Latest news with #ChaseSapphireReserve®


CNBC
9 hours ago
- Business
- CNBC
Here's why I'm loving the Chase Sapphire Reserve 100,000-point, $500 travel credit welcome offer
The updated Chase Sapphire Reserve® (see rates and fees) has received a lot of attention — its new $795 annual fee makes it one of the most expensive premium credit cards on the market. But what's also drawing eyes is the card's generous welcome bonus: For a limited time, new cardholders can earn 100,000 points and a $500 Chase Travel℠ credit after spending $5,000 in the first three months. Here's why we're loving the bonus. On Chase's site On Chase's site Get more than $2,700 in annual value with Sapphire Reserve. Excellent740–850 20.24% - 28.74% variable $795 Earn 100,000 bonus points + $500 Chase TravelSM promo credit See rates and fees. Terms apply. Member FDIC. Read our Chase Sapphire Reserve® review. The Chase Sapphire Reserve® is a standout premium credit card with plenty of luxury perks and statement credits to justify its annual $5 or 5% of the amount of each balance transfer, whichever is greater For starters, this is the best bonus the Chase Sapphire Reserve has ever seen. The last time this card offered a 100,000-point welcome offer was when it first launched in August 2016. The relaunched version of the Sapphire Reserve takes the 100K-point offer and adds up to $500 more in value with the travel credit. If you're an avid traveler, the bonus is well worth it. With Chase Ultimate Rewards® points valued by industry experts at about 2 cents per point, the 100,000 points you can earn are worth roughly $2,000 in value. Add in the $500 travel credit and you're at a bonus worth around $2,500. Keep in mind, too, that the typical Sapphire Reserve bonus is usually only around 60,000 points. Plus, Chase's new Points Boost feature allows Sapphire Reserve cardholders to earn up to 1.5X more value on their points when booking select airline tickets and hotel accommodations through Chase Travel. If you can reach the spending threshold to earn the new bonus (and pay off your credit card on time and in full every month), it's a no-brainer. Here are two ways one could cash in the bonus: The Sapphire Reserve's welcome offer is already a big draw, but don't forget about the travel credits and perks that complement the 100,000 bonus points. With the Sapphire Reserve, you'll receive a $120 TSA PreCheck®, Global Entry or NEXUS credit every four years to cover the application fee. The card also comes with a $300 annual travel credit, which will automatically be applied towards purchases made in the travel category. Both of these statement credits provide direct benefits to you while you travel, and they make better use of your 100K-point welcome offer. The Sapphire Reserve's 100K-point bonus, along with the $500 Chase Travel credit, opens up opportunities for exploration, and the Reserve complements this nicely with a lot of built-in travel protections. The card offers baggage delay insurance, trip cancellation and interruption insurance, including lost luggage reimbursement for up to $3,000 per covered traveler. Traveling Sapphire Reserve cardholders also get access to Chase Sapphire lounges and over 1,300 Priority Pass lounges for them and up to two guests at no additional cost. If you're looking for a travel rewards credit card, but don't want to pay an annual fee of triple digits, several options with lower fees can still provide a lot of value. One option is the Capital One Venture Rewards Credit Card, at a $95 annual fee. The card's earning structure is simple, with 5X miles per dollar on hotel and rental cars booked through Capital One Travel and 2X miles per dollar on every other purchase. The Venture Rewards comes with up to a $120 statement credit for Global Entry or TSA PreCheck and a $50 hotel credit for every Lifestyle Collection booking with room upgrades when available. Good to Excellent670–850 19.99% - 29.24% variable $95 Earn 75,000 miles Terms apply. Read our Capital One Venture Rewards Credit Card review. The Capital One Venture Rewards Credit Card has a reasonable annual fee and earns flexible travel rewards, which makes it a great travel card for beginners or heavy travelers.$0 at the Transfer APR, 4% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you None If your credit score isn't great but you want a credit card with some travel perks, check out the Credit One Bank® Wander® American Express® card. Also carrying a $95 annual fee, the card earns an impressive up to 10X points on eligible hotel and car rental purchases booked through the Credit One Bank travel partner: 5X when you reserve and 5X when you complete the booking. You'll also get purchase and retail protections, plus car rental loss and damage insurance for extra protection during your travels. 10X points on eligible hotel and car rentals booked using the Credit One Bank travel partner; 5X points on eligible dining, gas, and travel purchases; 1X points on all other purchases No current offer $95 N/A 29.49%* Variable N/A None Fair to Good credit See rates and fees. Terms apply. Money matters — so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, right to your inbox. Sign up here. At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every credit card article is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of credit card products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics.
