3 Little-Known Perks of the Chase Sapphire Preferred Card

Motley Fool
18 Apr

KEY POINTS

  • The Chase Sapphire Preferred® Card comes with trip cancellation and interruption insurance that can pay users back up to $20,000 in covered travel costs.
  • The card also comes with a free DashPass membership that can help you save on your next DoorDash purchase.
  • Chase Offers provide cash back at tons of popular merchants after you activate through your Chase account.

The Chase Sapphire Preferred® Card (see rates and fees) is one of the most well-known travel cards on the market. Right now, it's also got a lucrative limited-time welcome offer: You can earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.

But would it surprise you to know that it also comes with a handful of perks that are vastly underused? Here are three under-the-radar benefits that can make the Chase Sapphire Preferred an even more valuable addition to your wallet.

Ratings Methodology
2025 Award Winner

Chase Sapphire Preferred® Card

Apply Now for Chase Sapphire Preferred® Card

On Chase's Secure Website.

Rates & Fees

Rating image, 5.00 out of 5 stars.
5.00/5Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Rating image, 5.00 out of 5 stars.
5.00/5Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Credit Score:Circle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Recommended Credit Score required for this offer is: Good/Excellent (670-850)
Apply Now for Chase Sapphire Preferred® Card

On Chase's Secure Website.

Rates & Fees

Credit ScoreCircle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Good/Excellent (670-850)

Intro APRCircle with letter I in it. N/A

Purchases: N/A

Balance Transfers: N/A

Regular APR

19.99% - 28.24% Variable

RewardsCircle with letter I in it. Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.

5x on travel purchased through Chase Travel℠, 3x on dining and 2x on all other travel purchases

Annual Fee

$95

Welcome OfferCircle with letter I in it. Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.

100,000 bonus points

  • This card easily justifies the (very reasonable) annual fee with benefits that deliver real value. For a limited time, earn 100,000 bonus points after spending $5,000 in the first 3 months, which we estimate is worth $1,250 in Chase Travel℠ value. Plus, enjoy bonus travel and dining rewards, a $50 annual hotel credit, and 25% more value when booking through Chase Travel. With added travel protections like rental car insurance and trip reimbursement, we think this card is a game-changer for any traveler.

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    • Big sign-up bonus
    • Travel rewards
    • Dining rewards
    • Flexible travel points
    • Consumer and travel protections
    • Annual fee
    • Limited-time perks
    • Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
    • Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
    • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
    • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
    • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
    • Member FDIC

1. Trip cancellation and interruption insurance

One of the Chase Sapphire Preferred's most overlooked perks is its built-in travel protection. What that means is if your trip is canceled or cut short because of sickness, severe weather, injury and more, you could get reimbursed up to $10,000 per person and $20,000 per trip.

This applies to prepaid, non-refundable expenses like airfare, hotels, and tours. So if you had to cancel a big vacation last-minute, this perk could potentially save you thousands. Learn more about our favorite travel credit cards to avoid financial disaster on your next big trip.

2. DoorDash DashPass membership

Chase Sapphire Preferred cardholders also get free access to DashPass, which normally costs users $9.99 per month. DashPass is DoorDash's premium membership service that comes with free delivery and lower service fees on eligible DoorDash and Caviar orders.

This perk lasts for at least one year when activated by Dec 31, 2027. If you order in regularly, that could mean hundreds of dollars in savings per year. As a DashPass member myself, I can vouch for the value of this perk.

You can activate this benefit through the DoorDash app by linking your eligible Chase card. It's a small perk that can add up quickly -- especially during busy times when cooking is off the table.

3. Chase Offers for easy cash back

Here's a perk for virtually all Chase cardholders that hides in plain sight: Chase Offers. You'll find these limited-time deals in your Chase app or online account -- and they're often good for cash back at popular retailers, restaurants, and even travel brands.

Just tap "Add to Card" before you make a purchase, and the statement credit will post automatically once the transaction goes through.

It's also worth nothing that these deals can be combined with other rewards and promos. So if you're planning on making a purchase large or small, it's worth checking to see if a deal is available.

Bottom line

The Chase Sapphire Preferred is known for its killer rewards program, but its low-key perks take its value to the next level.

Whether you're traveling, shopping, or ordering in, benefits like trip insurance, DashPass, and Chase Offers make this card a versatile money-saving tool.

Ready to get started? Apply for the Chase Sapphire Preferred® Card today and earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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