Chase Sapphire Preferred
Visa travel card with a $95 annual fee. Earns 5x on travel booked through Chase Travel, 3x on dining, 3x on gas stations and EV charging.
Terms read from Chase's page on October 16, 2026. Rates and terms are set by the issuer and may change. We don't estimate approval odds.
Fees and rates
- Annual fee
- $95
- Foreign transaction fee
- None
- Purchase APR
- 19.49% to 27.74%
Rewards
- 5x on travel booked through Chase Travel
- 3x on dining
- 3x on gas stations and EV charging
- 3x on select streaming services
- 2x on other travel
- 1x on everything else
Earns Chase Ultimate Rewards (Sapphire and Ink Preferred), valued at 1 cents as cash, 1 through the issuer's travel booking and 2.05 with transfer partners.
Credits, as counted
- Chase Travel hotel credit: $100 a year60% used
- Global Entry or TSA PreCheck fee credit: $120 every 4 years80% used
Perks, not valued
- Trip cancellation and interruption insurance
- Primary car rental coverage
- No foreign transaction fees
Worked examples
Value on each spending preset, points redeemed as cash, typical use of credits.
| Spending | Year 1 | Year 2+ | 3 years | Break-even |
|---|---|---|---|---|
| Student | $177 | $177 | $530 | Month 5 |
| Family | $1,343 | $593 | $2,528 | Month 2 |
| Frequent traveller | $1,532 | $782 | $3,097 | Month 2 |
Frequently asked questions
Is the Chase Sapphire Preferred worth it?
On a family's spending ($3,350 a month, points as cash), it's worth $1,343 in year 1 and $593 a year after that, after a $95 annual fee. It pays for its fee by month 2.
What is the Chase Sapphire Preferred welcome bonus?
75,000 points after $5,000 in purchases in the first 3 months.
Does the Chase Sapphire Preferred charge foreign transaction fees?
No. It charges no foreign transaction fee.
What isn't counted in its value?
3x on online grocery isn't modelled: the spend profile doesn't split online from in-store groceries.
Sources
Estimates for information only; not tax, legal or financial advice. See our methodology.