- 1 Chase Sapphire Reserve $300 Travel Credit Posted
- 2 IT'S OFFICIAL: Chase Sapphire Reserve Card Launches Next Week
- 3 Chase Sapphire Reserve℠ - Earn 50,000 bonus points
- 4 Chase Sapphire Reserve Card 50,000 Bonus Points
- 5 Chase Sapphire Reserve℠ vs. Chase Sapphire Preferred® Card Review
- 5.1 Chase Sapphire Reserve℠ vs. Chase Sapphire Preferred® Card snapshot
- 5.2 Chase Sapphire Preferred® Card: our highlights
- 5.3 Comparing the introductory points bonus
- 5.4 Why the Chase Sapphire Reserve℠ card may be a preferred choice for travelers
- 5.5 $300 annual travel statement credit
- 5.6 Global Entry or TSA Pre ✓® fee credit ($100 or $85)
- 5.7 Complimentary airport lounge access
- 5.8 Why you may like the Chase Sapphire Preferred® Card better
Chase Sapphire Reserve $300 Travel Credit Posted
The Chase Sapphire Reserve card comes with a hefty annual fee of $450, unlike most of the premium cards Chase does not waive the annual fee for the first year for the Chase Sapphire Reserve card. But you do not have to balk at the hefty annual fee of $450. Chase Sapphire Reserver give you $300 worth of travel credit every year that brings down the annual fee to $150.
Chase Sapphire Reserver Travel Credit Posted
Few, weeks ago I wrote a blog article about getting the Chase Sapphire Reserve approved for my spouse. Chase Sapphire Reserve is one the best premium card available in the market with a lot of Ultimate Rewards Point earning opportunities for travel related category.
I have an upcoming trip for that I needed to make a flight ticket reservation, and I decided to use the Chase Sapphire Reserver card for purchasing the ticket. Within 24 hours after buying the ticket, I checked my account and Chase had posted the Chase Sapphire Reserve travel credit of $300 to my spouse account.
Earned 3 Points Per Dollar Spent
When I used the Chase Sapphire Reserve, I also earned three ultimate rewards points per dollar spent and received 2.100 points for the transaction. The points earning is better than Chase Sapphire Reserve my other card available in my portfolio of travel cards.
The points are worth 1.5 cents per point if you use the point for travel rewards through Chase Ultimate Rewards Portal and it is worth even more if I transfer the points to Chase Airline Partners and use the miles for booking premium class travel.
IT'S OFFICIAL: Chase Sapphire Reserve Card Launches Next Week
Update 11/15/16: The Chase Sapphire Reserve has consistently been rated a top rewards credit card since its release. See all the details.
Update 8/18/16: Chase has recently confirmed that one of the Visa Infinite perks - a $100 discount on airfare - is not included with this card. This post has been updated to reflect the change.
It’s official! Chase just announced the new Sapphire Reserve Card and we’ve got our confetti cannons and party streamers out to celebrate. The card is set to launch next week and may very well be the best travel card that's ever been offered.
What makes this card so great? It’s tough to pick and choose, but the Chase Sapphire Reserve reviews we've seen so far have really blown us away. Here are a few solid takeaways.
When we first reported the rumors about this card, the huge sign-up bonus really caught my eye. You can earn 100,000 bonus points when you spend $4,000 in the first three months. And since Chase equates 100,000 bonus points as the equivalent of $1500 since flights, hotels, rentals cars, and cruises can be redeemed at a rate of 1.5 cents each when booking through the Ultimate Rewards portal.
And that’s if you’re not even trying that hard…
You can also take advantage of transferring your points to some of Chase’s partner programs and get up to 2.1 cents per point in value, bringing the total worth of your bonus points to $2,100. This, of course, is just an example, but still - you’d be hard-pressed to find anything nearly as good as this bonus.
