Chase Sapphire Reserve – Bonus Changes January 12th

Chase Sapphire Reserve – Bonus Changes January 12th

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Per The Points Guy, Chase has informed its affiliates that the highly lucrative bonus of 100,000 Chase Ultimate Rewards on the Chase Sapphire Reserve will decrease to 50,000 points on January 12, 2017. The spending requirement of $4,000 in three months will remain the same.

The silver lining? Rumor has it that this offer will remain at 100,000 when applying in branch until March 12, 2017. 

It’s not too surprising that Chase is making this move, considering how much money they’ve spent to acquire their new and returning customers. Many of you may already have this product – but if you were thinking about getting it, there’s no time like the present

Chase Sapphire Reserve – Pros

There are a lot of great benefits on the card, but the most useful (aside form the sign-up) are:

  • Chase Ultimate Rewards are worth 2 cents per dollar when booking travel through the Chase Travel Portal. For example: If your ticket is $400, it will cost you 20,000 Chase Ultimate Rewards.
  • 3X Points on travel and dining.
  • $300 in travel credits reimbursed, per year.
  • Global Entry Reimbursement once per five years, $100 value.

Chase Sapphire Reserve – Cons

The annual fee is $450 – and even with the $300 in credits, remember – it’s not free money!

Bottom Line: Should I get this card?

Remember – what works for me and your neighbor, may not work for you. Only you can decide if you’ll get the full benefits out of this product.

There are other Chase products which earn Ultimate Rewards (Sapphire Preferred, Freedom, Ink Preferred, Freedom Unlimited.) Just remember the key dates of January 12 and March 12.

-The Miner

Please note: I may receive a referral bonus with the above links.

1 Comment

Rafi H.

January 4, 2017 at 3:23 pm

Very helpful information. Thanks for sharing!!

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