Chase recently announced that the Chase Sapphire and Reserve credit cards will be receiving a couple of new travel perks. Although these changes are small, the long-term effect could generate a decent return for dedicated card holders.
As of today, the Chase family of partners has expanded to include both Aer Lingus’ AirClub and Iberia’s Iberia Plus Programs. Sapphire and Reserve card holders can now transfer rewards points towards these programs.
It should be noted that in the past, Aer Lingus and Iberia partnered with British Airways, a Chase legacy partner, to allow for a customer to book flights and hotels using Chase points. Thus, this change has simplified the agreement to make it more streamlined for the average consumer.
Currently, the card has a modest portfolio of nine airline partners and four hotel partners, all of which you can transfer your point balance to their reward programs. For many in the industry, this change has indicated a shift in thinking at Chase and might mean the company is moving to competing with AMEX for business travelers.
In addition, Chase also announced that their co-branded cards with Marriott and Slate will now be offering rebate programs. These rebates come from mainstream retailers such as Whole Foods and Lowe’s and will provide those customers with a more rounded credit card with both rebates and points.
For Chase consumers, this is great news. Several high-end cards gaining flexibility should be a good thing for anyone looking to get the most out of their rewards. Further to this, the changes to both the co-branded cards will allow current consumers with those cards added benefits that they can utilize without reapplying.
Author: Andrew Rombach
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