Chase Sapphire Preferred
$95/year, earning Chase Ultimate Rewards Points, on the Visa network.
Card terms last verified against issuer pages on 2026-09-20.
The Chase Sapphire Preferred is a $95/year card from Chase earning Chase Ultimate Rewards Points. It earns 5x on lyft, 5x on travel (chasetravel), 3x on dining and 1x on everything else. It carries 3 recurring statement credits worth $250 a year, listed in full below with the cap and reset date for each.
Welcome bonus
Welcome offers change frequently and are often targeted. Confirm the current offer on the issuer's own application page before applying.
What it earns
Rates are the multipliers Chase advertises. We do not convert them into a percentage return, because that requires putting a price on Chase Ultimate Rewards Points and that price is a judgement, not a fact — see how we source this.
| Category | Rate | Notes |
|---|---|---|
| Lyft | 5x | |
| Travel (ChaseTravel) | 5x | Booked through the Chase travel portal |
| Dining | 3x | |
| Online Grocery | 3x | |
| Streaming Service | 3x | |
| Gas | 3x | |
| EV Charging | 3x | |
| Vacation Homes | 3x | |
| Travel | 2x | |
| Other | 1x | Everything else |
Statement credits
$250 a year across 3 credits against a $95 annual fee. The columns that matter are the cap and the reset date: a credit paid monthly cannot be saved up, and one that resets on the calendar year expires on 31 December no matter when you opened the card.
Other perks
Benefits that are not dollar statement credits — certificates, lounge visits, point bonuses. Where a value appears it is an estimate, not an amount the issuer credits you, and it is excluded from the credits total above.
| Perk | How often | Estimated value |
|---|---|---|
| 10% Anniversary Point BonusEarn bonus points equal to 10% of your total annual card purchases each account anniversary | Once a year | ~$100 |
| 5x Points on PelotonEarn 5x points on Peloton equipment and accessory purchases over $150. Valid through 12/31/2027. | Once a year | ~$50 |
Status and included memberships
- Complimentary Apple TV (1 Year) — One complimentary year of Apple TV (up to $156 value). Must activate via Chase Benefits & Rewards by 12/31/2026.
- Complimentary DashPass — Free DashPass membership for DoorDash and Caviar with $0 delivery fees and lower service fees for minimum 1 year when activated by 12/31/2027
Protections and insurance
Coverage terms below are summaries. Insurance benefits are governed by a separate guide to benefits document from the issuer, and the exclusions in that document are what actually decide a claim.
- Travel Insurance — Trip cancellation/interruption insurance, baggage delay insurance, and travel accident insurance
- Purchase Protection — Covers eligible new purchases for 120 days against damage or theft up to $500 per item
- Auto Rental Coverage — Primary rental car collision damage waiver up to $60,000 for most vehicles with MSRP of $125,000 or less
- Extended Warranty Protection — Extends the manufacturer warranty by an additional year on eligible purchases
Questions people ask about the Chase Sapphire Preferred
What is the annual fee on the Chase Sapphire Preferred?
The Chase Sapphire Preferred has a $95 annual fee.
What statement credits does the Chase Sapphire Preferred include?
It carries 3 recurring statement credits worth $250 a year in total: $10 Monthly DoorDash Credit ($10 monthly, resets on the cardmember year); $100 Chase Travel Hotel Credit ($100, resets on the cardmember year); Global Entry / TSA PreCheck / NEXUS Credit ($30, resets on the cardmember year). Verified 2026-09-20.
What does the Chase Sapphire Preferred earn?
5x on lyft, 3x on dining, 3x on online grocery, 3x on streaming service, and 1x on everything else, in Chase Ultimate Rewards Points.
Is the Chase Sapphire Preferred worth the annual fee?
Its recurring statement credits total $250 a year against a $95 fee, so the card pays for itself on credits alone if you use 38% of them. Whether that holds depends on whether the specific merchants suit you — the credit table on this page lists each one.
Does the Chase Sapphire Preferred charge foreign transaction fees?
No — the Chase Sapphire Preferred has no foreign transaction fee.
Other Chase cards
Chase British Airways Visa Signature
