The Chase Sapphire Preferred card got its most significant refresh in years today, June 15, 2026. New earning categories, higher credits, and new travel protections are now active. Most of it requires nothing from you, but one benefit disappears if you do not act by December 31, 2026, and existing cardholders have a limited window on the Hyatt transfer ratio you should address before October 1.
Here is what to do right now.
The One Thing That Requires Action: Apple TV+
Your complimentary one-year Apple TV+ subscription is live but needs to be activated. The deadline is December 31, 2026.
To activate:
- Open the Chase app or go to chase.com
- Navigate to Benefits and Rewards
- Find Apple TV+ and tap “Activate Now”
- You will leave Chase and land on an Apple page. Tap “Connect Subscription”
- Sign in with your Apple ID if prompted
Your Apple TV+ subscription starts immediately and runs for 12 months at no charge. This applies even if you already subscribe: your existing subscription will be extended by one year.
If you skip this, the benefit expires permanently with no way to reclaim it.
Everything Else Is Automatic
The other new benefits activate on their own starting June 15. Here is what you now earn without any action:
| Category | Rate |
|---|---|
| Gas stations | 3x points (NEW) |
| EV charging stations | 3x points (NEW) |
| Vacation rentals (Airbnb, VRBO, Vacasa, and more) | 3x points (NEW) |
| Dining | 3x points (unchanged) |
| Online groceries | 3x points (unchanged) |
| Streaming services | 3x points (unchanged) |
| Travel (general) | 2x points (unchanged) |
| Everything else | 1x points |
Rates verified as of 2026-06-10. Vacation rentals include Airbnb, VRBO, Vacasa, Plum Guide, HomeAway, and Homestay.com when booked directly through those platforms. Bookings made through the Chase Travel portal earn 5x instead of 3x.
One note on VRBO: the platform sometimes miscodes transactions as real estate management rather than travel. If a VRBO charge posts at 1x instead of 3x, call the number on the back of your card and request a manual points adjustment. Airbnb consistently codes as travel and is less prone to this issue.
The Hotel Credit Doubled, But It Only Works Through Chase Travel
Your annual hotel credit increased from $50 to $100. It applies only to prepaid hotel bookings made through the Chase Travel portal, not direct bookings or third-party sites.
To use it, book a prepaid hotel through the Chase Travel portal at chase.com/travelcenter. The credit posts automatically as a statement credit, no activation needed.
The 5x earning on Chase Travel portal bookings also applies here, so a $200 prepaid hotel night earns 1,000 points plus counts toward your $100 annual credit.
Your TSA PreCheck and Global Entry Credit
New benefit: up to $120 every four years toward TSA PreCheck, Global Entry, or NEXUS enrollment. Simply charge the fee to your Chase Sapphire Preferred and the statement credit posts automatically.
TSA PreCheck costs $78 for five years. Global Entry costs $120 for five years and includes TSA PreCheck access. If you have not enrolled in either program, Global Entry is the better value since it covers international arrivals clearance and domestic PreCheck lanes with one application.
The credit resets every four years. If you used a similar credit on a different card in the last four years, you cannot use this one until your four-year window resets.
Emergency Evacuation Coverage Is Now Included
Also new: emergency evacuation and transportation coverage up to $100,000 if you are injured or ill more than 100 miles from home. This applies when you pay any portion of your trip with the card. No registration needed.
What to Do Before October 1: Protect Your Hyatt Points
If you are an existing CSP cardholder, you have a limited window on one of the most valuable UR transfer partners.
Chase is reducing the UR-to-Hyatt transfer ratio from 1:1 to 4:3 on October 1, 2026. That means:
- Today through September 30: Transfer 40,000 UR points and receive 40,000 Hyatt points
- October 1 onward: Transfer 40,000 UR points and receive only 30,000 Hyatt points (a 25% reduction)
If you have a specific Hyatt redemption planned, such as a Park Hyatt stay or any Category 4-7 property, transfer the points now at the 1:1 ratio while you can.
