Source: The Points Guy
Summary
Chase has announced changes to the Chase Sapphire Preferred Card, including a negative change to the Hyatt point transfer ratio, which will decrease from 1:1 to 4:3 for Sapphire Preferred cardmembers. However, the card is also getting new bonus categories, a higher hotel statement credit, and enhanced travel protections. The annual fee remains at $95.
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The destination is rediscovered.
The Chase Sapphire Preferred Card is getting a facelift, with new bonus categories and benefits. But, the Hyatt point transfer ratio is taking a hit. The card’s travel protections are getting a boost, and the hotel statement credit is increasing to $100. The annual fee remains at $95, making it a great option for casual travelers. The Sapphire Reserve is still the best option for those who frequently transfer points to Hyatt.
The escape is carefully planned, with new benefits and bonus categories, but the Hyatt transfer ratio change is a blow to some travelers.
Author: Evan Null
