Latest news with #ChaseTravel
CNBC
a day ago
- Business
- CNBC
Here's everything you need to know about the new Chase Sapphire eligibility rules
Chase is making some changes to their eligibility rules around the popular Sapphire credit cards. What used to be a rule that you couldn't be a cardholder of both the Chase Sapphire Preferred® Card (see rates and fees) and Chase Sapphire Reserve® (see rates and fees) has now changed, meaning you can double down on earning Chase points. A big caveat, though? You might not be able to earn both cards' welcome bonuses. Here's what to know. On Chase's site On Chase's site With Points Boost, your rewards will be worth up to 1.5x on thousands of top-booked hotels and flights from select airlines through Chase Travel. Good to Excellent670–850 19.99% - 28.24% variable $95 Earn 75,000 bonus points See rates and fees. Terms apply. Member FDIC. Read our Chase Sapphire Preferred® Card review. The Chase Sapphire Preferred® Card packs a punch for a $95 annual fee card, offering annual travel credits, comprehensive travel protections and $5 or 5% of the amount of each transfer, whichever is greater 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 Before the overhaul of the Chase Sapphire line of cards, the bank didn't allow a user to be the primary account holder on both the Sapphire Preferred and Reserve cards; you could only have one. This was Chase's previous rule on owning multiple Sapphire cards at once: The product is not available to either (i) current cardmembers of any Sapphire credit card, or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 48 months. If you are an existing Sapphire customer and would like this product, please call the number on the back of your card to see if you are eligible for a product change. You will not receive the new cardmember bonus if you change products. That's now changed, however. As of June 23, 2025, you can now be a cardmember of both the Chase Sapphire Preferred and Sapphire Reserve. Why would you want to have both? Well, they cater to different spending. While the Preferred works with more everyday purchases, allowing you to earn on online groceries and streaming, the Reserve rewards your travel. Plus, with the two, you can more quickly collect valuable Chase Ultimate Rewards® points. The only caveat is that there's a good chance you won't be able to score a welcome bonus on both cards. A Chase spokesperson told CNBC Select that new account bonus offer eligibility for either the Reserve or the Preferred will be based on several factors, including previously earned bonus offers and the number of cards opened and closed, among others. If you already had one of the Sapphire cards and earned its welcome bonus, you may not earn the welcome bonus on the second Sapphire card you get. This is on the product page of Chase's website: The new cardmember bonus may not be available to you if you currently have any other personal Sapphire cards open, previously held this card or received a new cardmember bonus for this card. So, while Chase is opening up the doors to the possibility of owning both Sapphire cards, earning their respective welcome bonuses seems like it's going to be more on a case-by-case basis. It's worth noting that the site does specifically say, "personal Sapphire cards," and after confirming with a Chase spokesperson, Chase Sapphire Reserve for BusinessSM (see rates and fees) cardholders can still open a consumer Sapphire card and earn its bonus. Thus, having the business card will not impact your eligibility for the other Sapphire bonuses. With this current language, it seems like it's still possible to earn both bonuses; if you had one of the Reserve or Preferred cards and earned its bonus, you could then downgrade that card to a non-Sapphire card and then apply for the Sapphire card you haven't held yet and earn its bonus. While this could be a good way to maximize the welcome offers, some people may be devoted to one card over the other and not want to downgrade for a bonus. 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.
