Chase Sapphire Preferred® credit card: Features & Benefits

Summary

The Chase Sapphire Preferred® Card is among the finest mid-level travel rewards credit cards, featuring a wonderful combination of useful points, versatile redemptions, and travel benefits. With a modest $95 annual fee, it offers a huge sign-up bonus of 60,000 points after charging $4,000 in the first three months, worth $750 in travel using Chase Ultimate Rewards®. The card rewards the consumer with 5X points for travel reserved through Chase Ultimate Rewards®, 3X points for dining, streaming, and online groceries, 2X points for general travel, and 1X points for everything else.

An added advantage is an additional 25% value redeemed on travel through Chase Ultimate Rewards® points. Additionally, points can be transferred 1:1 to airline and hotel partners such as United, Southwest, Marriott, and Hyatt to maximize flexibility. Travel protection like trip cancellation insurance, primary car rental insurance, and baggage delay reimbursement are also included in the card making it an ideal choice for travelers. No foreign transaction fees make it even more attractive for international use.

Aside from travel, the card rewards with a $50 per-year hotel credit, 10% anniversary bonus points, and high everyday rewards potential. The sign-up bonus spending requirement may be $4,000 within 3 months, but that’s easily accessible for many people. The card is optimal, though, for those who make a lot of trips and aim to optimize the rewards.

Introduction

The Chase Sapphire Preferred Credit Card is a great option for travel lovers and rewards enthusiasts on their daily spending. Renowned for its massive sign-up bonus, excellent rewards rates, and flexible redemption options, this card is highly popular among frequent travelers and credit card enthusiasts alike.

This card rewards you with large Chase Ultimate Rewards® points on everyday spending, dining, and travel, and you can redeem them for travel booked through airlines or hotels, or transfer to hotel and airline partners for maximum redemption.

The card also comes with valuable travel perks such as trip cancellation insurance, primary rental car insurance, and no foreign transaction fees, which make the Chase Sapphire Preferred® a useful travel companion for domestic and international travel. And with its lower annual fee compared to premier travel cards, the Chase Sapphire Preferred® offers an attractive balance of rewards and value.

Whether you are going on a vacation, dining out, or simply wish to maximize your expenditures, this card provides a savvy way of collecting rewards while benefitting from travel-related benefits.

What is the Chase Sapphire Preferred® credit card?

The Chase Sapphire Preferred Credit Card is among the top travel rewards credit cards that allow you to collect points on your daily purchases, most importantly travel and dining. It is famous for its massive sign-up bonus, generous reward rates, and excellent rewards. The card enables you to earn Chase Ultimate Rewards points, which you can redeem to book a flight, a hotel, cashback, and hotel partners for more value.

It also has travel rewards such as trip cancellation insurance, primary rental car insurance, and no foreign transaction fees. For a yearly fee, it is a good option for people who can utilize travel rewards but don’t have the exorbitant fees of premium credit cards.

How is the design of the Chase Sapphire Preferred® credit card?

The Chase Sapphire Preferred® Credit Card has a high-end and elegant appearance that is distinct from regular credit cards. It is made of metal, giving it a hard and high-quality feel. The card has a deep sapphire blue color with a subtle and elegant look, with the Chase logo and card details in a minimalist, clean, and contemporary style.

Compared to other plastic cards, its metal structure provides it with a sense of luxury quality, so it will feel superior in your hands when you carry it. Overall, the design ties in well with the card’s luxury travel rewards and makes the card a chic choice for members.

What are the benefits of the Chase Sapphire Preferred® credit card?

The following are the major benefits of actual reward points:

1. Rich Sign-Up Bonus

• Receive 60,000 Chase Ultimate Rewards® points after charging $4,000 in the first 3 months.

• The value of these points is $750 when redeemed for travel with Chase Ultimate Rewards®.

2. Increased Reward Rate

• 5X points on travel booked through Chase Ultimate Rewards®.

• 3X points on eating out and taking out, as well as takeout and delivery.

• 3X points on eligible streaming services and online grocery spending (excluding Walmart & Target).
• 2X points on all other travel bookings.

• 1X point on all other purchases.

3. Travel Perks & Protections

• No foreign transaction fees, ideal for international travel.

• Trip cancellation/interruption insurance (up to $10,000 per person for prepaid, non-refundable expenses).

• Primary rental car insurance, such as theft or damage when renting a car.

4. Point Redemption Flexibility

• Earn points and redeem for air, hotels, car rentals, and more with Chase Ultimate Rewards®.

• 25% additional value when redeeming points for travel (e.g., 60,000 points = $750 in travel).

• Transfer points to airline and hotel partners like United, Southwest, Hyatt, and Marriott.

5. Annual Hotel Credit & Anniversary Bonus

• $50 annual hotel credit when booking with Chase Ultimate Rewards®.

• Receive a 10% points bonus on your total spending on each account anniversary.

What are the fees for the Chase Sapphire Preferred® credit card?

Here is a simple Chase Sapphire Preferred® credit card fee breakup.

Joining Fee	NIL
Annual Fee	$95 per year (not waived in the first year).
Add-on Card Fee	There are no charges for additional cards for family members.
Finance Charges	If you don’t pay your bill in full, 3.5% per month (42% annually) on the outstanding balance.
Cash Advance Fee	5% of the amount withdrawn or $5 whichever is higher.
Late Payment Fee	If you miss a payment, the APR may increase (up to 29.99% variable APR).Late payment fee: Up to $40

What are the criteria for getting a Chase Sapphire Preferred® credit card?

