The Chase Sapphire Preferred and Chase Freedom Flex are distinctly different credit cards that serve different purposes. The Sapphire Preferred is best for travelers, whereas the Freedom Flex is for those who want to maximize their cash back.
Chase Sapphire Preferred vs. Chase Freedom Flex: Which Is Best for You?
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 PreferredChase Freedom Flex
- Has Annual Fee
- Has Balance Transfer Offer
- Has APR Offer
- Cash Back Rewards
- Travel Rewards
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
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
MoneyGeek offers a Chase Sapphire Preferred vs. Chase Freedom Flex comparison to more easily see the features of each card.
- Card DetailComparison 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
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
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
Chase Sapphire Preferred charges a $95 annual fee. Chase Freedom Flex has no annual fee.
Winner: Chase Freedom Flex
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
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.
People willing to pay its annual fee and have matching spending habits to offset the amount.
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.
People who like Doordash, Peloton and Lyft and want to earn additional points when they use their card with these partners.
≫ More: Read Our Full Review
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.
People looking for a card with no annual fee, low interest rates and excellent rewards-earning opportunities.
People who want to maximize their earning potential just by using the card on their usual purchases like groceries, dining and streaming services.
People who plan to redeem points through cash back or gift cards.
People who would enjoy World Elite Mastercard Benefits like Lyft, Fandango, Shoprunner and Hello Fresh.
≫ More: Read Our Full Review
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.
Capital One Quicksilver Rewards
American Express Marriott Bonvoy Business Card
Capital One Quicksilver Student Rewards
American Express Delta SkyMiles Gold Card
Bank of America Premium Rewards Card
Chase Ink Business Preferred
Mastercard Titanium Card
Disney Premier Visa Card
Chase Ink Business Unlimited
Chase Sapphire Reserve
Chase Marriott Bonvoy Bold
American Express Delta SkyMiles Platinum Business Card
Chase British Airways Visa Signature
U.S. Bank Altitude Connect Visa Signature Card
American Express Delta SkyMiles Platinum Card
Credit One Bank Platinum Rewards Visa
Chase Southwest Rapid Rewards Performance Business
American Express Delta SkyMiles Reserve Business Card
Chase Southwest Rapid Rewards Plus
American Express Delta SkyMiles Reserve Card
Capital One Spark Cash Plus
Chase Southwest Rapid Rewards Premier
Capital One Spark Miles
Upgrade Bitcoin Rewards Visa
Capital One Spark Cash Select
Credit One Bank Platinum Visa
Capital One Spark Cash Select - Good Credit
Chase Southwest Rapid Rewards Premier Business
Disney Visa Card
Mastercard Black Card
Wells Fargo Business Secured Credit Card
American Express Hilton Honors Surpass Card
Credit One Bank Platinum Visa for Rebuilding Credit
American Express Hilton Honors Business Card
Capital One Platinum Secured Card
Chase United Business
American Express Hilton Honors Card
Amazon Prime Rewards Visa Signature Card
Capital One QuicksilverOne Rewards
Chase United Club Infinite
Indigo Platinum Mastercard
USAA Rate Advantage Visa Platinum Card
American Express Plum Card
Chase United Explorer
NASCAR® American Express® Card from Credit One Bank
Bank of America BankAmericard
Indigo Unsecured Mastercard
U.S. Bank Triple Cash Rewards Visa Business Card
Citi AAdvantage Executive World Elite Mastercard
Chase World of Hyatt
Bank of America BankAmericard for Students
World of Hyatt Business Credit Card
Bank of America Travel Rewards for Students
Bank of America Business Advantage Travel Rewards
Chase Slate Edge
Chime Credit Builder Secured Visa Credit Card
Bank of America Cash Rewards for Students
Citi American Airlines AAdvantage MileUp Mastercard
Mastercard Gold Card
Citi CitiBusiness AAdvantage Platinum Select Mastercard
American Express Marriott Bonvoy Brilliant Card
Discover it Student Cash Back Credit Card
Capital One Journey Student Rewards
Capital One Platinum Credit Card
Citi Costco Anywhere Visa Business Card
Discover it Chrome Credit Card
Merrick Bank Double Your Line Secured Visa
Capital One SavorOne Rewards
Merrick Bank Secured Visa
Deserve EDU Mastercard for Students
Southwest Rapid Rewards Priority Credit Card
Assent Platinum 0% Intro Rate Mastercard Secured Credit Card
Capital One SavorOne Rewards for Students
Chase Freedom Student
Capital One Venture
Capital One VentureOne Rewards
Citi Secured Mastercard
Chase Marriott Bonvoy Boundless
Chase IHG Rewards Club Traveler
Discover it Miles
United Quest Card
Capital One Venture X
American Express Blue Cash Everyday Card
American Express Blue Cash Preferred Card
Capital One Walmart Rewards Mastercard
American Express Blue Business® Cash Card
Destiny Unsecured Mastercard
American Express Business Platinum Card
American Express Gold Card
Capital One Spark Miles Select
U.S. Bank Altitude Go Visa Signature
American Express Cash Magnet Card
Chase Sapphire Preferred
Chase United Gateway
U.S. Bank Visa Platinum
Citi AAdvantage Platinum Select World Elite Mastercard
Wells Fargo Business Platinum Credit Card
Chase Iberia Visa Signature
American Express Delta SkyMiles Blue Card
Chase IHG Rewards Club Premier
Chase Aer Lingus Visa Signature
Simmons Rewards Visa Signature
American Express Delta SkyMiles Gold Business Card
Wells Fargo Active Cash Card
First Access VISA Solid Black Credit Card
USAA Rewards American Express Card
Milestone Unsecured Mastercard
USAA Preferred Cash Rewards Visa Signature Card
USAA Rewards Visa Signature Card
Wells Fargo Reflect Card
Citi Costco Anywhere Visa Card
Bank of America BankAmericard Secured Card
USAA Cashback Rewards Plus American Express Card
Citi Diamond Preferred Card
Bank of America Platinum Plus Mastercard Business Card
Bank of America Unlimited Cash Rewards Credit Card for Students
OpenSky Secured Visa Credit Card
Bank of America Customized Cash Rewards Secured Card
Amazon Business Card
Citi Simplicity Card
NHL Discover it Credit Card
Chase Freedom Flex
Bank of America Travel Rewards Card
Oakstone Gold Secured Mastercard
Learn more about credit cards in general
- Chase. "Chase Sapphire Preferred Credit Card." Accessed January 8, 2022.
- Chase. "Chase Freedom Flex." Accessed January 8, 2022.
- Chase. "Chase Freedom Flex with Ultimate Rewards Program Agreement." Accessed January 10, 2022.
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