Consumer Payment Card News

Sapphire Cards

A real gem of a card is entering the market this summer offering
premier travel benefits, premium customer service, the “Ultimate Rewards” program as well as enhanced identity theft protection and upgraded purchase protection. The new “Chase Sapphire” rewards cardholders with one point for every dollar spent on the card; double points on airfare purchased through the “Travel Booking Tool”; and up to 10 bonus points per dollar from 300 merchants featured at the “Ultimate Rewards Mall.” With the new “Sapphire” card featuring “Ultimate Rewards,” the points awarded never expire, there is no cap on points earned and there are no blackout dates for airline travel redemptions. The card is available without an annual fee or for $95 per year you can upgrade to the “Chase Sapphire Preferred” which enables cardholders to transfer points at full value to the industry’s top frequent flyer and hotel programs; a 25% bonus when points are used to book flights through “Ultimate Rewards”; plus 10,000 bonus points when $50,000 per year or more is purchased on the card. Additionally, the new card is offering 10,000 bonus points after the first purchase for the “Sapphire” and 25,000 bonus points after the first purchase for the “Sapphire Preferred”. Both cards carry an interest rate for purchases of the Prime Rate plus 6.99%. For more information visit: “”:

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