Chase Sapphire Preferred review

What Chase Sapphire Preferred offers.

Sapphire Preferred earns points that transfer to airline and hotel partners or redeem through Chase's travel portal. Weigh the annual fee against how you'd actually redeem.

Our ranking

#4 of 5 in Credit Cards

Service type

Travel

Best for

A travel card with transferable points

Pricing

Check current terms with the company

Website

creditcards.chase.com

Last reviewed

October 2026

Chase Sapphire Preferred pros and cons

Chase Sapphire Preferred costs, terms, and who qualifies

If a balance tends to roll over, interest will eat the rewards. Put the purchase APR and a payoff plan ahead of points, miles, and sign-up offers.

Before you commit to Chase Sapphire Preferred, ask for today’s terms in writing for the exact product or service you want. Pin down every one-time and recurring charge, who qualifies, which states are covered, and how you cancel or get out.

Who Chase Sapphire Preferred is for

Chase Sapphire Preferred belongs on your list if you’re looking at travel. Start with the fit above, then put its written terms next to the other companies in this category before you commit.

When someone else may be the better pick

Run your real spending through each card's categories and caps. A statement credit for a service you'd never buy is worth nothing. Only count credits that replace money you were already going to spend.

The value only shows up if you travel and redeem the way the card rewards. If that doesn’t suit you, look at the alternatives below before you go any further.

What to ask Chase Sapphire Preferred

1. Do I pay the statement in full every month?
2. Do the bonus categories match where my money goes?
3. Does the annual fee buy benefits I'd actually use?
4. Can I get the full agreement and today’s terms in writing?

How we reviewed Chase Sapphire Preferred

We keep what a company says about itself separate from what we could verify. A company only gets a score once we’ve confirmed its identity, current terms, and real costs and run it through the category’s research process. Until then, no number.