Banking services: Chase Sapphire Preferred Card vs. Apple Card Savings Account (Goldman Sachs)
Quick Verdict
Chase Sapphire Preferred is better for travel benefits and sign-up bonus, while Apple Card Savings Account is better for no annual fee and Daily Cash rewards.
- Chase Sapphire Preferred offers travel insurance and a sign-up bonus, while Apple Card Savings Account does not.
- Apple Card Savings Account has no annual fee, while Chase Sapphire Preferred has a $95 annual fee.
- Both cards offer no foreign transaction fees.
Key features – Side-by-Side
| Attribute | Chase Sapphire Preferred Card | Apple Card Savings Account (Goldman Sachs) |
|---|---|---|
| Annual Fee | $95 | None |
| Sign-up Bonus | 75,000 bonus points after spending $5,000 on purchases in the first 3 months | None |
| Rewards Rate on Dining | 3 points per $1 | Not specified |
| Rewards Rate on Travel | 5 points per $1 spent on travel purchased through Chase Travel. 2 points per $1 spent on other travel purchases | 3% Daily Cash on eligible prepaid stays and car rentals booked through Booking.com with Apple Pay |
| Foreign Transaction Fees | None | None |
| Travel Insurance Benefits | Yes | Not available |
| Purchase Protection | Covers new purchases for 120 days against damage or theft | Not available |
| Savings Account APY | The Apple Card Savings account has an APY of 3.65% | 3.65% |
Overall Comparison
Annual Fee: Apple Card wins; Sign-up Bonus: Chase wins; Travel Insurance: Chase wins
Pros and Cons
Chase Sapphire Preferred Card
Pros:
- Outstanding travel insurance and protections for an affordable annual fee
- No foreign transaction fees
- Sign-up bonus worth at least $750 in Chase Travel value
Cons:
- APR for purchases and balance transfers is 19.99% - 28.24% variable
- Fees for balance transfers and cash advances
- Other high-yield savings accounts may offer higher APYs than the Apple Card Savings account
Apple Card Savings Account (Goldman Sachs)
Pros:
- No annual fee
- 3% Daily Cash on Apple purchases and select merchants when using Apple Card with Apple Pay
- 2% Daily Cash every time you pay with Apple Card using Apple Pay
- 1% Daily Cash on all other purchases where Apple Pay isn't accepted
- No foreign transaction fees
- Daily Cash can be used right away with Apple Pay
- Daily Cash can be sent to a friend with Apple Cash
- Daily Cash can be automatically deposited into a Savings account
- Daily Cash can be applied as a statement credit upon request
- Savings account is managed through the Apple Wallet app
Cons:
- No sign-up bonus
- No specific rewards rate for dining
- Travel rewards rate only applies when using Apple Card with Apple Pay through Booking.com
- Customer service satisfaction has slipped, according to a 2025 J.D. Power study
- Some other high-yield savings accounts offer higher APYs
User Experiences and Feedback
Chase Sapphire Preferred Card
What Users Love
- Points can be redeemed for cash back, travel through Chase Travel, or gift cards
- Points can be transferred to airline and hotel partners
- Offers various travel insurance benefits, including trip cancellation/interruption insurance, trip delay reimbursement, and lost luggage reimbursement
- New purchases are covered for 120 days against damage or theft
Common Complaints
- Value of points varies depending on the redemption method
- APR for cash advances is higher
- Interest charges depend on your creditworthiness and the Prime Rate
- Balance transfer fee is $5 or 5% of the amount of each transfer, whichever is greater
- Cash advance fee is typically $10 or 5% of the advance amount, whichever is greater
- Other cards may offer higher purchase protection coverage limits
Value Perception
- The sign-up bonus of 75,000 points is worth at least $750 in Chase Travel value. Some sources value the bonus at $1,538.
Apple Card Savings Account (Goldman Sachs)
What Users Love
- No highlights reported.
Common Complaints
- No major complaints reported.
Value Perception
- No value feedback reported.