Needing to stand out above the rest, the Chase Sapphire Reserve also offers an annual $300 travel credit to its cardholders that’s good for anything coded as travel. What’s cool about this is unlike the Citi Prestige and American Express Platinum, this travel credit can be applied to hotel accommodations, flights, trains, taxis, and more.
Uncapped 3x Ultimate Rewards Points
This benefit alone makes it difficult to even think about using any of the other rewards credit cards in my arsenal (although I’m sure I’ll manage somehow). Using this card, you’ll be able to earn 3x Ultimate Rewards points on all travel and dining expenses worldwide, which is a 6.3% return on your charges. That’s huge! Also, there are no foreign transaction fees.
Did I Mention It’s a Visa Infinite?
While Chase has just confirmed that the $100 discount on round-trip airfare will not be included with this card, you'll still be able to enjoy all the Chase Sapphire Reserve perks on top of some Visa Infinite perks such as trip cancellation and delay coverage, car rental insurance, lost luggage reimbursements, and, one of my favorites, a $100 Global Entry Fee credit that includes a TSA PreCheck.
Access to More Than 900 Airport Lounges
Another great benefit for this card is the incredible access to over 900 airport lounges around the world. With your Priority Pass Select membership - which you’ll get automatically when you sign up for a Chase Sapphire Reserve - you’ll be able to relax comfortably while you wait for your flight and enjoy the amenities in the lounge (which are not to be underestimated the next time you’re looking for an available outlet to charge your phone in an airport).
This powerhouse card does come with a fairly hefty annual fee of $450, but considering the annual rewards and perks you’ll receive, getting this card is still a no-brainer.
We’ll keep you posted on any other news that comes out about this card, but in the meantime, let us know your thoughts and any questions you can think of in the comments section.
Disclaimer: This content and the opinions expressed here are the author’s alone and have not been provided, commissioned, or endorsed by the credit card issuer. All information was accurate at the time of this post but card terms and conditions may change at any time.
Chase Sapphire Reserve℠ - Earn 50,000 bonus points
Posted 08-24-2016, 11:12am
Take also into account: triple points, lounge access and TSApre // @anonymous : The annual fee is way too high!
$1000 trip was $300) and got triple points as well.
Long story short: (after spending $4000 - I paid a business expense with the card) I'm one month in and I already have 16,000 points. OMG! This card is bomb. // @anonymous : it doesn't say how to qualify $300 credit back. "up to" means you might get $50 or less.
Chase Sapphire Reserve Card 50,000 Bonus Points
The Chase Sapphire Reserve Card will give you 50,000 bonus points after $4,000 in purchases within the first 3 months, a $300 annual credit for travel-related purchases, and many other features and benefits.
The information related to the Chase Sapphire Reserve Card has been collected by Maximizing Money and has not been reviewed or provided by the issuer of this card.
The 50,000 bonus points are worth $750 in travel when you redeem them for airfare, hotels, car rentals, and cruises through Chase Ultimate Rewards.
Updated 1/18/2017: Please note that you may still be able to qualify for the original 100,000 bonus point offer for the Chase Sapphire Reserve Card (as shown below) in-brach at Chase Bank through March 12, 2017, so apply in person to get the biggest bonus with this card.
You’ll also earn 3 points per $1 spent on travel and restaurant purchases worldwide, and you’ll earn 1 point per $1 spent on all other purchases.
The Chase Sapphire Reserve Card does have a $450 annual fee, which is not waived for the first year, but with the $300 annual travel-purchase credit, free airport lounge access, and other benefits, the annual fee may be worth while for many travelers.
The Chase Sapphire Reserve Card is available directly on the Chase Bank website and in Chase branches. You may also be interested in the Barclaycard CashForward Card to earn 1.5% cash back on all purchases with a $100 new account bonus.
Chase Sapphire Reserve Card Benefits
- Earn 50,000 Bonus Points after $4,000 in Purchases within the first 3 months of account opening.
- Earn 3X Points on Travel Purchases Worldwide.
