Chase Sapphire Reserve and Preferred Changes Confirmed - effective Aug. 16, 2021

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Aug 10, 21, 9:17 am

windhund

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Join Date: Sep 2014

Posts: 553

Chase Sapphire Reserve and Preferred Changes Confirmed - effective Aug. 16, 2021

From the press release (https://www.businesswire.com/news/ho...10005607/en/):

Quote:

NEW Chase Sapphire Preferred Benefits (starting August 16):

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.

NEW Chase Sapphire Reserve Benefits (starting August 16):

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

IMO, big change for CSR: 10x points on hotels stays purchased through UR, 5x on airfare (matching AMEX Plat).
CSP is more rounded - 3x on dining now, and 3x on select streaming services and online groceries.

No annual fee announced in the release for either card.

mia, 355F1 and cesco.g like this.