Chase Sapphire Reserve®: Spend $4,000 in First 3 Months, Earn
Expired
80,000 Points
+92Deal Score
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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
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
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.
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 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.
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.
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?
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.
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.
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.
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.
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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
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
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
- $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.
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?
Sign up for a Slickdeals account to remove this ad.
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.
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.
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.
If I'm eligible, it's a no brainer for me but I get the Preferred a year ago.
Sign up for a Slickdeals account to remove this ad.
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.