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If you're in the market for a travel rewards credit card, the Chase Sapphire Preferred® Card should be on your list. The plentiful Chase Sapphire Preferred® Card benefits have made it a traveler favorite.
Many people wonder if they should apply for the Chase Sapphire Reserve® or the Chase Sapphire Preferred® Card. One thing to watch out for is the higher annual fee on the Chase Sapphire Reserve®. The Chase Sapphire Preferred® Card is a much more affordable option. Only you can decide whether the Chase Sapphire Preferred® Card's perks make its annual fee worth paying.
To help you see if it's among the best credit cards for you, we've outlined some of the top Chase Sapphire Preferred® Card benefits.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Rating image, 5.00 out of 5 stars.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Credit Score:
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.
Recommended Credit Score required for this offer is: Good/Excellent (670-850)
Credit Score
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.
Good/Excellent (670-850)
Intro APR
N/A
Purchases: N/A
Balance Transfers: N/A
Regular APR
20.74% - 27.74% Variable
Rewards
Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
5x on travel purchased through Chase Travel℠, 3x on dining and 2x on all other travel purchases
Annual Fee
$95
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
60,000 bonus points
Bonus travel and dining rewards, along with an annual $50 hotel credit, make this card worth the (very reasonable) annual fee. Chase points are both valuable and easy to use, offering 25% more value for bookings through Chase Travel, which simplifies the experience compared to other travel cards. Not to mention it provides robust travel protections, including primary rental car insurance, trip delay reimbursement, lost luggage reimbursement, and trip cancellation/interruption insurance.
Big sign-up bonus
Travel rewards
Dining rewards
Flexible travel points
Consumer and travel protections
Annual fee
Limited-time perks
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
Member FDIC
Chase Sapphire Preferred benefits
This credit card is branded as a travel credit card, but is also useful when you're close to home. That's because this card is packed with perks you can use daily. Here are some of our favorites.
An impressive sign-up bonus offer
The Chase Sapphire Preferred® Card offers a generous welcome offer of 60,000 bonus points. To qualify, you must spend $4,000 within the first 3 months of card ownership. If you redeem those bonus points through the Chase Travel portal, they're worth up to $750 in Chase Travel℠ value in travel rewards. If you're looking for cards with a big sign-up bonus, this is one of the biggest sign-up offers out there.
Excellent earning potential
With bonus rewards on travel purchases and everyday spending, this card is great for collecting lots of points. It earns:
5 points per $1 on travel booked through Chase Ultimate Rewards (excluding hotel purchases that qualify for the $50 annual hotel credit)
3 points per $1 on dining, including eligible delivery services, takeout, and dining out
3 points per $1 on online grocery purchases, excluding Target, Walmart, and wholesale clubs
3 points per $1 on select streaming services
2 points per $1 on all other travel purchases
1 point per $1 on other purchases
10% anniversary points bonus
Each account anniversary year, Chase rewards you with bonus points equal to 10% of your spending over the previous year. For example, $25,000 in spending would net you 2,500 bonus Chase points.
Added purchase protections
This Chase card comes with purchase protection. If something you buy with the card is damaged or stolen, you can get up to $500 per claim and up to $50,000 per account. Eligible purchases are covered for up to 120 days.
This Chase Sapphire card also has extended warranty protection. This coverage extends U.S. manufacturers' warranties by a year. This perk is available for eligible warranties of three years or less.
The Chase Sapphire Preferred® Card is one of the best travel credit cards on the market. As such, it's not surprising to find some valuable travel-focused benefits. Some of these perks may offer a lot of value, whether you travel a couple of times a year or more regularly.
$50 annual Ultimate Rewards hotel credit
This card offers $50 in statement credits per account anniversary year for hotel stays purchased through Chase Ultimate Rewards. You can book most hotels through the Chase Travel portal, so this benefit is easy to use.
Earn big on travel purchases
Preferred cardholders earn 5 points per $1 on travel purchased through Chase Ultimate Rewards and 2 points per $1 on all other eligible travel purchases. If you love travel, these Chase Ultimate Rewards points can add up.
Points are worth more when redeemed for travel
Another top Chase Sapphire Preferred® Card benefit is that points have more value when redeemed for travel. You'll get 25% more value when you redeem points for travel purchases in the Chase Travel portal.
Choosing a credit card
Don't you wish you could take a peek inside a credit card expert's wallet sometimes? Just to see the cards they carry? Well, you can't look in anybody's wallet, but you can check out our experts' favorite credit cards. Get started here:
Chase points aren't just popular because they're worth more on travel purchases. You can also transfer them to Chase's partners, which include over a dozen popular airlines and hotels.
No foreign transaction fees
The Chase Sapphire Preferred® Card benefits don't stop there. Like all the top travel cards, this card doesn't charge a foreign transaction fee, making it an excellent card for international travel. Cards that do have foreign purchases typically charge around 3% per transaction, which can add up. It's much easier to shop abroad if you don't have to worry about extra fees.
Protection for your next trip
The Chase Sapphire Preferred® Card comes with trip cancellation and trip interruption insurance. Let's say a trip you paid for with your card is canceled or cut short by illness, poor weather, or another covered situation. Cardmembers can get up to $10,000 per person and $20,000 per trip reimbursed for prepaid, non-refundable travel expenses. This includes travel expenses like passenger fares, tours, and hotels.
The Chase Sapphire Preferred® Card benefits also include trip delay insurance. If travel is delayed by more than 12 hours or requires an overnight stay, you and your family can claim up to $500 per ticket in expenses. This includes expenses such as meals and lodging.
