Chase Sapphire Preferred® Card review
This perennial travel-rewards card darling offers a lucrative signup bonus with updated rewards-earning categories and access to transfer rewards to popular hotel and flight loyalty programs travelers are sure to enjoy.
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Chase Sapphire Preferred® Card
- 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.
- Welcome Bonus
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
- Annual Fee
- $95
Credit Score: Excellent, Good
Key Features
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
- 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, 2024.
- Member FDIC
Editor Analysis:
- Earn 60,000 bonus points after spending $4,000 in the first three months from account opening. That's worth $750 toward travel when you redeem through Chase Travel℠!
- This is a great option for travelers who also enjoy dining out thanks to bonus rewards earned at restaurants.
- CardName cardholders who also hold any other chase card that utilizes the Ultimate Rewards system can combine points in one bucket, meaning your points add up more quickly.
- This card was built was travelers in mind. If travel isn't one of your major spend categories, this card might not be an ideal fit for you.
CardName signup bonus
The CardName is a must-have credit card for any traveler who loves to dine out and reap high-rewards throughout the process.
Currently, new cardholders have an opportunity to claim a nice signup bonus: 60,000 bonus points earned once spending $4,000 in the first three months of opening an account. This signup bonus is worth $750 if you redeem your points through Chase Travel; that’s because CardName points are worth 25% more when redeemed through the portal. And, even better, those points could be worth even more if you transfer them to one of Chase’s travel partners. For these reasons (and more – continue on to see why) the CardName is our 2024 CardRatings editor’s top choice for the best travel rewards card.
CardName rewards
In addition to a solid signup bonus, the CardName offers high ongoing rewards rates as well:
- Earn 5x points on travel purchased through Chase Travel
- Earn 3x points when you dine out
- Earn 3x points on select streaming services
- Earn 3x on online grocery store purchases (excluding Target, Walmart and wholesale clubs)
- Earn 2x on all other travel purchases
- Earn 1x on all other purchases worldwide
- Enjoy 25% more value for your points when you redeem for airfare, hotel stays, car rentals and cruises through Chase Travel
- Receive a $50 Annual Chase Travel Hotel Credit
- Receive an annual points bonus equal to 10% of your total purchases from the previous year
CardRatings Tip
If you hold other Chase-Ultimate-Rewards-earning cards, you can pool the points earned with those cards with the points you earn with the CardName. And because CardName points are worth 25% more when redeemed for travel, that means all points pooled into your Sapphire account could also be worth 25% more in value! There a number no-annual-fee Chase credit cards that make a lot of sense to hold alongside the CardName. Learn more about how to best take advantage of this strategy in our Guide to Chase Ultimate Rewards.
CardName benefits
The CardName has quickly become one of the most popular cards for CardRatings readers. The popularity stems from the ongoing value of this card: high rewards rates, no blackout dates, restrictions or expiration dates on rewards. Cardholders can even use their points to book a flight for someone else.
Cardholders can also take advantage of an additional 25% value for travel when redeeming points through Chase Travel, 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 cruises.
It is also important to look at the points transfer partners, which include, among others:
- British Airways Executive Club
- World of Hyatt
- Virgin Atlantic Flying Club
- Marriott Bonvoy™
- United MileagePlus®
- IHG® Rewards Club
- Southwest Airlines Rapid Rewards
- Marriott Bonvoy
- JetBlue® TrueBlue
- Flying Blue (numerous airline partners, including Air France and KLM Royal Dutch Airlines)
- For the full list, please see our Chase Ultimate Rewards guide
If you prefer to travel with loyalty programs outside of Chase partners, the CardName 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.
In addition to easy rewards earning and spending, the CardName offers a number of other useful and money-saving benefits that you should be aware of, including:
- No foreign transaction fees
- Auto rental collision damage waiver
- Trip cancellation/trip interruption insurance
- Zero liability protections
- 24/7 direct access to customer service specialists
- Baggage delay insurance
- And more
How do cardholders rate the CardName?