- Earn 3X Points on Dining Purchases Worldwide.
- Earn 1X Points on All Other Purchases.
- No limit to points earned, and points don’t expire as long as your account is open.
- Your points are worth 50% more when you redeem for airfare, hotels, car rentals, and cruises through Chase Ultimate Rewards.
- Receive $300 Annual Travel Credit for Travel-Related Purchases Charged to Your Card.
- Receive Complimentary Airport Lounge Access for You and Your Authorized Users.
- Receive Global Entry or TSA Precheck Fee Credit of up to $100 Every 4 Years.
- Receive Car Rental Upgrades and Discounts.
- No Foreign Transaction Fees.
- Trip Cancellation or Interruption Insurance for up to $10,000 Per Trip.
- Auto Rental Collision Damage Waiver up to $75,000 for theft and collision damage for rental cars in the U.S. and abroad.
- Baggage Delay Insurance up to $100 Per Day for 5 Days to Cover Essential Purchases like Toiletries and Clothing.
- Trip Delay Reimbursement to cover meals and lodging for up to $500 Per Ticket.
- Roadside Assistance for up to $50 Per Incident 4 Times a Year.
- Lost Luggage Reimbursement up to $3,000 Per Passenger.
- Travel Accident Insurance up to $100,000.
- Emergency Evacuation and Transportation up to $100,000.
- Emergency Medical and Dental up to $2,500 when you travel 100 miles or more from home on a trip.
- $450 Annual Fee.
The new Chase Sapphire Reserve Card provides a great option for frequent fliers and heavy travelers who will take advantage of the travel credits and other exclusive benefits, and it offers an alternative option from the American Express Platinum Card for a premier travel credit card.
You may also consider the Chase Sapphire Preferred Card for great travel benefits with a lower annual fee that is waived for the first year.
Barclaycard CashForward Credit Card $200 Bonus – New Increased Offer
Apply for the Barclaycard CashForward™ World Mastercard® to earn a $200 cash bonus after you spend $1,000 on purchases within the first 90 days after account opening, plus get 1.5% cash back on all purchases with a 5% redemption bonus and no annual fee. [Read More] Barclaycard CashForward Credit Card $200 Bonus – New Increased Offer
Chase Sapphire Reserve℠ vs. Chase Sapphire Preferred® Card Review
Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
Chase Sapphire Reserve℠ vs. Chase Sapphire Preferred® Card snapshot
EDITOR’S NOTE: The Chase Sapphire Reserve℠ and Chase Sapphire Preferred® Card offers mentioned in this article are expired and are no longer available
The Chase Sapphire Preferred® Card has long been a top choice among travelers but a new contender has appeared on the scene. The Chase Sapphire Reserve℠ card offers even more rewards-earning power, along with premium travel benefits like complimentary airport lounge access and special rental car privileges.
The added perks come at a price. The Chase Sapphire Reserve℠ card comes with a $450 annual fee beginning in the first year. That’s significantly higher than the $95 ongoing annual fee that applies to the Chase Sapphire Preferred® Card after the first year of card membership.
If you’re wondering whether that higher fee is worth it, it helps to understand how the two cards stack up side by side. Keep reading to learn what each card brings to the table which may help define what type of traveler each one is better suited for.
Chase Sapphire Preferred® Card: our highlights
The Chase Sapphire Preferred® Card offers cardmembers a way to earn 2X points per dollar on purchases for travel and dining at restaurants – travel from airfare and hotels to fine dining at restaurants and cafes. All other purchases earn 1X point per dollar. Chase Sapphire Preferred® Card was named Best Credit Card for Flexible Travel Redemption – Kiplinger’s Personal Finance, July 2016.
The Chase Sapphire Reserve℠ card takes earning up a notch. Cardmembers earn 3X points per dollar spent on travel and dining at restaurants worldwide – travel from airfare and hotels to fine dining at restaurants and cafes. All other purchases earn 1X point per dollar spent. The Chase Sapphire Reserve℠ card is a new card to the field of credit cards so it hasn’t had a chance to build up the following that the Chase Sapphire Preferred® Card has.
