Chase Sapphire Preferred

Chase · Visa

Best for

Transferable points on a moderate annual fee, with no foreign transaction fees.

Annual fee

$95

FX fee

None

Purchase APR

19.24% to 29.99%

Income req.

N/A

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, about $1,667 a month

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.

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Written by

VaultNerd Editorial Team

Researching and writing about Canadian personal finance since 2026.

Last reviewed August 2026 · How we research

Cite this page

“Chase Sapphire Preferred Review.” VaultNerd, https://www.vaultnerd.com/credit-cards/chase-sapphire-preferred, updated August 2026.

Sources

Chase published product page for the Chase Sapphire Preferred, read August 7, 2026