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Chase Sapphire Preferred® Card review: The best travel rewards card for under $100?



Bankrate rating
Rating: 5 stars out of 5

Bottom line

The Chase Sapphire Preferred is an excellent entry point into the world of travel rewards, offering impressive value, easy redemption options and premium benefits for a modest $95 annual fee.

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Rewards rate

2x - 5x

Annual fee


Intro offer

60,000 points

Regular APR

20.49% - 27.49% Variable

Recommended Credit Score

Good to Excellent (670 – 850)

Chase Sapphire Preferred® Card Overview

The Chase Sapphire Preferred Card is one of the best travel credit cards on the market, thanks to its low annual fee, generous rewards structure and various travel protections. Boasting new and improved bonus categories, a $50 annual hotel stay credit through Chase and a 10 percent point match-style anniversary bonus, the Sapphire Preferred should offer excellent value to everyday spenders and rewards experts alike.

And though it lacks some of the robust perks found in more premium travel cards, like travel credits worth hundreds of dollars, the card should be a good fit for travelers looking to earn rewards on their flights and hotel stays without a hefty annual fee.

What are the pros and cons?


  • Checkmark

    This card does not charge foreign transaction fees, which is beneficial if you travel overseas frequently

  • Checkmark

    Compared with other travel rewards cards of this caliber, it has a relatively low annual fee of $95

  • Checkmark

    1:1 point transfer ratio and impressive airline and hotel transfer partner list

  • Checkmark

    25 percent value boost to points redeemed for travel via Chase Ultimate Rewards


  • No 0 percent introductory APR offer on purchases or balance transfers

  • Lacking some premium travel perks, such as free checked bags and airport lounge access