Update: This card is subject to the 5/24 rule.
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Quick note: This is the direct application page (currently no landing page). Doesn’t mention the 100,000 point offer, I’m 99% sure this link has that offer attached but you may want to wait.
The Chase Sapphire Reserve is now available for sign up officially (after a previous false start). I’m sure everybody is familiar with the card benefits, but just in case:
Card Benefits
- 100,000 Chase Ultimate Rewards point sign up bonus after $4,000 in spend within the first three months from account opening
- Annual fee of $450, not waived the first year
- Authorized user fee of $75 per year
- Card earns at the following rates:
- 3x points per $1 spent on travel & dining worldwide
- 1x point per $1 spent on all other purchases
- $300 annual travel credit (click here to read more about it)
- Points are worth 50% more (1.5¢) when you redeem them for travel through Chase Ultimate Rewards
- Visa infinite benefits (excluding $100 airfare discount)
- No foreign transaction fees
- Priority Pass Select lounge membership
- Global Entry or TSA PreCheck credit of up to $100
- Points can be transferred to Chase travel partners
- Access to exclusive events and experiences
Our Verdict
This card is pretty ridiculous in terms of value, even if you don’t use any of the card benefits (including the travel credits) and pay the $450 annual fee then you’re still getting a cash sign up bonus of $550 ($1,000 – $450). If you redeem the points through the Chase UR portal for travel then that jumps by another $500 (or you could transfer to their point partners instead). If you use the travel credit this year and next, add another $600 (or whatever you value that at), plus lounge access.
The big question is whether the Chase 5/24 rule applies to this card or not It does apply. Â If you do apply for this card, remember that Chase combines multiple inquiries into a single hard pull – so it might make sense to apply for another card (just keep in mind how that might affect you being over/under 5/24). Share your experiences in the comments and goodluck!
If I had Chapter 13 bankruptcy 5 plus years ago but several credit cards now and a 720 score, do you think I have a decent chance? Or is chapter 13 an automatic no?
7/24 before applying. Visited Chase in branch on 8/22 and found out I was pre-approved. Didn’t apply on the spot, instead I applied online later that day. I applied for CSR and CFU and both got 7 to 10 business days messages. CSR was approved earlier today (8/24) while CSR is still pending.
*CFU is still pending.
Anything in that 7 that would make you under 5/24?
I don’t know, they are Discover Miles, Chase Amazon, Chase Freedom, CSP, Syncb Amazon store (one active one closed so two) and BoA Better Balance.
UPDATE: CFU denied. Reason: too many accounts with Chase/too less repayment record/too many inquires.
How many recent accounts with Chase?
Chase Freedom since 2015 June, Chase Amazon since 2015 September, CSP since 2016 June.
I am 3 or 4/24 before applying for Reserve card but it went into pending. I am thinking it’s because I already have 3 other chase cards (united, CSP, Amazon) and so I could not get 10k credit line. Should I call recon to move around credit or wait? Thanks!
Both I and wife way over 5/24. Both checked in branch for pre-approval. Wife was pre-approved. Applied and was approved on the spot (she has 3 other cards with Chase + multiple others with Barclays and Amex).
I wasn’t pre-approved. Didn’t bother to apply. No point. Was denied for Ink+ twice recently.
Thanks for DP
Was approved this morning. 4/24 before CSR. Income 105k FICO8 of only 688. $21k line. At same time applied for and was approved for Disney Chase card and the Freedom Unlimited.
congrats!
CSR Link is lice on chase site now.
Here is link to the page. https://creditcards.chase.com/credit-cards/chase-sapphire-reserve2?IS2F=FH24R8&CELL=6305
10 year High Balance CPC client at 6/24, credit score 790, due to recent apps, usually 820 or above. Applied in branch today, got the 7-10 day message, my CPC banker called to get decision assuming it was credit line shifting that needed to happen, but they asked for monthly housing payment and then said it needs to go to supervisor and they are jammed up today so it will be 1-2 weeks for decision. My credit lines with Chase are only about 20% of annual income, my business account is with Chase so they can see the income first hand being deposited daily and I have tens of thousands in their cash management product and hundreds of thousands in their investment products. Not gonna lie, I feel downright insulted.
Surprised that their CPC reconsideration is backed up
I applied using the link and was approved this morning, and called in to verify that it did include the sign-up bonus of $100k (didnt specifically state it on the site/app). 710 FICO, approved for $20k cl. Currently spend $10k per month on the sapphire preferred card and have a mortgage with Chase. Only other cards applied for over past 3 years are Amex SPG Business and Amex Platinum so no 5/24 concerns.
9/24 applied in person at branch and was told I am “pre-approved” and confirmed approval a few mins later… 89k income and 790 score.
Thanks for DP
Does applying for 2 chase credit card result only 1 hard pull? I called chase and also talked to a banker in a local Chase branch and they both told me no. Applying for 2 chase credit cards will result in 2 hard pulls. Is that true?
Check this out https://www.doctorofcredit.com/card-issuers-that-combine-multiple-credit-pullsinquiries/