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Sapphire Preferred

Chase Credit card

$1,538 est. value
Offer type
Credit card signup bonus
Expiry
No stated end date
Points / miles
75,000
Annual fee
$95
Min. opening deposit
None stated
Direct deposit
Not required
Availability
Nationwide
Last verified
2026-09-20

Card point values are converted to estimated USD using published per-point valuations (basis stated in the requirements below). Cash is cash; points are estimates.

How to earn it

  1. Earn 75,000 bonus points after spending $5,000 on purchases in the first 3 months from account opening
  2. Points valued ~$1,538 at 2.05 cents per point (TPG July 2026 Ultimate Rewards valuation); worth 1.5 cents per point when redeemed for travel through Chase Travel
  3. No annual fee waiver for first year; bonus not available if you received a Sapphire new cardmember bonus in the past 48 months