CNET
5 days ago
- Business
- CNET
I'm Breaking Up With My Chase Sapphire Preferred. Here's Why the Love Is Gone
Chase will offer 1.25% boosted redemption on travel through October 2027. Viva Tung/CNET The Chase Sapphire Preferred® Card* has saved me a lot of money on flights and hotels over the years. It was even CNET's best travel card and one of my personal favorites. But not anymore. Sadly, Chase recently removed my beloved 25% boosted redemption rate when booking travel through Chase Travel℠. Chase's Ultimate Rewards portal lets you redeem your points for travel, gift cards, experiences and even shopping. Sometimes, my points added up to a free round-trip flight, which was a game-changer. Chase replaced it with a Points Boost program, which offers a higher per-point value than the 25% bonus. Here's the catch: It's only for specific flights and hotels, and the deals periodically change. If you book travel for any other non-boosted offer, you'll earn a measly 1 cent per point. And I'm not happy about it. I guess you could say it's good that other money-saving card benefits are sticking around, like the $50 hotel credit and the 10% anniversary bonus points. But if I'm using more points to book with the new rewards program, the card and Chase travel portal both feel a lot less valuable. This big change might persuade me to swap cards. Let's walk through the program and figure out if the Chase Sapphire Preferred is still worth it for you. What is Chase's new Points Boost program? The new Points Boost program went into effect last month. However, any points earned before Oct. 26, 2025, can be redeemed under the previous rewards program for the next two years. But any points earned after Oct. 26 will be valued at up to 1.5 cents per point on select flights and hotels, and up to 1.75 cents per point on premium flights. However, the boosted offers will change. That can mean good savings if you're booking a first-class flight or find a good deal on a hotel, but the promise of a flat 1.25-cent redemption value regardless of the day or form of travel was an easy way for me to secure value. I'm glad I'll have two years to use my points as I have been. Points redeemed during this time will qualify for the Points Boost program, too. That gives some time to compare the value and savings. Why I'm not excited about Chase's Points Boost Chase's Point Boost feels like gambling for a travel deal. You may spend more points for the same deal you could get for less. Here's how the math shakes out. If I book an economy round-trip flight from Charlotte to New York's LaGuardia airport, I'll spend $179 or 14,316 points booking through the Chase portal. But if those points were redeemed at only 1 cent, I'd need 17,900 points. If I'm lucky enough to score a Points Boost offer that lets me redeem points at 1.5 cents per point for the flight, I'll need fewer points: 11,933. But the big question is, Will the offer apply when I'm ready to book, since offers are limited and can change? Where once there was certainty in landing a good deal, it now feels like it's up to Chase's whims to decide when I can earn more value and when I'll miss out. The Chase Sapphire Reserve's new annual fee isn't worth it, either The Chase Sapphire Reserve®* is Chase's premium travel card, and though it may seem like the next best choice if you're not happy with the CSP's changes, think again. The Sapphire Reserve could be worthwhile if you use the myriad of perks and annual credits attached to its steep $795 annual fee, but the Points Boost changes will apply to the CSR, too. Seeing that I'll run into the same problem with my points, the card's benefits and annual fee don't make sense for my wallet. I'm not breaking up with Chase yet, but it's complicated Although I don't like the new Points Boost program, it's not all bad. For example, I like that Marriott is a Chase travel partner, and I'm a fan of the card's travel insurance perks. But I'm on the fence. So is my colleague Evan Zimmer, a CNET money editor who's covered credit cards for eight years. He typically uses the Chase portal to book flights and has been able to score some savings. But he's not certain of his future with the CSP. "I'll keep the card for the foreseeable future, but the redemption changes certainly are making me reconsider it," he said. "I'll probably wait to see if I notice a big difference in savings." I'll likely do the same, but in the meantime, I'm shopping for new cards that are a better fit for my wallet and have a better redemption value than what Chase will give me, like the Capital One Venture X and the American Express Gold Card.
