Apple Card vs Chase Sapphire Preferred®
Side-by-side comparison
| Apple Card | Chase Sapphire Preferred® | |
|---|---|---|
| Annual fee | No annual fee | $95 |
| Welcome offer | No current offer | |
| Dining | 2x | 3x |
| Groceries | 2x | 3x |
| Gas | 2x | 3x |
| Travel | 2x | 2x |
| Streaming | 2x | 3x |
| Everything else | 2x | 1x |
| Est. yearly rewards* | $583 | $545 |
| Points type | Cash back only | Transfers to airlines & hotels |
| Network | Mastercard | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of household spending, the Apple Card earns about $583 a year in rewards and the Chase Sapphire Preferred® about $545, valuing every point at a flat 1 cent. The Apple Card has no annual fee, so its rewards are all profit. The Chase Sapphire Preferred® charges $95, but carries about $230 in annual statement credits that offset it for anyone who uses them. The two are close on value, but the Apple Card edges ahead by about $18 a year, mostly because it earns more where you spend most, on everything else. The bigger difference is the ceiling: the Chase Sapphire Preferred® earns points you can move to travel partners for outsized value, while the Apple Card pays plain cash back. Favor the Chase Sapphire Preferred® if you will use travel transfers, the Apple Card if you want simplicity. On the sign-up bonus, the Chase Sapphire Preferred® currently has the larger welcome offer (a limited-time offer above its usual amount, so treat it as a one-time boost). A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Apple Card if your spending leans toward everything else. Pick the Chase Sapphire Preferred® if your spending leans toward dining, groceries, gas.