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, 2:53 pm
#541
Join Date: Oct 2010
Location: Santa Barbara, CA
Posts: 1,277
What does everyone think about this situation?
My wife and I share a CSP account currently, approximately $55k annual spend. It is my account. I had been planning to have her get her own CSP to bank the 65k bonus points (50k after spend + 5k AU + 10k referral). Now I'm wondering if we should just both get the CSR when it's officially launched. The $900 up front is a solid chunk, but it looks like we'll get $1200 in travel reimbursement before renewal, coming out ahead +300. Then we'd likely cancel/downgrade one of the CSRs before renewal and keep the other to use as we do our CSP currently.
So, get both now if we can swing the upfront costs? Have her get a CSP first, and then the CSR later this year (with hopefully the same or similar bonus)?
My wife and I share a CSP account currently, approximately $55k annual spend. It is my account. I had been planning to have her get her own CSP to bank the 65k bonus points (50k after spend + 5k AU + 10k referral). Now I'm wondering if we should just both get the CSR when it's officially launched. The $900 up front is a solid chunk, but it looks like we'll get $1200 in travel reimbursement before renewal, coming out ahead +300. Then we'd likely cancel/downgrade one of the CSRs before renewal and keep the other to use as we do our CSP currently.
So, get both now if we can swing the upfront costs? Have her get a CSP first, and then the CSR later this year (with hopefully the same or similar bonus)?
Aug 16, 2016, 2:56 pm
#542
Join Date: May 2006
Location: Melbourne, Florida, USA
Posts: 2,983
No $100 Visa Infinite discount for this card. Source: http://thepointsguy.com/2016/08/chas...-reserve-card/
Aug 16, 2016, 3:05 pm
#543
Join Date: Oct 2007
Location: USA
Programs: UA (1K, 2MM), AA, Avis, National
Posts: 867
One thing for sure. Citi Prestige holders will dump that one for this as Citi reduced the perks significantly on that card. I have to wonder about the decision makers on these projects and promos. I fully understand why Chase has the 5/24. Chase feels (through data for sure) that if you get 5/24 that means you are seeking the promotions and therefore have minimal value to them. They figure you will move out to the next promotion offered. THe customer base on $450 cards has to be limited with several cards in that space already. If I can get his I will. However per 5/24 I have more than 5 new cards in the last 24 months. The affiliate omissions must have dried up for Chase like crazy due to these policies
But if Citi looses a lot of the higher-end customers to Chase, perhaps they will reverse some of their recent changes to make their product more attractive. In any case, it is nice to see competition for high-end card customers.
To me, convenience is also important. An annoying thing about Amex Plat was that I had to worry about getting my benefits myself, e.g., reviewing the Priority Pass membership every year. To me, premium card service should include taking care of such things automatically. For Prestige, this is the case, as well as the airline fee redemption. But getting 4-th night free is a pain. I am curious to see how easy it would be to take advantage of the CSR benefits.
Aug 16, 2016, 3:07 pm
#544
Join Date: Jul 2003
Location: CT/ Germany - Ich spreche deutsch
Programs: UA 1K, Bonvoy LTTE, HH Dia, HY Expl
Posts: 4,657
I hope the link you pasted is correct and holds true but reality is that the T&C can still be altered by the time the official T&C are released by Chase. We have seen far too often that even officially published T&C are changed without much notice.
Again...I hope you are right but I'm not holding my breath on anything until the official app goes live and the T&C are published.
Again...I hope you are right but I'm not holding my breath on anything until the official app goes live and the T&C are published.
Aug 16, 2016, 3:26 pm
#545
Join Date: Aug 2016
Posts: 2
This seems like the right plan. Also, how long have you had your CSP? Right after you get your CSR, I would downgrade your own CSP. If you've had it for several years, that opens up the possibility of you getting another CSP bonus in the not too distant future, which she can then refer you for, so even more points.
So consensus seems to be:
NOW
- I get CSR, downgrade CSP
- She gets CSP
LATER
- She gets CSR, downgrades CSP
- I hopefully am able to get another CSP bonus
Aug 16, 2016, 3:33 pm
#546
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
Improbable. This is Citi's third attempt to compete with American Express Platinum. Same as before they have pared back to make the card profitable. I don't see that anything Chase does would impact their thinking in the next 18 months. (It also sounds as if the AA-specific benefits were take away as part of Citi's bid to retain AA's co-brand business. If that's true there isn't much the Prestige product manager could restore now, except the $0.0133/point airfare redemption value.)
