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Chase Sapphire Reserve Retention Credit - $150

$150.00
+7 Deal Score
39,186 Views
I have called the CSR costumer care to explore about the retention offer. The representative gave me $150 statement credit. It may be worth to give a call if you have your annual fee ($550) due now!

https://account.chase.com/sapphir...e/benefits
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Created 12-01-2022 at 08:38 PM by Parbaz123
in Credit Cards (4) Chase Business Checking
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$150.00
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Joined Oct 2003
L4: Apprentice
> bubble2 325 Posts
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dailo
12-27-2022 at 11:15 AM.
12-27-2022 at 11:15 AM.
Quote from g4asdf :
Do you have both cards now?
No since I accepted the offer, they didn't go through creating the new card. I haven't received the credit on my account yet, but my annual fee hasn't posted yet either. Will call back if I don't see it after it posts.
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Joined Jun 2017
L2: Beginner
> bubble2 53 Posts
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RaymondT8408
12-28-2022 at 12:22 PM.
12-28-2022 at 12:22 PM.
thanks, got $250.
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Joined Jan 2008
Lπ: Scientist
> bubble2 422 Posts
325 Reputation
netvope
12-31-2022 at 01:51 AM.
12-31-2022 at 01:51 AM.
Do you get to keep Lyft Pink if you cancel a Sapphire Reserve?

Just trying to see how determined I should be in attempting to cancel the card
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Joined Oct 2004
What title?
> bubble2 2,977 Posts
657 Reputation
iridium
12-31-2022 at 07:07 AM.
12-31-2022 at 07:07 AM.
Called a few weeks back and was offered nothing, called just now and was offered the $150 statement credit.
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Joined Sep 2011
L5: Journeyman
> bubble2 724 Posts
273 Reputation
haledjian
12-31-2022 at 04:13 PM.
12-31-2022 at 04:13 PM.
Just called and got a $150 statement credit. They acknowledged that I had multiple accounts with them so maybe that plays a role?

For those who got the $250 credit, do you have a lot of accounts with Chase ?
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Joined Mar 2005
L6: Expert
> bubble2 1,025 Posts
86 Reputation
dislab
01-09-2023 at 07:53 AM.
01-09-2023 at 07:53 AM.
called today and talked to the retention, but there is no offer in my account. was told to call back in Feb to check again. my annual fee is due 2/1. got it last year. maybe it is too early? When did you call with regard to the annual fee due date?
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Joined Nov 2013
L9: Master
> bubble2 4,470 Posts
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W-Creative
01-09-2023 at 08:00 AM.
01-09-2023 at 08:00 AM.
Quote from BoastfulBird682 :
I think it's just a matter of luck
No, Chase will review your spending last year.
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Joined Sep 2009
L10: Grand Master
> bubble2 15,326 Posts
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Knightshade
01-09-2023 at 08:02 AM.
01-09-2023 at 08:02 AM.
Quote from nevermindvicky :
Honestly this isn't for everyone. This card does come with a pretty high annual fee, but if you travel a bit, and can utilize some of the other benefits it pays for itself. Some of the benefits that help offset some of those fees -
- $300 annual travel credit
- Free DashPass subscription
- $5 monthly credit for Doordash (can be carried forward upto 3 times so max 15 redemption)
- 1 year of complimentary Instacart+ membership and up to $15 monthly statement credits.
- Priority Lounge access
- Lyft Pink+ membership

The other things folks forget is you REQUIRE an annual fee chase card to transfer to airlines--- which is where the real value in chase points lies... especially if you are able to funnel a significant amount of your annual spend through cards that give you 5x points (Freedom, Ink Cash, etc)


The cheapest such fee card costs a $95 annual fee and offers far less benefits.... so that's the real "competition" for this card....

Anyway, $250 is the "net" cost on CSR after the travel credit. Versus $95 for one of the other paid chase cards.

