Chase Sapphire Preferred vs Discover it Cash Back

An honest side-by-side comparison of two of our top credit cards picks — pricing, strengths, weaknesses, and who each one is really for.

Chase Sapphire Preferred

Chase Sapphire Preferred

Ranked #1 of 15 in this directory

The gold standard travel rewards card with flexible point redemptions

Paid
Discover it Cash Back

Discover it Cash Back

Ranked #5 of 15 in this directory

Rotating 5% cash back categories with first-year cash back match

Free

Our pick: Chase Sapphire Preferred. Our editors rank Chase Sapphire Preferred higher overall in Credit Cards — but Discover it Cash Back can be the better fit depending on your budget and use case below. How we review

Compare the details

Chase Sapphire PreferredDiscover it Cash Back
Pricing modelPaidFree
Starting priceSee websiteFree
CategoryTravel RewardsCashback
Editorial rank#1 of 15#5 of 15

Strengths

Chase Sapphire Preferred

  • Excellent sign-up bonus worth $750+ in travel through Chase
  • 1:1 point transfers to 14 airline and hotel loyalty programs
  • 25% bonus value when redeeming points through Chase Travel portal
  • Primary car rental insurance saves money on rental car coverage
  • Reasonable $95 annual fee for the rewards delivered

Discover it Cash Back

  • First-year Cashback Match effectively doubles all rewards earned
  • 5% back on rotating categories up to $1,500 per quarter
  • No annual fee ever with solid ongoing rewards
  • Free FICO score and Social Security number monitoring
  • US-based customer service with high satisfaction ratings

Watch out for

Chase Sapphire Preferred

  • !3% foreign transaction fee is absent but annual fee still applies abroad
  • !No airport lounge access included unlike premium tier cards
  • !5x earning rate limited to travel booked through Chase portal only
  • !Lower earning rates than category-specific cards in some spending areas

Discover it Cash Back

  • !Must activate quarterly rotating categories to earn 5%
  • !5% bonus capped at $1,500 in spending per quarter
  • !International acceptance is limited compared to Visa or Mastercard
  • !1% base rate on non-category spending is below the best flat-rate cards

Best use cases

Chase Sapphire Preferred

  • Frequent traveler wanting flexible points with multiple transfer partners
  • Dining enthusiast who eats out regularly and wants 3x earning
  • Travel hacker seeking a strong entry point into the Chase ecosystem

Discover it Cash Back

  • New credit card user wanting a generous first-year bonus through Cashback Match
  • Strategic spender willing to optimize around rotating 5% categories
  • Student or young adult building credit with a forgiving no-fee card

About each tool

Chase Sapphire Preferred

The Chase Sapphire Preferred is widely considered the best all-around travel rewards credit card for its combination of a generous sign-up bonus, flexible Ultimate Rewards points, and a reasonable annual fee. Points transfer 1:1 to 14 airline and hotel loyalty programs, or can be redeemed for 25% more value when booked through Chase Travel. The card earns 5x on travel through Chase, 3x on dining and streaming, 2x on other travel, and 1x on everything else. With a $95 annual fee, it delivers premium travel rewards without the premium price tag.

Discover it Cash Back

The Discover it Cash Back card stands out with its first-year Cashback Match that automatically doubles all cash back earned in the first 12 months. The card earns 5% on rotating quarterly categories (up to $1,500 per quarter) and 1% on everything else. With no annual fee and acceptance at over 99% of US merchants, the Discover it is an excellent first credit card or complement to a rewards strategy that maximizes quarterly bonus categories.

Still deciding? Browse all 15 options with honest pros, cons, and pricing.

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