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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 credit card built for regular travelers and frequent diners seeking high-value rewards without a heavy annual fee. It combines strong point earnings on daily expenses with comprehensive travel safeguards, making it an excellent primary card for getaways and everyday purchases.

Welcome Offer
Earn 75,000 bonus points
Annual Fee
$95
Rec. Credit Score
Good
Good For
Mid-tier 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

Flexible point transfers

For a $95 annual fee, the Chase Sapphire Preferred easily delivers more value than it costs if you travel a few times a year and spend regularly on dining, gas, and online groceries. The $100 annual hotel credit through Chase Travel can completely cover the annual fee on its own, while built-in perks like primary rental car coverage and trip delay protection save you real money out of pocket.

Cardholders who prefer simple flat-rate rewards without tracking categories or those seeking airport lounge access may find a different card a better fit. However, for anyone looking to maximize transferable points through airline and hotel partners while keeping fixed fees low, this card provides exceptional long-term utility.

MaxRewards

MaxRewards Verdict

The Chase Sapphire Preferred is an ideal choice for travelers who want premium travel protections and flexible points without a high annual fee, though flat-rate cash-back seekers may want a simpler option.

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 Ultimate Rewards points that can be redeemed for travel, cash back, or transferred to partner airline and hotel programs, with elevated rates on travel, dining, gas, and online groceries.

CategoryRate

Travel (Chase Travel)

7.5%

Dining

4.5%

Gas & EV Charging

4.5%

Online Groceries

4.5%

Streaming Services

4.5%

Vacation Homes

4.5%

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

Beyond rewards, the card comes with annual travel credits, complimentary subscriptions, and a robust suite of purchase and trip protections that help offset the modest annual fee.

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.

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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 for eligible orders from DoorDash and Caviar.

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

19.49% - 27.74%

Variable

Transfer APR

19.49% - 27.74%

Variable

Cash Advance APR

28.74%

Variable

Foreign Transaction Fee

$0

Balance Transfer

Either $5 or 5% of the amount of each transfer, whichever is greater.

Cash Advance

Either $10 or 5% of the amount of each transaction, whichever is greater.

Late Payment

N/A

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

See all 49 cards
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.

  • 1.4%8xpoints on Chase Travel℠ for airline tickets, hotels, including The Edit℠, car rentals, cruises, activities and tours.
  • 1.4%5xtotal points on Lyft rides through 9/30/27.
  • 1.4%4xpoints on flights & hotels booked direct.

Annual Fee

$795

Rec. Credit

Good

View card details
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.

  • 1.4%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.

  • 1.4%8xpoints on all purchases through Chase Travel℠, including The Edit℠
  • 1.4%4xpoints on flights and hotels booked direct
  • 1.4%3xpoints on dining worldwide

Annual Fee

$795

Rec. Credit

Excellent

View card details