Best Travel Credit Card FAQs and Answers

July. 23,2023
Best Travel Credit Card FAQs and Answers

It has been 9 years since Chase Bank started to issue Chase Sapphire Preferred (CSP) in August 2009. So far, CSP has won many domestic and international awards, including the "Best Travel Credit Card" of MONEY Magazine, and it has won the award continuously.

In addition to reviewing the basic benefits of this card, the editor also hopes to answer some common questions about this card. If you have any other questions that are not involved or need further clarification, please leave a message below and I will try my best to answer.

CSP basic benefits

60,000 points sign-up bonus

2X rebate for global dining/travel/transportation consumption, 1X rebate for other consumption, unlimited

You can use Chase points to redeem air tickets directly at the value of 1.25 cents.

It has the function of transferring Chase points to airline/hotel points

Car rental insurance, shopping insurance (including price protection, purchase protection, warranty extension), and travel insurance

Q&A section

Q1: How to get 60,000 points of sign-up bonus?

A: You only need to use this card within 3 months of opening the card and spend a total of $4,000 with its secondary card. In addition, this 4,000 dollar consumption can also earn reward points, namely 2X dining/travel/traffic rebates, or 1X other consumption rebates.

Q2: Can I still get an extra 5,000 points by adding a secondary card?

A: No.

Q3: I have consumed $3,800 within 3 months after opening the card. In addition, there is an interest of $200 and an ATM withdrawal fee. Can it also be counted as fulfilling the consumption requirements for the sign-up bonus?

A: Only normal consumption is included in the consumption requirements of the card sign-up bonus, so interest/expenses are not included.

Q4: After spending less than $4,000 within 3 months after opening the card, do I still have a chance to get 60,000 points as a bonus?

A: Normally not. You can try to "talk" to the customer service staff of Chase by dialing the number on the back of the card, but there is little hope.

Q5: I heard that buying gift cards at the supermarket is also considered consumption. Can I complete the card sign-up reward consumption requirements by purchasing gift cards?

A: The purchase of gift cards is indeed counted as consumption, but the purchase of gift cards in large quantities can trigger Chase's internal investigation, which can lead to Chase "killing the whole family" (that is, forcibly closing all credit card accounts).

Q6: Is there a handling fee or currency conversion fee for this card?

A: As the best travel credit card, CSP does not have these overseas expenses. In addition, Chase will convert it into US dollars based on the real-time exchange rate, and there is basically no exchange rate loss.

Q7: Is there an annual fee for this card?

A: The annual fee is waived for the first year, and $95 per year from the second year. Military personnel and their family members, as well as certain individuals, can enjoy annual fee reductions.

Q8: Is there a fee for adding a secondary card to this card?

A: No.

Q9: What benefits can the secondary card of this card enjoy?

A: It is the same as the main card, including rebates and various insurances, but there is no sign-up bonus.

Q10: Who is the rebate obtained by the secondary card of this card? Who is responsible for the repayment of the secondary card?

A: All belong to the main card holder.

Q11: Which consumption of this card can be rebated?

A: All consumption can get at least 1X rebate; dining/transportation/travel consumption can get an additional 1X rebate, for a total of 2X rebate.

Q12: What kind of consumption counts as catering consumption?

A: Restaurants, fast food restaurants, beverage shops such as Starbucks, etc.

Q13: Which consumption is considered as transportation consumption?

A: Bus, subway, taxi, ferry, parking, crossing, shared bicycles, etc.

Q14: What consumption is not considered transportation consumption?

A: Tow truck, ticket, gasoline, etc.

Q15: What consumption is considered travel consumption?

A: Air tickets (including ancillary expenses, such as taxes/refunds/changes/baggage check/seat selection/inflight wifi/upgrades), hotels (including room fees/taxes/in-hotel spending, etc.), car rental, cruises , Travel packages (such as air tickets + hotel/cruise travel packages), WeChat payment, etc.

Q16: What consumption is not considered travel consumption?

A: Phone bills, gasoline, theme parks (such as Disney, Six Flags), purchase of transportation, space travel (such as SpaceX travel related expenses), etc.

Q17: Will the rebate of this card expire?

A: No, but it is recommended not to hoard a lot, because the overall trend of points/miles is constantly depreciating, and a lot of hoarding has a greater risk of devaluation.

Q18: I have other Chase Bank credit cards, can I combine points with this card?

A: Yes. The points of Chase Bank are called Ultimate Rewards points (hereinafter referred to as UR), and points of different credit cards under the same account can be transferred between different cards.

Q19: Can UR points be exchanged for money?

A: Yes, it will appear in your account in the form of statement credit after redemption. When directly exchanged for money, the value of UR is 1 point = 1 cent.

Q20: UR points are directly exchanged for hotels/air tickets at the value of 1 point = 1.25 cents. How to operate?

A: After logging in to your Chase bank account, you can directly redeem according to the following speculations: select "Ultimate Rewadrs", select this card, select "Travel", enter the plane/hotel itinerary information, and you can see the corresponding price and the required Of points. If the price of an air ticket/hotel is $125, only 10,000 points are needed when redeeming with this card, and the value of 1 point = 1.25 cents is realized.

Q21: I don't want to use UR points to directly redeem hotels/air tickets. Is there any other recommended way to use it?

A: You can transfer UR points to airline miles or hotel points and exchange for miles tickets/point room.

Q22: Which airlines and hotels can I transfer UR to?

A: UR points can be transferred to the following airlines or hotels at a ratio of 1:1

Q23: So many hotels/airlines can transfer points through UR, so is it cost-effective for me to transfer UR to any one?

A: No, the most cost-effective airlines include British Airways Avios, Singapore Airlines Krisflyer, United Airlines MileagePlus, and Virgin Atlantic Flying Club; the only cost-effective hotel is Hyatt World of Hyatt.

Although some other airlines and hotels are not cost-effective to transfer points through UR, if there is a special purpose or a little bit less points can be exchanged for mileage tickets/point room, it can still be considered. The uneconomical meaning here means that the value of some airlines/hotels’ own mileage/points is not as high as UR, so if the transfer point is 1:1, the value of UR will depreciate.

Q24: After converting UR into hotel/airline mileage, how to use it?

A: The problem is beyond the scope, please refer to United Airlines mileage usage tips >>

Q25: Are there any application restrictions for this card?

A: If there are 5 new credit card accounts opened in the past 24 months, this CSP will basically not be approved