Three points per dollar (up from two) on dining.Five points per dollar on travel booked through Chase Ultimate Rewards.On August 16, Chase Sapphire Preferred cardholders will start earning: Those benefits are about to get even better. Whether you’re still considering signing up for a new card and need a little extra convincing, or are just curious to see how your existing membership will change, these new benefits should add quite a bit of value-even if you’re still not traveling as much as you used to prepandemic.įor $95 a year, the Chase Sapphire Preferred card was already a great deal for travelers who could earn two points per dollar on travel expenses-like flights, hotels, trains, tolls, and more-plus a variety of other perks. Starting August 16, Chase is introducing a slew of new benefits for its Preferred and Reserve cards-without raising the annual fee on either credit card-making them even more attractive. Chase Sapphire cardholders have also enjoyed a variety of value-added perks like exceptional travel and purchase protections, as well as discounts on services like Lyft, DoorDash, and Peloton. The Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® are already two of the best travel cards available thanks to the valuable Chase Ultimate Rewards points they earn, which can be redeemed directly through Chase or transferred to numerous airline and hotel loyalty program partners.

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