Many of the credit card offers that appear on this site are from credit card issuers from which MillionMileSecrets.com receives compensation. Compensation does not impact the placement of cards on Million Mile Secrets other than in banner advertising. MillionMileSecrets.com does not include all credit card offers that might be available to consumers in the marketplace.

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

Credit Card Comparison: Chase Sapphire Preferred vs Chase Freedom

Signing up for credit cards through partner links earns us a commission. Here’s our full Advertising Policy.

Credit Card Comparison:  Chase Sapphire Preferred vs Chase Freedom

Joseph HostetlerCredit Card Comparison:  Chase Sapphire Preferred vs Chase FreedomMillion Mile Secrets Team

Signing up for credit cards through partner links earns us a commission. Here’s our full Advertising Policy.

Here at Million Mile Secrets, our favorite flexible rewards program is Chase Ultimate Rewards. With Chase Ultimate Rewards, there are multiple ways to earn points you can redeem for travel nearly anywhere in the world.

Chase has a number of different cards to choose from, and it can be difficult to decide where to begin. So we’re going to compare 2 of the most popular Chase cards for beginners – the Chase Freedom and the Chase Sapphire Preferred Card.

Both cards have good sign-up bonuses, so choosing the right card for you will depend on which card perks make the most sense for your unique situation.

We’ll also go over how you can pair the 2 cards for even more travel. Lots of folks use both the Freedom and Sapphire Preferred to maximize the Ultimate Rewards points they earn.

Here’s our Chase Freedom vs Chase Sapphire Preferred showdown!

Let’s compare the Chase Sapphire Preferred vs Chase Freedom – both earn Chase Ultimate Rewards points you can redeem for free travel. (Photo by CourtneyK/iStock by Getty Images)

Which Card Is Better? Chase Freedom vs Chase Sapphire Preferred

Chase Sapphire Preferred

Apply Here: Chase Sapphire Preferred

Read our review of the Chase Sapphire Preferred

Chase Freedom

        Apply Here: Chase Freedom

Read our review of the Chase Freedom

1. Best Sign-Up Bonus

One of the fastest and easiest ways to earn miles and points for free travel is by earning sign-up bonuses from new credit cards.

The Chase Sapphire Preferred card offers 60,000 Chase Ultimate Rewards points after you spend $4,000 on purchases in the first three months from account opening.

This sign-up bonus is worth $750 in travel (1.25 cents per point) when you redeem your points through the Chase Ultimate Rewards travel portal. And you can get potentially much more value when you transfer Ultimate Rewards points to Chase transfer partners like United Airlines, Hyatt and Singapore Airlines.

60,000 Chase Ultimate Rewards points is more than enough for two award nights at a an all-inclusive Hyatt hotel, like the Hyatt Zilara Cancun. (Photo courtesy of Hyatt)

In comparison, with the Chase Freedom card, you’ll earn $150 (15,000 Chase Ultimate Rewards points) after you spend $500 on purchases in your first three months from account opening.

Winner: Chase Sapphire Preferred

Looking strictly at the value of sign-up bonuses alone, the Chase Sapphire Preferred is the clear winner.

2. Best Point Earning

Both the Chase Sapphire Preferred and Chase Freedom cards earn Chase Ultimate Rewards points, but they earn them in different ways. The points you earn with the Chase Sapphire Preferred are worth more when you redeem them for travel through Chase’s travel portal.

With the Chase Sapphire Preferred, you’ll earn:

  • 2x Chase Ultimate Rewards points per dollar you spend on travel and dining worldwide
  • 1x Chase Ultimate Rewards point per dollar you spend on everything else

And with the Chase Freedom, you’ll earn:

  • 5% back (5x Chase Ultimate Rewards points per dollar) on up to $1,500 in spending in rotating categories each quarter when you activate the bonus
  • 1% back (1x Chase Ultimate Rewards points per dollar) on everything else

If you can spend $1,500 per quarter ($6,000 per year) in popular rotating 5x bonus categories (which in the past have included restaurants, gas stations, department stores and Amazon) you can potentially earn more cash back (or Ultimate Rewards points!) with the Freedom. That’s because you’ll earn $75 cash back each quarter ($1,500 X 5%), for a total of $300 cash back (or 30,000 Chase Ultimate Rewards points) per year ($75 x 4 quarters).

In comparison, you only earn 2x Chase Ultimate Rewards points on travel and dining and 1x points on everything else with the Sapphire Preferred. But for some, the hassle of tracking rotating categories with the Freedom isn’t worth it, so having the Sapphire Preferred makes more sense.

Just remember, you can’t transfer the Ultimate Rewards points you earn with the Chase Freedom to Chase’s airline and hotel partners unless you have other certain Ultimate Rewards earning cards, like the Chase Sapphire Preferred, Chase Sapphire Reserve, or Ink Business Preferred Credit Card. Ideally, you’d pair your Freedom with one of these other cards.

