Posted by William Charles on August 22, 2016
Credit Card Review

Published on August 22nd, 2016 | by William Charles

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Chase Sapphire Reserve Visa Infinite Review – 50k Sign Up Bonus + $450 Annual Fee

Update: Sign up bonus is now 50,000 points.

The Chase Sapphire Reserve is likely to be one of, if not the most popular premium travel credit card. In this in depth review we will be looking at all of the card benefits (from lounge access to the annual travel credit) as well as information about applying for the card itself (e.g average approved credit score, common reasons for denial etc).

Unlike other websites, we do not receive a commission if you sign up for this card from our site. This means we are able to give you unbiased advice.

Before we get started, it’s important to keep in mind that this card comes with an annual fee of $450. The sign up bonus and benefits easily make up for this high annual fee in the first year, but keeping the card in the long term may not make sense for you so keep that in mind and remember when you sign up for the card so you can cancel before having to pay the annual fee a second time if that’s your plan. There is also an annual fee of $75 for each authorized user you have on your account.

Application Information

As this is a brand new card, the information in this section is likely to be sparse. We will add to it over time.

Does The Chase 5/24 Rule Apply To This Card?

If you are unfamiliar with this rule, I’d strongly recommend reading this postUnfortunately this rule does apply.

What Credit Score Is Required

We do not have this information currently.

Common Reasons For Denial:

Sometimes calling reconsideration can help you turn your denial into an approval. Read our tips for calling reconsideration.

What Credit Bureau Does Chase Pull For The Chase Sapphire Reserve?

This depends on the state that you live in, for more information please read this post.

What Credit Limit Will I Receive?

This is based on 69 data points.

Minimum Credit LimitHighest Reported Credit LimitAverage Credit Limit
$5,000 (only one DP, everybody else has $10,000 minimum)$34,000.00$11,769.00

Card Benefits

Being a premium travel credit card, this card comes with a lot of different benefits. Some of these benefits are quite substantial and detailed and because of this we’ve given a round down on those in more detail on separate pages. We will provide an overview of all the benefits, as well as links to any additional relevant information.

$300 Annual Travel Credit

Every year (based on calendar year statement cycles) you will automatically receive up to $300 in statement credits as reimbursements for travel-related purchases. What they consider travel is quite broad, we’ve written more on this benefit here. Beginning in May 2017, the statement credit goes based on the cardmember year, not calendar year.

Complimentary Airport Lounge Access

You and your authorized users get a free Priority Pass Select membership. This gives you free access to 900+ lounges in the priority pass network. It’s unclear if you’re allowed to bring in any guests or not. We will have more about this benefit shortly.

airport lounge access

Points Are Worth 50% More In Travel Rewards

It’s possible to redeem your points for 1¢ each towards statement credit. With this card points are worth an additional 50% (1.5¢ per point) when you redeem them for travel (airfare, hotels, car rentals or cruises) through Chase Ultimate Rewards.

Global Entry or TSA Pre✔ Fee Credit

You can receive a statement credit of up to $100 when you use your card for the application fee on Global Entry or TSA PreCheck. You’re able to receive this statement credit once every 4 years.

1:1 Point Transfer To Travel Partners

This card lets you transfer all your Chase Ultimate rewards points to their travel partners (including points earned on cards that don’t have this functionality). Chase’s travel partners are as follows:

Chase Travel Partners (All Transfer 1:1)  
Airlines
British Airways Executive ClubSingapore Airlines KrisFlyerVirgin Atlantic Flying Club
Flying Blue AIR FRANCE KLMSouthwest Airlines Rapid RewardsAer Lingus
Korean Air SKYPASS (leaving program on August 25th, 2018)United MileagePlusIberia Plus
Hotels
Hyatt Gold PassportMarriott Rewards
IHG Rewards ClubThe Ritz-Carlton Rewards

Variety Of Insurance Products

This card comes with the following insurance products, when you use your card to book:

