Chase Sapphire Preferred Credit Card

Why This Card Could Be Right For You

The Chase Sapphire Preferred® is a great choice for:

• Those who don’t qualify for the Sapphire Reserve but want to earn transferable points
• Couples playing the “two-player game”—one person gets the Reserve, the other the Preferred to stagger sign-up bonuses
• Travelers looking for a low annual fee card with high rewards potential

With the Preferred, you get a $50 hotel credit (when booking through the Chase portal), plus 25% more value when redeeming points for travel. The standard 60,000-point sign-up bonus is worth $750 when used this way. Other perks include:

• 5x points on travel through the Chase portal
• 2x on other travel purchases
• 3x on dining, online grocery purchases, and select streaming services
• Free DashPass membership, solid travel insurance protections, cell phone coverage, and extended warranty benefits

When The Usual Advice Doesn't Apply

This card might not be the best choice if you qualify for the Reserve and prefer more robust travel perks and the 1.5x redemption value. Or you’ve earned a Sapphire sign-up bonus in the last 48 months (you can only earn one every 4 years)

My Experience, No Filter

In our two-player household, my wife holds the Sapphire Reserve while I carry the Sapphire Preferred. It’s a great balance—we each earned a bonus, we can share points, and we’ve maximized the perks that matter most to us. When I applied, the offer was elevated to 75,000 points, which was a big part of my decision. If you’re not in a rush, it’s often worth waiting for a higher bonus.

If I were doing this solo and could qualify for the Reserve, I’d go for that one instead. The benefits are stronger and the higher fee is easily offset if you travel often. But for starting out, or if you’re splitting strategy across multiple cards and players, the Sapphire Preferred is a fantastic foundation.