Chase Sapphire Preferred Rolls Out ‘Points Boost,’ Hikes Bonus

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Published Jun 23, 2025 4:42 p.m. PDT · 1 min read Written by Senior Writer & Content Strategist + more + more Edited by Managing Editor + more + more SOME CARD INFO MAY BE OUTDATED

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NerdWallet rating Apply now Apply now Read Review As part of a larger overhaul of Chase's Sapphire credit card portfolio, the long-serving Chase Sapphire Preferred® Card is transitioning to a program that changes how points are valued when redeemed for travel. The card is also boosting its welcome offer for a limited time. Chase Sapphire Preferred® Card For its Sapphire cards, Chase has added a new redemption program called "Points Boost," which allows you to redeem your Ultimate Rewards® points on select airline tickets and hotel stays at an elevated rate through Chase's travel portal. But for travel redemptions via Chase that aren't labeled as a Points Boost deal, point values are going down. Here's a detailed look at what's changing: ? Nerdy Tip The Points Boost program also affects the new Sapphire Reserve for Business℠, as well as the Chase Sapphire Reserve® and the Ink Business Preferred® Credit Card. Sapphire Reserve for Business℠ Chase Sapphire Reserve® Ink Business Preferred® Credit Card

What to know about point values

Before the Points Boost program was instituted, points earned with the Chase Sapphire Preferred® Card were worth 1.25 cents each when redeemed for travel through Chase. Here's how Points Boost changes that: Chase Sapphire Preferred® Card On airline and hotel bookings eligible for Points Boost in Chase's travel portal, points will be worth 1.5 cents each. 1.5 cents each. For premium cabin tickets eligible for Points Boost, points may be worth up to 1.75 cents each. 1.75 cents each. On all bookings not eligible for Points Boost, points are worth 1 cent each. 1 cent each. Redemption values for cash, gift cards and other options remain intact, and you can still transfer your points to Chase's various travel partners at a 1:1 ratio. Full list of Chase transfer partners Airlines Airlines Aer Lingus (1:1 ratio). Air Canada (1:1 ratio). Air France-KLM (1:1 ratio). British Airways (1:1 ratio). Iberia (1:1 ratio). JetBlue (1:1 ratio). Singapore (1:1 ratio). Southwest (1:1 ratio). United (1:1 ratio). Virgin Atlantic (1:1 ratio). Hotels Hotels Hyatt (1:1 ratio). IHG (1:1 ratio). Marriott (1:1 ratio). Wyndham (1:1 ratio).

What to know about the timeline

For those who applied for the Chase Sapphire Preferred® Card on June 23, 2025 or afterward, the Points Boost system kicks in immediately. Those who applied before then still have some time, but there are dates to keep in mind: Chase Sapphire Preferred® Card For existing cardholders, points earned before Oct. 26, 2025, can be redeemed for travel through Chase at a value of at least 1.25 cents each, until Oct. 26, 2027. Those points will also be eligible for Points Boost offers, making them potentially worth up to 1.75 cents each under the new rules. Points earned after Oct. 26, 2025, will be subject to the standard Points Boost rules: You can get a value of up to 1.75 cents per point on eligible travel bookings, but non-Points Boost redemptions will net you just 1 cent per point. (There will be no 1.25-cent-per-point redemption options for these points.) Starting Oct. 27, 2027, the Points Boost system takes full effect, no matter when the points were earned.

A new welcome offer

The Chase Sapphire Preferred® Card has also enhanced its welcome offer for new cardholders: Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. It's an increase from the previous introductory bonus, which provided 60,000 bonus points after spending $5,000 on purchases in the first three months from account opening. Chase Sapphire Preferred® Card

NerdWallet rating Apply now Apply now Read Review The Chase Sapphire Preferred® Card will continue to earn rewards in the following categories: Chase Sapphire Preferred® Card 5 points per $1 spent on all travel purchased through Chase. 3 points per $1 spent on dining (including eligible delivery services and takeout), select streaming services and on online grocery purchases (not including Target, Walmart and wholesale clubs). 2 points per $1 spent on travel not purchased through Chase. 1 point per $1 spent on other purchases. Through September 2027: 5 points per $1 spent on Lyft. The card's other signature perks are also sticking around: A $50 annual credit on hotel stays purchased through Chase. Each account anniversary, cardmembers will earn bonus points equal to 10% of total purchases made the previous year. Article sources NerdWallet writers are subject matter authorities who use primary, trustworthy sources to inform their work, including peer-reviewed studies, government websites, academic research and interviews with industry experts. All content is fact-checked for accuracy, timeliness and relevance. You can learn more about NerdWallet's high standards for journalism by reading our editorial guidelines. About the author Melissa Lambarena Melissa is a credit cards writer at NerdWallet. Her work has been featured by The Associated Press, New York Times, Washington Post and USA Today. See full bio. Limited Time Only: Earn $1,000 Toward Travel! Capital One Venture Rewards Credit Card Travel NerdWallet rating

4.7 For a limited time, the Capital One Venture Rewards Credit Card is offering new cardholders an especially rich bonus: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel! Read full review

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