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Updated July 31, 2017

Chase Sapphire Preferred Review: Why It's Worth $95

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Travel credit cards are a great way to earn flights and hotel stays. Our favorite is the Chase Sapphire Preferred® Card because of its bonus point offers and premium travel benefits. Read on to see if the Sapphire Preferred's annual fee is worth it for you.

Chase Sapphire Preferred
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Overall Score

4.5

Rewards

4.5

Fees

3.5

Benefits

5.0

Airline Transfer Partners

5.0
5-point scale (the higher, the better)

Pros and Cons

  • Generous bonus points
  • Flexible travel rewards
  • Travel, purchase and security protection
  • $0 Foreign Transaction Fee
  • Introductory Annual Fee of $0 the first year, then $95
  • No intro APR

Bottom Line

High-earning rewards card for those with excellent credit

Who This Card is Good For

  • Those who like to play the airline miles game. In our opinion, the most valuable feature is the ability to transfer points to Ultimate Rewards travel transfer partners. If you don't take advantage of this, you're missing out on getting the most value out of Chase Ultimate Rewards.

    Note: If you are interested in this card, make sure you prioritize this application over any other cards you may be considering. Chase has a 5/24 rule, which means that if you've opened more than five new credit cards in the last 24 months (including non-Chase cards), your application will most likely be declined.

    So if you are interested in the Chase Sapphire Preferred sign-up bonus, travel rewards and card benefits, then complete your application for this card before you apply for other cards.

  • Travelers. Because this is a travel rewards card with an annual fee, it's best for those who travel at least once a year. With no foreign transaction fees, a smart chip, and worldwide VISA acceptance, the Sapphire Preferred card was made for international travelers.

  • Those who like to dine out. Chase Sapphire Preferred gives you 2x points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases. So eating out frequently is a way to earn points fast.

Many travel credit cards have one major flaw: they are limited to a single airline or hotel chain.

The one-airline strategy can work for some people if you live in an area where there aren't many airlines to choose from or you have a favorite airline that you always stick with no matter what. But for the majority of people flexibility is the key.

With the Chase Sapphire Preferred, you can redeem your rewards for a statement credit, book travel through Chase Ultimate Rewards (with a 20% discount), or transfer them to a selection of participating airlines or hotel transfer partners (at a 1:1 ratio).

What is the Best Chase Credit Card Promotion for 2017?

Why We Like Chase Sapphire Preferred

The Sapphire Preferred wins us over for five big reasons.

  1. A big bonus. You can earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®

    What can you do with 50,000 bonus points? A lot. Those 50,000 points can be redeemed for $625 value in travel purchases made through Chase Ultimate Rewards.

    Imagine what you would do with $625. A flight to Las Vegas for two? A weekend hotel stay in New York?

    Makes the points go even further when you transfer to an airline partner. For example, you can transfer 50,000 points to British Airways and redeem for 2 round-trip award tickets from Los Angeles to Hawaii. A round-trip airfare to Hawaii could cost as much as $500 - $800 depending on the time of the year. Read this guide for ideas on how to redeem Chase Ultimate Rewards points.

    Are you worried that $4,000 is too much to spend in 3 months?

    $4,000 might sound like a lot to spend in three months, but remember, the average household spends over $10,000 a year on food, apparel and entertainment alone. Think about how much you spend a month on your current credit card. It might not be as far off as you think.

    Tip: Here is a helpful guide on how to meet $4,000 minimum spending requirement.

    You can also earn an additional 5,000 points by adding an authorized user (such as your spouse) and making a purchase within the first three months of opening your account.

    To take advantage of the promotion, visit Chase' secure website to apply.

  2. You get double reward points on both travel and dining: Earn 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide.

    That means you get 2 points for each $1 spent on airfare, train tickets, hotel stays and dining at restaurants (including fast food).

    Luckily, Chase has a pretty wide definition of what counts as travel and dining. Some surprising things that earn double points include:

    • Uber rides
    • Highway tolls
    • Airport parking
    • Ferries
    • Campground fees

    Whether you are traveling for work or picking up dinner for the kids, your Chase rewards points will add up quickly when you use your card for these types of purchases.

