The Chase Sapphire Reserve Is Finally Here – And I’m Late!

The Chase Sapphire Reserve Is Finally Here – And I’m Late!

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On Monday, the day we’ve all been waiting for with bated breath – arrived. (Sorry I was late to the game!)

The Chase Sapphire Reserve, Chase’s newest and shiniest credit card has officially launched. Though it’s really exciting and it’s a sweet new product with lots of potential, it’s bittersweet for a lot of us churners

While I won’t go into all the benefits, here are some of the really spectacular highlights:

  • 100,000 Chase Ultimate Rewards sign-up bonus after spending $4,000 in three months
  • 3X points on dining and 2X on travel
  • $300 travel credit (including hotels, car rentals, etc.) per calendar year – so you can earn this benefit twice. Once now, and then once again after January 1, 2017.
  • Points can be redeemed at 1.5 point per cent on travel via the Chase Ultimate Rewards travel portal.

Though earlier reports from last week seemed to indicate that the application which went live – which weren’t supposed to at that time last Thursday – werenot under 5/24 (for a refresher, see here), it appears that as of today, the official applications do indeed fall under Chase’s restrictive policy.

If you’re not over 5/24…

… And you’re at 4/24, get this card before you get anything else.

If you’re first getting started your first five credit cards should be Chase products. And remember. You can apply for multiple Chase cards in the same day to limit credit pulls cymbalta price. But, please be sure to apply for one card at a time. Once you’re approved, move on to the next.

If the Reserve will be your fifth card (assuming you’re approved), you won’t be able to get other Chase cards, but you can still get:

  • Hyatt
  • British Airways
  • Fairmont
  • AARP
  • Disney
  • Amazon
  • IHG
  • Marriott Business

Remember: Get approved for the Chase Sapphire Reserve and then the second card.

Some Reports of Success – Pre-approved in Branch? 

There are some reports of success for those over 5/24 if they are pre-approved. 

How do you know if you’re pre-approved?

You need to go into a Chase branch. Doctor of Credit, as usual, has a great article on tips and FAQ regarding pre-approvals in branch. I strongly recommend you review this article. Of course, this does not mean it is a guarantee, but there are a lot of data points indicating that it helps with an approval for those with many cards opened recently.

Bottom Line

While I’m a bit salty that I probably will be  unable to get approved for this, that’s the direction that banks have been moving in and I’ve reluctantly accepted it.

Upwards and onwards!


– The Miner

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