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Sapphire Preferred

Annual fee $95 · 5x travel via Chase, 3x dining

Sapphire Preferred carries one credit: a $100 hotel credit on your card anniversary, doubled from $50 in 2026. Against the card's $95 fee, that single credit is close to a wash on its own, before counting the card's travel and dining earn rates.

Fee break-even: 95.0%. Use about 95% of this card's valued credits over the year and the $95 fee is covered.

The math

Each credit's per-occurrence amount, multiplied by how often it resets in a year.

Hotel creditdoubled from $50 in 2026
$100 × 1/yr
$100/yr
Total annualized credits$100/yr

Full credits table

CreditAmountCadenceResets byCategoryNotes
Hotel credit $100 Once a year Card anniversary hotel doubled from $50 in 2026

Standing perks

Non-dollar perks that come with the card, not counted in the math above.

Track this card automatically.

Perq Wallet keeps every credit on this card current and tells you before any of it resets. Or run the numbers for your own wallet.

Open Perq free