The Sapphire Preferred carries a $95 annual fee — making the new $100 hotel credit alone nearly enough to offset the card's annual cost. Chase is making the following additions and changes to its Sapphire Preferred Card:
3 times the points on gas and EV charging, vacation stays on Airbnb, Vrbo, Plum Guide, HomeAway, Homestay.com, & Vacasa$100 annual hotel credit on prepaid hotels booked through Chase Travel (doubled from $50)$120 Global Entry, TSA PreCheck, or NEXUS credit every four yearsComplimentary year of Apple TV (must activate by Dec. 31, 2026)Emergency Evacuation and Transportation coverage (up to $100,000, plus $15,000 for repatriation of remains)Laura Picciano, General Manager of Chase Sapphire, says, “Sapphire Preferred has always been a favorite for travelers, and now we’ve made it even better, especially for those who want to earn valuable points quickly and prioritize simplicity and reliability.”
What Card Holders May Resent
Chase is also eliminating its 10 percent anniversary bonus. This was an annual perk for cardholders, offering a 10 percent bonus on their total annual purchases.
The Popularity of Travel Credit Cards
The changes from Chase come as more people are using their travel reward cards. According to Barclays U.S. Consumer Bank’s Travel Rewards and Loyalty Report, Americans with a rewards credit card are using their rewards to make trips feel more attainable. They’re also using their rewards to make smarter travel choices. Over three-quarters said they would be more likely to choose upgrades if they could use points or miles instead of cash.
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