Breaking Points: Credit Card News

Chase has announced that this elevated offer will end on July 30, 2026 at 9am EST, so jump on this highest ever offer before then.

The Chase Sapphire Preferred is offering 100,000 points after spending $5,000 in the first 3 months. That's 25,000 points more than the standard offer of 75,000 points and ties the highest welcome offer we've ever seen on the card. The annual fee remains $95, and the elevated offer comes on the heels of a recent card refresh that increased the annual hotel credit to $100, added new bonus categories, a TSA PreCheck/Global Entry/NEXUS credit, a complimentary year of Apple TV+, and emergency evacuation coverage up to $100,000. Unfortunately, Chase also recently devalued Hyatt transfers on the Sapphire Preferred from 1:1 to 4:3, making the Sapphire Reserve cards the only Chase products that still transfer to Hyatt at a 1:1 ratio.

Update: Amex issued a statement regarding this change:
"We have added a Resy Credit eligible badge to Resy venue pages to provide additional clarity to diners at the time of booking. We have not removed Resy venues that are eligible today and will be adding more eligible venues later this year when Tock venues become bookable on Resy."

Starting August 1, 2026, restaurants will display a Resy Credit eligible badge in order to qualify for Amex's Resy dining credit. Several American Express cards offer statement credits for dining at Resy restaurants, and there was initially concern that the change would limit the number of eligible venues. However, Amex says it is not removing any currently eligible restaurants and plans to add more later this year when Tock venues become bookable through Resy. We'll have a better sense of the real-world impact once the change takes effect in August.

Citi ThankYou Rewards is offering a 50% transfer bonus to Accor Live Limitless. The standard transfer ratio is 2:1, so with the bonus, you’ll receive 750 Accor Live Limitless points for every 1,000 Citi ThankYou Rewards points transferred. Offer expires July 18, 2026.

Delta is running an unadvertised flash sale on Delta One business class flights to Europe this summer, with award prices starting at 115,000 SkyMiles one-way. Availability currently exists from both the East and West Coasts on many dates between June and August, with the best options appearing to be in Italy, Spain, France, and the UK. While 115k miles is higher than what you can sometimes find through other programs, it's an excellent price for Delta One during peak summer travel, especially on short notice. Delta also does not pass along fuel surcharges, keeping taxes and fees to about $6 outbound and $50 on return flights. Delta credit card holders receive a 15% award discount, bringing the starting price down to just 97,750 miles. These fares likely won't last long, so book quickly if you're interested.

Southwest is offering double Rapid Rewards points on eligible flights booked by June 15, 2026. Registration is required, and travel must be completed by November 18, 2026. You can log in and register here. We wouldn't book a trip solely for this promotion, but if you already have Southwest travel planned, it's worth registering. If you have an existing reservation during the promo period, it may also be worth checking the price and rebooking if it's the same or has gone down.