Chase Sapphire Preferred vs. The Chase Freedom Unlimited: Which is Best for You? 0

The Chase Sapphire Preferred® Card is a more high-end rewards travel card, while Chase Freedom Unlimited℠ boasts its value as a cash back card. Which is better for your points and miles earning…or is there another option?

Let’s Break It Down

The Chase Sapphire Preferred® Card gives you…

  • 50,000 bonus points after you spend $4,000 in the first three months (about $625 toward travel via the Chase Ultimate Rewards portal)
  • 2X points on travel and dining
  • 1X points on everything else
  • No foreign transaction fees
  • 1:1 point transfer to many airline and hotel loyalty programs
  • No blackout dates or travel restrictions
  • No annual fee the first year, $95 after that

The Chase Freedom Unlimited℠ gives you…

  • $150 cash back bonus after you spend $500 on purchases in your first three months
  • Unlimited 1.5 percent cash back on every purchase automatically
  • Ability to transfer cash back to Ultimate Rewards points under the right circumstances
  • No minimum to redeem
  • No expiration for your cash back as long as the account is open
  • No annual fee
  • 3% foreign transaction fee

The Chase Sapphire Preferred® Card is Best if You…

…are a serious flyer and traveler who wants to earn a lot of travel rewards either via Chase Ultimate Rewards or transferring your points to one of your favorite loyalty partners. If your end goal is to use your rewards points for travel, Chase Sapphire Preferred® is your card.

The Chase Freedom Unlimited℠ is Best if You…

…need a free, secondary credit card that will give you rewards back on all of your purchases. It’s also great if you know you’ll earn more points from spending in areas other than travel and dining. And, if your end game is to get cash back rather than points and miles, then there’s no reason you shouldn’t have the Chase Freedom Unlimited℠ as your primary card versus a secondary card.

But What if There’s Another Way?

You don’t, however, have to choose between the two. Both complement the other very nicely and make a good combo if you’re just now starting to get serious about your award travel. You can use the Chase Sapphire Preferred Card for all of your travel and dining costs, and then use the Chase Freedom Unlimited℠ for everything else, to truly maximize points earned. Additionally, in order to even use your cash back earned from the Chase Freedom Unlimited℠, you have to own another higher-tier Chase card anyway, so having the Chase Sapphire Preferred® will make that possible. Then, if you want to reap even more benefits and travel perks, you can upgrade to the premium Chase Sapphire Reserve® Card, if you’re okay with paying the $450 annual fee in exchange for the added value.

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