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  1. Credit Cards
  2. Chase Sapphire Preferred® Card
Chase

Chase Sapphire Preferred® Card

The Chase Sapphire Preferred Card is a versatile travel card built for everyday spenders who want flexible, high-value rewards without a high annual fee. It combines solid earnings on daily expenses like dining and gas with robust travel protections.

Welcome Offer
Earn 75,000 bonus points
Annual Fee
$95
Rec. Credit Score
Good
Good For
Everyday travel rewards
Learn MoreEstimate your value
Chase Sapphire Preferred® Card

MaxRewards has partnered with CardRatings for our coverage of credit card products. MaxRewards and CardRatings may receive a commission from card issuers.

Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.

Overview

Is the Chase Sapphire Preferred® Card worth it?

This card is great for...

Everyday dining and travel

Primary rental car insurance

Annual Chase Travel credits

For a modest $95 annual fee, the Chase Sapphire Preferred offers an easily justifiable package for casual and regular travelers. The $100 annual hotel credit through Chase Travel can completely offset the fee on its own. Beyond that, earning 3x points on dining, gas, online groceries, and streaming services means everyday spending quickly builds up a meaningful point balance. Points can be redeemed directly or transferred 1:1 to popular airline and hotel partners for even higher value.

The main trade-off is the absence of luxury perks like airport lounge access or elite status credits. Cardholders seeking airport lounge privileges might look toward premium travel cards, but for those who want strong point earnings and reliable travel protections like primary auto rental coverage, this card is a standout option.

MaxRewards

MaxRewards Verdict

This card is ideal for spenders who want rich travel protections and flexible points for a $95 fee, though it lacks luxury perks like airport lounge access.

Welcome Offer

Earn 75,000 bonus points

after you spend $5,000 on purchases in the first 3 months from account opening.

Est. Value

$1,125

Required Spend

$5,000

Time Frame

3 Months

Est. Value

$1,125

Required Spend

$5,000

Time Frame

3 Months

Earning

Rewards

You earn Chase Ultimate Rewards points across a mix of daily spending categories and travel bookings. Points can be transferred to partner loyalty programs or redeemed for travel, cash back, and gift cards.

CategoryRate

Travel (Chase Travel)

7.5%

Dining

4.5%

Gas, EV Charging

4.5%

Online Groceries (Excluding Walmart, Target, and Wholesale Clubs)

4.5%

Streaming Services

4.5%

Vacation Homes

4.5%

All Other Travel Purchases

3%

All Other Purchases

1.5%

Rewards percent based on a valuation of 1.5¢ per Ultimate Rewards point

Annual Credits & Perks

Benefits

A suite of built-in statement credits and comprehensive travel insurance helps offset the annual fee while protecting your trips and purchases.

BenefitAnnual value
$155.88
$120
$100
$30

Enrollment is required for select benefits.

Automatically track your credits with MaxRewards

Our app automatically tracks valuable credits so you don't miss any rewards.

Get the app
Chase Sapphire Preferred® CardDoordash non-restaurant promo
Autotracked
$0 of $10Every month

Benefits

Insurance

Auto Rental Collision Damage Waiver

Decline the rental company’s collision insurance and charge the entire rental cost to your card.  Coverage is primary and provides reimbursement up to $60,000 for theft and collision damage for most rental vehicles with an MSRP of $125,000 or less.


Purchase Protection

Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $500 per item.


Baggage Delay Insurance

Reimburses you up to $100 a day for up to 5 days for essential purchases like toiletries and clothing when baggage is delayed over 6 hours.


Extended Warranty Protection

Extends the time period of the manufacturer’s U.S. warranty by an additional year, on eligible warranties of three years or less, up to four years from the date of purchase.


Lost Luggage Reimbursement

Provides reimbursement up to $3,000 per covered traveler for the cost to repair or replace checked or carry-on baggage that is lost, damaged or stolen during a covered trip.

Benefits

Status & Access

Complimentary DashPass Membership

With DashPass, save on delivery fees on eligible orders from DoorDash and Caviar after activating by 12/31/27.

