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Chase Just Made Major Changes to Its Most Popular Travel Credit Card—Here’s What Travelers Need to Know

Chase is adding stronger travel credits and protections while reducing Hyatt transfer value and ending the card’s 10% anniversary bonus.

  • On June 15, 2026, the Chase Sapphire Preferred will undergo a significant overhaul, introducing new travel benefits and categories while simultaneously devaluing point transfers to the World of Hyatt program.
  • While the card maintains its $95 annual fee, Chase is sunsetting the 10% anniversary points bonus and adjusting the World of Hyatt transfer ratio from 1:1 to 4:3.
  • Cardholders gain 3X points on gas, EV charging, and vacation rentals, alongside a doubled $100 annual Chase Travel Hotel Credit and a new $120 application fee credit for Global Entry or TSA PreCheck.
  • For frequent Hyatt users, the ratio change represents a significant devaluation, potentially prompting a switch to the Chase Sapphire Reserve, which retains the 1:1 transfer capability.
  • Despite the Hyatt devaluation, the Sapphire Preferred remains a competitive travel card, as expanded benefits and the stable $95 fee offer significant value for everyday spenders.
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Fast Company broke the news in New York, United States on Wednesday, June 10, 2026.
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