 TITLE: What Is a Preferred Credit Card? CONTENT: *   Chase Sapphire Preferred® Card: This card is good for those seeking travel rewards they can put toward trips. While it charges a $95 annual fee, it also has a robust rewards program and large introductory bonus and offers many premium benefits such as purchase protection and trip or baggage delay insurance. Cardholders earn 3 points per dollar spent on dining, 2 points per dollar spent on travel, and 1 point per dollar on all other eligible purchases. Points can be redeemed for statement credits at a rate of 1 cent apiece, or at a slightly higher rate through the Chase Ultimate Rewards portal, where you'll find a variety of rewards, including flights and hotels. This card doesn't charge foreign transaction fees, which is ideal for international travelers. END