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

Published on August 22nd, 2016 | by William Charles


Chase Sapphire Reserve Visa Infinite Review – 100k Sign Up Bonus + $450 Annual Fee

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 Limit Highest Reported Credit Limit Average Credit Limit
$5,000 (only one DP, everybody else has $10,000 minimum) $34,000 $11,769

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)    
British Airways Executive Club Singapore Airlines KrisFlyer Virgin Atlantic Flying Club
Flying Blue AIR FRANCE KLM Southwest Airlines Rapid Rewards Aer Lingus
Korean Air SKYPASS United MileagePlus Iberia Plus
Hyatt Gold Passport Marriott Rewards
IHG Rewards Club The 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

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)    
British Airways Executive Club Singapore Airlines KrisFlyer Virgin Atlantic Flying Club
Flying Blue AIR FRANCE KLM Southwest Airlines Rapid Rewards Aer Lingus
Korean Air SKYPASS United MileagePlus Iberia Plus
Hyatt Gold Passport Marriott Rewards
IHG Rewards Club The 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.

117 Responses to Chase Sapphire Reserve Visa Infinite Review – 100k Sign Up Bonus + $450 Annual Fee

  1. DCjoe says:

    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.

    • Yeah, like I said it can provide good value for a lot of people.

    • Robin says:

      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.

  2. 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.

    • Darren says:

      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.

    • Cheapblackdad says:

      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.”

      • Cheapblackdad says:

        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.

      • Juanita says:

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

  3. Douglas Wasson says:

    (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).

  4. farsighted99 says:

    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.

    • It’s a premium card and I think Visa Infinite is supposed to have a $10,000 minimum. Lots of people that these cards are designed for want a big limit.

    • Patrick says:

      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.

  5. Elizabeth says:

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

  6. EastSideBK says:

    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!

    • DCJoe says:

      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.

    • mmgfarb says:

      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.

  7. gman says:

    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..

  8. Andy says:

    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.

  9. Mist Soalar says:

    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.

  10. aic173 says:

    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?

    • Kevin says:

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

      • aic173 says:

        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?

  11. Matt says:

    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.

  12. JB says:

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

    Or on the actual application page:

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


  13. JW says:

    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?

  14. Andy Makary says:

    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!

    • Thanks, pretty disappointing. I’d expect at least one guest at minimum.

    • Ed says:

      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.

      • Audrey Fisch says:

        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?

  15. TG says:

    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.

  16. Elizabeth says:

    If I were to have my parents get the card, could I then use the UR points to book a ticket for myself?

    • Shan says:

      Yes. They can book tickets for you using UR travel portal. But they just can’t transfer points to your accounts like United Mileage etc. The name has to match for the transfer.

      • Elizabeth says:

        Thanks for the info. If I can’t get the card myself, then I’ll gladly take 100K booked thru the travel portal instead. When life gives you lemons…

  17. Vin says:

    Datapoint: Applied and got instant approval with 10K CL. Was just at 5/24, but no cards this year other than Amex Plat 100K. Right after approval, applied for Hyatt as well and got instant approval on that too with 5K CL.

  18. Joe says:

    Hey William – extra data point: beyond 5/24 (at 8) – with 4 cards and checking/savings with Chase. I was “pre-approved” in-branch and got the card with a $29,900 credit limit.

  19. TxAg says:

    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.

  20. Rover says:

    Hellzyeah. Here’s a datapoint! I’m probably at 15/24 Right now. I change cards more than my underwear but was told I was pre approved in branch and got it. 195k income, around 800ish credit score.

  21. Joe says:

    I thought the annual fee was going to be waived first year? This takes half the fun out of it.

  22. Tom says:

    Another data: 4/24 with 190k income and 833 score, approved w/34k CL

  23. RG says:

    just got approved for $27.9k credit limit, 4/24, 740, 100k income, only 1 other Chase card, no accounts.

  24. Spencer says:

    Wow. 21/24, went to local branch and had pre-approval. Was approved for CSR. In my case 18 new credit cards from all banks since Aug 2014. 3 of the 21 were AU. Why was I pre-approved? Car loan via chase, chase checking is my primary and pay auto deposits there. 150k income. 810+ Fico. Have had the CSP for 2 years and paid the AF twice (now in third year). No MS, but lots of regular spend on several chase cards for some time. My wife is 15/24 and was NOT pre-approved even though she has the same chase relationships. Sadly she canceled her CSP and is now an AU on mine, perhaps that was the difference.

