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★ Best travel value · Travel

Chase Sapphire Preferred

The best entry-level premium travel card. A $95 fee unlocks transfer partners and 25% more value on travel — the card most people should start with.

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Annual fee $95 Welcome 60k pts No FX fees
Cards Made Simple · Verified
•••• •••• •••• 9427
Chase
8.7/10
CMS Verified Score
How it scored
How we score →
Rewards value8.8
Fees & APR8.4
Perks & protection8.6
Approval reality8.0
Fine print8.5
Overall8.7
The math, done for you

What will it actually earn you?

Drag your monthly spend. We earn travel and dining at the bonus rates, value points at 2¢ via transfer partners, then subtract the $95 fee.

Travel / month$400/mo
Dining / month$400/mo
Everything else / month$1200/mo
Points valued at 2¢ via transfer partners. Portal redemptions are worth ~1.25¢; transfers to partners can exceed 2¢.
Rewards value / year$816
Annual fee−$95
Annual credits+$50
Net value / year+$771
At this spend, Chase Sapphire Preferred nets you about $771 a year after fees.
What we like
Low $95 fee unlocks Chase transfer partners
Points worth 25% more redeemed through Chase Travel
Excellent trip cancellation & primary rental insurance
$50 annual hotel credit through Chase
What to watch
No lounge access at this tier
Only 1x on non-bonus everyday spend
Welcome bonus requires meaningful spend
Top travel rate is locked to the Chase portal

Where the rewards come from

5x
Travel via Chase
Booked through Chase Travel portal
3x
Dining
Restaurants, takeout & delivery
3x
Online grocery & streaming
Excludes Target/Walmart
2x
All other travel
1x on everything else
Get it if…

You want to start earning transferable travel points without a big fee, you dine out and travel a few times a year, and you value strong trip protection.

Skip it if…

You only want flat cash back, you never travel, or you won’t engage with transfer partners — a 2% card is simpler.

The full review: does the Chase Sapphire Preferred earn its keep?

The Chase Sapphire Preferred is issued by Chase, carries an annual fee of $95, currently offers a welcome bonus of 60k pts, and has no foreign transaction fees. It scores 8.7/10 on the Cards Made Simple methodology. The best entry-level premium travel card. A $95 fee unlocks transfer partners and 25% more value on travel — the card most people should start with.

Issuer
Chase
Category
Travel
Annual fee
$95
Welcome offer
60k pts
Foreign transaction fee
None
CMS score
8.7/10

The fee math, worked out

Drag your monthly spend. We earn travel and dining at the bonus rates, value points at 2¢ via transfer partners, then subtract the $95 fee. At a benchmark spend of $400/month on travel, $400/month on dining, $1200/month on everything else, the card returns about $816 a year in rewards value. Add the ~$50 in annual credits the card carries and the picture improves further. Set against the $95 annual fee, that nets out to +$771 per year. Points valued at 2¢ via transfer partners. Portal redemptions are worth ~1.25¢; transfers to partners can exceed 2¢. Drag the sliders in the calculator above to run the numbers on your own spending.

How the earning structure works

5x on travel via chase (Booked through Chase Travel portal). 3x on dining (Restaurants, takeout & delivery). 3x on online grocery & streaming (Excludes Target/Walmart). 2x on all other travel (1x on everything else).

The welcome offer, in context

The current welcome offer is 60k pts. Welcome bonuses change frequently and are the single most time-sensitive number on this page, so treat it as a snapshot: measured against the $95 annual fee, the bonus does the heavy lifting on first-year value — most cardholders come out ahead in year one before the ongoing math takes over. What the bonus should never do is talk you into a card whose ongoing earn structure doesn't fit your spending — run the calculator above on year-two numbers, with no bonus, before you apply.

What we like, in detail

Start with what the card does well. Low $95 fee unlocks Chase transfer partners. Points worth 25% more redeemed through Chase Travel. Excellent trip cancellation & primary rental insurance. $50 annual hotel credit through Chase. Those strengths are why the Chase Sapphire Preferred scores 8.8/10 on rewards value in our breakdown — the earn structure holds up when you run it against real monthly budgets rather than best-case scenarios.

