JPMorgan Refreshes Sapphire Reserve

This is a news story, published by CNBC, that relates primarily to JPMorgan Chase news.

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CNBC

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Business

Business & Economics

Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards

Summary

Nutrition label

82% Informative

JPMorgan Chase announced last week that a refresh of its Sapphire Reserve was imminent.

In response, American Express on Monday said that "major" changes were coming to its consumer and business Platinum cards.

The expectation among industry experts is that both the companies will offer ever-longer lists of perks in travel, dining and experiences like concerts.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful