Chase Sapphire Preferred by Chase: 5x travel (broad) via portal, 3x dining & restaurants, 3x ev charging, 3x gas stations, 3x online shopping, 3x…
The Chase Sapphire Preferred is Chase's mid-tier credit card. The $95/yr annual fee includes a 100,000-point welcome bonus after spending $5,000 in the first 3 months. Beyond the welcome bonus, here's what the card actually delivers.
| Credit | Value | What it covers |
|---|---|---|
| Chase Travel hotel credit | $100/yr | Up to $100 in statement credits each account anniversary for hotel stays prepaid through Chase Travel (doubled from $50, effective 2026-06-15). |
| 10% Anniversary Points Bonus (variable, points-denominated) | $0/yr | 10% of prior cardmember-year's purchase points awarded on each anniversary. Per Chase example: $25K spend = 2,500 bonus points. Variable annual_value_usd reflects baseline ($0 guaranteed) — actual value scales with cardholder spend. At 1¢/pt straight = ~$25 per $25K spend; at 2¢/pt transfer-partner = ~$50 per $25K. |
| Global Entry, TSA PreCheck or NEXUS Application Fee Credit | $120/quadrennial | Global Entry or TSA PreCheck or NEXUS Application Fee Statement Credit. You will receive one statement credit every four years (up to $120) after the first program (either Global Entry or TSA PreCheck or NEXUS) application fee is charged to your Chase Sapphire Preferred card. |
| DashPass membership | $120/yr | Complimentary DashPass membership, a $120 value for 12 months. $0 delivery fees and reduced service fees on eligible DoorDash orders. Activate by 12/31/2027. |
| DoorDash non-restaurant promo | $120/mo | $10 off discount each calendar month on one qualifying non-restaurant order on DoorDash (groceries, retail, etc.). Requires active DashPass enrollment via the Sapphire Preferred card. Available through 12/31/2027. |
Welcome bonus value (year one): ~$2000. Annual statement credits: $460. Minus the $95 annual fee = ~$2365 in year-one net value before any spending earn. RewardsGuru rating: 5.0/5 — based on our net-value methodology.
Best fit: someone whose category spending matches the card's earn multipliers. Skip if: your spending pattern is flat across categories — a 2% flat-rate card would beat this.
100,000 points after spending $5,000 in the first 3 months. At our ~2¢/pt valuation, that's roughly $2000 in real value.
Year-one math: welcome bonus value (~$2000) + annual credits ($460) − $95 fee = ~$2365 net before spending earn. Year-two onward, the credits alone need to clear $95 — they do. Worth it if you'll use the credits, skip if you'd let them expire.
5 recurring statement credits: Chase Travel hotel credit ($100/yr), 10% Anniversary Points Bonus (variable, points-denominated) ($0/yr), Global Entry, TSA PreCheck or NEXUS Application Fee Credit ($120), DashPass membership ($120/yr), DoorDash non-restaurant promo ($120/mo). Total: $460/yr.
Check the card's terms — most premium travel cards waive foreign transaction fees, while no-fee and entry-tier cards usually charge 2-3%. Chase's product page has the current rate.