Chase Sapphire Preferred® Card

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Chase Ink Business Premier® Credit Card

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Chase Ink Business Premier® Credit Card

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At a glance

Welcome Offer

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Limited Time Offer

New Offer

All time high

Rewards

5X points on travel purchased through Chase Travel℠.

5X points on Lyft rides through March 31, 2025

3X points on dining, select streaming services and online groceries

2X points on all other travel purchases.

1X points on all other purchases.

$50 Annual Chase Travel Hotel Credit, plus more.

Intro APR

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Balance Transfer Intro

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Regular APR

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Annual Fee

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Elevate your travel game with the Chase Sapphire Preferred® Card. Earn 5x points on all travel purchases through Chase Travel℠, except for certain hotel bookings. Your points also transfer to popular loyalty programs like United MileagePlus, Marriott Bonvoy, and more. Perfect for both frequent travelers and everyday adventurers looking to maximize their rewards.

Application Tips

Get the best results with each application

Application Pending? Check your status online at Chase.com/Customer-Center/Check my app status or by calling 1-888-609-7805 or 1-888-338-2586. Sometimes, all they need is a quick verification.

Thinking About 2 Cards? If you get approved for one Chase card, try applying for a second on the same day. If your first application is still pending, wait for it to be approved before applying for another.

Application Declined? You have 30 days to request reconsideration by calling 1-888-609-7805. If you call the same day you applied, there won’t be another hard credit check. Keep in mind, if it's due to the Chase 5/24 rule, they likely won’t reconsider.

Approval Rules: Chase typically declines if you’ve opened 5 new credit cards in the last 24 months. They usually approve up to 2 Chase cards within 30 days, counting business and personal cards separately. Read more about the Chase 5/24 rule and how to review your report.

Limit Increase

Credit Inquires

Chase Bank will usually pull your Experian credit report.

Application Inquires Inquiries for all personal or all business cards on the same day are combined, but personal and business inquiries aren’t mixed.

Welcome Offer Eligibility: Chase might not approve you if you’ve already gotten a welcome bonus on the Chase Ink Cash card for the same business in the last 24 months. But if you do get approved, you’ll still get the bonus. You can still get approved and receive the bonus even if you’ve had a bonus from other Chase Ink cards (like Ink Preferred, Ink Premier, or Ink Unlimited) within 24 months. You can also apply for the same card for a different business, even with the same owner, and get the bonus within 24 months.

Downgrade Options

The Chase Sapphire Preferred card can be downgraded to Freedom Unlimited ($0), Freedom Flex ($0), or to the Sapphire ($0) - only available via product change. Please note, Chase will only allow you to downgrade the card after 12 months of account opening.

Getting your card

Rescore your report: To update your balance off-cycle, call 1-888-682-8361. If you pay your balance to zero, Chase will automatically update your report within 48 hours.

When applying for a new credit card, keep your balances below 10% of your limit on each existing card. Pay down balances and wait for each card's closing date, avoiding new charges. Some banks let you update balances anytime by phone, and Chase will automatically report a $0 balance after payment.

Card Benefits

Card holder benefits

As a card member, you have access to a wide range of benefits that come included with your membership. Take a look.

Reward Terms

Travel Insurance and Protection

Travel Perks and Credits

Purchasing Protections

Rewards and Savings

Special Credits and Subscriptions

Miscellaneous Benefits

DoorDash

Get complimentary access to DashPass – a membership for both DoorDash and Caviar – a value of $120 for 12 months - which unlocks $0 delivery fee and lower service fees on eligible orders for a minimum of one year when you activate by Dec 31, 2027. Plus, DoorDash members get up to $10 off a month on non-restaurant DoorDash orders.

Additional Value with Chase Travel℠

Get 25% more value when redeemed for travel. For example 60,000 points are worth $750 toward travel when redeemed through Chase Travel℠. Plus, Chase Travel℠ points do not expire as long as the account is open.

Travel Insurance and Protection

Trip Cancellation/Interruption Insurance

If your trip is canceled or cut short by sickness, severe weather and other covered situations, you can be reimbursed up to $10,000 per person and $20,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours, and hotels.

Rewards and Savings

Additional Value with Chase Travel℠

Rewards and Savings

Additional Value with Chase Travel

Get 25% more value when redeemed for travel. For example 60,000 points are worth $750 toward travel when redeemed through Chase Travel℠. Plus, Chase Travel℠ rewards points do not expire as long as the account is open.

Travel Insurance and Protection

Trip Delay Reimbursement

If your common carrier travel is delayed more than 12 hours or requires an overnight stay, you and your family are covered for unreimbursed expenses, such as meals and lodging, up to $500 per ticket.

Travel Insurance and Protection

Trip Cancellation-Interruption Insurance

Travel Insurance and Protection

Travel and Emergency Assistance Services

If you run into a problem away from home, call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance. (You will be responsible for the cost of any goods or services obtained.)

Special Credits and Subscriptions

Quarterly Instacart Credit

Sapphire Preferred Instacart+ members earn up to $15 in statement credits each quarter through July 2024.

Purchasing Protections

Purchase Protection

Covers your new purchases for 120 days against damage or theft up to $500 per claim and $50,000 per account.

Special Credits and Subscriptions

Peloton

Earn 5x total points on Peloton equipment and accessory purchases over $150 with a max earn of 25,000 total points now through Mar. 31, 2025.

