Chase
Chase Sapphire Preferred
Chase Sapphire Preferred costs $95 annual fee and earns up to 3× on dining. It also carries $120 of statement credits a year, which is where a lot of its real value sits. Everything below comes from the card catalog we check against issuer terms, with the arithmetic spelled out.
Enter a typical month of spending to see what the Chase Sapphire Preferred returns after its fee next to three cards it is usually compared with, then take those numbers to the full credit card rewards calculator to weigh up everything else in your wallet. No signup, and it runs in your browser.
- Annual fee
- $95 annual fee
- Best earn rate
- 3× dining
- Points value
- 2.05¢ a point
- Used when you transfer to a travel partner. Cash back is worth 1¢.
- Welcome bonus
- 75,000 points
- About $1,537 if you redeem at 2.05¢ a point, and only if you clear the spending requirement.
- Credits a year
- $120
- What the calculator counts, after discounts for perks most people do not use in full.
- Foreign transaction fee
- none
What the Chase Sapphire Preferred earns
Hotels and rental cars through the issuer's travel site
5×
Only through the issuer's portal
Lyft
5×
Dining
3×
Gas and EV charging
3×
Streaming
3×
Other travel
2×
| Category | Rate | Conditions |
|---|---|---|
| Hotels and rental cars through the issuer's travel site | 5× | Only through the issuer's portal |
| Lyft | 5× | |
| Dining | 3× | |
| Gas and EV charging | 3× | |
| Streaming | 3× | |
| Other travel | 2× |
Rates checked with the issuer in October 2026. Spending outside these categories earns 1×. Confirm current terms with the issuer before you apply.
Is the Chase Sapphire Preferred right for you?
Enter a typical month. You will see what the Chase Sapphire Preferred returns after its annual fee, next to three cards it is usually compared with, and the full credit card rewards calculator weighs up everything else you spend.
Estimated rewards per year, after the annual fee
Chase Sapphire Preferred Top for your numbers
3× dining, 3× gas; 1× everything else. $95 annual fee.
Rewards $836 · Fee −$95
+$741
3× dining, 3× drugstores; 1× everything else. No annual fee.
Rewards $740 · No annual fee
+$740
Atmos Rewards Ascent Visa Signature Card
2× gas, 2× transit; 1× everything else. $95 annual fee.
Rewards $455 · Fee −$95
+$360
4× travel booked direct, 3× dining; 1× everything else. $795 annual fee.
Rewards $822 · Fee −$795
+$27
How we estimate
- Every rate on this page comes from the card catalog. Chase Sapphire Preferred pays 1× on spending outside the bonus categories listed above, and up to 3× on dining.
- We value this card's points at 2.05¢ each. Cash back is valued at 1¢.
- Net is a year of rewards minus the annual fee. Credits count only when you tick the box.
- Welcome bonuses are left out of the tool so the numbers read as an ordinary year.
- Rent is not in the boxes: most landlords charge a fee that cancels out the rewards, and only a few cards earn on rent at all. Add rent in the full calculator, where those rules are modelled.
- Travel-portal bookings are not in the boxes, because portal prices differ from booking direct. The portal rates are in the table above.
- Rates checked with issuers in October 2026. Terms change, so confirm with the issuer before you apply. Educational estimate, not financial advice.
One category doesn’t pick a wallet. Add the rest of your monthly spending to see which cards win across everything, fees included.
