✈️ Chase's $2B Sapphire Reserve Loss, Mesa Card Adds Transfer Partners, Amex Business Platinum Devaluation
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Chase reportedly lost $2 billion on the Sapphire Reserve card in its first five years, leading to a $795 annual fee relaunch with new dining credits. The under-the-radar Mesa Homeowners Card adds Air Canada Aeroplan and SAS EuroBonus as transfer partners, becoming the only U.S. program transferring to SAS. American Express is significantly restricting the Business Platinum's Pay with Points 35% rebate benefit starting September 18th. We also cover the Hilton Aspire Card's strong value proposition, JSX's luxury turboprop expansion plans, and updated guidance on maximizing various credit card benefits and application strategies.
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