Hello and welcome to the Miles and Points Daily Podcast! I'm Lucas, your host, coming to you with all the latest miles and points news that actually matters to your wallet and your wanderlust. Today we're diving into some massive shakeups in the credit card world that have me both excited and slightly terrified for my bank account. But first, let me tell you about a tool that could save you some serious points. Introducing hotelredemptions.com, a tool that monitors your hotel bookings and alerts you when you can rebook for less points. Because who doesn't love getting the same room for fewer points? Now, let's jump into today's stories. The biggest news dropping today is Chase finally launching their first-ever Sapphire Reserve Business Card. Yes, you heard that right - after years of business travelers begging for a premium Chase business card, they're delivering with a seven hundred ninety-five dollar annual fee monster packed with perks. This card is launching June twenty-third, two thousand and twenty-five, and it's clearly Chase's answer to the Capital One Venture X Business and American Express Business Platinum. The card comes with a massive sign-up bonus that we'll have details on once they're announced, so make sure to check the link in our show notes when you're ready to apply. But here's the thing - Chase isn't just launching a business version. They're completely overhauling the personal Sapphire Reserve too, and this is huge. After nine years of basically the same card, Chase is blowing up their model. The personal card is also jumping to a seven hundred ninety-five dollar annual fee, but they're adding so many new benefits that the math actually works out in cardholders' favor. We're talking enhanced earning rates and more statement credits that should offset that fee increase for most users. My tip here is simple: if you've been on the fence about getting either Sapphire Reserve card, now's the time to pay attention. These changes represent the biggest shake-up we've seen in the premium card space, and both cards should deliver exceptional value despite the higher fees. Make sure to use our links in the show notes when these become available. Speaking of premium card overhauls, American Express just announced they're planning the largest investment ever in refreshing both their personal and business Platinum cards later this year. This feels like a direct response to Chase's moves, and if history is any guide, we might be looking at the first one thousand dollar annual fee credit card in the US market. Now, that sounds terrifying, but remember - Amex has consistently added value that justifies their fee increases. My recommendation is to stay tuned for those details, but don't panic if you're a current Platinum holder. These refreshes usually grandfather existing cardholders for at least the first year. In lounge news, Capital One is opening their new flagship JFK lounge, and this thing sounds incredible. We're talking twenty-four seven access, fresh Ess-a-Bagels baked on premises, Murray's cheese experiences with wine pairings, and meals on demand rather than just buffet service. This is Capital One's attempt to compete with American Express Centurion Lounges, and from the early reports, they might just pull it off. If you're a Capital One cardholder flying through JFK, this is going to be a game-changer. Now, here's something really cool for those with spare miles burning a hole in your digital wallet. United has partnered with Give A Mile, a nonprofit that converts donated frequent flyer miles into flights of compassion for families facing end-of-life situations. You have until June twenty-second to donate through their current campaign. The mission statement hits hard: the cost of a plane ticket should never be the reason someone dies alone. If you've got extra United miles sitting around, this is an incredibly meaningful way to use them. Finally, there's a new AI-powered tool called Gondola that's worth checking out. It compares cash and points rates across hotels, provides personalized recommendations, and even pays you cash back when you book direct through hotel websites. It's essentially helping you find the best redemption values while still earning rebates. For those constantly calculating whether to use points or pay cash, this could be a real time-saver. My overall takeaway from today's news is that the premium credit card space is heating up like never before. We're seeing fee increases across the board, but also unprecedented benefit enhancements. The key is to really analyze whether these new perks align with your spending and travel patterns. Don't just chase the shiniest new card - make sure it actually makes financial sense for your situation. That's a wrap on today's show, but before you go, let me tell you about one more tool that could change your award travel game. Looking for the best award flights? Use AwardTravelFinder.com to search availability across Qatar Airways, British Airways, Japan Airlines, Cathay Pacific and more. Try it for free with our link in the show notes. Thanks for listening to Miles and Points Daily Podcast! If you found today's episode helpful, please subscribe on your favorite podcast platform or visit us at milesandpointsdaily.com. Until tomorrow, keep earning and keep exploring!