Another of the Chase credit card benefits is baggage delay insurance. You're eligible for reimbursement for purchases like toiletries and clothing when your baggage is delayed for more than six hours. You can get back up to $100 per day for up to five days.
Auto rental collision damage waiver
Chase Sapphire Preferred® Card benefits also include an auto rental collision damage waiver. To use this perk, decline the rental car company's collision insurance. Then, charge the entire rental cost to your Chase Sapphire Preferred® Card. You're covered up to the vehicle's actual cash value for theft and collision damage. This is available for most rental cars within the U.S. and abroad.
When comparing credit cards with travel rewards, consider the Chase Sapphire Preferred® Card. Like many Chase credit cards, this card has many benefits and perks. You usually need a good credit score to get approved for this card. If you're ready to apply, first check to see if you prequalify for a Chase credit card.
Here's the Chase Sapphire Preferred® Card compared side-by-side with some of our other favorite travel credit cards.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Rating image, 5.00 out of 5 stars.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Rating image, 4.00 out of 5 stars.
4.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Rating image, 4.00 out of 5 stars.
4.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor
Credit Rating Requirement:
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.
Recommended Credit Score required for this offer is: Good/Excellent (670-850)
Poor
Fair
Good
Excellent
300-579
580-669
670-739
740-850
Good/Excellent (670-850)
Credit Rating Requirement:
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.
Recommended Credit Score required for this offer is: Good/Excellent (670-850)
Poor
Fair
Good
Excellent
300-579
580-669
670-739
740-850
Good/Excellent (670-850)
Credit Rating Requirement:
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.
Recommended Credit Score required for this offer is: Good/Excellent (670-850)
Poor
Fair
Good
Excellent
300-579
580-669
670-739
740-850
Good/Excellent (670-850)
Welcome Offer:
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
60,000 bonus points
Welcome Offer:
25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases
25,000 points
Welcome Offer:
Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership.
80,000 Membership Rewards® Points
Rewards Program:
Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
5x on travel purchased through Chase Travel℠, 3x on dining and 2x on all other travel purchases
Rewards Program:
Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees, and your points don't expire as long as your account remains open.
1.5 points per dollar
Rewards Program:
Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel. Earn 1X Membership Rewards® Points on other purchases. Terms and limitations apply.
1X-5X Membership Rewards® Points
Intro APR:
N/A
Purchases: N/A
Balance Transfers: N/A
Intro APR:
0% Intro APR for 15 billing cycles for purchases. 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days. After the intro APR offer ends, 18.49% - 28.49% Variable APR on purchases and balance transfers will apply. A 3% fee for 60 days from account opening, then 4% fee applies to all balance transfers.
Purchases: 0% Intro APR for 15 billing cycles for purchases
Balance Transfers: 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days
Intro APR:
Purchases: n/a
Balance Transfers: n/a
Regular APR:
20.74% - 27.74% Variable
Regular APR:
18.49% - 28.49% (Variable)
APR:
See Pay Over Time APR
Annual Fee:
$95
Annual Fee:
$0
Annual Fee:
$695
Highlights:
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
Member FDIC
Highlights:
Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire as long as your account remains open.
25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases.
Use your card to book your trip how and where you want - you're not limited to specific websites with blackout dates or restrictions.
Redeem points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout.
0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.49% - 28.49% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
If you're a Bank of America Preferred Rewards® member, you can earn 25%-75% more points on every purchase. That means instead of earning an unlimited 1.5 points for every $1, you could earn 1.87-2.62 points for every $1 you spend on purchases.
Contactless Cards - The security of a chip card, with the convenience of a tap.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
Highlights:
Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership.
Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
$200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings through American Express Travel using your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
$240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, and The Wall Street Journal. Enrollment required.
The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market. As of 03/2023.
$155 Walmart+ Credit: Save on eligible delivery fees, shipping, and more with a Walmart+ membership. Use your Platinum Card® to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes back on one membership (excluding Plus Ups) each month.
$200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card®.
$200 Uber Cash: Platinum Card® Members can get out and about and explore their local area with $15 in Uber Cash for US rides each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings. Simply download the Uber app and add your Platinum Card® to your Uber account to get started. Available to Basic Card Member only. Effective 11/8/2024, an Amex Card must be selected as the payment method for your Uber or Uber Eats transaction to redeem the Amex Uber Cash benefit.
$199 CLEAR® Plus Credit: CLEAR® Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $199 back per calendar year on your Membership (subject to auto-renewal) when you use your Card. CLEARLanes are available at 100+ airports, stadiums, and entertainment venues.
Receive either a $120 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 years for a TSA PreCheck® (through a TSA official enrollment provider) application fee, when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.
$695 annual fee.
Apply with confidence. Know if you're approved for a Card with no impact to your credit score. If you're approved and you choose to accept this Card, your credit score may be impacted.
Yes, the Chase Sapphire Preferred® Card has an annual fee of $95.
The Chase Sapphire Preferred® Card is packed with perks that frequent travelers will love. It has no foreign transaction fees, includes a $50 annual credit for hotels booked through the Chase Ultimate Rewards® portal, and includes travel perks like trip cancellation, trip interruption insurance, and baggage delay insurance.
For travelers who don't mind paying an annual fee, the Chase Sapphire Preferred® Card is well worth it. If you spend money on expenses like travel, dining, and online grocery purchases and can take advantage of the travel benefits included with this card, it's worth considering.
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We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Motley Fool Money is 100% owned and operated by The Motley Fool. Our knowledgeable team of personal finance editors and analysts are employed by The Motley Fool and held to the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands.
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