Meaning you only need find $155 in value from all the other stuff you listed (and the instacart $15/mo plus + membership alone is worth more than that... as would be 3 annual uses of the $56 for two PP airport restaurant credit, or many other options)


So while I'll certainly give asking for a retention bonus another try when my fee comes around again this fall, I'd still be keeping the card either way because it's trivial to make it profitable even without it.
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Joined Jun 2011
L4: Apprentice
> bubble2 463 Posts
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Duckula
01-24-2023 at 04:42 PM.
01-24-2023 at 04:42 PM.
There was no retention offer for me so got $550 credit by downgrading to freedom unlimited,
Already got 300 travel credit for this year so even better.

I had been a member since this card started 5-6 years back and I did get 3 iphones for the reward points when they offered 50% bonus on apple redemption but they are no longer competitive with Venture X and Platinum offerings
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Last edited by Duckula January 24, 2023 at 04:47 PM.
Joined Dec 2015
New User
> bubble2 15 Posts
10 Reputation
AlexZ415
02-01-2023 at 09:40 AM.
02-01-2023 at 09:40 AM.
Called twice this month and they refused to offer any retention credits. They are citing return to travel as a reason not to. I guess it's time to downgrade and move on to Venture X
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Joined Apr 2009
L6: Expert
> bubble2 1,260 Posts
117 Reputation
mland0821
02-06-2023 at 01:54 PM.
02-06-2023 at 01:54 PM.
Quote from Knightshade :
The other things folks forget is you REQUIRE an annual fee chase card to transfer to airlines--- which is where the real value in chase points lies... especially if you are able to funnel a significant amount of your annual spend through cards that give you 5x points (Freedom, Ink Cash, etc)


The cheapest such fee card costs a $95 annual fee and offers far less benefits.... so that's the real "competition" for this card....

Anyway, $250 is the "net" cost on CSR after the travel credit. Versus $95 for one of the other paid chase cards.

Meaning you only need find $155 in value from all the other stuff you listed (and the instacart $15/mo plus + membership alone is worth more than that... as would be 3 annual uses of the $56 for two PP airport restaurant credit, or many other options)


So while I'll certainly give asking for a retention bonus another try when my fee comes around again this fall, I'd still be keeping the card either way because it's trivial to make it profitable even without it.
I forgot to use the 2022 travel credit-anyone have any luck in getting them to comp for that?
Also-is there a site recommending using the UR points? I have a bunch and I've never cashed them in. TIA
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Joined Sep 2009
L10: Grand Master
> bubble2 15,326 Posts
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Knightshade
02-06-2023 at 08:01 PM.
02-06-2023 at 08:01 PM.
Quote from mland0821 :
I forgot to use the 2022 travel credit-anyone have any luck in getting them to comp for that?
Not that I've heard of


Quote from mland0821 :
I
Also-is there a site recommending using the UR points? I have a bunch and I've never cashed them in. TIA

Best use is transferring to travel partners-- which partner will depend where and how you travel.

Transfer to Hyatt is the only hotel one worth looking at and pretty routinely exceeds 2 cents a point compared to cash room rates--- but if you don't tend to stay at Hyatt type hotels this might have less value to you.

Transfers to airlines will (apart from maybe Southwest) generally beat the 1.5c/pt you get in the travel portal... potentially by 2-3x for business or first class tickets... but which airline depends where you are flying from, to, when, etc.... generally googling "best use of points for X" with X being your destination will turn up useful links.
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Joined Mar 2005
L6: Expert
> bubble2 1,025 Posts
86 Reputation
dislab
02-10-2023 at 03:59 PM.
02-10-2023 at 03:59 PM.
called today and got $250 retention offer.
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Joined Mar 2008
Dreamer........
> bubble2 719 Posts
314 Reputation
dhondu
02-11-2023 at 01:27 PM.
02-11-2023 at 01:27 PM.
I got $150 credit
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Joined Sep 2008
L3: Novice
> bubble2 232 Posts
77 Reputation
hembal
02-11-2023 at 04:41 PM.
02-11-2023 at 04:41 PM.
No luck for me, they say not seeing any retention offer for me. May be because they credited $150 last year when I called after they raised annual fee.
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