What to watch, in detail

Now the other side of the ledger, because every card has one. No lounge access at this tier. Only 1x on non-bonus everyday spend. Welcome bonus requires meaningful spend. Top travel rate is locked to the Chase portal. None of these are dealbreakers on their own, but they are exactly the kind of fine print that decides whether this card beats the no-fee 2% benchmark for your specific spending pattern — which is why the fine-print factor scores 8.5/10 here.

How we scored it

Five factors go into every CMS score. Rewards value measures what the card actually returns at realistic spend, not headline multipliers. Fees and APR weighs the annual fee against the credits and earn that offset it. Perks and protection covers insurance, credits, and lounge or statement benefits. Approval reality reflects the credit profile the issuer actually approves. Fine print catches caps, exclusions, enrollment requirements, and category definitions that quietly change the math.

Rewards value scores 8.8/10, fees and APR 8.4/10, perks and protection 8.6/10, approval reality 8.0/10, and fine print 8.5/10 — an overall CMS score of 8.7/10. Scores follow the published Cards Made Simple scoring methodology, which weights real reward math over headline rates and reads the fine print so you don't have to.

Who should get it — and who shouldn't

Get it if: You want to start earning transferable travel points without a big fee, you dine out and travel a few times a year, and you value strong trip protection.

Skip it if: You only want flat cash back, you never travel, or you won’t engage with transfer partners — a 2% card is simpler.

How it compares

CardCMS scoreAnnual feeWelcomeCategory
Chase Sapphire Preferred8.7/10$9560k ptsTravel
Chase Sapphire Reserve8.9/10$55060k ptsPremium
Capital One Venture8.5/10$9575k miTravel
Chase Freedom Unlimited8.3/10$0$200No annual fee

Against the Chase Sapphire Reserve (8.9/10, $550 annual fee): Premium travel done with restraint. The $300 travel credit and 1.5x redemption do real work — the thinking traveler’s premium card. Read the Chase Sapphire Reserve review →

Against the Capital One Venture (8.5/10, $95 annual fee): 2x miles on every purchase with flexible redemption — the simplest on-ramp into travel rewards, no categories to track. Read the Capital One Venture review →

Against the Chase Freedom Unlimited (8.3/10, none annual fee): 1.5% on everything, no annual fee — and it quietly becomes a points powerhouse when paired with a Sapphire card. Read the Chase Freedom Unlimited review →

In the same travel tier we also score: Capital One Venture (8.5/10, $95 fee). If this card's who-it's-for profile above doesn't describe you, one of those usually will — the category pages rank them head to head.

Bottom line

The default first rewards card. If we could hand one card to most people, it’s this. The fee is low, the points are flexible and valuable, and the protections are genuinely useful. Graduate to the Reserve only when your travel justifies it.

Links may earn us a commission at no extra cost to you. Card details as of July 2026 — verify current terms with Chase before applying. This content is for informational purposes only and is not financial advice. Credit card terms, rates, and offers change frequently. Verify all details with the card issuer before applying.

Common questions

Sapphire Preferred or Reserve?+
Start with Preferred. The Reserve’s higher fee only pays off if you fully use its $300 travel credit and lounge access. Most people are better served by the Preferred.
How do I get 25% more value?+
Redeem points through Chase Travel for a 25% bonus, or transfer to airline/hotel partners where value can be even higher.
Is the welcome bonus worth it?+
Yes — 60k points is worth $750+ toward travel via transfer partners, far exceeding the first-year fee.
The verdict

The default first rewards card.

If we could hand one card to most people, it’s this. The fee is low, the points are flexible and valuable, and the protections are genuinely useful. Graduate to the Reserve only when your travel justifies it.

Links may earn us a commission at no extra cost to you.

8.7
CMS Score

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