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Chase Revamps Sapphire Preferred: 3× Gas Points, $100 Hotel Credit

6/11/2026

Summary

Chase Updates Card

Chase will update the Sapphire Preferred® Card on June 15, 2026, adding 3× points on gas and EV charging purchases, raising hotel credit to $100 and adding a $120 Global Entry/TSA PreCheck/NEXUS credit.
Members who activate by Dec. 31, 2026 receive a one-year Apple TV+ subscription and emergency evacuation and transportation coverage.
The 10 % anniversary bonus ends, prompting the Hyatt transfer ratio to shift to 4 : 3 and existing members to retain a 1 : 1 ratio until Oct. 1, 2026.

Summary

Bilt Cash Updates

Bilt Cash balances over $100 expire each year and cost the greater of 5 % or $5 for transfers.
New approved applicants receive a $200 Bilt Cash welcome bonus.
The $100 travel hotel credit is issued as two $50 statement credits twice a year for qualifying portal bookings.
Spending $200 in Bilt Cash activates a 1X Point Accelerator for points on up to $5,000 of purchases, with up to five activations.

History

Historical Context

In September 2009, Chase introduced a new premium credit card, the Palladium Card, aimed at clients with at least $10 million in assets. Later that year the bank launched the consumer-oriented Sapphire Preferred with a 2-x points model, prompting competing products from American Express and Marriott and leading to 2026 upgrades like gas-spending multipliers and travel credits.

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Chase Updates Card

Chase will update the Sapphire Preferred® Card on June 15, 2026, adding 3× points on gas and EV charging purchases, raising hotel credit to $100 and adding a $120 Global Entry/TSA PreCheck/NEXUS credit.
Members who activate by Dec. 31, 2026 receive a one-year Apple TV+ subscription and emergency evacuation and transportation coverage.
The 10 % anniversary bonus ends, prompting the Hyatt transfer ratio to shift to 4 : 3 and existing members to retain a 1 : 1 ratio until Oct. 1, 2026.

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