Vogue
09-07-2025
- Entertainment
- Vogue
It's Tom Holland's Turn in the Wimbledon Spotlight
Tom Holland may be able to do backflips and upside-down makeout scenes as Spider-Man, but no matter how hard he tried, the British actor couldn't land the coveted role of 'ball boy' at Wimbledon. Holland, who grew up in Kingston, just a short drive from the All England Lawn Tennis and Croquet Club, where the tournament takes place, tried out for the opportunity every year through his school. But he was never good enough at catching—or standing still—to make the cut. Tom Holland plays tennis with cardmembers during London Chase Sapphire Reserve Trip, designed by Chase Travel. Photo: Erik Melvin 'I was very sad about that,' he told a small crowd at the Chase Travel Court Club last weekend, where cardholders had the opportunity to meet Holland before attending the tournament. Still, he has fond memories of queuing up to watch the games. And besides: 'Because I'm an actor, I'm an attention seeker,' he said. 'So I would have been trying to make it all about me.' He certainly turned heads in a pink shirt at Center Court on Tuesday. But instead of Zendaya, his now-fiancée, who was the unofficial face of tennis last year after her Challengers performance, he brought his brother as his date. Of course, Holland was at the tournament to watch stars like Carlos Alcaraz compete for the trophy—and, apparently, ask them out for a round of golf—but he was also there to promote his non-alcoholic beer brand, Bero. 'It's no secret that I really struggled with alcohol and had an issue,' Holland said. In 2022, he got sober, but he couldn't find a non-alcoholic alternative to beer that 'scratched the itch.' So, he partnered with Bero that same year and worked closely with the company to create flavors that he'd not only enjoy at the pub, but also while watching sports like tennis.
CNBC
08-07-2025
- Business
- CNBC
Chase Sapphire Reserve for Business review: A $795 card with travel and business statement credits
The Chase Sapphire Reserve for BusinessSM (see rates and fees) is Chase's newest business card that brings premium benefits and uncapped rewards at a hefty price. While the card does carry an annual fee of $795, it can be offset by offering over $2,500 in value a year, from travel benefits to business tools. Here's a full review on the card so you can decide if it's a good fit for your business needs. On Chase's site On Chase's site Cardmembers can earn 200,000 points after spending $30,000 on purchases in the first six months of account opening Good to Excellent670–850 Flex for Business APR: 18.49% - 26.49% Variable $795 Earn 200,000 bonus points See rates and fees. Terms apply. Member FDIC. The Chase Sapphire Reserve for Business brings over $2,500 in value to business owners who value travel and premium experiencesNew Chase Sapphire Reserve for Business cardholders can earn 200,000 points after spending $30,000 on purchases in the first six months of account opening. Since Chase Ultimate Rewards® points are valued by experts at roughly 2 cents per point, this bonus can be worth up to $4,000, if you maximize it. The Chase Sapphire Reserve for Business comes loaded with premium statement credits and perks, totaling over $2,500 in value each year. There are a handful of additional credits after spending $120,000 in a calendar year on the card: On top of the pure value from statement credits, the Sapphire Reserve for Business has a handful of other features that could be useful: The Chase Sapphire Reserve for Business doesn't limit your maximum earnings in any of its reward categories and earns in the form of Chase Ultimate Rewards points. While these are fairly standard offerings for a business card, the fact that you can earn an unlimited 3X points on social media and search engine advertising could be a nice benefit for many businesses looking to increase their marketing reach. And the 4X points for flights and hotels booked directly can be a nice fallback if the options currently available through Chase Travel don't fit your needs. Chase Ultimate Rewards can be redeemed in several ways, including as statement credits or gift cards, but often the most value comes when you transfer them to one of Chase's 14 travel partners. The partners include 11 airlines and 3 hotels: One of the nice parts about transferring points with Chase is that all the points transfer at a 1:1 ratio, regardless of the partner you're moving points to. Which airline or hotel you ultimately choose will depend on where you're headed but some partners, like United MileagePlus and World of Hyatt, offer more options. The Sapphire Reserve for Business will also be a part of Chase's new Points Boost feature. This allows Reserve cardholders to redeem their rewards for up to 2X when booking select top hotels and flights through Chase Travel. The Chase Sapphire Reserve for Business has one of the highest