Is the Chase Sapphire Reserve still worth its keep? And other top news this week
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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 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.
The Iranian government announced Saturday that its military was responsible for accidentally shooting down a Ukrainian commercial plane Wednesday.
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.
Everything went askew for TPG’s Summer Hull and family, right as their winter vacation came to an end.
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.)
In case you missed the memo, Amex airline credits no longer work for gift cards with any airline.
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.”
Despite this week’s volatile international headlines, most tourist destinations are perfectly safe to visit.
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.
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.
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WELCOME OFFER: 60,000 Points
TPG'S BONUS VALUATION*: $1,200
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.
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases.
- 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases.
- Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
- With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
- Earn 2x total points on up to $1,000 in grocery store purchases per month from November 1, 2020 to April 30, 2021. Includes eligible pick-up and delivery services.