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 19, 2016, 5:38 am
#721
Join Date: May 2012
Location: Michigan
Programs: UA Plat Marriott Gold Hyatt Diamond
Posts: 197
Why go through all that work and move them back?
Also good luck finding a JPMorgan advisor willing to waste their time on that.
Also good luck finding a JPMorgan advisor willing to waste their time on that.
If you are over 5/24, it seems like you should be able to in-kind transfer some brokerage assets to Chase, become a CPC, apply, then transfer them back. I haven't heard of Chase ever canceling a card that someone acquired as a CPC, simply because that person ceased to be a CPC...at least not yet. Only annoying thing about that plan: your current brokerage would lose your cost basis information.
Aug 19, 2016, 5:45 am
#722
Join Date: Feb 2005
Location: MD/DC
Programs: Hilton Diamond, IHG Platinum, Marriott Titanium, TK Gold
Posts: 1,536
I personally think that even FTers who "churn this card" in the strictest sense and "close before year two" are really stupid imo. Yes, you are correct in thinking that most of us likely have plans to extract $300 from this card. Thus, those who wouldn't want to keep CSR at $150 per year vs CSP or ink plus at $95 are really dumb in my opinion and don't deserve to be playing this game
Aug 19, 2016, 5:59 am
#723
Join Date: Jul 2014
Location: LAX
Programs: Hyatt Globalist, AA EXP, Hilton Diamond, Wyndham Diamond, DL PM, Marriott Platinum, IHG Platinum
Posts: 1,305
I personally think that even FTers who "churn this card" in the strictest sense and "close before year two" are really stupid imo. Yes, you are correct in thinking that most of us likely have plans to extract $300 from this card. Thus, those who wouldn't want to keep CSR at $150 per year vs CSP or ink plus at $95 are really dumb in my opinion and don't deserve to be playing this game
It is true however that this card is still missing that one defining benefit similar to amex centurion lounge access or citi 4th night free hotel, independent of $300 travel credit.. I hope they fix this gap by giving us united club access with this card or hotel status or something...... this is my personal view and analysis
Any hidden Chase marketing execs here, feel free to hire me, as I'm looking for work..😊
It is true however that this card is still missing that one defining benefit similar to amex centurion lounge access or citi 4th night free hotel, independent of $300 travel credit.. I hope they fix this gap by giving us united club access with this card or hotel status or something...... this is my personal view and analysis
Any hidden Chase marketing execs here, feel free to hire me, as I'm looking for work..😊
Also, you can easily get 3x points and more on Amex for airlines spending and more on hotel spending -- I was recently targeted 10,000 MR for spending $500 or more in a single booking via Amex Travel. You start adding these benefits up and all of a sudden that extra point is totally meaningless. I also have hotel loyalty cards for free nights (IHG, Hyatt, Freemont, SPG, Hilton) where I get way more hotel points, so I don't care for the extra point
For Infiniti benefits, I have City Crystal and get the $100 discount that won't be offered with this product, and 12 GoGo passes per AU and $250 airline fee reimbursement per AU and the same car rental insurance coverage that comes with CSR.
For everyday spend, it's hard to beat EDP and for travel insurance, fourth night free, Citi Rewind, restaurants without Amex Offers of restaurant gift cards, I have the Prestige.
Bottom line, people who really know how to optimize spending for points and status will be canceling this card in 12 months or so after getting it.
Aug 19, 2016, 7:52 am
#724
Join Date: Jan 2011
Posts: 184
My biggest use for this card: getting it for my wife.
While happy to enjoy miles & points perks I accumulate she jeers at bonus categories; new card applications; keeping track of minimum spends to maximize rewards across cards, etc etc (basically anything involved with this 'hobby').
So, finding 1 card for her wallet to use for all spending that's at least close to maximizing value makes me feel better
While happy to enjoy miles & points perks I accumulate she jeers at bonus categories; new card applications; keeping track of minimum spends to maximize rewards across cards, etc etc (basically anything involved with this 'hobby').
So, finding 1 card for her wallet to use for all spending that's at least close to maximizing value makes me feel better
Aug 19, 2016, 7:59 am
#725
Join Date: Jan 2016
Posts: 377
My biggest use for this card: getting it for my wife.
While happy to enjoy miles & points perks I accumulate she jeers at bonus categories; new card applications; keeping track of minimum spends to maximize rewards across cards, etc etc (basically anything involved with this 'hobby').
So, finding 1 card for her wallet to use for all spending that's at least close to maximizing value makes me feel better
While happy to enjoy miles & points perks I accumulate she jeers at bonus categories; new card applications; keeping track of minimum spends to maximize rewards across cards, etc etc (basically anything involved with this 'hobby').
So, finding 1 card for her wallet to use for all spending that's at least close to maximizing value makes me feel better
Aug 19, 2016, 8:50 am
#726
FlyerTalk Evangelist
Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 14,192
I should just get her $200 Visas and Amazon GCs from Officemax @5x UR for almost everything.
Aug 19, 2016, 9:09 am
#727
Join Date: Jul 2011
Location: SF Bay Area
Programs: UA MileagePlus (Premier Gold); Hilton HHonors (Gold); Chase Ultimate Rewards; Amex Plat
Posts: 6,679
Well presumably you wouldn't tell the advisor your true plans until after you were approved for and received the card.
Aug 19, 2016, 9:12 am
#728
Join Date: Apr 2005
Location: PHX
Programs: Whatever you have, I have too.
