Chase Sapphire Preferred Dining Points Guide

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The Chase Sapphire Preferred card is a great choice for foodies and travelers alike, offering a generous dining points program that rewards users for their everyday purchases.

You can earn 2X points on dining purchases, including takeout and delivery, which is a great perk for those who love eating out.

With a minimum of $95 annual fee, the card offers a range of benefits that make it well worth the cost.

The 60,000-point sign-up bonus, after spending $4,000 in the first 3 months, is a great incentive to get started.

What Counts as Purchases?

When you're earning points with your Chase Sapphire Preferred card, it's essential to understand what counts as a purchase. Bars and breweries are considered dining purchases, which means you'll earn points on your tabs.

You can also earn points at cafes, coffee shops, and restaurants. And if you're a student, university dining halls are also included. But what about food delivery services? You'll earn points on orders from Caviar, DoorDash, Eat24, Grubhub, and Seamless, but not Postmates.

If you're grabbing a quick bite, fast food restaurants and juiceries also qualify as dining purchases. And if you're in a pinch, vending machines are also included.

Understanding the Program

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The Chase Sapphire Preferred Dining Points program is a valuable addition to your rewards arsenal.

With this program, you can earn points for dining purchases, which can be redeemed for travel and other rewards.

The program is particularly beneficial when paired with the Chase Sapphire Reserve, as it increases the value of your points.

Redemptions on travel purchases through the Ultimate Rewards Portal are worth 1.5 cents per point, the highest value for travel redemption in the Chase game.

This value is also applied to redemptions through the Chase Dining program, making dining and travel points worth more with a Chase Sapphire Reserve card.

The earning potential and points redemption value of the Chase Dining program make it a worthwhile addition to your rewards strategy.

Benefits and Limitations

The Chase Sapphire Preferred card offers a valuable rewards program, but it's essential to understand its limitations.

The Chase Sapphire Reserve is a valuable card for those who use it primarily for travel.

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One limitation of the Chase Sapphire Preferred card is that it's not ideal for everyday spending.

The Chase Sapphire Reserve is a valuable card for those who use it primarily for travel, but there are a few other categories that are worth checking out when it comes to Ultimate Rewards points and their value.

You can maximize your rewards by using your Chase Sapphire Preferred card for travel and dining purchases, as these categories offer the best value.

The Chase Sapphire Reserve is a valuable card for those who use it primarily for travel, but there are a few other categories that are worth checking out when it comes to Ultimate Rewards points and their value.

Rewards and Earning

Earning rewards through the Chase Sapphire Preferred card is a great way to maximize your dining points. You'll earn 10 points per dollar on dining purchases made through Chase Ultimate Rewards.

You'll also get 3 points per dollar on all other dining purchases worldwide. This is a significant difference in earnings, so make sure to dine through the Chase portal to get the most rewards.

With TPG's August 2024 valuations placing Chase points at 2.05 cents apiece, you'll essentially be getting a 20.5% return on all dining purchases made through Ultimate Rewards.

Experiences

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Chase Dining offers exclusive experiences to cardholders, including high-end reservations at hard-to-reach venues and private dining events with multiple-course tasting menus.

Cardholders can access reservations at upscale restaurants and participate in private dining events through the Chase Dining portal. These events are often hosted by celebrated chefs and offer a unique culinary experience.

One of the exclusive Chase Dining Experiences is Dinner on the Court, open only to people with a Chase Sapphire Reserve. These events have been held at popular basketball arenas, including Madison Square Garden in New York City and Chase Center in San Francisco.

Dinner on the Court events typically range between $250 to $300 or 25,000 to 30,000 Chase Ultimate Rewards points. The events offer a four-course menu from renowned chefs, such as Brandon Jew, owner of the Michelin-starred restaurant, Mister Jiu's.

Chase Experiences also includes access to at-home digital events, plus takeout and delivery options. These virtual experiences are hosted by celebrated chefs and allow participants to learn new recipes and cooking techniques from the comfort of their own homes.

Earning 10 Points Per Dollar

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Earning 10 points per dollar is a game-changer with the Chase Sapphire Reserve. You'll earn 10 points per dollar on dining purchases made through Chase Ultimate Rewards, which is a huge difference from earning 3 points per dollar on all other dining purchases worldwide.

The Chase Ultimate Rewards portal is your key to unlocking this earning potential. By logging in to your Chase account, you'll gain access to prepaid reservations, takeout, delivery, and more.

To maximize your rewards, make sure to dine through the Chase portal. This will ensure you earn 10 points per dollar on your next big dining outing or takeout night in.

Chase points are valued at 2.05 cents apiece, according to TPG's August 2024 valuations. This means you'll essentially get a 20.5% return on all dining purchases made through Ultimate Rewards.

Booking dining experiences through the portal is easy. Simply log in to your Chase Ultimate Rewards account, hover over the "Shopping and Experiences" tab, and click "Explore dining" to see your current options.

Requires Pre-paid Reservations

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To earn the 10X return on purchases made with your card, you must prepay for reservations through Chase Dining. This is a crucial step, as it's the only way to qualify for the 10X point bonus.

Prepaying for reservations is a permanent feature of the card, and it's the only way to get the 10X point bonus. If you can't prepay, you'll still earn 3X points when you swipe your card at the restaurant.

Only prepaid bookings are eligible for the 10X point bonus, so make sure to follow this step to maximize your rewards.

Using Rewards

You can earn 3X points on all eligible dining purchases with the Chase Sapphire Preferred card, just like the Chase Sapphire Reserve card, but without the annual fee.

To maximize your rewards, make sure to book your dining experiences through the Chase Dining portal, which offers a repository of top restaurants in your area.

If you're a Chase Sapphire Reserve cardholder, you can earn 10X points per dollar spent on purchases booked through the Chase Dining portal, but only if you book prepaid.

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Chase Sapphire Reserve cardholders can redeem their points for travel through the Chase Ultimate Rewards portal, where they're worth 50% more.

You can also redeem your points for gift cards, cash back, or purchases at select retailers, but this may not be the most valuable option.

To earn the 10X rate, you need to book prepaid restaurant experiences through the Chase Dining portal, so be sure to search for restaurants that offer this option.

The Bottom Line

Chase's Sapphire Reserve and Sapphire Preferred cardholders can earn 3 Ultimate Rewards points per dollar spent on dining purchases.

That's a return of up to 6.15% on these purchases, based on TPG's valuations.

You can earn even more rewards by linking your card with dining rewards programs, such as Rakuten or Seated.

Alexander Kassulke

Lead Assigning Editor

Alexander Kassulke serves as a seasoned Assigning Editor, guiding the content strategy and ensuring a robust coverage of financial markets. His expertise lies in technical analysis, particularly in dissecting indicators that shape market trends. Under his leadership, the publication has expanded its analytical depth, offering readers insightful perspectives on complex financial metrics.

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