The card earns Chase Ultimate Rewards® points, a currency known for its flexibility. Cardholders earn 5x points on travel purchased through Chase Ultimate Rewards®, 2x points on all other travel purchases, 3x points on dining, select streaming services, and online grocery purchases (excluding Target, Walmart and wholesale clubs), and 1x point per dollar on all other purchases. These points can be redeemed for travel through the Chase portal, transferred to various airline and hotel partners, or used for cash back, although the value proposition is generally best when redeemed for travel.

New cardholders often receive a welcome bonus after meeting a spending requirement, which can significantly boost their points balance. The card also offers travel protections like trip cancellation/interruption insurance, auto rental collision damage waiver, and baggage delay insurance, providing peace of mind during trips. While it doesn’t have the premium perks of its more expensive sibling, the Chase Sapphire Reserve®, it offers a compelling value proposition for those seeking a well-rounded travel credit card without a hefty annual fee.