Chase Sapphire Preferred: is the $95 fee worth it?
The honest math on the Chase Sapphire Preferred: which credits you'd actually use, what its points earn beyond a plain 2% card, and what its protections would cost to buy — against the $95 annual fee.
Chase · $95 annual fee · earns Chase Ultimate Rewards
Where it ranks: #2 of 16 for gas & EV charging · #3 of 33 for dining
Compared with: Amex Gold vs Chase Sapphire Preferred · Chase Sapphire Preferred vs Chase Sapphire Reserve · Chase Sapphire Preferred vs Citi Strata Premier · Capital One Venture vs Chase Sapphire Preferred · Capital One Venture X vs Chase Sapphire Preferred · Chase Sapphire Preferred vs Wells Fargo Premier Autograph
Earning rates
- 5x Chase Travel portal bookings
- 2x Flights booked direct
- 2x Hotels booked direct
- 2x Other travel
- 3x Dining worldwide
- 3x Online grocery purchases
- 3x Select streaming services
- 3x Gas stations & EV charging
- 3x Vacation home rentals at top brands
- 5x Lyft rides
- 5x Peloton purchases over $150
- 1x Everything else
Statement credits (4)
- $100 Annual Chase Travel Hotel Credit — Up to $100 in statement credits each account anniversary year for hotel stays booked and prepaid through Chase Travel.
- $10/month DoorDash Promo — A $10 promo credit each month ($120/year) on DoorDash, with DashPass enrollment.
- Complimentary Apple TV (12 months) — At least 12 months of complimentary Apple TV, if you activate by Dec 31, 2026.
- Global Entry / TSA PreCheck / NEXUS Credit — $120 application-fee credit once every 4 years (~$30/yr).
Protections and perks (10)
- DashPass Membership — Complimentary DashPass ($0 delivery fees) for at least 12 months, a $120 value, when activated by Dec 31, 2027.
- Primary Rental Car Coverage — Primary collision/theft coverage up to $60,000 on rentals paid with the card — decline the counter CDW.
- Trip Cancellation / Interruption — Up to $10,000 per covered traveler ($20,000 per trip) for prepaid, non-refundable travel cancelled for covered reasons.
- Trip Delay Reimbursement — Up to $500 per covered traveler for lodging/meals when a covered trip is delayed more than 12 hours or overnight.
- Baggage Delay & Lost Luggage — Up to $100/day (5 days) for essentials when bags are delayed over 6 hours; up to $3,000 per covered traveler for lost or damaged luggage.
- Purchase Protection — New purchases covered 120 days against damage or theft, up to $500 per item.
- Extended Warranty — Adds a year to eligible US manufacturer warranties of 3 years or less, up to 4 years from purchase.
- No Foreign Transaction Fees — No surcharge on purchases abroad.
- Emergency Evacuation & Transportation — Up to $100,000 for medical evacuation when injured or sick on a trip 100+ miles from home.
- Travel Accident Insurance — Up to $500,000 in accidental death or dismemberment coverage when common-carrier fares are paid with the card.
Recent changes to this card's data
2026-08-28 — Chase Sapphire Preferred
- Verified accurate — no changes. Fee, all credits, earning rates, coverage terms, and every promotional end date re-confirmed against chase.com.
2026-08-27 — Chase Sapphire Preferred + Chase Sapphire Reserve: one-Sapphire rule modeled
- Chase only lets one person hold one Sapphire card at a time (per chase.com's Sapphire application terms — the long-standing "one Sapphire" policy).
- Effect: the wallet optimizer will never recommend holding both Sapphires; if adding one conflicts with a Sapphire you already hold, it proposes a swap instead.
2026-08-27 — Chase Sapphire Preferred
- Spot check, no change: the 3x gas/EV-charging/vacation-rentals rate (and the card's other earning rates) re-confirmed current on chase.com.
Card data verified against Chase on 2026-08-28.
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