  3. You can get travel discounts. When you redeem your points online at Chase Ultimate Rewards, you'll receive 20% off travel, including airfare, hotels, car rentals and cruises.

    These savings can add up quickly. According to a 2013 survey, the average vacation for a family of four costs $4,580. A 20% discount on a comparable trip would equal over $900 in savings.

    The 20% discount means that each point is worth 1.25 cents when you book travel through Chase Ultimate Rewards. For example, if you book a $500 airfare using Chase Ultimate Rewards, it would only require 40,000 points. This is why the Sapphire Preferred is a popular card for people who like to save money on traveling

  4. It's easy to transfer points. Sometimes you can squeeze even more value out of your Chase points by transferring them to a participating frequent travel programs. Points can be transferred with no fees and at full 1:1 value to airline and hotel transfer partners.

    Participating partners include Southwest Airlines, United Airlines, British Airways, Air France, Korean Air, and Virgin Atlantic. If you frequent any of these airlines, the Sapphire Preferred could help you earn free flights quickly.

    Tip: To learn more about frequent flyer miles, read our beginner's guide to miles. Then check out our guide on the best ways to use Chase points.

  5. You won't have to worry about a foreign transaction fee: The Sapphire Preferred does not charge the 3% foreign transaction fee that many other credit cards do, making it an excellent selection if you travel abroad frequently.

    For international travelers, you want a rewards card that has no foreign transaction fee, smart chip technology and worldwide acceptance. The Chase Sapphire Preferred card has all three of these features.

    Tip: No foreign transaction fee and a smart chip is nice but it is of little use if the merchant doesn't accept the card. While American Express and Discover are popular in the United States, that might not be the case where you're going. Chase Sapphire Preferred is a Visa credit card with no foreign transaction fees, smart chip technology, and worldwide acceptance.

Learn more about Chase Sapphire Preferred

Reasons We'd Skip The Card

We can think of three reasons why this might not be the best card for you.

  • That annual fee (Introductory Annual Fee of $0 the first year, then $95). Annual fees are common for rewards cards like the Sapphire Preferred, but some cardholders can't get past that and prefer credit cards that don't have them at all. Fair enough. Do keep in mind the introductory annual fee is $0 for the first year.

    Our suggestion: if you spend at least $190 per week eating out at restaurants and/or traveling, then consider the Sapphire Preferred card since you'll get 2x reward points on travel and dining at restaurants.

  • No introductory APR. This card doesn't offer an introductory interest rate, one of the reasons many consumers sign up for new cards.

    Our suggestion: if you are responsible and usually pay off your balance in full each month, then consider the Sapphire Preferred card. If you tend to carry a balance, check out credit cards with low interest rates instead.

  • Fear of rejection. Because the benefits are so impressive with this card, the application process is quite selective. You'll need excellent/good credit to qualify.

To learn more about the Chase Sapphire Preferred, including the online application, click here to visit Chase's secure website.

Our Thoughts About Chase Sapphire Preferred

Chase Sapphire Preferred is always at the top of our list for recommended travel rewards cards. We love the huge sign-up bonus, the flexibility, and the potential value you can get from it. However, you have to do the math.

The rewards structure only gives you 2x points on travel and dining at restaurants (just 1x on everything else), so you won't be racking up the points fast unless you well... travel and dine out often.

If you spend at least $317 on travel or dining per month, consider this card. Here's why: $317 per month on travel or dining at restaurants will earn 7,608 points per year, worth $95.10 toward travel when you redeem through the Ultimate Rewards travel portal. That's more than the annual fee.

There's also that huge sign up bonus offer to consider. If you spend $4,000 on purchases within the first three months from account opening, you can earn 50,000 bonus points. That's $625 you can put towards travel when you redeem through Chase Ultimate Rewards.

Once you start using it, you'll quickly see why we think Ultimate Rewards are worth more than the "miles" offered by many other credit cards.

Why It's a Good Card for Travelers

With many of its rewards geared toward travelers, the Sapphire Preferred card is like having a mileage and rewards card all-in-one.

  • Redemption: Redeem your points through Chase Ultimate Rewards for travel, gift cards, cash back, etc. If you redeem through Chase Ultimate Rewards for travel, you get 20% off airfare, hotels, car rentals, and cruises.