Benefits

Other

10% Anniversary Points Boost

The 10% Anniversary Points Bonus is being retired. You'll continue to earn towards your Points Bonus through October 1, 2026, and you will receive your last Points Bonus by January 31, 2027. To see your current 10% Anniversary Points Bonus, visit Rewards Activity.

Eligibility

Recommended Minimum Credit

Min: Good
Poor
Fair
Good
Excellent

Good credit or higher is recommended for this card.

Credit approval is not guaranteed. Meeting the recommended credit range does not ensure approval, and applicants with lower scores may still be considered.

Pricing

Rates & Fees

Annual Fee

$95

Purchase APR

19.24% - 27.49%

Variable

Transfer APR

19.24% - 27.49%

Variable

Cash Advance APR

28.49%

Variable

Foreign Transaction Fee

None

Balance Transfer

$5

Cash Advance

$10

Late Payment

None

For rates and fees of Chase Sapphire Preferred® Card, please visit the Chase website.

Questions

Frequently Asked Questions

Yes, which means you're unlikely to be approved if you've opened five or more credit cards across any issuer in the past 24 months. This is one of the most important eligibility factors to check before applying, since Chase typically declines applications automatically if you're over the limit regardless of your credit score or income.

The Chase Sapphire Preferred is widely considered one of the best travel rewards cards on the market. It has a straightforward earning structure, a relatively reasonable $95 annual fee, and access to Chase's transfer partners — giving beginners a taste of premium travel rewards without the complexity or cost of a higher-tier card. If you're new to travel rewards and want a card that grows with you, the Sapphire Preferred is a strong first choice.

Yes. One of the Sapphire Preferred's biggest strengths is its ability to transfer points to over a dozen airline and hotel loyalty programs at a 1:1 ratio, meaning 1,000 Chase points can become 1,000 partner miles/points. Popular transfer partners include World of Hyatt, United MileagePlus, Southwest Rapid Rewards, and Marriott Bonvoy. Transferring to travel partners is generally considered the best way to maximize point value.

The Sapphire Preferred and Reserve share the same transfer partners and point structure, but mainly differ in cost and perks. The Preferred has a $95 annual fee and is better suited for casual to moderate travelers, while the Reserve carries a higher annual fee but adds premium benefits like airport lounge access, a broader travel credit, and higher rewards rates suited for more frequent travelers.

Table of Contents

Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

Learn More

MaxRewards has partnered with CardRatings for our coverage of credit card products. MaxRewards and CardRatings may receive a commission from card issuers.

MaxRewards may receive a commission from card issuers. Some or all of the card offers that appear on MaxRewards are from advertisers and may impact how and where card products appear on the site. MaxRewards does not include all card companies or all available card offers. Compensation may be earned when a customer clicks on a link, when an application is approved, or when an account is opened.

Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.

Recognition

Featured in

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Other cards from Chase

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Sapphire Reserve for Business℠Sapphire Reserve for Business℠
Limited Time Offer

Earn 200,000 bonus points

Worth $3,000

After you spend $30,000 on purchases in your first 6 months from account opening and access more than $7,000 in total business and travel value in your first year.

  • 7.5%12%Airline Tickets (Chase Travel), Hotels (Including The Edit) (Chase Travel), Car Rentals (Chase Travel), Cruises (Chase Travel), Activities and Tours (Chase Travel)
  • 7.5%7.5%Lyft Rides
  • 7.5%6%Flights (Booked Direct), Hotels (Booked Direct)

Annual Fee

$795

Rec. Credit

Good

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Air Canada Aeroplan®Air Canada Aeroplan®

115,000 Points

Worth $1,610

After you spend $4,000 on purchases on your new card in your first 3 months of card membership.

  • 7.5%1.4%Everywhere

Annual Fee

$195

Rec. Credit

Excellent

View card details
Chase Sapphire Reserve®Chase Sapphire Reserve®

Earn 100,000 bonus points

Worth $1,500

After you spend $6,000 on purchases in the first 3 months from account opening.

  • 7.5%12%Purchases (Chase Travel), The Edit (Chase Travel)
  • 7.5%6%Flights (Booked Direct), Hotels (Booked Direct)
  • 7.5%4.5%Dining (Worldwide)

Annual Fee

$795

Rec. Credit

Excellent

View card details