Less than $2,500 More than $2,500
Always Never Sometimes

Chase Sapphire vs. Chase Sapphire Preferred

  • 33333
  • 33333
  • 33333
  • 33333

Discover More versus Chase FreedomBoth the Chase Sapphire and Chase Sapphire Preferred credit cards are perfect cards to earn rewards. You get more with the Preferred card, but you also pay more for the benefits.

If you are using a card for purchases, you might as well be getting something back for it. The Chase Sapphire cards help you get more for your buck. As long as you are eligible to apply for them, either of them would be worth checking out.

When you compare offers look at the fees you will pay for the services that you use most. Also, consider the interest rate and how timely you are in paying off your credit card bill each month. All these fees and rates are detailed on this page.

Start a credit card comparison at the FREE finder tool provided!

Chase Sapphire Terms

  • Annual Fee: $0
  • Purchase APR: 15.24% variable rate
  • Balance Transfer APR: 15.24% variable rate
  • Cash Advance APR: 19.24% variable rate
  • Overdraft Advance APR: 19.24% variable rate
  • Penalty APR: 29.99%
  • Grace Period: 21 days
  • Minimum Interest Charge: $1.5
  • Balance Transfer Fee: 3% or $5, whichever amount is greater
  • Cash Advance Fee: 5% or $10
  • Foreign Transactions: 3%
  • Late Payment: up to $35
  • Return Payment: up to $35

Chase Sapphire Features

Many credit cards offer a point for every dollar you spend. The Sapphire card from Chase offers this, but also offers more. If you use it at restaurants you receive twice as many points. It does not matter whether you are dining at a fine dining establishment or a fast food chain, and the points will never expire.

A couple more benefits of the Sapphire card is that you have direct access to a Chase advisor with any help that you need, and you have access to experiences that are exclusive to card holders. You also have access directly to service advisors, whom are available 24 hours a day. This means you don’t have to go through a complicated and long automated phone directory.

The nice thing about the Sapphire card is that you will not pay anything annually for the benefits you receive, which is different from many of the other reward credit cards out there.

Only those with good to great credit should apply for either of the Sapphire credit cards. If you have poor credit you will be denied approval. Find out what your score is with Experian.

Avoid the high percentage penalty fees a number of ways. Make sure that you pay your bill by the due date, that you pay with available funds so that payment does not get returned, and that you spend within your credit limit. Once you are charged the penalty APR you will be stuck with it indefinitely, which can be avoided by paying your bill in full every month and not carrying a balance.

Chase Sapphire Preferred Terms

  • Introduction Annual Fee: $0
  • Annual Fee: $95
  • Purchase APR: 15.24% variable rate
  • Balance Transfer APR: 15.24% variable rate
  • Cash Advance APR: 19.24% variable rate
  • Overdraft Advance APR: 19.24% variable rate
  • Penalty APR: 29.99%
  • Grace Period: 21 days
  • Minimum Interest Charge: None
  • Balance Transfer Fee: 3% or $5, whichever amount is greater
  • Cash Advance Fee: 5% or $10, whichever amount is greater
  • Foreign Transactions: None
  • Late Payment: up to $35
  • Return Payment: up to $35

Chase Sapphire Preferred Features

Chase Sapphire Preferred Credit CardThe Sapphire Preferred card from Chase offers more perks than the basic Sapphire card. In addition to what the regular card offers, the Preferred card offers two times points on any travel expenses. This includes taxis, tolls, train tickets, rental cars, cruises, hotels, and airfare.

You also receive 20% off any travel redemptions and there are no blackout dates. Card holders receive a 7% dividend for the annual points they have accrued.

If you are a member of another program for frequent travelers you can transfer your Preferred points over to the program. There are no fees to transfer them over and they transfer one point for one point so you don’t lose any with the transfer. Programs include United Mileage Plus, British Airways Club, Southwest Rapid Rewards, Amtrak Guest Rewards, Marriott Rewards, Korean Air SKYPASS, Ritz-Carlton Rewards, and Priority Club Rewards.

Unlike many other cards, there are no fees for foreign transactions while using the Sapphire Preferred card.

Also, if you spend $3,000 within the initial three months, you will receive 40,000 bonus points. You can start redeeming points at 25,000.

You will pay for the additional benefits you get with the Preferred card. There is an annual fee of $95, which is on the higher end. This fee is waived the first year you have the card, however.

Look for credit card offers immediately with our FREE card chaser tool!

Similar Articles:

Credit Cards

Disclaimer: This content is not provided or commissioned by American Express, Visa, MasterCard, Discover, or any other credit card company or issuer. The opinions expressed here are the author's alone, not those of any credit card company or issuer, and have not been reviewed, approved or otherwise endorsed by any credit card company or issuer. Credit Card Chaser may be compensated through various affiliate programs with advertisers. As always, Credit Card Chaser is an independent website commmitted to helping people research credit card offers and find the best credit card!

Leave Your Own Chase Sapphire vs. Chase Sapphire Preferred Review & Star Rating!




Less than $2,500 More than $2,500
Always Never Sometimes