Chase Reinvents Luxury Credit Card Category with Sapphire Reserve, Launching Today
August 23 2016 - 9:29AM
Business Wire
Chase expands the Sapphire card portfolio,
offering a 100,000 points sign-on bonus and the richest rewards
value on a wide range of travel purchases
Chase Card Services, a division of JPMorgan Chase & Co.
[NYSE: JPM], today announced Chase Sapphire ReserveSM credit card –
the newest addition to the luxury credit card market. Chase
Sapphire Reserve joins the suite of Chase Sapphire’s premier
rewards cards and sets a new standard for credit card benefits,
including 3X points on a wide range of travel and dining purchases,
flexible redemption options and valuable travel credits.
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Chase Sapphire Reserve joins the suite of
Chase Sapphire's premier rewards cards (Photo: Business Wire)
“Our customers love Chase Sapphire, so we’re taking it to the
next level,” said Pam Codispoti, President, Chase Branded Cards.
“We’re giving our customers more rewards, benefits and the
opportunity to unlock one-of-a-kind travel and dining experiences
to enrich their lives.”
The Chase Sapphire Reserve card offers worldwide rewards on a
broad list of travel purchases – from the more traditional airfare
and hotels, to the less traditional taxis, trains, and travel
within the “sharing economy.” The new card will be on the Visa
Infinite platform - the most premium credit offering from Visa,
offering the highest level of service, features and benefits that
uniquely appeal to affluent cardholders.
Highest bonus currently offered
Chase Sapphire Reserve cardmembers earn 100,000 bonus points
after spending $4,000 in the first three months – the highest
premium currently offered through a Chase credit card. This is
equivalent to $1,500 when redeemed for travel through Chase
Ultimate Rewards®.
Wide range of Chase Sapphire Reserve benefits
Premium Rewards – Worldwide
- 3X points per $1 spent on travel and
dining purchases worldwide
- 1X points per $1 spent on all other
purchases
- $300 annual travel credit as
reimbursement for travel purchases
- $100 application fee credit for Global
Entry or TSA Pre✓®
- No foreign transaction fees
Maximum Redemption Value and
Flexibility
- Points are worth 50% more when redeemed
for airfare, hotels, car rentals and cruise lines through Chase
Ultimate Rewards – 100,000 points are worth $1,500 toward
travel
- 1:1 points transfer to leading airline
and hotel loyalty programs
Elite Access
- Priority Pass Select membership
providing access to 900+ airport lounges in over 400 cities
worldwide for cardmembers and their travel companions
- 24/7 direct access to Chase Sapphire
Reserve Customer Service Specialists
- Special car rental privileges from
National Car Rental, Avis and Silvercar
- Elite hotel benefits at Relais &
Châteaux and special benefits at top hotels and resorts worldwide
with The Luxury Hotel & Resort Collection
- Elevated access to Chase Sapphire
events and experiences
The card has a sleek, modern design with embedded metal. There
is a $450 annual fee and a $75 annual fee for each authorized
user.
For more information or to apply for the Chase Sapphire Reserve
card, visit any Chase bank branch location nationwide or go to
Chase.com/SapphireReserve.
About Chase
Chase is the U.S. consumer and commercial banking business of
JPMorgan Chase & Co. (NYSE: JPM), a leading global financial
services firm with assets of $2.5 trillion and operations
worldwide. Chase serves nearly half of America’s households with a
broad range of financial services, including personal banking,
credit cards, mortgages, auto financing, investment advice, small
business loans and payment processing. Customers can choose how and
where they want to bank: 5,300 branches, 18,000 ATMs, mobile,
online and by phone. For more information, go to Chase.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160823005859/en/
Chase Card ServicesMedia Contact:Ashley Dodd,
302-282-5011Ashley.e.Dodd@chase.com
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