You can no longer get a Fairmont credit card. Chase discontinued the Fairmont Visa Signature Credit Card on August 15, 2017 and gave all existing cardholders the Chase Sapphire Preferred card. People with the Fairmont credit card got Sapphire Preferred cards with the same account numbers but new expiration dates and security codes.
At the time it was discontinued, the Fairmont card offered 5 points per $1 spent on Fairmont stays. It also gave 2 per $1 on airline tickets, car rentals and commuting expenses, plus 1 per $1 on all other purchases. Fairmont points not redeemed by August 14, 2017 were converted to Chase Ultimate Rewards Points. That increased the points’ value from 1 cent each to 1.25 cents each when redeemed for travel expenses. The Fairmont card’s free night offer expired on February 28, 2018.
The Sapphire Preferred card is far superior to the former Fairmont credit card. It offers a bonus of 100,000 points for spending $4,000 in the first 3 months. That’s a value of $1,250 when redeemed for travel, or $1,000 statement credit. Preferred also offers 2 points per $1 spent on travel and dining purchases and 1 per $1 on everything else. Its points are transferrable to more than a dozen hotel and airline loyalty programs at a 1:1 ratio. Plus, there’s no blackout dates on flights booked through Chase Ultimate Rewards.
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