Chase Sapphire Preferred Card Review
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The Chase Sapphire Preferred® Card is a travel rewards card designed for the occasional traveler. It has a great signup bonus, excellent rewards, and a $50 credit to your account when you book hotels through Chase Ultimate Rewards. It’s possible to squeeze even more value out of your points if you transfer them to Chase’s travel partners. You’ll need excellent credit to be approved, but still: this card packs a ton of value. We dive into the details and your approval odds in this Sapphire Preferred review.
Our Rating
4.9/5.0
Welcome Offer
Earn 60,000 bonus points
Annual Fee
$95
0% on Purchases
N/A
Reward Rate
1x – 5x points
0% on Balance Transfers
N/A
Welcome Offer
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 Ultimate Rewards®.
Features & Benefits
Security | EMV Chip Enabled, Fraud Monitoring, Zero Liability |
Contactless Payments | Tap to Pay, Apple Pay, Google Pay, Samsung Pay |
Benefits | Extended Warranty Coverage, Purchase Protection |
Travel Perks | Auto Rental Collision Damage Waiver, Emergency Travel Assistance, Luggage Protection, Trip Delay Reimbursement, Travel Accident Insurance, Trip Cancellation Insurance |
Rewards
Interest Rates & Fees
Annual Fee | $95 |
Foreign Transaction Fee | $0 |
Regular APR | 21.49%-28.49% (V) APR |
Insurance
Trip Delay Insurance
If your common carrier travel is delayed more than 12 hours or requires an overnight stay, you and your family are covered for unreimbursed expenses, such as meals and lodging, up to $500 per ticket.Trip Cancellation and Interruption Insurance
If your trip is canceled or cut short by sickness, severe weather and other covered situations, you can be reimbursed up to $10,000 per person and $20,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours, and hotels.Extended Warranty
Extends the time period of the U.S. manufacturer’s warranty by an additional year, on eligible warranties of three years or less.
Purchase Protection
Covers your new purchases for 120 days against damage or theft up to $500 per claim and $50,000 per account.
Lost Baggage 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.
What Credit Score Is Required to Get the Chase Sapphire Preferred® Card
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in their underwriting process, and these factors can change at any time.
App Status | Date | Credit Score | Bureau | Credit Limit |
---|---|---|---|---|
Approved | 08/03/2023 | Not Provided | ||
Approved | 04/19/2023 | Equifax | ||
Approved | 04/19/2023 | Experian | ||
Approved | 04/19/2023 | TransUnion | ||
Approved | 11/11/2023 | Not Provided | ||
Approved | 04/18/2023 | Experian | ||
Approved | 05/21/2023 | Experian | ||
Approved | 04/04/2023 | Equifax | ||
Approved | 04/04/2023 | Experian | ||
Approved | 07/06/2023 | Experian | ||
Approved | 07/06/2023 | Equifax | ||
Approved | 07/06/2023 | TransUnion | ||
Approved | 10/19/2023 | Not Provided | ||
Approved | 06/14/2023 | Experian | ||
Approved | 04/06/2023 | Not Provided | ||
Approved | 04/14/2023 | Experian | ||
Approved | 04/14/2023 | Equifax | ||
Approved | 04/14/2023 | TransUnion | ||
Approved | 10/23/2023 | TransUnion | ||
Approved | 10/03/2023 | Equifax | ||
Approved | 10/03/2023 | Experian | ||
Approved | 10/03/2023 | TransUnion |
Pros & Cons
- Welcome offer
- No foreign transaction fee
- Earns Chase Ultimate Rewards points
- Up to 5x points
- Annual fee
- High APR
- Requires good credit
What Are the Best Alternatives?
Chase Sapphire Reserve®
Rating
4.9
Rewards Range
1x - 10x
Annual Fee
$550
Capital One Venture X Rewards Credit Card
Rating
4.9
Rewards Range
2x - 10x
Annual Fee
$395
The Platinum Card® from American Express
Rating
4.5
Rewards Range
1x - 5x points
Annual Fee
$695