Jan 14, 2020, 9:39 am
Last edit by: philemer
Use this thread to discuss the Sapphire Reserve card offer.
Application page with bonus offer (60,000 UR after spending $4,000 in 90 days):
https://creditcards.chase.com/rewards-credit-cards/sapphire/reserve?CELL=6TKX
There are separate threads to discuss:
$300 Travel Credit
Priority Pass
Concierge Service
Travel Insurance
Global Entry/TSA PreCheck reimbursement.
This card is subject to Chase's 5/24 policy. For information on (and discussion of) the policy, see Applying for Chase Credit Cards, 2017 onward. You can override 5/24 by having an in-branch pre-approval (only! online prequalification does NOT override 5/24), 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.)
As of August 2018, all Chase Sapphire cards are (with limited exceptions) subject to an additional restriction:
See Sapphire (CSR & CSP) 48 months between bonuses, August 2018 for details and ongoing discussion.
50,000 UR points is worth $500 as statement credit, $750 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. (verified in Post #2635 ; also verified by Chase)
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 card is made of the same material as the CSP, and is being shipped UPS Next Day Air.
How to determine your account number, expiration date, and shipping date before receiving the card
(** Note that this no longer seems to work checking on 5/18 - the account number in the secure message header is XXXXXX'd out except for last 4 digits)
(** Also I do not see any recent comments 5/18 on timely shipping or shipping method)
1. Send a secure message (SM) from the account. A common SM would be to ask about the sign-up bonus and last day to complete the spend requirement (which appears to be approximately 3.5 months from the date of approval).
2. Check the Sent Messages folder, and the full account number will be listed in the header of the message that you just sent. The number starts with 414720.
3. The expiration date is five years from the month of approval. So, if you were approved on August 31, 2016, your expiration date will be August 2021.
4. CVV2 number is not available, so if a merchant requires it for payment, you must wait for the physical card.
5. According to many reports, the card is not activated until it is shipped, which happens to be via UPS Next Day Air Saver (if shipped on Friday, you will not receive the card until Monday or the next business day). To find out when it is shipped, go to My UPS and sign up for a free account. You'll be notified when a shipment is destined for your address.
6. Contrary to what the customer service rep may tell you about the delivery of the card—such as the card will take 1-2 weeks or that expedited shipping is not available—the card is actually expedited and shipped via express shipping, as mentioned in #5. There is no need to ask for expedited shipping.
Priority Pass Select
Click HERE to read the separate thread discussing this benefit.
As soon as the account shows up online:
1. Click on Go To Ultimate Rewards.
2. Scroll down to the very bottom left and click on "Card Benefits"
3. Activate Membership to request card.
4. Card will take 1-2 weeks and can't be expedited, but members have reported success in charging the lounge access to the card and requesting a refund from Customer Service.
5. PP cards will be issued for the account holder and any AU(s)
6. According to Chase, CSR's PP membership includes guest access.
Duplicate Card
1. If you receive the plastic card, wait for the metal card to arrive automatically.
2. If you receive the metal card, send SM or call to request plastic card (for use with overseas merchants that require a card imprint, because you hate metal cards, whatever).
3. DO NOT request a replacement card (especially under any pretense that the card was lost or misplaced).
4. Both cards will have the same number, expiration and CVV. Both cards will work.
5. It appears that all CSR cards are sent overnight once produced, including the plastic 'replacement' cards. No need to request expedited shipping.
Authorized User Card:
1. $75 each authorized card each year.
2. Same Priority Pass membership as the main card.
3. Same earning rate on spending. Same fringe benefits as the main card like purchase, car rental and travel insurance etc.
4. No additional Global Entry/TSA credit. Only one credit for the entire account.
5. No additional annual travel credit.
How to get bonus points on the first statement
Act very quickly; you may have less than a week. It depends on the timing of your first statement and when you receive the card. 4K in spending has to clear (not pending) about a week before the statement cuts in order to get the bonus points on that statement. Under "account details" you can see your first payment due date. Your closing date is usually three calendar days after your due date. For instance, if your very first bill is due October 20 that statement would close on September 23, and spending would have to clear by approximately September 16 in order to get the bonus points.
The prior, archived version of this thread can be found here: https://www.flyertalk.com/forum/chase-ultimate-rewards/1814294-chase-sapphire-reserve-csr-50k-ur-benefit-reductions-august-2018-a.html
Application page with bonus offer (60,000 UR after spending $4,000 in 90 days):
https://creditcards.chase.com/rewards-credit-cards/sapphire/reserve?CELL=6TKX
There are separate threads to discuss:
$300 Travel Credit
Priority Pass
Concierge Service
Travel Insurance
Global Entry/TSA PreCheck reimbursement.
