| Card |
Bonus |
Spend |
Spend Term |
Ann. Fee |
| Chase Sapphire Preferred |
50,000 UR |
$4,000 |
3 mos. |
$95 |
One of the industry’s best and most versatile credit cards, the Chase Sapphire Preferred credit card comes with a plethora of benefits and is a great introductory card for those just getting into churning. Often referred to by its initials, the current offer for the CSP is 50,000 Ultimate Rewards (UR) when you spend $4,000 in the first 3 months. Additionally, you can earn another 5,000 UR when you add an authorized user and make a purchase with that second card in the first 3 months. The $95 annual fee is waived for the first year too, and there are no foreign transaction fees. Another great benefit of the card is that it earns 2x points on travel and restaurant purchases, so if you’re someone who likes to travel and or eat out a lot this is a fantastic card to have!
Lastly, and arguably most importantly, is the versatility of Chase Ultimate Rewards. They can be transferred at a ratio of 1:1 to numerous frequent flyer and hotel reward programs including United MileagePlus, British Airways Avios, Korean Airlines, Singapore Airlines KrisFlyer, Southwest Airlines Rapid Rewards, Virgin Atlantic, Hyatt Gold Passport, IHG Rewards Club, Marriott Rewards, and Ritz-Carlton. Only have 50,000 United miles? Well now you can transfer your newly acquired 55,000 UR to United for a grand total of 105,000 United miles – more than enough to fly anywhere in the world on Star Alliance round trip in economy! Transfers are generally instantaneous and really accentuate the value of Ultimate Rewards.