In the interest of full disclosure, One Mile At A Time earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Please check out our advertiser policy for further details about the partners we work with. Thanks for your support!
Update: This offer is expired. You can find the current offer details here.
It looks like Chase has increased the sign-up bonus on the Chase Sapphire Preferred Card. Previously it was 40,000 Ultimate Rewards points after spending $4,000 within three months, while now you get an additional 5,000 Ultimate Rewards points when you add an authorized user to the card that makes a purchase within three months. So that’s a total of 45,000 Ultimate Rewards points with just $4,000 in spend! While the annual fee is $95, it’s waived for the first year.
Despite the devaluations to some Ultimate Rewards transfer partners, I still think this is the all around single best credit card out there, given that it offers:
- Double points on dining and travel
- No foreign transaction fees
So you’re earning one Ultimate Rewards points per dollar spent on all purchases, and two Ultimate Rewards points per dollar spent on dining and travel (and for what it’s worth they have a pretty liberal interpretation of travel, as it includes subway tickets, parking, etc.). Add that to the waived foreign transaction fees, and it’s a super-card, in my opinion.
Keep in mind that if you open the card now and complete the minimum spend fairly quickly you’ll still be able to transfer these miles to United and redeem them pre-devaluation. Their devaluation only kicks in for bookings made after February 1, 2014, and given how much award costs are going up in some markets, that could translate into quite a bit of value by getting this card now and making a redemption using the old rates.