Chase

Chase Sapphire Preferred Credit Card

Estimated value every year on typical spending

$561/ year

Every year, after the annual fee. Year one adds a $750 welcome bonus: $1,311

+$576rewards+$80credits & perks−$95annual fee

Based on a typical ~$2,600/month of spending. Points valued conservatively; confirm terms with the issuer.

Credits & perks, at estimated real use: Chase Travel Hotel Credit $100 → $50 · Global Entry or TSA PreCheck Application Fee Credit $30

Carry a balance? At 20%+ APR, interest usually costs more than any card earns.

Find the best card for your spending Try it on your spending Compare with another card Visit Chase

Is it worth it?

On typical spending the Chase Sapphire Preferred Credit Card returns about $656 a year in rewards and usable credits, which covers its $95 fee with $561 to spare. The welcome bonus adds roughly $750 in the first year.

The fine print

Intro APR: Not applicable
Regular APR: 19.49% to 27.74% variable
Foreign fee: None
Top perk: $100 Chase Travel Hotel Credit
Approval: Good credit recommended
Redeem for: Travel portal · Airline & hotel transfers · Statement credit · Gift cards

Rewards

5x points on Chase Travel
3x points on dining, gas stations, EV charging, vacation homes, top streaming services, and online grocery
1x points on all other purchases

Sign-up bonus

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

Best for

Big spenders on groceries
Travelers who redeem points

Not ideal for

People who want plain cash back

Trade-offs: Higher annual fee ↔ richer rewards & perks; Better travel value ↔ less straightforward than cash back; Large welcome bonus ↔ higher spend requirement.

Worth knowing

Annual fee: $95
Intro APR: Not applicable
Regular APR: 19.49% to 27.74% variable
Balance transfer fee: None

$500/mo on groceries earns about $180/year (3x).
$1200/mo on everyday spending earns about $144/year (1x).
The $95 fee pays for itself at about $400/mo on groceries.
You come out ahead of a no-fee 1% card after about $4800/year of groceries spending.

Offer history

No changes to the fee, welcome offer or intro APR since we started checking this card daily on Oct 26, 2026.

All recent card changes

Chase Sapphire Preferred Credit Card: questions people ask

Is the Chase Sapphire Preferred Credit Card worth it?

What is the Chase Sapphire Preferred Credit Card annual fee?

The Chase Sapphire Preferred Credit Card has a $95 annual fee. On typical spending its rewards and usable credits come to about $656 a year, so it nets about $561 after the fee.

What is the Chase Sapphire Preferred Credit Card welcome bonus?

Earn 75,000 points after you spend $5,000 in purchases in the first 3 months from account opening. We value it at about $750. We check the issuer's page daily; it hasn't changed since we started tracking on Oct 26, 2026.

What does the Chase Sapphire Preferred Credit Card earn?

5x points on Chase Travel. 3x points on dining, gas stations, EV charging, vacation homes, top streaming services, and online grocery. 1x points on all other purchases.

What credit score do you need for the Chase Sapphire Preferred Credit Card?

The issuer recommends good/excellent credit. Checking your matches on CardFit never runs a credit check.

Does the Chase Sapphire Preferred Credit Card charge foreign transaction fees?

No. The Chase Sapphire Preferred Credit Card has no foreign transaction fee.

Compare Chase Sapphire Preferred Credit Card

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Card details are collected from issuer websites and were last refreshed October 29, 2026. Source: Chase product page. Terms change often; confirm them with the issuer before you apply.