve. This way, you can find a lounge regardless of which airline you fly. Plus, you'll still earn Chase Ultimate Rewards on every card purchase.

What is the 48 month rule for Chase Sapphire?

This is a relatively new Chase rule, but an important one: You cannot receive a Sapphire sign-up bonus if you've already received a bonus from either version (Preferred or Reserve) within previous 48 months. It's important to note it's 48 months or 4 years from the receipt of the statement with the bonus on it.

Is Chase Sapphire Preferred for beginners?

Our #1 recommended beginners rewards card featuring a 60,000-point signup bonus after you spend $4,000 on purchases in the first 3 months from account opening. This card comes with great benefits and earns valuable Ultimate Rewards points.

What is the 24 month rule for Chase Sapphire?

Simply put, if you've opened five or more new credit card accounts with any bank in the past 24 months, you will not likely be approved for a new Chase card. The 5/24 rule applies to almost all Chase credit cards, including popular ones like the Chase Sapphire Preferred and Chase Sapphire Reserve®.

Is there a better card than Chase Sapphire Preferred?

Best for International Travel: Citi Premier® Card. Best for Lounge Access: Capital One Venture Rewards Credit Card. Best for Everyday Spending: Chase Freedom Unlimited®

Is Chase Sapphire prestigious?

Chase Sapphire Reserve is a metal credit card, which is often associated with prestigious cards. The card gives up to $300 in credits for travel purchases each account anniversary year. Cardholders get a $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck.

Is 3 credit cards too many?

If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.