Chase Sapphire Preferred
Every rate below is the issuer’s own, verified October 2, 2026.
Terms apply. See rates & fees on Chase. Rankings are pure math, never sold.
How it earns
Every rate here is the issuer’s published number. Points are valued at what this door can redeem them for: cash-back at the statement-credit rate, travel at the issuer’s travel rate.
What it pays at a typical spend
Our travelling sample family spends $800 a month on groceries, $200 on dining, $250 on gas, $500 on travel and $600 on everything else. Figures as of October 2, 2026, the day the terms were last verified.
At that spending the Chase Sapphire Preferred nets $1,330 in year one and $393 every year after, fee included. The biggest line is travel, at $150. The welcome bonus counts, because this spending reaches $5,000 inside 3 months. Points are counted at 1.25 cents each, the travel rate, never the higher figure a transfer partner might reach. For our travelling sample family, set against the 5 travel cards we’ve confirmed, its estimate would place first.
The Capital One Venture X, just below it, nets $11 less. Judged on every year after the first instead, set against the 5 travel cards we’ve confirmed, its estimate would place fifth.
It sits out of our best-of rankings and comparisons until we can pin one number, because it carries a gas rate we have seen but not confirmed.
Who it fits
It fits if
- You spend a lot on dining: it earns 3x there.
- You redeem through Chase’s travel options: a point counts 1.25 cents there against 1 cent as cash.
Look elsewhere if
- Most of your spending sits outside its categories: the rest earns 1x.
- You cannot put about $1,667 a month on it for 3 months: the $937 bonus pays nothing below $5,000.
- At up to four times the spending above, the no-fee Wells Fargo Autograph pays more every year after year one.
- Your credit is fair or thin: approval usually needs good credit.
Plain facts
- Who gets approvedGood credit, around 670+. Typically wants good-to-excellent credit history (estimate; issuer does not publish a score).
- 5x through Chase Travel is not countedTravel booked through Chase Travel earns 5 points a dollar. That is a booking channel, not a category the questions can see, so the number above is a floor.
- Streaming and online groceries are not countedChase pays 3 points a dollar on top streaming services and on online grocery orders. Online groceries are part of a category, not the whole of one, so counting them here would overstate what most people would actually earn.
- A gas rate we have seen but not confirmedChase's page shows 3 points a dollar on gas, EV charging and vacation homes, marked new. We could only read that on one page, and we do not raise a card's value on a single reading. The number above leaves it out until we can check it twice.
- The issuer’s terms governRates, fees and bonus conditions are set by Chase and change without notice. Confirm the current offer before you apply.
- Where these numbers came fromCollected by hand from Chase’s own published terms, last verified October 2, 2026. An automatic check re-reads that page every day. On October 19, 2026 all 10 of the figures it watches here were still printed there. How we check
What people ask about it
Is there a cap on what it earns?
No. Its rates apply to all of your spending, with no yearly cap.
How do you value the welcome bonus?
75,000 points at 1 cent each as cash is $750, and at 1.25 cents through travel, $937. We count it only once your spending reaches $5,000 in 3 months.
What does it earn on each purchase?
3x on dining and 2x on travel, and 1x on everything else. It also earns 5x on travel booked through Chase Travel, a booking channel no question can see.
Where the rankings stand
The Chase Sapphire Preferred sits out of these until we can pin one number, because it carries a gas rate we have seen but not confirmed.
- Best card for travelCapital One Venture X first, at $1,319 in year one.
More cards like this
- Yearly fee $325American Express GoldAmerican Express · for dining and groceries, 4x · estimate
- Yearly fee $395Capital One Venture XCapital One · for one card on everything, 2x, and 10x on hotels and rental cars booked through Capital One Travel
- Yearly fee $95Capital One VentureCapital One · for one card on everything, 2x, and 5x on hotels, vacation rentals and rental cars booked through Capital One Travel
The three travel cards beside this one on our list of every card. See every card