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Jun 18, 2026 Major2
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Chase Sapphire Preferred Doubles Hotel Credit to $100, Maintains $95 Annual Fee
Chase has doubled the Sapphire Preferred Card's annual hotel credit to $100 while maintaining the $95 annual fee, along with new earning categories on gas, EV charging, and vacation homes, enhanced travel protections, and additional perks including Global Entry credits and Apple TV.
Quick Facts
Who
Chase
What
Doubled annual Chase Travel Hotel Credit from $50 to $100
When
June 15, 2026
Where
Wilmington, DE
- Doubled annual Chase Travel Hotel Credit from $50 to $100
- Added 3x points on gas and EV charging
- Added 3x points on vacation homes at Airbnb, Vrbo, and similar brands
- Enhanced travel protections with Emergency Evacuation and Transportation coverage
- Added $120 Global Entry, TSA PreCheck, or NEXUS credit every four years
Chase has significantly refreshed the Sapphire Preferred Card, doubling the annual Chase Travel Hotel Credit from $50 to $100 while keeping the $95 annual fee unchanged. The update, effective June 15, 2026, fundamentally improves the card's value proposition by allowing the hotel credit alone to nearly offset the entire annual fee, with just a $5 net cost before considering other benefits.
Beyond the doubled hotel credit, Chase expanded the card's earning categories and travel benefits. Cardholders now earn 3x points on gas and EV charging, as well as 3x points on vacation home rentals through platforms like Airbnb and Vrbo. The card continues to offer 5x points on all Chase Travel purchases, 3x points on dining worldwide, and other accelerated earning rates. Travel protections have been enhanced with the addition of Emergency Evacuation and Transportation coverage, positioning the card as offering the most comprehensive travel protection suite in its class.
Additional perks include a $120 credit toward Global Entry, TSA PreCheck, or NEXUS every four years, and a complimentary one-year Apple TV subscription for new cardholders who activate by December 31, 2026. The hotel credit requires no minimum stay, enrollment process, or annual tracking—cardholders simply book and prepay through Chase Travel to receive the credit, though they will not earn points on the portion covered by the statement credit.
Chase positioned the changes as making the card more accessible to a broader range of travelers. The company notes that the increased hotel credit can now meaningfully cover costs for single-night stays such as airport hotels or weekend getaways, transforming it from a modest discount into a substantial benefit. To celebrate the refresh, new cardmembers can earn 100,000 Chase Ultimate Rewards points after spending $5,000 in the first three months.
Topics
Why This Matters
For premium credit card users, this update significantly improves the Sapphire Preferred's value proposition—the doubled hotel credit alone nearly offsets the annual fee, reducing net cost to just $5. The expanded earning categories on gas and EV charging, combined with enhanced travel protections and the $120 Global Entry credit, make the card more competitive for frequent travelers and everyday spenders. New cardholders benefit from a 100,000-point sign-up bonus, making this an ideal time to evaluate whether the card fits your travel and spending patterns.
Timeline & Sources
Jun 15, 2026
WireChase officially announces updates to Sapphire Preferred Card; new benefits become available to cardmembers
Dec 31, 2026
WireDeadline for new cardholders to activate complimentary Apple TV subscription
Sep 30, 2027
WireEnd of 5x points on Lyft rides promotion