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CNBC
4 days ago
- Business
- CNBC
New Chase Sapphire Reserve for Business has a 200,000-point welcome bonus, tons of travel perks
The coveted Chase Sapphire Reserve brand just gained its business partner. The new Chase Sapphire Reserve for Business maintains the premium travel perks that Sapphire users are accustomed to, offering over $2,500 in annual value for business owners and entrepreneurs on the go. Plus, the card launched with a pretty favorable welcome bonus: Earn 200,000 points after spending $30,000 on purchases in the first six months of account opening. Here's what else you can expect with the new Sapphire Reserve for Business. 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 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 experiencesThe Sapphire Reserve for Business is Chase's first business card in the Sapphire line; it joins the Sapphire Preferred and the Sapphire Reserve. While Chase currently offers business credit cards with its Chase Ink line, the Sapphire Reserve for Business is focused on providing more premium offerings. You can think of it as a sort of direct rival to Amex's Business Platinum Card and Capital One's Venture X Business. The Sapphire Reserve for Business' $795 annual fee makes it one of the most expensive business cards on the market. Its benefits can make it worth it, though, offering over $2,500 in annual value, and the 200,000-point welcome offer for spending $30,000 over the first six months is generous for businesses that can reach that threshold. Additional employee cards are available at no cost. While they have the same purchase and travel protections, they don't have the higher-tier benefits like lounge access or hotel rewards status. With a focus on statement credits balancing out the relatively large $795 annual fee, the Sapphire Reserve for Business is following a similar path to other premium credit cards. For prospective cardholders wanting to maximize the card's value, it's important to make sure those credits fit your travel and business needs. Some of the statement credit categories, like DoorDash and can be used as for employee appreciation, and Google Workspace contains a suite of AI-powered tools for your business. The Sapphire Reserve for Business will earn you elevated earnings in the following categories: Some of these categories are available with other Chase business cards, such as with the Ink Business Preferred® Credit Card (see rates and fees), offering 3X points on advertising and 5X points on Lyft rides. But the Sapphire Reserve for Business stands out by having no cap on advertising spend, plus the 4X points on flights and hotels booked directly is a decent rate of return for frequent business travelers and serves as a good alternative if you can't find what you're looking for via Chase Travel. The Sapphire Reserve for Business has over $2,500 in annual value for business owners, including credits for travel as well as credits that can help run a company. The value is pretty evenly split, with over $1,300 in travel perks and more than $1,200 toward business expenses. 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. This benefit is not available for employee cardmembers. Purchases that qualify will not earn points. After spending $120,000 in a calendar year, you'll unlock the following additional benefits: The Sapphire Reserve for Business will also be adopting the new Points Boost accelerator, which will allow cardholders to redeem their Ultimate Rewards® points for up to 2X value on select airline tickets and hotels booked through Chase Travel. Otherwise, it's a fixed 1 cent per point. 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.
Mint
17-06-2025
- Business
- Mint
Chase Sapphire Reserve Credit Card gets a huge facelift: Benefits, annual fees, how to get it
Chase Sapphire Reserve Credit Card: America's largest credit card issuer Chase announced major changes to its Chase Sapphire Reserve card on Tuesday. Popular among credit card enthusiasts who like to collect points as well as travel enthusiasts, this credit card issued by JPMorgan Chase & Co will now offer extended benefits to its customers – perhaps making it the best one for those who like to travel. How to get Chase Sapphire Reserve credit card? Chase Sapphire Reserve credit card is one of the best credit cards for points enthusiasts. And while there is no official word from the company about what exactly is required to get this coveted card, your credit score should be good enough to get a hold of it. Earnings also matter when you apply for any credit card. In this case, it can be assumed that like all other credit cards, the Chase Sapphire Reserve credit card requires you to earn enough to cover the annual fee and the credit line. You may be denied a Chase credit card if you've opened five or more credit cards in the previous 24 months, according to a report by CNBC. Also Read | American Express to make largest ever investment in Platinum Credit Cards Chase Sapphire Reserve benefits With the new look, Chase has unveiled added benefits for its Sapphire Reserve credit card. It has also unveiled a Sapphire Reserve for Business card for customers who spend $120,000 a year. Customers who book their flights within the Chase Travel portal now earning 8x Ultimate Rewards points, up from 5x previously. You can also earn 8x rewards on bookings for hotels, rental cars, cruises, activities, and tours. If you book flights and hotels with the companies' portals through Chase Sapphire Reserve credit card, you can earn 4x reward points, instead of the current 3x. However, dining purchases will keep earning 3x reward points through the Chase Sapphire Reserve credit card. The perks further include a credit at a new online store called Shops at Chase. Cardholders will further get special status at IHG Hotels & Resorts and Southwest Airlines. A new feature called Points Boost, which is set to launch on June 23 for existing cardholders, raises the value of each point from 1.5 cents to 2 cents per point on certain specific airline routes. Also Read | THESE 6 credit cards are a good bet for shoppers, check list here Chase Sapphire Reserve credit card fees With all the benefits in place, the annual fees of the Chase Sapphire Reserve credit card has gone up markedly.