Merchants in the travel category include airlines, hotels, motels, timeshares, campgrounds, car rental agencies, cruise lines, travel agencies, discount travel sites, and operators of passenger trains, buses, taxis, limousines, ferries and more.
Please note that some merchants that provide transportation and travel-related services are not included in this category; for example, real estate agents, websites or owners that rent vacation properties, in-flight goods and services, on-board cruise line goods and services, sightseeing activities, tourist attractions, merchants within airports, and merchants that rent vehicles for the purpose of hauling. In addition, the purchasing of points or miles does not qualify in this category.
In any case, the points you earn depend on how the merchant is categorized in the payment processing system, and Chase has no control over that.
Comparing the introductory points bonus
Both the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve℠ card offer one-time bonus points to eligible new cardmembers. With the Chase Sapphire Preferred® Card you can currently earn 50,000 bonus points after you spend at least $4,000 on purchases in the first three months from account opening.
While that’s certainly generous, the Chase Sapphire Reserve℠ card offers eligible new cardmembers 100,000 bonus points for the same $4,000 minimum spending requirement during the same time period, however this online offer ends soon, you need to apply by January 11, 2017.
Both cards earn Chase’s proprietary Ultimate Rewards® points, which can be redeemed via the Chase Ultimate Rewards® portal, and both cards offer an added incentive for redeeming your points for travel purchases in the form of a higher dollar value for each point.
When you use points on either card to redeem for cash back, each point is worth $0.01 (one cent) per point, which means that 100 points is equal to $1 in redemption value. The value varies for gift card redemption.
When you use points earned with the the Chase Sapphire Preferred® Card and you redeem for travel through Chase Ultimate Rewards®, each point is worth $.0125 (one and a quarter cents), which means that 100 points is worth $1.25 in redemption value. When points are redeemed this way, 50,000 points are worth $625 toward travel. So basically you can get 25% more value in travel redemption and that refers to the redemption value for travel when you redeem through Chase Ultimate Rewards®, redemption values for other reward options may be worth more or less than that.
The Chase Sapphire Reserve℠ card gives even more bang for the buck, with a 50% premium on points value when redeemed for travel through Chase Ultimate Rewards ® . When you use your points earned with the Chase Sapphire Reserve℠ card to redeem for travel through Chase Ultimate Rewards®, each point is worth $.0150 (one and a half cents), which means that 100 points is worth $1.50 in redemption value. For example with this card when points are redeemed this way, 50,000 points are worth $750; 100,000 points are worth $1,500. So with this offer you can get 50% more value in travel redemption when you redeem through Chase Ultimate Rewards®, redemption values for other reward options may be worth more or less than that.
What counts as a travel purchase for the purpose of redemption? Anything you book on the travel section of the Ultimate Rewards® portal. You can’t get the added value for any travel purchase you make outside the portal.
With some travel rewards credit cards, you’re locked into redeeming those points as a travel statement credit only. Both the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve℠ card allow you to transfer rewards points on a 1:1 basis to select leading travel loyalty programs, including the following airline and hotel travel partners:
- British Airways Executive Club
- Flying Blue AIR FRANCE KLM
- Korean Air SKYPASS
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards®
- United MileagePlus®
- Virgin Atlantic Flying Club
- Hyatt Gold Passport®
- IHG® Rewards Club
- Marriott Rewards®
- The Ritz-Carlton Rewards®
Besides travel, you have other options for putting your rewards to work. With either card, can you redeem rewards for cash back or gift cards to select merchants. When redeeming for cash back each point is worth $0.01 (one cent) per point, which means that 100 points is equal to $1 in redemption value for cash back. The value varies for gift card redemption.
