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Sapphire Reserve 60k, $4,000 spend in 3 months, $550 fee.

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Old Jan 14, 2020, 9:39 am
FlyerTalk Forums Expert How-Tos and Guides
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:
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.
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

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Sapphire Reserve 60k, $4,000 spend in 3 months, $550 fee.

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Old Nov 20, 2019, 5:13 pm
  #1  
Original Poster
 
Join Date: Apr 2019
Posts: 251
Sapphire Reserve 60k, $4,000 spend in 3 months, $550 fee.

So it appears the fee on the CSR may be going to $550 soon:

Current
https://applynow.chase.com/FlexAppWe..._type=appterms

New
https://applynow.chase.com/FlexAppWe..._type=appterms
time_stamp is offline  
Old Nov 20, 2019, 5:18 pm
  #2  
 
Join Date: Jun 2008
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Originally Posted by time_stamp
So it appears the fee on the CSR may be going to $550 soon:

Current
https://applynow.chase.com/FlexAppWe..._type=appterms

New
https://applynow.chase.com/FlexAppWe..._type=appterms
Any idea when? Do we get grandfathered in for at least a year?
trikotret is offline  
Old Nov 20, 2019, 5:26 pm
  #3  
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Join Date: Apr 2019
Posts: 251
Originally Posted by trikotret
Any idea when? Do we get grandfathered in for at least a year?
I have no idea. Reports on reddit of people already getting cards with the new fee, though it doesn't seem like Chase intended this to happen yet.
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Old Nov 20, 2019, 5:27 pm
  #4  
 
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Originally Posted by time_stamp
I have no idea. Reports on reddit of people already getting cards with the new fee, though it doesn't seem like Chase intended this to happen yet.
It doesn't make sense to send cards with new fee while they advertising the 450 on their site.
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Old Nov 20, 2019, 5:31 pm
  #5  
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Join Date: Apr 2019
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Originally Posted by trikotret
It doesn't make sense to send cards with new fee while they advertising the 450 on their site.
There is a kind of delicate backstory as to why this happened and I'm not trying to kill a wounded unicorn. My pure speculation is that Amex made their Green card look equivalent to the CSR and maybe Chase is saying "no, it's the Platinum!" So I'd expect some sort of increased features as well.
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Old Nov 20, 2019, 5:53 pm
  #6  
 
Join Date: Jul 2017
Posts: 95
Is the $550 fee only associated with leaked link apps?
Dream of Flying is offline  
Old Nov 20, 2019, 5:54 pm
  #7  
 
Join Date: Oct 2016
Posts: 277
It probably will come with a new dining credit of some form: https://www.doctorofcredit.com/rumor...phire-reserve/

And those with the higher annual fee were using scraped links that weren’t meant for the public.
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Old Nov 20, 2019, 6:32 pm
  #8  
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If there's a dining credit getting added, I hope it works like the current travel credit and not some $10-15/month thing like what AmEx does.
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Old Nov 20, 2019, 6:35 pm
  #9  
 
Join Date: Jun 2008
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Originally Posted by tmiw
If there's a dining credit getting added, I hope it works like the current travel credit and not some $10-15/month thing like what AmEx does.
I sure hope so. Amex credit makes you work hard to get it. I used to get out of my way to use it.
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Old Nov 20, 2019, 6:54 pm
  #10  
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Originally Posted by trikotret
I sure hope so. Amex credit makes you work hard to get it. I used to get out of my way to use it.
At that point, I wouldn't consider the credit worth the money. It's something that should ideally offset spending you're already doing and not something that requires you to spend money you don't have.

Anyway, the preferred dining credit setups for me (most to least) are:
  1. Like current travel credit but using dining-related MCCs instead of travel.
  2. $x/month but all dining-related MCCs apply.
  3. Like current travel credit but restricted to e.g. Doordash/Postmates/etc.
  4. $x/month but restricted to DoorDash/Postmates/etc.
BTW, what are we thinking for the total amount of the credit? Will it just be $100 to offset the supposed AF increase or will it end up being more or less?
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Old Nov 20, 2019, 7:28 pm
  #11  
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Join Date: Apr 2019
Posts: 251
The Postmates deal with the Savor card is expiring, so that's a possibility. But honestly I don't see a dining credit being a good fit with the CSR, which is supposed to be an aspirational travel card. A dining credit makes more sense for the CSP (when it's fee inevitably goes to $150.) And the CSR was said to be losing money with the flexible travel credit, so I don't see another flexible credit making sense either.

At $550 it's competing directly against the Platinum, so it should have some perks that make the CSR seem like a luxury card. PP doesn't really cut it anymore. It's going to need some hotel status, it's going to need some travel related partnerships. Maybe they can get some sort of United Club access as part of a renegotiation. My guess is anybody expecting a $550 card to be some sort rewards focused card will probably be disappointed.
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Old Nov 22, 2019, 1:21 pm
  #12  
 
Join Date: Jan 2014
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What would be interesting is adding an airport restaurant credit for those airports without PP restaurants....it would both put the card on the top of one's wallet when one actually goes on a trip meaning they might use it at hotels etc. during the trip which can add up to a lot of charging, and it might have a decent amount of breakage for those who don't travel much and got the card for the 3X on dining if they forget to use the dining credit.

I'm really hoping for it not to be $10/month for UberEats because that would basically be worthless to me.
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Old Nov 28, 2019, 10:59 am
  #13  
 
Join Date: Jun 2008
Location: BAY AREA
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Originally Posted by Happy
The language is unclear but in all practical sense, the CSR $300 travel credit is a card benefit Starting at the moment you own the card - much like the AMEX cards' airline benefits, EXCEPT you dont have to enroll on anything, it is automatic. You do need to enroll the PP benefit either online or calling Chase.

Slightly off topic - everyone should have known by now, Chase closely monitor the ecosystem of Sapphire cards - it announ
Now we are seeing the rumors on Chase testing the water on raising the fee, and adding some crappy benefits... It remains to be seen how that would fair with the cardholders. At a Net $250 AF, this card is NOT worth it in many people's books, ours incl. My bet is the attrition rate that Chase brags about will go thru the roof and for the first time, there will be retention offers for CSR.
I've read about the rumors and I think it's a matter of time when they increase the fee. There were many forums showing that some people got 550 annual fee terms and conditions. I haven't seen any feedback from the card holders with the 550 fee. Did they call cs to clarify about the fee since Chase is advertising it 450 on their site? Since Amex increased their fees, it's a matter of time when Chase will follow.
trikotret is offline  
Old Nov 28, 2019, 7:25 pm
  #14  
 
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Originally Posted by trikotret
I've read about the rumors and I think it's a matter of time when they increase the fee. There were many forums showing that some people got 550 annual fee terms and conditions. I haven't seen any feedback from the card holders with the 550 fee. Did they call cs to clarify about the fee since Chase is advertising it 450 on their site? Since Amex increased their fees, it's a matter of time when Chase will follow.
That's not going to happen....the people who have already obtained the $550 card obtained it by using leaked links that were provided via someone's url web scraping efforts. In other words, they weren't supposed to have access to those links yet.
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Diplomatico is offline  
Old Nov 28, 2019, 7:28 pm
  #15  
 
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,125
Originally Posted by Diplomatico
That's not going to happen....the people who have already obtained the $550 card obtained it by using leaked links that were provided via someone's url web scraping efforts. In other words, they weren't supposed to have access to those links yet.
LMAO. Those links cost them $100 more. 😂
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trikotret is offline  


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