Chase will soon launch a new travel site. The launch is planned for later this year. Chase credit card holders and bank customers will be able to use the new website. Chase says there are 66 million U.S. households.
The information was presented at an investor day. On the investor day, hundreds of slide presentations were put forth by the Co-CEO of consumer and community banking at JPMC. Skift reported some of the information on the slides.
For the first time, Chase revealed the size of its travel business. The company expects to sell about $8 billion this year and aim for 15 billion by the year 2025. In terms of US leisure travel, $1 in every $4 spent is on a Chase Card, and $1 in every $3 spent is by a Chase customer.
We are going to open ChaseTravel.com to all of our customers later this year. We will introduce those important customers to our strategic partners. I will bring this to life through our app and website.
There are a total of nine Sapphire Lounges in the works, according to one of the slides in the presentation. The Chase Sapphire Lounge is owned by The Club.
We knew that Chase was going to open six lounges, and we know where they will be. There is no additional information about the three additional lounges.
There are six known locations.
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There is an increased 80K Welcome Offer for Chase Sapphire Preferred. The end of the year is 5-31-22.
There is an increase in the offer of Chase Sapphire Preferred. One of the most popular travel cards is this one. For a limited time, you can earn 80,000 Ultimate Rewards points after spending $4000 in the first 3 months of having the card. Points are worth $1K when used towards travel or transfer to partners like Hyatt, United or Southwest.