WalletHub, Financial Company
@WalletHub
No, there isn’t any Chase Sapphire Preferred card authorized user fee. What's more is that you can add as many Chase Sapphire Preferred card authorized users as you want. You’ll only be responsible for the $95 annual fee that comes with the card – the same fee you’d pay if you had no authorized users.
Key Facts About Chase Sapphire Preferred Authorized Users
Other high-end rewards cards have authorized user annual fees, which makes the Chase Sapphire Preferred card a great option for those looking to add authorized users to their account. For the cards that do have an authorized user fee, it’s usually a lot lower than the main accountholder’s annual fee. Therefore, it helps offset the cost of the rewards an authorized user might earn. For example, the Chase Sapphire Reserve® card has a $795 annual fee for the main accountholder and a $75 annual fee for each authorized user.
One downside to adding an authorized user is that you’re responsible for their purchases. However, if they behave irresponsibly, you can dispute the charges with Chase. In addition, authorized users take up some of your credit line, so keep an eye on your credit utilization. Adding an authorized user to the Chase Sapphire Preferred card is a big plus, though.
Kay Trine, Member
@kay_trine
Nope, no fees whatsoever. You can add as many as you like.
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