Chase Sapphire Preferred Card Refresh Takes Effect June 15, 2026

Chase updates its Sapphire Preferred® card on June 15, 2026, keeping the $95 fee. New perks include 3 × points on gas, EV charging and vacation-rental bookings; a $100 hotel credit via Chase Travel (up from $50); a $120 Global Entry/TSA PreCheck/NEXUS credit every four years; a one-year Apple TV+ subscription; and emergency evacuation coverage. At the same time, the 10 % anniversary points bonus ends for new applicants and the Hyatt transfer ratio drops from 1 : 1 to 4 : 3.

Chase is boosting its popular Sapphire Preferred card with new earning categories and higher credits—but some benefits are being cutChase Sapphire Preferred card now offers $100 annual hotel credit, TSA PreCheck reimbursement, and new earning categories on gas and vacation rentals, effective June 15.Chase Sapphire Preferred Card Changes: The Good and the BadUsNews and World ReportCNBC

Chase announced the refresh on June 10, 2026; benefits start June 15, 2026. New applicants receive the 4 : 3 Hyatt transfer ratio and lose the 10 % anniversary bonus immediately. Existing members keep the 1 : 1 ratio and bonus until Oct 1, 2026, with final bonus points posted by Jan 31, 2027.

Chase Sapphire Preferred card now offers $100 annual hotel credit, TSA PreCheck reimbursement, and new earning categories on gas and vacation rentals, effective June 15.

New perks: 3 × points on gas, EV charging and vacation rentals; $100 hotel credit via Chase Travel; $120 Global Entry/TSA PreCheck/NEXUS credit; one-year Apple TV+ subscription; emergency evacuation coverage; Hyatt transfer ratio now 4 : 3; 10 % anniversary bonus eliminated.

Chase is boosting its popular Sapphire Preferred card with new earning categories and higher credits—but some benefits are being cutChase Sapphire Preferred card now offers $100 annual hotel credit, TSA PreCheck reimbursement, and new earning categories on gas and vacation rentals, effective June 15.UsNews and World ReportChase Sapphire Preferred Card Changes: The Good and the BadThe Chase Sapphire Preferred Got Better — Except for This

Chase’s press release calls the changes “new and improved benefits while keeping the $95 fee unchanged.” It says $220 in credits can offset the fee and confirms the 4 : 3 Hyatt ratio applies to new applicants on June 15, to existing members on Oct 1, and that the anniversary bonus ends for future applicants.

The Chase Sapphire Preferred Got Better — Except for This

Analysts call the Hyatt devaluation “a real devaluation,” noting it harms users who depend on hotel transfers. The loss of the anniversary bonus and reduced transfer rate are cited as drawbacks for points-maximizers, and critics say the new perks mainly benefit everyday travelers.

Chase Sapphire Preferred Card Changes: The Good and the Bad

• “The Chase Sapphire Preferred® Card just got an update, adding multiple valuable perks.” — NerdWallet editorial

The Chase Sapphire Preferred Got Better — Except for This

• “The Bad Stuff The Hyatt transfer ratio dropping from 1:1 to 4:3 is a real devaluation and deserves to be called out.” — Upgraded Points analysis

Chase Sapphire Preferred Card Changes: The Good and the Bad

• “The new benefits are an upgrade, and it's easy to recoup the annual fee from the perks alone.” — NerdWallet commentary

The Chase Sapphire Preferred Got Better — Except for This

• “In my opinion, the Sapphire Preferred still makes sense for the vast majority of travelers.” — CNBC author

CNBC

The new credits and 3 × earning categories boost value for typical fuel, EV and vacation-rental spend, often covering the $95 fee. The Hyatt devaluation lowers appeal for users reliant on high-value hotel redemptions, driving them to the Sapphire Reserve or alternatives like Bilt.

CNBC

Sources differ on the exact limits of the new emergency evacuation coverage—some cite $100,000, others give no figure. The offset of the Apple TV+ subscription and Global Entry credit is described qualitatively, leaving the precise value relative to the annual fee unclear.

UsNews and World Report