Kendall Morris, Credit Cards Moderator
No, Chase Sapphire Preferred doesn’t offer price protection anymore. Chase discontinued the price protection benefit, which provided coverage up to $500 per item and $2,500 per year, for the Chase Sapphire Preferred card in August 2018. Prior to that, if a cardholder purchased an eligible item with the Chase Sapphire Preferred card and any retailer reduced the price of the item within the next 90 days, Chase would have refunded the difference between the purchase price and the sale price.
The Chase Sapphire Preferred card’s lack of price protection is not uncommon these days, as more and more cards have dropped the benefit. Recent advances in price-tracking technology have led to a dramatic increase in price protection claims, making the benefit too expensive for issuers to sustain.
Chase Sapphire Preferred® Card
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