Card economics
Chase Sapphire Preferred
Ultimate Rewards points transfer to World of Hyatt at 4:3 on this card (1,000 points become 750 Hyatt points) for accounts opened on or after June 15, 2026, and for every account from October 1, 2026; most other Chase transfer partners stay 1:1. The optimizer values Ultimate Rewards with one blended transfer rate and does not model the Hyatt ratio separately.
Annual fee
$95/yr
Foreign transaction fee
None
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Welcome offers change frequently — check the issuer's page for the current offer.
Earn rates
Points or cash back earned per dollar spent. 'x' means points multiplier, '%' means cash back percentage. Portal-only rates require booking through the issuer's travel portal.| Category | Rate |
|---|---|
| Chase Travel - Flights | 5xPortal only |
| Chase Travel - Hotels | 5xPortal only |
| Chase Travel - Rental Cars / Activities | 5xPortal only |
| Dining | 3x |
| Streaming | 3x |
| Groceries — online | 3x |
| Gas stations (excluding Costco Gas) | 3x |
| EV Charging | 3x |
| Travel - Vacation Homes | 3x |
| Flights outside issuer portals | 2x |
| Hotels outside issuer portals | 2x |
| Other travel outside issuer portals | 2x |
| Travel - Car Rentals / Agencies / Cruises | 2x |
| Transit | 2x |
| Amex Travel - Flights | 2xPortal only |
| Amex Travel - Hotels | 2xPortal only |
| Amex Travel - Car Rentals / Cruises | 2xPortal only |
| Bilt Travel - Flights | 2xPortal only |
| Bilt Travel - Hotels | 2xPortal only |
| Everything else | 1xBase rate |
Transfer partners: Chase Ultimate Rewards
Fee calculator
The effective fee is the annual fee minus credits you'll actually use. A $550 card with $400 in usable credits has an effective fee of $150. Adjust credit values based on how much you'll realistically use.Sticker Fee
$95/yr
Credits
-$30
Effective FeeWhat you actually pay after subtracting credits you use. This is the real cost of holding the card — the number that matters for optimization.
$65
Credits & Benefits
Adjust each credit's value based on how much you'll realistically use. 'Easy' credits are straightforward to use (dining, streaming). 'Conditional' credits may require specific merchants or booking methods.Max: $100/yr · annual
Up to $100/year on hotel stays booked through Chase Travel portal. Must book via portal.
Max: $30/yr · counted per year; renews every 4 years
Up to $120 every 4 years for Global Entry, TSA PreCheck, or NEXUS application fee.
Max: $156/yr · annual
Complimentary Apple TV for one year when activated by 12/31/2026.
Max: $120/yr · annual
Complimentary DashPass membership ($120 value) through 12/31/2029, plus $10/month DoorDash promo credit.
Adds this card to your current wallet and keeps your spending. Premium uses your edited credit values; Free uses conservative defaults. The optimizer may recommend a different wallet.
Catalog record last reviewed Oct 11, 2026; see the Corrections page for later changes. Issuer terms and available offers control and may change.
Next step
One card is a start. The modeled setup is the whole wallet.
The Chase Sapphire Preferred might be useful on its own, but the modeled combination depends on your total spending. The optimizer searches eligible portfolios and clearly labels whether the result was proven optimal within that run's inputs or is the strongest valid setup found before timeout.
Comparisons featuring Chase Sapphire Preferred
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