  • Auto Rental Collision Damage Waiver/Primary Rental Insurance (coverage up to $75,000 when you decline the rental company’s collision insurance and charge the entire rental to your card). Unlike the Chase Sapphire Preferred, there is no restriction on exotic cards. But this card does come with a $75,000 limit.
  • Trip Cancellation/Trip Interruption Insurance (reimbursement of up to $10,000 per trip when it’s cancelled or cut short by sickness, severe weather and other situations)
  • Baggage Delay Insurance (reimbursement for essential purchases when your baggage is delayed for more than 6 hours, up to $100 per day for 5 days).
  • Travel Accident Insurance (coverage up to $1,000,000)
  • Trip Delay Reimbursement (if your common carrier is delayed more than 6 hours or requires an overnight stay then you and your family are covered for unreimbursed expenses up to $500 per ticket) CSP requires it to be delayed for more than 12 hours.
  • Emergency Evacuation & Transportation (if you or a member of your immediate family are injured or become sick during a trip far from your home and it results in an emergency evacuation then you’re covered for medical services and transportation up to $100,00)
  • Travel and Emergency Assistance (can call the benefit administrator for legal and medical referrals, you are still responsible for any costs)

Roadside Assistance

You’re allowed to call for a tow, jumpstart, tire change, locksmith or gas up to 4 times per calendar year and you’ll receive a reimbursement up to $50 per incident

Emergency Medical & Dental Benefit

If you’re 100 miles or more from home on a trip, you can be reimbursed up to $2,500 for medical expenses if you or your immediate family member become sick or injured

Access To The Luxury Hotel & Resort Collection

This gives you the following benefits at some hotels:

  • Best available rate guarantee
  • Automatic room upgrade upon arrival, when available
  • Complimentary in-room Wi-Fi, when available
  • Complimentary continental breakfast
  • $25 USD food or beverage credit
  • VIP Guest status
  • 3PM check-out upon request, when available

This benefit is actually provided by Visa. You can find full details about this benefit be found here (we hope to do a detailed post on this in the future).

Car Rental Privileges

You can receive enhanced benefits from the following car rental agencies, when you book using your card:

  • National Car Rental
    • Emerald Club Executive Level membership
    • Save up to 25%
  • Avis
    • Save up to 30%
  • Silvercar
    • Save 30% on rentals of 2 days or more
csr

Image via @VM4827

Elite Hotel Benefits At Relais & Châteaux

If you book through the Visa Infite concierge and stay two nights at qualifying Relais & Châteaux properties you’ll receive Club 5C status. Normally you need to stay an average of 18 nights annually to receive this status. It gives you the following benefits:

  • Access to a special reservations line
  • Welcome gifts & amenities
  • Unique experiences/extras (e.g picnic lunch served by Little Nell at the top of Colorado’s Aspen Mountain)

An example of what you receive can be found on the website for the Wedgewood Hotel.

Exclusive Events & Experiences

Chase hasn’t provided information on this, we will add to this post when they do. It’s entirely possible this benefit is talking about stuff like access to the Chase lounge at the U.S. open that is open to all Chase cardholders.

No Foreign Transaction Fees

This card doesn’t charge you any fees if you make a purchase in a foreign transaction. You’ll receive the rate that Visa uses, you can read more about how this rate is determined by going here.

Rewards Program

This card earns Chase Ultimate Rewards points. These are the same points that are earned on the following cards: Chase Freedom, Chase Freedom Unlimited, Chase Sapphire, Chase Sapphire Preferred, Chase Ink Cash & Chase Ink Plus.

Earning Rewards

Standard Earning

This card earns at the following rates per $1 spent:

  • 3x points on travel & restaurants
  • 1x points on all other purchases

Chase provides their definition for travel & dining on this page. It should include most of the things you should expect.

Sign Up Bonus

Current Sign Up Bonus
  • 100,000 points after $4,000 in spend within the first three months
Sign Up Bonus History
  • This card has always offered the same sign up bonus

Redeeming Your Rewards

Chase has a very flexible point program. At minimum you can redeem your points for 1¢ in statement credit, this card also lets you redeem them for 1.5¢ towards travel using the Chase Ultimate Rewards portal. You can also transfer your points to points in any of the following travel loyalty programs (1:1):

Chase Travel Partners (All Transfer 1:1)  
Airlines
British Airways Executive ClubSingapore Airlines KrisFlyerVirgin Atlantic Flying Club
Flying Blue AIR FRANCE KLMSouthwest Airlines Rapid RewardsAer Lingus
Korean Air SKYPASS (leaving program on August 25th, 2018)United MileagePlusIberia Plus
Hotels
Hyatt Gold PassportMarriott Rewards
IHG Rewards ClubThe Ritz-Carlton Rewards

Our Verdict

This card is pretty amazing in the first year. At minimum you should get the following value out of this card:

  • $600 in travel credit (remember this is on a calendar year, so you could get $300 in credit in October and then again in January)
  • 100,000 points (worth anywhere from $1,000-$1,500+)
  • Lounge access (not the best, but something for people without any lounge access currently)

There is the annual fee of $450, but that is easily outweighed by the above. The question becomes more difficult to answer after your first year, personally I don’t think it’s worth keeping. In your second year you’re basically paying $450 and getting the $300 travel credit once (and you’re actually getting this in your third calendar year of holding the card), 3x on travel & dining (only 1x more than the Chase Sapphire Preferred with a $95 annual fee) and some middling to poor lounge access plus a bunch of other fringe benefits.