This card is subject to Chase's 5/24 policy. For information on (and discussion of) the policy, see Applying for Chase Credit Cards, 2017 onward. You can override 5/24 by having an in-branch pre-approval (only! online prequalification does NOT override 5/24), 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.)
As of August 2018, all Chase Sapphire cards are (with limited exceptions) subject to an additional restriction:
The product is not available to either (i) current cardmembers of any Sapphire credit card, or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 48 months.
50,000 UR points is worth $500 as statement credit, $750 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. (verified in Post #2635 ; also verified by Chase)
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 card is made of the same material as the CSP, and is being shipped UPS Next Day Air.
How to determine your account number, expiration date, and shipping date before receiving the card
(** Note that this no longer seems to work checking on 5/18 - the account number in the secure message header is XXXXXX'd out except for last 4 digits)
(** Also I do not see any recent comments 5/18 on timely shipping or shipping method)
1. Send a secure message (SM) from the account. A common SM would be to ask about the sign-up bonus and last day to complete the spend requirement (which appears to be approximately 3.5 months from the date of approval).
2. Check the Sent Messages folder, and the full account number will be listed in the header of the message that you just sent. The number starts with 414720.
3. The expiration date is five years from the month of approval. So, if you were approved on August 31, 2016, your expiration date will be August 2021.
4. CVV2 number is not available, so if a merchant requires it for payment, you must wait for the physical card.
5. According to many reports, the card is not activated until it is shipped, which happens to be via UPS Next Day Air Saver (if shipped on Friday, you will not receive the card until Monday or the next business day). To find out when it is shipped, go to My UPS and sign up for a free account. You'll be notified when a shipment is destined for your address.
6. Contrary to what the customer service rep may tell you about the delivery of the card—such as the card will take 1-2 weeks or that expedited shipping is not available—the card is actually expedited and shipped via express shipping, as mentioned in #5. There is no need to ask for expedited shipping.
Priority Pass Select
Click HERE to read the separate thread discussing this benefit.
As soon as the account shows up online:
1. Click on Go To Ultimate Rewards.
2. Scroll down to the very bottom left and click on "Card Benefits"
3. Activate Membership to request card.
4. Card will take 1-2 weeks and can't be expedited, but members have reported success in charging the lounge access to the card and requesting a refund from Customer Service.
5. PP cards will be issued for the account holder and any AU(s)
6. According to Chase, CSR's PP membership includes guest access.
Duplicate Card
1. If you receive the plastic card, wait for the metal card to arrive automatically.
2. If you receive the metal card, send SM or call to request plastic card (for use with overseas merchants that require a card imprint, because you hate metal cards, whatever).
3. DO NOT request a replacement card (especially under any pretense that the card was lost or misplaced).
4. Both cards will have the same number, expiration and CVV. Both cards will work.
5. It appears that all CSR cards are sent overnight once produced, including the plastic 'replacement' cards. No need to request expedited shipping.
Authorized User Card:
1. $75 each authorized card each year.
2. Same Priority Pass membership as the main card.
3. Same earning rate on spending. Same fringe benefits as the main card like purchase, car rental and travel insurance etc.
4. No additional Global Entry/TSA credit. Only one credit for the entire account.
5. No additional annual travel credit.
How to get bonus points on the first statement
Act very quickly; you may have less than a week. It depends on the timing of your first statement and when you receive the card. 4K in spending has to clear (not pending) about a week before the statement cuts in order to get the bonus points on that statement. Under "account details" you can see your first payment due date. Your closing date is usually three calendar days after your due date. For instance, if your very first bill is due October 20 that statement would close on September 23, and spending would have to clear by approximately September 16 in order to get the bonus points.
The prior, archived version of this thread can be found here: https://www.flyertalk.com/forum/chase-ultimate-rewards/1814294-chase-sapphire-reserve-csr-50k-ur-benefit-reductions-august-2018-a.html
Sapphire Reserve 60k, $4,000 spend in 3 months, $550 fee.
Jan 13, 2020, 9:53 am
#436
Join Date: Jun 2015
Location: DAY
Programs: Rapid Rewards, Skymiles, Hilton HHonors, SPG/Marriott Rewards
Posts: 4,939
In addition to competing with Citi Premier like Mia says, CSP also competes with cards like Amex Green (3x travel and dining at $150 before credits), Cap One Venture (2x cash / 1.5x transferrable on everything at $95 before credits). Hard to see how Chase justifies a fee increase on that card for now...