Why the Chase Sapphire Reserve℠ card may be a preferred choice for travelers
The primary reason to consider the Chase Sapphire Reserve℠ card over the Chase Sapphire Preferred® Card is the added value on your points, both when you make purchases and when you redeem for travel.
The Chase Sapphire Reserve℠ card seems to be designed with luxury travelers in mind. Besides offering a higher travel rewards rate and a larger new cardmember bonus, this card comes with a range of added travel benefits that can more than make up for the $450 annual fee.
$300 annual travel statement credit
Each year, Chase Sapphire Reserve℠ cardmembers automatically receive up to $300 in statement credit as reimbursement for travel purchases such as hotels and airfare made with the card.
Global Entry or TSA Pre ✓® fee credit ($100 or $85)
Membership in the Global Entry or TSA Pre ✓® Fee Credit program allows you to get through the airport faster when you travel. When you use your Chase Sapphire Reserve℠ card to pay the application fee for either one of these programs, you’ll receive a statement credit of either $85 for the TSA Pre ✓® application fee or $100 for the Global Entry application fee every four years as reimbursement as a statement credit.
Complimentary airport lounge access
Priority Pass™ Select is included with your Chase Sapphire Reserve℠ cardmembership at no additional charge, after a one-time enrollment. Through this program, you and your card’s authorized users can access more than 900 VIP participating airport lounges in over 400 cities worldwide. You can take advantage of lounge amenities like WiFi and free snacks and beverages. Keep in mind certain terms, conditions and exclusions apply. The annual fee for a standard membership is normally $99.
Through the The Luxury Hotel & Resort Collection℠ program Chase Sapphire Reserve℠ cardmembers have access to special hotel and resort benefits at selected properties, such as:
- Complimentary room upgrades
- Complimentary meals for you and a guest
- Early check-in and late check-out
- Special discounts and credits
- Extra amenities, gifts and more
These benefits are available at a variety of hand-selected top hotels and resorts worldwide. All exclusive amenities and guest privileges are provided per room and are based on double occupancy and certain blackout dates and other restrictions may apply.
To ensure that your trip goes as smoothly as possible, the Chase Sapphire Reserve℠ card offers travel protections, including:
- Trip cancellation/trip interruption insurance
- Auto rental collision damage waiver
- Trip delay reimbursement
- Emergency evacuation and transportation
All of these are included at no additional charge, although you may have to pay a fee to third-party service providers. For example, it wouldn’t cost you anything to contact roadside assistance but you may be responsible for paying a tow truck to come and help you if you end up with a flat tire. Restrictions, limitations and exclusions apply, when you open your Chase Sapphire Reserve℠ account Chase will send you a Guide to Benefits which includes an explanation of the coverage.
Why you may like the Chase Sapphire Preferred® Card better
One reason to consider the Chase Sapphire Preferred® Card over the Chase Sapphire Reserve℠ card is the annual fee. If you don’t travel quite as often or you don’t care about things like lounge access or complimentary hotel upgrades, then you might not be able to maximize the value of the Chase Sapphire Reserve℠ card’s higher annual fee.
Another reason to consider the Chase Sapphire Preferred® Card is that adding authorized users is free. On the Chase Sapphire Reserve℠ card you will pay a $75 annual fee for each additional card. In addition, the Chase Sapphire Preferred® Card offers a 5,000-point bonus when you add your first authorized user and make a purchase within the first three months of account opening.
Whether the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve℠ card deserves a spot in your wallet ultimately depends on your spending style travel plans. If you dine out, travel frequently, have a big trip on the horizon, or enjoy luxury benefits, the Chase Sapphire Reserve℠ card likely proves its worth. On the other hand, if you don’t travel quite as often, the Chase Sapphire Preferred® Card is a solid rewards alternative.
Editor’s Note: The information related to the Chase Sapphire Reserve℠ and the Chase Sapphire Preferred® Card has been collected by creditsesame.com and has not been reviewed or provided by the issuer of these cards.
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