Personally I don’t see great value there, but I can see why people would want to keep it year two onwards as well. 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.

We Recommend This Card For:

  • People that want a high sign up bonus
  • People that can make use of the annual travel credit of $300
  • People with a lot of spend in the travel & dining categories

We Don’t Recommend This Card For:

  • People that are unable to meet the minimum spend requirement

F.A.Q’s & Tips

Feel free to ask questions in the comments and we will add to this section over time.



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I get your logic on the value past year 1, but I think for people who are in the Chase Ultimate Rewards “ecosystem”, it has a lot of value as your collecting point for UR points because of the 1.5x travel purchase option. If you have a Freedom, Freedom Unlimited, or Ink, you get extra bonuses for different categories (Freedom and Ink), or everything (Unlimited).

Because of all that, I will be keeping the Sapphire Reserve going forward. If they strip out the value, like cutting the $300 travel credit, or dropping the 1.5x multiplier, I’ll just convert it to a Sapphire Preferred.

Has anyone noticed lately that when booking travel with ultimate rewards, chase is not providing the lowest fare? For instance I checked a trip on Jet Blue, that I can book on their website for $197 and when I search the same fare on chase, they are showing a base fare of $240, meaning with ultimate rewards on my Ink the fare would be $192, really only saving $5. I’m worried they aren’t going to give the lowest fares available making the 1.5x multiplier less valuable.

Data point: Just applied and I was denied for being 8/24. 260K income, credit score in the 800s, a ton of money on deposit with Chase and even a Chase mortgage! She said 8/24 was too much, but I would probably be approved if I was 5/24 or 4/24. She said there was no way to reconsider.

Sorry to hear that Holly. Are you Chase Private Client (CPC) by chance? Still trying to figure out if CPC really does get around the 5/24 rule.

1. Does your 8/24 include AUs?
2. Rep mentioned 5/24 might be doable?

No, I’m not Chase Private Client. No way am I moving investments from Vanguard to Chase to earn UR points =)

8/24 does include my authorized user cards. Here’s how our conversation went:

Her: “You have too many cards for me to be able to reconsider this.”
Me: “How many do I have? Can you tell me?”
Her: “It says you have 8 including authorized users.”
Me: “Just out of curiosity, how many could I have and potentially get approved?”
Her: “Four or five would probably work, but eight is too many for it to allow me to override.”

I’d push back if you feel up to it. Reports on Reddit indicate that AUs should not count. HUCA? I liked how someone worded it on Reddit: “do Authorized user cards count against the limit of new accounts? I believe some of these accounts are AU accounts. Can’t you confirm that for me?” Or something to that effect.

Oh, I did. I pushed back (politely) for around ten minutes. I pointed out all the money I have on deposit and my Chase mortgage, too. She said she would override if she could but that she cannot in this case because I have too many accounts.

I am still over 5/24 ( I believe 6./24) with authorized user cards. Trust me, I asked!

You don’t have to have a brokerage account to be Chase Private Client. And, they do offer Vanguard funds as well.

(data point) I have not applied myself (too many cc) but I applied for my GF and she got approved for $21,000

Interesting to note a few things with her – she’s only at 3/24 before this pull but she does have a Deed in Lieu (kinda similar to a short sale) on her credit report within the last three years and we did check the box that Chase asks about possible defaults on credit report. Her annual income is $80,000 and she was also just approved for SW Plus ($9K) two weeks ago. Her credit score is 715 but had a really small credit line previous to the SW Plus card. The only other cards she had were the 100K Amex Platinum and a debit card (besides two other cards I got her as an AU on, which I think helped).

Applied. And waiting (7-10 Days). I have several Chase cards, have had them for a long time, except for the Fairmont card I applied for a few weeks ago. Wish I had waited on that one now. They moved the my credit around for the Fairmont card, probably have to do some more.

Why do they give you so much credit anyway on these cards? I rarely use more than $1K a month; and they have $17K or more on each one.

