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We’ve seen some significant changes to the Chase Sapphire Preferred card’s benefits in the last few weeks, prompting me to answer a question from TPG Reader Victor:
“@thepointsguy Which credit card is better for rental cars – Starwood Preferred American Express or Chase Sapphire Preferred?”
Sapphire Preferred is one of my top all-around travel cards; it earns you 2 points for every dollar you spend on travel – including rental cars. Plus, if you grandfather in the recently eliminated 7% annual point dividend, you’re actually getting 2.14 Ultimate Rewards per dollar spent on rentals, a much better rate of return than the 1 Starpoint per dollar you’d get for a rental car spend (as a non-Starwood purchase) on the Starwood Preferred Guest Credit Card from American Express. Even though I value Starpoints highly, I’ll always take 2.14 Chase Ultimate Rewards points over 1 Starpoint.
Unlike the SPG Amex, the Chase Sapphire Preferred also incurs no foreign transaction fees, and as part of its recent wave of benefit changes, the card now offers primary auto insurance coverage in the event of collision or damage to your rental car.
Sorry, SPG Amex, but you’ll have to come up with some pretty good perks to beat Chase Sapphire Preferred in the car rental department! Hopefully, we’ll see some benefit improvements from this card in the coming months.
Have any other questions? Please tweet me @thepointsguy, message me on Facebook, or send me an email at firstname.lastname@example.org. With great transfer partners like United and Hyatt, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game.
With great transfer partners like United and Hyatt, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game.