Chase Sapphire Preferred®
Best entry-level premium travel card
Annual Fee
$95
Bonus Value
$1,538
Rating
4.6/5
Category
Premium Travel
Sign-Up Bonus
75,000 Ultimate Rewards points after $5,000 spend in 3 months
Estimated value: $1,538
Rewards Rate
5X travel via Chase, 3X dining & streaming & online grocery, 2X other travel, 1X everything else
Key Perks & Benefits
- +$50 annual hotel credit via Chase portal
- +Points worth 25% more on travel via Chase
- +10% anniversary points bonus
- +Primary rental car insurance
- +Transfer to 14+ airline & hotel partners
Pros & Cons
Pros
- +Low $95 annual fee
- +Strong 75K bonus
- +Excellent transfer partners
Cons
- -No lounge access
- -Lower earning vs Reserve
The Bottom Line
The Chase Sapphire Preferred® is best suited for best entry-level premium travel card. With a $95 annual fee, the card needs to deliver at least that much in value through its perks and rewards to be worthwhile. The current sign-up bonus is worth an estimated $1,538, making this a strong time to apply.
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Editorial Note: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, or other company, and have not been reviewed or approved by any of these entities. Credit card offers are subject to change. Please verify terms and conditions on the issuer's website before applying. Some links may be affiliate links — see our disclosure.