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All comparisons
Head-to-head, 2026

Bank of America Premium Rewards Elite Chase Sapphire Preferred

Annual fee, welcome offer, top earning categories, and key benefits — compared side-by-side using Perqt's catalog data.

Lower annual fee: Chase Sapphire PreferredBigger welcome offer: Chase Sapphire Preferred

Bank of America

Premium Rewards Elite

Annual fee
$550
Network
visa
Welcome value
$750
Min spend
$5,000 / 3mo

Top earning rates

  • 2×Travel · Bank of America Premium Rewards
  • 2×Dining · Bank of America Premium Rewards
  • 1.5×All Other Purchases · Bank of America Premium Rewards

Key benefits

  • No foreign transaction fees · $0
  • 20% airfare savings on points redemptions · $0
  • Up to four Priority Pass Select memberships · $0
  • Rental-car status upgrades and discounts · $0
  • 24/7 full-service concierge · $0
Full Bank of America Premium Rewards Elite review

Chase

Sapphire Preferred

Annual fee
$95
Network
visa
Welcome value
$937.5
Min spend
$5,000 / 3mo

Top earning rates

  • 5×Travel · Chase Ultimate Rewards
  • 5×Rideshare · Chase Ultimate Rewards
  • 3×Online grocery stores · Chase Ultimate Rewards
  • 3×Dining · Chase Ultimate Rewards

Key benefits

  • Complimentary Apple TV · $156
  • Complimentary DashPass Membership · $120
  • Global Entry, TSA PreCheck, or NEXUS Credit · $120
  • $100 Chase Travel Hotel Credit · $100
  • Monthly DoorDash Non-Restaurant Promo · $10
Full Chase Sapphire Preferred review

Wondering which one is right for your wallet?

Spec sheets can't tell you which card actually earns more for the way you spend. Perqt connects to your wallet, runs the math against your real transactions, and tells you which of these two — or another card entirely — gives you the biggest annual uplift.

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