Chase Card Services, a division of JPMorgan Chase & Co. announced Chase Sapphire Reserve credit card for the luxury credit card market. The card business is based in Wilmington.
Chase Sapphire Reserve joins the suite of Chase Sapphire’s cards.
Features include three times points on a wide range of travel and dining purchases, flexible redemption options and travel credits.
“Our customers love Chase Sapphire, so we’re taking it to the next level,” said Pam Codispoti, president, Chase Branded Cards. “We’re giving our customers more rewards, benefits and the opportunity to unlock one-of-a-kind travel and dining experiences to enrich their lives. The Chase Sapphire Reserve card offers worldwide rewards on a broad list of travel purchases – from the more traditional airfare and hotels, to the less traditional taxis, trains, and travel within the “sharing economy.”
The card also offers around the clock access to Chase Sapphire Reserve Customer Service Specialists and access to special events and experiences.
The card has a $450 annual fee and a $75 annual fee for each authorized user.
Chase and other card issuers have been working to tap a high-end market where American Express has a large market share.
More information is available at Chase.com/SapphireReserve.