  25. DB says:

    I applied this morning (Monday 8/22), no issues with being approved. I’m curious to see if indeed it takes a week to get the card. These types of cards usually come the next business day. No problems whatsoever applying and being approved for the card. I do know I’m under the 5/24 rule (thankfully). This is my 4th currently open Chase card. I’m really excited about this card. I currently have the Citi Prestige card and had the Amex Platinum until November last year. Amex has fallen to #3 as far as value between these cards (I especially miss the Delta lounge with FREE buddy entrance). This is one of the best offers I’ve seen in a long time.

  26. Ash says:

    Just got rejected because they said “you have opened too many credit cards” I have 7 cards in the past 2 years and only 3 being with chase. This is such BS!

  27. Abey says:

    Lol. Im 33/24. Nothing to lose here.
    Applied and application is pending 7/10 days.
    That could be my 90th open credit card.

  28. robert says:

    I applied online for the United mileage plus credit card from chase 2 months ago and I was disapproved under the chase 5/24 rule. Today, I went into the Chase branch told the banker I got the 5/24 rule with the United Mileage plus and the banker got me instant approval for the Chase Sapphire Reserve, so I would recommending signing up for the Chase Reserve at a Chase bank to bypass the 5/24 rule.

  29. TN says:

    I’m at 12/24 including Ink Plus, Amex Business and many AUs recently. Was preapproved in branch and instaply approved for 35k credit line. Chase checking for 6 years, mortgage.

  30. Shafique Arnab says:

    2/24, 95k income, FICO ~710, 15k+ on deposit with Chase. Instant approval for 12k

  31. Yoshka says:

    The 5k credit limit that’s needed for this card is that only to get approved but could lower it after approval or do you need to always maintain a 5k limit ?

  32. Andrew says:

    > Highest Reported Credit Limit: $15,000

    Got $35k.

    Got preapproval in branch, was at 8/24

  33. Silvia says:

    I was automatically approved within 5 minutes for $21K CL in Los Angeles branch. I am a Chase Private Client, 12/24, credit score 761. I was not preapproved before I applied. I have Chase CSP (opened last October) and Chase Freedom (since 2011).

  34. Kris says:

    Under the 5/24 limit, but got approve in branch with an over 800 score for 34k.

  35. Mike says:

    Approved Online


    $33k Limit

    $115k annual salary

    FICO ~800

    From what i have been seeing online, they are reserving this card for the top of the top. A couple years ago the Chase Sapphire Preferred was the best of the bunch; now everyone has them.

  36. Captainsave says:

    Got my card today!

  37. Shan says:

    18/24…Just one credit card with Chase, freedom. I have closed BA recently. Last application with Chase > a year ago. … 200K+, Good relationship with Chase, Having both Checking and savings…Not a CPC.. TU:773, EQ:786, I was pre-approved for for CSR in bank… Pending, 7-10 business days. Too many inquiries as per banker… Any hope for me?

  38. Elizabeth says:

    Here’s another DP. Applied online when it came out and got app pending. Went to branch yesterday since I’m travelling and was close to one. They saw I was pre-approved, but called first to check the status of my other app which was denied since I’m about 10/24. I asked that they try submitting the app a second time thru the pre-approval it went through on the spot!

  39. Ramon M says:

    Applied in-branch yesterday. Didn’t have high hopes for approval since I’m at 14/24! But I got Instant approval. Income is around 175k, credit score ~750, Chase banking customer for the past 10 years. Approved for 35k CL.

  40. gary says:

    not mine, ( i am well past the 5/24) but a friend I helped complete the app online app. instant approved 14K 70K income. FICO 730. pulled from experian

  41. Jeein says:

    I’m not much of a churner so I wasn’t interested with the initial hype, but after this awesome review I decided it’s worth a shot.

    So I guess DP: online application (on my phone, actually), 2/24, credit score ~770, income 190k, chase customer for about half a year (checking & CSP), and instant approval for 34k CL. I immediately checked my Chase mobile app and its already there. Thanks!

  42. William says:

    844 FICO, impeccable credit, 600K income. Was approved instantly online. I thought however the credit limit of $35,000 was quite low considering my profile, but it appears from reading these posts that is the maximum anyone is getting. Wish it were a bit higher. I’m mainly interested in the 3X travel points, as I do incur quite a bit in hotels, air, dining, etc.

  43. MY says:

    800 FICO, impeccable credit, 450k income. Was approved instantly online. I thought however the credit limit of $35,000 was quite low considering my profile, but it appears from reading these posts that is the maximum anyone is getting. Wish it were a bit higher, too.

