This card was my first true miles and points card and remains a great beginner's option. The Chase Sapphire Preferred earns valuable Chase Ultimate Rewards points that can be transferred to 11 airlines and 3 hotel programs. The card also offers a welcome bonus, allowing you to earn points quickly. In addition, it earns bonus points on dining, online groceries, travel, and many other travel benefits. You get the full experience of a travel credit card, which offers all of this at an affordable $95 annual fee.