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Apply online for Chase Sapphire Preferred® Card
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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 toward travel when you redeem through Chase Ultimate Rewards®.
  • This is the perfect card for any travelers who also enjoy dining out. Cardholders earn 2x points on travel and dining at restaurants and 1 point per dollar spent on all other purchases worldwide.
  • Chase Sapphire Preferred® Card cardholders who also hold a Chase Freedom® or Chase Freedom Unlimited® card can share rewards points in the Chase Ultimate Rewards® account
  • This is one of the best cards for big spenders whose rewards can really add up. If you're a casual spender, the annual fee might be difficult to offset and you should consider a no-annual-fee card instead.

Top Features

Rewards
2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
Bonus Rewards
Earn 50,000 bonus 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®
Regular APR
18.24% - 25.24% Variable
Annual Fee
$95

Full Review

Curtis Arnold Editor-in-chief

Chase Sapphire Preferred® Card Essentials

The 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 on purchases in the first 3 months from account opening (that's $625 toward travel when you redeem through Chase Ultimate Rewards®). For these reasons (and more) the Chase Sapphire Preferred® Card is our 2019 CardRatings Editor's Choice pick for Best Travel Rewards Card.

The Chase Sapphire Preferred® Card offers high ongoing rewards rates as well:

  • Earn two times points on travel and dining out
  • One point per $1 spent on all other purchases worldwide
  • 25 percent more value for your points when you redeem for airfare, hotel stays, car rentals and cruises through Chase Ultimate Rewards®

The Chase 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 the Chase Sapphire Preferred® Card

The 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. The opportunity to earn big upfront rewards is obvious with this card.

The Chase Sapphire Preferred® Card has quickly become one of the most popular cards for CardRatingsreaders. The popularity stems from the ongoing 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 25 percent off travel when redeeming points through the Ultimate Rewards® program, allowing you to stretch your 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 the 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® rotating categories, and the discounted travel rates associated with the Chase Sapphire Preferred® Card.

Potential Downsides of the Chase Sapphire Preferred® Card

In order to take full advantage of the Chase Sapphire Preferred® Card, cardholders must spend more of their budget dining out than grocery shopping. Grocery shopping will only earn a cardholder one point per $1 versus the two points per $1 for dining out. For grocery spending, there are better offers, such as Blue Cash Preferred® Card from American Express which offers 6 percent cash back at U.S. supermarkets 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 the Wells Fargo Cash Wise Visa® Card which has no annual fee.

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

  • Aer Lingus AerClub
  • British Airways Executive Club
  • World of Hyatt
  • Virgin Atlantic Flying Club
  • Marriott Rewards®
  • United MileagePlus®
  • Singapore Airlines KrisFlyer
  • IHG® Rewards Club
  • Iberia Plus
  • Southwest Airlines Rapid Rewards®
  • The Ritz-Carlton Rewards®
  • JetBlue® TrueBlue
  • Flying Blue (numerous airline partners, including Air France and KLM Royal Dutch Airlines)

If you prefer to travel with loyalty programs outside of the named partners, the Chase Sapphire Preferred® Card may feel limiting to you even though you can use your points to book with any airline – you just can't transfer points to any airline and take advantage of possibly lower redemption rates. As an example, those loyal to Marriott might consider also picking up the Marriott Rewards® Premier Plus Credit Card (This card is not currently available on CardRatings) to earn the bonus points on Marriott stays.

How the Chase Sapphire Preferred® Card Compares to Other Travel Rewards Cards

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

Chase Sapphire Preferred® Card and Capital One® Venture® Rewards Credit Card have comparable bonus miles for new cardholders, though cardholders need to spend $1,000 more with the Chase Sapphire Preferred® Card to earn the intro bonus. The Capital One® Venture® Rewards Credit Card also has the same annual fee structure of $95, waived for the first year.

The big difference between these two is that you earn two times the miles on all your purchases with the Capital One® Venture® Rewards Credit Card (plus 10 times the miles per $1 spent when paying for your stay through Hotels.com/Venture) as compared to two times the points on travel and dining out only with the Chase Sapphire Preferred® Card.

That said, Chase Ultimate Rewards® points are transferable to a number of airline and hotel loyalty programs -- but the Capital One® Venture® Rewards Credit Card does that now too. With the Capital One® Venture® Rewards Credit Card, you can fly any airline, stay at any hotel, anytime and not have to worry about blackout dates. Plus, you can transfer your miles to over 12 leading travel loyalty programs. Those points might be valuable to you if you have some travel loyalties. Additionally, Chase Ultimate Rewards® points are worth 25 percent more when you redeem them for travel through the Chase portal.

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

The $550 annual fee assessed on The Platinum Card® from American Express (American Express is a CardRatings advertiser) automatically narrows the group of card users who can take full-advantage of the perks. Taking a deeper look into The Platinum Card® from American Express 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 a pre-selected airline and can receive a statement credit every five years to reimburse Global Entry or TSA Precheck™ application fees. The Chase Sapphire Preferred® Card has a much lower annual fee, but lacks some of the elite perks of The Platinum Card® from American Express (Terms apply. See Rates and Fees).

