Let's take a closer look at this new benefit and how you can use it to help offset part of your annual fee. But one brand new perk stands out among them all: The new Chase Sapphire Preferred Hotel Credit.Įvery year, Sapphire Preferred cardholders now get a $50 annual credit to use towards booking a hotel through the Chase Ultimate Rewards travel portal. Those are some decent improvements on top of already stellar benefits like the Sapphire Preferred's travel insurance – and all without raising the card's $95 annual fee, to boot. You now get 3x points per dollar on dining (was 2x), 3x points per dollar for online grocery purchases (was 1x), 3x points per dollar on select streaming services (was 1x), 5x points per dollar on travel purchased through the Chase travel portal (previously 1x), and still gets 2x points per dollar spent on all other travel purchases. But the Sapphire Preferred Card earns more points on everyday spending, too. Sure it all starts with a massive welcome bonus: 60,000 points after spending $4,000 within the first three months. But with a handful of significant tweaks and new perks in the last year, this card has quietly gotten even better. We've long considered the Chase Sapphire Preferred® Card the best travel credit card for beginners, bar none. For more information check out our Advertising Disclosure. The content on this page is accurate as of the posting date however, some of the offers mentioned may have expired.
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