Yahoo
24-06-2025
- Business
- Yahoo
Chase ends 48-month bonus rule for Sapphire cards — are you still eligible for a Chase Sapphire sign-up bonus?
The travel credit cards world is abuzz with activity as Chase launches the updated Chase Sapphire Reserve® and the all-new Sapphire Reserve for Business℠. However, it's not all business as usual if you're hoping to earn a shiny new credit card welcome offer. Chase has new eligibility requirements with its Chase Sapphire consumer cards, affecting both the non-business Sapphire Reserve and the Chase Sapphire Preferred® Card. Previously, you could get approved for a Chase Sapphire Reserve or Sapphire Preferred welcome bonus once every 48 months. In most cases, you could not hold a Sapphire Reserve and a Sapphire Preferred at the same time. These rules are changing. Eligibility language is confusing, but here are the key points: Lifetime limit: You are not eligible for a sign-up bonus on any Sapphire product (Sapphire Preferred, Sapphire Reserve, or Sapphire Reserve for Business) on which you've earned a bonus before. Current cardholder: If you are a current Sapphire member that's already earned a welcome bonus, you are not eligible for a sign-up bonus on any other Sapphire card. Past cardholder: If you are a past Sapphire member but no longer have that card, you are eligible for a sign-up bonus on a new Sapphire card you've never had before. Multiple Sapphire cards: While you aren't eligible for a sign-up bonus on another Sapphire card as a current cardholder, you can hold both a Sapphire Preferred and Reserve at the same time. You can even go for the trifecta and get the Sapphire Reserve for Business card, too. Product changes: Current Sapphire members can downgrade to a non-Sapphire card and then apply for a new Sapphire card to earn its welcome bonus (as long as it's a Sapphire card they've never earned a bonus on before). It could take a week or two for Chase to no longer recognize you as a Sapphire cardholder after a product change. Sapphire Reserve for Business: These guidelines don't affect your eligibility for earning a welcome bonus on the Sapphire Reserve for Business. In place of the previous rules for receiving a Sapphire welcome bonus once every 48 months, there's now a once-per-lifetime limit. You can earn the bonus on the Sapphire Preferred once, for example, and you can earn the bonus on the Sapphire Reserve once. Ever. This is similar to the American Express lifetime limits on Amex credit cards. This is a negative outcome for consumers who were accustomed to earning multiple welcome bonuses on the same Sapphire product over many years. According to the new guidelines, there is nothing explicit stating that you can't hold both a Sapphire Preferred and a Sapphire Reserve at the same time. Rather, you can't earn a welcome bonus on another Sapphire product if you're a current Sapphire customer. This is a neutral outcome because there's likely little reason to have both the Sapphire Preferred and Reserve at the same time — especially if you can't earn a welcome bonus on a second Sapphire product. These new guidelines are mostly for the Sapphire consumer cards, meaning the Sapphire Reserve for Business is exempt from a lot of them. You don't have to worry about having the Sapphire Reserve for Business if you're applying for one of the personal Sapphire products. However, it's still a once-per-lifetime limit on the bonus for the Sapphire Reserve for Business. This is a positive outcome because it means existing or past personal Sapphire cardholders don't have to worry about the new eligibility requirements if applying for the Sapphire Reserve for Business. In general, you can earn a Sapphire bonus if you have never received a bonus for that card in the past and you are currently not holding either of the Chase Sapphire consumer cards. If you've ever had a Chase Sapphire Preferred card before, you aren't eligible for another Chase Sapphire Preferred bonus. The same goes for receiving a Chase Sapphire Reserve bonus before if you've ever had that before. Bummed about the new Chase Sapphire welcome bonus rules? Check out other credit card sign-up bonuses. Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to the Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank's website for the most current information. This site doesn't include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.

