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 17, 2020, 10:50 am
#511
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
Jan 17, 2020, 12:25 pm
#512
Join Date: Aug 2006
Location: ATL, BHM, DUB, County Wexford
Programs: DL DM, AA ExPlt, Diamond HH, HY, BW, & Titanium Elite Marriott
Posts: 4,864
Jan 17, 2020, 4:00 pm
#513
Join Date: Apr 1999
Location: San Francisco, CA, USA
Programs: Hyatt LT Globalist, Marriot LT Titanium, UA 2.4MM, HH Gold, AS MVPG
Posts: 3,400
Up until now my husband and I have maintained our own CSR accounts. $450*2-600=$300 total for 2 cards, or $150 per person. It wasn't worth it to just do an "add" on as that would have been $450+75-300=$225, or $112.50 per person. Now with the increase I think it may be better to cancel 1 account and then have him be a secondary card holder. $550+$75-$300=$625, or $163 per person. He really never takes trips without me where the "benefits" that he looses would come into play (Priority Pass). Global Entry I can just pay for his, since the savings will more than make up for it.
Any other downsides I'm missing to just having 1 account and 2 card holders vs. 2 accounts?
Any other downsides I'm missing to just having 1 account and 2 card holders vs. 2 accounts?
Jan 17, 2020, 4:12 pm
#514
Join Date: Jul 2019
Location: Los Angeles, CA
Programs: American Express Platinum, Chase Sapphire Reserve
Posts: 619
Up until now my husband and I have maintained our own CSR accounts. $450*2-600=$300 total for 2 cards, or $150 per person. It wasn't worth it to just do an "add" on as that would have been $450+75-300=$225, or $112.50 per person. Now with the increase I think it may be better to cancel 1 account and then have him be a secondary card holder. $550+$75-$300=$625, or $163 per person. He really never takes trips without me where the "benefits" that he looses would come into play (Priority Pass). Global Entry I can just pay for his, since the savings will more than make up for it.
Any other downsides I'm missing to just having 1 account and 2 card holders vs. 2 accounts?
Any other downsides I'm missing to just having 1 account and 2 card holders vs. 2 accounts?
Jan 17, 2020, 4:14 pm
#515
Join Date: Jul 2002
Location: coastal Croatia
Programs: BAEC Gold, M&M Senator
Posts: 2,181
Got the email today and not happy at all. Won't use either the DoorDash or the Lyft (always rent a car for US travel and Europe seems to be excluded). Put $20K travel & dining on the card and $15K in regular spend annually and transfer to Hyatt or redeem for travel through the UR portal (mostly air but some hotel). Pay my bill in full every month so probably an unprofitable customer for Chase. So I have to do the calculations and figure out if 75,000 UR points a year is worth $250. Probably is but I'd certainly rather pay $150. As others have said, this was relatively easy before and now it's getting complicated. aarrgh!!
Jan 17, 2020, 4:31 pm
#516
Join Date: Apr 2017
Programs: AS 100k, DL PM, New Sagaya
Posts: 1,291
Up until now my husband and I have maintained our own CSR accounts. $450*2-600=$300 total for 2 cards, or $150 per person. It wasn't worth it to just do an "add" on as that would have been $450+75-300=$225, or $112.50 per person. Now with the increase I think it may be better to cancel 1 account and then have him be a secondary card holder. $550+$75-$300=$625, or $163 per person. He really never takes trips without me where the "benefits" that he looses would come into play (Priority Pass). Global Entry I can just pay for his, since the savings will more than make up for it.
Any other downsides I'm missing to just having 1 account and 2 card holders vs. 2 accounts?
Any other downsides I'm missing to just having 1 account and 2 card holders vs. 2 accounts?
Under the new benefits, only one cardholder can use Lyft Pink or Door Dash membership. But thats a non-issue for me.
Jan 17, 2020, 5:54 pm
#517
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,762
The more people who value easiness and simplicity, plus do not want to invest time to learn programs outside of the same old same old, the better off for those who are willing to invest time to get a better, often far better, both redemption value and better experiences.
VS indeed is a program worth one's time to learn, for its multiple sweet spots (with different partners who are in different Alliances!)
VS indeed is a program worth one's time to learn, for its multiple sweet spots (with different partners who are in different Alliances!)
Jan 17, 2020, 6:21 pm
#518
FlyerTalk Evangelist
Join Date: Oct 2014
Posts: 10,904
Sure, but it depends on whether or not you travel cheap. If you're staying in 5* hotels and flying J or F, then yes you can get more than 1.5x redemption for UR points by transferring. I, for example, usually fly economy and stay in cheaper hotels. I get 1.5x, but I still spend a lot less overall than someone traveling in a higher class and getting 2x or 3x.
The bottom line is, if you take the time to learn about the partner programs and find the sweet spots, you can easily get far more than 1.5c per pt value from UR. If you don't, then you will get 1.5c. This is no different than any other points or miles program -- if you take a little time to learn about the program and find out where the sweet spots are, you will get a lot more value out of it. 1.5c is just a default valuation for people who don't want to take this time.
