Aug 15, 2016, 12:49 pm
Last edit by: mia
Discussion continues HERE.
This card is under 5/24. You can override 5/24 by having an in-branch (only! online prequalification does NOT override 5/24) pre-approval, or by already being Chase Private Client (as in you see the "Chase Private Client" text on the login screen of the Chase mobile app.)
Landing page with bonus offer (100,000 UR after spending $4,000 in 90 days) is now live:
https://creditcards.chase.com/credit...04&IS2F=Y71UH0
Application page: https://applynow.chase.com/FlexAppWe...L3P&PROMO=DF01
100,000 UR points is worth $1,000 as statement credit, $1,500 when used for travel through the Chase portal, or potentially more if transferred to a partner.
Card features are here:https://www.chase.com/card-benefits/...reserve/travel. The card's Priority Pass includes unlimited guests.
Schumer box on 8/15/2016:
https://applynow.chase.com/FlexAppWe...g.do?card=FL3P
Chase Sapphire Reserve Ultimate Rewards Program Agreement
https://chaseonline.chase.com/resources/RPA0511_Web.pdf
Chase Sapphire Reserve Guide to Benefits
https://www.chasebenefits.com/sapphirereserve
The purchases made that you receive the $300 travel credit (or $85/$100 trusted traveler program credits) for do count towards the minimum spend, but the annual fee does not.
The card is made of the same material as the CSP, and is being shipped UPS Next Day Air Saver to everyone after production (currently (8/26) appears to have about a 3-day delay after approval before shipping.)
This card is under 5/24. You can override 5/24 by having an in-branch (only! online prequalification does NOT override 5/24) pre-approval, or by already being Chase Private Client (as in you see the "Chase Private Client" text on the login screen of the Chase mobile app.)
Landing page with bonus offer (100,000 UR after spending $4,000 in 90 days) is now live:
https://creditcards.chase.com/credit...04&IS2F=Y71UH0
Application page: https://applynow.chase.com/FlexAppWe...L3P&PROMO=DF01
100,000 UR points is worth $1,000 as statement credit, $1,500 when used for travel through the Chase portal, or potentially more if transferred to a partner.
Card features are here:https://www.chase.com/card-benefits/...reserve/travel. The card's Priority Pass includes unlimited guests.
Schumer box on 8/15/2016:
https://applynow.chase.com/FlexAppWe...g.do?card=FL3P
Chase Sapphire Reserve Ultimate Rewards Program Agreement
https://chaseonline.chase.com/resources/RPA0511_Web.pdf
Chase Sapphire Reserve Guide to Benefits
https://www.chasebenefits.com/sapphirereserve
The purchases made that you receive the $300 travel credit (or $85/$100 trusted traveler program credits) for do count towards the minimum spend, but the annual fee does not.
The card is made of the same material as the CSP, and is being shipped UPS Next Day Air Saver to everyone after production (currently (8/26) appears to have about a 3-day delay after approval before shipping.)
New Chase Sapphire Reserve Card [Pre-release speculation]
Aug 16, 2016, 12:56 pm
#512
Join Date: Nov 2015
Location: Chicago, IL
Posts: 114
So know $100 air reimbursement? http://thepointsguy.com/2016/08/chas...-reserve-card/
Aug 16, 2016, 12:57 pm
#513
Join Date: Jul 2013
Location: ATL
Programs: HH D, MB G, IHG P, Nat'l EE, Hertz PC
Posts: 496
So know $100 air reimbursement? http://thepointsguy.com/2016/08/chas...-reserve-card/
Aug 16, 2016, 1:01 pm
#514
Join Date: Aug 2016
Location: SF Bay Area
Posts: 665
im at my office job with this page open 24/7 for new updates until i get approved or get fired
Aug 16, 2016, 1:02 pm
#515
Suspended
Join Date: Oct 2004
Location: Bay Area
Programs: DL SM, UA MP.
Posts: 12,729
Hmm, I just paid my annual fee for the CSP.
Could I "upgrade" to this and get a partial credit back on it?
Could I "upgrade" to this and get a partial credit back on it?
