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Edited May 16, 2025
at 09:28 AM
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Earn 100,000 bonus points after
$5,000 in purchases in your first
3 months from account opening with the
Chase Sapphire Preferred® Card. Annual fee is $95.
Card Details:
Earn 1000,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
Enjoy benefits such as 5x on travel purchased through Chase TravelSM, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
Earn up to $50 in statement credits each account anniversary year for hotel stays through Chase TravelSM
10% anniversary points boost - each account anniversary you'll earn bonus points equal to 10% of your total purchases made the previous year.
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders.
Member FDIC
Rates & Fees
Read our review on the
Chase Sapphire Preferred® Card
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$1000 cash back less:
- $95 annual fee
- $50-100 opportunity cost for spending $5000 on a card that only gives 1%cb when you could have gotten 2-3%cb.
Still over $800 tax-free profit. Not bad at all.
Considering it. I have one more application before I hit chase 5/24, then wait for a boosted amex gold or platinum bonus.
Any 0% apr period on this?
Will they treat a tax payment at pay1040 as a cash advance? Most credit card vendors treat it as a purchase.
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now that i'm doing the bonus again, should i downgrade or cancel this second card after a year?
The choice is yours, depending on if you have already have a Freedom Flex or not; if you don't, I'd suggest downgrading to the Freedom Unlimited, so that you'd still be eligible for a bonus for the Freedom Flex should you choose to apply for it later on. (Because if you already have a card, and later apply for another of it, you won't be eligible for a bonus.)
I've never used door dash, so I didn't count that. Not a cash award, and not valuable to everyone.
Looks like they've upped the requirements a bit.
You can have more than one Freedom card- in fact doing so gives you a second $1500 quarterly 5x cap which is nice for certain categories where category gift cards let you extend the quarterly 5x to future quarters if you wouldn't normally max it on all your freedom cards organically in a single quarter.
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1. Price drop protection for flights
2. $300 annual travel credit, that is directly available at the time of booking
3. Cover the TSAPre/GE fees every 4 years
4. 10,000 bonus points added to your account every year
5. Priority pass membership for primary of authorized users with unlimited access to lounges across globe (that allows each membership to take 2 guests in addition with you).
Venture X charges a fee of $395 that gets covered with $300 travel credit and 10,00 bonus points every year, making it technically no fee card.
Yeah but you're comparing Chases mid-tier card ($95 AF) with Cap Ones high-tier card ($395 AF).
The correct chase card to compare is the Sapphire Reserve- high AF that can be profitable above the fee if you use all the credits and benefits, just like the Cap One high tier card- and what frequent travellers should be product changing this mid-tier Chase card into after 1 year..... CSP isn't a card that makes much sense for someone to keep year over year beyond the signup bonus, CSR can be though.
Plus, going back to point transfers (so this applies to either chase card vs the cap one) the list of transfer partners is better for Chase (though specific individuals may or may not be able to get the extra value depending on their available airlines local to them, their travel habits, etc)
which is annoying because i then realized within her chase account, she already had a pre-approved csp link to click and accept, now updated with the 100k points offer. i don't understand how she can be pre-approved for the card, sign up for it, and then not get approved instantly.
1 (800) 432-3117
Good for you, called my local branch asking if they can waive it they said no, I just signed up online
I went to Branch to open chase sapphire preferred but Rep told me i can only have one sapphire card for bonus. He told me to cancel my chase sapphire reserve card and reapply in 30 days.
My questions are,
- If I cancel my chase sapphire reserve card (62k limit), whats the hit on my credit
- I don't have any other chase cards. I see that changing to freedom might work but i will NOT avail freedom $250 bonus.
Can you guys suggest better option?Thanks and Regards.
Going forward, use this guide:
https://imgur.com/a/chase-approval-guide-oXlPW
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