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Apply online for Chase Sapphire Preferred® Card
About Our Ratings
Credit Needed
Excellent/Good

Chase Sapphire Preferred® Card Review

Pros & Cons

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 in travel when you redeem through Chase Ultimate Rewards®
  • Perfect card for any travelers that also enjoy dining out. Cardholders earn 2x points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide.
  • Sapphire Preferred® cardholders who also hold a Freedom® card can share rewards points in the Chase Ultimate Rewards® account

Top Features

Points or Miles
2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
Bonus Miles or Points
Earn 50,000 bonus points
after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 in travel when you redeem through Chase Ultimate Rewards?
Purchase APR
16.24%-23.24% Variable
Annual Fee
$0 Intro for the First Year. Then $95

Full Review

Curtis Arnold Editor-in-chief

Chase Sapphire Preferred® Card Essentials

Chase Sapphire Preferred® Card is a must-have credit card for any traveler who loves to dine out, and reap high-rewards throughout the process.  New cardholders have the opportunity to claim the newly upgraded intro offer: earn 50,000 bonus points after you spend $4,000 2016 CardRating's Editor's Choice Awardon purchases in the first 3 months from account opening (that's $625 in travel when you redeem through Chase Ultimate Rewards®). For these reasons (and more) Chase Sapphire Preferred® Card was named a 2016 CardRating's Editor's Choice Award recipient for being one of the best credit cards on the market for rewards.

Sapphire Preferred® offers high on-going rewards rates as well:

  • Earn 2X points on travel and dining
  • 1 point per dollar spent on all other purchases worldwide
  • 20% off travel when you redeem for airfare, hotel stays, car rentals, and cruises through Chase Ultimate Rewards®

The Chase's Ultimate Rewards® program has streamlined its redemption process making it easy for cardholders to take advantage of rewards outside of travel: Exchange 5,000 rewards points for a $50 check, a $50 gift card, and other eligible merchandise. If you are a Chase Freedom® cardholder read on to see how you can further maximize the Ultimate Rewards® program

What Our Editors Like Most about Chase Sapphire Preferred®


Chase Sapphire Preferred® Card sculpted its intro offer into one of the most competitive deals on the market through which you can earn 50,000 bonus points; it's quite possibly the highest intro program available. Chase doesn’t stop there either, if a cardholder adds an authorized user to their account within the first 3 months of accounting opening, cardholders can earn an additional 5,000 bonus points. The opportunity to earn big upfront rewards is obvious with this card.

Chase Sapphire Preferred® has quickly become one of the most popular cards for CardRatings.com readers. The popularity stems from the on-going value of this card: high rewards rates, no blackout dates, restrictions, or expiration date on rewards. Cardholders can even use their points to book a flight for someone else.

Cardholders can also take advantage of an additional 20% off travel when redeeming points through the Ultimate Rewards® program, allowing cardholders to stretch their rewards even further.

Awards tracking and redemption is easy through Chase Ultimate Rewards where you can track your rewards as they accumulate and use your rewards to directly book flights, hotels, cars or activities. Cardholders that also have the ($0 annual fee) Chase Freedom® card may find additional benefits by combining the power of Chase Freedom® with Chase Sapphire Preferred® Card. Because points can be shared among the same Chase Ultimate Rewards® account you can take advantage of the high cash back rewards of Chase Freedom®’s rotating categories, and the discounted travel rates associated with Chase Sapphire.

Potential Downsides of Chase Sapphire Preferred®

In order to take full advantage of the Sapphire Preferred®, cardholders must spend more of their budget dining out than grocery shopping. Grocery shopping will only earn a cardholder 1X points, versus the 2X points for dining out. For grocery spending, there are better offers such as Blue Cash Preferred® Card from American Express (American Express is a cardratings.com advertiser) which offers 6% cash back on groceries throughout the year (up to $6,000 annually). Savvy spenders get both cards and use them in the respective categories that earn them the most.

Also, cardholders will need to use their card regularly. The $95 annual fee ($0 intro for the first year) can be offset with a few trips booked each year, but those that do not use their credit card for categories which earn the most points will have a hard time offsetting the annual fee. If this is you, you should consider a card such as BankAmericard Travel Rewards® Credit Card or BankAmericard Cash Rewards™ Credit Card which have no annual fee.

It is also important to look at the points transfer partners:

  • British Airways Executive Club
  • Hyatt Gold Passport®
  • Virgin Atlantic Flying Club
  • Korean Air SKYPASS
  • Marriott Rewards®
  • United MileagePlus®
  • Singapore Airlines KrisFlyer
  • IHG® Rewards Club
  • Southwest Airlines Rapid Rewards®
  • The Ritz-Carlton Rewards®
  • Flying Blue (numerous airline partners, including Air France and KLM Royal Dutch Airlines)

If you prefer to travel with loyalty programs not mentioned above, the Sapphire Preferred® may feel limiting to you. As an example, those loyal to Starwood might consider also picking up the Starwood Preferred Guest® Credit Card from American Express to earn the bonus points on Starwood stays (snagging the 25,000 bonus Starpoints® they are offering as a signup bonus right now).

How Chase Sapphire Preferred® Compares to Other Travel Rewards Cards

Chase Sapphire Preferred® vs. Capital One® Venture® Rewards Credit Card

While historically Sapphire Preferred® and Capital One® Venture® Rewards Credit Card have had comparable bonus miles for new cardholders, Sapphire Preferred® has recently pulled ahead. Even though cardholders need to spend $1,000 more with the Sapphire Preferred® to earn the intro offer, the bonus miles with Sapphire Preferred® are 10,000 greater – a substantial difference.  The Capital One® Venture® Rewards Credit Card has a slightly lower annual fee ($59 vs. $95) so if you’re a light credit card spending offsetting $59 each year will be an easier task.  

