Chase Freedom Vs Chase Sapphire Points

How does it compare to chase sapphire preferred a travel airline points and restaurant credit card.

Chase freedom vs chase sapphire points.

With the chase freedom unlimited your points are only worth 1 cent each for any redemption. Cash back and points are hardly the same thing right. New cardholders who spend at least 4 000 in the card s first three months will receive 80 000 bonus points. Even though the chase freedom flex is considered a cash back card both it and the chase sapphire preferred card technically earn points in a currency called chase ultimate rewards.

Chase sapphire preferred vs. Ongoing rewards fees and initial bonuses aside the average person who spends 32 010 annually would earn roughly 45 more with freedom 960 than sapphire preferred 915 over the first two years of use. No matter what kind of cardholder you are chase probably has a credit card that can fit your needs. Chase s array of personal credit card products ranges from the premium chase sapphire reserve all the way to the cash back chase freedom no longer open to new applicants and chase freedom unlimited cards.

Because of the value of points the chase sapphire preferred credit score needed may be slightly higher though it s not. Read our comparison chart below. The former offers a great return on everyday spending and the latter gets you 2x rewards on dining and travel and opens up some great transfer partner options. Chase freedom is an excellent cash back credit card for cardholders who pay in full.

You can also use your points to pay for eligible purchases through the end of 2020 with the chase pay yourself back feature. It comes at a propitious time as consumer spending has drastically shifted due to the covid 19. Get the chase sapphire preferred card if most of your spending is on travel and dining purchases and you plan to redeem your points for travel. Keep in mind the chase freedom has a 0 annual fee while the chase sapphire preferred has a 95 annual fee.

The chase sapphire preferred card also stands out because of its eye popping sign up bonus. The chase freedom unlimited and the chase sapphire preferred card make a great ultimate rewards points earning team. Get the chase freedom flex if all you re interested in is earning cash back on typical everyday purchases like gas groceries or a cup of coffee. The chase freedom flex and chase freedom unlimited both offer cash back rewards while the chase sapphire preferred card and chase sapphire reserve provide ultimate rewards points for every purchase.

This card has 0 annual fee so all the rewards you earn are a net positive on your finances.