CNBC
24-06-2025
- Business
- CNBC
Updated $795 Chase Sapphire Reserve offers best-ever welcome bonus: 100K points, $500 travel credit
A long-awaited overhaul to the premium Chase Sapphire Reserve® (see rates and fees) has officially arrived — and with a limited-time, best-ever welcome offer: New Sapphire Reserve cardholders can earn 100,000 points and a $500 Chase Travel℠ credit after spending $5,000 in the first three months. Notably, the annual fee has also increased to $795 (previously $550). There are new statement credits and perks, along with changes to the earning structure that will affect how you can get the most value out of your card. Plus, a refreshed card design. With its updated benefits, the revamped Sapphire Reserve is said to offer more than $2,700 in annual value — ideally offsetting the high annual fee, if you use all the credits and benefits. Let's dive into all the details on the Sapphire Reserve's overhaul. On Chase's site On Chase's site Get more than $2,700 in annual value with Sapphire Reserve. Excellent740–850 20.24% - 28.74% variable $795 Earn 100,000 bonus points + $500 Chase TravelSM promo credit See rates and fees. Terms apply. Member FDIC. Read our Chase Sapphire Reserve® review. The Chase Sapphire Reserve® is a standout premium credit card with plenty of luxury perks and statement credits to justify its annual $5 or 5% of the amount of each balance transfer, whichever is greater For a limited time, new Chase Sapphire Reserve cardmembers can earn 100,000 points and a $500 Chase Travel credit after spending $5,000 in the first three months. The Sapphire Reserve first launched in 2016 with a 100K-point welcome offer, but the $500 travel credit is a big addition and definitely makes the card worth it. The overhauled Chase Sapphire Reserve annual fee is $795, up from $550. Authorized users can be added for $195 per person, up from $75 each, and will also receive complimentary access to the Priority Pass lounges, a feature that other cards have been removing. The card changes are active for new cardholders who apply and are approved on or after June 23. Sapphire Reserve cardholders pre-June 23 will be charged the new annual fee on their next card renewal on or after Oct. 26, 2025. The revamp of the Chase Sapphire Reserve comes with a bunch more statement credits, plus perks like complimentary hotel elite status — notably all at the cost of a $245 increase in the annual fee. When using your credit at The Edit properties, cardmembers who stay at least two nights will also get complimentary benefits like a $100 property credit, daily breakfast and room upgrades when available. Purchases that qualify will not earn points. With the refreshed Sapphire Reserve, new perks that cardholders can unlock after spending $75,000 on the card in a calendar year include:Chase has adjusted how cardholders earn points while spending on their Chase Sapphire Reserve. We're loving the first two changes, but the third came as a bit of a shock. Previously, the 3X points on all travel purchases had great flexibility as it included spending on subways, parking costs, road tolls, vacation homes, cruises and more. Replacing the 50% redemption boost through the Chase Travel portal is a new points accelerator program called Points Boost. Points Boost will allow eligible cardmembers to redeem their Ultimate Rewards® points for up to 2X value when booking select airlines and hotels through Chase Travel. Otherwise, it's a fixed 1 cent per point. If you were a Sapphire Reserve cardholder before June 23, any points earned prior to Oct. 26, 2025, can still be redeemed for either 1.5 cents per point or for 2 cents per point through Points Boost, up to two years (Oct. 26, 2027). Beyond the Chase Sapphire Reserve, other premium travel cards on the market include those from Amex and Capital One. If you enjoy statement credits but are looking for different partner benefits or transfer partners, The Platinum Card® from American Express could be a good fit. The card comes with over $1,500 in value through partnerships with Uber, Resy, Walmart+ and more. There's a $695 annual fee. The card comes with elevated hotel status for both Marriott Bonvoy and Hilton Honors, along with access to the American Express Global Lounge Collection, with more than 1,400 airport lounges across 140 countries. On the American Express site On the American Express site The Amex Platinum Card provides access to Amex Centurion Lounges, Delta Sky Clubs® , Lufthansa Lounges, Escape Lounges and more. (Enrollment required) Good to Excellent670–850 See Pay Over Time APR $695 You may be eligible for as high as 175,000 Membership Rewards® Points See rates and fees, terms apply. Read our Amex Platinum Card review. The Platinum Card® from American Express is a premium card loaded with annual statement credits, entertainment benefits, extensive airport lounge access, elite status perks and more. (Enrollment required for select benefits mentioned)N/A None The Capital One Venture X Rewards Credit Card comes with a $395 annual fee, which is on the lower end for a premium credit card. The Venture X offers some similar benefits to the Chase Sapphire Reserve, with a $300 travel credit for purchases made through Capital One Travel and a credit for Global Entry or TSA PreCheck. The card grants access to both Capital One and Priority Pass lounges, plus you'll earn 2X miles on all purchases outside of the card's bonus spending categories. Earn your rewards in a cryptocurrency of your choice with over 60 to select from. Excellent740–850 19.99% - 29.24% variable APR $395 Earn 75,000 bonus miles Terms apply. Read our Capital One Venture X Rewards Credit Card review. The Capital One Venture X Rewards Credit Card is a premium credit card with a myriad of benefits and a lower annual fee than other high-end cards with similar features.$0 at the Transfer APR, 4% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you $0 Money matters — so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, right to your inbox. Sign up here. At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every credit card article is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of credit card products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics.
