Fourth update:Â 50% Off Chase UR Redemption, Lounge Access Type + Card Design
- Sign up bonus of 100,000 Chase Ultimate Rewards points, unknown minimum spend requirement
- Card will ear the following rates:
- 3x points on travel & dining purchases
- 1x points on all other purchases
- Annual fee of $450
- Authorized user fee of $75
- $300 annual travel credit for travel purchases charged to the card
- No foreign transaction fees
- Complimentary lounge access at over 900+ lounges (this indicates it’s a Priority Pass Select membership)
- Points will be transferable to Chase travel partners (we didn’t already know this, but it was assumed since the lower annual fee Chase Sapphire Preferred does this)
- Global Entry or TSA PreCheck credit of up to $100
- 50% bonus when redeeming points through Chase Ultimate Rewards for airfare, hotels, car rentals and cruises
- Visa Infinite
Third update: It’s rumored the following will be true:
- $450.00 Annual Fee
- 100K UR Sign up Bonus
- $300.00 Airline Credit
- Priority Pass Select
- 3X Points Travel
- 3X Points Dining (Yes 3X for Dining)
- Visa Infinite
Second update: It will be a Visa Infinite card
Update: An unnamed reader has some more information (and has had good information in the past).
- The Sapphire Elite card will enter the market as a competitor to high end/premium travel cards like AMEX Plat and Citi Prestige. Expect an annual fee to match those cards or be in the same ballpark
- The card will come with a 100k UR Point sign up bonus. Unclear on minimum spend needed to meet this requirement
- Expect benefits to match AMEX Plat/Citi Prestige. Unclear on exact details
- Exact earning structure unclear
- Unclear if AF will be waived first year
- Card will be launched on August 21st, 2016
I’ve heard rumblings about a new premium Chase card recently (although without any specifics worth posting), but Flyertalk user mvcore just posted about a new premium card from Chase that would be coming in the next couple of months. This is backed up by the fact that Chase has a trademark for ‘Sapphire Reserve’ (and TravelPlus & Unlimited). Details are sparse at the moment about the exact specifics, but this is what is rumored currently:
- Annual fee of $300-$400
- Card earns 3x Chase UR on travel purchases
- Will be made via bonded metal (e.g same as the Chase Sapphire Preferred)
I’ll see if I can find out more details via my source, but feel free to discuss what we currently know in the comments (as well as any rumors/information you know or even benefits you’d like to have). Obviously most readers won’t be able to get this card due to the Chase 5/24 rule, although there are some ways around this restriction (you should also be able to product change to this card but obviously you won’t get the sign up bonus).
