Maybe you don’t want to sign-up for 10+ credit cards. Or are apprehensive about meeting the spending thresholds for the sign-up bonuses. Or don’t want to bother trying to remember which card is best to use for groceries, gas, dining, etc.
I get it. Playing the points game can be super complicated. So let’s just start with one card.
One Credit Card
Chase Sapphire Preferred card
If you want to ease into points, I recommend applying for the Chase Sapphire Preferred credit card. The CSP card is great for a number of reasons:
- $95 annual fee is waived the first year
- Solid sign-up bonus (potentially 60,000 Ultimate Rewards points after spending $4,000 on card within first three months)
- 5,000 additional Ultimate Rewards points after adding an authorized user
- 2x points on travel and dining
- No foreign transaction fees
After meeting the minimum spending threshold for the sign-up bonus and adding authorized user, you’ll have roughly 70,000 Ultimate Rewards points. That’s good for two roundtrip economy flights to Ireland with British Airways miles, a one-way business class flight to Europe/Argentina/Chile with United miles, and almost enough (10,000 more points needed) to fly one-way in first class to Seoul with Korean Air miles.
The Chase Sapphire Preferred is also a great way to top off your existing frequent flyer accounts. Especially since the amount of miles we infrequent flyers likely have (let me guess… 10,000-40,000?) is never going to be enough to redeem the type of high-value business class redemptions that we all read about. Transferring the 70,000 Ultimate Rewards points to your United or British Airways frequent flyer account will make those kinds of rewards much more attainable.
*Click here using our referral link to sign up for the Chase Sapphire Preferred card and get started on your own credit card points journey!*
1. “I’m Nervous”