By admin 
It has been rumored for months, and the day is sort of right here.
Chase confirmed Monday that it’s going to launch a completely refreshed Chase Sapphire Reserve® card and an all-new enterprise model of the Sapphire Reserve card within the coming weeks.
The official timeline is “this summer season,” which kicks off Friday, June 20.
The issuer launched a advertising marketing campaign round New York Metropolis on Monday to tease the brand new playing cards, and it additionally took to its social media channels to indicate off an image of the newly designed Sapphire Reserve card, which admittedly appears much more premium than the prevailing model.
It is doable that Chase may be able to launch the playing cards proper at the beginning of the summer season season to capitalize on all the excitement round summer season journey — particularly for the reason that card design is finalized — however we’ll have to attend and see when the playing cards really launch.
Moreover, the issuer would not tease any additional particulars concerning the adjustments coming to the favored Sapphire Reserve card, nor wouldn’t it point out what’s coming with the Sapphire Reserve enterprise card — however when you’ve been following the rumors, you may be gearing up for some massive adjustments.
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To start out, all indicators level to an annual price enhance. Proper now, the Sapphire Reserve costs a $550 annual price, however card refreshes have a tendency to return with price hikes.
In fact, we’ll have to attend and see the complete particulars to know whether or not the Reserve’s price will surpass the annual charges on the top-of-the-line bank cards from Capital One ($395 on the Capital One Venture X Rewards Credit Card) and American Specific ($695 on The Platinum Card® from American Express; see rates and fees).
We have additionally seen a pattern with Chase and different issuers updating playing cards with new way of life perks and assertion credit to offset price will increase, and we’ll discover out sooner moderately than later whether or not that technique is a core a part of this refresh and new card launch.
For individuals who at present maintain the Sapphire Reserve or are contemplating signing up for a brand new one, I would suggest ready to see what Chase publicizes earlier than making any strikes. Card issuers usually give customers at the very least just a few days to contemplate a brand new bundle of advantages earlier than rolling out main adjustments, and I would be stunned if Chase introduced the brand new playing cards with out giving any heads-up to present customers.
New playing cards may even probably usher in new welcome bonuses, so we’ll be preserving our eyes peeled for what Chase has up its sleeve this summer season.
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For charges and costs of the American Specific Platinum card, click on here.