Jan 17, 2020, 11:21 pm
#519
Join Date: Jan 2014
Location: SFO
Programs: OZ Diamond/*G, IHG Diamond Amb, Hilton Gold
Posts: 2,240
The more people who value easiness and simplicity, plus do not want to invest time to learn programs outside of the same old same old, the better off for those who are willing to invest time to get a better, often far better, both redemption value and better experiences.
VS indeed is a program worth one's time to learn, for its multiple sweet spots (with different partners who are in different Alliances!)
VS indeed is a program worth one's time to learn, for its multiple sweet spots (with different partners who are in different Alliances!)
Jan 18, 2020, 9:17 am
#520
Join Date: Aug 2017
Programs: Hilton Diamond, IHG Spire Ambassador, Global Entry
Posts: 2,862
BA is pretty easy to get 2c per, especially if you book business for short/medium haul OW partners. Now I wouldn’t value the cents at the actual J markup because I probably wouldn’t buy them at retail, but somewhere along the way that’s above 2c/pp.
But Hyatt indeed is the best place to redeem imo and you’ll always need a hotel if your travel once or twice a year
But Hyatt indeed is the best place to redeem imo and you’ll always need a hotel if your travel once or twice a year
Same with Hyatt. First I will say that I feel the Hyatt redemption is probably one of the best transfer partners for the average person. With that said, once you choose an option that is very limited in scope, it's not always the best option for "value". With limited properties, you either take the choice they offer or leave it. If you don't have Hyatt status, you're not getting many perks. If you do have the status, your hotel travel is covered better with their WoH CC.
Jan 18, 2020, 10:59 am
#521
Suspended
Join Date: Oct 2004
Location: Bay Area
Programs: DL SM, UA MP.
Posts: 12,729
So how many are going to drop this card before their next AF is due?
I'll miss the 3X travel and restaurants, the primary rental car coverage.
But that extra $100 ...
I'll miss the 3X travel and restaurants, the primary rental car coverage.
But that extra $100 ...
Jan 18, 2020, 1:12 pm
#522
Join Date: May 2011
Location: NYC (LGA, JFK), CT
Programs: Delta Platinum, American Gold, JetBlue Mosaic 4, Marriott Platinum, Hyatt Explorist, Hilton Diamond,
Posts: 4,895
IMO, you should only drop the card if you have an alternative (many of us do with Amex Gold). I was ranting against this card but I am reconsidering through at least 2022 due to Lyft benefits
Jan 18, 2020, 1:25 pm
#523
FlyerTalk Evangelist
Join Date: Oct 2014
Posts: 10,904
This here lies the problem with the higher valuations. Trying to force yourself to buy something you wouldn't otherwise buy because getting 2-3 cents per point isn't always a shopping habit you would even mirror with your own money. If one of these international business flights were to go 33% on a cash discount, would the average person buy it? Still probably not. But a 33% savings in points "value" is an amazing deal? It's almost like valuing my cash for a higher rate because I can give some obscure example of something that is cheaper in another country.
Same with Hyatt. First I will say that I feel the Hyatt redemption is probably one of the best transfer partners for the average person. With that said, once you choose an option that is very limited in scope, it's not always the best option for "value". With limited properties, you either take the choice they offer or leave it. If you don't have Hyatt status, you're not getting many perks. If you do have the status, your hotel travel is covered better with their WoH CC.
Same with Hyatt. First I will say that I feel the Hyatt redemption is probably one of the best transfer partners for the average person. With that said, once you choose an option that is very limited in scope, it's not always the best option for "value". With limited properties, you either take the choice they offer or leave it. If you don't have Hyatt status, you're not getting many perks. If you do have the status, your hotel travel is covered better with their WoH CC.
Having Hyatt status has nothing to do with this, nor does having the WoH CC. Of course I put my Hyatt spend on the WoH CC; that has nothing to do with my ability to transfer UR to Hyatt, not does it have any effect on the value of a UR point.
International premium cabin tickets generally give more like a 10-20c valuation than 2-3c. For example, you can get a round trip first class ticket to Japan on ANA for 110k VS miles. That's a $20k ticket. When people say 2-3c, they are taking about economy tickets.
Jan 18, 2020, 1:44 pm
#524
Join Date: Jun 2011
Posts: 3,528
I might downgrade, I still earn a lot of UR with my other no-AF UR cards.
Primary rental car coverage is also available on the CSP, Ritz card, United Explorer, and USBank Altitude, if you want that benefit at a lower price.
Primary rental car coverage is also available on the CSP, Ritz card, United Explorer, and USBank Altitude, if you want that benefit at a lower price.
Jan 18, 2020, 3:15 pm
#525
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,762
Very possible. That is the beauty of having a flexible currency that you can part it at its home base until you need a particular redemption.