Yahoo
15-05-2025
- Business
- Yahoo
Want the 100,000-point Chase Sapphire Preferred bonus? Make sure you meet these requirements first. (expired)
The current Chase Sapphire Preferred® Card welcome bonus is among the best the card has ever offered. For a limited time, you can earn 100,000 Chase Ultimate Rewards points — worth as much as $1,250 toward future travel — after spending $5,000 within the first three months of account opening. But before enjoying those big rewards, every new cardholder must meet some eligibility requirements. We checked the fine print to help you figure out whether you qualify. Read more: All about the limited-time 100,000-point Chase Sapphire Preferred offerYou must get approved for the card and spend $5,000 within the first three months to earn the limited-time Chase Sapphire Preferred welcome bonus. However, you could be ineligible if you meet either of these criteria: You currently have aChase Sapphire credit card You're a previous Chase Sapphire cardholder who received a new cardmember bonus within the last 48 months The good news is that you're not automatically excluded if you've had a Chase Sapphire Preferred Card or earned a Chase Sapphire bonus in the past. Here's more info about the limitations: Chase only allows cardholders to own one Chase Sapphire card at a time. You cannot have multiples of the Chase Sapphire Preferred or Chase Sapphire Reserve®, and you cannot hold both cards simultaneously. If you do have a Chase Sapphire card and apply for a new Chase Sapphire Preferred Card to get the limited-time bonus, your application won't be approved. Asking for a product change won't suffice either. If you currently have a Sapphire Reserve card, you may be eligible to switch to the Sapphire Preferred, but that swap won't qualify for the 100,000-point bonus. Related: Best rewards credit cards The 48-month rule applies whether you currently have a Chase Sapphire card or did in the past. You can check your past statements to find out exactly how long ago you earned a welcome bonus with Chase. For example, I opened a Chase Sapphire Preferred and earned the 100,000-point bonus the last time it was offered in 2021. I didn't apply for the card until June, and the bonus was awarded on my August statement. Because that was less than 48 months ago, I'm not currently eligible — and wouldn't be eligible to earn a new Chase Sapphire bonus until August 2025. Remember, you can only earn a Chase Sapphire welcome bonus if you haven't earned another new cardmember bonus from either the Chase Sapphire Preferred or Chase Sapphire Reserve within the past 48 months. That means 48 months since you received the bonus, which could be weeks or months after you actually applied for the card, depending on when you meet the spending requirement. Related: The best credit card sign-up bonuses To have the opportunity to earn the 100,000-point welcome offer, you'll first have to get approved as a Chase Sapphire Preferred cardholder. This travel rewards card generally requires a solid credit history, and you're most likely to get approved if you have a good-to-excellent credit score. But for Chase card applications, you should also watch out for the issuer's unofficial (yet broadly discussed) 5/24 rule. This guideline prevents you from opening a new Chase credit card account if you have opened five or more new credit cards within the past 24 months. That includes credit cards from any issuer, not just Chase. Even if you would otherwise qualify for the Chase Sapphire Preferred, you'll likely get denied if you've surpassed the 5/24 threshold. Related: How to apply for a credit card Couples and families can benefit from combining points from different Chase accounts within the same household. This can be a good option if you don't qualify for the Chase Sapphire Preferred bonus but a loved one is interested in the card. Say, for example, you already have a Chase Sapphire Reserve account you opened a year ago — making you ineligible for the limited-time Chase Sapphire Preferred Card offer. But your spouse does not have a Chase Sapphire account and is eligible. They could open a Chase Sapphire Preferred Card and earn the 100,000-point bonus. As members of the same household, you can combine your points under the same account when you're ready to redeem for future travel — just call the number on the back of your card to request the transfer between accounts and confirm you have the same home address (you can only share points with one designated person). Before your other household member applies, you should make sure the card makes sense for their overall spending and budget. If they don't get enough value to justify the ongoing annual fee, for example, or can't afford to pay off balances before accruing interest, this tactic could cost more in the long run than the benefits are worth. This embedded content is not available in your region. This article was edited by Alicia Hahn. Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank's website for the most current information. This site doesn't include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.