Chase Sapphire Preferred® vs. The Platinum Card® from American Express

The $450 annual fee assessed to the The Platinum Card® from American Express (American Express is a CardRatings.com advertiser) automatically narrows the group of card users, who can take full-advantage of the perks. Taking a deeper look into the Platinum Card® shows some unique benefits that make this card a bit pricey. Cardholders can earn a $200 airline fee credit each year when incidental fees are charged by the airline to your platinum card, and can receive a statement credit every 5 years to reimburse global entry or TSA PrecheckTM fees. Sapphire has a much lower annual fee, and a higher intro offer, but lacks some of the elite perks of being a The Platinum Card® from American Express user.

Chase Sapphire Preferred® vs. Barclaycard Arrival Plus™ World Elite MasterCard®

Chase Sapphire Preferred® continues to stop the show when measuring its intro offer against other cards. The Barclaycard Arrival Plus™ World Elite MasterCard® offers 40,000 bonus miles to new cardholders after $3,000 in purchases within the first 90 days of account opening, however 40,000 is only worth $400 in travel, as opposed to the chance to earn 50,000 bonus points, or $625 in travel, with the Sapphire card. The Barclaycard Arrival Plus™ World Elite MasterCard® earns some brownie points with its general spending categories. Each purchase made with the Barclaycard Arrival PlusTM is worth 2x miles which is slightly more appealing than the Chase Sapphire Preferred® rewards categories.

Who Should get Chase Sapphire Preferred®?

 The Chase Sapphire Preferred® Card appeals to frequent travelers who spend a lot on their wanderlust and dining excursions. High spending with the Sapphire Preferred® will allow cardholders to easily offset the annual fee.

With no foreign transaction fee, this card can pay for itself with just one overseas trip. Adding double points on travel and dining purchases to the mix can help you rack up even more free rewards. Cardholders that also have a Chase Freedom® card should use these credit cards in unison to maximize rewards.

This card compared to other travel rewards cards

Points or Miles
2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
3X points for flights booked directly with airlines. 2X points at US restaurants, US gas stations, and US supermarkets. 1X points on other purchases. Terms and limitations apply
1.5 pts/$1
Bonus Miles or Points
Earn 50,000 bonus points
after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 in travel when you redeem through Chase Ultimate Rewards?
Receive 25,000 Membership Rewards® Points after you spend $2,000 on purchases on your new Card in your first 3 months of Card Membership.
20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days - that can be a $200 statement credit toward travel purchases
Purchase APR
16.24%-23.24% Variable
N/A 
15.24% - 23.24% Variable APR on purchases and balance transfers 
Annual Fee
$0 Intro for the First Year. Then $95
Introductory annual fee of $0 for the first year, then $195.
$0.00
CardRatings.com Editorial Staff

Chase Sapphire Preferred® Card details

Points or Miles
2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
Bonus Miles or Points
Earn 50,000 bonus points
after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 in travel when you redeem through Chase Ultimate Rewards?
Purchase Intro
APR:
N/A
Purchase APR
16.24%-23.24% Variable
Annual Fee
$0 Intro for the First Year. Then $95

What Chase says about this card

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named a 'Best Credit Card' for Travel Rewards by MONEY Magazine
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards

Credit Card Consumer Average Ratings:

Overall Ratings
Reward Program
Card Benefit
Customer Service

Credit Card Consumer Reviews:

  1. Overall Ratings:
    Reward Program:
    Card Benefit:
    Customer Service:
    Chad ( Aug 20, 2015 at 11:50 pm)

    Applied Chase Sapphire card to them, was told that they need me to fax my driver's license and SSN to them. I faxed to them immediately but they said the fax was too vague for them to see. So I had to fax them again several times, but every time they just couldn't read them because of document was too dark or too light. I faxed them through my office, online and even Chase branches. And got rejected notice with message 'information is not sufficient'. Chase, you like having fun on people right?


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Featured offers
Currently available on the Chase Sapphire Preferred® Card
Earn 50,000 bonus points
After you spend $4,000 on purchases in the first 3 months from account opening. That's $625 in travel when you redeem through Chase Ultimate Rewards?

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Apply online for Premier Rewards Gold Card from American Express

Premier Rewards Gold Card from American Express

  • Receive 25,000 Membership Rewards(R) Points after you spend $2,000 on purchases on your new Card in your first 3 months of Card Membership.
  • 3X points for flights booked directly with airlines. 2X points at US restaurants, US gas stations, and US supermarkets. 1X points on other purchases. Terms and limitations apply.
  • No matter where you're traveling, when you use your Premier Rewards Gold Card there are no foreign transaction fees from American Express.
  • $100 Airline Fee Credit. Up to $100 a year in baggage fees and more at one airline.
  • Get a $75 hotel credit on qualifying charges, plus a room upgrade upon arrival, if available with The Hotel Collection at americanexpress.com/hc. Terms apply.
  • There is a $0 introductory annual fee for the first year, then $195.
  • Terms and limitations apply.
Credit Needed:
Excellent
Apply online for BankAmericard Travel Rewards® Credit Card

BankAmericard Travel Rewards® Credit Card

  • 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
  • 20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days - that can be a $200 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 flights, hotels, vacation packages, cruises, rental cars, or baggage fees
  • Now with chip technology for enhanced security and protection at chip-enabled terminals
  • 0% Introductory APR for 12 billing cycles for purchases, then 15.24% - 23.24% Variable APR
  • Get an additional 10% customer points bonus on every purchase when you have an active Bank of America(R) checking or savings account
  • If you're a Preferred Rewards client, you can increase that bonus to 25% - 75%. Click "Apply Now" to learn more about Preferred Rewards.
Credit Needed:
Excellent/Good