Chase Sapphire Preferred® Card
Get travel rewards, comprehensive insurance, and a starting credit limit typically at $5,000+ with a competitive annual fee. Earn a generous welcome bonus!
The Chase Sapphire Preferred® Card is a top choice for those seeking a powerful rewards card with high credit limits. With a typical starting limit of $5,000 or more, you can confidently cover significant expenses. Cardholders benefit from a regular APR of 19.74% – 27.99% (variable) and an annual fee of $95. To qualify, applicants generally need a good to excellent credit score (670–850).
How to Apply for the Chase Sapphire Preferred® Card
- Check your credit score to ensure you meet the approval threshold.
- Gather your financial details such as income and employment information.
- Fill out the online application with accurate personal information.
- Submit your application and await a decision, which is often instant.
- If approved, review your terms and activate your card once received.
Benefits That Make a Difference
One of the major advantages is the rich rewards program. Cardholders earn 5X points on travel via Chase, 3X on dining and select streaming, and a generous welcome bonus. The annual $50 Chase Travel hotel credit and comprehensive insurance protections add further value, making travel more rewarding and secure.
Potential Drawbacks
The main downsides include the $95 annual fee, which may not suit everyone’s budget. Additionally, the card requires good to excellent credit, leaving out those who are still building their credit profiles or recovering from past credit issues.
Our Verdict
For Canadians and residents who often travel and want robust rewards plus a high credit limit, the Chase Sapphire Preferred® Card is one of the most versatile options available. It balances significant travel perks with insurance coverage and attainable qualification requirements for those with strong credit histories. If you meet the criteria, this card is an outstanding choice for maximizing both spending and travel.
