Chase Sapphire Competitors

Chase introduced the chase sapphire preferred card in 2009.

Chase sapphire competitors.

Folks with the chase sapphire preferred can redeem their ultimate rewards points in a number of ways. The premium credit card rewards landscape keeps getting more and more competitive. Create a perceptual map that includes the chase sapphire reserve and two external competitors amex and citi from the perspective of the sapphire reserve target market 15 points. The chase sapphire reserve and the the platinum card from american express are two of the most popular premium credit cards.

On the bright side it offers an initial bonus worth 750 as well as the points equivalent of 4 5 cash back on travel and dining. Chase s january 2020 announcement that it was raising the annual fee on the sapphire reserve by 100 and adding new benefits with lyft and doordash has heightened the competition as has united s decision to launch the united club infinite card to replace the old united club card. But lately we ve seen several other incredible cards both introduced and refreshed. Sapphire reserve also gives you a 300 annual travel credit and complimentary access to a network of 1 000 airport lounges.

The capital one venture rewards credit card showed up in 2010 and the citi double cash card 18 month bt offer launched in 2014. A couple of years ago the chase sapphire reserve card was introduced which sort of became the undisputed most lucrative rewards credit card. Both cards come with benefits and rewards that can more than make. Its 95 annual fee is more reasonable than that charged by many of its direct competitors.

An annual travel credit can effectively bring down the annual cost of holding a premium credit card but as you ll see below the usefulness of this benefit varies quite a bit from card to card.