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The Chase Sapphire Reserve® is often considered one of the most valuable rewards cards on the market.
Why is Chase doing this?
Catherine Hogan, president of Chase Branded Cards, explained in a Business Wire press release that the additions of DoorDash and Lyft perks were the result of customer feedback.
“We’ve heard from our cardmembers that food delivery and rideshare are increasingly becoming part of their daily lives and spending in these areas has grown particularly since the launch of Sapphire Reserve,” she said.
While meal delivery or rideshare perks aren’t new benefits among premium cards, these additions continue industry-wide changes in the credit card rewards space. A number of card issuers have changed or removed card benefits over the past year, possibly to increase their bottom line while nudging consumers to use their cards more often.
About the author: Paris Ward is a content strategist at Credit Karma, providing readers with the latest news that will aid their financial progress. She has more than a decade of experience as a writer and editor and holds a bachelor’s… Read more.
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