*CONFIRMED!* Chase Sapphire Preferred & Reserve MAJOR UPDATES!

2 of the best travel credit cards are getting MAJOR UPDATES! The Chase Sapphire Preferred & Chase Sapphire Reserve cards will be getting new rewards categories and benefits! Click “Show More” to see Ad Disclosure.

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LINK TO PRESS RELEASE: https://www.businesswire.com/news/home/20210810005607/en/Chase-Reveals-New-Benefits-Coming-to-Sapphire-Preferred-and-Reserve-Credit-Cards

Starting on August 16, 2021 we’ll see the following upgraded benefits:
NOTE: the following text is quoted directly from the Businesswire press release. Credit goes to Ashley Dodd.

CHASE SAPPHIRE PREFERRED – updated benefits beginning 8.16.2021
- 5x total points on all travel purchased through Chase Ultimate Rewards
- 3x points on dining, including eligible delivery services, takeout and dining out (previously 2x)
- 3x points on select streaming services
- 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs)
- $50 Annual Credit on hotel stays purchased through Ultimate Rewards. New cardmembers will start earning towards the credit immediately and existing cardmembers will start earning after their next account anniversary.
- 10% Anniversary Point Bonus. Each account anniversary, cardmembers will earn bonus points equal to 10% of total purchases made the previous year. That means, $25,000 in spend will earn an additional 2,500 bonus points.
- Plus, new Sapphire Preferred cardmembers can currently earn 100,000 bonus points after spending $4,000 on purchases in the first three months from account opening, worth $1,250 in travel booked through Ultimate Rewards.
- The Sapphire Preferred card will also feature a sleek new card design, which will be available to new and existing cardmembers after August 16
- Sapphire Preferred cardmembers will continue enjoying all the card already offers, including 2x points on travel and 25% more value when points are redeemed for travel through Chase Ultimate Rewards, all for the same annual fee.

CHASE SAPPHIRE RESERVE – updated benefits beginning 8.16.2021

- 10x total points on Chase Dining purchases through Ultimate Rewards
- 10x total points on hotel stays and car rentals purchased through Ultimate Rewards
- 5x total points on air travel purchased through Ultimate Rewards
- In addition to earning points, later this year Reserve cardmembers will have access to “Reserved by Sapphire,” featuring exclusive opportunities to book reservations at some of the most sought-after restaurants across the country including Canlis in Seattle, WA, Redbird in Los Angeles, CA, SingleThread Farms in Healdsburg, CA, Reverence in New York, NY and One Off Hospitality in Chicago.
- New Sapphire Reserve cardmembers can currently earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months of account opening, worth $900 when redeemed for travel in Ultimate Rewards
- This is in addition to all of what Sapphire Reserve currently provides, including earning 3x points on dining and on a broad definition of travel, a $300 annual travel credit, $100 application fee credit for Global Entry or TSA PreCheck, special benefits through the Luxury Hotel & Resort Collection, points that are worth 50% more when redeemed for travel through Chase Ultimate Rewards, and more. Sapphire Reserve annual fee will remain $550, as previously announced.

CHASE SAPPHIRE LOUNGE BY THE CLUB

Chase is opening its own airport lounge network in partnership with The Club, “including New York’s LaGuardia Airport (LGA) in the brand new Terminal B, Boston Logan International Airport (BOS) Terminal B to C Connector, and later this year, a first international location in Hong Kong International Airport (HKG) Terminal 1. Opening dates and additional lounge details will be announced over time, and the pipeline of destinations will continue to grow to include new locations at select major airports.”

Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.

#creditcards #chasesapphirepreferred #chasesapphirereserve

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