Prime Day shoppers: Should you pick the Chase Sapphire Preferred over the Prime Visa?

CNBC Top News ·

Prime Day shoppers: Should you pick the Chase Sapphire Preferred over the Prime Visa?

Another Prime Day is upon us, and if you're like me, you're working overtime to figure out every possible way to stack savings. …

Another Prime Day is upon us, and if you're like me, you're working overtime to figure out every possible way to stack savings. Comparing current discounts to historical prices with a site like CamelCamelCamel is essential, but looking at your credit cards is a low-lift way to maximize your return. It can even make sense to open a new rewards credit card to take advantage of a large welcome bonus or earn a better return on Amazon purchases. The Prime Visa (see rates and fees) is an obvious candidate for a lot of reasons. But if you look at the bigger picture, it may not make sense to apply for such a niche card, especially when there are options to earn a welcome bonus worth at least five times as much with a card like the Chase Sapphire Preferred® Card (see rates and fees ). Why the Sapphire Preferred offers more value (long-term) The Sapphire Preferred is a top travel credit card , but it can provide tons of value even if you're not a frequent flyer. It currently features one of the best welcome bonuses available with any card. Plus, it has a generous rewards scheme and top-notch built-in insurance benefits. All-time high welcome offer The Sapphire Preferred and Prime Visa both currently have limited-time welcome bonuses, which is typically when it's best to apply for any card. The Prime Visa is offering a $200 Amazon Gift Card after approval, exclusively for Prime members. …

Original source: CNBC Top News

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