Chase Sapphire vs Chase Sapphire Preferred: What's the Difference?
With solid rewards programs and generous bonuses, both the Chase Sapphire and Chase Sapphire Preferred cards offer a good value, but the upgraded Sapphire Preferred card earns points faster, has a larger bonus, and offers more perks to cardholders. In exchange for these benefits, the Sapphire Preferred card changes an annual fee of $95 (waived the first year), while the regular Sapphire card has no annual fee.
Overall, most cardholders will get a better deal from using the Sapphire Preferred Card. Its benefits are much more generous, and its $95 annual fee is reasonable given the more lucrative sign up promotion.
However, if you rarely use your card or have trouble with the idea of paying an annual fee, the standard Sapphire Card is also a good choice.
Every time you buy something on either Sapphire card, you earn reward points. These points are good for travel rewards, gift cards, merchandise, and cash back. Both cards earn an unlimited 1 point per dollar spent on most purchases. They each also offer bonus categories for extra points. Both cards earn 2 points for every dollar spent dining at restaurants.
The Sapphire Preferred Card also offers a few extra ways to earn bonus points:
As a new cardholder of either card, you are eligible for a signup bonus.
A disadvantage of both cards is that neither offers a 0% introductory APR. If you plan to carry a balance, you may want to consider a low interest credit card instead.
These cards also include a few other benefits. On both cards, Chase offers 24/7 customer service that connects you to a live person right away; you don’t need to fight with complicated computer phone systems.
The Chase Sapphire Preferred Card has a couple other perks. You can transfer your reward points on a 1:1 basis to a large selection of participating frequent flyer programs. This card also no foreign transaction fees, so you don’t have to worry about extra foreign transaction fees while travelling abroad.
Both are decent programs, overall. However, if you can afford the $95 annual fee, the Chase Sapphire Preferred Card is a better deal, as its extra benefits quickly pay back the annual fee.
Read our side-by-side comparison to see which one is best for you.
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