The Chase Sapphire Preferred, issued by Chase, is a premium contender in the market.
Chase Sapphire Preferred Payoff Analysis
Chase Sapphire Preferred Payoff Analysis
This tool is provided "AS IS" for informational purposes. It does not constitute financial or legal advice. Projections are based solely on user inputs and may not reflect current issuer terms. Users must verify all data against their official cardmember agreements. See full Terms.
Time to Pay Off
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Rewards Earned
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Interest Paid
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Interest Earned
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Interest earned by keeping your cash in a yield-bearing account during the grace period.
Formula: Balance × (APY / 365) × Days. --
Formula: Balance × (APY / 365) × Days. --
* Estimates use live economic data (Prime Rate: 6.75%) and daily compounding. Does not include new purchases or late fees.
Snapshot
Chase Sapphire Preferred | |
|---|---|
| Issuer | Chase |
| Network | Visa (Visa Signature) |
| Card Material | Metal |
| Annual Fee | $95.00 Effective: $-75.00 • $50 Annual Chase Travel Hotel Credit • $120 DoorDash Grocery/Retail Credit |
| Base Rate | 1.00% |
| Travel Rewards | 2.00x |
| Authorized User Fee | $0.00 |
| Foreign Transaction Fee | None |
| Credit Reporting | Ex, Eq, Tu |
| Product Lifecycle | Available (16y ago) |
| Minimum Credit Line | $5000 |
Welcome Offer
| Bonus | 75,000 Chase Points |
| Spend Requirement | $5,000 |
| Timeline | 90 days |
| Efficiency Score | 15.00 pts/$1 |
| Cash Back Value | $750 |
| Portal Travel Value | $938 |
| Transfer Estimated Value | $1,500 |
Rewards Breakdown
| Base Rate | 1.00% |
| Chase Travel | 5.0x |
| Dining | 3.0x |
| Lyft | 5.0x |
| Online Grocery | 3.0x |
| Peloton | 5.0x |
| Streaming | 3.0x |
| Travel | 2.0x |
| Anniversary Bonus | +10% |
| Portal Boost | 1.25x |
Transfer Partners
| Aer Lingus AerClub | 0.0¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| Air Canada Aeroplan | 0.0¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| British Airways Executive Club | 0.0¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| Emirates Skywards | 0.0¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| Air France-KLM Flying Blue | 0.0¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| World of Hyatt | 2.3¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| Iberia Plus | 0.0¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| IHG One Rewards | 0.6¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| JetBlue TrueBlue | 1.3¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| Marriott Bonvoy | 0.8¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| Singapore Airlines KrisFlyer | 0.0¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| Southwest Rapid Rewards | 1.4¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| United MileagePlus | 1.3¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
| Virgin Atlantic Flying Club | 0.0¢ ? Standardized point-to-point transfer rate before valuation boost. (1:1 Ratio) |
Pricing Details
| Purchase APR | 19.24% - 27.49% |
| Cash Advance Fee | 5% |
| Balance Transfer Fee | 5% |
| Late Payment Fee | Up to $40 |
| Minimum Interest Charge | $0.00 |
| Grace Period | 21 days |
| Penalty APR | 29.99% |
Official Resources
Benefits & Partners
| Transfer Partners | 14 Partners |
| Annual Credits | $50 Annual Chase Travel Hotel Credit $120 DoorDash Grocery/Retail Credit |
| Partnership Benefits | 3 Programs |
| Lyft | 5.0x Chase Points |
| Peloton | 5.0x Chase Points |
| DashPass Perk | Complimentary Membership ($9.99/mo) |
Usability & Experience
| Digital Wallets | apple-pay, google-pay, samsung-pay |
| Customer Service | 24/7 Direct Specialist |
| Instant Use | Available |
Strategy & Eligibility
| Min. Credit Score | 690+ |
| Recommended Range | Good/Excellent |
| Chase 5/24 Rule | Strict (Chase) |
| Lifetime Restriction | Yes |
| Active Family Restriction | Yes (Sapphire Family (One Sapphire card at a time)) |
| Closure Grace Period | 2 weeks |
Comparisons
See how the Chase Sapphire Preferred compares to other cards.