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Chase Freedom Unlimited vs Chase Sapphire Preferred

Chase Sapphire Preferred edges Chase Freedom Unlimited on year-1 math ($945 more value at 1.8¢/pt).

Chase Ultimate

Chase Freedom Unlimited

$0 annual fee

Chase Ultimate

Chase Sapphire Preferred

$95 annual fee

Quick verdict

Chase Sapphire Preferred edges Chase Freedom Unlimited on year-1 math ($945 more value at 1.8¢/pt)

Chase Freedom Unlimited: $0 recurring credits + $360 welcome bonus − $0 AF = $360 net. Chase Sapphire Preferred: $50 recurring credits + $1,350 welcome bonus − $95 AF = $1,305 net. These are year-1 numbers (welcome bonus included) at a 1.8¢/pt rewards valuation. The /tools/annual-fee-breakeven calculator runs the year-2-onward math without the bonus.

Side-by-side specs

Chase Freedom UnlimitedChase Sapphire Preferred
Annual fee$0$95
Welcome bonus20,000 pts after $500 in 3mo75,000 pts after $5,000 in 3mo
Welcome bonus value @ 1.8¢$360$1,350
Free-night cert
Recurring credits / year$0$50
Year-1 net @ 1.8¢$360$1,305

Year-1 net assumes the welcome bonus values at 1.8¢/pt. For year-2-onward math, use the Annual Fee Break-even Calculator.

Chase Freedom Unlimited

0 recurring credits

No recurring credits listed in our catalog for this card.

Chase Sapphire Preferred

2 recurring credits

  • Hotel Credit$50 · Annual
  • Anniversary Points (10% boost on prev-year spend)$0 · Annual

Pick Chase Freedom Unlimited if

the AF is meaningfully lower ($0 vs $95).

Pick Chase Sapphire Preferred if

the welcome bonus pays more at 1.8¢/pt ($1,350 vs $360).

Impact-Site-Verification: eb144986-994e-4f9d-9ee6-d74c9854f732