Chase Sapphire Preferred

Chase Sapphire Preferred is a travel card from Chase with a $95 annual fee, 100,000 bonus points after $5,000 in 3 months, and good to excellent credit.

Why we like it

Its strongest earning category is Travel at 5%, backed by 1% on general spending. It also avoids foreign transaction fees.

Earn elevated rewards with 5% on Travel, 3% on Dining and 3% on Online, plus 1% on other purchases.

• 5.0% on travel
• 3.0% on dining
• 3.0% on online
• 3.0% on streaming

Welcome offer

100,000 bonus points after $5,000 in 3 months

Bonus value estimate: $1250* · Spend requirement: $5000 in 3 months

* Estimated dollar value based on point transfer rates and portal redemption. Actual value may vary depending on how you redeem your rewards.

People focused on travel rewards who can justify a $95 annual fee and who typically have good to excellent credit.

Qualification snapshot

Recommended credit: Good to excellent credit. Published score range: 700-850.

Historical approval estimate in the current dataset: 65%

Pros

• 100,000 bonus points after $5,000 in 3 months
• Potentially worthwhile if you use the card enough to cover the $95 annual fee
• Earns 5% on Travel
• Earns 3% on Dining

Tradeoffs

• Annual fee of $95 means you need ongoing value from the card
• Typically requires good to excellent credit
• Signup bonus requires $5000 in spending within 3 months
• Base rewards on non-bonus spending are relatively modest