SOME CARD INFO MAY BE OUTDATED
This page includes information about these cards, currently unavailable on NerdWallet. The information has been collected by NerdWallet and has not been provided or reviewed by the card issuer.
Ultra-premium travel rewards cards offer every perk imaginable to soften the blow of their sky-high annual fees. But sometimes you just want a reliable card that provides excellent benefits without the huge price tag.
The Chase Sapphire Preferred® Card is as faithful a travel companion as your well-worn suitcase. In exchange for a $95 annual fee, it offers valuable rewards points, worldwide acceptance and travel protections that can help when that suitcase doesn’t make it to the baggage claim.
Here are the benefits of the Chase Sapphire Preferred® Card.
Travel rewards
1. A generous welcome offer
The issuer phrases the bonus for the Chase Sapphire Preferred® Card like this: “Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.”
★ LIMITED TIME OFFER
Heads up! For a limited time, new cardholders of the recently refreshed Chase Sapphire Preferred® Card can earn a bonus of 100,000 points by meeting the card's initial spending requirement. That matches the biggest bonus this perennial-favorite card has ever offered and is worth $1,000 or more when redeemed for travel. Chase spells out the bonus offer like this: Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. Learn more and apply here.
2. Bonus earnings on dining, online grocery purchases and more
With the Chase Sapphire Preferred® Card, you'll earn 3 points per dollar spent on dining out, select streaming services and online grocery purchases (excluding Target, Walmart and wholesale clubs), as well as on gas and EV charging and on vacation homes booked directly with brands like AirBnB and VRBO. You'll also earn 5 points per dollar on travel purchased through Chase and 2 points per dollar on all other travel. All other spending earns 1 point per dollar.
The travel category is very broad and includes:
- Airline purchases.
- Hotel stays.
- Timeshares.
- Rental cars.
- Cruises.
- Travel agencies and travel sites.
- Campgrounds.
- Trains.
- Buses.
- Taxis.
- Limos.
- Ferries.
- Tolls.
- Parking.
3. 'Points Boost' when redeeming for travel via Chase
Points on the Chase Sapphire Preferred® Card are typically worth 1 cent apiece when redeemed for cash back. But they can be worth more when redeemed for travel booked through Chase. On select airline and hotel bookings eligible for what Chase calls "Points Boost," points are worth 1.5 cents apiece (1.75 cents for select premium cabin airline bookings). On bookings not eligible for Points Boost, points are worth 1 cent apiece.
4. A $100 hotel credit
Cardholders can receive a $100 hotel credit each year on reservations booked through Chase. New cardholders will be able to use this credit immediately. Existing cardholders can use this credit after their next account anniversary.
5. Combine points from multiple cards
You can transfer points, for free, among any cards that earn Chase Ultimate Rewards® points, including the Chase Freedom®, the Chase Freedom Flex®, the Chase Freedom Unlimited® and the Chase Sapphire Reserve®. You can also transfer points to and from another cardholder in your household, making it possible to create a family pool of points. Not only do you increase your points-earning potential by using multiple cards in the Chase Ultimate Rewards® universe, but transferring points into your Chase Sapphire Preferred® Card account gives you the opportunity to redeem them at the higher "Points Boost" rate, when available.
6. Transfer points to airline and hotel partners
If you want to book travel directly through an airline or hotel but need just a few thousand points more in your account to get that free flight or stay, you can transfer Chase Ultimate Rewards® points earned through your Chase Sapphire Preferred® Card to 14 airline and hotel partners, usually at a 1:1 point value. Transfer partners include:
- Airlines: Aer Lingus, Air France/KLM, Air Canada, British Airways, Emirates, Iberia, JetBlue, Singapore Airlines, Southwest, United and Virgin Atlantic.
- Hotels: Hyatt, IHG and Marriott Bonvoy.
🤓 Nerdy Tip
Starting June 15, 2026, Chase Ultimate Rewards® points transfer to Hyatt at a 4:3 ratio. This means that 1000 Ultimate Rewards will be worth 750 World of Hyatt points when transferred to the hotel brand. (If you applied for the Chase Sapphire Preferred® Card before June 15, 2026, the new Hyatt transfer ratio will not go into effect until Oct. 1, 2026.) 7. Reimbursement of application fees for TSA PreCheck, Global Entry or NEXUS
Every four years, you get a $120 statement credit toward TSA PreCheck, Global Entry or NEXUS. TSA PreCheck costs $85, while Global Entry and NEXUS each cost $120. Learn more about TSA PreCheck and Global Entry.
8. Worldwide acceptance
As a Visa card with no foreign transaction fee, the Chase Sapphire Preferred® Card travels well.
Travel and shopping protections
9. Coverage if your trip is canceled or delayed
Get reimbursed up to $10,000 per person and $20,000 per trip for prepaid, nonrefundable travel expenses if your trip is interrupted by sickness, severe weather or other covered situations. If your travel is delayed by more than 12 hours, or the delay requires you to stay overnight, you’re covered up to $500 per ticket for expenses like meals and a hotel stay.
10. Baggage delay insurance
If your luggage is delayed more than six hours, you can get reimbursed up to $100 a day for five days to cover the cost of new toiletries and clothing.
11. Rental car coverage
Charge the entire car rental to your Chase Sapphire Preferred® Card and get primary insurance coverage for collision and theft in the U.S. and abroad. You must decline the rental company’s insurance to get this coverage.
12. Travel assistance
Get access to legal and medical referrals, or other help as needed if you’re facing an emergency while traveling. The referrals are free, but you’re on the hook for the cost of any services you use.
13. Emergency evacuation and transportation coverage
This covers the cost of getting you to the nearest medical facility in the event of a serious illness, injury or death while traveling.
14. Purchase protections
New purchases are covered for up to 120 days in case of damage or theft, up to $500 per claim and $50,000 per account (perfect for those times when your doorbell camera doesn’t scare package thieves away from your front porch). You’ll also get an extra year added onto the manufacturer’s warranty on eligible warranties of three years or less.
15. Customer service without the wait
There’s no annoying hold music and no need to yell “representative” at your phone over and over. Call the toll-free number on the back of your card and you’ll be connected to a real live human.
Additional perks
16. Apple TV subscription
Receive a complementary one-year Apple TV subscription when you activate by Dec. 31, 2026.
17. DashPass membership
Get a free DashPass membership when you activate your DashPass membership through DoorDash This benefit is available until Dec. 31, 2027. Terms apply; see details here.
18. Rewards on Lyft rides
Earn 5 points per dollar spent on Lyft products and services purchases though the Lyft app. This benefit is available through Sept. 30, 2027.
19. Rewards on Peloton purchases
Earn 5 points per dollar spent on Peloton equipment and accessory purchases over $150 and up to $5,000. This benefit ends on Jan. 31, 2027.
