Consumer expectations are escalating, seemingly, each and every day. It’s up to brands to keep up with the demand to ensure customer engagement and customer loyalty.
Chase Card Services, a division of JPMorgan Chase & Co., recently launched the Chase Sapphire Reserve credit card – the newest addition to the luxury credit card market. Chase Sapphire Reserve joins the suite of Chase Sapphire’s premier rewards cards and sets a new standard for credit card benefits, including 3X points on a wide range of travel and dining purchases, flexible redemption options, and valuable travel credits.
It was through listening to its customers that the Chase Sapphire Reserve credit card was launched.
“We know our customers love the Chase Sapphire Preferred card, and with Reserve, we are taking it to the next level,” Chase spokesperson Ashley Dodd told Loyalty360. “Our customers have high expectations and we meet them not only with rich rewards value and flexibility, but also the level of service and access to the experiences they desire.”
The Chase Sapphire Reserve card offers worldwide rewards on a broad list of travel purchases – from the more traditional airfare and hotels, to the less traditional taxis, trains, and travel within the “sharing economy.” The new card will be on the Visa Infinite platform - the most premium credit offering from Visa, offering the highest level of service, features and benefits that uniquely appeal to affluent card holders.
“The Sapphire Reserve card offers worldwide rewards and a wide-range of benefits, including 3x points on travel and dining purchases worldwide,” Dodd added. “Plus, points are worth 50% more when you redeem for travel through Chase Ultimate Rewards, and cardholders enjoy a $300 annual travel credit. The card goes beyond great points value to also offer card member VIP access to unique experiences such as behind the ropes access to award shows and exclusive dining events. From the premium travel benefits and rewards redemption flexibility, to elite access and 24/7 direct access to Chase Sapphire Reserve Customer Service Specialists, Sapphire Reserve is designed to enhance the overall experience of the card holder.”
Chase Sapphire Reserve card members earn 100,000 bonus points after spending $4,000 in the first three months – the highest premium currently offered through a Chase credit card. This is equivalent to $1,500 when redeemed for travel through Chase Ultimate Rewards.
Wide range of Chase Sapphire Reserve benefits
Premium Rewards – Worldwide
3X points per $1 spent on travel and dining purchases worldwide
1X points per $1 spent on all other purchases
$300 annual travel credit as reimbursement for travel purchases
$100 application fee credit for Global Entry or TSA Pre✓®
No foreign transaction fees
Maximum Redemption Value and Flexibility
Points are worth 50% more when redeemed for airfare, hotels, car rentals and cruise lines through Chase Ultimate Rewards – 100,000 points are worth $1,500 toward travel
1:1 points transfer to leading airline and hotel loyalty programs
Elite Access
Priority Pass Select membership providing access to 900+ airport lounges in over 400 cities worldwide for card members and their travel companions
24/7 direct access to Chase Sapphire Reserve Customer Service Specialists
Special car rental privileges from National Car Rental, Avis and Silvercar
Elite hotel benefits at Relais & Châteaux and special benefits at top hotels and resorts worldwide with The Luxury Hotel & Resort Collection
Elevated access to Chase Sapphire events and experiences
The card has a sleek, modern design with embedded metal. There is a $450 annual fee and a $75 annual fee for each authorized user.