Business Insider
29-04-2025
- Business Insider
I have one of the best travel credit cards, but I still buy travel insurance for international trips
As a travel rewards and credit card junkie who has used points and miles to travel to more than 50 countries around the world, many people ask me what I do when it comes to protecting myself from all the "what ifs" travel can bring. The answer to that question may be more complex than you think. It's true that I like having credit card travel insurance in a wide variety of circumstances, especially when I'm traveling domestically or renting a car in a new place. However, my family also has an annual travel insurance policy through Allianz Travel Insurance, which covers us for every trip we take each year, no matter what. Why do I have travel insurance when credit cards offer perks like trip cancellation and interruption coverage, travel delay insurance, and primary auto rental coverage? There are several important reasons I opt for an annual travel insurance plan for extra protection. Credit cards offer insufficient (or zero) coverage for emergency medical expenses While my own health insurance plan (from Anthem) should theoretically cover any emergency medical expenses I incur while traveling in the United States, the vast majority of trips I take are overseas. Unfortunately, my Anthem plan doesn't work overseas, and emergency medical coverage is one area where travel credit cards come up dramatically short. The only major travel credit card that offers coverage for medical expenses is the Chase Sapphire Reserve®. It's one of the best travel credit cards you can get, but this card offers just $2,500 in coverage for emergency medical and dental bills incurred on a covered trip, subject to a $50 deductible. Another $75 per day is available for up to five days of hotel stays due to a covered injury as well, but these coverage amounts aren't even close to what someone might need if they find themselves seriously sick or injured on vacation. This is ultimately why I have an annual travel insurance plan for my family. Our plan from Allianz comes with up to $50,000 in medical expense coverage per traveler and per trip, so I never have to worry about going without. Coverage from credit cards rarely covers emergency medical evacuation On top of emergency medical expense coverage, I also want to make sure I have emergency medical evacuation coverage for international trips. This kind of insurance can be essential if you need to pay for long-distance ambulance transfers to another hospital in a new country for medical care or if you need medical evacuation by helicopter. This coverage can even pay for international transportation to your home country if your medical condition warrants it. This is another area where credit card coverage comes up short. Again the Chase Sapphire Reserve® is one of the only major travel credit cards that offers this coverage, and its benefit is limited to $100,000 per traveler. That's better coverage than the medical expense protection that comes with this card. However, my annual travel insurance plan comes with $500,000 in emergency medical transportation coverage per traveler and per trip. Get Travel Insurance Quotes Online Protect your trip with the best travel insurance. Compare travel insurance quotes from multiple providers with SquareMouth. You have to pay for your trip with a credit card for coverage to work Finally, a lot of people don't realize that you often have to pay for the main components of a trip with your credit card for travel insurance benefits to apply. In other words, just having a credit card with travel insurance isn't enough. Note: Some credit cards, including Chase credit cards that offer travel insurance, let you pay for your trip with your rewards points or a combination of credit card charges and rewards for coverage to kick in. Regardless, I sometimes use different rewards or credit cards to pay for different trips, thus my credit card travel insurance may not always apply. For example, I recently used a stash of Delta SkyMiles to pay for an international flight to Mexico for a vacation with my husband. This helped me score almost-free flights that would otherwise cost over $500 each, and all I had to pay was airline taxes and fees. If I had to use a credit card to make sure I had travel insurance, I would have probably paid for the trip with my Chase Sapphire Reserve® instead. I also occasionally travel for work, in which case another company often pays for my flight and hotel stays. This is another scenario where I wouldn't have international coverage for medical expenses or emergency medical evacuation if I didn't pay for it myself. Since my family's annual travel insurance plan costs less than $500 per year, having this additional coverage is an absolute no-brainer. I sleep great at night knowing I am covered if I, my husband, or one of our kids becomes seriously injured or ill while we're traveling in another country. Credit card travel insurance is a nice perk, too, but there are areas where it's just not enough. Don't know where to start? Consider a financial advisor. Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors who serve your area in minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. Start your search now.