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Sapphire Preferred vs. Venture Rewards: Same Fee, Different Earn Mix

Card data current as of July 2026.

Both cards carry the same $95 annual fee, so the decision comes down purely to where you spend. Sapphire Preferred wins broadly for our persona — dining, gas, streaming, and groceries above roughly $1,333/yr — while Venture Rewards' flat 2x wins on transit and uncategorized spend. Overall, Sapphire Preferred nets about $100/yr more for a typical household.

On our representative persona:Sapphire Preferred+$100/yr, before credits

Who wins for your spending?

Defaults to a representative household budget — edit any field to match your own; the numbers below update live.

$/yr
$/yr
$/yr
$/yr
$/yr
$/yr
$/yr

What are your points worth?

We default to a conservative value per point. Redeem for premium travel and points can be worth more; cash out and they're worth about 1¢ — set your own.

¢/pt
¢/pt

Credits you'll actually use

Each credit starts at a conservative estimate — set the dollar amount you'll really redeem on each card (most people don't use every credit). This is where the call gets personal.

Sapphire Preferred

$148 counted
  • DashPass
    $
    of $120
  • DoorDash Promo
    $
    of $120
  • Global Entry or TSA PreCheck Credit
    $
    of $120
  • Hotel Credit
    $
    of $100

Venture Rewards

No statement credits.

Sapphire Preferred

Ahead

$95/yr fee

$1,042/yr net

$1,190/yr after your credits

Venture Rewards

$95/yr fee

$942/yr net

$942/yr after your credits

Sapphire Preferred nets +$100/yr more on these numbers, before credits.

After your credits, Sapphire Preferred nets +$248/yr more.

Your personal crossover

  • Venture Rewards wins while your groceries spend stays under ~$1,333/yr; above that, Sapphire Preferred takes over — holding your other numbers fixed at what's entered above.
  • Sapphire Preferred wins while your transit spend stays under ~$9,192/yr; above that, Venture Rewards takes over — holding your other numbers fixed at what's entered above.
  • Sapphire Preferred wins while your everything else spend stays under ~$19,692/yr; above that, Venture Rewards takes over — holding your other numbers fixed at what's entered above.

Category by category, on our representative persona

CategorySapphire PreferredVenture RewardsWinner
Groceries$336/yr$216/yrSapphire Preferred
Dining$252/yr$162/yrSapphire Preferred
Travel$196/yr$189/yrSapphire Preferred
Gas$126/yr$81/yrSapphire Preferred
Streaming$38/yr$24/yrSapphire Preferred
Transit$21/yr$41/yrVenture Rewards
Everything Else$168/yr$324/yrVenture Rewards
Total (before fee)$1,137/yr$1,037/yr

Fee & credits

Sapphire Preferred

Annual fee−$95
Credits you'll use (your estimate)+$148

Venture Rewards

Annual fee−$95
Credits you'll use (your estimate)None

The category table above is earn-only. The calculator's “after your credits” verdict folds in the credit amounts you set — seeded to a conservative estimate, never full face, since most people don't use every credit. For a full per-credit breakdown of Sapphire Preferred, see the worth-it calculator.

How we calculate this: each category is valued at its best-case bonus rate using conservative, program-specific point values (spend above a bonus cap is not counted; rotating quarterly bonuses and issuer status tiers are excluded). This page scopes two cards and one spend vector — it doesn't allocate spend across your whole wallet. These are estimates, not offers — always confirm current terms with the issuer. Read our full methodology ›

Frequently asked questions

Since the fees match, which earns more?
For a typical household, Sapphire Preferred — its category bonuses on dining, gas, and streaming outearn Venture Rewards’ flat 2x in most real budgets, netting about $100/yr more in our model.
When would Venture Rewards win instead?
If your spending skews heavily toward transit or uncategorized purchases — where Venture's flat 2x beats Sapphire Preferred's 1% base rate — or if your grocery spend is under roughly $1,333/yr.
Do the two cards earn the same currency?
No — Sapphire Preferred earns Chase Ultimate Rewards points, Venture Rewards earns Capital One miles. Both are transferable to airline/hotel partners, but the transfer partners and typical redemption value differ; we value both conservatively and consistently in this comparison.

See the full ranking for these categories

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