Aug 16, 2016, 1:03 pm
#516
Join Date: Dec 2001
Location: Coconut Creek, FL
Programs: AA Lifetime Platinum-2 MM Starwood Plat,Delta DM
Posts: 975
I can think of 2 big reasons. 1) We're all irrationally hopeful because this bonus sounds great and almost all of us are SOL.
2) This is more likely a positive outcome: if Chase wants to drive initial signups, not opening the card to 5/24 customers will massively cut back on the available pool. The majority of the credit-card using population is not going to be interested in a $300+ annual fee card (heck, most of them are Dave Ramsey fans and will never get a card with a fee at all). From a bookkeeping perspective, Chase would likely see fairly poor signups for this card if 5/24 violators were excluded, whereas with the Freedom Unlimited there was never really any chance of that flopping (no-AF, easy 1.5% cash back, and nice sign up bonus--appealing to a much wider audience).
This isn't to say I think Chase WILL let us in, but to me that would be the why if they did--making sure as much of this card's limited audience can get it as possible.
2) This is more likely a positive outcome: if Chase wants to drive initial signups, not opening the card to 5/24 customers will massively cut back on the available pool. The majority of the credit-card using population is not going to be interested in a $300+ annual fee card (heck, most of them are Dave Ramsey fans and will never get a card with a fee at all). From a bookkeeping perspective, Chase would likely see fairly poor signups for this card if 5/24 violators were excluded, whereas with the Freedom Unlimited there was never really any chance of that flopping (no-AF, easy 1.5% cash back, and nice sign up bonus--appealing to a much wider audience).
This isn't to say I think Chase WILL let us in, but to me that would be the why if they did--making sure as much of this card's limited audience can get it as possible.
Aug 16, 2016, 1:04 pm
#517
Join Date: Dec 2001
Location: Coconut Creek, FL
Programs: AA Lifetime Platinum-2 MM Starwood Plat,Delta DM
Posts: 975
Aug 16, 2016, 1:24 pm
#518
Join Date: Jul 2011
Posts: 1,136
I'm still trying to figure out whether to apply.
I live in an AA hub city (and have an AA credit card) so transferring UR to BA doesn't do much good. The $300 credit is nice but that leaves me with a $150 net AF (yes, there's the GE credit, but that's only $20 per year equivalent). The confirmation that the $100 flight discount won't apply makes it harder as well. I can transfer points to Southwest (which is probably the second most accessible airline from my city) but I don't think those equate to any better than 1.5% payout on a base fare.
Besides the AA card, I have two other AF cards, including the Starwood AMEX (at only $95, which does transfer to AA) and the HHonors Reserve card that gives a free night after $10k spend, so not sure I see enough value to justify right now (aside from the sign-up bonus). I have to use a corporate card for business, so annual spend is $25k.
Someone can convince me otherwise, perhaps
I live in an AA hub city (and have an AA credit card) so transferring UR to BA doesn't do much good. The $300 credit is nice but that leaves me with a $150 net AF (yes, there's the GE credit, but that's only $20 per year equivalent). The confirmation that the $100 flight discount won't apply makes it harder as well. I can transfer points to Southwest (which is probably the second most accessible airline from my city) but I don't think those equate to any better than 1.5% payout on a base fare.
Besides the AA card, I have two other AF cards, including the Starwood AMEX (at only $95, which does transfer to AA) and the HHonors Reserve card that gives a free night after $10k spend, so not sure I see enough value to justify right now (aside from the sign-up bonus). I have to use a corporate card for business, so annual spend is $25k.
Someone can convince me otherwise, perhaps
Aug 16, 2016, 1:28 pm
#519
Join Date: Oct 2010
Location: Santa Barbara, CA
Posts: 1,277
I'm still trying to figure out whether to apply.
I live in an AA hub city (and have an AA credit card) so transferring UR to BA doesn't do much good. The $300 credit is nice but that leaves me with a $150 net AF (yes, there's the GE credit, but that's only $20 per year equivalent). The confirmation that the $100 flight discount won't apply makes it harder as well. I can transfer points to Southwest (which is probably the second most accessible airline from my city) but I don't think those equate to any better than 1.5% payout on a base fare.
