Chase Sapphire(SM) Card

From the CompareCards.com Editorial Team:

The Chase Sapphire rewards card is an exceptionally user-friendly card that not only has no annual fee but also has none of the other restrictions that are so common with travel rewards cards. You can earn 10,000 bonus points for signing up and spending $500 on the card within the first three months, too, which is equivalent to about $100 in extra value.

With the Chase Sapphire there are no caps or limits on how much you can earn in terms of your rewards, and your points don’t expire as long as you keep the card account open. Neither are there any annoying travel restrictions or blackout dates, so you can earn as many travel rewards as possible and then book travel without lots of rules and regulations that limit your possibilities. Points can be redeemed for any flight, any hotel, or any location, making them highly flexible and useful.

You can also redeem points for merchandise, gift cards or cash back, and you earn twice as many points when you book airfare and hotel accommodations through Ultimate Rewards, the card’s official rewards program partner.

The APR is approximately 12.24%, and that usually depends upon your credit rating – with penalty rates or overdraft rates going as high as 29.99%. But that’s the case with virtually any card, so if you pay your bills on time and don’t go over your limit then the APR is a competitive and reasonable one.

The Bottom-Line
The Chase Sapphire is a good rewards card with ultimate flexibility and the chance to earn bonus rewards while paying no annual fee.

The Good
You can get a 10,000 point bonus for signing up and spending $500 within the first three months, plus there are no caps on points, no expiration dates, and no blackout dates or other kinds of extraneous restrictions. There is also no annual fee.

The Not So Good
There is not much that is not so good with this card, although some rewards programs offer more robust ways to earn more points per dollar spent.