Chase Sapphire Preferred® Card Review 2026

Best overall transferable-points card under $100 annual fee.

Find your card type — 60-second quiz →

Excellent credit — 720+ FICO typical; Chase 5/24 rule applies

ClearValue Rating: 4.1 / 5 — our editorial assessment (how we rate)

Editorial4.3
Cost3.7
Value5.0
Access3.1

Editorial confidence (30%), cost (25%), value (25%), accessibility (20%) — scored consistently across every product, independent of compensation.

At a glance

Who Chase Sapphire Preferred® Card is best for

Moderate travelers who want transferable points, strong dining rewards, and a manageable $95 fee.

Pros

Cons

Chase Sapphire Preferred® Card requirements

Recommended credit: 720+ FICO typical
Chase 5/24 rule: Under 5 new card accounts in 24 months required
Welcome spend: $4,000 in first 3 months to earn the 60K-point welcome bonus
Application inquiry: Hard pull required

Chase Sapphire Preferred® Card rates & fees

Chase Sapphire Preferred carries a $95 annual fee with no foreign transaction fee. It earns 5x on Chase Travel bookings, 3x on dining and streaming, and the 100,000-point welcome bonus (current LTO) is worth approximately $1,250 in Chase Travel after $5,000 spend in the first 3 months.

Value at a glance

Year 1 valueOngoing value
100K-point welcome bonus (~$1,250 in Chase Travel) + $95 annual fee nets strong first-year value5x Chase Travel, 3x dining + streaming; $95 annual fee; no FX fees; points transfer 1:1 to 14+ partners
Welcome spend: $5K in first 3 months (current LTO)

Chase Sapphire Preferred® Card alternatives

American Express Gold Card (American Express) — Better for dining + grocery heavyweights: 4X on both, credits offset most of $250 fee
Read review Find your card type — 60-second quiz →
Capital One Venture X Rewards Credit Card (Capital One) — Premium lounge access and simple 2x flat with no Chase 5/24 restriction
Read review Find your card type — 60-second quiz →
Chase Freedom Unlimited® (Chase) — No annual fee, 1.5% flat plus 3% dining — ideal if $95 fee is hard to justify
Read review Find your card type — 60-second quiz →

Bottom line

Chase Sapphire Preferred® Card — Best overall transferable-points card under $100 annual fee. Best for: Moderate travelers who want transferable points, strong dining rewards, and a manageable $95 fee.. Compare it against alternatives before applying; the right fit depends on your situation, credit, and goals.

Questions about Chase Sapphire Preferred® Card

How does Chase Sapphire Preferred point transfer work?

Chase Ultimate Rewards points transfer 1:1 to 14+ airline and hotel partners including United, Southwest, Hyatt, and others — typically at instant transfer speeds. You can also redeem at 1.25 cents per point through the Chase Travel portal (25% bonus). Per Chase issuer terms, verified June 2026. Verify current partner list at chase.com.

Is Chase Sapphire Preferred worth the $95 annual fee?

For regular travelers and diners, typically yes. The 100K welcome bonus alone is worth ~$1,250 in Chase Travel — covering the fee many times over in year one. Ongoing, the 3x on dining and no foreign transaction fees are strong at this fee level. If you rarely travel or dine out, a no-fee card may return more annually.

Is ClearValue Lending a bank or card issuer?

No. ClearValue Lending is not a bank, card issuer, lender, or financial advisor. This review presents publicly available editorial information about the Chase Sapphire Preferred Card. The card is issued by Chase Bank USA, N.A. Reward rates, transfer partners, and terms are determined solely by Chase and may change — verify current terms at chase.com before applying.

How we rate

Every pick gets a 1–5 ClearValue Rating computed from four weighted factors: Editorial confidence (30%), Cost (25%), Value (25%), and Accessibility (20%).

Scored consistently across every product and independent of any compensation. Full methodology →

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