With the Chase Sapphire Preferred® card in 2026, you earn 5x total points on flights (and other travel) when you book directly through the Chase Travel℠ portal. If you choose to book your flight directly with an airline (like United or Delta) or through another third-party site, you earn 2x points for every dollar spent, as airfare is categorized under "travel worldwide." This "portal vs. direct" distinction is a key strategy for maximizing rewards; for example, a $1,000 flight earns 5,000 points through the portal but only 2,000 points if booked directly with the carrier. Additionally, the card features a 10% Anniversary Points Bonus, where you receive a bonus equal to 10% of your total purchases made in the previous year. For those looking to redeem, the points are worth 25% more (1.25 cents each) when used to book travel through the Chase portal, or they can be transferred at a 1:1 ratio to popular airline partners like Southwest, United, and British Airways, which often yields an even higher value for luxury or international flight redemptions.