Chase Sapphire Preferred
Chase
Chase Sapphire Preferred
Community$95.00/yr · Chase Ultimate Rewards · no foreign transaction fee
🎁 Welcome offer: 100,000 pts after $5,000 in 3 mo · elevated
Elevated offer · confirmed 2026-07
CSP 100k after $5k/3 months — all-time high; limited window (July 2026 cycle).
r/churning news & multiple public links
Related community datapoints
- Hyatt transfers drop to 4:3 for new cardholders — Chase Ultimate Rewards → World of Hyatt is no longer 1:1 for new cardholders (now 4:3). Existing cardholders keep 1:1 until Oct 1, 2026 — if you rely on Hyatt transfers, move points before the deadline.
- CSP 100k all-time-high offer is live (limited window) — 100,000 points after $5,000 in 3 months — only the third time this offer has existed. The last run lasted ~6 weeks and this one is already several weeks in; if you're under 5/24 and want it, don't sit on it.
- 3rd Chase business card approved after manual review — Applicant with multiple existing Ink cards was approved after additional review. Chase reportedly weighed total credit exposure, utilization, business legitimacy (registration/insurance/website), and the banking relationship. Reducing existing limits before applying may help.
Earning rates
- 5x
✈️ Travel (flights, hotels)portal only
Travel booked via Chase Travel; 2x on other travel
- 3x
🍽️ Dining & restaurants
- 3x
🎬 Streaming
Select streaming services
- 1x
💳 Everything else
Statement credits
$50.00/yr- $50.00 Hotel creditOn hotel stays booked through Chase Travel
What are the points worth?
- Cash back1.00¢ / pt
- Balanced1.50¢ / pt
- Aspirational travel1.90¢ / pt
💡 Points Boost: select Chase Travel redemptions run up to 1.5–2¢/pt (legacy 1.25/1.5¢ into 2027). Hyatt transfers drop to 4:3 for NEW cardholders (existing keep 1:1 until Oct 1, 2026) — the aspirational value takes a haircut.
✈ Airlines: United MileagePlus, Southwest Rapid Rewards, Air Canada Aeroplan, British Airways, Air France/KLM Flying Blue, Virgin Atlantic, Singapore KrisFlyer, Emirates Skywards, JetBlue TrueBlue, Iberia Plus, Aer Lingus AerClub
🏨 Hotels: World of Hyatt (4:3 for new cardholders), Marriott Bonvoy, IHG One Rewards
Community data points
anecdotalHyatt transfers drop to 4:3 for new cardholders
Chase Ultimate Rewards → World of Hyatt is no longer 1:1 for new cardholders (now 4:3). Existing cardholders keep 1:1 until Oct 1, 2026 — if you rely on Hyatt transfers, move points before the deadline.
confirmed — multiple sources · last reported 2026-07 · user-reported, not bank policy
CSP 100k all-time-high offer is live (limited window)
100,000 points after $5,000 in 3 months — only the third time this offer has existed. The last run lasted ~6 weeks and this one is already several weeks in; if you're under 5/24 and want it, don't sit on it.
confirmed — multiple sources · last reported 2026-07 · user-reported, not bank policy
3rd Chase business card approved after manual review
Applicant with multiple existing Ink cards was approved after additional review. Chase reportedly weighed total credit exposure, utilization, business legitimacy (registration/insurance/website), and the banking relationship. Reducing existing limits before applying may help.
1 recent report · last reported 2026-07 · user-reported, not bank policy
“7–10 day” pending status approved on day 12
A Sapphire Preferred application sat in the 7–10 day message and approved unexpectedly on calendar day 12 with no call. Pending is not denied — don't cancel or reapply while a decision is in review.
1 recent report · last reported 2026-07 · user-reported, not bank policy
Paze offer credits posting late and backdated
Missing Paze promotional credits eventually appeared, backdated near the original transaction dates. Give offer credits a few statement cycles before treating them as failed.
several reports · last reported 2026-07 · user-reported, not bank policy
Reward data is community-maintained and may be out of date — welcome offers in particular change constantly. Verify with Chase before applying. Not financial advice.