CardRatings conducts a survey annually to learn what actual cardholders think of their cards. Here are the results for the CardName:
| Current Scores | Past Scores | |
|---|---|---|
| Overall Score | 80.3 | 86.6 |
| Rewards Program Satisfaction | 7.8 | 8.6 |
| Customer Service | 8.0 | 8.7 |
| Website/App Usability | 8.3 | 8.8 |
| Likelihood of Continuing to Use | 8.4 | 8.7 |
| Recommend to a Friend/Colleague | 8.1 | 8.6 |
How the CardName compares to other travel cards
CardName vs. CardName
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At AnnualFees the annual fee is a bit steep with the CardName, however, that annual fee gets you a lot.
To start, points are worth 50% more when redeemed for travel through Chase Travel. That means that the signup bonus of 60,000 points once spending $4,000 in the first three months is worth $900 when redeemed through Chase Travel. Additionally, the CardName offers a $300 Annual Travel Credit for reimbursement for travel purchases charged to your card, as well as up to a $100 reimbursement to cover the application fee to Global Entry or TSA PreCheck.
As far as rewards go, the CardName earns a bit more: 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel immediately after the first $300 is spent on travel purchases annually; 3x points on other travel and dining; and 1x point per dollar spent on all other purchases. There’s also a 1:1 point transfer value to leading airline and hotel loyalty programs, and access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass Select.
CardName vs. CardName
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CardName and CardName both have solid bonus opportunities for new cardholders. New CardName members can earn 60,000 points after spending $4,000 in the first three months, worth $750 in travel through the Chase portal. The CardName offers a limited time, earn 75,000 miles once you spend $4,000 on purchases within the first three months of account opening, plus receive a one-time $250 Capital One Travel credit in your first cardholder year – that’s equal to $1,000 in travel! The CardName also carries a AnnualFees annual fee.
The big difference between these two cards is that you earn two times the miles on all your purchases with the CardName as compared to the tiered points earning with the CardName.
Chase Travel points are transferable to a number of airline and hotel loyalty programs and so are CardName miles, though to different partners than with the Chase card. With the CardName 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 numerous leading travel loyalty programs. Those points might be valuable to you if you have some travel loyalties. Let’s not forget though that Chase bonus points are worth 25% more when you redeem them for travel through Chase Travel.
To learn more about how these two cards line up side-by-side, check out our in depth Chase Sapphire Preferred® vs. Capital One Venture comparison.
Is the CardName worth it?
Though moderate, the CardName does have an annual fee to consider. If you’re only a once-a-year traveler or you rarely dine out, the cost to carry this card might not be worth it to you. However, if you’re a frequent traveler, or at least an occasional traveler who often grabs takeout or enjoys a nice restaurant experience, the CardName can be a fantastic value.
Frequently asked questions
Does Chase Sapphire Preferred® cover Global Entry?
Does Chase Sapphire Preferred® have car rental insurance?
How to downgrade Chase Sapphire Preferred®?
How much are Chase Sapphire Preferred® points worth?
Does Chase Sapphire Preferred® have lounge access?
Does Chase Sapphire Preferred® have foreign transaction fees?
Does Chase Sapphire Preferred® still have hotel credit?
Our Methodology
Survey methodology: CardRatings commissioned Op4G in September 2023 to conduct surveys among 1,869 cardholders nationwide. CardRatings website analytics from Jan. 1, 2023-Aug. 31, 2023 were used to determine a selection of the most popular cards and additional cards were included to add survey breadth. Responses to each of nine questions were given on a scale of 1-10 and respondents’ scores were then averaged under broad topics. To determine the overall score, responses from questions 1-8 were summed and the answer to “How likely are you to recommend this card to a friend, coworker or family member?” was double weighted. Current Scores reflect scores from the most recent survey (2023); “Past Scores” reflect scores from the 2022 survey.
Disclaimer:The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.
This content is not provided by any company mentioned in this article. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any such company. CardRatings.com does not review every company or every offer available on the market.