annual fees at $795. There are no foreign transaction fees. Here's how the Sapphire Reserve for Business stacks up against other premium business travel cards. On the American Express site On the American Express site The Business Platinum Card from American Express' welcome bonus is one of the most valuable offers available right now. Good to Excellent670–850 18.49%-29.24% Variable $695 Welcome Offer: Earn 150,000 Membership Rewards® points See rates and fees, terms apply. Read our Amex Business Platinum review. The Business Platinum Card from American Express is a premium business card loaded with statement credit offers for business services and travel that help justify its steep annual Business Platinum Card® from American Express offers a similar format to the Sapphire Reserve for Business card, with a lot of the value tied to statement credits. With a slightly lower annual fee of $695 (see rates and fees), Amex's Business Platinum Card offers a flat 1.5X points on eligible purchases in several key business categories, or purchases of $5K or more. The card offers over $2,000 in travel and business value each year, and it provides complimentary access to over 1,400 airport lounges globally, including The Centurion Lounge. Information has been collected independently by CNBC Select Information has been collected independently by CNBC Select Excellent740–850 N/A $395 Earn up to 150,000 bonus miles Terms apply. Information about the Capital One Venture X Business Credit Card has been collected independently by CNBC Select and has not been reviewed or provided by the issuer of the card prior to publication. The Capital One Venture X Business Credit Card has all the benefits you expect with a premium business card, including flexible travel rewards, airport lounge access and travel insurance. If you're interested in a business travel card with a lower annual fee, the Capital One Venture X Business Credit Card could be a good option. The card's annual fee is only $395, which is $400 less than the Sapphire Reserve for Business, plus you'll earn an unlimited 2X miles on every purchase. The Venture X Business offers complimentary access to Priority Pass lounges, an annual $300 credit for bookings through Capital One Travel and the option to transfer miles to one of Capital One's 15+ travel partners. The Chase Sapphire Reserve for Business is a great card for business owners who are looking for a premium travel card. The card comes with a high annual fee and some larger spending requirements to meet additional bonuses, but worth it if you'll use the credits and perks. It's also great for businesses looking to extend their digital footprint and earn 3X points on social media and search engine advertising. 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 review 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.
Travel Weekly
23-06-2025
- Business
- Travel Weekly
Chase Travel Group
2024 sales: $11.3 billion Previous ranking: 7 Employees: 5,000 383 Madison Ave. New York, NY 10179 Phone: (212) 270-6000 Website $11.3 billion5,000383 Madison York, NY 10179Phone: (212) 270-6000 Executives CEO, JP MORGAN CHASE: Jamie Dimon CEO, CONSUMER & COMMUNITY BANKING, JPMORGAN CHASE: Marianne Lake CEO, CARD & CONNECTED COMMERCE, CHASE: Allison Beer CEO, CONNECTED COMMERCE, CHASE: Peter Muriungi CEO, CHASE TRAVEL GROUP: Jason Wynn CEO, FROSCH BY CHASE TRAVEL: Bryan Leibman CHIEF PRODUCT OFFICER, CHASE TRAVEL GROUP: Danielle Serban HEAD OF LODGING AND EXPERIENCES, CHASE TRAVEL GROUP: Rena Shah COMPANY FACTS * Publicly held company. * A global full-service travel provider of JPMorgan Chase & Co., a financial services firm. * Comprises Chase Travel, Frosch by Chase Travel, VWT (formerly Valerie Wilson Travel) by Chase Travel and Chase Travel Corporate Solutions. * Works with 700 independent contractors. * Frosch by Chase Travel is a member of the Signature Travel Network, and VWT by Chase Travel is a member of Virtuoso. DEVELOPMENTS * Launched its luxury lodging program, The Edit by Chase Travel, featuring more than 1,100 properties. * Introduced benefits for Sapphire Reserve cardmembers, including Reserve Travel Designers, who offer complimentary services. * Launched All-Access trips to peak cultural moments such as Miami Art Week and the Holi Festival in India. A three-day itinerary will take place in London in July exclusively for Chase Sapphire Reserve cardmembers. * Expanded Chase Sapphire's airport lounge program with locations in San Diego, Phoenix and Philadelphia, with two slated to open in Las Vegas and Los Angeles. * Launched pop-up lounge programs with marquee lodging partners such as Las Vegas' Aria Resort & Casino and Estelle Manor in Oxfordshire, England. * Continued to expand its business by integrating acquisitions, such as Frosch and Valerie Wilson Travel, into the Chase Travel Group ecosystem and attracting highly experienced independent advisors.
