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CHASE SAPPHIRE PREFERRED®
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Bonus Rewards

40,000 points*

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Rewards Rate

2 points per dollar*

Expert Review:

CHASE SAPPHIRE PREFERRED® Credit Card

Rating
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The Bottom Line

The Chase Sapphire Preferred credit card offers those who have excellent credit a generous rewards program, plus a high level of customer service with additional perks and privileges.

The Good

The annual fee is waived during the first year and you can earn 40,000 bonus points worth $500 by spending $3,000 during the first three months of membership. You can also earn double points in some purchase categories while you automatically get a 7% bonus on accumulated points as an annual loyalty reward.

The Not so Good

There is a $95 annual fee and you need excellent credit to qualify for this card.

CHASE SAPPHIRE PREFERRED®

Features
Intro APR: N/A
Regular APR: 15.24% Variable
Balance Transfer: N/A*
Annual Fee: $0 Intro Annual Fee for the first year, then $95
Credit Needed: Excellent

Highlights

  • Click "APPLY NOW" to apply online or call 888-335-7705
  • 40,000 bonus points after you spend $3,000 in the first 3 months- that's $500 toward travel rewards!
  • 2 points per dollar spent on travel and dining at restaurants & 1 point per dollar spent on all other purchases
  • Get 20% off airfare, hotels, car rentals and cruises when you redeem through Ultimate RewardsSM
  • No foreign transaction fees
  • Receive a 7% Annual Points Dividend on all new points earned on purchases - even on points already redeemed
  • 1:1 point transfer to leading frequent travel programs - that means 1,000 Ultimate Rewards points equal 1,000 partner miles/points
  • Direct access to expert service advisors anytime
  • Introductory Annual Fee of $0 the first year, then $95

Rates & Term Details

From the CompareCards.com Editorial Team:

Sapphire Preferred cardholders earn one point per dollar spent, and can earn double points in special categories of purchases like dining and travel. There is also a great sign-up bonus of 40,000 points. To earn the bonus just use the card to spend at least $3,000 within the first three months of membership. You also earn 7% bonus points annually, even for points you may have already redeemed.

Meanwhile there are no foreign transaction fees and you receive dedicated customer service, which means that when you have a question you’ll always get to speak with a real expert in person, not a voice recorded service. Plus when you use the unique Ultimate Rewards program you can redeem travel rewards using 20 percent fewer points than normal. If the flight costs $1,000, for instance, that typically requires 100,000 points. But with this Chase Sapphire credit card you only need to redeem 80,000 points. Rewards can be used on virtually any airline and points never expire. While there is a $95 annual fee it is waived for the first year of membership.

Disclaimer:  This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program.

By

(NYC)

Date Posted

Great Card

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Detailed Ratings
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Customer Service      

I definitely would recommend this card to a friend.

16 out of 18 people found this review helpful.

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By

(Stamford)

Date Posted

Great for the Initial Reward!

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Detailed Ratings
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Review:

$500 for nothing after signing up and spending ~3000$/ in 3 months. Awesome. And no foreign transaction fees.

I definitely would recommend this card to a friend.

No one has voted on how helpful this review was for them.

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By

(New York ,NY)

Date Posted

Excellent

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Detailed Ratings
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Introductory APR (Purchases and Transfers)      
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Fees (Balance transfers, annual fee, cash advances)      
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Customer Service      

I definitely would recommend this card to a friend.

No one has voted on how helpful this review was for them.

Was this review helpful? Yes   No  

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