Will Sapphire Ever Offer 100k Again

Hunt Sapphire Reserve® (CSR) Review (2022.1 Update: 70k Offering)

2022-01-16 2022-02-02 119 Comments

Non-chapter disclosure: all data nearly the this carte accept been collected independently by United states Credit Carte du jour Guide and has not been reviewed past the issuer.

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Chase Sapphire Reserve® (CSR) Review

2022.1 Update: The new offer is 70k. The awarding link is discovered past JonLuca.

2021.10 Update: The offering is at present only 50k.

2021.viii Update: New benefits of Sapphire Reserve card are live at present:

• Earn 10x on points on Chase Dining, hotel and car rentals booked through UR portal.
• Earn 5x on flights booked through UR portal.

Offering Link

• Hunt Sapphire Reserve (CSR) (This is a public offer through Chase direct site but)

Benefits

1. 70k offer: earn 70,000 Ultimate Rewards (UR) points after spending $four,000 in the first 3 months. The previous best offer was 100k when this product was released, but nosotros are unlikely to see that again.
2. We estimate that Ultimate Rewards (UR) points are worth almost i.6 cents/point, run into below for a brief introduction. So the 60k sign-up bonus could be worth about $960.
3. If you accept this carte, you tin transfer your UR points to partner airlines miles and hotel points.
4. "Pay Yourself Back": you can redeem UR points for statement credits against existing purchases in select, rotating categories, at a fixed rate 1.5 cents/point. For case, the rotating categories include grocery and restaurants until 2021.04.30. You can likewise use your UR points at a fixed charge per unit one.five cents/point on the Chase UR travel portal. This makes UR points worth at least 1.5 cents/signal!
5. Each twelvemonth (account anniversary twelvemonth), automatically receive up to $300 in argument credits equally reimbursement for travel purchases such as airfare and hotels charged to your bill of fare.
6. Points earning rates:
   • [New] Earn 10x UR points on points on Chase Dining, hotel and car rentals booked through Ultimate Rewards portal.
   • [New] Earn 5x UR points on flights (afterwards using full travel credit) booked through Ultimate Rewards portal.
   • Earn 3x UR points on all other travel (after using full travel credit) and dining purchases. Chase is known to be quite flexible with their definition of travel and includes merchants such as Uber and some public transportation.
   • Earn 1x UR point per dollar spent on all other purchases.
7. Complimentary Priority Pass Select (PPS) card for the primary cardholder and authorized users. Yous tin can bring up to 2 guests for costless.
8. Up to $100 credit for Global Entry or TSA Pre application fee.
9. [Express Time] $60 Doordash credit per year in 2020 and 2021 (we don't know what happens later that). Free DashPass (Doordash membership) for 12 months. Activation required before 2022.3.31. Hither is the official link for this promotion.
10. [Limited Fourth dimension] One Year Gratuitous Lyft Pink membership, and earn 10x UR points on Lyft, until 2022.03.31. Here is the official link for this promotion.
11. Visa Space benefits, including: Visa Infinite Hotel Drove, Visa Infinite Hotel Privileges, Visa Infinite Car Rental Privileges. But annotation that the $100 air discount benefit is Non included.
12. Main motorcar rental insurance.
13. No foreign transaction fee.
14. Refer a friend. Y'all tin can earn x,000 bonus UR points for every approved account you lot refer, up to a maximum of v approved referrals (50,000 UR points) per agenda year.

Disadvantage

1. Annual fee $550, NOT waived beginning year. $75 annual fee for each authorized user. Annotation that the annual fee does not count towards the minimum spending requirement (and this is true for all credit cards)!
2. The lowest credit limit is $10k, so it requires good income and credit history.

Introduction to UR Points

• You can earn UR points with Chase Liberty Student, Chase Freedom, Chase Liberty Unlimited (CFU), Hunt Sapphire Preferred (CSP), Chase Sapphire Reserve (CSR), Hunt Ink Cash (Business), Chase Ink Unlimited (Business concern), Chase Ink Preferred (Business organisation), etc.
• You lot tin move your UR points from one UR menu to another at any time.
• UR points never elapse. You will lose the UR points on i menu if you lot close the business relationship, only you can forbid losing your UR points past moving the points to another UR carte du jour beforehand.
• If you have Chase Sapphire Preferred (CSP), Hunt Sapphire Reserve (CSR), or Chase Ink Preferred (Business), UR points can be transferred to some hotel points. One of the best style to use UR points is to one:i transfer to Hyatt points. UR points can also be transferred to some airline miles. One of the most common and all-time way to use UR points is to one:1 transfer them to United Airlines (UA) miles (Star Alliance), and combine them with the UA miles earned from the UA bill of fare. Other good options are: Southwest (WN) (Non-alliance), British Airways (BA) (Oneworld), Virgin Atlantic (VS) (Non-brotherhood), etc. If you use UR points in this way, the value is almost 1.6 cents/indicate.
• If you have Chase Sapphire Reserve (CSR), y'all can redeem your UR points at a stock-still charge per unit 1.5 cents/point towards air tickets or hotels on UR travel portal; if you lot have Chase Sapphire Preferred (CSP) or Chase Ink Preferred (Business), you can redeem your UR at a stock-still rate 1.25 cents/point towards air tickets or hotels on UR travel portal.
• If y'all accept whatever of the UR cards, you tin can redeem your UR points at a fixed rate i cent/point towards greenbacks.
• In summary, we judge that UR points are worth near 1.6 cents/indicate.
• For more information about UR points, see Maximize the Credit Carte du jour Points Values (overview), and Introduction to UR: How to Earn and Introduction to UR: How to Utilize (very detailed).