Aug 16, 2016, 3:40 pm
#547
Join Date: Oct 2010
Location: Santa Barbara, CA
Posts: 1,277
And just for one more question you might have: I had referred someone to the CSP when I had it, downgraded to a Freedom Unlimited, and had the referral bonus post after that. So as long as she signs up with your CSP referral link, you shouldn't have to wait for the bonus to post before downgrading. If the annual fee isn't due too soon though, it can't hurt to wait.
Aug 16, 2016, 4:38 pm
#548
Join Date: Oct 2007
Location: USA
Programs: UA (1K, 2MM), AA, Avis, National
Posts: 867
Improbable. This is Citi's third attempt to compete with American Express Platinum. Same as before they have pared back to make the card profitable. I don't see that anything Chase does would impact their thinking in the next 18 months. (It also sounds as if the AA-specific benefits were take away as part of Citi's bid to retain AA's co-brand business. If that's true there isn't much the Prestige product manager could restore now, except the $0.0133/point airfare redemption value.)
Aug 16, 2016, 6:24 pm
#550
Join Date: Jul 2014
Location: LAX
Programs: Hyatt Globalist, AA EXP, Hilton Diamond, Wyndham Diamond, DL PM, Marriott Platinum, IHG Platinum
Posts: 1,305
No $100 Visa Infinite discount for this card. Source: http://thepointsguy.com/2016/08/chas...-reserve-card/
Aug 16, 2016, 6:28 pm
#551
Join Date: Mar 2011
Location: Boston, MA
Programs: AA, SPG
Posts: 111
Not having the $100 Visa Infinite credit kind of sucks. Was definitely going to grab it by being able to pair that with the $300 credit from Chase. Now not 100% sure if it'll be a keeper after the first year.
Aug 16, 2016, 6:34 pm
#552
Join Date: Oct 2010
Location: Santa Barbara, CA
Posts: 1,277
I'm a little mixed on the $100 credit. Obviously, I'd like to have it, but given that next year I'll have no status it's pretty much a wash with any trips I'll be taking with my wife. When we travel together, it's likely we'll have two checked bags... so using an airline card instead of the CSR (I have both AA and UA cards), that's $100 in savings ($25 each way per person). I suspect this will be the case for many people considering this card who aren't on this forum. Probably less so for the people here.
When I travel alone, I often don't check a bag, but then I don't get the $100 off anyway.
When I travel alone, I often don't check a bag, but then I don't get the $100 off anyway.
Aug 16, 2016, 6:43 pm
#553
Join Date: Nov 2014
Location: NYC
Posts: 581
What about the points' value? UR points are simply more valuable than City National points.
Aug 16, 2016, 7:01 pm
#554
Join Date: Jan 2014
Posts: 114
I'm a little mixed on the $100 credit. Obviously, I'd like to have it, but given that next year I'll have no status it's pretty much a wash with any trips I'll be taking with my wife. When we travel together, it's likely we'll have two checked bags... so using an airline card instead of the CSR (I have both AA and UA cards), that's $100 in savings ($25 each way per person). I suspect this will be the case for many people considering this card who aren't on this forum. Probably less so for the people here.
When I travel alone, I often don't check a bag, but then I don't get the $100 off anyway.
When I travel alone, I often don't check a bag, but then I don't get the $100 off anyway.
Aug 16, 2016, 7:15 pm
#555
Join Date: Nov 2004
Location: Camp Hill, Pa.
Posts: 229
How long does Chase tend to typically take for approval?
I have a CSP (18 months old) and had to call recon because wasn't immediately approve fir some reason. I ask because I have a cruise payment on 9/1 of $3,700 I'd love to put on CSR.
FWIW 800+ credit score, three cards (CSP, AmEx EDP, some old crappy Merril+ card I never use), income w/ spouse around $120,000.
I have a CSP (18 months old) and had to call recon because wasn't immediately approve fir some reason. I ask because I have a cruise payment on 9/1 of $3,700 I'd love to put on CSR.
FWIW 800+ credit score, three cards (CSP, AmEx EDP, some old crappy Merril+ card I never use), income w/ spouse around $120,000.