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Chase Sapphire Reserve®: Spend $4,000 in First 3 Months, Earn Expired

80,000 Points
+92 Deal Score
350,342 Views
Update: This offer is still available for registration

Chase is offering 80,000 bonus points when you spend $4,000 within the first 3 months with the Chase Sapphire Reserve®. Annual fee is $550.

Thanks to community member slk900 for finding this deal.

Card Details:
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,200 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,200 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

Original Post

Written by
Edited November 30, 2022 at 03:22 PM by
Chase is offering 80,000 bonus points when you spend $4,000 within the first 3 months with the Chase Sapphire Reserve®. Annual fee is $550.

Card Details:
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,200 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,200 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more


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Created 10-17-2022 at 07:20 PM by slk900
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Deal
Score
+92
350,342 Views
80,000 Points
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

571 Comments

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Featured Comments

You can generate points with this card more easily but AMEX has better lounge access. Boils down to do you how much do you travel.
annual fee is 550
It has never been 120k. The highest it's been is 100k

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Joined Aug 2007
L7: Teacher
> bubble2 2,520 Posts
391 Reputation
sleekwallet
10-23-2022 at 08:22 PM.
10-23-2022 at 08:22 PM.
Do you guys know how long the card usually takes to arrive?
Reply
Joined Sep 2008
L7: Teacher
> bubble2 2,103 Posts
451 Reputation
SonicTron
10-23-2022 at 08:28 PM.
10-23-2022 at 08:28 PM.
Quote from sleekwallet :
Do you guys know how long the card usually takes to arrive?
2 days here
Reply
Joined Sep 2010
L3: Novice
> bubble2 121 Posts
27 Reputation
harrypotterx
10-23-2022 at 10:02 PM.
10-23-2022 at 10:02 PM.
Check your mail, if you happen to get an invitation from AE platinum, the offer is 150k signup bonus. Much better IMO.
Reply
Joined Jan 2010
L1: Learner
> bubble2 15 Posts
10 Reputation
bremmick
10-24-2022 at 09:51 AM.
10-24-2022 at 09:51 AM.
Quote from MichaelP84 :
Call CS, request do downgrade your current CSR to an OG Freedom, CFU (if you have it already so you dont forfeit the SUB) or the Flex ( same stipulations as CFU) Wait approx a week and apply online (in branch takes approx 30 days before the conversion happens to appear in the system, online is approx 4 days)
Thanks for the input. I've had my CSP for 5 years now and will be doing this.

Can you clarify a few things so I don't mess it up?

Is the original freedom card still available?
For the CFU you mention if you have it already so you don't forfeit the SUB? Can you elaborate on this? I'm new to a lot of this so most if it is foreign to me.

Thanks,

Blake
Reply
Joined Sep 2015
New User
> bubble2 566 Posts
52 Reputation
MichaelP84
10-24-2022 at 09:56 AM.
10-24-2022 at 09:56 AM.
Quote from bremmick :
Thanks for the input. I've had my CSP for 5 years now and will be doing this.

Can you clarify a few things so I don't mess it up?

Is the original freedom card still available?
For the CFU you mention if you have it already so you don't forfeit the SUB? Can you elaborate on this? I'm new to a lot of this so most if it is foreign to me.

Thanks,

Blake
Alright. I spoke to my local banker and said YES OG Freedom is available for Product Change. IF they say no on the phone simply hang up and call again. Another rep will do it.

Second. When you product change to another card you dont have for example CSP to a CFU, a product change will not give you the sign up bonus. If you want the sign up bonus you will have to sign up 1st for a new CFU, then product change your CSP to a CFU.

Hope this helps
Reply
Joined Dec 2019
L5: Journeyman
> bubble2 934 Posts
186 Reputation
golfreak
10-24-2022 at 10:33 AM.
10-24-2022 at 10:33 AM.
Too many credit card noobies asking of they can get the AF waived or saying $550 is too high. If you're able to get this card it's a no brainer.
- $550-$300 travel credit = $250 annual fee.
- 80k points can be $1200 in cash but I usually use the points for Hyatt.
- Primary insurance on car rental, free TSA/Global, 3x on travel and dining.
- Priority lounges.
You're looking at least $1000+ ahead even with the $550 AF.
If I'm eligible, it's a no brainer for me but I get the Preferred a year ago.
1
Reply
Joined Jan 2010
L1: Learner
> bubble2 15 Posts
10 Reputation
bremmick
10-24-2022 at 12:05 PM.
10-24-2022 at 12:05 PM.
Quote from MichaelP84 :
Alright. I spoke to my local banker and said YES OG Freedom is available for Product Change. IF they say no on the phone simply hang up and call again. Another rep will do it.

Second. When you product change to another card you dont have for example CSP to a CFU, a product change will not give you the sign up bonus. If you want the sign up bonus you will have to sign up 1st for a new CFU, then product change your CSP to a CFU.

