Chase Freedom Flex Vs. Chase Sapphire Preferred – Forbes Advisor

Point Transfers to Airline and Hotel Partners

One of the most useful advantages of the Sapphire Preferred over the Freedom Flex is the opportunity to transfer points to airline partners. Many collectors of Chase Ultimate Rewards points find transfers to international airlines for premium cabin travel redemptions to be among the best uses of Ultimate Rewards points.

Some of the most interesting transfer partners for North America-based travelers include international airlines like Virgin Atlantic, Air Canada, Air France / KLM and British Airways, which can be used both to book international award tickets and domestic flights within the United States through each program’s partner airlines. If you want simplicity, Chase Ultimate Rewards delivers through its partnerships with United Mileage Plus, Southwest Rapid Rewards and JetBlue.

In addition to airline partners, Chase allows point transfers to Hyatt, IHG and Marriott. Hyatt is by far the most valuable partner among Chase’s hotel partners, but IHG and Marriott loyalists might find value in transfers to those programs to top-off account balances for hotel awards.

Ongoing Online Grocery Store Purchases

While the Chase Freedom Flex℠ may earn high rewards in a quarter if grocery store purchases are one of the bonus categories, online grocery shoppers can appreciate the Chase Sapphire Preferred® Card’s earn rate of 3 points per dollar spent on online grocery purchases. Note that online grocery stores exclude Target, Walmart and wholesale clubs.

In addition to increased rewards, the Chase Sapphire Preferred® Card offers cardmembers at least 12 months of complimentary DashPass from DoorDash when activated, which features $ 0 delivery fees on orders that meet a minimum subtotal and includes limited-time exclusive promotions.

Additional Cash Value from Rewards

Both the Chase Freedom Flex℠ and the Chase Sapphire Preferred® Card award Ultimate Rewards points, which can be redeemed at a value of 1 cent per point for cash back, statement credits and gift cards. However, if you are looking for additional cash value from your rewards, consider that the Chase Sapphire Preferred® Card gives you 25% more value for your Ultimate Rewards points when you redeem for travel.

If you redeem your points against travel purchases through Chase Ultimate Rewards, Chase will sweeten the deal and give you 25% more value for your points when you redeem for travel. When you redeem for travel, your points will be worth 1.25 cents each, making 60,000 points worth $ 750 toward travel when redeemed through Chase Ultimate Rewards.

In addition, Chase gives Sapphire Preferred cardmembers 25% additional value for rewards when redeeming for eligible Pay Yourself Back purchases. Through Pay Yourself back, you can redeem your points for statement credits against existing purchases in select rotating categories. Past categories have included dining and groceries.

In addition to the redemption lift, the Sapphire Preferred also offers up to $ 50 in statement credits on hotels booked through Chase Ultimate Rewards® and an extra 10% in points based on your annual spending.

Travel Insurances

Both the Chase Freedom Flex℠ and the Chase Sapphire Preferred® Card offer auto rental collision damage waiver insurance and trip cancellation / interruption insurance. Both cards also offer car rental loss and damage insurance, but the Chase Sapphire Preferred® Card’s benefit is primary insurance, while the Chase Freedom Flex℠ only offers secondary insurance.

If you are a frequent traveler, Chase Sapphire Preferred® Card might yield better returns for your wallet. In addition to the above, the Sapphire Preferred card includes trip delay reimbursement insurance and lost and delayed baggage insurance.

Both cards also offer a travel assistance service which can make medical and legal referrals, but the costs of services provided are the responsibility of the card holder.

Chase Sapphire Preferred® Card

Up to 5x Reward Rate

Earn 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plusRead More

Welcome Bonus

60,000 bonus points

Regular APR

17.49% – 24.49% Variable

Credit Score

Excellent, Good (700 – 749)

Why We Picked It

Offering a rare mix of high rewards rates and redemption flexibility, this card is a dream for frequent spenders on travel & dining – while charging a modest annual fee.

Pros & Cons

  • Earn high rewards on several areas of spending
  • Transfer points to travel partners at 1: 1 rate
  • Many travel and shopping protections
  • Annual fee
  • No intro APR offer
  • Best travel rewards are only for bookings through Chase

Card Details

  • Earn 60,000 bonus points after you spend $ 4,000 on purchases in the first 3 months from account opening. That’s $ 750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $ 50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $ 750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Count on Trip Cancellation / Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get complimentary access to DashPass which unlocks $ 0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.

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