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Via FlyerTalk, there are rumors of an exciting new Chase travel credit card that may be released within the next month. This is NOT official or confirmed!
While many details are not yet available, Chase filed a trademark application in June 2016 for the card name Sapphire Reserve. And folks on say the new card could have a 100,000 Chase Ultimate Rewards point sign-up bonus!
I’ll share what I know at this point!
Potential New Chase Sapphire Reserve Card
Folks on Reddit and FlyerTalk are saying the new card will be an upgraded version of the Chase Sapphire Preferred card. There are rumors it’ll be called the Chase Sapphire Reserve or Chase Sapphire Elite. And that it’ll be open to sign-ups on August 21, 2016.
This could be a great time for Chase to offer a new card with extra benefits following the announcement of negative changes to the Citi Prestige.
There’s no word yet if card applications will be impacted by Chase’s stricter application rules.
If you’ve opened ~5 or more credit cards from any bank (excluding certain business cards) in the past 24 months, it’s unlikely you’ll be approved for most Chase cards.
I’ll be sure to update y’all when I find out more!