Chase Sapphire Preferred Credit Card Review


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Annual Fee: $0 first year, $95 for subsequent years

Earning Ultimate Rewards Points

  • 2x points on travel and dining
  • 1x points everywhere else

UR travel value: 1.25 cents per point (if you have Reserve, you can transfer the points to the Reserve to get 1.5 CPP)

Sapphire Preferred Benefits

  • Primary Car Rental Insurance
  • You can redeem Ultimate Rewards points for 1.25 cents per point towards travel (However, the Sapphire Reserve is 1.5 cents per point)
  • 12-hour trip delay insurance
  • No foreign transaction fees
  • 120-day purchase protection

Comparison of All Ultimate Reward Cards

 Sapphire ReserveSapphire PreferredInk PreferredFreedom UnlimitedFreedomInk CashInk Unlimited
Sapphire ReserveSapphire PreferredInk PreferredFreedom UnlimitedFreedomInk CashInk Unlimited
Current Bonus50,00050,00080,00015,00015,00030,000$500
Annual Fee$450$95$95$0$0$0$0
Additional Card Holder Fee$75$0$0$0$0$0
Annual Travel Credit$300NoNoNoNoNoNo
Transfer PartnersYesYesYesNoNoNoNo
UR Value on travel1.5 cpp1.25 cpp1.25 cpp1 cpp1 cpp1 cppN/A (Cash back)
Lounge AccessPriority PassNoNoNoNoNoNo
Travel3x2x3x1.5x1x1x1.5% cashback
Dining3x2x1x1.5x1x2x1.5% cashback
Groceries1x1x1x1.5x1x1x1.5% cashback
Gas1x1x1x1.5x1x2x1.5% cashback
Office Supplies1x1x1x1.5x1x5x1.5% cashback
Shipping/Advertising1x1x3x1.5x1x1x1.5% cashback
Phone/Internet1x1x3x1.5x1x5x1.5% cashback
Other Spend1x1x1x1.5x1x1x1.5% cashback
Global EntryYes, every four yearsNoNoNoNoNoNo
Rental Car InsurancePrimary/$75,000PrimaryPrimary (for business purposes)Secondary (Primary outside the U.S)Secondary (Primary outside the U.S)Primary (for business purposes)Primary (for business purposes)
Foreign Transcation FeeNoneNoneNone3%3%3%3%
Trip Delay6 Hrs/$50012 Hrs/$50012 Hrs/$500NoneNoneNoneNone
Purchase Protection120 Days/$10,000120 Days/$500120 Days/$10,000120 Days/$500120 Days/$500120 Days/$10,000120 Days/$10,000
Cellphone ProtectionNoneNone$600 with $100 deductibleNoneNoneNoneNone
Extended Warranty1 Year1 Year1 Year1 Year1 Year1 Year1 Year
Return Protection90 Days/$500 up to $1,000 per yearNoneNoneNoneNoneNoneNone
Trip Cancel Insurance$10,000$10,000$5,000$1,500 per person up to $6,000$1,500 per person up to $6,000NoneNone
Trip Interruption Insurance$10,000$10,000$5,000$1,500 per person up to $6,000$1,500 per person up to $6,000NoneNone
Travel Accident Insurance$1,000,000$500,000$500,000NoneNone$500,000None
Baggage Delay6 Hrs/$100 up to 5 Days6 Hrs/$100 up to 5 Days6 Hrs/$100 up to 5 DaysNoneNone6 Hrs/$100 up to 3 Days6 Hrs/$100 up to 3 Days
Emergency Evac$100,000NoneNoneNoneNoneNoneNone
Roadside ServiceUp to $50 up 4 times per year$59.95 Per timeUsage FeeUsage FeeUsage FeeUsage FeeUsage Fee
Lost Luggage$3,000$3,000$3,000$3,000$3,000NoneNone
Quarterly BonusNoneNoneNoneNone5xNoneNone