Find your best wallet for all your spending →{"focus":"","inputs":[{"key":"dining","prefill":"dining","noun":"dining"},{"key":"groceries","prefill":"groceries","noun":"groceries"},{"key":"gas","prefill":"gas","noun":"gas"},{"key":"transit","prefill":"transit","noun":"transit"},{"key":"streaming","prefill":"streaming","noun":"streaming"},{"key":"drugstores","prefill":"drugstores","noun":"drugstores"},{"key":"travel","prefill":"airfare","noun":"travel"},{"key":"other","prefill":"other","noun":"everyday spending"}],"path":"/credit-card-rewards-calculator","picks":[{"key":"chase-sapphire-preferred","name":"Chase Sapphire Preferred","fee":95,"cpp":0.020499999999999997,"base":1,"earn":[{"inputs":["dining"],"rate":3},{"inputs":["gas"],"rate":3},{"inputs":["streaming"],"rate":3},{"inputs":["travel"],"rate":2}],"credits":120},{"key":"chase-freedom-flex","name":"Chase Freedom Flex","fee":0,"cpp":0.020499999999999997,"base":1,"earn":[{"inputs":["dining"],"rate":3},{"inputs":["drugstores"],"rate":3}],"credits":40},{"key":"chase-sapphire-reserve","name":"Chase Sapphire Reserve","fee":795,"cpp":0.020499999999999997,"base":1,"earn":[{"inputs":["dining"],"rate":3},{"inputs":["travel"],"rate":4}],"credits":670},{"key":"atmos-rewards-ascent-visa-signature","name":"Atmos Rewards Ascent Visa Signature Card","fee":95,"cpp":0.016,"base":1,"earn":[{"inputs":["gas"],"rate":2},{"inputs":["transit"],"rate":2},{"inputs":["streaming"],"rate":2}]}]}What comes with it
Welcome bonus
75,000 points
About $1,537 if you redeem at 2.05¢ a point, and only if you clear the spending requirement.
Points and partners
Chase Ultimate Rewards
Transferable to airline and hotel partners.
Airlines
Aer Lingus, Air Canada (Aeroplan), Air France-KLM, British Airways, Emirates, Iberia, JetBlue, Singapore Airlines, Southwest, United, Virgin Atlantic
Hotels
World of Hyatt, IHG, Marriott
Credits and perks
| Credit | Sticker value | Counted |
|---|---|---|
| DoorDash promos Monthly promos through 12/31/2027 when DashPass is activated. | $120 | $120 |
Sticker value is the full face amount. Counted is what the calculator credits, which is lower where most people do not use the perk in full.
Where this data came from
Checked Chase.com 2026-10-02. $95 annual fee. 5x Chase Travel; 3x dining; 3x online groceries excluding Target, Walmart, and wholesale clubs (the groceries category stays blank so in-store supermarkets are not treated as 3x); 3x select streaming; 3x gas stations and EV charging; 3x vacation-home rentals booked direct with Airbnb, Vrbo, and similar (no separate spend category; other travel stays 2x); 2x other travel; 1x else. Airfare in the calculator uses 2x other travel, not 5x, because most flights are not booked in Chase Travel. $100 Chase Travel hotel credit each account anniversary; the credited amount does not earn points. 5x Lyft through 9/30/2027. World of Hyatt transfers are 4:3 (1,000 points become 750). The 10% anniversary bonus is not included. Public signup offer: 75,000 points after $5,000 in 3 months; offers vary.
FAQ
The Chase Sapphire Preferred charges $95 a year. Earning back $95 means about $193 a month on dining, where it earns 4.1¢ more per dollar than the base rate. Credits and the welcome bonus can cover the rest.
3× on dining, and 1× on spending outside its bonus categories.
It depends on your mix, not the card. Earning back $95 means about $193 a month on dining, where it earns 4.1¢ more per dollar than the base rate. Credits and the welcome bonus can cover the rest. It also carries $120 of credits we can count, but only count them if you would spend that money anyway. Run your own numbers in the calculator above to see where it lands against the rest of the catalog.
The listed welcome offer is 75,000 points, and offers at these cards change often, so confirm the current terms and the spending requirement with the issuer before you apply. At 2.05¢ a point that is about $1,537, before you count the annual fee and whether you would clear the spending requirement for it.
Yes. It earns Chase Ultimate Rewards, which you can transfer to the partners below. Airlines: Aer Lingus, Air Canada (Aeroplan), Air France-KLM, British Airways, Emirates, Iberia, JetBlue, Singapore Airlines, Southwest, United, Virgin Atlantic. Hotels: World of Hyatt, IHG, Marriott. Transfers are what make a 2.05¢ valuation reachable; using the points for cash back is worth far less.
No. The Chase Sapphire Preferred charges no foreign transaction fee, so spending abroad earns at the same rate as at home, minus what the merchant adds.