Source: The Points Guy
Summary
The Chase Sapphire Preferred and Capital One Venture Rewards are two popular travel credit cards with annual fees of less than $100. Both cards offer lucrative rewards, but the Sapphire Preferred has a more valuable welcome bonus, better benefits, and more earning potential. The Venture Rewards, on the other hand, offers a simpler earning rate and easy access to flat-rate redemptions.
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The escape is carefully planned.
Chase Sapphire Preferred and Capital One Venture Rewards offer travel rewards with annual fees under $100. Both cards have welcome bonuses, but the Sapphire Preferred’s is more valuable. The Sapphire Preferred also has better benefits, including primary rental car coverage and travel insurance. The Venture Rewards has a simpler earning rate and easy access to flat-rate redemptions. The Sapphire Preferred is generally recommended for its higher benefits and earning rates.
The trip promises a break from the ordinary, with a $120 statement credit for Global Entry, TSA PreCheck, or Nexus every four years.
Travel protections are kicked up a notch with the Sapphire Preferred, including primary rental car coverage and travel insurance.
Rewards can be redeemed for travel, gift cards, or cash back, but the redemption rates vary.
Points can be transferred to airline and hotel partners, but the transfer ratio for World of Hyatt is dropping from 1:1 to 4:3.
The Sapphire Preferred is recommended for its higher benefits and earning rates, but the Venture Rewards may be preferred for its simplicity.
Travel is a numbers game, and the Chase Sapphire Preferred is the clear winner.
