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Chase, Citi perk up their best rewards cards

by Peter Andrew
Chase, Citi perk up their best rewards cards

Chase and Citi make credit card news this week with enhancements to their credit card rewards and financial management tools.

Chase lets you redeem rewards at the Ritz

Chase cardholders can now transfer their Ultimate Rewards points to the Ritz-Carlton Hotel Company’s loyalty program, giving them access to “magnificent luxury at participating hotels worldwide in 25 countries,” according to a recent press release. As a result of this move, such points are redeemable with 30 international airlines and 3,400 partner hotels as well as Ritz-Carlton’s own properties.

The new program applies to holders of Chase Sapphire Preferred, Ink Plus and Ink Bold Business Card cardmembers.

Citi makes managing business credit cards easier

Many enterprises, large and small, find business credit cards indispensable. But the undoubted benefits come with a headache: making sure employee cardholders don’t abuse their company plastic.

Now Citi has launched a web-based Program Audit Tool (PAT) that streamlines that process by flagging up transactions that appear to be inappropriate. In a press release, Manish Kohli, Citi’s global head of commercial cards, commented:

Citi’s Program Audit Tool provides clients with yet another resource to protect their programs from fraud or card misuse. PAT allows clients to not only proactively identify when cards are being misused, but also to establish internal controls and auditing processes that drive program compliance.

Disclaimer:The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.

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