Besides the AA card, I have two other AF cards, including the Starwood AMEX (at only $95, which does transfer to AA) and the HHonors Reserve card that gives a free night after $10k spend, so not sure I see enough value to justify right now (aside from the sign-up bonus). I have to use a corporate card for business, so annual spend is $25k.
Someone can convince me otherwise, perhaps
I live in an AA hub city (and have an AA credit card) so transferring UR to BA doesn't do much good. The $300 credit is nice but that leaves me with a $150 net AF (yes, there's the GE credit, but that's only $20 per year equivalent). The confirmation that the $100 flight discount won't apply makes it harder as well. I can transfer points to Southwest (which is probably the second most accessible airline from my city) but I don't think those equate to any better than 1.5% payout on a base fare.
Besides the AA card, I have two other AF cards, including the Starwood AMEX (at only $95, which does transfer to AA) and the HHonors Reserve card that gives a free night after $10k spend, so not sure I see enough value to justify right now (aside from the sign-up bonus). I have to use a corporate card for business, so annual spend is $25k.
Someone can convince me otherwise, perhaps
So, for the first year, you get $2200 in value for your $450. Then after that you can decide if you want to keep it. Definitely worth it to apply.
Aug 16, 2016, 1:40 pm
#520
Join Date: Dec 2015
Location: DCA
Posts: 818
If Prestige kept AC access I might have kept that and dropped the Exec, but I do enjoy getting a few friends and family members access to the AC as AUs on my Exec.
Aug 16, 2016, 1:44 pm
#521
Join Date: Oct 2014
Posts: 55
Interested to see which benefits are passed along to AU of the card, if any. PP membership, Global entry, etc.
Aug 16, 2016, 1:47 pm
#522
Join Date: Dec 2015
Location: DCA
Posts: 818
"Reserve is a Visa Infinite card, and while you won’t have access to all of the same perks you’ll get with the Ritz-Carlton Rewards Credit Card, such as a $100 airfare discount..."
Aug 16, 2016, 1:49 pm
#523
FlyerTalk Evangelist
Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 14,192
Yep, wife has CSP and I think I will get her the CSR and drop CSP. Not sure why I wouldn't. Anybody?
My brother to a T. Smart as hell (surgeon). Has $3k a month office expenditure. Has the free cheapest crappiest DL card giving 1 Skymile per dollar. I have been after him for YEARS to get an Ink or at least SPG or 2% cashback or SOMETHING.
His response: "Those have an annual fee, right?"
"Yeah, like $75-95, but you'd get back hundreds a year, maybe thousands, in value. Pushing $1000 or more maybe in year one from signup bonus alone. Then if you do not like it, cancel."
"I am NOT paying an annual fee. Case closed."
I even offered to manage it for him as he is so busy. No dice. What can you do?
I dunno...I'm always telling my friends about these cards. Not a single one has ever taken me up on my offer to walk them through the process of getting a $450 AF card (I'll even show them how to MS the minimum spend, and go with them a few times so they don't make a mistake).
The response is the same every time: "Oh...$450. That's a lot."
Followed by me: "But it's not really $450. With the air credit it's $150, and the other benefits are worth $150 at least."
And the response: "But...$450. That's a lot."
The response is the same every time: "Oh...$450. That's a lot."
Followed by me: "But it's not really $450. With the air credit it's $150, and the other benefits are worth $150 at least."
And the response: "But...$450. That's a lot."
His response: "Those have an annual fee, right?"
"Yeah, like $75-95, but you'd get back hundreds a year, maybe thousands, in value. Pushing $1000 or more maybe in year one from signup bonus alone. Then if you do not like it, cancel."
"I am NOT paying an annual fee. Case closed."
I even offered to manage it for him as he is so busy. No dice. What can you do?
Aug 16, 2016, 1:50 pm
#524
Join Date: Jan 2006
Programs: Marriott - Titanium, AA - Lifetime Gold
Posts: 333
If only they gave 3X points for shopping at COSTCO
3X points for shopping at COSTCO would make this an absolute keeper!