5 reasons the decade-old Chase Sapphire Preferred is still a powerhouse within the increasingly competitive credit card space

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The Chase Sapphire Preferred has been around for more than a decade, but it's still a powerhouse in the rewards credit card space

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The Chase Sapphire Preferred Card is one of the most popular rewards credit cards available — despite an increasingly competitive credit card rewards space — and it's easy to see why. With a sign-up bonus of 60,000 Chase Ultimate Rewards points — the highest ever — generous rewards, and a low annual fee, the card offers significant ongoing value. The sign-up bonus gives the Preferred an edge over the popular Chase Sapphire Reserve, at least for the first year.

The Chase Sapphire Preferred Card is one of the most popular rewards credit cards available — despite an increasingly competitive credit card rewards space — and it's easy to see why. With a sign-up bonus of 60,000 Chase Ultimate Rewards points — the highest ever — generous rewards, and a low annual fee, the card offers significant ongoing value. The sign-up bonus gives the Preferred an edge over the popular Chase Sapphire Reserve, at least for the first year.

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