If you are holding UR points for flexibility without a specific Hyatt use in mind, weigh your options. The Chase Sapphire Reserve retains the 1:1 Hyatt transfer ratio permanently. For heavy Hyatt users, the upgrade math now leans more clearly toward the Reserve.
The 10% Anniversary Bonus Is Going Away
Cardholders who apply on or after June 15, 2026 will not receive the 10% anniversary points bonus, which previously returned 10% of the prior year’s earned points at each card anniversary.
If you already hold the card: You keep this benefit through October 1, 2026. After that date, it ends for existing cardholders as well.
This is the clear downside of the refresh. The new categories and credits add value for many cardholders, but losing the anniversary bonus reduces long-term annual earning for those who relied on it.
Who the Refresh Helps Most
The CSP refresh delivers the most value for cardholders who spend regularly on gas, book vacation rentals through Airbnb or VRBO, or have a Hyatt redemption coming up.
Running the numbers:
- Gas at $200/month: 3x earns 600 points per month vs. 200 points at the prior 1x rate. That is 400 additional points per month, or 4,800 per year. At 1.5 cents per point, that is roughly $72 more in value annually from gas alone.
- Airbnb user: A $500 Airbnb booking now earns 1,500 points instead of 1,000. At 1.5cpp, that is $7.50 more per booking.
- TSA PreCheck renewal due: The new $120 credit covers the full Global Entry fee, saving you $120 on a five-year enrollment.
- Hyatt redemption planned: Transferring 100,000 UR to Hyatt before October 1 at 1:1 instead of 4:3 saves you 25,000 Hyatt points (worth $375-500 in category redemptions).
Who the Refresh Does Not Help
The CSP is not the right choice if you:
- Transfer most of your points to Hyatt and plan to continue doing so after October 1. The Sapphire Reserve keeps 1:1 Hyatt transfers permanently and may justify the $700 annual fee gap for heavy Hyatt users.
- Book vacation rentals through the Chase Travel portal (you earn 5x there already; the new 3x applies only to direct-platform purchases).
- Primarily valued the 10% anniversary bonus and do not have meaningful gas or vacation rental spend to offset its removal.
Bottom Line
Most of the CSP refresh requires nothing from you. The one time-sensitive action: activate your Apple TV+ subscription in the Chase app before December 31, 2026. If you hold UR points earmarked for Hyatt, transfer them before October 1 at the 1:1 ratio. The new gas and vacation rental categories add meaningful annual value for many cardholders, and the $100 hotel credit and TSA PreCheck benefit sweeten the deal further. The $95 annual fee is a better value today than it was yesterday.
Ready to apply? Apply for the Chase Sapphire Preferred and take advantage of the refreshed benefits from day one.
FAQ
Q: Do I need to re-enroll in the Chase Sapphire Preferred to get the new benefits?
A: No. All new earning categories (gas, EV charging, vacation rentals), the doubled hotel credit, and the TSA PreCheck credit are automatic for both new and existing cardholders as of June 15, 2026. Only the Apple TV+ subscription requires manual activation.
Q: How do I activate Apple TV+ with my Chase Sapphire Preferred?
A: Open the Chase app, go to Benefits and Rewards, select Apple TV+, and tap “Activate Now.” You will be redirected to Apple to connect your subscription using your Apple ID. The deadline is December 31, 2026.
Q: When does the Hyatt 4:3 transfer ratio take effect for existing cardholders?
A: October 1, 2026. If you transfer UR points to Hyatt before that date, you still get the 1:1 ratio. After October 1, every 4 UR points become only 3 Hyatt points.
Q: Is the $100 hotel credit the same as the $50 credit I had before?
A: Yes, same mechanics but doubled in value. It applies to prepaid hotel bookings made through the Chase Travel portal only, not direct hotel bookings or other third-party sites.
Q: Does the 3x vacation rental rate apply to all VRBO and Airbnb bookings?
A: For most bookings, yes. The 3x applies when you book directly through Airbnb, VRBO, Vacasa, Plum Guide, HomeAway, and Homestay.com. VRBO occasionally miscodes as real estate management rather than travel; if that happens, call Chase to request a manual adjustment. Airbnb is more consistent.