Chase Sapphire Preferred vs. Southwest Rapid Rewards Plus
A side-by-side look at Chase Sapphire Preferred and Southwest Rapid Rewards Plus - annual fees, where each card earns the most, and signup bonus value, pulled straight from our card database.
Chase Sapphire Preferred
Annual fee$95/year
Signup bonus75,000 points
Travel via portal5x
Dining3x
Streaming3x
Online groceries3x
Points worth 25% more via Chase travel portal; transferable 1:1 to most airline/hotel partners, but World of Hyatt transfers were devalued to 4:3 in 2026.
Full Chase Sapphire Preferred details →
Southwest Rapid Rewards Plus
Annual fee$99/year
Signup bonus50,000 points
Southwest purchases2x
Gas2x
Groceries2x
Co-branded airline card; only worth it for frequent Southwest flyers. Fee rose from $69 to $99 in 2026, alongside a new 2x gas/groceries category - the $5,000 cap on that new...
Full Southwest Rapid Rewards Plus details →
At a glance
- Chase Sapphire Preferred has the lower annual fee ($95/year vs. $99/year).
- Chase Sapphire Preferred earns the most on Travel via portal (5x).
- Southwest Rapid Rewards Plus earns the most on Southwest purchases (2x).
- Chase Sapphire Preferred has the higher estimated signup bonus value after the annual fee.
Figures above are pulled directly from each card's own page - see the full Chase Sapphire Preferred or Southwest Rapid Rewards Plus pages for category caps, issuer rules, and redemption notes before deciding.