Recommended Awarding Time

1. [5/24 Rule] If yous have 5 or more new accounts opened in the past 24 months, Chase will not corroborate your application on this card, no matter how high your credit score is. The number of new accounts includes all credit card accounts, not merely Chase accounts. See this mail service for details about how to possibly bypass this rule.
2. The product is not available to either (i) current cardmembers of whatever Sapphire credit card , or (ii) previous cardmembers of any Sapphire credit carte who received a new cardmember bonus inside the concluding 48 months. Note that what this 48-month clock starts from when you terminal got the sign-up bonus, not the time you open the account or shut the account.
3. Don't utilise for more than 2 Chase credit cards within 30 days, information technology's highly likely that y'all will get rejected.
4. Nosotros recommend that you apply for this card after you have had other Hunt credit cards for at to the lowest degree 3 months, or after you take had a credit history for more than than a twelvemonth.

Summary

A few years agone, when Chase Sapphire Reserve (CSR) was initially launched, it was a fantastic card that everyone love. Withal, nowadays, CSR itself is weakened several times by quite a bit, and other banks has improved their premium cards. CSR is non the superstar any more.

Now the annual fee is $550, if nosotros assume $300 travel credit and $60 Doordash credit are fully used, we still accept nigh $200 equivalent annual fee to pay. Since we can't get both CSR and Chase Sapphire Preferred (CSP) due to Chase'south awarding rules, nosotros need to make a pick between these two. The main advantages of CSR are: faster points earning charge per unit (3x vs 2x); 1.5 c/p redemption rate; PPS bill of fare for lounge access. If y'all don't travel plenty to have advantage of these benefits, or you have other ameliorate premium credit cards, so probably CSP is a better option.

Contents before 2020.1

Benefits:

1. 50k offer: earn 50,000 Ultimate Rewards (UR) points later on spending $4000 in the kickoff three months! The previous best offer was 100k when this product was released, simply nosotros are unlikely to encounter that again.
2. Nosotros estimate that Ultimate Rewards (UR) points are worth most 1.6 cents/point, see below for a cursory introduction. So the 50k sign-upwardly bonus could be worth well-nigh $800!
3. If y'all take this card, yous tin transfer your UR points to partner airlines miles and hotel points. You tin can also employ your UR points at a fixed rate 1.5 cents/indicate on the Chase UR travel portal. This makes UR points worth at least i.5 cents/point!
4. Each year (account anniversary year), automatically receive up to $300 in statement credits as reimbursement for travel purchases such as airfare and hotels charged to your carte du jour.
5. Earn 3x UR points on travel (after using full travel credit) and dining. Earn 1x UR point per dollar spent on all other purchases. Hunt is known to be quite flexible with their definition of travel and includes merchants such as Uber and some public transportation.
6. Complimentary Priority Pass Select (PPS) card for the primary cardholder and authorized users. Y'all can bring up to ii guests for gratuitous.
7. Up to $100 credit for Global Entry or TSA Pre application fee.
8. Visa Infinite benefits, including: Visa Infinite Hotel Collection, Visa Infinite Hotel Privileges, Visa Infinite Car Rental Privileges. But note that the $100 air disbelieve benefit is Non included.
9. Master auto rental insurance.
10. No foreign transaction fee.
11. Refer a friend. You can earn 10,000 bonus UR points for every approved account you refer, up to a maximum of 5 canonical referrals (50,000 UR points) per calendar twelvemonth.
12. Annual fee $450, NOT waived first year. $75 almanac fee for each authorized user. Annotation that the almanac fee does not count towards the minimum spending requirement (and this is true for all credit cards)!

Summary

This is a new Hunt premium credit carte. The $300 travel credit is easy to become then this makes its annual fee effectively only $150. Also don't forget the value of a PPS card! Compared to the Chase Sapphire Preferred (CSP), it earns 3x on travel & dining instead of 2x, it earns UR points faster. It can likewise redeem UR at a meliorate value through the travel portal (i.five cpp vs i.25 cpp). If you spend a lot on dining and travel, this card is better than the CSP. In conclusion, information technology is a card worth keeping! The biggest problem is the 5/24 rule. If you are able to go this menu, information technology is strongly recommended!

Disadvantage

1. Annual fee $550, NOT waived first year. $75 annual fee for each authorized user. Note that the annual fee does not count towards the minimum spending requirement (and this is true for all credit cards)!
2. The everyman credit limit is $10k, so it requires good income and credit history.

• Chase Sapphire
• Chase Sapphire Preferred (CSP)
• Chase Sapphire Reserve (CSR) (this post)

Recommended Downgrade Options

• Hunt Freedom. Fifty-fifty if you already have a Freedom, you are withal able to downgrade your CSP to take a 2nd Liberty.
• Chase Freedom Unlimited (CFU).
• Hunt Sapphire. If you are not able to downgrade your bill of fare to the higher up good cards, you can downgrade it to this card and try to product change in the future.

After Applying

• Phone call 800-436-7927 to bank check Hunt awarding status. This is an automatic telephone line, and the data has the following meanings: Receive determination in 2 weeks means your application is probably canonical; Receive decision in 7-10 days means your application is probably rejected; Receive decision in xxx days just means your awarding requires further review and there's nothing to tell you for at present.
• Chase reconsideration backdoor number: 888-270-2127 or 888-609-7805. Phone call it if yous didn't go approve immediately. Your personal data volition be acquired and they volition then review it. You lot seldom reply questions, instead, just enjoy the music and then you go approved or rejected, or farther information is needed to exist hand in to the branch or faxed.

Historical Offers Chart

Offer Link

• Hunt Sapphire Reserve (CSR)

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Editorial disclosure: Opinions express hither are writer'southward alone, non those of any bank, credit carte issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

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