Rumor: 100,000 Chase Ultimate Rewards Point Sign-Up Bonus With New Card Coming Soon!
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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
Link: Why Chase Ultimate Rewards Is My Favorite Points Program
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.
Perks are expected to be similar to the AMEX Platinum and Citi Prestige. This new Chase card will have an annual fee of ~$300 or ~$400, which is similar to premium cards from other banks.
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!
Chase Sapphire Preferred® Card
Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash’s subscription service. Activate by 12/31/21.
Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Intro APR on purchases
N/A
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Rates & Fees
Other
MORE INFO
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