Chase Bank is offering $250 in gift card when you open a new Chase Sapphire Preferred Card. The card does carry an annual fee of $95 but is waived for the first year. Get 25,000 bonus points with your first purchase. Also, your points are worth 25% more when used to book airfare online.
With any credit card you apply, make sure to read the fine print and look over the rates and fees carefully.
RATE, FEE AND OTHER COST INFORMATION
| Annual Percentage Rate (APR) for purchases |
| 10.24% variable.a |
| Other APRs |
| Balance Transfer APR: 10.24% variable.
Cash Advance APR: 19.24% variable Default APR: Up to 29.99% variable. See explanation below.b Overdraft Advance APR: 19.24% variable (not available in some states) |
| Variable rate information |
| The following APRs may vary monthly based on the Prime Rate:c
Purchase and Balance Transfer APR: The Prime Rate plus 6.99%. Cash Advance APR: The Prime Rate plus 15.99%. Default APR: The Prime Rate plus up to 26.99%, but not more than 29.99%. Overdraft Advance APR: The Prime Rate plus 15.99%. |
| Grace period for repayment of purchase balances |
| At least 20 days. |
| Method of computing the balance for purchases |
| Average daily balance method (including new purchases). |
| Annual fee |
| None first year. After that, $95.00. |
| Minimum finance charge |
| $1.00 |
| Transaction fee for balance transfers |
| 3% of the amount of each transaction, but not less than $5.00. |
| Transaction fees for cash advances |
| 3% of the amount of the transaction, but not less than $10.00. |
| Late Payment fee |
| $15.00 on balances up to, but not including, $100.00; $29.00 on balances of $100.00 up to, but not including, $250.00; and $39.00 on balances of $250.00 and over. |
| Over-the-Credit-Limit fee |
| None |
| International Transaction fee |
| 3% of the U.S. dollar amount of the transaction, whether originally made in U.S. dollars or converted from a foreign currency. |