Posts: 377
Anyone planning on having themselves and their spouse/partner/significant other apply next week? My husband and I are considering applying at the same time and I'm wondering if other couples are too.
Aug 19, 2016, 9:15 am
#729
Join Date: Apr 2014
Location: DC
Posts: 360
Yes, I plan to do that.
Both are over 5/24, will try to get the card for the both of us if indeed 5/24 does not apply on the first day(s).
After 1st year we'll keep mine (or downgrade to CSP) and dump hers.
Both are over 5/24, will try to get the card for the both of us if indeed 5/24 does not apply on the first day(s).
After 1st year we'll keep mine (or downgrade to CSP) and dump hers.
Aug 19, 2016, 9:19 am
#730
Join Date: Feb 2013
Programs: Hilton Plastic, Delta Silver Emeritus
Posts: 1,037
208,000 (or more) URP * 1 HGP/1 URP * 1 Nght/30,000 HGP = 7 Nights is tempting
Aug 19, 2016, 9:23 am
#731
Join Date: Jul 2013
Programs: SPG Gold/HH Diamond/CC Gold/Hyatt Explorist
Posts: 310
Aug 19, 2016, 9:27 am
#732
Join Date: Apr 2005
Location: PHX
Programs: Whatever you have, I have too.
Posts: 377
Aug 19, 2016, 9:31 am
#733
FlyerTalk Evangelist
Join Date: Dec 2003
Location: Benicia, California, USA
Programs: AA PLT,AS,UA PP,J6,FB,EY,LH,SQ,HH Dmd,Hyatt Glbl,Marriott Plat,IHG Plat,Accor Gold
Posts: 10,820
I personally think that even FTers who "churn this card" in the strictest sense and "close before year two" are really stupid imo. Yes, you are correct in thinking that most of us likely have plans to extract $300 from this card. Thus, those who wouldn't want to keep CSR at $150 per year vs CSP or ink plus at $95 are really dumb in my opinion and don't deserve to be playing this game
It is true however that this card is still missing that one defining benefit similar to amex centurion lounge access or citi 4th night free hotel, independent of $300 travel credit.. I hope they fix this gap by giving us united club access with this card or hotel status or something...... this is my personal view and analysis
Any hidden Chase marketing execs here, feel free to hire me, as I'm looking for work..😊
It is true however that this card is still missing that one defining benefit similar to amex centurion lounge access or citi 4th night free hotel, independent of $300 travel credit.. I hope they fix this gap by giving us united club access with this card or hotel status or something...... this is my personal view and analysis
Any hidden Chase marketing execs here, feel free to hire me, as I'm looking for work..😊
Totally disagree. That extra point may just not be worth it for many of us. I am switching my loyalty to DAL or AS next year. In either case, their branded cards are pretty awesome and I will have to put very good spending on DAL cards to get the MQMs.
Also, you can easily get 3x points and more on Amex for airlines spending and more on hotel spending -- I was recently targeted 10,000 MR for spending $500 or more in a single booking via Amex Travel. You start adding these benefits up and all of a sudden that extra point is totally meaningless. I also have hotel loyalty cards for free nights (IHG, Hyatt, Freemont, SPG, Hilton) where I get way more hotel points, so I don't care for the extra point
For Infiniti benefits, I have City Crystal and get the $100 discount that won't be offered with this product, and 12 GoGo passes per AU and $250 airline fee reimbursement per AU and the same car rental insurance coverage that comes with CSR.
For everyday spend, it's hard to beat EDP and for travel insurance, fourth night free, Citi Rewind, restaurants without Amex Offers of restaurant gift cards, I have the Prestige.
Bottom line, people who really know how to optimize spending for points and status will be canceling this card in 12 months or so after getting it.
Also, you can easily get 3x points and more on Amex for airlines spending and more on hotel spending -- I was recently targeted 10,000 MR for spending $500 or more in a single booking via Amex Travel. You start adding these benefits up and all of a sudden that extra point is totally meaningless. I also have hotel loyalty cards for free nights (IHG, Hyatt, Freemont, SPG, Hilton) where I get way more hotel points, so I don't care for the extra point
For Infiniti benefits, I have City Crystal and get the $100 discount that won't be offered with this product, and 12 GoGo passes per AU and $250 airline fee reimbursement per AU and the same car rental insurance coverage that comes with CSR.
For everyday spend, it's hard to beat EDP and for travel insurance, fourth night free, Citi Rewind, restaurants without Amex Offers of restaurant gift cards, I have the Prestige.
Bottom line, people who really know how to optimize spending for points and status will be canceling this card in 12 months or so after getting it.
Given the $450 price and since Chase is making this an appealing card that's supposed to compete with other high-end cards, I'm hoping that the 5/24 rule will be waived on the theory that lots of folks are like me and will hold onto it. But I should know better than to hope for such favors from the cc gods...
Aug 19, 2016, 9:41 am
#734
Join Date: Oct 2014
Location: PHL
Posts: 226
There will be a card tiered above palladium to release same day as CS(R) that will actually require private bank relationship and will not have loophole to allow app through CPC or over the phone as Palladium did. I'm told that will have the features of the speculated Palladium overhaul that never came to be. Will have details this coming week when I get mine.
Aug 19, 2016, 9:48 am
#735
Suspended
Join Date: Feb 2008
Posts: 836
Most of that sounds what I'd ultimately be looking for, but with one big caveat -- I don't want to have a "business relationship" with Chase other than the credit card. Not into being a Private Client of theirs, etc.
Darn, looks like it would be close to what I'm after though.