Chase Sapphire Preferred
Transferable points on a moderate annual fee, with no foreign transaction fees.
Vault Nerd estimate based on the card's tier and income requirements, not an official issuer cutoff. Approval also depends on income, debt, and credit history.
Reward rates
Chase Travel purchases | 5x |
Dining, gas stations, EV charging and vacation rentals at top brands | 3x |
Streaming services and online groceries | 3x |
All other travel | 2x |
Everything else | 1x |
Welcome bonus
75,000 points after $5,000 of spending in the first 3 months.
Requirement: $5,000 in 3 months
Perks
- Good to excellent credit, roughly 690 and above
Frequently asked questions
Is the Chase Sapphire Preferred worth it?
It charges a $95 annual fee. It's best suited to transferable points on a moderate annual fee, with no foreign transaction fees. Whether it's worth it for you depends on your spending. Run your own numbers through our credit card finder to see the net rewards after the fee.
What does the Chase Sapphire Preferred earn?
It earns 5x on chase travel purchases, 3x on dining, gas stations, ev charging and vacation rentals at top brands and 3x on streaming services and online groceries.
What credit score do you need for the Chase Sapphire Preferred?
We'd suggest a score of around 690 or higher, which puts approval in our "moderate" band. This is a Vault Nerd estimate based on the card's tier and stated requirements. Approval also depends on your income, existing debt and credit history.
Researching and writing about Canadian personal finance since 2026.
Last reviewed August 2026 · How we research
“Chase Sapphire Preferred Review.” Vault Nerd, https://www.vaultnerd.com/credit-cards/chase-sapphire-preferred, updated August 2026.
- Chase published product page and cardholder agreement