  • Points Transfer: You can also transfer points to participating frequent travel programs with no transfer fees at full 1:1 value.

    Airline transfer partners include Southwest Airlines Rapid Rewards, United Airlines MileagePlus, British Airways Executive Club, Flying Blue AIR FRANCE KLM, Korean Air SKYPASS, Singapore Airlines KrisFlyer, Virgin Atlantic Flying Club.

    Hotel partners include Marriott, Hyatt, IHG, and The Ritz-Carlton.

    Fly American or Delta? While Chase Ultimate Rewards points can be transferred directly into United or Southwest rewards programs, you cannot transfer Chase Ultimate Rewards points to Delta or American Airlines.

    But what if you still want to fly American or Delta? Here's a smart tactic: You can use British Airways to book a partner flight on American Airlines (and other oneworld alliance partners) and you can use Air France or Korean Air to book a partner flight on Delta Airlines (and other SkyTeam alliance partners).

    If you want to earn even more points for travel, you can pool your Chase points from your Chase Freedom or Chase Freedom Unlimited cards.

    Since the Sapphire Preferred doesn't give you bonus points in popular categories like gas or groceries, consider maximizing your rewards by supplementing it with a Chase Freedom card. The Freedom card earns you 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter. You'll enjoy new 5% categories every three months and unlimited 1% cash back on all other purchases. Use the Freedom card for the bonus categories, and then pool your reward points from both cards.

  • Visa: Chase Sapphire Preferred is a Visa credit card. American Express and Discover are widely accepted in the USA, but if you travel overseas, some retailers only take Visa and MasterCard.

  • Smartchip: Good news for international travelers, the Sapphire Preferred has Chip with Signature technology.

    Note: This is different than "Chip and PIN." With "Chip and PIN", you need to use a PIN on transactions. With "Chip with Signature", you'll need to provide your signature. To learn more, read our Beginner's Guide to Chip Credit Cards.

To learn more why the Chase Sapphire Preferred is a good card for travelers, here is a link to Chase's secure website. There you'll find the online application there and details on how to qualify for the 50,000 bonus point deal.

Earning Points

Earning points with the Sapphire Preferred card is pretty straightforward - you get 2x points on travel and dining at restaurants worldwide and 1 point per dollar spent on all other purchases.

Even better, Chase also has a pretty wide definition of what counts as travel. Here's a list:

  • airlines
  • hotels and motels
  • timeshares
  • campgrounds
  • car rentals
  • cruise lines
  • travel agencies and discount travel sites
  • trains, buses, limos, and ferries
  • tolls, bridges, and highways
  • parking lots and garages

Dining at restaurants include fine dining establishments as well as fast food restaurants.

Tip: You can earn bonus rewards points when shopping through Chase's Ultimate Rewards shopping portal. There are over 200 partner merchants that offer extra bonus points per dollar spent. Most stores offer 2x-5x points per $1, but some stores go as high as 15x or 20x points. So whenever you want to do a bit of online shopping, check out the Chase mall first to see if your store is on the list.

Travel Protection

© CreditDonkey

When you use this card to make your travel arrangements, you will receive a variety of card benefits as outlined below:

  • Travel Insurance: You are eligible to receive up to $500,000 in travel accident insurance as well as emergency assistance services via phone 24/7.

    You can also get up to $3000 reimbursement if you or your family's luggage is lost or damaged. If your baggage is delayed after you arrive, you can be reimbursed for essentials, such as toiletries and clothes, for up to $100/day for five days.

    If your trip is delayed for more than 12 hours, each ticketed person in your family can receive up to $500 total reimbursement for meals and hotel stays if you are not reimbursed by another source.

  • Trip Cancellation/Interruption: If you've paid for your trip with the card, you have added protection if your trip is interrupted by weather or you or a family member get sick. You can be reimbursed up to $10,000 per trip for your non-refundable, pre-paid travel expenses, including airfare, hotel, and tours.

  • Car Rental Insurance: The Sapphire Preferred card offers primary, not secondary, collision and damage insurance for most rental cars when you pay the entire car rental fee in full and decline the rental company's collision and damage insurance. Most other credit cards (even travel cards) offer just secondary insurance, so this is a very useful card benefit.

