Chase Sapphire Preferred Card

Welcome Bonus

$60,000

Welcome Bonus Value

Spend $4,000 in the first 90 days

Bonus Posted Points typically post to your account within 6-8 weeks after you meet the spending requirement, usually after the statement period in which the threshold was reached.

Rewards

Reward Type Ultimate Rewards Points

Base Rate 1x / 1%

Bonus Rate Up to 5x

Point Value ~0.02¢ each

Travel Portal 1.25x

Expiration Points do not expire as long as the account is active and in good standing.

Transfer Partners United Airlines, Southwest Airlines, British Airways Executive Club, Iberia Plus, Aer Lingus AerClub, Air France-KLM Flying Blue, Singapore Airlines KrisFlyer, Virgin Atlantic Flying Club, Emirates Skywards, JetBlue TrueBlue, World of Hyatt, Marriott Bonvoy, IHG One Rewards.

Redemption Notes No direct penalties; however, points redeemed for cash back, gift cards, or statement credits are valued at 1 cent per point, which is lower than travel portal or transfer partner redemptions.

Category	Rate	Type	Cap
Travel (Chase Travel Portal) Travel purchased through Chase Travel℠	5x	Points	No cap
Dining Purchases at restaurants.	3x	Points	No cap
Streaming Services Purchases on select streaming services.	3x	Points	No cap
Online Grocery Purchases Online grocery purchases (excluding Walmart, Target, and wholesale clubs).	3x	Points	No cap
Travel (General) All other travel purchases not made through Chase Travel℠.	2x	Points	No cap
All Other Purchases All purchases not falling into a bonus category.	1x	Points	No cap

Benefits & Protections

No Foreign Fees

Travel Insurance

Primary Rental Coverage

Purchase Protection

Extended Warranty

Trip Delay Coverage

Lost Luggage Coverage

Global Entry Credit $100

TSA PreCheck Credit $100

Benefit	Category	Value / Coverage
Complimentary DoorDash DashPass Subscription Enjoy a complimentary DashPass subscription from DoorDash for a minimum of one year when you activate by December 31, 2024. DashPass provides unlimited deliveries with $0 delivery fees and reduced service fees on eligible orders.	Lifestyle	Complimentary subscription
Complimentary Instacart+ Membership and Statement Credits Enjoy a complimentary Instacart+ membership for one year and receive up to $15 in statement credits each quarter through July 2024.	Lifestyle	Complimentary membership + up to $15 quarterly credit Up to $15
Extended Warranty Protection Extends the time period of the original manufacturer's warranty by an additional year on eligible warranties of three years or less. Coverage is up to $10,000 per claim and up to $50,000 per account.	Purchase Protection	Up to $10,000 per claim Up to $10,000
Purchase Protection Covers your new purchases against damage or theft for 120 days from the purchase date. Coverage is up to $500 per claim and up to $50,000 per account.	Purchase Protection	Up to $500 per claim Up to $500
10% Anniversary Point Bonus Each account anniversary, you'll earn bonus points equal to 10% of your total purchases made the previous year. For example, if you spent $25,000, you'd get 2,500 bonus points.	Rewards Earning	10% bonus points
1x Points on All Other Purchases Earn 1 point per $1 on all other eligible purchases.	Rewards Earning	1x point
2x Points on Other Travel Purchases Earn 2 points per $1 on all other travel purchases not made through Chase Travel℠, such as directly with airlines or hotels.	Rewards Earning	2x points
3x Points on Dining Earn 3 points per $1 on dining, including eligible delivery services, takeout, and restaurants.	Rewards Earning	3x points
3x Points on Online Grocery Purchases Earn 3 points per $1 on online grocery purchases (excluding Walmart, Target, and wholesale clubs).	Rewards Earning	3x points
3x Points on Select Streaming Services Earn 3 points per $1 on select streaming services.	Rewards Earning	3x points
5x Points on Chase Travel Purchases Earn 5 points per $1 on travel purchased through Chase Travel℠, including flights, hotels, car rentals, and cruises.	Rewards Earning	5x points
1:1 Point Transfer Transfer your points 1:1 to leading airline and hotel loyalty programs, maximizing your travel options.	Rewards Redemption	1:1 transfer ratio
25% More Value for Travel Redemption Get 25% more value when you redeem points for airfare, hotels, car rentals, and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.	Rewards Redemption	1.25 cents per point
Annual Hotel Credit Receive up to $50 in statement credits each account anniversary year for hotel stays purchased through Chase Travel℠.	Travel	Up to $50 annual credit Up to $50
No Foreign Transaction Fees Make purchases abroad without incurring foreign transaction fees.	Travel	0% foreign transaction fees
Baggage Delay Insurance If your checked baggage is delayed by more than 6 hours by the carrier, you can be reimbursed for essential purchases like toiletries and clothing.	Travel Insurance	Up to $100 per day for up to 5 days Up to $100
Primary Auto Rental Collision Damage Waiver Decline the rental company's collision insurance and charge the entire rental cost to your card. You're covered for theft and collision damage for most rental cars in the U.S. and abroad. This coverage is primary, meaning it reimburses you before your personal insurance.	Travel Insurance	Up to the actual cash value of most rental vehicles
Roadside Assistance If you have a car breakdown, you can call for a tow, jumpstart, tire change, lockout service, or fuel delivery. Services are available 24/7. Up to $50 per service call, up to 4 times per year.	Travel Insurance	Up to $50 per service call Up to $50
Travel and Emergency Assistance Services Connects you with the appropriate local emergency resources, including medical and legal referrals, when you're away from home. (Cardholders are responsible for the cost of any goods or services obtained).	Travel Insurance	Assistance services
Trip Cancellation/Interruption Insurance If your trip is canceled or interrupted by covered situations like sickness or severe weather, you can be reimbursed for your pre-paid, non-refundable travel expenses, including passenger fares, tours, and hotels. Coverage is up to $10,000 per person and $20,000 per trip.	Travel Insurance	Up to $20,000 per trip Up to $20,000
Trip Delay Insurance If your common carrier travel is delayed more than 12 hours or requires an overnight stay, you and your family are covered for unreimbursed expenses, such as meals and lodging.	Travel Insurance	Up to $500 per ticket Up to $500

