Chase Sapphire Preferred Refresh Coming Soon
Today, Chase announced new earn categories, travel credits and protections coming to the Sapphire Preferred card on June 15, 2026, with no change to the $95 annual fee. But one of the main changes on the card is negative, as the transfer ratio to World of Hyatt is dropping from 1:1 to 4:3.
Going back to the enhancements, new and existing cardmembers will have access to these new benefits on June 15, 2026. The Sapphire Preferred card’s accelerated earning power will be strengthened by the addition of 3x points on gas and EV charging, plus 3x points on vacation homes at top brands like Airbnb, Vrbo and more.
Cardmembers will also receive a $100 Chase Travel Hotel Credit each account anniversary, doubled from $50. To help ease travel, cardmembers can receive a credit up to $120 toward Global Entry, TSA PreCheck or NEXUS every four years, and with the addition of Emergency Evacuation and Transportation coverage, the card will now have the most comprehensive suite of travel protections in its class. Additionally, cardmembers will receive a complimentary Apple TV subscription for one year when activated by December 31, 2026.
List of Benefits
Earning points:
- 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
More credits, protections and perks:
- 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.
Negative Changes
- 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. Read more here.
- 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. Read more here.
Guru’s Wrap-up
Most of the changes here are positive. You’re getting 3x points on gas and EV charging, as well as vacation homes. The Chase Travel Hotel Credit has been doubled to $100 and there’s also the new $120 credit for Global Entry, TSA PreCheck, or NEXUS credit every four years. But the big negative is that the card is losing 1:1 Hyatt transfers.
Hopefully we see a big bonus on June 15!
