Chase Sapphire Preferred® Credit Card
The Chase Sapphire Preferred® Credit Card from Chase earns up to 3% effective value on dining in Madeen's catalog snapshot. Its annual fee is $95. New applicants may see: Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.. Madeen compares this card against the cards you already carry — no bank login required.
- Top category
- Dining
- Effective value
- 3%
- Annual fee
- $95
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Madeen compares public issuer terms with its card-rule catalog. Issuer pages control rewards, fees, benefits, exclusions, and eligibility; Madeen does not issue cards, make approval decisions, or provide financial advice.
What does the Chase Sapphire Preferred Credit Card earn in each category?
Dining is the strongest category at 3% effective value (3x points at about 1 cents each). That dining rate ranks higher than about 66% of the 1,547 cards we track in that category. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
Dining is the strongest category at 3% effective value (3x points at about 1 cents each). That dining rate ranks higher than about 66% of the 1,547 cards we track in that category.
| Category | Earn rate | Effective value |
|---|---|---|
| Dining Restaurants, cafes, takeout | 3x points | 3% Top category |
| Grocery Supermarkets and grocery stores | 1x points | 1% |
| Gas Gas stations and fuel | 1x points | 1% |
| Travel Flights, hotels, transit | 1x points | 1% |
| Other General everyday spend | 3x points | 3% |
Madeen values Chase Ultimate Rewards at about 1 cents each. Madeen compares every card using this cash-equivalent estimate while still showing the raw earn rate for context.
What are the Chase Sapphire Preferred Credit Card reward caps and conditions?
The Chase Sapphire Preferred Credit Card has 2 notable cap or condition rule(s) in Madeen's catalog, including activation windows, spend limits, and category exclusions. Review each bullet below before assuming unlimited earn rates. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
- Earn 3x points on dining, including eligible delivery services, takeout and dining out
- Earn 3x points on select streaming services
Who should get the Chase Sapphire Preferred Credit Card?
The Chase Sapphire Preferred Credit Card fits spenders who put meaningful volume in dining and can earn 3x points. Best for spenders who put meaningful volume in dining and can earn 3x points. The welcome bonus can help if you can meet the spend requirement.
The Chase Sapphire Preferred remains one of the clearest travel-rewards starter cards because the earn rates are easy to explain and the points valuation is well understood. Madeen compares its effective rate against the cards you already carry without bank login.
Best for spenders who put meaningful volume in dining and can earn 3x points. The welcome bonus can help if you can meet the spend requirement.
Compare it against simpler no-fee cards if you want minimum complexity.
A common upgrade path for travelers who want flexible points; run it through Madeen against your current wallet first.
Pros
- Strong travel and dining earn rates with a widely used points currency
- Welcome bonus can be meaningful if spend requirements fit your budget
Cons
- Annual fee makes it weaker for low spenders
- Points value depends on how you redeem, not straight cash back
Does the Chase Sapphire Preferred Credit Card have an annual fee, and what's the welcome bonus?
The Chase Sapphire Preferred Credit Card has an annual fee of $95 and a foreign transaction fee of None. New applicants may see: Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.. Confirm current issuer terms before applying.
- Annual fee
- $95
- Foreign transaction fee
- None
- Signup bonus
- Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
What benefits come with the Chase Sapphire Preferred Credit Card?
The Chase Sapphire Preferred Credit Card includes $50 Annual Chase Travel Hotel Credit, 1:1 Point Transfer, Additional Value with Ultimate Rewards in our snapshot. Perks and benefits can change; verify coverage on the issuer site before you rely on them.
- $50 Annual Chase Travel Hotel Credit
Earn up to $50 in statement credits each account anniversary year for hotel stays purchased through Chase Travel.
- 1:1 Point Transfer
Are you a member of a frequent travel program? With Chase Sapphire Preferred®, you can transfer your points to leading frequent travel programs at 1 to 1 value.
- Additional Value with Ultimate Rewards
Get 25% more value when redeemed for travel. For example 60,000 points are worth $750 toward travel when redeemed through Chase Ultimate Rewards®. Plus, ultimate rewards points do not expire as long as the account is open.
- Anniversary Bonus Points
Each account anniversary you'll earn bonus points equal to 10% of your total purchases made the previous year. That means if you spend $25,000 on purchases, you'll get 2,500 bonus points.
- Auto Rental Coverage
Decline the rental company's collision insurance and charge the entire rental cost to your card. Coverage is primary and provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.
- Baggage Delay Insurance
Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier up to $100 a day for 5 days.
- Booking.comIncluded with Visa Signature®
Purchase qualifying stays with your eligible Visa Credit or Debit card and get up to 8% in Travel Credits to use on future flights, stays, car rentals, attractions, car rentals, taxis and more.
- Complimentary 4th night at Ennismore Hotel properties
Get VIP access to benefits at SLS, Mondrian, Delano, House of Originals and Hyde hotels and resorts around the world. Cardmembers can stay a little longer with a complimentary 4th night and receive room upgrades, late checkouts, daily complimentary breakfast, a $30 food and beverage credit and much more.
Common questions about the Chase Sapphire Preferred Credit Card
Does the Chase Sapphire Preferred Credit Card have an annual fee?
The Chase Sapphire Preferred Credit Card carries an annual fee of $95 in Madeen's catalog snapshot. Issuer terms can change, so confirm the current fee on the issuer's site before you apply. Madeen does not predict approval or prequalification. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
What category earns the most with the Chase Sapphire Preferred Credit Card?
Dining is the strongest Madeen category for the Chase Sapphire Preferred Credit Card at about 3% effective value, based on our catalog snapshot and standard point valuations. Other categories are listed in the effective-rate table on this page. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
Does the Chase Sapphire Preferred Credit Card charge foreign transaction fees?
The Chase Sapphire Preferred Credit Card does not charge a foreign transaction fee in Madeen's catalog snapshot, which can make it stronger for purchases outside the U.S. Issuer terms still control international acceptance and other fees. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
What is the Chase Sapphire Preferred Credit Card welcome bonus?
The Chase Sapphire Preferred Credit Card welcome offer in our snapshot: Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.. Minimum spend, eligibility, and offer windows are set by the issuer and can change.
Is the Chase Sapphire Preferred Credit Card annual fee worth it?
Whether the $95 annual fee pays off depends on how much you spend in dining and whether you use the card's benefits. Madeen compares effective rates across the cards you already carry without bank login. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
What credit score do you need for the Chase Sapphire Preferred Credit Card?
Madeen's catalog lists a typical credit range of Good to Excellent for the Chase Sapphire Preferred Credit Card. Issuers decide approval using their own criteria; Madeen does not predict approval odds or prequalification. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
How does the Chase Sapphire Preferred Credit Card compare to similar cards?
Compare the Chase Sapphire Preferred Credit Card against Aeroplan Card (4.5% on Dining, $95 fee); AARP (3% on Dining, $0 fee); Chase Freedom Flex Credit Card (3% on Dining, $0 fee). Madeen ranks effective value by category and annual fee using the same catalog snapshot dated 2026-05-01.
| Card | Top category | Effective value | Annual fee |
|---|---|---|---|
Chase Sapphire Preferred Credit Card This card | Dining | 3% | $95 |
Chase | Dining | 4.5% | $95 |
Chase | Dining | 3% | $0 |
| Dining | 3% | $0 | |
| Dining | 3% | $0 |
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