Value assumptions and offer source
1¢ per point: Cash back (statement credit) (editorial estimate, 2026-01-31). Subtracts the annual fee; excludes ongoing rewards, credits, interest, and taxes.
Offer last checked 2026-09-16.
Offer sourceChase Sapphire Preferred
Sign-Up Bonus
Bonus History
Tracking since February 10, 2026
Earning Rates
Card Benefits
- ✓Up to $100 in Chase Travel hotel credits per account anniversary year; credited purchases do not earn points
- ✓Up to $120 Global Entry, TSA PreCheck or NEXUS application fee credit every four years
- ✓Primary rental collision/theft coverage subject to the benefit guide
- ✓No foreign transaction fees
Why Consider the Chase Sapphire Preferred
The Chase Sapphire Preferred from Chase offers a 75,000 points sign-up bonus worth approximately $750. You need to spend $5,000 in 3 months, which requires planning but is achievable with regular expenses.
Beyond the sign-up bonus, the card earns 5x Chase Travel purchases, 3x dining, selected streaming and online grocery (exclusions apply), 3x gas stations, EV charging and vacation homes at eligible brands, 2x other travel on top of 1x on other purchases. Ultimate Rewards points can be transferred to airline and hotel partners for outsized value, or redeemed at 1.25-1.5x through the Chase travel portal with a Sapphire card.
The $95 annual fee is reasonable given the bonus value and ongoing rewards. The card requires good credit (670+).
Chase Application Rules
5/24 rule: Cannot be approved if you've opened 5+ cards in past 24 months
Compare This Card
Related Guides
On Chase's secure site