Monthly spending. We rank on rewards minus the full annual fee, so statement credits and perks are listed separately and never counted for you.
Choosing between the Chase Sapphire Preferred® Credit Card ($95/yr) and the OnePay CashRewards Card (no annual fee) comes down to where you spend most. Both cards can deliver real value. Let’s break it down, then run your numbers to find the winner.
Strongest in dining at 3%. 5x points on travel through Chase Travel, 3x on dining and online groceries, 2x on other travel.
Perfect if: You want a strong rewards rate with no spending caps to worry about.
Apply Now3% back at Walmart in store and online, 5% with Walmart+, and 1.5% on everything else. Earns a solid 1.5% on everything else.
Perfect if: You want solid rewards without paying an annual fee.
Apply Now| Feature | Chase Sapphire Preferred Card | OnePay CashRewards Card |
|---|---|---|
| Annual Fee | $95 | $0 |
| Sign-Up Bonus | 100,000 points after $5,000 spend in 3 months | $35 after $0 spend in 1 months |
| Foreign Transaction Fee | 0% | 0% |
| Base Reward Rate | 1.0% | 1.5% |
| Travel Rewards | 2% | 1.5% |
| Dining Rewards | 3% | 1.5% |
| Groceries Rewards | 3% | 1.5% |
| Rates with conditions not counted in the rows above |
5% through Chase Travel Earns 5% only on travel booked through Chase Travel, Chase's own booking site. Booking direct with an airline or hotel earns 2%. |
5% at Walmart with Walmart+ Earns 5% at Walmart only with a paid Walmart+ membership. Without it the rate is 3%, which is what the ranking uses. |
| Key Benefits | 5x points on travel through Chase Travel, 3x on dining and online groceries, 2x on other travel. | 3% back at Walmart in store and online, 5% with Walmart+, and 1.5% on everything else. |
Chase Sapphire Preferred Card pulls ahead for travel, dining, groceries spending.
OnePay CashRewards Card wins on gas.
The $95/year fee difference means Chase Sapphire Preferred Card needs to earn about that much more in rewards to justify its cost.
Chase Sapphire Preferred Card carries $100/year in credits (mostly tied to specific merchants or bookings). Those only count if you’d actually use them. Worth checking against your own habits before treating them as a discount on the fee.
Not sure which fits your life? Enter your spending below and we’ll do the math. The calculator ranks purely on rewards minus the full annual fee, so credits and perks are yours to judge.