For those who look for exclusivity but prefer not to bank with Visa or Amex, Chase is offering their exclusive Chase Sapphire Preferred Card. The Preferred Card is aimed at households in the United States earning at least $120,000 per year. One of the greatest perks of the card is no preset spending limit, and a strong rewards program for members. Other notable differences from other black card offerings include: a small $95 per year fee; enhanced travel rewards redemption points; rental insurance; travel protection insurance; emergency travel assistance and extended warranty protection for up to one year.