Purchase Protection and Extended Warranty

The card benefits go beyond just travel, too. We'll highlight a few of those here:

  • Purchase Protection: On most purchases, you will be reimbursed up to $500 if the item is damaged or stolen within 120 days from purchase. That nearly four-month period can give you peace of mind.

  • Extended Warranty: An additional one year warranty will be added to eligible purchases made with the card for items that come with an initial three year or less warranty.

  • Price Protection: You also get price protection for up to 90 days after the date of purchase. So if you find a lower advertised price within that time, you can be reimbursed the difference, up to $500 dollars per eligible purchase with a maximum of $2500 per year. (Note that these are for purchases made in the U.S. only.)

Here's a quick recap of the pros and cons for easy reference:

Pros

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
  • $0 Foreign Transaction Fee

Cons

  • Introductory Annual Fee of $0 the first year, then $95
  • No introductory APR offer
  • Hard to qualify for because it requires excellent/good credit

Worth the annual fee?

Here's how the Chase Sapphire Preferred stacks up against the Chase Freedom, a cashback Chase card with no annual fee.

 

Chase Sapphire Preferred

Chase Freedom

 

Interest Rates and Fees

Introductory APR for PurchasesN/A0% introductory APR for 15 months
Introductory APR for Balance TransfersN/A0% introductory APR for 15 months
Purchase APR16.99% to 23.99% Variable based on your creditworthiness and other factors15.99% to 24.74% Variable based on your creditworthiness and other factors
Balance Transfers APR16.99% to 23.99% Variable based on your creditworthiness and other factors15.99% to 24.74% Variable based on your creditworthiness and other factors
Foreign Transaction FeeNo foreign transaction fee3% of each transaction in U.S. dollars
Annual FeeIntroductory Annual Fee of $0 the first year, then $95$0 annual fee
 

Benefits and Features

Cash Back Deal Introductory Bonus Cash Back: Earn a $150 bonus after spending $500 on purchases in your first 3 months from account opening.
Points DealIntroductory Bonus Reward Points: Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards® 
Cash Back Cash Back Rewards: Unlimited 1% cash back on all other purchases.
Bonus Cash Back Bonus Cash Back: Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter. Unlimited 1% cash back on all other purchases.
Bonus Categories for 2017:
Q1 (January 1 – March 31, 2017): Gas stations and local commuter transportation (not including parking, tolls, and Amtrak® purchases)
Q2 (April 1 - June 30, 2017): Grocery stores (not including Walmart® and Target® purchases)
Q3 (July 1 – September 30, 2017): Restaurants and movie theaters
Q4 (October 1 – December 31, 2017): Walmart and department stores
TravelTravel Rewards: 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide.
1:1 point transfer to leading airline and hotel loyalty programs
 
AirlineAirline Rewards: 1:1 point transfer to leading airline and hotel loyalty programs 
HotelHotel Rewards: 1:1 point transfer to leading airline and hotel loyalty programs 
PointsPoint Rewards: 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide 
RestaurantDining Rewards: 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide 
Airline Transfer PartnersAirline Transfer Partners: Airline transfer partners include United Airlines, Southwest Airlines, British Airways, Air France, Korean Air, Singapore Airlines, and Virgin Atlantic. 

Chase Freedom: Pricing information including interest rates, benefits and fees was obtained on July 17, 2017 from published websites and is believed to be accurate, but not guaranteed.

Disclaimer: The information for the Chase Freedom has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

Related Chase Card: Chase Sapphire Preferred vs Chase Slate

Are you a frequent traveler? If a $550 annual fee does not scare you, then read this comparison review of Chase Sapphire Preferred vs AMEX Platinum. Keep in mind, the AMEX Platinum Card from American Express (a CreditDonkey advertiser) is a charge card and not a credit card -- so you have to pay the balance in full each month. With the AMEX Platinum, you get access to 5 airport lounge networks, an airline fee credit, and other travel perks.