Time of India
17-06-2025
- Business
- Time of India
Sapphire Reserve: Amex, JPMorgan Chase tease major updates amid intensifying credit card battle
Sapphire Reserve, Amex rivalry Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The Chase Sapphire Reserve is getting a major update and it's coming at a higher cost which includes a higher annual fee of $795. Chase is also launching the Chase Sapphire Reserve for Business card as a premium luxury business travel card, reports Bloomberg as part of an overhaul marking the biggest US bank's latest volley in the ultra-competitive world of premium credit cards JPMorgan Chase on Tuesday unveiled an update to its premium credit card, which will now carry a $795 annual fee, a 45% jump from its previous level. The development at a time when American Express teased updates coming later this year to its travel-focused Platinum credit cards, announcing what it called its 'largest investment ever' in a credit-card long-running rivalry between the country's top premium credit cards is about to heat up again. While JPMorgan Chase announced last week that a revamp of its popular Sapphire Reserve card — known for its travel and dining perks since its viral 2016 debut — is on the also is now offering complimentary subscriptions to Apple's (AAPL) Apple TV+ and Apple Music through June 22, 2027; up to $300 annually in DoorDash (DASH) credits; up to $300 annually in StubHub credits for concert and event tickets; and up to $500 annually in hotel credits for some prepaid bookings made through The Edit by Chase response, American Express revealed Monday that significant updates are planned for both its consumer and business Platinum cards later this year. Though details remain scarce, the company described the upcoming changes as its most substantial investment in a card refresh to date.'We're going to take these cards to a new level, not only in what they offer in travel, dining and lifestyle benefits, but also in how they look and feel,' Howard Grosfield, Amex's group president for US consumer services, said in a statement raised its Platinum card annual fee to $695 in July 2021, when it also added $200 in annual hotel credits. Since then, the New York-based company has faced intensifying competition for premium credit-card customers, including from JPMorgan Chase & Co.'s Sapphire Reserve card and Capital One Financial Corp.'s Venture X Rewards Express was a trailblazer in the premium credit card market, introducing cards that combined travel and hotel perks with access to its exclusive airport lounges. That dominance was challenged in 2016 when JPMorgan disrupted the space with its Sapphire card, offering a generous sign-up bonus and a range of attractive analysts expect the rivalry to intensify, with both companies likely expanding their offerings in travel, dining, and experiences—while also potentially increasing annual fees, a trend seen in recent the Amex Platinum card carries a $695 annual fee, compared to $550 for the JPMorgan Sapphire has surfaced on Reddit and other online forums that JPMorgan may raise the Sapphire's annual fee to $795, though a company spokesperson declined to address the to Grosfield, the updated Platinum card is scheduled to debut this fall.
Zawya
22-04-2025
- Business
- Zawya
Vodafone Oman opens first-ever business hub to power the next phase of business growth
Muscat – Marking a new chapter in its journey to reshape business connectivity, Vodafone Oman opened its first-ever Business Hub in the Sultanate at Active Oman. Building on the momentum of its successful entry into the enterprise segment in 2024, the purpose-designed Hub offers SMEs and corporates access to tailored telecom solutions and value-added services, all under one roof. The new space represents a physical extension of Vodafone Oman's connected tech-telco ecosystem, created to simplify how businesses interact with their telecom partner. From onboarding and consultations to services and support, the Hub brings together digital convenience and in-person expertise, enabling businesses to navigate their growth journeys with greater clarity, speed, and confidence. Eng. Mohammed Al Alawi, Head of Enterprise at Vodafone Oman, said: 'As Oman's business landscape evolves, so do the expectations of its enterprises. Today's companies, especially SMEs, are looking for more than just connectivity; they want simplicity, speed, and partners who understand their needs. The Business Hub is one way in which we are ensuring that we continue to be part of our customers' growth every step of the way.' The new Hub brings together Vodafone's full portfolio of enterprise services from advanced connectivity and mobility to cybersecurity and IoT. Business customers can explore BLACK for Business postpaid plans, Makani Internet, MaxImpact Messaging for bulk campaigns, Mobile Private Network (MPN), as well as tailored ERP and IoT solutions, all designed to scale with evolving business needs. More than just a customer touchpoint, it is the first-of-its-kind to integrate government-related services for business customers, including SANAD service counters, making it easier for customers to complete key administrative processes in one place. Vodafone has also joined hands with partners like Oman Automobile Association, Action Point, and Strike Padel to deliver exclusive experiences, positioning the Hub as a space that supports operational needs while fostering a culture of collaboration and innovation. As part of this collaboration, business customers will benefit from a range of limited-time offers and curated activations, adding tangible value to their experience from day one. For More information, contact: IDENTITY E: latest@
