Overview
- Chase rolled out the refreshed Sapphire Preferred on June 15 with a limited welcome offer of 100,000 Ultimate Rewards points after $5,000 in spend in the first three months.
- The card now earns 3x points per dollar on eligible vacation home rentals, including Airbnb and Vrbo, plus 3x at gas stations and on EV charging to boost everyday earning.
- Chase added or expanded recurring and one‑time credits that help justify the $95 fee, including a doubled $100 annual hotel credit for bookings through Chase Travel, a Global Entry/TSA PreCheck/NEXUS credit up to $120 every four years, a one‑year Apple TV trial when activated by Dec. 31, 2026, and DoorDash DashPass perks through Dec. 31, 2027.
- Chase lowered transfers from Ultimate Rewards to World of Hyatt to a 4:3 ratio for affected new accounts, a change that reduces Hyatt redemption value and may prompt Hyatt‑loyal consumers to reconsider transfer plans.
- Writers and analysts say the new package makes the $95 Sapphire Preferred a stronger fit for many travelers and a sensible alternative to the $795 Reserve for users who do not need premium lounge access, and they advise applicants to check eligibility rules, activation windows, and Chase Travel booking requirements before applying.