Interest Rates

Purchase APR 21.24%–29.24% Variable

Balance Transfer APR 0%

Cash Advance APR 29.99%

Penalty APR 0.3%

Min. Interest Charge $2

Fees

Annual Fee $95

Authorized User Fee Free

Foreign Transaction Fee None

Balance Transfer Fee Either $5 or 5% of the amount of each transfer, whichever is greater.

Cash Advance Fee Either $10 or 5% of the amount of each cash advance, whichever is greater.

Late Payment Fee Up to $40

Returned Payment Fee Up to $40

Approval & Eligibility

690 Recommended minimum FICO · Range 690–850

300 Poor 580 Fair 670 Good 740 Very Good 800+ Exceptional

Approval Odds Good

Pre-Qualification Available (no hard pull)

Issuer Rules & Restrictions

Maximum Cards per Issuer

You can hold up to 5 cards from this issuer simultaneously.

Shutdown Risk Triggers

Manufactured spending (MS) that is excessive or easily detectable, high cumulative credit limit across all Chase cards relative to reported income, rapid succession of applications for Chase cards, frequent or large balance transfers without clear purpose, bouncing payments, late payments, or other negative account behavior, and suspicious activity flagged by fraud detection systems.

Cliff Effect Rules

The primary 'cliff effect' for the Sapphire Preferred card is the **Sapphire Family Rule**: You cannot receive the sign-up bonus if you currently hold *any* Chase Sapphire card (Preferred or Reserve) or have received a sign-up bonus for *any* Chase Sapphire card in the last 48 months. This means you must plan your Sapphire card applications carefully to maximize bonus eligibility over time.

International Friendly

This card works well for international travel and transactions.

Additional Issuer Rules

To be eligible for the Chase Sapphire Preferred card in 2026, applicants must generally have excellent credit (typically FICO score 700+), be a U.S. resident, and be 18 years or older. Key application rules include: 1. **Chase 5/24 Rule**: Applicants will be denied if they have opened 5 or more personal credit cards across *any* issuer in the past 24 months. 2. **Sapphire Family Rule**: Applicants are ineligible for the sign-up bonus if they currently hold *any* Chase Sapphire card (Preferred or Reserve) or have received a sign-up bonus for *any* Chase Sapphire card in the last 48 months. 3. **Bonus Offer**: The typical sign-up bonus requires meeting a specified minimum spending threshold within the first 3 months of account opening (e.g., spend $4,000 in purchases). Specific bonus points vary by offer.