Chase offers a broad portfolio of credit cards tailored to suit various needs, from frequent travelers to everyday spenders. Renowned for their Ultimate Rewards program, Chase cards are designed to deliver value through competitive rewards rates, substantial sign-up bonuses, and versatile redemption options.
In this review, we’ll explore the top Chase credit cards, compare their features, and help you determine which one best fits your financial goals in 2024.
Best Chase Credit Cards in 2024
| Card | Bonus | Rewards Rate | Annual Fee | Learn More |
|---|---|---|---|---|
Chase Sapphire Preferred® Card |
60,000 points after $4,000 in purchases | 5x points on travel, 3x on dining | $95 | Learn More |
Chase Freedom Unlimited® |
$200 after $500 in purchases | 5% on travel, 1.5% on all other purchases | $0 | Learn More |
Chase Sapphire Reserve® |
60,000 points after $4,000 in purchases | 10x points on hotels, 3x on travel | $550 | Learn More |
Chase Sapphire Preferred® Card
Annual Fee: $95
Rewards: 5x points on travel through Chase Ultimate Rewards, 3x on dining, 2x on other travel, 1x on all other purchases
Sign-Up Bonus: 60,000 points after spending $4,000 in the first 3 months
Ideal For: Travelers seeking high-value rewards without a premium annual fee
This mid-tier travel card offers an excellent combination of travel rewards and flexibility. Points can be transferred to travel partners or redeemed through Chase Ultimate Rewards for 25% more value.
Chase Freedom Unlimited®
Annual Fee: $0
Rewards: 5% on travel through Chase Ultimate Rewards, 3% on dining and drugstores, 1.5% on all other purchases
Sign-Up Bonus: $200 after spending $500 in the first 3 months
Ideal For: Cashback enthusiasts looking for flexible rewards
The Chase Freedom Unlimited® is perfect for everyday spending. Its flat 1.5% cashback rate makes it easy to earn rewards, while also offering higher rates in specific categories like travel and dining.
Chase Sapphire Reserve®
Annual Fee: $550
Rewards: 10x points on hotels and car rentals booked through Chase, 5x on flights, 3x on other travel, and 1x on all other purchases
Sign-Up Bonus: 60,000 points after spending $4,000 in the first 3 months
Ideal For: High-spending travelers who want premium perks
Chase Sapphire Reserve® is packed with perks, including a $300 annual travel credit, Priority Pass airport lounge access, and more. It’s designed for those who prioritize travel luxury and want to maximize their rewards.
Hidden Fees & Interest Rates
When considering a Chase credit card, it’s important to be aware of potential fees:
- Annual Fees: Range from $0 to $550 depending on the card
- APR: Typically between 15.99% and 23.99%, based on creditworthiness
- Balance Transfer Fees: Generally 3% of the transferred amount
- Foreign Transaction Fees: Many Chase cards, like Sapphire Preferred® and Reserve®, have no foreign transaction fees, which is great for international travelers.
Understanding these fees can help you make an informed decision about which card aligns with your financial strategy.
Maximizing Chase Ultimate Rewards Points
One of the biggest draws to Chase credit cards is the Ultimate Rewards program. Here are some strategies to maximize your points:
- Transfer to Travel Partners: Points can be transferred to Chase’s 14 travel partners, including airlines like Southwest and United. This can offer a higher point value when booking flights or hotels.
- Redeem Through Chase Ultimate Rewards Portal: Redeeming points through the portal boosts their value by 25% with Sapphire Preferred® and by 50% with Sapphire Reserve®.
- Combine Points: If you hold multiple Chase cards, you can pool points from one card (such as the Freedom Unlimited®) into another (like the Sapphire Preferred®), which can increase their redemption value.
How to Choose the Right Chase Credit Card
Choosing the right Chase credit card depends on your spending habits and personal financial goals. Here’s a simple guide:
- For frequent travelers: The Chase Sapphire Preferred® or Sapphire Reserve® cards offer superior travel perks.
- For cashback enthusiasts: The Chase Freedom Unlimited® offers straightforward cashback on all purchases.
- For small business owners: The Chase Ink Business Preferred® is designed for those looking to earn rewards on business-related expenses.
By aligning your card selection with how you spend, you’ll ensure you’re maximizing the rewards and benefits that matter most.
Wrapping Up
Chase continues to lead the market with its extensive selection of credit cards, offering something for everyone. Whether you’re a frequent flyer, a cashback lover, or a business owner looking to maximize your spending, Chase has a card that fits your needs. With flexible rewards, valuable sign-up bonuses, and excellent travel perks, Chase cards are well worth considering in 2024.
Frequently Asked Questions (FAQs)
What credit score is needed for a Chase credit card?
To be approved for most Chase cards, you typically need a good to excellent credit score, ranging from 670 to 850.
How do I redeem Chase Ultimate Rewards points?
You can redeem Chase Ultimate Rewards points through the Chase portal for travel, cashback, gift cards, and more. You can also transfer points to travel partners.
Does Chase have any no-annual-fee credit cards?
Yes, the Chase Freedom Unlimited® and Chase Freedom Flex℠ both have no annual fee, making them excellent options for those who want to avoid extra costs while earning rewards.
