Chase Sapphire Preferred

Is the annual fee worth it?

It earns about $814 a year on the illustrative household's spending, which is $719 once the fee is paid. The best card with no fee, American Express Blue Business Plus, nets $1,058 on the same spending — so this card is $340 a year behind. It pulls ahead of the free card once spending passes about $8,490 a month.

Priced on an illustrative household spending $2,205 a month on a card — the assumption, in full. Credits and perks are not priced: they are worth their face value only if you would have spent that money anyway.

Where it ranks

Against every card in the catalogue, scored in dollars per $100 with no rotating categories switched on:

• #1 of 68 for gas — $6.00 per $100
• #1 of 68 for streaming services — $6.00 per $100
• #1 of 68 for EV charging — $6.00 per $100
• #2 of 68 for dining out — $6.00 per $100
• #2 of 68 for food delivery — $6.00 per $100

Where a year's rewards come from

Priced on an illustrative household spending $2,205 a month on a card — the assumption, in full. Credits and perks are not priced: they are worth their face value only if you would have spent that money anyway.

Protections and travel benefits

From the issuer's own benefit summary as of 2026-09. These are read from summaries rather than the full guide to benefits, which has the exclusions — check it before relying on one.

• Rental car — primary cover
• Purchase protection — up to $500 per claim · 120 days
• Extended warranty
• Trip delay
• Global Entry / TSA PreCheck

What the issuer lists besides rewards

• $100 annual hotel credit on stays booked through Chase Travel
• $120 Global Entry, TSA PreCheck or NEXUS credit every four years
• 10% anniversary points bonus based on the prior year's spend
• Primary rental car collision coverage and trip delay protection
• No foreign transaction fees
• Purchase protection up to $500 per claim for 120 days after you buy
• Extended warranty adds a year to manufacturer warranties of three years or less

Similar cards

• Wells Fargo Autograph Journey — annual fee $95 a year
• Citi Strata Premier — annual fee $95 a year
• Capital One Venture Rewards — annual fee $95 a year
• American Express Classic Green Card — annual fee $150 a year
• Every travel card, ranked
• When an annual fee pays for itself
• The best two- and three-card combinations