Just launched – Chase Sapphire Reserve – get 100,000 Bonus Ultimate Rewards points

Posted on August 30, 2016 by in Chase Sapphire Reserve, Chase Ultimate Rewards

MightyTravels2016-08-29at6.02.03PM

While most of us are still in summer lull before Labor Day Chase has quietly (or not so quietly) launched a completely new credit card product directly aimed at the competition with the American Express Platinum.

The new Chase Sapphire Reserve card (i.e. an upgraded version of the excellent Chase Sapphire Preferred) card brings home those benefits:

    • Sign-up Bonus: 100,000 point bonus after you spend $4,000 in the first three months.
    • $300 Annual Travel Credit towards almost any travel purchase
    • 3x Ultimate Rewards Points: earn 3x ultimate rewards points on all travel and dining worldwide
    • Airport Lounge Access: card includes Priority Pass Select which gives access to more than 900 airport lounges around the world
    • $100 Global entry fee credit
    • Primary rental car insurance
    • Trip cancellation, delay coverage, lost luggage reimbursement
    • Annual Fee: $450

do-sharp.php

This credit card offer is so good – we can’t even link here but follow our links in the sidebar to learn more – we keep those sidebar links always current. We are grateful if you use our link of course.

As you will notice the new card is combination of benefits we know about from the Chase Sapphire Preferred and the American Express Platinum.

The improved earn rate is fantastic news for high spenders and given its broad applicability one of the best in the industry. Most of my charges fall into this category so ‘upgrading’ from a Chase Sapphire Preferred is helping me earn 50% more. Right Away!

The $300 Annual Travel Credit helps offset the fee and since this is per calendar year you can use it twice in your first year of membership. It is higher than the one at American Express Platinum and much easier to use since American Express makes you go through lots of hoops to actually use it.

The $100 Global Entry fee credit is great but I guess by now we are all signed up for it anyways.

I currently have two other Priority Passes so this won’t be as helpful. I’m still waiting for answer from the Chase Twitter team if additional guests are allowed – likely the cardmember and two guests get in for free.

MightyTravels 2016-08-29 at 6.10.05 PM

This card comes as Visa Infinite card which comes with a number of extra benefits though for us as existing Chase Sapphire cardholders it’s hard to find anything really different.

I have paid the $95 annual fee for years for the Chase Sapphire Preferred and have never regretted it. I feel $150 ($450 – $300 travel credit) is the better deal for me.

What to do with the 100,000 Bonus points?

I have outlined a number of great uses for any Ultimate Rewards points balance here. 100,000 gives you much more room to work with – that’s a Roundtrip with Singapore Airlines to Asia in Business Class – some fantastic times at many Hyatt’s or some pretty exciting trips using United MileagePlus trips (preferably on partners).

How to apply for the Chase Sapphire Reserve?

do-sharp.php

This credit card offer is so good – we can’t even link here but follow our links in the sidebar to learn more – we keep those sidebar links always current. We are grateful if you use our link of course.

Chase has made restrictions to who likely gets approved. Unless you have been pre-approved the wisdom is to apply online and if that does not lead to an approval go to the branch and get approved there. This seems to have worked for a number of applicants.

Bottom Line

This is a fantastic new card and combines a number of Chase advantages over the competition – I can’t see a reason (for myself) why not to sign up for this card.

This credit card offer is so good – we can’t even link here but follow our links in the sidebar to learn more – we keep those sidebar links always current. We are grateful if you use our link of course.

4 / 5 stars