Chase is the latest bank to offer enhancements, with a slate of positive changes to the Ultimate Rewards program and Sapphire card family. GettySpend Ultimate Rewards Where You’re Currently ShoppingUltimate Rewards, offered with the Chase Sapphire Preferred and Chase Sapphire Reserve personal cards as well as the Ink Preferred Business Card, are valuable partly due to the ability to redeem them for a bonus in the Ultimate Rewards travel portal. Sapphire Reserve cardmembers will earn 5 Ultimate Rewards points per dollar and Sapphire Preferred will earn 3 Ultimate Rewards points per dollar on all Instacart delivery and pickup orders—up to $3,000 in spend across the three months. Sapphire cardmembers will earn 5 Ultimate Rewards points for Reserve and 3 Ultimate Rewards points per dollar for Preferred at gas stations—on up to $1,500 in spend across the three months. Sapphire Reserve Annual Fee Rebate Extended to All CardmembersIn January, Chase announced that the annual fee for Chase Sapphire Reserve would increase from $450 to $550, starting with renewals on April 1, 2020.

Source: Forbes June 30, 2020 13:30 UTC