Hope this helps

Thank you, very helpful. So once downgrade is done, how do I know when I can apply for the Sapphire Reserve?
Reply

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Joined Sep 2015
New User
> bubble2 566 Posts
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MichaelP84
10-24-2022 at 12:09 PM.
10-24-2022 at 12:09 PM.
Quote from bremmick :
Thank you, very helpful. So once downgrade is done, how do I know when I can apply for the Sapphire Reserve?
Seems to be 1 week if you down grade online. In branch take about 30 days.
Reply
Joined Oct 2013
L7: Teacher
> bubble2 2,008 Posts
329 Reputation
tygron
10-24-2022 at 12:13 PM.
10-24-2022 at 12:13 PM.
Quote from aajeev :
What do you do? Do you spend the points the cancel or downgraded or do you somehow transfer the points else where? What's the best way to churn these? Thanks.
The "best" way is whatever way accomplishes your goals. Whether that be to use the Sign-up Bonus for free travel, Cash back, etc. There is no one way that works for all. You first need to figure out what you want to do.

Even with the $550 Annual Fee and assuming the worst redemption rates (1.5c in Chase Travel Portal) available, you still net over $600 in the first year. If you were already going to spend $4,000 that is a pretty good return.

The above math is assuming you don't use the $300 travel credit for some reason, don't sign up for PP, don't sign up for TSA/GE, don't spend anything above the $4000 to get the bonus, and don't sign up for any of the cards other benefits.
Reply
Joined Jan 2010
L1: Learner
> bubble2 15 Posts
10 Reputation
bremmick
10-24-2022 at 12:18 PM.
10-24-2022 at 12:18 PM.
Quote from MichaelP84 :
Seems to be 1 week if you down grade online. In branch take about 30 days.
Is there a way to verify when you can?
Reply
Joined Sep 2015
New User
> bubble2 566 Posts
52 Reputation
MichaelP84
10-24-2022 at 12:43 PM.
10-24-2022 at 12:43 PM.
Quote from bremmick :
Is there a way to verify when you can?

That I don't know. However to be safe, 30 day rule is pretty solid for in branch product change/downgrade. These data points can be found on any credit card forums.

Edit: Also for an online product change 1 week seems to be the concensus as well.

good luck! also if you know someone the reserve has a referral bonus of 10k.
Reply
Joined Dec 2005
L6: Expert
> bubble2 1,513 Posts
Gettingnowhere
10-24-2022 at 03:30 PM.
10-24-2022 at 03:30 PM.
Quote from tygron :
The "best" way is whatever way accomplishes your goals. Whether that be to use the Sign-up Bonus for free travel, Cash back, etc. There is no one way that works for all. You first need to figure out what you want to do.

Even with the $550 Annual Fee and assuming the worst redemption rates (1.5c in Chase Travel Portal) available, you still net over $600 in the first year. If you were already going to spend $4,000 that is a pretty good return.

The above math is assuming you don't use the $300 travel credit for some reason, don't sign up for PP, don't sign up for TSA/GE, don't spend anything above the $4000 to get the bonus, and don't sign up for any of the cards other benefits.
Thanks for getting back. I'll look more into it. I have had many credit cards. First time trying out CC with AF.
1
Reply
Joined Nov 2011
L2: Beginner
> bubble2 56 Posts
14 Reputation
Solenik54
10-24-2022 at 04:55 PM.
10-24-2022 at 04:55 PM.
Talked me into it. Thanks!
Reply
Joined Nov 2018
L4: Apprentice
> bubble2 416 Posts
236 Reputation
Ivorin
10-25-2022 at 01:37 AM.
10-25-2022 at 01:37 AM.
Quote from golfreak :
You're looking at least $1000+ ahead even with the $550 AF.
If I'm eligible, it's a no brainer for me but I get the Preferred a year ago.
You could product-change your CSP to a CSR if it has been at least a year since you opened the CSP. That's what I did.
Reply

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Joined Oct 2013
L7: Teacher
> bubble2 2,008 Posts
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tygron
10-25-2022 at 08:52 AM.
10-25-2022 at 08:52 AM.
Quote from aajeev :
Thanks for getting back. I'll look more into it. I have had many credit cards. First time trying out CC with AF.
Glad to help.

I will say that Annual Fees can be quite daunting, but if you do a little research into the card and it's earning structure you can do some back of the napkin math to see if it's worth it. There are also various online calculators [thepointcalculator.com] that will do the math on almost every major rewards card.

Also keep in mind the 5/24 rule [nerdwallet.com] from Chase. They will auto-deny you if you opened 5 credit cards in the last 24 months. Which means you need to be at 4 as they count the one you are currently applying for. Other issuers [thepointsguy.com] have their own set of rules for approval.

Words of advice: Do NOT try to game Chase or Amex. Neither has any issue closing your accounts for any perceived "gaming" or "cheating" of their rewards. LMAO
Reply
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