Which Chase Card Is Best When You’re Starting With Points?

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In general, I tell most peeps to start with the Chase Sapphire Preferred. It’s the quintessential points card, even after all these years. And you can transfer the points you earn directly to airline and hotel partners at a 1:1 ratio – most of them instantly.

If you spend a lot in travel & dining, or if you want lounge access, spring for the Chase Sapphire Reserve. Here’s how to find the break even point with the annual fees ($95 for the Preferred and $450 for the Reserve, but you get a $300 annual travel credit).

which chase card is best

I transferred Chase points to Hyatt to stay 3 free nights at the Hyatt Ziva Puerto Vallarta

Already have one or the other? Then get the Freedom or Freedom Unlimited. The only difference is the bonus categories. Freedom has 5% rotating quarterly categories. Freedom Unlimited earns 1.5 points per $1 spent – and you can combine the points with your Sapphire card points. So they’re an easy way to boost your Ultimate Rewards points balance fast. And both cards have a $0 annual fee!

If you’re looking for a small business card, get the Ink Business Preferred or Ink Business Cash. The former earns points that transfer directly to travel partners and has a $95 annual fee; the latter requires you to have a premium Chase card to access travel partners, but a $0 annual fee.

If you just want to earn cashback, spring for any of the cards with a $0 annual fee (Freedom, Freedom Unlimited, or Ink Business Cash).

But to get awesome travel (think international Business Class flights, upscale hotels, and cheap flights to Hawaii), you want one of the annual fee cards (Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred). The annual fees are worth it for the huge travel savings you can get. It’s how I got a $2,000+ Mexican vacation for $90!

Which Chase card? Here’s a flowchart

All the information summarized in a flowchart (click to enlarge):

which chase card is best

How to decide which Chase card to get

*AF = annual fee

“Transfer” in the chart means if the card earns points you can transfer directly to travel partners. Here’s how that works and which partners you can access:

Pair Chase cards to earn even more points

Of course, ALL of these cards are subject to Chase’s 5/24 rule. That means if you’ve opened 5+ cards from any bank in the past 24 months, you will likely NOT be approved (although some small business credit cards don’t count).

And because Chase has the best travel rewards cards on the market, you want to get as many as you can before you hit that limit. Because after that… you’re basically locked out from getting most Chase cards (with a few exceptions for some co-branded cards).

Sapphire Preferred or Reserve?

Chase Sapphire Preferred60,000 Chase Ultimate Rewards points
• 2X Chase Ultimate Rewards points per $1 spent on travel & dining

• 1X Chase Ultimate Rewards points per $1 spent on all other purchases
• $95 annual fee• $4,000 on purchases in the first 3 months from account opening
• The best card for beginners• Compare it here
Chase Sapphire Reserve50,000 Chase Ultimate Rewards points
• $450 annual fee• $4,000 on purchases in the first 3 months from account opening
• Why this is my favorite card for travel and dining• Compare it here

The Sapphire Reserve has a $450 annual fee. Woof, right?

But consider you get:

  • $300 annual travel credit per cardmember year
  • Unlimited visits to Priority Pass airport lounges
  • 3X points on travel & dining

The $300 travel credit alone brings the annual fee down to $150, assuming you’re going to spend on travel anyway.

I visited the Wingtips Lounge at JFK Terminal 4 before a Virgin Atlantic flight for free with my Priority Pass

In that light, $150 isn’t much more than the $95 annual fee on the Sapphire Preferred – plus you earn 3X on travel & dining (as opposed to 2X) and get a Priority Pass Select membership, which is incredibly useful if you don’t already have one.

But if you don’t want to commit to the bigger annual fee, the Sapphire Preferred is still the best card for beginners.

Do you prefer cashback?

