If you have the Chase Sapphire Preferred, you can now refer friends for an 80,000 + $50 welcome bonus. Keep in mind that if you receive referral rewards, Chase may issue you a 1099-MISC tax form, and you may need to report it on next year’s tax return.
Chase Sapphire Preferred Credit Card
A very good travel credit card; includes a $100 annual hotel discount and free rental car insurance!
- Welcome bonus: 75,000 points (spend $5,000 in three months)
- Rewards: 5x on select travel; 3x on dining, streaming, gas and EV charging, ride sharing and shared lodging; 2x on other travel; 1X on everything else
- Redemption: Can be redeemed directly for cash; can transfer 1:1 to airline and hotel points; can be used at 1:1.25 toward travel purchases; worth 1.6 cents per point
- Annual fee: $95
- Apply now>>
