Chase Sapphire Preferred Credit Card Review
The Chase Sapphire Preferred is a solid all-around travel card that punches above its weight for a $95 annual fee. With a current sign-up bonus of 75,000 points, strong earning rates on dining and travel, and valuable travel protections, it's one of the best entry-level travel cards available.
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What Does the Sign-Up Bonus Get You?
When you sign up for the Chase Sapphire Preferred and spend $5,000 in the first 3 months, you'll earn 75,000 bonus points. Points are worth 1.25X when redeemed for travel through Chase Travel, meaning those 75,000 points are worth $937 in travel. They can also be transferred at 1:1 to over a dozen airline and hotel loyalty partners for potentially even greater value.
Is the Chase Sapphire Preferred Worth It?
For a $95 annual fee the Sapphire Preferred delivers exceptional value. The 3X earning on dining and online groceries makes it a strong everyday card, and the $50 annual hotel credit through Chase Travel helps offset the fee. The 10% anniversary points boost and complimentary DashPass membership add further value. For travelers who want premium perks the Sapphire Reserve may be worth considering, but for most people the Preferred is the sweet spot between cost and benefits.
Card Perks in Detail
5X Points on Chase TravelEarn 5 points per dollar on all travel booked through Chase Travel — one of the highest earn rates available on a card at this price point.
3X Points on Dining, Groceries and StreamingEarn 3 points per dollar on dining worldwide, online grocery purchases (excluding Walmart, Target, and wholesale clubs), and select streaming services. This makes the Preferred a strong everyday card even when you're not traveling.
2X Points on All Other TravelEarn 2 points per dollar on all other travel purchases not booked through Chase Travel — flights, hotels, taxis, rideshare, and more.
5X Points on Lyft and PelotonEarn 5X total points on Lyft rides through 9/30/27 and on eligible Peloton equipment and accessory purchases over $150 through 12/31/27.
$50 Annual Hotel CreditEarn up to $50 in statement credits each account anniversary year for hotel stays purchased through Chase Travel.
10% Anniversary Points BoostEach account anniversary you'll earn bonus points equal to 10% of your total purchases made the previous year. Spend $25,000 and get 2,500 bonus points automatically.
Complimentary DashPass MembershipGet a complimentary DashPass membership — a $120 value — for 12 months with $0 delivery fees on eligible DoorDash orders. Activate by 12/31/27. DashPass members also get a $10 monthly promo for groceries and retail orders.
1:1 Point Transfers to Travel PartnersTransfer your points at 1:1 to over a dozen leading airline and hotel loyalty programs, giving you flexible redemption options that can often exceed the Chase Travel portal value.
Travel ProtectionsTrip cancellation and interruption insurance, baggage delay coverage, primary auto rental collision coverage, and purchase protection are all included — providing peace of mind on every trip.
No Foreign Transaction FeesUse your card abroad without any extra fees — a must-have for international travelers.
Pros and Cons
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Who Is This Card Best For?
This card is ideal for everyday spenders who dine out, order delivery, and take occasional trips. The 3X on dining and groceries makes it one of the best everyday earning cards at its price point. If you're new to travel rewards cards, this is one of the best places to start.
Who Should Skip This Card?
If you travel frequently and can justify a higher annual fee, the Sapphire Reserve's premium perks and higher earn rates may be worth the upgrade. Business travelers with high spending may also find better value in a dedicated business card.
Quick Stats
| Annual Fee | $95 |
| Sign-Up Bonus | 75,000 points |
| Spending Requirement | $5,000 in first 3 months |
| Points on Chase Travel | 5X per dollar |
| Points on Dining | 3X per dollar |
| Points on Groceries & Streaming | 3X per dollar |
| Points on All Other Travel | 2X per dollar |
| Points on All Other Purchases | 1X per dollar |
| Annual Hotel Credit | $50 |
| Best For | Everyday spenders and occasional travelers |
Our Verdict
The Chase Sapphire Preferred is one of the best value travel cards available at its price point. For just $95 a year you get a 75,000 point sign-up bonus, strong everyday earning rates, and solid travel protections. It's a great starting point for anyone building a travel rewards strategy.