Special Credits and Subscriptions

Lyft

Earn 5x points on Lyft rides through March 31, 2025. That's 3x points in addition to the 2x points you already earn on travel.

Special Credits and Subscriptions

Instacart+

Skip the trip and have your groceries delivered to your doorstep with 6 months of complimentary Instacart+. Plus, Instacart+ members earn up to $15 in statement credits each quarter through July 2024.

Purchasing Protections

Extended Warranty Protection

Extends the time period of the U.S. manufacturer's warranty by an additional year, on eligible warranties of three years or less.

Travel Perks and Credits

Complimentary 4th night at Ennismore Hotel properties

Get VIP access to benefits at SLS, Mondrian, Delano, House of Originals and Hyde hotels and resorts around the world. Cardmembers can stay a little longer with a complimentary 4th night and receive room upgrades, late checkouts, daily complimentary breakfast, a $30 food and beverage credit and much more.

Travel Insurance and Protection

Baggage Delay Insurance

Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier up to $100 a day for 5 days.

Travel Insurance and Protection

Auto Rental Collision Damage Waiver

Decline the rental company's collision insurance and charge the entire rental cost to your card. Coverage is primary and provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

Rewards and Savings

Anniversary Bonus Points

Each account anniversary you'll earn bonus points equal to 10% of your total purchases made the previous year. That means if you spend $25,000 on purchases, you'll get 2,500 bonus points.

Rewards and Savings

1:1 Point Transfer

Are you a member of a frequent travel program? With Chase Sapphire Preferred®, you can transfer your points to leading frequent travel programs at 1 to 1 value.

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Lyft

Earn 5x points on Lyft rides through March 31, 2025

March 1, 2022

March 31, 2025

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Grocery Delivery

Earn 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs)

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Dining

Earn 3x points on dining, including eligible delivery services, takeout and dining out

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Streaming Services

Earn 3x points on select streaming services

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On Other Purchases

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On other purchases

Rewards redemption

Redeem your spending bonus

How to Redeem your valuable credits

Cash Redemption

Travel Redemption

Transfer your Chase Ultimate Rewards to any of the following Chase Travel Partners.

Points Transfer Partners

Aeroplan Loyalty Program

Instant

Airlines

Avios

Instant

Airlines

Emirates Skywards

Instant

Airlines

IHG One Rewards

1 Day

Hotels

JetBlue TrueBlue Rewards Program

Instant

Airlines

Marriott Bonvoy

2 Days

Hotels

Singapore Airlines KrisFlyer

12-24 Hours

Airlines

Southwest Rapid Rewards

Instant

Airlines

United MileagePlus

Instant

Airlines

Virgin Atlantic FlyingClub

Instant

Airlines

World of Hyatt Loyalty Program

Instant

Hotels

Fees

Fees you may encounter as a cardmember

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Balance transfer Intro Offer

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Balance transfer Fee

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Balance transfer Terms

Late Payment Fee

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$40

Up to $40

$40 or 2% of the Minimum Payment Due, whichever is greater

Over Limit Fee

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Foreign Transactions

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Cash Advance APR

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Cash Advance Fee

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Personal

Travel

Rewards

No Foreign Transaction Fee

Updated On

September 19, 2024 12:15 AM

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Rates and Fees

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Why We Like it

The Chase Sapphire Preferred® Card is indeed an excellent choice for those seeking a straightforward yet potent travel rewards card. Here's a closer look at why it's so highly regarded:

Flex Your Points: The Chase Sapphire Preferred® makes earning rewards on purchases effortless. Points earned are more valuable when redeemed through the Chase Travel℠, ensuring you get fantastic value whether you’re booking flights, hotels, or car rentals.
Travel Benefits Galore: This card packs numerous travel-related perks into one package. It includes trip delay reimbursement, baggage delay insurance, and an auto rental collision damage waiver. Exclusive benefits at Ennismore Hotel properties further enhance your travel experience, offering a complimentary fourth night.
More Than Just Travel: Beyond travel, the card extends its value into daily life with quarterly credits for Instacart, complimentary Lyft rides, and membership perks with DoorDash and Instacart+. For those who prioritize fitness, the Peloton benefits are a great addition, helping you stay active wherever you are.
Transfer Points 1:1: Flexibility is a key advantage here, as points can be transferred 1:1 to major loyalty programs like United MileagePlus, Marriott Bonvoy, and World of Hyatt. This feature allows you to maximize your rewards and use them in the most beneficial ways possible.
Shopping Protection: The card also offers extended warranty protection and purchase protection, making shopping more rewarding and secure.

Overall, the Chase Sapphire Preferred® Card does more than facilitate your travels; it enhances your entire lifestyle, ensuring that every dollar you spend not only goes further but also brings added value across various aspects of your life.

Considerations

If you're eyeing the Chase Sapphire Preferred® card, it's packed with perks, but here are some downsides to consider:

Annual Fee: $95, which might be a factor if you're not a frequent traveler or spender.
High Rewards Redemption Value Mostly for Travel: Best rewards value is for travel, which might not benefit everyone.
Requires Good to Excellent Credit: Not suitable for those with fair or rebuilding credit scores.
No Intro APR Offer: No 0% introductory APR for purchases or balance transfers.
Complex Rewards System: Points system can be complex to navigate for maximum value.
Limited Direct Airline and Hotel Partners: Restricts direct earning with some popular global brands.

This card is rich with benefits, but consider these points to see if it fits your spending habits and credit management.

Credit Reads By Category

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Why We Like it

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