I hardly use the United one. Though I keep paying the fee. I just hardly fly United these days.

You want a big limit so you can have 2 months of expenses on the card and still be under 30% utilization.

I.e. Say my family spends 4K/month (not hard to do living in SF or NYC). But you float that 4K for 55 days, so you can potentially be using 8k of your CL even though your monthly spend is 4k.

You also want to stay under 30% for FICO purposes so you ideally want a CL of more than 12k in this scenario.

Applied, about 10/24. 58K income. credit score in 700s. application is pending. fingers crossed!

I bet if you call, you would get denied. My friend just applied and is in a similar situation as you…he got denied, stating 5/24.

What’s the update? Did you apply in branch or online?

Is there any reason why I’d want to apply in-branch versus applying over the phone for this card? Is there an advantage one way or the other? I assume I would still get the 100,000 UR bonus?

The reason why I’m thinking applying online is not a good idea for me is because I’d like to request expedited delivery so I can get it in time when I travel overseas in a couple weeks.

Any thoughts from the DoC community?

Thanks in advance for your help!

Datapoints indicate that if you apply in-branch with a “pre approved” offer, you have a very good chance of being approved to bypass the 5/24 restrictions. You have to ask the banker specifically to look for any pre-approvals in their system.

If you are within the 5/24 restrictions there doesn’t appear to be any benefit to applying in branch.

If you get approved, you can just call them and ask to expedite your card, I just had an AU card expedited for my CSP and it arrived in two days. Obviously YMMV but I don’t think there would be any benefit to applying in-branch for getting it expedited.

I wont risk a credit pull till it is clear that 5/24 doesnt apply, which right now does not seem to be the case..

Applied this morning and got the dreaded pending decision. Called in to recon an hour after submitting the application and the CSR couldn’t find my application using my SS. He said that they are experiencing a very high volume so I should check back later on today. He said if after a few hours they still don’t see it, that I should re-apply. I find this advice very strange as the pending decision screen and the subsequent e-mail (which I mentioned to him) say NOT to re-apply. I guess I will call back in a few hours then… FYI.

Looks like I have to wait for this hypes to settle down.

I don’t know about 1.5x conversion bonus on UR travel portal, I may only use it for airfare and I usually value most airline miles as 1.5 cent/mile. Sapphire Preferred also offers 1:1 conversion to most frequent flyer miles that I use, so it may not worth for year 3.

So I’m at 5/24 with one falling off September 1st. Will I be able to apply September 2nd? What’s the cutoff, exactly?

I’ve heard they go by entire months so you may need to wait until October 1st to be sure

Damn I was hoping to get the US bank card with the Olympics promo right after the CSR (promo ends 9/3). How long would it take for that to post as an open account? Would Chase see it immediately?

How confident is everyone in the 100,000 UR points? It doesn’t list anything about them on the signup page or the T&C page.

I don’t see the 100K sign up bonus on the rewards description page:

https://www.chase.com/card-benefits/sapphirereserve/travel

Or on the actual application page:

https://applynow.chase.com/FlexAppWeb/renderApp.do?CELL=6227&SPID=FL3P&PROMO=DF01

Am I missing something? Are they no longer offering it? I don’t think I will apply for the card without the bonus.

Thanks

If I product change to the sapphire reserve, can I get the sign up bonus later on when I am eligible to apply for the card again under 5/24? Essentially, can I cancel the sapphire reserve card and then reapply to get the sign up bonus since I did not receive it with the product change? Would there be any waiting period outside of being within 5/24?

I don’t know.

I have just talked with Chase regarding the Guest policy use for the lounge, unfortunately according to the rep, no guests are allowed, not even if they were direct family members such as your spouse and children. They have to be authorized users to use the lounges, Citi prestige wins here!

I’ll be glad when we get a more consistent answer.

I called after receiving approval online and they told me that lounge access was included for me and my family. (The rep had me wait on hold for some time… probably 3-5 minutes. I trust she really did check because I asked her if she could tell me what percentage of her calls today were about the CSR card and she chuckled and said around 90%.) I’ll double check when I get my card and all the documentation in the mail, but that’s what they said on the phone.

I’ve also read reports of people being told unlimited guest access. Didn’t you have a post here on DoC re “you and your travel companions” can get in? From the CSR box literature?

Denied for being over 5/24 even with CPC. Recon says they can’t do anything at all since 5/24 is the reason for decline.

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