4 Underrated Chase Sapphire Preferred® Card Benefits You Should Be Using

We've long considered the *chase sapphire preferred* to be one of the best cards for all travelers – beginners and experts alike. Scoring a big, limited-time bonus just makes that case even stronger. 

Here is what's at stake with the current bonus offer: bonus_miles_full

But look beyond that mountain of points and you'll find some equally valuable card benefits that shouldn't be ignored. Some are permanent perks while others are temporary benefits (that could stick around for good). Either way, there are many reasons beyond the initial signup bonus to pick up and keep a Sapphire Preferred card … even if some of them aren't widely advertised.

Let's break down some of the lesser-known Chase Sapphire Preferred benefits that you should know about to get the most out of this card. 

Learn more about the *chase sapphire preferred*

25% Bonus On Chase Travel Bookings

There are plenty of great ways to use a big bonus from the Chase Sapphire Preferred Card. But sometimes, simplicity is best.

When booking flights, hotels, rental cars, and more through Chase Travel℠, you can easily redeem Ultimate Rewards for 1.25 cents apiece by booking through Chase Travel℠. That's an additional 25% bonus per point when booking travel instead of redeeming your points for cashback.

While you might get more value by transferring points to partner airlines or hotels, Chase Travel℠ makes it easy to take a cheap flight and make it free. It works like this: Find a good deal using Google Flights or from a service like Thrifty Traveler Premium. The cheaper the flight, the fewer Chase points you'll need to book it: Every point is worth 1.25 cents toward travel.

That means instead of having to book this $96.80 flight from Minneapolis-St. Paul (MSP) to Las Vegas (LAS) for 9,680 Chase points, you can book it through Chase Travel℠ using less than 7,800 Chase points, for example.

There's really no easier way to put these points to use. Unlike booking with airline miles, you won't be on the hook for additional taxes and fees – this is one of the only ways to book travel completely free. Plus, you can book other kinds of travel like hotels, rental cars, cruises, and even excursions, too.

Thrifty Tip: Chase has been quietly rolling out “Points Offers” where you can get as much as 2 cents per point in value for booking select flights and hotels through Chase Travel! Be sure to check Chase Travel from time to time to see if you can stretch your points even further. 

Free DashPass Membership and $10 Monthly Credit

Through an enhanced partnership between Chase and DoorDash, Sapphire Preferred cardholders get a complimentary DashPass membership and a monthly coupon of up to $10 off on grocery, convenience, and other non-restaurant orders. This benefit largely replaces a previous partnership with Instacart that expired at the end of July 2024. 

In addition to the 3x Ultimate Rewards points you'll earn on dining at restaurants and eligible delivery services like DoorDash, you'll also save on delivery fees and enjoy additional savings on each order with DashPass.

Simply add your Chase Sapphire Preferred as a payment method in your DoorDash account and you should get a pop-up offering you a complimentary DashPass membership, good through Dec. 31, 2027. Considering DashPass typically costs $9.99 a month, you can save some decent money with this benefit.

If you'd otherwise be paying $96 per year for DashPass, this benefit alone is enough to cover the cost of carrying the Sapphire Preferred Card. Add in the new, up to $10 off monthly coupon for non-restaurant orders, and it's a clear win.

Annual $50 Hotel Credit

The Chase Sapphire Preferred Card offers a $50 statement credit to cardholders each year that can be used towards booking a hotel through the Chase Ultimate Rewards travel portal.

To take advantage, all you need to do is use your Sapphire Preferred Card to book and pay for a hotel stay of at least $50 through the Chase travel portal and you'll receive an automatic statement credit for up to $50 each year. Note that this credit is available on your cardholder anniversary rather than at the beginning of each year.
 

Unlike other credit cards offering benefits like this, there is no minimum spend or length of stay requirement. Best of all, no registration is required and this statement credit kicks in automatically! 

Read our guide to using the $50 Sapphire Preferred Hotel Credit

Primary Rental Car Insurance

The Chase Sapphire Preferred comes with primary rental car coverage – meaning if something happens to your rental, you can skip your own insurance and go straight to Chase for help.

In order to take advantage of this coverage, you need to charge your rental to your Sapphire Preferred card and decline the collision damage waiver that the car rental company tries to sell you. This policy will provide reimbursement for damage due to collision or theft on rental cars in both the U.S. and when traveling internationally. If you get into an accident, it will cover the costs of any damage up to the cash value of the vehicle.

Just note that this is not liability insurance. It will not cover medical bills, damage to another vehicle, or damage to property. Still, it's some of the best car rental coverage you can get.

Additional reading: All About the Chase Sapphire Rental Car Insurance Benefit

Bottom Line

Most of these Chase Sapphire Preferred benefits alone can help justify the card's annual fee. Add them all together and it's not hard to see why we think the card provides so much value for its modest $95 price tag.

Considering new cardholders will earn 100,000 Chase Ultimate Rewards points after spending $5,000 in the first three months of card membership … it's even more of a no-brainer. 

Learn more about the *chase sapphire preferred*