Sapphire Preferred rewards & benefits.

Chase · credit · $95 annual fee · <p>5X on travel booked through the <a href="https://www.uponarriving.com/chase-travel-portal/">Chase Travel Portal</a></p> <p>5X on Lyft until March 2025</p> <p>3X on Dining, Steaming, and Online Grocery</p> <p>2X on all other Travel</p> <p>1X on all other purchases</p>. Here's what it earns, what it costs, and whether it's worth it.

Rewards by category

effective cash-back rate
·
Dining
6%
·
Groceries
2%
·
Gas
2%
·
Travel
4%
·
Online shopping
2.1%
·
Entertainment
2.1%
·
Transit
2%
·
Everything else
2%
·
Annual fee
$95
·
Welcome bonus
60,000 points after $4,000 spend in 90 days (≈ $1,260)
·
Recommended credit score
700+
Estimate your rewards with this card

Credits

·
Hotel Credit
$50

Perks

  • Auto Rental Coverage
  • Trip Cancellation Insurance

Transfer partners

World of Hyatt (1:1), United MileagePlus (1:1), Southwest Rapid Rewards (1:1), British Airways (1:1), Air Canada Aeroplan (1:1)

Is the Sapphire Preferred worth it?

On a typical US spending profile, the Sapphire Preferred projects to about $1,206 in annual rewards, or roughly $1,111 after its $95 annual fee. Your real number depends on where you actually spend — and on catching the credits and bonuses most people forget. WalletFlo tracks all of it automatically.

Common questions

What credit score do I need for the Sapphire Preferred?

Approval is generally easier with a score of 700 or higher. Approval also depends on income, existing accounts, and issuer rules.

Is the Sapphire Preferred's annual fee worth it?

It charges $95 a year. Its recurring credits alone are worth about $50 if you use them. Use the annual-fee calculator to check for your situation.

See what your real wallet is actually earning — and what you're leaving on the table.

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