How much is the transfer fee for Sapphire Preferred?

How much is the Chase Sapphire Preferred balance transfer fee? The Chase Sapphire Preferred card's balance transfer fee is either $5 or 5% of the amount of each transfer, whichever is greater. You'll be charged this fee each time you do a balance transfer.



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While there is no official score required, it is generally known that the Chase Sapphire Preferred® Card requires a good credit score, which means 690 or higher. This is not a hard and fast rule, however, and those with credit scores lower than 690 could possibly get approved.

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You won't purchase travel or dining on the card: Although there are benefits you can get from the Chase Sapphire Preferred® Card that are unrelated to travel, such as 3 points per dollar spent on online grocery purchases and select streaming purchases, the card is generally most valuable to cardholders who take ...

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If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.

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