Pros

• +5% on rotating categories up to $1,500/quarter when activated
• +3% on dining and drugstores with no annual cap
• +5X on Chase Travel portal purchases
• +$0 annual fee with Mastercard World Elite benefits
• +Transfer points 1:1 to travel partners with Sapphire card

Cons

• −Must activate quarterly categories or miss 5% bonus
• −$1,500 quarterly cap on 5% categories ($300 max bonus/quarter)
• −3% foreign transaction fee
• −Points worth only 1 cent without Sapphire card pairing
• −Welcome bonus lower than Sapphire cards

Pros

• +5% on rotating categories up to $1,500/quarter when activated
• +3% on dining and drugstores with no annual cap
• +5X on Chase Travel portal purchases
• +$0 annual fee with Mastercard World Elite benefits
• +Transfer points 1:1 to travel partners with Sapphire card

Cons

• −Must activate quarterly categories or miss 5% bonus
• −$1,500 quarterly cap on 5% categories ($300 max bonus/quarter)
• −3% foreign transaction fee
• −Points worth only 1 cent without Sapphire card pairing
• −Welcome bonus lower than Sapphire cards

Pros

• +5% on rotating categories up to $1,500/quarter when activated
• +3% on dining and drugstores with no annual cap
• +5X on Chase Travel portal purchases
• +$0 annual fee with Mastercard World Elite benefits
• +Transfer points 1:1 to travel partners with Sapphire card

Cons

• −Must activate quarterly categories or miss 5% bonus
• −$1,500 quarterly cap on 5% categories ($300 max bonus/quarter)
• −3% foreign transaction fee
• −Points worth only 1 cent without Sapphire card pairing
• −Welcome bonus lower than Sapphire cards