Winner:  It’s a toss up!  

This one depends on your spending habits and how you plan to use your rewards. If you’re only interested in cash back and can maximize the Freedom’s quarterly 5% bonus categories, the Freedom is the better choice. If you spend a lot on travel and dining, don’t want the hassle of dealing with rotating categories and want to use your rewards for travel, you should go with Chase Sapphire Preferred. In fact, it’s our #1 pick for the best first credit card for beginners.

3. Best Redemption Value

The points you earn with the Chase Freedom are straightforward to redeem, because each point is worth 1 cent each in cash back, travel booked through the Ultimate Rewards portal or gift cards. For example, if you spend $1,000 on the card, you’ll earn $10 back.

With the Chase Sapphire Preferred, however, your points are worth 1.25 cents a piece when you redeem them for travel through the Chase Travel portal. For example, if you spend $1,000 on the card, you’ll earn $12.50 in travel.

You points are worth even more when you transfer Chase Ultimate Rewards points at a 1:1 ratio to Chase’s great airline and hotel partners.

With the Chase Sapphire Preferred card, you can redeem your Chase Ultimate Rewards points for cash back (1 cent per point) or paid travel through the Chase Ultimate Rewards travel portal (1.25 cents per point).

Winner: Chase Sapphire Preferred

4. Best Travel Protection Benefits

If you’ll be traveling often, consider the insurance and protection benefits each card provides. Delays, cancellations, and mishaps can happen despite our best intentions.

Planning a getaway and worried about the potential cost of cancellations and lost luggage along the way? The Chase Sapphire Preferred has you covered. (Photo by Romeo Pj/Shutterstock)

The Chase Sapphire Preferred offers excellent travel protections, including:

  • Primary car rental insurance – Covers damage due to theft or collision to your rental car, when you pay for the rental with your card
  • Trip delay reimbursement – Get up to $500 back per ticket when your trip is delayed more than 12 hours
  • Trip cancellation / interruption – Up to $10,000 per covered trip
  • Baggage delay – Up to $100 per day for a maximum of five days when your bags are delayed for six hours or more hours

The Chase Freedom doesn’t offer the same travel protection perks.

Winner: Chase Sapphire Preferred

5. Best Annual Fee

The Chase Freedom has NO annual fee, while the Chase Sapphire Preferred has a $95 annual fee.

Winner: Chase Freedom

6. Best Foreign Transaction Fees

With the Chase Sapphire Preferred, you never have to worry about foreign transaction fees. However, the Chase Freedom charges a foreign transaction fee.

Winner: Chase Sapphire Preferred

7. Best Worldwide Acceptance

The Chase Sapphire Preferred and Chase Freedom are both Visa cards, so they’ll both be equally accepted around the world.

Winner: It’s a Tie

Bottom Line

The Chase card you choose really should reflect your personal spending habits and your travel goals.

If you don’t want to pay an annual fee and like the simplicity of earning cash back, the Chase Freedom is a great choice.

But for most folks, the Chase Sapphire Preferred is a better deal because it beats the Chase Freedom in most aspects. The Chase Ultimate Rewards points earned with the Sapphire Preferred are more valuable because of the better redemption rate you get through the Chase Ultimate Rewards portal or by transferring points to airline and hotel partners.

  • Best Sign-Up Bonus: Chase Sapphire Preferred offers $500+ more value
  • Best Point Earning: It’s a toss up, depending on your personal spending habits
  • Best Redemption Value: Chase Sapphire Preferred can get you significantly more value when you transfer points to travel partners
  • Best Travel Protection Benefits: Chase Sapphire Preferred offers primary rental car insurance, trip delay reimbursement, trip cancellation / interruption and baggage delay insurance
  • Best Annual Fee: Chase Freedom
  • Best Foreign Transaction Fees: Chase Sapphire Preferred
  • Best Worldwide Acceptance: It’s a tie (but remember, the Freedom charges foreign transaction fees!)

Which of these cards have won a spot in your wallet? Or do you have both? Let us know in the comments.

For more about Chase Ultimate Rewards points, check out our guides:

And don’t forget to subscribe to our newsletter for more tips and tricks to unlock free travel.

Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry that something went wrong, repeat again!

2comments

by Newest
by Best by Newest by Oldest
Hideki Yamada

If you travel a fair amount and are thinking about Chase Sapphire Preferred, I urge you to actually look at Chase Sapphire Reserve. The annual fee looks steep, but it actually pays off rather quickly with the extra benefits that ‘Reserve’ confers.

The Sapphire Reserve is a great card! I carry it in my wallet, and I basically look at it as a $150 effective annual fee ($450 fee minus $300 annual travel credit).