The Chase Sapphire(SM) Card is a new rewards credit card that is offering 10,000 bonus points after you spend $500 in the first 3 months, which can be redeemed for $100 cash. No annual fee.
As a rewards card, it offers 2 points per dollar on dining and 1 point for every dollar in purchases (100 points = $1, or the usual 1% back). The nice part is that redemptions are easy – you can even redeem in $1 increments as long as above $25, so you could cash out $27 or $113 without anything left over. There are no earning caps, or points expiration dates.
In addition, you can get double points on airfare booked through their Ultimate Rewards website. It also promotes a “premium, dedicated service line that gives you access to a live person anytime, 24/7.” Fine print:
10,000 bonus points
You will qualify for and receive your bonus after you make $500 in purchases within the first three months of card ownership. Purchases includes balance transfers, or any checks that are used to access your account, and excludes cash advances. After qualifying, please allow 6 to 8 weeks for bonus points to post to your account. This one-time bonus offer is valid only for first-time cardmembers with new accounts.