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Chase is upgrading the rewards and benefits of its popular Sapphire-branded travel credit cards, making them even more enticing in an era of ever-growing incentives.
The updates, which start Aug. 16, 2021, apply to:
Both cards' annual fees will remain the same: for the Sapphire Preferred and for the Sapphire Reserve.
Here are some of the most significant changes:
The , in particular, was once a leader among . But over time, its rewards fell behind the market. This refresh, along with a monster sign-up bonus, vaults it back among the best that consumers can get in the $100-ish annual fee price tier:
The is also hiking rewards rates, although it's not adding as much in the way of new perks.
Chase also announced three locations that will feature new Chase-branded airport lounges:
Opening dates and additional lounge details will be announced later, Chase said. Lounges will be open to cardmembers, as well as members of Priority Pass.