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Chase just announced a change to the Chase Sapphire Preferred® credit card. It increased the bonus points from 50,000 to 60,000, bringing the bonus value to $750 in travel when booked through Chase Ultimate Rewards. That increase brings the bonus value in line with the Chase Sapphire Reserve®. And that raises an important question: Is the Chase Sapphire Preferred or the Chase Sapphire Reserve the best option now?