The Chase Sapphire Preferred® credit card offers strong travel rewards with clear protections, and without a premium annual fee
Offers and terms can change. Always check the issuer’s page before you apply.
What You Get Using The Chase Sapphire Preferred® Credit Card
You earn 5x points on travel purchased through Chase Travel. You earn 3x points on dining, including eligible delivery and takeout.
You earn 3x on online grocery purchases (excluding Target, Walmart, and wholesale clubs). You earn 3x on select streaming services.
You earn 2x on other travel purchases. All other purchases earn 1x.
Each account anniversary, you get a 10% points bonus based on total purchases. If you spend 25,000 USD in a year, you receive 2,500 bonus points.
Points flexibility
Your points are Chase Ultimate Rewards®. You can redeem for travel, cash back, gift cards, or “Pay With Points” at eligible partners.
You also get 1:1 point transfer to airlines and hotels.
Examples include Air Canada Aeroplan, United MileagePlus, British Airways, Southwest, Virgin Atlantic, World of Hyatt, Marriott Bonvoy, and IHG.
Travel and purchase protections
You get key protections when you pay with the card, and the trip or purchase is eligible.
- Trip cancellation/interruption insurance: Up to 10,000 USD per covered person and 20,000 USD per trip for prepaid, non-refundable expenses due to covered events.
- Trip delay reimbursement: If a common carrier delay exceeds 12 hours or requires an overnight stay, get up to 500 USD per covered traveler for essential expenses.
- Baggage delay insurance: Up to 100 USD per day for up to 5 days after a 6+ hour delay for essential items.
- Primary auto rental collision damage waiver: Coverage for theft and collision damage on most rentals when you decline the rental company’s collision coverage and charge the entire rental to the card. Vehicle types, countries, and use cases may be excluded.
- Purchase protection: Eligible new items are covered for 120 days against damage or theft, typically up to 500 USD per item. Category limits and exclusions apply.
You also get a 50 USD annual hotel credit for stays booked through Chase Travel. It reduces the cost automatically as a statement credit.
The credit applies once per account anniversary year. It is simple to use when prices match other sites. Check terms for exclusions.
Rates, Fees, and Key Costs
Chase Sapphire Preferred® credit card comes with several fees that you must take into account for your expenditures.
- Annual fee: 95 USD.
- Purchase APR: 19.74%–27.99% variable, based on creditworthiness; varies with the Prime Rate.
- Balance transfer APR: 19.74%–27.99% variable; same rules as purchases.
- Cash advance APR: 28.99% variable.
- Penalty APR: up to 29.99% variable; can apply after a late or returned payment and may remain indefinitely.
- Foreign transaction fees: None.
- Balance transfer fee: 5 USD or 5% of each transfer, whichever is greater.
- Cash advance fee: 10 USD or 5% of each transaction, whichever is greater.
- Late payment fee: up to 40 USD. Return payment fee: up to 40 USD.
Who Is This Card For?
You want simple, broad travel and dining rewards. You want to avoid foreign transaction fees on trips abroad.
You prefer a 95 USD annual fee and flexible redemption rather than premium lounge perks with very high fees.
You often book through Chase Travel and can use the hotel credit.
If your spending aligns with travel, dining, online grocery, and streaming, this card fits well.
How to Apply For the Chase Sapphire Preferred® Credit Card
The application for the Chase Sapphire Preferred® credit card follows the general rules of Chase credit cards.
- Go to the Chase Sapphire Preferred® product page. Choose Apply as a guest or Sign in if you have a Chase login.
- Enter your legal name, SSN/ITIN, physical address, income, and housing costs.
- Read the Pricing & Terms. Confirm the APR range, fees, and variable-rate language.
- Review the new cardmember offer. Welcome bonuses change over time and by channel. Check the minimum spend and the deadline.
- Submit your application. You may get an instant decision or a request for verification.
- If approved, set up online access and autopay. This helps you avoid late fees and interest.
Official Contact and Addresses
When you call, have your application or account details ready. Do not share full card numbers over social media or email.
- Credit card customer service (Chase): 1-800-432-3117.
- General banking help: 1-800-935-9935.
- Card Services correspondence (not for payments): Chase Card Services, P.O. Box 15298, Wilmington, DE 19850.
- Payment by mail: Cardmember Services, P.O. Box 6294, Carol Stream, IL 60197-6294.
- Overnight payments: Chase Card Services, 201 N. Walnut St., DE1-0153, Wilmington, DE 19801.
- Corporate headquarters: JPMorgan Chase & Co., 270 Park Avenue, New York, NY 10017.
Practical Tips to Maximize Value
Book flights, hotels, and cars through Chase Travel when prices match other sites. You earn 5x and can use the 50 USD hotel credit.
Track your dining, online grocery, and streaming charges to capture 3x. Avoid interest by paying in full each month.
If you plan to finance a purchase, review fees for installment plans like My Chase Plan before you activate one.
If a trip is delayed or canceled, keep all receipts and itineraries. File claims within the required time windows. Read coverage definitions before you travel.
Conclusion
The Chase Sapphire Preferred® delivers broad travel and dining rewards, a 50 USD hotel credit, and flexible point transfers for a 95 USD annual fee.
The 19.74%–27.99% variable purchase APR makes carrying a balance expensive, so pay in full when you can.
If your spending matches the bonus categories and you use the travel portal, the card can deliver strong value.
Disclaimer: This article summarizes information from Chase’s official materials. Rates, fees, rewards, partner benefits, addresses, and phone numbers can change at any time. Figures are accurate as of September 23, 2025 where noted in issuer materials. This is not financial advice and does not guarantee approval. Review all terms and your budget before you apply.
