[Original Post] Chase has just enhanced the J.P. Morgan Ritz-Carlton Visa by increasing the annual airline incidental credit from $200 to $300. See our updated review for details. We now highly recommend this card to travelers since if you take full advantage of the $300 credit, the effective annual fee becomes $95 and you receive Lounge Club, three annual upgrade certificates, Ritz-Carlton & Marriott Gold (complimentary for 1st year and maintained with $10,000 annual spending), primary rental car insurance, and other perks.
Chase has also increased the signup bonus on the card from 50K to 70K some time ago, which makes opening the card an easier decision! You need to spend $2,000 within 3 months after opening a new card to get the 70K bonus.
Landing page (redirected to new one Cat 1-4 night offer)
Application page (still working as of 7/21/14)
Please note that since this enhancement has just been announced, the application page still shows $200 airline credit. For now the only page that you can find the $300 credit is here. We expect Chase to update all landing and application pages in the near future.