If a $550 annual fee is too much but you're still willing to consider cards with some annual fees, another one to consider is the AMEX Premier Rewards Gold Card. It has a $195 annual fee. Here is a side-by-side comparison of the two cards:

 Chase Sapphire Preferred CardPremier Rewards Gold Card from American Express
 Apply NowApply Now
 

Chase Sapphire Preferred® Card

Premier Rewards Gold Card from American Express

Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards® - Learn more

Earn 25,000 Membership Rewards® Points after you use your new Card to make $2,000 in purchases within the first 3 months. - Learn more

 

Interest Rates and Fees

Purchase APR16.99% to 23.99% Variable based on your creditworthiness and other factorsN/A
Balance Transfers APR16.99% to 23.99% Variable based on your creditworthiness and other factorsN/A
Annual FeeIntroductory Annual Fee of $0 the first year, then $95Introductory annual fee of $0 for the first year, then $195
 Terms Apply See Rates & Fees
 

Benefits and Features

Point RewardsPoint Rewards: 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwidePoint Rewards: 3X points for flights booked directly with airlines. 2X points at US restaurants, US gas stations, and at US supermarkets. 1X points on other purchases.
Airline Status Airline Status: $100 Airline Fee Credit. Up to $100 a calendar year for baggage fees at one airline.
Airline Transfer PartnersAirline Transfer Partners: Airline transfer partners include United Airlines, Southwest Airlines, British Airways, Air France, Korean Air, Singapore Airlines, and Virgin Atlantic.Airline Transfer Partners: Airline transfer partners include Delta, Hawaiian Airlines, Aeromexico, Air Canada, Air France, Emirates, Cathay Pacific (Asia Miles), Virgin Atlantic, Singapore Airlines, Etihad, Alitalia, All Nippon Airways and more.
 Apply NowApply Now

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

How $95 Annual Fees Compare

The Chase Sapphire Preferred and Starwood Preferred Guest (from American Express, a CreditDonkey partner) both have an annual fee, so how do you decide which travel card is right for you?

Here's a side-by-side comparison:

 Chase Sapphire Preferred CardStarwood Preferred Guest Credit Card from American Express
 Apply NowApply Now
 

Chase Sapphire Preferred® Card

Starwood Preferred Guest® Credit Card from American Express

Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards® - Learn more

Earn 25,000 Starpoints® after you use your new Card to make $3,000 in purchases within the first 3 months. - Learn more

 

Interest Rates and Fees

Purchase APR16.99% to 23.99% Variable based on your creditworthiness and other factors16.24% to 20.24% Variable based on your creditworthiness and other factors
Balance Transfers APR16.99% to 23.99% Variable based on your creditworthiness and other factors16.24% to 20.24% Variable based on your creditworthiness and other factors
Annual FeeIntroductory Annual Fee of $0 the first year, then $95$0 introductory annual fee for the first year, then $95
 Terms Apply See Rates & Fees
 

Benefits and Features

Airline RewardsAirline Rewards: 1:1 point transfer to leading airline and hotel loyalty programsAirline Rewards: Transfer Starpoints to more than 30 airline frequent flyer programs, mostly on a one-to-one basis.
Redeem Starpoints® for flights on more than 150 airlines with SPG flights, with no blackout dates.
Hotel RewardsHotel Rewards: 1:1 point transfer to leading airline and hotel loyalty programsHotel Rewards: Earn 2 Starpoints® for each dollar of eligible purchases spent at participating SPG® & Marriott Rewards® hotels. Earn 1 Starpoint for all other purchases.
Redeem Starpoints® at over 1,300 participating hotels and resorts in over 100 countries, with no blackout dates.
Bonus Airline Rewards Bonus Airline Rewards: Get 5,000 bonus Starpoints after you transfer 20,000 Starpoints to a frequent flyer program with more than 30 airlines
Hotel Status Hotel Status: Premium on-property Internet Access. Booking requirements apply.
Earn SPG Gold Status by spending $30,000 or more on your Card in a calendar year. Receive credit for 5 nights toward SPG elite status each year.
Dining RewardsDining Rewards: 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide 
Airline Transfer PartnersAirline Transfer Partners: Airline transfer partners include United Airlines, Southwest Airlines, British Airways, Air France, Korean Air, Singapore Airlines, and Virgin Atlantic.Airline Transfer Partners: Airline transfer partners include American Airlines, Delta, Alaska Airlines, Hawaiian Airlines, British Airways, Aeromexico, Air Canada, Air France (Flying Blue), Emirates, Qatar Airways, Cathay Pacific (Asia Miles), Virgin Atlantic, Avianca, Singapore Airlines, Korean Air, Etihad, Asiana Airlines, Air China, Alitalia, Air Berlin, Jet Airways, China Southern Airlines, Japan Airlines, Hainan Airlines, Thai Airways, Virgin Australia, Aegean Airlines, Miles and More, All Nippon Airways, China Eastern, and more.
 Apply NowApply Now

