Chase Is Launching A Ritz Carlton Co Branded Credit Card Next Week

Update: Some offers mentioned below are no longer available. View the current offers here: The Platinum Card from American Express, The Ritz-Carlton Rewards Credit CardChase is launching a Ritz-Carlton branded credit card next week, which is geared towards high-end customers, especially since it has a $350 annual fee.The initial sign-up bonus is 50,000 points (which can be used for 1 free night at a tier 1-3 hotel, or on Marriott stays). Overall the benefits are decent - including club level upgrades, Gold status, no foreign transaction fees, Priority Pass Select, $100 in hotel credit and $200 in airline incidentals. Hmm, sure sounds similar to the American Express Platinum Card!Update: Check out http://theritzcarltonrewardscard.com/ for full details.“GET CLOSER TO EXCEPTIONAL EXPERIENCES WITH EVERY PURCHASEReceive 50,000 Ritz-Carlton Rewards points as a Founding Member after you use your card for the first time* — enough for a complimentary night’s stay at your choice of over 60 Tier 1-3 locationsEarn 5 Ritz-Carlton Rewards points per $1 spent at The Ritz-CarltonEarn 2 Ritz-Carlton Rewards points per $1 spent on qualifying airfare, car rentals and diningSign up for our daily newsletterEmail addressSign upI would like to subscribe to The Points Guy newsletters and special email promotions. The Points Guy will not share or sell your email. See privacy policy.Earn 1 Ritz-Carlton Rewards point per $1 spent on all other card purchasesRECEIVE SPECIAL HOTEL PRIVILEGES WHEN YOU STAYAn Extra Hotel Experience — With each two-night stay or longer at The Ritz-Carlton, celebrate with a $100 Hotel Credit to be used toward your choice of dining, spa or other hotel recreational activitiesUpgrade to The Ritz-Carlton Club® Level three times annually on stays of up to seven nights, subject to availability at time of reservationAutomatic Gold Elite status in The Ritz-Carlton Rewards your first yearENJOY AN UNPRECEDENTED SUITE OF TRAVEL ADVANTAGESComplimentary airport lounge access with Priority PassTM Select*$200 annual credit for airline incidentals billed to your card*No foreign transaction fees†“For more information on their program, check out my interview last fall with Hotelchatter.com. Now that it has been around for a while, I’ll do an update on my thoughts about the program next week.