Chase Sapphire Preferred® Card vs. Barclaycard Arrival Plus® World Elite Mastercard®

The Chase Sapphire Preferred® Card continues to measure up fairly well when comparing its intro offer against other cards, but you may be able to find an even stronger offer. The Barclaycard Arrival Plus® World Elite Mastercard® offers 70,000 bonus miles to new cardholders after $5,000 in purchases within the first 90 days of account opening; 70,000 is worth $700 in travel statement credit, as opposed to the chance to earn 50,000 bonus points, or $625 toward travel, with the Chase Sapphire Preferred® Card. Also, with Barclaycard Arrival Plus® World Elite Mastercard®, you receive 5 percent of your miles back – that means 3,500 miles, worth $35, if you redeem the full 70,000-mile limited time intro bonus – each time you redeem your miles with the Barclaycard (See Rates and Fees). The Barclaycard Arrival Plus® World Elite Mastercard® also earns some brownie points with its general spending categories. Each purchase made with the Barclaycard Arrival Plus® World Elite Mastercard® is worth two times the miles, which is slightly more appealing than the Chase Sapphire Preferred® Card rewards categories.

Who Should Get the Chase Sapphire Preferred® Card?

The Chase Sapphire Preferred® Card appeals to frequent travelers who spend a lot on their wanderlust and dining excursions. High spending with the Chase Sapphire Preferred® Card 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.

To see the rates and fees of the American Express cards mentioned in this post, please visit the following links: The Platinum Card® from American Express (See Rates and Fees); Blue Cash Preferred® Card from American Express (See Rates and Fees)

This page was last updated on February 14, 2019

This card compared to other travel rewards cards

Rewards
2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
Earn 9 points total per $1 spent at Hyatt - 4 Bonus Points per $1 when you use your card at Hyatt hotels & 5 Base Points per $1 you can earn as a World of Hyatt member
Earn 2 miles per $1 spent at restaurants, on hotel stays and on purchases from United. 1 mile per $1 spent on all other purchases
Bonus Rewards
Earn 50,000 bonus 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®
Earn up to 50,000 Bonus Points - 25,000 Bonus Points after you spend $3,000 on purchases in the first 3 months from account opening. Plus an additional 25,000 Bonus Points after you spend a total of $6,000 on purchases within the first 6 months of account opening.
Earn 40,000 bonus miles after you spend $2,000 on purchases in the first 3 months your account is open
Regular APR
18.24% - 25.24% Variable
18.24% - 25.24% Variable 
18.24% - 25.24% Variable 
Annual Fee
$95
$95
$95
CardRatings.com Editorial Staff

Chase Sapphire Preferred® Card details

Rewards
2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
Bonus Rewards
Earn 50,000 bonus
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®
Purchase Intro
APR:
N/A
Regular APR
18.24% - 25.24% Variable
Annual Fee
$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®
  • Chase Sapphire Preferred named "Best Credit Card for Flexible Travel Redemption" - Kiplinger's Personal Finance, June 2018
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • 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:
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    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
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®
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Apply online for The World Of Hyatt Credit Card

The World Of Hyatt Credit Card

  • Earn up to 50,000 Bonus Points - 25,000 Bonus Points after you spend $3,000 on purchases in the first 3 months from account opening
  • Earn an additional 25,000 Bonus Points after you spend a total of $6,000 on purchases within the first 6 months of account opening - free nights start at 5,000 points
  • Receive 1 free night every year after your cardmember anniversary at any Category 1-4 Hyatt hotel or resort
  • Earn an extra free night at any Category 1-4 Hyatt hotel or resort if you spend $15,000 during your cardmember anniversary year
  • Get automatic World of Hyatt Elite status for as long as your account is open and 5 qualifying night credits toward your next tier status every year
  • Earn 2 qualifying night credits towards your next tier status every time you spend $5,000 on your card
  • Earn 9 points total per $1 spent at Hyatt - 4 Bonus Points per $1 when you use your card at Hyatt hotels & 5 Base Points per $1 you can earn as a World of Hyatt member
  • Plus, earn 2 Bonus Points per $1 spent at restaurants, on airlines tickets purchased directly from the airlines, on local transit and commuting and on fitness club and gym memberships
Credit Needed:
Excellent, Good
Apply online for United℠ Explorer Card

United℠ Explorer Card

  • 40,000 bonus miles after you spend $2,000 on purchases in the first 3 months your account is open
  • $0 introductory annual fee for the first year, then $95.
  • Earn 2 miles per $1 spent at restaurants and on hotel stays
  • Up to $100 Global Entry or TSA Pre✔® Fee Credit
  • 25% back on United inflight purchases
  • Check your first bag for free (a savings of up to $120 per roundtrip) when you use your Card to purchase your ticket
  • Enjoy priority boarding privileges and visit the United Club℠ with 2 one-time passes each year for your anniversary
  • Earn 2 miles per $1 spent on purchases from United, and 1 mile per $1 spent on all other purchases
Credit Needed:
Excellent, Good