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Which one is right for you? Well, it depends on who you like to fly with and where you like to stay.

  • Chase Sapphire Preferred earns Ultimate Rewards® points, which can be transferred to airline transfer partners such as United and Southwest. You can also transfer points to hotel partners such as Marriott, Hyatt, IHG, and the Ritz-Carlton.

  • Starwood Preferred Guest from American Express, a CreditDonkey partner, earns Starpoints®, which can be transferred to airline transfer partners such as American Airlines and Delta. You can also use points at Starwood hotels such as Sheraton, Westin, St Regis, and W Hotels.

The Citi ThankYou Premier is another card with a $95 annual fee (see Chase Sapphire Preferred vs Citi ThankYou Premier), but Chase Sapphire Ultimate Rewards wins us over.

How Bonus Points Compare

Both of these rewards cards offer a big sign-up bonus, so how do you decide which one is the best for you?

 Chase Sapphire Preferred CardBarclaycard Arrival Plus World Elite Mastercard
 Apply NowApply Now
 

Chase Sapphire Preferred® Card

Barclaycard Arrival Plus® World Elite Mastercard®

Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards® - Learn more

Enjoy 40,000 bonus miles after you spend $3,000 on purchases in the first 90 days - that's enough to redeem for a $400 travel statement credit toward an eligible travel purchase - Learn more

 

Interest Rates and Fees

Introductory APR for Balance TransfersN/A0% introductory APR for 12 months on Balance Transfers made within 45 days of account opening.
Purchase APR16.99% to 23.99% Variable based on your creditworthiness and other factors16.99%, 20.99%, 23.99% Variable based on your creditworthiness and other factors
Balance Transfers APR16.99% to 23.99% Variable based on your creditworthiness and other factors16.99%, 20.99%, 23.99% Variable based on your creditworthiness and other factors
Annual FeeIntroductory Annual Fee of $0 the first year, then $95$89 annual fee, annual fee waived for first year
 

Benefits and Features

Airline RewardsAirline Rewards: 1:1 point transfer to leading airline and hotel loyalty programsAirline Rewards: Earn 2X miles on all purchases.
Point RewardsPoint Rewards: 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide 
Airline Transfer PartnersAirline Transfer Partners: Airline transfer partners include United Airlines, Southwest Airlines, British Airways, Air France, Korean Air, Singapore Airlines, and Virgin Atlantic. 
 Apply NowApply Now

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

  • Barclaycard Arrival Plus earns 2x miles on all purchases, but the miles cannot be transferred to airline or hotel transfer partners. Instead, you can redeem them for a statement credit toward eligible travel purchases.

  • Chase Sapphire Preferred lets you redeem points for a statement credit, book travel through Chase Ultimate Rewards, or transfer the points to an airline or hotel transfer partner at a 1:1 ratio.

Tip: Chase Sapphire Preferred also offers a bigger bonus than Capital One Venture, another popular travel rewards card (see Chase Sapphire Preferred vs Capital One Venture).

Common Questions

Q: How much is a Sapphire Preferred point worth?
Chase Sapphire Preferred points are worth 1.25 cents per point toward travel when you redeem through Chase Ultimate Rewards. Better yet, if you transfer them to a Chase Sapphire Preferred airline transfer partner or hotel partner, you can potentially make your points worth even more. For some inspiration on how you can redeem, read our article on 23 amazing ways to redeem Chase Ultimate Reward points

Q: Is Chase Sapphire Preferred a Visa or MasterCard?
The Sapphire Preferred is a Visa card. That means you can use it where VISA cards are accepted, including warehouse clubs like Costco.

