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The Chase Sapphire Preferred\u00ae Card<\/a><\/span> (see rates and fees<\/a><\/span>) has long been one of the easiest travel rewards cards<\/a><\/span> to recommend.<\/p>\n It earns valuable Chase Ultimate Rewards points<\/a><\/span>, offers solid travel protections<\/a><\/span> and carries a reasonable $95 annual fee \u2014 a rarity as more travel cards push well beyond the $100 mark.<\/p>\n Now, one of the card’s most useful perks has gotten significantly better.<\/p>\n As part of the Sapphire Preferred refresh<\/a><\/span>, Chase doubled the card’s annual Chase Travel\u2120<\/a><\/span> hotel credit from $50 to $100 every account anniversary year, while keeping the annual fee at $95.<\/p>\n That may not sound revolutionary, but that one change dramatically improves the card’s value proposition.<\/p>\n Limited-time offer on the Chase Sapphire Preferred<\/a><\/span>: Earn 100,000 bonus points after spending $5,000 on purchases in the first three months from account opening.<\/strong><\/p>\n Before this update, the Sapphire Preferred<\/a><\/span>‘s annual fee was easy enough to justify, but it still required some effort.<\/p>\n Under the old setup, cardholders received a $50 annual hotel credit and paid a $95 annual fee. That left another $45 to make up through the card’s bonus categories, travel protections<\/a><\/span>, redemption options or other perks.<\/p>\n That remaining $45 wasn’t particularly difficult to offset, especially for travelers who regularly redeem Chase Ultimate Rewards points<\/a><\/span>. Still, you needed to use multiple card benefits to feel like you were truly coming out ahead.<\/p>\n Reward your inbox with the TPG Daily newsletter<\/p>\n Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG\u2019s experts<\/p>\n
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\nThe annual fee now easily pays for itself<\/h2>\n