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Chase Sapphire Preferred® credit card review

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Annual Fee
Interest Rate: Purchases
19.74% ‐ 26.74% (Variable)
Interest Rate: Purchases
19.74% ‐ 26.74% (Variable)
Balance Transfer
19.74% ‐ 26.74% (Variable)
Balance Transfer
19.74% ‐ 26.74% (Variable)
1 - 5 points
1 - 5 points
Signup Bonus
60000 points (after spending $4,000)
Signup Bonus
60000 points (after spending $4,000)

Informr score
The Chase Sapphire Preferred® credit card currently has an Informr score of 9.2 out of 10. This score is based on our evaluation of 55 sources including reviews from users and the web's most trusted critics.

Am I eligible?

Chase Sapphire Preferred® credit card 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...


If you have good credit and are in search of a card with solid points-earning potential for travel, the Chase Sapphire Preferred is a good, low-annual-fee option. Besides the travel perks, it’s a good all-around card to keep handy.

- Cynthia Bowman, GOBankingRates

The Chase Sapphire Preferred card’s recently upgraded dining rewards, extra bonus categories and new annual bonuses make it one of the best — if not the best — travel cards with a $95 annual fee. Indeed, the Sapphire Preferred should be rewarding for both infrequent travelers and rewards experts, th...

- Garrett Yarbrough, Bankrate
Hustler MoneyBlog
Hustler MoneyBlog

The Chase Sapphire Preferred® Card‘s annual fee seems like a drawback, but the extra reward benefits and bonus points you earn when you sign up will far outweigh it. Believe me, you’ll want this card since it’s made out of real metal. It will leave quite the impression to your friends and family! Th...

- Anthony Nguyen, Hustler MoneyBlog
Upgraded Points
Upgraded Points

The Chase Sapphire Preferred® card is one of the best travel rewards cards on the market. Its bonus categories include travel, dining, online grocery purchases, and streaming services, and gives you the opportunity to earn between 2x-5x points per $1 on these purchases. Additionally, it offers flexi...

- Jarrod West, Upgraded Points

If you’re a traveler who spends a decent amount on hotels, airfare, and dining out each year, the Chase Sapphire Preferred Card is well worth the annual fee. It provides substantial rewards and useful travel benefits that will enhance your experience.

- Kat Tretina, FinanceBuzz


Interest Rates
Regular APR Interest Rate 19.74% ‐ 26.74% (Variable)

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

Balance Transfer Interest Rate 19.74% ‐ 26.74% (Variable)

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

Cash Advance Interest Rate 28.74% (Variable)

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 $40.00


Sign up bonus 60000 points after spending $4,000

On purchases within the first 3 month

All Purchases 1 point per $1 spent
Restaurants 3 points per $1 spent

Including eligible delivery services, takeout and dining out.

Gas No
Groceries 3 points per $1 spent

On online grocery purchases (excluding Target, Walmart and wholesale clubs).

Hotels 5 points per $1 spent

On purchases made through Chase Ultimate Rewards®, excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit.

Travel 2 points per $1 spent
Pharmacy No
Bills No
Additional Details
  • Earn 3 points per $1 spent on select streaming services.
  • Earn 5x points on Lyft rides through March 31, 2025
  • Earn up to $50 in statement credits each account anniversary year for hotel stays purchased through Chase Ultimate Rewards®.
  • Get 25% more value when redeemed for travel.
  • Each account anniversary you'll earn bonus points equal to 10% of your total purchases made the previous year.
  • With Pay Yourself Back, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability No
No Foreign Transaction Fees Yes
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments Apple Pay, Samsung Pay, Google Pay
Virtual Cards No
Additional Benefits
  • Eligible cardmembers can break up card purchases of $100 or more into fixed monthly payments with My Chase Plan®
  • Trip Cancellation/Interruption Insurance
  • Baggage Delay Insurance
  • Trip Delay Reimbursement
  • Travel and Emergency Assistance Services
  • 6 months Instacart+ Subscription (members also get up to $15 in statement credits each quarter through July 2024)
  • DashPass Subscription for a minimum of one year when you activate by December 31, 2024
  • $10 Monthly Statement Credit from Gopuff through December 31, 2023.
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
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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