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Chase

Chase Sapphire Preferred® Credit Card

TravelDiningGroceryExcellent CreditIntro OfferNo Foreign Transaction FeesHotelAirlineCash Back

Key Features

Annual Fee$95.00
Regular APR
19.24Min. of (6.75+12.49) and 29.99%–27.49Min. of (6.75+20.74) and 29.99% variable APR.
Read the full review
Best for those with
Good Credit

About this card

The Chase Sapphire Preferred earns an overall rating of 4.3 out of 5.0, reflecting its position as a leading travel rewards card. Its strengths lie in the robust rewards program, valuable travel benefits, and strong reputation, while the APR remains a notable weakness. The card’s generous sign-up bonus, solid earning rates on travel and dining, and valuable redemption options through Chase Ultimate Rewards contribute significantly to its high score. Additionally, the absence of foreign transaction fees, inclusion of travel insurance benefits, and Chase's strong brand further enhance its appeal. The annual fee is well-justified by the potential value of rewards and benefits, making it an excellent choice for individuals with good to excellent credit who seek a well-rounded travel rewards card. The card's high rewards rating (4.4) and fees rating (4.2) coupled with its high reputation weigh more than the APR rating, which is a factor for those who carry a balance, but less relevant for users who pay their bill in full each month.

4.3
Overall Rating

Pros & Cons

What's great

  • Generous sign-up bonus
  • High rewards rate
  • Transfer partners
  • No foreign transaction fees
  • Luxury perks
  • Automatic elite status

Things to consider

  • Annual fee
  • High regular APR

What this card offers

Sign-up bonuses

  • Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.

Rewards

  • Earn 5x total points on travel purchased through Chase TravelSM, excluding hotel purchases that qualify for the $50 Annual Chase Travel Hotel Credit.
  • Earn 3x points on dining, including eligible delivery services, takeout and dining out.
  • Earn 2x on other travel purchases.
  • Earn 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs).
  • Earn 3x points on select streaming services.
  • Earn 1 point per dollar spent on all other purchases.
  • Plus, each account anniversary you'll earn bonus points equal to 10% of your total purchases made the previous year. That means if you spend $25,000 on purchases, you'll get 2,500 bonus points.
  • Earn 5x total points on Lyft rides with your Chase Sapphire Preferred card through September 30, 2027.
  • Earn 5x total points on eligible Peloton equipment and accessory purchases over $150 through December 31, 2027.

Other features

  • $50 Annual Chase TravelSM Hotel Credit
  • Earn up to $50 in statement credits each account anniversary year for hotel stays purchased through Chase Travel.
  • Over $200 in partnership benefit value
  • Chase Pay Over Time
  • Eligible cardmembers can break up card purchases of $100 or more into fixed monthly payments with Chase Pay Over Time®. No interest, just a fixed monthly fee.
  • 1:1 Point Transfer
  • Are you a member of a frequent travel program? With Chase Sapphire Preferred®, you can transfer your points to leading frequent travel programs at 1 to 1 value.
  • Airline Travel Partners
  • Aer Lingus, AerClub
  • Air Canada Aeroplan
  • British Airways Executive Club
  • Flying Blue AIR FRANCE KLM
  • Iberia Plus
  • JetBlue TrueBlue
  • Singapore Airlines KrisFlyer
  • Southwest Airlines Rapid Rewards®
  • United MileagePlus®
  • Virgin Atlantic Flying Club
  • Hotel Travel Partners
  • IHG® Rewards Club
  • Marriott Bonvoy®
  • World of Hyatt®
  • Trip Cancellation and Interruption Insurance
  • If your trip is canceled or cut short by sickness, severe weather or other covered situations, you can be reimbursed up to $10,000 per covered traveler and $20,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours, and hotels.
  • 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.
  • Travel and Emergency Assistance
  • If you run into a problem while traveling away from home, this benefit provides legal and medical referrals and access to other travel and emergency assistance services. (You will be responsible for the cost of any goods or services obtained.)
  • Purchase Protection
  • Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $500 per item.
  • Auto Rental Coverage
  • 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.
  • Trip Delay Reimbursement
  • If your common carrier travel is delayed more than 12 hours or requires an overnight stay, you are covered for unreimbursed expenses, such as meals and lodging, up to $500 per covered traveler.
  • 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.
  • No foreign transaction fees
  • You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
  • 24/7 Access to a Customer Service Specialist
  • Enjoy 24/7 access to a customer service specialist from virtually anywhere in the world.
  • Apply for a card, use it the same day
  • Receive instant access to your card by adding it to a digital wallet, like Apple Pay, Google Pay or Samsung Pay.
  • DoorDash DashPass benefits
  • Get a complimentary DashPass membership, a $120 value for 12 months. Enjoy $0 delivery fees and reduced service fees on eligible DoorDash orders when you activate by December 31, 2027.
  • Plus, DashPass members get a $10 promo each month ($120 annually) to save on groceries, retail orders, and more through December 31, 2027.
  • Refer friends if you already have a Chase Sapphire Preferred® Card!
  • Earn up to 100,000 bonus points per year. You can earn 15,000 bonus points for each friend who gets any participating Chase Sapphire® credit card.

Additional Notes

Offers may vary depending on where you apply, for example online or in a branch, and can change over time. This credit card is unavailable to you if you currently have this card open. The new cardmember bonus may not be available to you if you previously held this card or received a new cardmember bonus for this card. We may also consider the number of cards you have opened and closed, in determining your bonus eligibility.

Ratings

4.8
4.4
4.4
1.5
4.2
Chase Sapphire Preferred® Credit Card Review | Creditminds