thumb_up Advantages Worth Knowing About Chase Sapphire Preferred®

Chase Sapphire Preferred® combines accelerated rewards in several spending categories with flexible redemption options and travel benefits. Its Ultimate Rewards® program, hotel credit and lack of foreign transaction fees can be useful for cardholders who regularly spend on travel, dining and other eligible categories.

• done Earn 5x points on eligible purchases made through Chase Travel®.
• done Earn 3x points on dining, gas, EV charging, eligible vacation homes, online groceries and select streaming services.
• done Receive up to $100 in annual statement credits for eligible hotels purchased through Chase Travel®.
• done No foreign transaction fees on purchases made outside the United States.

thumb_down Important Limitations to Consider Before Applying

The card has a $95 annual fee, and some of its strongest rewards depend on purchases made through Chase Travel®. Cardholders who carry balances may also pay interest according to the applicable variable APR, while rewards, credits and insurance benefits remain subject to specific terms and eligibility requirements.

• close The card charges a $95 annual fee.
• close The 5x travel earning rate and annual hotel credit require eligible purchases through Chase Travel®.
• close Interest charges may apply when balances are carried.

help How to Apply for the Chase Sapphire Preferred® Card

Applications can be submitted through the official Chase website. Before applying, applicants should review the annual fee, APR, rewards terms and eligibility conditions, then provide the requested personal and financial information for Chase to evaluate the application.

1. Visit the official Chase Sapphire Preferred® page.
2. Review the card's current rewards, fees and APR.
3. Select the option to start the application.
4. Enter the requested personal and financial information.
5. Review the information and disclosures carefully.
6. Submit the application and follow Chase's instructions for the next steps.

A Closer Look at the Chase Sapphire Preferred® Experience

Chase Sapphire Preferred® can be useful for consumers who regularly spend across several of its bonus categories. Dining, gas, EV charging, qualifying online groceries, eligible vacation-home purchases and select streaming services currently earn 3x points, while other eligible travel purchases earn 2x points and purchases outside bonus categories generally earn 1x point per dollar.

Ultimate Rewards® points can be redeemed through different options or transferred to participating travel loyalty programs, while travel protections and credits add another layer of value. Because the card has a $95 annual fee, consumers should compare the benefits they realistically expect to use with the cost of keeping the account before deciding whether it fits their spending habits.