MoneyGeek compares Sapphire Preferred and Freedom Flex to help you decide which of these Chase products best suits what you’re looking for in a credit card. The Chase Sapphire Preferred has excellent travel perks, anniversary bonuses and a reward-earning structure that puts more value on travel purchases and lucrative welcome offers for its cardmembers. On the other hand, the Chase Freedom Flex has the same reward-earning structure but with lower interest rates and no annual fee.

It can be difficult to choose between the Sapphire Preferred and Freedom Flex as they both have exciting offers. If you qualify for both cards, pairing them together could help you reap the most value.

Comparison Overview: Chase Sapphire Preferred vs. Chase Freedom Flex

  • Chase Sapphire Preferred
    Chase Freedom Flex
  • Has Annual Fee
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  • Has Balance Transfer Offer
  • Has APR Offer
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  • Cash Back Rewards
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  • Travel Rewards
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Chase Sapphire Preferred At a Glance

The Chase Sapphire Preferred is one of the best existing travel rewards credit cards on the market. The $95 annual fee is easily offset through its solid rewards, welcome bonus and loyalty program. For example, spending $4,000 in your first three months earns you 60,000 bonus points, equivalent to $750 on travel purchases through the Chase travel portal.

Points can also be redeemed in several ways, such as through statement credits, booking a trip through Chase's travel portal or by transferring points to its partner programs at a ratio of 1:1 point value. Since it is essentially a travel credit card, your earned points get 25% more value when you redeem them on travel.


  • Chase Sapphire Preferred

    A very good rewards card with no foreign transaction fees and comprehensive travel cover


    • ExcellentCredit Needed
    • $95Annual Fee
    • 1–2 Points per $1Rewards Rate
    • 2xRewards Rate on Air Travel
    • 2xRewards Rate on Dining

    Terms, rates and fees apply

    Compare this credit card with other cards with lower interest rates.

Chase Freedom Flex At a Glance

The Chase Freedom Flex is one of the best cash back credit cards with no annual fee and robust earning opportunities. For example, you can earn 1% cash back for every dollar spent and 3% cash back on dining and drugstore purchases. Book your travel through Chase’s Ultimate Rewards Program and you automatically get 5% cash back with this credit card.

The Chase Freedom Flex also offers additional rewards on rotating bonus categories. That is an additional 5% cash back on up to $1,500 in combined purchases when you use the card on select categories that change every quarter. In addition to having a low APR, its Doordash, Lyft and other Mastercard World Elite Benefits surely make this card an attractive option.


  • Chase Freedom Flex

    An easy-to-use cash back card with quarterly rotating bonus categories


    • Good-ExcellentCredit Needed
    • $0Annual Fee
    • 1–5% Cash Back*Rewards Rate
    • 5xRewards Rate on Air Travel
    • 3xRewards Rate on Dining

    Terms, rates and fees apply

    Compare this credit card with other top-rated cards from our partners.

Comparison Summary

MoneyGeek offers a Chase Sapphire Preferred vs. Chase Freedom Flex comparison to more easily see the features of each card.

  • Card Detail
    Comparison Summary
  • Travel Coverage and Purchase Protection

    For a cash back card, the Chase Freedom Flex offers excellent travel benefits, including car rental insurance, trip cancellation reimbursement and assistance services for travel emergencies.

    The travel and purchase protection with Chase Sapphire Preferred is slightly more extensive. It also has more impressive travel perks and carries no foreign transaction fees.

    Winner: Chase Sapphire Preferred

  • Welcome Bonus

    You can earn 60,000 bonus points after spending $4,000 on purchases in the first three months of account opening — equivalent to $750 toward travel with the Chase Sapphire Preferred.

    With the Chase Freedom Flex, you can earn $200 cash back after spending $500 on purchases in the first three months from account opening.

    Winner: Chase Sapphire Preferred

  • Rewards

    The Chase Sapphire Preferred earns at least 1X point on all purchases, with more points earned on specific spending categories. For example, you can earn 5X points on travel purchases made through Chase, 2X points on all other travel purchases and 3X points on dining out, takeout, delivery, grocery and select streaming purchases. Redeeming points towards travel make them more valuable by 25%.

    The Chase Freedom Flex earns 5% on travel, 3% on eligible dining and 1% on all other purchases — in the form of cash back. On top of this, Freedom Flex provides an additional 5% cash back on rotating bonus categories selected every quarter.

    Winner: Chase Freedom Flex

  • Annual Fee

    Chase Sapphire Preferred charges a $95 annual fee. Chase Freedom Flex has no annual fee.

    Winner: Chase Freedom Flex

  • APR

    Chase Sapphire Preferred charges an interest rate ranging from 15.99% to 22.99% based on creditworthiness and prime rates.

    Chase Freedom Flex has a 0% intro APR for 15 months from account opening on purchases and balance transfers. After the intro period, a variable APR of 14.99% to 23.74% takes effect.

    Winner: Chase Freedom Flex

  • Loyalty Programs

    Chase Freedom Flex doesn’t have a loyalty program.

    The Chase Sapphire Preferred gives anniversary bonus points of up to 10% on total annual purchases. There’s also an additional $50 statement credit for hotel stays gifted every year on your account anniversary.

    Winner: Chase Sapphire Preferred

Which Card Should You Get?

MoneyGeek takes a closer look at both Chase Sapphire Preferred and Chase Freedom Flex — specifically, which kind of cardholder best matches each card.

Who Should Consider the Chase Sapphire Preferred?

The Chase Sapphire Preferred is a flexible travel rewards card that puts more value on your points when you redeem them for travel.

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    People willing to pay its annual fee and have matching spending habits to offset the amount.

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    Jetsetters who would benefit from earning points for travel. Aside from elevated point value when used on travel, there are impressive travel perks and bonuses to get from this card, including no foreign transaction fees.

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    People who like Doordash, Peloton and Lyft and want to earn additional points when they use their card with these partners.

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Who Should Consider the Chase Freedom Flex?

The Chase Freedom Flex is a solid cash back credit card that lets you earn significant rewards for your spending.

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    People looking for a card with no annual fee, low interest rates and excellent rewards-earning opportunities.

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    People who want to maximize their earning potential just by using the card on their usual purchases like groceries, dining and streaming services.

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    People who plan to redeem points through cash back or gift cards.

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    People who would enjoy World Elite Mastercard Benefits like Lyft, Fandango, Shoprunner and Hello Fresh.

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EXPERT OPINION

These cards are quite different in their rewards structure. If you’re looking for the most ‘valuable’ card based on average consumer spending, it’s no doubt the Chase Sapphire Preferred. However, not all consumers can find value in a travel rewards credit card. If that’s the case, the Chase Freedom Flex is a solid option to earn cash back on your purchases.

Other Helpful Decision-Making FAQs

MoneyGeek answers questions you may have when choosing between the Chase Sapphire Preferred and the Chase Freedom Flex.

Still Not Sure About These Cards? Consider These Options

With so many choices out there, picking the best credit card for you can be overwhelming. That’s why MoneyGeek compiled a list of different credit cards for specific purposes.

There are travel credit cards for those looking for as many travel benefits and perks as they can get. There are also other cash back or rewards credit cards if earning cash, statement credits or points on your usual purchases is more your style.

Learn more about credit cards in general

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*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.