Chase Sapphire Preferred Credit Card

Chase Sapphire Preferred

Last Updated: 02/26/2026

Rating
4.1 / 5
Sign Up Bonus
75,000 Points
Annual Fee
$95
Credit Score
Good

Summary

Sign-Up Bonus
3.5
Spending Multipliers
4.5
Credits & Features
3
Fees
4.5
Application
4
Issuer
NaN

The Chase Sapphire Preferred Credit Card is a mid-tier travel rewards card designed for consumers who want robust travel protections and flexible points earning without paying foreign transaction fees. Ideal for frequent travelers and everyday spenders who value safety and convenience, the card offers purchase protection up to $500 per claim, extended warranty coverage, auto rental collision damage waiver, and trip protections including cancellation/interruption insurance up to $10,000 per person and $20,000 per trip, as well as baggage delay and trip delay reimbursement up to $500 per ticket. Cardholders earn a flat 1x point on all purchases, complemented by perks such as a 10% annual points boost on last year’s spend, $50 annual hotel credit, and DashPass benefits including $10 per quarter for non-restaurant orders and complementary DashPass through December 31, 2027. While the annual fee is not waived in the first year and niche credits may not fully offset it, the Chase Sapphire Preferred card is best suited for travelers seeking strong protections, flexible points, and practical perks without foreign transaction fees.

Pros

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No foreign transaction fee
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Purchase protection up to $500 per claim and $50,000 per account
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Extended warranty

Cons

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Annual fee not waived in the first year
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No lounge access
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Credits may not offset annual fee as they are niche perks
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1x catch all category

Issuer

Spending Multipliers

Credits & Features

10% annual points boost on last years spend
$50 annual hotel credit
$10 per quarter for non-restaurant DoorDash orders until December 31, 2027
Complementary DashPass until December 31, 2027
Auto rental collision damage waiver
Trip cancellation/interruption insurance up to $10,000 per person and $20,000 per trip
Baggage delay insurance
Trip delay reimbursement up to $500 per ticket

Application

  • Chase has a strict 5/24 rule, meaning you will be rejected if you opened 5 or more cards in the past 24 months
  • Welcome bonus is only available if you don’t have a Sapphire card and did not open a Sapphire card in the last 48 months
  • Consider having at least a credit history for 1 year or a credit card with Chase for 3 months
  • Avoid applying for more than 2 Chase cards in 30 days

Fees

  • $95 Annual Fee
  • No Foreign Transaction Fee
  • Up to $40 late fee
  • Up to $40 return payment fee
  • 19.24% - 27.49% Variable APR
  • 28.49% APR for Cash Advance
  • $10 or 5% of each cash advance amount (whichever is greater)
  • 19.24% - 27.49% APR for Balance Transfer
  • $5 or 5% of each transfer amount (whichever is greater)
See Full and Updated Rate & Fee Schedule During Application Process