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Chase Marks Sapphire Reserve Card's 10th Anniversary With New Perks and Sweepstakes

The bank is offering new statement credits and a grand prize of 5.5 million points to celebrate a decade of its premium travel card.

· 2 min read · language: en
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CNBC — Top News

Chase is celebrating the 10th anniversary of its Sapphire Reserve credit card with a promotional campaign that includes new statement credits and a sweepstakes offering a grand prize of 5.5 million points, according to CNBC Select.

The Sapphire Reserve, a premium travel rewards card, launched a decade ago and has since become one of the more prominent cards in the travel rewards category, CNBC Select reported.

As part of the anniversary celebration, Chase is introducing new credits for cardholders, though specific terms of those credits were not detailed in the available excerpt. The centerpiece of the promotion is a sweepstakes in which one winning cardholder will receive 5.5 million points, an amount the report suggests could be used to fund a large-scale trip, such as recreating a favorite vacation.

Chase did not immediately provide additional details on eligibility requirements, the value of the 5.5 million points in dollar terms, or the timeline for the promotion beyond what was described in the source material.

The Sapphire Reserve card has historically carried an annual fee and offers benefits including travel credits, airport lounge access, and elevated point earning rates on travel and dining purchases, features common among premium travel rewards cards in the market.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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