  44. Gordon says:

    Applied in branch 8/25. I did not have any pre-approvals; rec’d message that my app was pending. On 8/30 received denial letter, reason was too many cards opened in last 2 years. (3 for me and 2 AU) I called reconsideration line, explained that I really don’t use the 2 cards on which I’m an AU. They let me reduce the credit lines on 2 of my other Chase cards (need $10K minimum CL on CSR) and I was approved. Definitely worth calling the Reconsideration Line.

  45. Sid says:

    I tried applying from the website today and it says the offer is no longer available

  46. Mariana says:

    DP: I am at 18/24, $150k income, credit score over 800. I went in branch and was pre-approved for this card. Applied and was approved immediately with $35k credit limit. Had only 3 personal chase cards opened in the last 24 months.

  47. Fahad Shareef says:

    I applied online on 09/01/16 and I did not get an instant decision. I got an email back from Chase saying they will let me know of their decision through US mail within the next 30 days. My credit score is 788. Does this mean i will be declined? Has it happen to anyone else? Has anyone got approved after not getting instantly approved?

  48. gary says:

    is there an updated reconsideration phone # the 2450625# doesn’t work

    • gary says:

      found a good number but unfortunatly not approved over 5/24.

      888-270-2127 (personal credit analyst, 7am-10pm EST M-F; 8am-10pm EST Sat. and 9am-9pm Sun.)

  49. Avatar says:

    This card is an awesome addition to the Chase family of cards. Let me compare here the overall value difference between the Chase Sapphire Reserve (CSR) and Chase Sapphire Preferred (CSP). I will take my own spending analysis as an example. I am not a huge traveler, I travel once in a while with family or buy tickets to my parents to travel. When I sat down to do the Math to see if it makes sense for me to apply for this card (I already have CSP card). Let me admit the fact that I also have Chase Freedom and Freedom Unlimited cards and my wife and I know which card to use when to earn maximum Ultimate Reward (UR) Points. 

    Let’s look at my spending closely. The first thing I analyzed was my expenditure over the past 4 years (I referred to year-end summaries) and I found that I have consistently spent around $350 on “Transit” which included- Parking (street and occasional airport), E-Z Pass tolls, occasional river cruise, occasional Uber etc which I am sure will do every year. So this pattern of my spending qualifies for the $300 “Travel Credit”. This takes away around 65% of $450 annual fee that the CSR has. Needless to say that the person reading this is ready to use the UR points ONLY FOR travel. 

    Then I looked at the UR Points that I earn from my Freedom and Freedom Unlimited card. In the worst case scenario every year I earn 175K from Freedom (We religiously use this card only for 5% cash back categories only and nothing else) and 220K from Unlimited card (I use it for all other expenditure other than Travel and Dining for which I used CSP). 

    Let me break it down further to see if it makes sense for me to apply for CSR card with my low travel spending. Let me assume that I have CSR card with me for the next 1 year.  I spend around $2300 on dining outside which will earn 6900 UR Points with CSR card and even if I spend around $350 bare minimum on travel it will earn me 1050 UR points (this is the worst case scenario). Once I add this up it gives me a total of 47400 UR Points ($474). If I use this for my occasional Travel via Chase Portal the value is up by 1.5 times which is $474 X 1.5 = $711. Let’s take away the remaining annual fee out of this ($711-$150) which gives us the net gain of $561 which is awesome!! Let me add my wife as an authorized user so the net will go down to $ 486 ($75 annual fee for an authorized user) which is nothing less than awesome and even in the worst of the worst case scenario where you do not even qualify for $1 of Travel Credit in one of those years (extremely unlikely) you will not spend anything out of pocket. Happy?? 🙂

    Now let’s do the same math with one of my favorites Chase Sapphire Preferred. If you do the math as above with 2 points earning per $ spent on travel and dining I would have earned 4600 UR points for dining outside and 700 UR points on travel. Let’s put everything together, which gives me $448 ( $220+ $175+ $46+ $7). Now let’s redeem this for travel, remember Chase Sapphire Preferred gives is 1.2 times more value. So $448 X 1.2= $537. Now let’s look at the net value by taking away the annual fee of $95 which gives me $446. This card does not charge for authorized user.

    Conclusion: There is no question that Reserve card has superior benefits compared to Preferred. Here I conclude that for anyone like me who does not travel much at all and have Freedom and Freedom Unlimited cards (both earn UR Points) the overall net benefit is more with $450 annual fee CSR card when compared to lower fee CSP card (Please see the math above). 

