[WalletHub] Is Chase Sapphire Preferred Worth It?
Apostolos Ampountolas, Assistant Professor of Hospitality Finance and Revenue Management at BU School of Hospitality Administration, talked to Wallethub and provided valuable insights into the future of travel rewards credit card bonuses amidst a rebounding travel market post-pandemic. He suggested that while the competitive nature of the credit card industry might drive increased rewards to attract customers, various economic factors could influence these offerings.
The article explored the dynamics of travel rewards credit cards, evaluating their worth in relation to annual fees, travel habits, and spending patterns. It also highlights key considerations for consumers when booking through credit card rewards portals, emphasizing the need to assess
Bottom Line: Chase Sapphire Preferred is one of the best credit cards for bonus rewards, particularly if you like to travel. It’s worth getting if you’ll spend $4,000 in the first 3 months after opening an account, as you’ll qualify for the card’s generous 60,000-point initial bonus.