Details
Written by: RJ
Chase has updated the Sapphire Preferred with new benefits going live 6.15.26 for new and existing cardholders.
- Annual fee: $95
- Multipliers
- NEW: 3x points on gas and EV charging
- NEW: 3x points on vacation homes at top brands including Airbnb, Vrbo and more
- 5x points on all Chase Travel purchases, including flights, hotels, rental cars, cruises, activities and tours
- 2x points on all other travel worldwide
- 3x points on dining worldwide, including takeout and eligible delivery services
- 3x points on top streaming services
- 3x points on online grocery purchases
- 5x points on Lyft rides through September 30, 2027
- 5x total points on eligible Peloton equipment and accessory purchases over $150 through December 31, 2027
- 1x points on all other purchases
- Benefits & Credits
- UPDATED: $100 Chase Travel Hotel Credit every account anniversary, now doubled from $50
- UPDATED: The most comprehensive suite of built-in travel protections in its class, now including Emergency Evacuation and Transportation coverage
- NEW: $120 Global Entry, TSA PreCheck, or NEXUS credit every four years
- NEW: Complimentary Apple TV subscription for one year when activated by December 31, 2026. Terms apply.
- Points Boost: Cardmembers can get more value when redeeming Ultimate Rewards® points on thousands of top-booked hotels and on flights with select airlines through Chase Travel
- Complimentary DashPass membership (a $120/ year value), plus up to $10 off a month on groceries, daily essentials, and more on DoorDash. Terms apply.
10% point boost – The 10% Anniversary Bonus Benefit is being discontinued, effective immediately for cardmembers who apply on or after June 15, 2026. For cardmembers who applied prior to June 15, 2026, eligible purchases made through October 1, 2026, will continue to earn the 10% bonus, which will be awarded by January 31, 2027.
Hyatt transfer ratios – Sapphire Preferred and Ink Business Preferred cardmembers’ Ultimate Rewards points will transfer to World of Hyatt at a rate of 4:3. For Sapphire Preferred cardmembers, this is effective immediately for new cardmembers who apply on or after June 15, 2026, and effective October 1, 2026, for cardmembers who applied prior to June 15, 2026. For Ink Business Preferred cardmembers, this is effective October 1, 2026, for existing cardmembers and for new cardmembers who apply on or after October 1, 2026.
Thoughts
I’m shocked the annual fee didn’t increase. The Hyatt devaluation on the other hand is really going to upset many Chase faithful who only stick around for this partnership.
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Editorial Note:
Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.