Do These 6 Things When You Get Your Chase Sapphire Preferred® Card

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The Chase Sapphire Preferred card is one of the most popular and best-marketed travel rewards card on the market — and for good reason. The card offers an excellent earning rate of 2x points per $1 on all travel and dining purchases, flexible point redemption options, no foreign transaction fees, and great travel insurance coverage, all for a reasonable annual fee.

So if you were recently approved for the Chase Sapphire Preferred card, here are 6 things you will want to do first.

Chase Sapphire Preferred Card Overview

Before we jump into all the details, here’s a quick card overview:

The Chase Sapphire Preferred card comes with great benefits including travel insurance coverage. If you’re interested, see if the Chase Sapphire Preferred is really worth it.

Now here’s what you should do first when your new card arrives.

1. Activate Your DoorDash DashPass

DoorDash DashPass
Image Credit: DoorDash

A brand new benefit to the Chase Sapphire Preferred card is a DashPass membership valued at $9.99 a month, good through December 31, 2021.

If you’re not already familiar, a DashPass membership, from the food delivery service DoorDash, gives customers $0 delivery fees and reduced service fees on orders over $12 from eligible restaurants.

To set up your DashPass membership, all you have to do is add your Chase Sapphire Preferred card as a payment method on your DoorDash account — once you do so the app will automatically offer you a DashPass membership.

2. Set Your Card as Your Preferred Payment Method for Rideshares

If you haven’t already, make sure you set your Chase Sapphire Preferred card as your preferred payment method with your favorite rideshare apps, where you will earn 2x Ultimate Rewards points per $1 spent with Uber and 5x Ultimate Rewards per $1 with Lyft.

update: Chase Sapphire Preferred cardholders will also earn 3x points per dollar at grocery stores, up to $1,500 per month, through June 30, 2020.

3. Keep Yourself Covered With Travel Protections

Your Chase Sapphire Preferred card comes with quite a few benefits to keep you insured while traveling. You’ll receive:

  • Primary Rental Car Insurance — When you charge your rental to your Chase Sapphire Preferred card you won’t need to file a claim with your personal auto insurance if you damage the car.
  • Trip Delay Insurance — Receive reimbursements of up to $500 per ticket if your flight is delayed 12 hours or requires an overnight stay. This includes items like lodging, food, etc.
  • Trip Cancellation and Interruption Insurance — If you need to cancel a trip due to illness, severe weather, or any other covered circumstance, you’ll receive a reimbursement of up to $10,000 in non-refundable travel expenses if you need to cancel your trip or end it early.
  • Baggage Delay Insurance — If your checked baggage is delayed more than 6 hours, you’ll receive $100 in reimbursements for essential items per day for up to 5 days.
  • Travel Accident Insurance — In the case of accidental death or loss of speech, sight, or hearing during your travels, you can receive up to $500,000 when the incident happens on a common carrier (airline, cruise ship, etc.) or $100,000 at any other part of your trip.

4. Use Your Sapphire Preferred for Purchases That Need Protecting

Broken Television Insured Chase Sapphire Preferred
Image Credit: Andrey_Popov via Shutterstock

Planning on making an expensive purchase with your Chase Sapphire Preferred card? Your card will keep you protected from any damage, loss, or theft of that item for 120 days after you purchase it. Cardholders can claim up to $500 in reimbursement per claim, and claim up to $50,000 per year.

The benefits don’t stop there, though — you’ll also receive a 1-year extended warranty on all purchases you make with the card when the included warranty expires. You can receive up to $10,000 per claim and have up to $50,000 in claims per account.

Bottom Line: Read our guide to Chase Price and Purchase Protection Benefits to understand these benefits so that you can take action if you need to file a claim.

5. Pool Your Points

Are you already using other cards that earn Ultimate Rewards points, like the Chase Freedom® card or Chase Freedom Unlimited® card? If so, you can now pool the points earned from those cards with your Chase Sapphire Preferred card.

Better yet, when you do so, your Ultimate Rewards points are worth more with your Chase Sapphire Preferred card — at least 25% more.

Chase gives you a value of 1.25 cents per point to your Ultimate Rewards points when you use them to book travel through the Chase Ultimate Rewards travel portal.

Update: Starting May 31, 2020, you can redeem your Chase Ultimate Rewards points at 1.25 cents per piece as a statement credit towards purchases at grocery stores, home improvement stores, and dining establishments until September 30, 2020

Your Chase Sapphire Preferred card also gives you the option to transfer your Ultimate Rewards points out to one of their airline or hotel partners, where you can then redeem them for first class flights and 5-star hotel stays!

6. Add Authorized Users

Do you have extra people that you’d like to share your card benefits with? Chase allows you to add authorized users to your Chase Sapphire Preferred card for free!

What benefits do authorized users receive? Well not as much as the primary cardholder does, but they will receive the purchase protection and travel insurance benefits, their own DoorDash DashPass membership, and earn points for their purchases that will be pooled into your account.

Final Thoughts

Keep in mind that there are many more benefits offered on the Chase Sapphire Preferred card, but by starting off with these 6 steps you will be well on your way to using your new card like a pro in no time.

Once you’ve got a nice stash of Ultimate Rewards points on your hands you’ll be ready to start using them for huge travel savings!


Frequently asked questions

Is the Chase Sapphire Preferred card worth it?

If you’re looking for a great travel rewards card, regularly spend money on travel, dining, and Lyfts and would value benefits like DoorDash perks and travel protections, then yes — this card is definitely worth having!

Is the Chase Sapphire Preferred card metal?

Yes — the Chase Sapphire Preferred card is metal with a blue finish.

Where can I transfer my Chase Ultimate Rewards points?

You can transfer your Ultimate Rewards points to the following travel partners:

  • Aer Lingus AerClub
  • Air France/KLM Flying Blue
  • British Airways Executive Club
  • Emirates Skywards
  • Iberia Plus
  • IHG Rewards Club
  • JetBlue TrueBlue
  • Marriott Bonvoy
  • Singapore Airlines KrisFlyer
  • Southwest Airlines Rapid Rewards
  • United MileagePlus
  • Virgin Atlantic Flying Club
  • World of Hyatt

Does the Chase Sapphire Preferred card have an annual fee?

Yes — the Chase Sapphire Preferred card has an annual fee of $95.

Does the Chase Sapphire Preferred card offer airport lounge access?

No — the Chase Sapphire Preferred card does not offer airport lounge access. That is a benefit offered from the Chase Sapphire Reserve card.

Jarrod West

About Jarrod West

Born and raised just outside of Cincinnati, Jarrod became fascinated with using points and miles as the perfect way to visit dream destinations without breaking the bank. Thanks to points and miles, Jarrod was able to spend 3 months traveling Europe financed nearly entirely with points and miles; while flying in premium cabins and staying in 5-star hotels along the way. To date, Jarrod has traveled to 16 countries and 22 US states.

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