Chase Sapphire Preferred Review
Bottom Line
Chase Sapphire Preferred is best for frequent travelers who want flexible rewards without a huge annual fee. Excellent sign-up bonus and flexible point transfers make it stand out, though $95 annual fee is worth considering.
Key Features
Rating Breakdown
Pros & Cons
Chase Sapphire Preferred Pros
- + Excellent sign-up bonus
- + Flexible point transfers
- + No foreign transaction fees
- + Trip cancellation insurance
- + 25% more value on Chase portal
Chase Sapphire Preferred Cons
- - $95 annual fee
- - No airport lounge access
- - Limited premium travel perks
Who Is Chase Sapphire Preferred Best For?
Chase Sapphire Preferred is ideal for frequent travelers who want flexible rewards without a huge annual fee. If that describes you, it's one of the strongest options available in 2026.
Key advantages include excellent sign-up bonus, flexible point transfers, no foreign transaction fees. The main drawbacks to be aware of are $95 annual fee and no airport lounge access.
Our Verdict: 4.7/5
Chase Sapphire Preferred earns a top rating from us. It excels in nearly every category and is one of our highest recommendations.
Frequently Asked Questions
Chase Sapphire Preferred typically requires good to excellent credit (670+). Your approval odds depend on your full credit profile, income, and existing debt. Check your score before applying.
Chase Sapphire Preferred currently offers 60,000 points after $4,000 spend in 3 months. Bonus terms and spending requirements can change, so verify the current offer on the issuer's website before applying.
Chase Sapphire Preferred charges None. This is important to consider if you travel internationally or shop on foreign websites.
Chase Sapphire Preferred earns 5x travel via Chase, 3x dining & streaming, 2x other travel, 1x everything else. Points, miles, or cash back can typically be redeemed for statement credits, travel, gift cards, or other options depending on the card network.
The $95 on Chase Sapphire Preferred can be worth it if you maximize the card's benefits. Excellent sign-up bonus alone can offset the cost for frequent travelers who want flexible rewards without a huge annual fee.