The following are the primary requirements:

1. You must be between 18 and 70 years old to apply for the Chase Sapphire Preferred® credit card.

2. A secured income ensures regular timely payments on the credit card bill. Any amount above it ensures that it increases the approval probability.

3. Your credit score plays a role in the selection process. It is a tendency for AU Bank to favor borrowers with a better credit score usually above 750. 

4. You must be a U.S. citizen resident and have valid address proof within the country. 

5. A salaried person must be employed with a reputed company or organization. The bank can ask you for documents like your salary slip or employment letter.

6. A Self-employed person must have business experience in the past years, generally 2+ years. You must show the bank proof of good consistent income. This may be your income tax returns and bank statements.

What documents are required to get a Chase Sapphire Preferred® credit card?

The documents that you will have to submit to Get a credit card are as below:

Identity Proof	Government ID (such as Driver’s License, State ID, or Passport). Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) (for verification purposes).
Address Proof	Present U.S. address (you need to be a resident of the U.S.). Lease agreement or utility bill (only if Chase requests proof of address).
Income Proof	Employer details (if employed). Estimated income annually (you may not have to show documentation, but Chase may verify). Bank statements or tax returns (asked sometimes if further verification is necessary).
Photograph	The latest passport-sized photograph

Where can the Chase Sapphire Preferred® credit card be used?

Here’s where you can utilize it:

1. In-Store Shopping

• Spend it at grocery stores, restaurants, gas stations, retail outlets, and malls.

• Accepted at big stores such as Walmart, Target, Best Buy, and Costco (Visa establishments only).

2. Online Shopping

• Accepted on sites like Amazon, eBay, Walmart, and Best Buy.

• Spend it on food delivery (Uber Eats, DoorDash), streaming services (Netflix, Spotify), and memberships.

3. Travel & Hotels

• Book airline tickets, hotels, and cars using Expedia, Booking.com, or airlines.

• Foreign transaction fee-free – excellent when you’re overseas.

4. Contactless & Mobile Payments

• Compilers with Apple Pay, Google Pay, and Samsung Pay to easily make tap-to-pay payments.

5. Cash Withdrawals (Cash Advance)

• ATMs offer withdrawals in cash but have large fees with interest and should not be recommended.

What is the credit limit of the Chase Sapphire Preferred® credit card?

The credit limit of the Chase Sapphire Preferred® credit card will be based on your income, financial history, and credit score. Chase has no one-size-fits-all limit, but most commonly:

• The minimum credit limit will be $500–$1,000 for regular approvals.

• Most of the users with excellent credit (700+) receive limits of $3,000–$10,000.

• If you possess a great credit rating (750+) and good earnings, you could be approved with a higher credit limit (above $15,000).

How do you apply for a Chase Sapphire Preferred® credit card?

You may apply for a Chase Sapphire Preferred® credit card in two modes: Online (on the Chase website) and Offline (by contacting a Chase bank).

Online Application Procedure (Easy & Quick)

• Go to the official website of Chase.

• Find the Chase Sapphire Preferred® credit card under credit cards.

• You will be routed to the application form.

• Personal Information: Name, date of birth, Social Security Number (SSN), and phone numbers.

• Income Details: Your income value and job status each year.

• Current U.S. Address: Your present U.S. address.

• Process all information and approve.

• Chase will check your credit score and report before approval.

• You will get instant approval if you have excellent credit.

• If Chase requires checking more details, it will contact you in 7–10 business days.

• Your card will be delivered to your address in 7–10 business days if approved.

Offline Application Process (Visit a Chase Branch)

• Visit your local Chase Bank branch.

• Bring ID, proof of income, and SSN.

• Ask for a credit card application form.

• Give your financial and personal details.

• The bank representative will verify your documents and process your application.

• Chase will verify your credit score and accept or decline your application in a few days.

• Chase will mail your card if accepted.

Would getting a Chase Sapphire Preferred® credit card in 2025 be right?

Picking up the Chase Sapphire Preferred® Credit Card in 2025 is a great choice if you’re a traveler, dining enthusiast, and reward collector when you make a purchase. The card rewards spending on travel, dining, and streaming, with an impressive sign-up bonus that is $750 towards travel. 

The card is also free from foreign transaction fees, features trip cancellation insurance, and rental car insurance, and so is suitable for travelers. The $95 per year is money well spent in comparison to what you get. If you use it for traveling and ordinary spending, it’s a great choice in 2025!

Conclusion

The Chase Sapphire Preferred Credit Card is one of the most rewarding travel reward credit cards available, and it offers a terrific combination of low fees, generous rewards, and great travel perks. If you travel frequently or like to collect rewards on repeated purchases, this card is well worth a look.

With its massive sign-up bonus, you can collect 60,000 points for fulfilling the spend requirement, or $750 to use towards a travel redemption. The high-end redemption rates on dining, travel, and streaming can rack up points quickly. The Chase Ultimate Rewards® also allows you to be able to exchange points for airline tickets, stays, and everything in between or transfer them for potentially more rewards to airline and hotel partners.

The other key benefit is the travel rewards of the card. The lack of foreign transaction fees, trip cancellation insurance, primary rental car insurance, and annual hotel credit are all features that make the card a good travel companion in both the domestic and global context. Compared to travel cards from high-end travel cards that cost hundreds of dollars a year, the Chase Sapphire Preferred’s $95 annual fee is relatively inexpensive relative to the benefits.

Frequently Asked Questions (FAQ’s)