Jan 13, 2020, 10:54 am
#437
Join Date: Jul 2003
Location: CT/ Germany - Ich spreche deutsch
Programs: UA 1K, Bonvoy LTTE, HH Dia, HY Expl
Posts: 4,652
Jan 13, 2020, 10:57 am
#438
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
Jan 13, 2020, 11:16 am
#439
Join Date: Jul 2003
Location: CT/ Germany - Ich spreche deutsch
Programs: UA 1K, Bonvoy LTTE, HH Dia, HY Expl
Posts: 4,652
Jan 13, 2020, 11:23 am
#440
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
If you want to Transfer points to an airline or hotel partner you must have a Sapphire Reserve, JPM Reserve, Sapphire Preferred, INK Preferred (or certain discontinued cards). You can maintain the account balance with a free card, but the ability to transfer will be lost until you again hold one of those cards.
Jan 13, 2020, 11:23 am
#441
Join Date: Jun 2015
Location: DAY
Programs: Rapid Rewards, Skymiles, Hilton HHonors, SPG/Marriott Rewards
Posts: 4,939
Jan 13, 2020, 11:33 am
#442
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,740
What you would lose is the transferrability to partners, as well as the enhanced value of making bookings thru UR portal. If you dont have the immediate needs for both, you can park the UR pts at no fee cards until the needs arise then you either upgrade or do a new app for sign up bonus if qualified.
In the past our household has gone thru various periods without having a fee-based UR card when there is no such need.
Many households only keep ONE fee-based UR card to maintain the enhanced capability / benefits.
You would need to Combine the points held by the card that you plan to close into the account that you plan to keep open. This does not happen. automatically.
If you want to Transfer points to an airline or hotel partner you must have a Sapphire Reserve, JPM Reserve, Sapphire Preferred, INK Preferred (or certain discontinued cards). You can maintain the account balance with a free card, but the ability to transfer will be lost until you again hold one of those cards.
If you want to Transfer points to an airline or hotel partner you must have a Sapphire Reserve, JPM Reserve, Sapphire Preferred, INK Preferred (or certain discontinued cards). You can maintain the account balance with a free card, but the ability to transfer will be lost until you again hold one of those cards.
Jan 13, 2020, 11:34 am
#443
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,740
Jan 13, 2020, 11:39 am
#444
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,740
The rest of points depend on one's travel pattern, incl time of the year (weather related delays), for one really needs to read the fine print on the travel insurances so to avoid being caught by nasty surprises - not all travel delays / interruptions are covered.
Jan 13, 2020, 11:53 am
#445
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,740
The value of Hyatt program really lies at both ends of the spectrum. It definitely worth one's time to learn about the program if one does not have much idea. The ratio of transfer is only a very small part of the equation - how much it costs for redemption as well as the inventory availability, are far more important.
Jan 13, 2020, 12:26 pm
#446
Join Date: May 2011
Location: NYC (LGA, JFK), CT
Programs: Delta Platinum, American Gold, JetBlue Mosaic 4, Marriott Platinum, Hyatt Explorist, Hilton Diamond,
Posts: 4,888
Hyatt - 5.5 points per dollar with Discoverist (highest status you can get with credit card)
Marriott - 12.5 points per dollar with Gold (highest status you can get by holding a card)
Hilton - 20 points per dollar with Diamond (highest status you can get with holding a card)
Jan 13, 2020, 12:33 pm
#447
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,740
Kind of off topic, but while Hyatt is great for transferring points, it is important to point out earnings rate on paid stays
Hyatt - 5.5 points per dollar with Discoverist (highest status you can get with credit card)
Marriott - 12.5 points per dollar with Gold (highest status you can get by holding a card)
Hilton - 20 points per dollar with Diamond (highest status you can get with holding a card)
Hyatt - 5.5 points per dollar with Discoverist (highest status you can get with credit card)
Marriott - 12.5 points per dollar with Gold (highest status you can get by holding a card)
Hilton - 20 points per dollar with Diamond (highest status you can get with holding a card)
Take the Park Hyatt at 30K - for the compatible Marriott Cat 8 properties you are looking at 85K standard, 100K peak.
It remains to be seen how Hyatt prices the Off Peak / Peak value come March. I would think it is still at similar ratio comparing to how much Marriott wants.
HH basically is just a revenue system at $0.004 per pt value in 85% or 90% of the cases. Just divide the cash rate by the $0.004 or $0.0045 and then round it up to see how many pts required to redeem that award night.
Jan 13, 2020, 1:24 pm
#448
A FlyerTalk Posting Legend
Join Date: Aug 2003
Programs: UA 1K 1MM (finally!), IHG AMB-Spire, HH Diamond
Posts: 60,155
We should be very comfortable referring to it as a net $250 card. If it is more than this you should probably cancel it.
Now whether it is worth net $250 is the question.
Jan 13, 2020, 2:50 pm
#449
Join Date: Aug 2005
Posts: 66
Technically you prepay and also dont earn points for the $300 credit. At the minimum, you lose 900 points worth.
Jan 13, 2020, 2:57 pm
#450
Join Date: May 2009
Posts: 1,570
