The Sapphire Preferred is still the cheapest serious entry into premium travel rewards, and it tops both our Best Travel Credit Cards and Best Signup Bonuses lists: 5x on Chase Travel bookings, 3x on dining, gas and EV charging, streaming, and online groceries, 2x on all other travel, and no foreign transaction fees, for $95 a year. A $100 annual hotel credit on Chase Travel stays and a $120 Global Entry credit every four years cover the fee for anyone who books even one trip a year through Chase. The welcome offer has moved twice this year, climbing to 100,000 points in June and settling back to 75,000 on August 1, still after $5,000 of spend in three months. Read the grocery rate carefully: it applies only to online grocery orders and excludes Target, Walmart, and wholesale clubs. Everything outside the bonus categories earns 1x, so this works best paired with a flat-rate card rather than used for all your spending.
Earn rates & credits
| Category | Rate |
|---|---|
Travel (via Portal) All Chase Travel purchases — flights, hotels, rental cars, vacation homes, cruises, activities, and tours | 5x |
Transit On Lyft rides through September 30, 2027 (limited-time promo) Through Sep 30, 2027 | 5x |
Sporting Goods Stores Eligible Peloton equipment and accessory purchases over $150 through December 31, 2027 (limited-time promo) Through Dec 31, 2027 | 5x |
Dining Dining worldwide, including takeout and eligible delivery | 3x |
Gas Gas and EV charging | 3x |
Groceries Online grocery purchases only (excluding Target, Walmart, and wholesale clubs) | 3x |
Streaming | 3x |
Vacation Rentals Vacation homes booked directly with top brands like Airbnb, Vrbo, Plum Guide, HomeAway, Homestay.com, and Vacasa | 3x |
Travel All other travel worldwide | 2x |
Everything Else | 1x |
| Benefit | Value |
|---|---|
Annual Hotel Credit Up to $100 in statement credits each account anniversary year for hotel stays purchased through Chase Travel | $100 /yr |
Global Entry/TSA PreCheck/NEXUS Credit Receive one statement credit of up to $120 every four years as reimbursement for the application fee. | $120 every 4 yr |
Apple TV Membership Get a year of complimentary Apple TV when activated by December 31, 2026. | $156 |
DoorDash DashPass Membership Complimentary DashPass for one year; members get up to $10 each month on groceries, retail, and more, plus $0 delivery fees on eligible orders. | $10 /mo |
| Total annual credits | $250 |
Card details
Regular APR | 19.24%–27.49% variable |
Foreign transaction fee | None |
Approval odds
Product changes
Where cardholders came from before landing on this card, and what they moved it to afterwards. Thicker flows carry a larger share of the changes in that direction.
Chase Sapphire Preferred
Chase Sapphire PreferredBased on 12 reported product changes. Percentages are shares of each direction, not of all cardholders, and a small sample can swing a long way.