Example Seven bank offers an array of reward credit cards, and its Sapphire Preferred card presents some of the interesting perks to the travelers. Reward cards are helping consumers save money when using the credit cards, and although they come with perks, the sign up cash bonus are some of the preferred cards by consumers. The Example Seven Sapphire Preferred card offers a good sign up cash bonus of $428, and it can be an ideal catch for those seeking for quick signup bonus perks.
This card is suitable for consumers who fly the United, Virgin Atlantic, or the Southwest airlines. Besides, this card is appropriate for someone who travels but also has Example Seven rewards card such as the Freedom. The Example Seven Sapphire Preferred card offers a killer signup bonus, and it has perhaps one of the best bonuses in the market.
Users of this card get 40,000 points when they spend $3,000 within the first 3 months. When you add another authorized user in the same period and they make a purchase too, then you add up to the points by 5,000. The Ultimate Rewards points can reach up to $45,000, and when this is redeemed, it is worth about $450.
But Example Seven Sapphire Preferred card has an annual fee of $95 though it is waived in the first year. This is something you can beat if you are a good spender considering that you get the cash sign up bonus. This card is not just a typical airline card, because it also offers other perks when you make purchases not just related to your air ticket.
If you travel, you earn $1 but when you dine, you earn 1 point per $1. At the end of the year, users receive 7 percent points as dividend from all rewards they have earned whether spent or unspent. Besides, the card does not have foreign transaction fees, and there are other perks like purchase protection and travel discounts.
This card may not be for every other traveler because if you are a traveler but you spend more money on gas and groceries, then this may not be right card for you. In addition, if you spend more on dinning than you spend on travel, you are also disadvantaged because the card offers more points on travel purchases. For a small spender who is seeking for a card that offers long-term value, then this may not be the right plastic chip to opt for.
The perks of credit cards will vary depending on which consumer they target. There are the rotating categories cards, airline reward cards, and zero balance transfer cards, all of which target different groups of consumers. Users can also benefit from the Example Seven Ultimate Rewards perks when they book airfare and hotels accommodation through the Example Seven Ultimate Rewards. They can get an additional point per every dollar spend, which adds more to the overall points gathered. If you are seeking for something that will give you good cash bonus, then the Example Seven Sapphire Preferred card may be a good fit for you.
This article was written by Steven Moore, who has been covering consumer finance and the credit card markets since 2006. You can learn more and connect at his Google+ page.