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As I previously reported, the card will offer a 100,000 point signup bonus (after spending $4,000 on purchases in the first 3 months from account opening) and earning will be 3 points per dollar on all travel and dining.
I collected the information related to the Chase Sapphire Reserve credit card, it wasn’t provided or reviewed by Chase and I do not have my own links to the card at this time.
The card has a $450 annual fee, but it also has a $300 travel credit. And you don’t need to use it just for bag fees or other ancillary fees. And there’s no messing around with gift cards to get the best value out of it. It’s an automatic credit against any travel spend — including airline tickets and even hotels. There’s also a $100 Global Entry credit.
You get a Priority Pass Select card for airport lounge access. And it’s a Visa Infinite, so comes with top card protections. Doctor of Credit walked through the details of those. Notable, like the Sapphire Preferred Card, it even includes primary collision for rental cars. There’s a shorter (6 hour) delay required before travel delay coverage kicks in as well.
Points transfer to the same airlines and hotels as the Chase Sapphire Preferred Card.
- Airlines: United, Korean, British Airways, Singapore, Southwest, Virgin Atlantic, Air France
Hotels: Hyatt, Marriott, IHG Rewards Club, Ritz-Carlton
In addition, points can be redeemed towards paid travel at 1.5 cents each through the Ultimate Rewards web portal.
Who Can Get the Card?
This is the strongest premium ($450 annual fee) card for earning points. It doesn’t have the benefits of a Platinum Card by American Express which offers elite status with two hotel chains and much wider lounge access.
While there were hopes that Chase would be so aggressive with a new product that they’d open the doors wide no matter how many recent new credit cards you’ve signed up for, the majority of early reports suggest that it’s tough to get approved if you’ve had five or more new credit cards within the past 24 months.
If you want a great signup bonus, then, but have exceeded this threshold then you likely want the Ritz-Carlton Rewards® Credit Card which lets you earn 3 complimentary Ritz-Carlton hotel nights as a signup bonus (Full review here).