Chase launches AMEX rival with the Sapphire card

phillian

New member
Dec 1, 2008
462
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Formerly Philly
FYI:

Chase took out a full page color ad in the Weekend section of the WSJ today advertising it's new Sapphire card. Apparently you can get it in either Visa or Mastercard formats.

Perks:
- No preset spending limit
- NO ANNUAL FEE (Preferred Saphire card has a $95 fee, but still nothing compared to AMEX)
- "Pay Yourself Back with a credit to your statement. Credits begin at 2,500 points for $25. Or use points for a cash-back rewards check starting at 5,000 points for $50."
- No blackout dates ever on reward travel or points
- 10k-15k points to sign up / Points never expire / 1 pt for every dollar you spend

Luxurist compares Chase Sapphire & AMEX Black:
Is Sapphire The New Black?

Bloomberg write-up:
JPMorgan Takes Aim at Affluent Customers With Sapphire Card - Bloomberg.com

Another option for you affiliate ballers out there.
 


I wish we had those cards over here. With a platinum card you've already gained baller status over here... plus I don't get any rewards on my USD spendings. FAIL.
 
Are you talking about the Amex IDC? The problem is they don't get nearly as much accepted as master cards or visas over here...
 
I'm actually seriously considering this card. I don't want the black card because the fee doesn't make sense to me (I don't travel enough), but this looks legit.