The Chase Sapphire Preferred® credit card is a standout choice with a robust signup bonus of 75,000 points and strong reward rates on dining and travel. Cardholders earn 3x points on dining and 2x on travel, making this card ideal for both foodies and globe-trotters. The $95 annual fee is reasonable compared to the range of benefits available. Although the full APR and credit limit range are not always published, applicants typically need good to excellent credit.

How to Apply for the Chase Sapphire Preferred®

First, visit the official application page and fill out your personal information accurately, including income and employment details. Make sure your credit score is in the recommended range before applying. Review the card’s terms and conditions thoroughly, then submit your application for review. Most applications receive a decision within minutes.

Pros of the Chase Sapphire Preferred®

This card’s 75,000-point bonus easily translates to hundreds of dollars in travel or cash back, a substantial offer for new applicants. The 3x points on dining and 2x on travel ensure you accumulate rewards fast if you travel frequently or dine out often. Plus, points are highly flexible for redemption.

Cons of the Chase Sapphire Preferred®

The $95 annual fee, while not exorbitant, may not suit those who rarely dine out or travel. Additionally, approval can be tough if your credit is below the “good” range, making accessibility a hurdle for some. There’s also no introductory 0% APR period, so it’s not ideal for balance transfers.

Our Verdict

For applicants with good to excellent credit seeking valuable travel and dining rewards, the Chase Sapphire Preferred® is one of the best mid-tier cards available. The bonus and ongoing rewards often offset the annual fee, especially for those whose spending habits align.