Chase Freedom15,000 Chase Ultimate Rewards points
• $0 annual fee• $500 on purchases in the first 3 months from account opening
• Excellent rotating 5X categories every quarter
• A great first Chase card
• Compare it here
Chase Freedom Unlimited3% cash back on all purchases in your first year on up to $20,000 spent
That's up to 60,000 Chase Ultimate Rewards points with the promotional offer!
• $0 annual feeAfter, earn unlimited 1.5% cash back on all purchases
• Great for everyday spending• Compare it here

The Freedom and Freedom Unlimited are both excellent supplements to either Sapphire card. Because you can combine all your points and send them to travel partners.

But, if you really just want to earn cashback, I’d go with the Freedom over the Freedom Unlimited. Only reason being there are 2% cashback cards out there, so you can do better than Freedom Unlimited’s 1.5% cashback rate.

Past quarters on the Chase Freedom included useful categories like Amazon shopping

A curveball

And if you like 5% bonus categories, oh man, consider the Discover It!

The only reason to get the Freedom instead is if you think you might want to add another Chase card in the future. Or do what I did, and get both! 😸

To be honest, the bonus categories are usually broad and easy to use. I like saving money, so having both helps me maximize. Both cards have a $0 annual fee, so they’re free to have and keep. Very little risk and tons of savings to be had. I get back over $2,000 a year with the Discover It alone!

Want a card for your small business?

Chase Ink Business Preferred80,000 Chase Ultimate Rewards points
• 3 Chase Ultimate Rewards points per $1 on the first $150,000 spent on travel, shipping purchases, internet, cable and phone services, advertising purchases made with social media sites, and search engines each account anniversary year

• 1 Chase Ultimate Rewards point per $1 on all other purchases
• $95 annual fee• $5,000 on purchases in the first 3 months from account opening
• Amazing small biz card with best-ever offer right now• Compare it here
Chase Ink Business Cash50,000 Chase Ultimate Rewards points
• $0 annual fee• $3,000 on purchases in the first 3 months from account opening
• Earn 5X Chase points on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year

• Earn 2X Chase points on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year

• Excellent 5X categories and best-ever offer right now
• Compare it here

If you want a small business card, the Ink Business cards are both excellent. But the bonus categories and annual fees are very different.

With the Ink Business Preferred, you earn 3X points on the first $150,000 spent in combined purchases in the following categories each account anniversary year in:

  • Travel
  • Shipping
  • Internet
  • Cable
  • Phone services
  • Advertising

And 1X everywhere else. There’s a $95 annual fee.

You can buy a ton of stuff at office supply stores. Or you might spend more on advertising or shipping

With the Ink Business Cash, you earn 5X points on the first $25,000 spent in combined purchases for:

  • Office supply stores
  • Internet
  • Cable
  • Phone services

And 1X everywhere else. There is NO annual fee on this card.

So evaluate which categories are most useful and how much you spend in them per year. You can’t go wrong with either – it comes down to how useful the bonus categories are for you.

Don’t forget the signup bonus!

All of these cards have nice bonuses when you meet the minimum spending requirements.

It’s always nice to earn extra points when you open a card. But it’s worth considering the minimum spending, too. Right now, both Ink cards have best-ever welcome offers. So it’s definitely a good time to pick up either of those.

The bonus and minimum spending on the Sapphire cards are the same – so it’s really about which card is better for your spending habits. Ditto for the Freedom cards.

Bottom line

Chase cards are a huge part of every points collector’s wallet for ongoing spending. Here are links to learn more about each of the Ultimate Rewards cards:

Again, I usually recommend starting with a Sapphire Card, adding a Freedom or Freedom Unlimited (or both!), then a small business card. Everyone has different goals, but all of these cards are a great place to start. And actually, the best place to start – because once you open 5 cards in a 2-year period, you can’t get them any more.

* If you liked this post, consider signing up to receive free blog posts in an RSS reader and you’ll never miss an update! And thanks for using my links to apply for new card offers!

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About Harlan

Just a dude living in Dallas.

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