Chase just refreshed the Sapphire Preferred and buried a bombshell in the fine print. On this episode of MTM Travel Shawn and Mark break down everything Chase changed: the $95 fee stays, you get new 3X categories on gas, EV charging and vacation rentals, plus a doubled $100 hotel credit. The catch? The Sapphire Preferred and Ink Business Preferred lose 1:1 Hyatt transfers and drop to 4:3 on October 1. We cover whether the refresh is still worth it, why the $795 Reserve is now the only way to keep 1:1 Hyatt, why Bilt just won, and what you should actually do before the changes hit Monday. Mark's full breakdown is linked below. Let us know where Chase ranks in your points lineup now.
Episode Guide:
0:00 – Chase drops a Hyatt bombshell
0:22 – Shawn in Casablanca + airport travel tips
3:33 – Inside the new Sapphire Preferred (and the 4:3 Hyatt cut)
6:35 – Bonus categories & why Chase is devaluing points
8:40 – The $795 Reserve push, Mark's article & the Oct 1 timeline
12:27 – Will this finally hurt Hyatt?
16:18 – Chase's fault or Hyatt's? Plus why Bilt won
19:44 – Shawn's points strategy going forward
22:48 – Mourning the old Hyatt & should you apply before Monday?
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