The Chase Sapphire Preferred has received a massive refresh, keeping its $95 annual fee while introducing valuable new credits (like $100 hotel credit and $120 TSA PreCheck/Global Entry) and 3x bonus categories for gas and vacation rentals. However, it also drops the 10% anniversary point bonus and devalues World of Hyatt transfers.
Core Card Overview.
- Annual Fee: $95.
- Current Welcome Offer: Earn 75,000 bonus points after spending $5,000 in the first 3 months.
New Earning Categories.
Starting June 15, you can earn 3x points on a wider variety of travel and everyday spending:
- Gas & EV Charging: 3x points at gas stations and on EV charging.
- Vacation Rentals: 3x points on platforms like Airbnb, Vrbo, Plum Guide, and Vacasa.
New & Enhanced Credits.
- $100 Annual Hotel Credit: Doubled from the previous $50 credit. Enjoy this statement credit when booking hotels through the Chase Travel portal.
- $120 TSA PreCheck, Global Entry, or Nexus Credit: Receive a statement credit to cover these trusted traveler programs once every four years.
- Complimentary Apple TV: Get a 1-year subscription if activated by December 31, 2026.
- What Was Removed?World of Hyatt Transfer Devaluation: Ultimate Rewards transfers to World of Hyatt will change from 1:1 to a 4:3 ratio. For new cardholders, this takes effect June 15. For existing cardholders, it kicks in October 1. (Note: The Chase Sapphire Reserve is exempt from this devaluation).
- 10% Anniversary Points Bonus: This perk is being sunsetted, though qualifying purchases through October 1, 2026, will still count toward your final bonus payout in January 2027.
If you want to maximize your travel rewards, I can help you:
- Estimate how much annual value you’d get from these new credits based on your normal spending
- Compare this card to the Chase Sapphire Reserve to see which fits your travel style better
