Chase Sapphire Reserve getting new benefits, annual fee increasing - Business Insider

since it launched in 2016, and its strong set of benefits has led to increased competition from other premium cards., including up to $120 in credits for DoorDash purchases, and complimentary Pink membership with Lyft — which includes 15% ride discounts and more.

You still have time to lock in a lower annual fee of $450 for the first year — apply by January 12. After that, the fee will increase to $550. Keep in mind that the card offers up to $300 in statement credits for all travel purchases, so if you factor in that and the value of the card's other benefits and points, it could still be worth it.

The arms race among premium credit cards is off to a strong start in 2020. American Express added several new benefits — and increased annual fees — to its lineup of Membership Rewards cards over the last year, and now Chase has announced some changes to its mega-popularFirst, the bad news: The annual fee is increasing from $450 to $550, while will put it on par with

. There's no way to spin this as a positive, though depending on how useful you find the new benefits, it could still be worth it.yet, you can apply by January 12 to lock in the $450 annual fee for your first year before being transitioned to the $550 fee.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why it may be too late to chase defense stocks as Iran strikes U.S. bases'While the U.S./Iran fight over the past couple of weeks has sent aerospace and defense stocks flying, we would caution against jumping on this momentum trade at this point.' The stocks are getting higher with everyday if the allies make them more stronger relationship... Sell stocks. Buy gold.
Source: MarketWatch - 🏆 3. / 97 Read more »

Store closures reached a new high in 2019 - Business Insider - Business InsiderWhile 2019 saw a record number of store closures, some retailers are giving stores new value by using them to facilitate e-commerce orders: Retailers can follow Walmart & Target that embraced buy online including pickup in-store offerings for consumers to pick up their orders.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Bright Health buys Brand New Day to build Medicare Advantage business - Business InsiderThe acquisition comes on the heels of Bright raising $635 million from investors in December and as the insurer doubles its footprint in 2020. ZTracer This is fascinating, thanks for the story! I literally just wrote about Bright Health yesterday, sharing in case anyone wants a deep analysis of their business model.
Source: BusinessInsider - 🏆 729. / 51 Read more »

HSBC is facing pressure in Hong Kong - Business Insider - Business InsiderHSBC faces backlash in Hong Kong after closing an account with funds used by Spark Alliance, and after police froze $9 million tied to the account. And also Hong Kong and Shanghai are part of the bank’s name.
Source: BusinessInsider - 🏆 729. / 51 Read more »