Q: What airlines can you use with Chase Sapphire?
Here is the list of current Chase Sapphire Preferred airline transfer partners:

Remember, you can book travel on any airline by redeeming your points on Chase Ultimate Rewards (Chase's online booking portal).

Q: Do Ultimate Rewards points expire?
No, your Ultimate Rewards points never expire as long as your account is active and in good standing.

Q: What are the Chase Sapphire Preferred requirements?
You need excellent/good credit to get approved for a Chase rewards card.

Note: Chase has been known to decline applications if you've already opened more than five new credit cards in the last 24 months, including non-Chase cards. Because of this limitation, the Sapphire Preferred card should be the first card you consider when you are in the market for a new travel card. Other card issuers have their own guidelines. If you are interested in the Sapphire Preferred sign-up bonus, travel rewards and card benefits, then complete your application for this card before you apply for cards.

Related: Best Chase Credit Card

Q: Should I add an authorized user to my new account?
You can earn 5,000 bonus points after you add the first authorized user and they make a purchase within the first three months from account opening.

It's tempting, but should you do it?

A great thing about the Sapphire Preferred card is the ability to transfer Chase points to airline and hotel transfer partners (such as United and Marriott). As long as the authorized user lives in your household, you can transfer your Chase Ultimate Rewards points to the authorized user's frequent flyer or hotel loyalty account at participating transfer partners.

Plus, if you need a little help to reach the $4,000 in the first three months minimum to qualify for the sign-up bonus, having an authorized user may help you reach your goal.

It's nice for authorized users too, as they can enjoy the Chase Sapphire Preferred's travel perks, such as the primary auto rental collision damage waiver, without having to pay an additional annual fee.

But don't add just anybody. Remember, you are ultimately responsible for charges from authorized users.

Q: I use Uber, does that count toward 2x points on travel?
Yes. Merchants in the Chase rewards travel category include: airlines, hotels, motels, timeshares, campgrounds, car rental agencies, cruise lines, travel agencies, discount travel sites, and operators of passenger trains, buses, taxis, limousines, ferries, toll bridges and highways, and parking lots and garages.

Q: I eat at fast food restaurants often. Does that count toward 2x points on dining at restaurants?
Yes. Merchants in the Chase rewards restaurants category are merchants whose primary business is sit-down or eat-in dining, which includes fast food restaurants. Keep in mind, some merchants that sell food and drinks that are located within larger merchants such as sports stadiums, hotels and casinos, theme parks, grocery and department stores will not usually be included.

Q: What is the current bonus offer?
Chase Sapphire Preferred signup bonus has increased significantly from their previous 40,000 bonus point offer. Now you can earn 50,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®.

Bottom Line

© mathieu_distefano (CC BY-SA 2.0) via Flickr

If you have excellent credit and would spend enough to earn the 50,000 point bonus, the Sapphire Preferred is an excellent value, especially for travelers.

(Updated by Cynthia and Lauren, Editing by Erin K and Sarah)

Next Step: View the issuer's official application, terms, and details

David R is a contributing writer at CreditDonkey, a credit card comparison and financial education website. Write to David R at davidr@creditdonkey.com. Our data-driven analysis has been recognized by major news outlets across the country and has helped consumers make savvy financial and lifestyle decisions. (read more)

Editorial Note: This content is not provided by Chase. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Chase. This site may be compensated through the Advertiser's affiliate programs.

Disclaimer: This content was first published on December 9, 2011. This content may have been updated on July 31, 2017. Information including APR, terms and benefits may vary, be out of date, or not applicable to you. Information is provided without warranty. Please check Chase website for updated information.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. This site may be compensated through the Advertiser's affiliate programs.

Disclaimer: The information for the Chase Freedom, Chase Slate, Capital One® Venture® Rewards Credit Card, and Citi ThankYou® Premier Card has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

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Chase Sapphire Preferred Card
Apply for Chase Sapphire Preferred Card
At Chase's Secure Site
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
  • Go to issuer's official application, terms, and details
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
N/AN/A
16.99% - 23.99% Variable
Introductory Annual Fee of $0 the first year, then $95

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    Barclaycard

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About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.