Chase Sapphire Preferred review

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Advertiser Disclosure

Interest Rate: Purchases
18.24% ‐ 25.24% (0% for the first 12 months)
Balance Transfer
18.24% ‐ 25.24%
Rewards
1 - 2 points
Signup Bonus
60000 points (after spending $4,000)


8.8/10
Informr score
The Chase Sapphire Preferred currently has an Informr score of 8.8 out of 10. This score is based on our evaluation of 38 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Chase Sapphire Preferred is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


The Wirecutter

The Preferred is an unremarkable card, but what it does offer is solid: decent travel and dining rewards and a hefty intro bonus.

- Taylor Tepper, The Wirecutter
CreditCards.com

The Chase Sapphire Preferred card offers valuable rewards for frequent travelers, as well as the potential for savvy rewards card users to glean some extra value out of their rewards.

- Robin Ratcliff, CreditCards.com
Money Crashers

A great travel rewards credit card for moderate- to heavy-spending frequent travelers and diners out. The $95 annual fee is likely to turn off thrifty applicants, but the generous rewards program (including a 25% bonus on qualifying travel redemptions) and huge sign-up bonus offsets its cost for act...

- Brian Martucci, Money Crashers
Cardcruncher

The Chase Sapphire Preferred is great for the frequent traveler who isn’t tied to a single airline or hotel chain. Its travel protections are excellent, and considering that the annual fee is $0 the first year, then $95, that’s a lot of perks for a little coin. The card’s flexible redemption options...

- Kailey Fralick, Cardcruncher
Travel Update

The Chase Sapphire Preferred has been on the market since 2009. Since its introduction, this card remains a balanced and well thought out stalwart, especially for those with low travel and dining spend, as well as those who are new to points and miles.

- Play Your Cards Right, Travel Update

Details


Interest Rates
Regular APR Interest Rate 18.24% ‐ 25.24% (0% for the first 12 months)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 18.24% ‐ 25.24%

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 27.24%

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $95.00
Balance Transfer Fee 5%

Minimum of $5

Cash Advance Fee 5%

Minimum of $10

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $38.00

Maximum

Promotions
Sign up bonus 60000 points after spending $4,000

On purchases within the first 3 months.

Rewards
All Purchases 1 point per $1 spent
Restaurants 2 points per $1 spent


Gas No
Groceries No
Hotels 2 points per $1 spent
Travel 2 points per $1 spent


Pharmacy No
Bills No
Additional Details

Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability No
No Foreign Transaction Fees Yes
Emergency Assistance Yes
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments No
Additional Benefits

Trip Cancellation/Interruption Insurance

Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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Critic Reviews


The Wirecutter

For those who want solid travel and dining rewards but favor a lower annual fee

from The Wirecutter

The Preferred is an unremarkable card, but what it does offer is solid: decent travel and dining rewards and a hefty intro bonus.

Read full review

The Preferred is an unremarkable card, but what it does offer is solid: decent travel and dining rewards and a hefty intro bonus.

Read full review

Less

CreditCards.com

High rewards for frequent travelers and diners

from CreditCards.com

The Chase Sapphire Preferred card offers valuable rewards for frequent travelers, as well as the potential for savvy rewards card users to glean some extra value out of their rewards.

Read full review

The Chase Sapphire Preferred card offers valuable rewards for frequent travelers, as well as the potential for savvy rewards card users to glean some extra value out of their rewards.

Read full review

Less

Money Crashers

A great credit card but definitely not for everyone

from Money Crashers

A great travel rewards credit card for moderate- to heavy-spending frequent travelers and diners out. The $95 annual fee is likely to turn off thrifty applicants, but the generous rewards program (including a 25% bonus on qualifying travel redemptions) and huge sign-up bonus offsets its cost for active cardholders.

Read full review

A great travel rewards credit card for moderate- to heavy-spending frequent travelers and diners out. The $95 annual fee is likely to turn off thrifty applicants, but the generous rewards program (including a 25% bonus on qualifying travel redemptions) and huge sign-up bonus offsets its cost for active cardholders.

Read full review

Less

Cardcruncher

One of the best travel rewards credit cards ever

from Cardcruncher

The Chase Sapphire Preferred is great for the frequent traveler who isn’t tied to a single airline or hotel chain. Its travel protections are excellent, and considering that the annual fee is $0 the first year, then $95, that’s a lot of perks for a little coin. The card’s flexible redemptio...More

The Chase Sapphire Preferred is great for the frequent traveler who isn’t tied to a single airline or hotel chain. Its travel protections are excellent, and considering that the annual fee is $0 the first year, then $95, that’s a lot of perks for a little coin. The card’s flexible redemption options mean you won’t have to worry about limitations or blackout dates restricting your travel. If you’re looking for a well-rounded card with great perks and a reasonable fee, look no further.

Read full review

Less

Travel Update

A great alternative for all travelers

from Travel Update

The Chase Sapphire Preferred has been on the market since 2009. Since its introduction, this card remains a balanced and well thought out stalwart, especially for those with low travel and dining spend, as well as those who are new to points and miles.

Read full review

The Chase Sapphire Preferred has been on the market since 2009. Since its introduction, this card remains a balanced and well thought out stalwart, especially for those with low travel and dining spend, as well as those who are new to points and miles.

Read full review

Less

Business Insider

One of the best credit cards with an annual fee under $100

from Business Insider

If you pay off your credit card in full every month, you won't pay interest. If you can keep the card paid off and value travel, this card is a great choice. It offers a good balance of cost and benefits that makes it a very popular choice. Depending on your spending and travel habits, this card may be perfect for you.

Read full review

If you pay off your credit card in full every month, you won't pay interest. If you can keep the card paid off and value travel, this card is a great choice. It offers a good balance of cost and benefits that makes it a very popular choice. Depending on your spending and travel habits, this card may be perfect for you.

Read full review

Less

The Ascent

A best-in-class travel credit card

from The Ascent

It's one of the most popular travel cards for a reason. This offer is practically a must-have for travelers seeking a big sign-up bonus and if you spend enough on credit to justify paying a small annual fee.

Read full review

It's one of the most popular travel cards for a reason. This offer is practically a must-have for travelers seeking a big sign-up bonus and if you spend enough on credit to justify paying a small annual fee.

Read full review

Less

NerdWallet

A must-have for any traveler

from NerdWallet

The big sign-up bonus and high-value points have long made this a favorite among travelers.

Read full review

The big sign-up bonus and high-value points have long made this a favorite among travelers.

Read full review

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One Mile at a Time

An easy start to earning ultimate rewards points

from One Mile at a Time

If you’re just starting to get into miles and points, the Chase Sapphire Preferred should be a top priority consideration. With the annual fee waived the first year, it’s a great way to ease yourself into a new world. With a solid sign-up bonus, the Ultimate Rewards program and its great tra...More

If you’re just starting to get into miles and points, the Chase Sapphire Preferred should be a top priority consideration. With the annual fee waived the first year, it’s a great way to ease yourself into a new world. With a solid sign-up bonus, the Ultimate Rewards program and its great transfer partners, plus several travel protections, you’ll start to understand all the fuss about this card.

Read full review

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Bankrate

Perfect for someone who dines out regularly and travels a lot

from Bankrate

This card is one step below the super-premium credit cards, meaning you’ll get good rewards without having to fork over hundreds of dollars in annual fees each year.

Read full review

This card is one step below the super-premium credit cards, meaning you’ll get good rewards without having to fork over hundreds of dollars in annual fees each year.

Read full review

Less

User Reviews


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