Chase Sapphire Reserve Card
There has been rumors the last few weeks around a new high end card from Chase. I first heard of the Chase Sapphire Reserve Card from Doctor of Credit. After that I’ve seen it a few other places as well: Miles to Memories, One Mile at A Time and Million Mile Secrets.
Only yesterday we got official news; Chase even announced the new card on their twitter page. The funny thing tho is that Chase announced the card by re-tweeting TPGs blog post!
Earlier yesterday the miles and points world went crazy when an application link went live – seemingly by accident. The live link was posted on Reddit. Unfortunately, I saw the Reddit post after the link went dead. My main question when I saw this was; will this card fall under Chase’s strict 5/24 rule? A lot of Reddit users reported that they got approved for the card despite the 5/24 rule. This seems promising and I sure hope the same applies when the card officially goes live on 8/21.
This is what the application page looked like yesterday
Now lets talk about the Chase Sapphire Reserve Card benefits:
- Earn 100,000 Ultimate Rewards points after $4,000 in purchases within the first 3 months.
- This is a HUGE bonus. Given the power of Chase’s transfer partners like Singapore Airlines and Hyatt, you can get a lot of use from the 100,000 points.
- $300 annual travel credit for travel purchases charged to the card
- Seems like this will be an automatic credit unlike the credit with the Chase Ritz Carlton card. It will also apply towards a range of purchases such as, airlines, hotels, cruise lines, car rentals and more! This will also be a calendar year benefit similar to the Amex Platinum and Citi Prestige; which means you’ll get $600 in the first account year.
- $100 statement credit towards Global Entry or TSA PreCheck fee
- Enjoy complimentary access to hundreds of VIP lounges through Priority PassTM Select membership.
- $100 discount on round-trip domestic airfare for 2 or more travelers as Visa Infinite benefit
- Transfer points at 1:1 ratio to British Airways Executive Club, Korean Air SKYPASS, Singapore Airlines KrisFlyer, Southwest Airlines Rapid Rewards®, United MileagePlus®, Virgin Atlantic Flying Club, Hyatt Gold Passport®, IHG® Rewards Club, Marriott Rewards® and The Ritz-CarltonRewards®.
- 50% bonus when redeeming points through Chase Ultimate Rewards for airfare, hotels, car rentals and cruises.
- This means the bonus is worth at least $1,500
- 3X points on travel and dining at restaurants worldwide.
- No foreign transaction fee.
- Annual fee: $450
- Authorized users: $75
Chase Sapphire Reserve Card Bottom Line:
I can’t wait until this card goes live officially and I pray it doesn’t fall under the strict 5/24 rule. With all the benefits listed above, this card is a no-brainer.
If you have any questions please comment below, tweet me @pointspointers or email me at email@example.com