June 15, 2026

Chase Sapphire Preferred Card Gets a 100K Offer and a Major Refresh

23 minutes

The Chase Sapphire Preferred Card just got its biggest refresh in years, along with a 100,000-point welcome offer! That's a lot to unpack.

Before the main segment, Chris covers a major Choice Privileges devaluation that hit Japan hard, with some properties jumping by as much as 200% in points cost overnight. Katie shares a W Seattle stay booked through Chase The Edit, what worked, what didn't, and whether it's worth rebooking this year.

Then it's the main event. The Chase Sapphire Preferred Card has a new limited-time offer, new earning categories including 3x on gas, EV charging, and vacation rentals at Airbnb and Vrbo, a doubled hotel credit, Global Entry coverage, and more. Most of it is genuinely great news.

But there's one change buried in the refresh that has Chris and Katie fired up. The transfer rate to World of Hyatt is dropping from 1:1 to 4:3, a 25% devaluation that changes the math for a lot of cardholders. 😟

(00:00) - The Upgraded Points Podcast Episode 62

(01:09) - Choice Devaluation

(02:13) - Seattle Hotels

(08:35) - Chase Sapphire Preferred 100k Welcome Offer

(09:14) - Chase Sapphire Preferred New Benefits

(11:10) - Chase Sapphire Preferred Existing Benefits

(13:27) - Chase Sapphire Preferred Removing Benefits

(15:55) - Is the Chase Sapphire Preferred worth it?

Chase Sapphire Preferred’s All-Time Best 100K Welcome Offer Is Back Again
https://upgradedpoints.com/news/chase-sapphire-preferred-100k-bonus-2026/

Chase Sapphire Preferred 2026 Changes:
https://upgradedpoints.com/news/chase-sapphire-preferred-changes-2026/

Chase Devalues World of Hyatt Transfer Ratio for Sapphire Preferred and Ink Business Preferred Cardholders:
https://upgradedpoints.com/news/chase-devalues-hyatt-transfer-ratio-some-cardholders/

Choice Privileges Devaluation:
https://upgradedpoints.com/news/choice-privileges-devaluation-japan/

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