These points are highly valuable since they transfer to14 different airline and hotel partners.
This helps me earn more rewards over time, which I typically redeem for travel expenses later on.
It’s also worth noting that the Sapphire Preferred doesn’t charge foreign transaction fees.
Once you’ve earned its bonus, stick around for the dining rewards.
Plus, 5% for hotels and car rentals booked through Capital One Travel.
That makes this card a good option for both dining in and ordering out from your favorite restaurant.
But that’s where the similarities end.
But the strategy only makes sense if you plan to pay your credit card off in full each month.
