Why Chase Sapphire Preferred® Card is Your Go-To Card for Travel Protection

Credit Card

November 13, 2024•5 min read

One card that always comes up for new people learning points and miles to have in your wallet is one with travel protection. When it comes to travel, having the right credit card in your wallet can make all the difference. TheChase Sapphire Preferred®card stands out for its exceptional travel protection benefits, which have just received a significant upgrade. Starting October 1, 2024, Chase is rolling out enhancements to these benefits, making them even more robust and accessible. Here’s what you need to know.

A New, Streamlined Claims Process

One of the most significant changes Chase is implementing is the introduction of a new, consolidated claim Chase website. As of October 1, all your travel and purchase protection benefits will be accessible through a single, easy-to-use platform. This update simplifies the process of filing a claim, ensuring you have all the resources you need in one place.

To file a claim, simply visit the new site atchasecardbenefits.comor call 1-800-350-1362. This new process, managed by Virginia Surety Company, Inc., an Assurant company, is designed to enhance your experience and ensure your claims are handled efficiently.

Enhanced Auto Rental Collision Damage Waiver

One of the most popular features of theChase Sapphire Preferred®is its Auto Rental Collision Damage Waiver. With the upcoming changes, this benefit is getting a significant boost. Starting October 1, you'll receive up to $60,000 in coverage for eligible vehicles with a Manufacturer's Suggested Retail Price (MSRP) of $125,000 or less. This is an increase that adds even more value, especially if you rent higher-end vehicles during your travels.

Comprehensive Travel and Emergency Assistance

Travel mishaps can be stressful, but with theChase Sapphire Preferred®card, you're never alone. The card’s Travel and Emergency Assistance benefit will now include expanded services. If you experience a qualifying emergency, the service provider will arrange and cover your emergency transportation, so you won’t have to pay upfront and file for reimbursement later. Additionally, the Travel Accident Insurance coverage will double, increasing from $250,000 to $500,000, providing more peace of mind when you’re traveling.

Protection for Your Luggage and Purchases

Losing your luggage can ruin a trip, but with the enhanced Lost Luggage Reimbursement benefit, select Chase cards, including theChase Sapphire Preferred®, now cover the cost of repairing or replacing lost or damaged luggage. Plus, if you make significant purchases on your trip, the Extended Warranty Protection has been improved, offering up to $10,000 per claim and $50,000 per year.

Why These Changes Matter

The upgrades to theChase Sapphire Preferred®card benefits reflect Chase’s commitment to providing top-tier travel protections that align with the needs of modern travelers. Whether you’re renting a car, making purchases, or needing emergency assistance, these enhanced benefits ensure that you’re covered. These updates also underscore the importance of understanding your card's benefits and how to access them. With the new consolidated claims website launching October 1, filing a claim will be more straightforward, allowing you to focus on enjoying your travels rather than worrying about the fine print.

New Welcome Bonus Offer

In addition to these incredible protections, theChase Sapphire Preferred®card now offers an updated welcome bonus that provides even more value for travelers:

• Get up to $750 in Chase Travel℠value:Earn 60,000 bonus points after $4,000 in purchases in your first 3 months from account opening. That’s worth $750 when redeemed through Chase Travel℠

• Earn rewards quickly:Enjoy benefits such as 5x on travel purchased through Chase Travel, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, and 1x on all other purchases. Additionally, you get a $50 Annual Chase Travel Hotel Credit, plus more.

• Enhanced redemption value:Get 25% more value when you redeem for airfare, hotels, car rentals, and cruises through Chase Travel. For example, 60,000 points are worth $750 toward travel.

• Top-tier travel protections:Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance, and more.

• Exclusive perks:Get complimentary access to DashPass, unlocking $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.

Final Thoughts

TheChase Sapphire Preferred®card is already a favorite among travelers, and these new enhancements make it even more compelling. From the improved Auto Rental Collision Damage Waiver to the consolidated claims process, these updates ensure that you have the protection you need when you need it most. With up to $750 in value when you take advantage of the new welcome bonus and travel credits, it’s a card every traveler should consider having in their wallet.

For more information about these benefits and how to file a claim, refer to the cardmember notification you received from Chase or visitchase.com. Remember, starting October 1, 2024, all claims related to travel and purchase protection will be managed by Assurant through the new website.

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All information aboutChase Sapphire Preferred®has been collected independently by BensBigDeal.Chase Sapphire Preferred®is no longer available through BensBigDeal.

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