I gave just a few people in my office one-on-one consultations about getting started in miles and points. I’ve also helped several of those people book award tickets with their points.
Usually the first actionable thing my co-workers take away from those conversations is to sign up for the Chase Sapphire Preferred Card.
I tell folks that they want to start with understanding their reward goals — that both motivates them and helps them pick the right program to earn points in. For most goals, though, Chase Ultimate Rewards points are the best place to start.
And to track their points, using a site like Award Wallet.
What’s interesting is that once people get this advice, get the card, and use the points the advice seems to spread like wildfire. How did you do that? Well, I got this card, earn the bonus for it and maybe a second card, and pretty quickly was redeeming for awards.
So I find that folks I work with that I’ve never even had conversations with have plenty of Chase points, and are ready to redeem.
This isn’t a post for experts, I’d guess very very experts have not already signed up for Sapphire Preferred. But for beginners, when I’m asked for frequent flyer advice, and I’m able to resist the temptation to overwhelm and go on for an hour (I can easily run off at the mouth), when I’m trying to give simple, concrete recommendations, I’m generally suggesting Chase Sapphire Preferred Card.
It has been probably the all-around most lucrative credit cards in the market for the past couple of years. Back in November 2011 I called it the king of credit cards.
At 40,000 bonus points after $3000 in spending within 3 months, it has one of the richest bonuses of any card. There’s a $0 annual fee the first year. It earns some of the most valuable points. And has some of the best spending bonuses as well.
Why the Expert Recommends This Card , and Why Beginners Can Take Advantage of It
This card has one of the strongest signup bonuses and also offers some of the strongest points-earning. You get double points on all travel and dining, Visa acceptance (so you can use it pretty much anywhere even the dry cleaners), no foreign currency transaction fees (so you don’t have to swap out for a different card when you leave the country), and the points are as valuable as any currency out there.
Since it’s near the top in both signup bonus and points-earning, and since it’s versatile enough to be one of the best choices anywhere and everywhere, it’s a good card that passes the ‘expert’ analysis … and an easy card to use and benefit from as a beginner, too.
A Very Strong Card for Earning Points
In addition to the standard points-earning, you also get:
- Double points on travel and restaurant spending
- Visa acceptance, so even my dry cleaner takes it
- No foreign currency conversion fee
- Additional points for your online shopping through access to the Chase Ultimate Rewards mall, a mileage-earning shopping portal that often has the most lucrative opportunities to earn extra points for the online purchases you’d make anyway. I love the 2 extra points per dollar on Travelocity purchases, extra point per dollar at Expedia, and I use it for my Drugstore.purchases.
Making the Most of the Points You Earn
Chase advertises that you can redeem these points at 1.25 cents apiece towards paid travel, that’s not their best use. You want to hold onto them and transfer them to frequent flyer programs most of the time.
I value ‘flexible’ points the most, points where you can choose where to point them at the time you’re ready to redeem for an award. If you accumulate miles in an airline program, then you need that program to have the award you want at the time you want to fly. But with points that transfer to your choice of programs, you increase the odds substantially of getting the award you want — if one program doesn’t have the award, another one likely will.
The transfer options with this card are:
- Airlines: United, Korean Airlines, Southwest Airlines, British Airways, Virgin Atlantic
- Hotels: Hyatt, Ritz-Carlton, Marriott, Priority Club
- Train: Amtrak
The best hotel transfer value is Hyatt in most cases, but it’s really valuable to be able to top off an account towards an award no matter which account of yours that winds up being.
Usually I think of United as the best value for points transfers, since the award chart is reasonable and available on Star Alliance partners is really pretty good in business class to Europe and Asia.
But transferring to British Airways Avios can be a good use of points, especially for short-distance non-stop flights (think as low as 9000 points roundtrip for a coach award). And while many awards on BA involve fuel surcharges, if you use those points to fly American Airlines or Alaska Airlines domestic or American or LAN to South America, there are no fuel surcharges. (Also quite reasonable intra-Asia on Cathay Pacific and Aer Lingus Boston or New York to Ireland.)
Meanwhile, not only do you get Star Alliance awards via United and oneworld awards via British Airways, you have coverage of the third alliance — Skyteam — as well. You get access to the same Skyteam award space as if you had Delta miles. And in some cases there’s a favorable award chart.
Plus the ability to redeem for international first class through Korean and not just business class, something Delta doesn’t allow. And one-way awards, also not offered (except at the same price as roundtrip!) by Delta. I actually value these points the most, probably for transfers to Korean since I used Chase points for Korean first class one-stop back from Kuala Lumpur on the Sunday after Thanksgiving last year. (I also want to fly first class on the China Southern A380 and first class on Saudia Airlines as well.)
The Chase Sapphire Preferred card offers referral credit to me if you apply and are approved using my link, which I greatly appreciate.