    Now guys! Take a pen and a paper and do the Math and check if you could have CSR instead of CSP without spending even a $ more. Don’t be scared by $450 annual fee thing. Of course needless to say that you need to have both Freedom and Freedom Unlimited cards and know when to use which of these 3 cards. All you need is these 3 cards!! Makes sense? I hope so.

    Good luck! Keep rocking!

  50. Carrie says:

    Question: When using a Chase card’s award miles on United, are the miles considered spent when I reserve the flight or when I take the flight? How about with hotels?

    All I need for my planned travel is the first-year-free Sapphire Preferred. But the Sapphire Reserve looks like a great deal if I can find enough reward travel by next Sept. I don’t want to pay $450 this year and then not use all the benefits.

  51. Arthur says:

    DP: I am at 2/24 and 80k income, credit score around 760 and got approved at $21,000 CL. Not sure if I am a CPC but I maintained the plus checking and saving for a year or so. Also, I applied the Freedom 3 days before I applied the CSR…quite lucky to get approved!

  52. Andrew Tomlin says:

    Respectfully disagree re: “middling to poor” PP lounges. We have enjoyed PP lounges many times over the past 2 years, all over the world, through our Citi Prestige membership. Some are better than others, None of the lounges visited would be classified as “poor” in our experience, and most were very nicely appointed. Remember, this is a card benefit vs having to pay $400 per person for unlimited access annually. I think that, if you are a frequent international traveler, this benefit alone makes the CSR worthy of a long term hold….

  53. Dave says:

    William – reading from my phone so I hope I didn’t miss it. Isn’t there some sort of $100 off Companion fare that Visa Infinity feature the card comes with also?

  54. Doug says:

    Here’s an interesting datapoint:

    I was instantly approved online for the CSR and I was at 8/24 (opened the Slate, FU, Freedom, and CSP in the last 4 months). My FICO score is 700 and I had no preapprovals before applying.

  55. Marco says:

    The application page still mentions “100K Online Offer Ends Soon. Apply by Jan. 11.” but Reddit and official chase twitter page is saying that they will honor it if you apply by 10 OM EST today.

    • Ian says:

      Chase web page for CSR now says “50,000 bonus after $4,000 spend in 3 months”, so they updated it already.

      • Susan says:

        It’s no longer available online, but I just got home from a quick visit to the local Chase branch where I was approved for the CSR with 100,000 points The offer is good through March as of now if you apply in-branch. 20 minutes and I was good to go.

  56. Terry says:

    Trying to use my bonus for a United flight. 80,00 points on United site, the same on Chase reserve’s. I can book this on other sites like Orbitz for $800, so where is the savings, am I doing something wrong?

  57. Paul says:

    Just applied at a branch and was told they are lowering the bonus miles to 50,000 on 3/1…so better hurry. Also, was approved at the branch and received my cards 2 days later via UPS next day air.

  58. Ferris says:

    went to Chase today to try to get the CSR and Ink Preferred! approved for the CSR! 10.4k limit. the ink preferred went to 7-10 days. I sort of expected that though and don’t mind calling recon and answering business questions, how long should I wait before calling? (put biz income as 12k out of 54k, and since 2013)

    good news too the banker knew what I was up to so he also got me the checking account with $300 bonus even though I technically don’t qualify for that cause I’m a joint on an existing checking 🙂

  59. Wolf says:

    Just to add a DP. I just came back from a bank after getting instant approval for the CSR at 13.7k, I never applied thinking I was at 6/24 or 5/24 exactly but they did not count my student loan or my Carecredit account opened in the last 2 years.

    Income – 46k
    Chase freedom card – 1 and half yr, Chase checking – 4 months
    Cap one, AMEX, freedom, Bofa MLB, Carecredit all opened in last 24 months with student loan.
    no cards over 10k only 7.5 AMEX and 5.25 on capone
    Exp 753, EQ 758, trans 748

  60. dave says:

    When does the annual fee get charged? Is there way to get the bonus and cancel before having to incur the annual fee on the card to make $1,000 in statement credits?

  61. Charle says:

    Went into a local Chase branch yesterday and applied for a CSR card. I was not pre-approved going in. I was immediately approved for the CSR with a credit limit of $32k. Credit score 795, income $150k. 3/24 recent credit cards.

  62. AC says:

    Do we know if we get stay credit/elite benefits if we book through the Luxury Hotel Collection? I want to say yes. Were you able to do a post on the benefit? Thanks Doc =)

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