Is the Chase Sapphire Reserve still worth its keep? And other top news this week

Jan 11, 2020

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Each Saturday, we round up the top miles, points and travel news that you might have missed on TPG this week. Here’s what you need to know:

Chase increases Sapphire Reserve annual fee, adds bonus perks

(Photo by The Points Guy)
(Photo by The Points Guy)

Chase announced significant changes to its popular Sapphire Reserve premium credit card this week, including a $100 annual fee increase. Here’s everything you need to know about upgrading from the Chase Sapphire Preferred Card; the new Lyft Pink membership included for CSR card holders; and up to $120 in food delivery credits.

If you’re looking for a replacement credit card, the $550 The Platinum Card® from American Express (see rates and fees) is our top pick for a premium card, while the $95 Chase Sapphire Preferred is the perfect downgrade alternative.

BREAKING: IRAN SAYS IT SHOT DOWN UKRAINIAN JET

This picture shows a Boeing 737-800 of the Ukraine International airline on September 24, 2019 at the airport in Duesseldorf, western Germany. (Photo by INA FASSBENDER / AFP) (Photo by INA FASSBENDER/AFP via Getty Images)
A Boeing 737-800 of the Ukraine International airline. (Photo by INA FASSBENDER / AFP) (Photo by INA FASSBENDER/AFP via Getty Images)

The Iranian government announced Saturday that its military was responsible for accidentally shooting down a Ukrainian commercial plane Wednesday.

Earn up to 75,000 Southwest Rapid Rewards with this limited-time offer

(Photo courtesy of Southwest.)
(Photo courtesy of Southwest.)

This is the highest offer we’ve ever seen on a Southwest personal credit card sign up, and it’s available for all three personal credit cards. Furthermore, the sign-up bonus is really easy to attain: Earn 40,000 Rapid Rewards points after spending $1,000 within the first three months of credit card ownership, and an additional 35,000 points after spending a total of $5,000 within the first six months of card ownership.

It’s also worth seeing if you may have also been targeted for complimentary Southwest elite status.

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How an Aspen ski trip ended up with my kids in the police station

Photo by Summer Hull for The Points Guy

Everything went askew for TPG’s Summer Hull and family, right as their winter vacation came to an end.

Here’s how you can earn Delta elite status with a single flight

(Photo by The Points Guy)
(Photo by The Points Guy)

And existing Delta Medallions, rejoice: Your 2019 MQMs roll over. But some of you may have had a tough week with sudden elite status that was taken away as quickly as it came.

AA and Citi remind us all to play by the rules when it comes to points and miles

Wallet with cash and credit cards
Photo by Shutterstock.

Some card holders who exploited a sign-up bonus loophole have gotten a slap on the wrist. Here’s what the punishment means. (It’s also a good time to remind everyone not to hoard points and miles.)

Now’s the time to change your Amex airline selection for the year — if you want to.

A traveler walks through the main hall at Ronald Reagan Washington National Airport in Arlington County, Virginia, 3 miles (5 km) south of Washington, DC 24, 2017. / AFP PHOTO / Daniel SLIM (Photo credit should read DANIEL SLIM/AFP via Getty Images)
Photo by DANIEL SLIM/AFP via Getty Images

In case you missed the memo, Amex airline credits no longer work for gift cards with any airline.

Boeing 737 MAX Update: Lion Air initially considered simulator training for its pilots

RENTON, WA - MARCH 14: Boeing 737 airplanes are seen outside the company

The revelation is just one of a number of damning statements buried within internal Boeing communications which were handed over to Congress in December 2019. One document included an employee confession: “I still haven’t been forgiven by god for the covering up I did last year.”

Related: Here’s the latest on the Boeing 737 MAX

Here’s what you need to know about traveling to the Middle East right now

Teebank/Getty Images
Teebank/Getty Images

Despite this week’s volatile international headlines, most tourist destinations are perfectly safe to visit.

The 6 best airline award chart sweet spots

(Photo by JT Genter/The Points Guy)
(Photo by JT Genter/The Points Guy)

Learn how you can fly the last reasonably-priced Emirates first class using JAL points, and discover five other hidden gems that won’t cost you your entire points stash.

Related: Here’s why you shouldn’t hoard points and miles

Talking Points: Everything you need to know about getting into the points and miles game

Benét Wilson, TPG’s credit cards editor, sat down with the Talking Points team to discuss Credit Cards 101. Learn all about how to understand your credit score, about sign-up bonuses and about how you can book yourself one of those gold-studded first class thrones in the sky with little to no cash out of pocket.

For rates and fees of The Platinum Card® from American Express, please click here.

Featured photo by The Points Guy.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points

TPG'S BONUS VALUATION*: $1,600

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
  • 2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Intro APR on Purchases
N/A
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.