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Chase Sapphire Preferred® credit card review

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Annual Fee
Interest Rate: Purchases
16.74% ‐ 23.74% (Variable)
Interest Rate: Purchases
16.74% ‐ 23.74% (Variable)
Balance Transfer
16.74% ‐ 23.74% (Variable)
Balance Transfer
16.74% ‐ 23.74% (Variable)
1 - 5 points
1 - 5 points
Signup Bonus
80000 points (after spending $4,000)
Signup Bonus
80000 points (after spending $4,000)

Informr score
The Chase Sapphire Preferred® credit card currently has an Informr score of 9 out of 10. This score is based on our evaluation of 60 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...

One Mile at a Time
One Mile at a Time

The Chase Sapphire Preferred has been around for about a decade, and continues to be one of the most well-rounded credit cards for beginners and those looking for travel rewards. With the refreshes that were made to the card last year, plus the huge bonus currently available, I tend to think it’s as...

- Ben Schlappig, One Mile at a Time
Choose Fi
Choose Fi

With its heavy-hitting value for travel rewards, the Chase Sapphire Preferred card offers incredible value for those who enjoy traveling. However, the new benefits and increases that Chase added to the card this year broaden the overall demographic to anyone wanting to maximize credit card rewards.

- Choose Fi

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

Overall, the Chase Sapphire Preferred is a trusty stalwart, but not quite spectacular. It's a good way to explore the world of travel rewards at a relatively low cost, while letting you potentially earn more than a standard no-annual-fee cash-back card.

- Joe Van Brussel, Cnet

Might not be ideal for the most frequent travelers and highest spenders, it’s part of a family of Chase cards that has a built-in upgrade path. So when it comes time to take your travel rewards game to the next level, you won’t have to start from scratch with an entirely different credit card and re...

- Jason Steele, SlickDeals


Interest Rates
Regular APR Interest Rate 16.74% ‐ 23.74% (Variable)

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

Balance Transfer Interest Rate 16.74% ‐ 23.74% (Variable)

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

Cash Advance Interest Rate 25.74% (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 80000 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 up to $50 in statement credits each account anniversary year for hotel stays purchased through Chase Ultimate Rewards®.
  • Earn 3 points per $1 spent on select streaming services.
  • 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.
  • Earn 5x total points on each Peloton Bike and Tread purchase over $1,400, with a max earn of 25,000 total points. Now through June 30, 2022
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
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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