Featured – The Chase Sapphire Preferred credit card – get 55,000 bonus Ultimate Rewards points

Apply here for the Chase Sapphire Preferred credit card.

Maldives with Ultimate Rewards

The Chase Sapphire Preferred credit card

The Chase Sapphire Preferred card is one of the slickest cards to actually hold in your hands, as it’s made of metal and is virtually indestructible.

The card also gives you 2 points per dollar on dining and any travel-related expenses.

The annual fee is waived in the first year and then it is $95 after that.

My Chase Sapphire Preferred card has been getting all my travel and dining spend for years. While the Citi Prestige and Citi ThankYou cards have been serious contenders (with their respective bonus categories), I have been happy with not just the bonus earning, but also the insurance I get from the Chase Sapphire card:

Apply here for the Chase Sapphire Preferred credit card.

What do I get with the Chase Sapphire Preferred card?

If your application is successful, you get 55,000 Ultimate Rewards!

– You get 50,000 Ultimate Rewards points just for signing up and completing a minimum spend of $4,000 in the first 3 months of account opening.

– You also get 5,000 extra points for adding an authorized user (such as your partner).

What would I use the 55,000 Ultimate Rewards bonus points for?

Chase Ultimate Rewards points can be transferred to a number of partners and give you an enormous choice of awards.

Singapore Airlines First Class/Business Class

SIngapore Airlines First Class

Singapore Airlines KrisFlyer is a 1:1 transfer partner of Ultimate Rewards. It’s worth repeating that Singapore Airlines has a fantastic first and business class product and flights on Singapore Airlines are rather easy to book with KrisFlyer miles.

First check online for availability on one of these routes:

  • San Francisco – Hong Kong (and vice versa)
  • Los Angeles – Tokyo (and vice versa)
  • San Francisco – Seoul (and vice versa)
  • Houston – Moscow (and vice versa)
  • New York – Frankfurt (and vice versa)
  • Sao Paulo – Barcelona (and vice versa)

Frankfurt and Tokyo are served by the A380, which has a phenomenal Singapore Airlines First Class product.

Fuel surcharges are modest and lowest on routes departing to or from Hong Kong as well as from Brazil. The redemption rates vary, but start at ~50,000 per one-way.

SIngapore Airlines First Class

Apply here for the Chase Sapphire Preferred credit card.

Two nights at the Park Hyatt Maldives Hadahaa

Park Hyatt Maldives

Once you complete your minimum spend and add an authorized user, you will have enough points needed for the Park Hyatt in the Maldives. 25,000 points per night replaces a cash payment of $1,080 plus taxes and fees!

Rates Park Hyatt Maldives

This Park Hyatt is located on a private island, one hour south of Male Airport. It looks breathtaking and also prides itself on many favorable reviews. Keep in mind that food prices are high and the transfer from the airport will be billed extra.

There are more Category 6 Hyatt properties, including the Andaz 5th Avenue in New York, that also make for a great redemption.

Apply here for the Chase Sapphire Preferred credit card.

Singapore Airlines/Air New Zealand Business Class Southeast Asia to Tahiti

tahiti_beach.jpg

This works best if you already have a flight to Southeast Asia and want to make the return over the Pacific a bit more ‘creative’. Transfer 45,000 points to United MileagePlus and you can fly on Singapore Airlines and Air New Zealand from anywhere in Southeast Asia to Tahiti. united.com will not show Singapore Airlines flights, but most flights are bookable when you call, so call United reservations directly. Note that Air New Zealand availability is very limited.

I recently went to French Polynesia and loved Bora Bora Island and the InterContinental Le Moana.

Apply here for the Chase Sapphire Preferred credit card.

Korean Air flight from Brazil to Los Angeles

korean_air_biz_class.jpg

While not my favorite airline, others have had great experiences. Korean Air SKYPASS is a 1:1 Ultimate Rewards transfer partner. Korean Air Business Class from Brazil to Los Angeles is just 52,500 miles and no fuel surcharges (although they apply in the other direction). As usual, look up availability first (I use ExpertFlyer for Korean Air) and call to double-check it’s bookable before you make any transfers.

Apply here for the Chase Sapphire Preferred credit card.

More options

Other great options include flights in Micronesia with United/Star Alliance, 4 nights at the Marriott Jakarta or a whirlwind economy round-trip through Europe from the Azores to Greece via Norway; these are just 30,000 United MileagePlus miles each.

Another option is one of the many Marriott Rewards Category 1-3 properties that are bookable at 7,500 to 15,000 points a night, especially in Southern Africa; this can be a steal!

Apply here for the Chase Sapphire Preferred credit card.

How can I complete the minimum spend?

Put all your regular spend on it and read our guide to manufactured spending. $4,000 in 3 months should be really easy!

What if my application was denied?

Did you know that almost all my applications get initially denied and eventually approved when calling the right reconsideration numbers?

Apply here for the Chase Sapphire Preferred credit card.

Picture credit Kiwicollection.

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