Chase will lower the signup bonus on their Sapphire Reserve card from 100,000 points to 50,000 points on January 12.
Via TPG, the public 100k signup bonus will be lowered to 50,000 points with the same $4,000 spend requirement on Thursday, January 12th. This isn’t shocking being that Chase lost $300M due to the card.
There’s a chance that it’s only affiliate links which will be lowered or that there’ll be a backdoor link. We won’t know until then.
Another thing is that Chase has indicated, via TPG, that the in-branch offer will remain until March 12.
I’ll be curious to see whether “Selected for You” offers – which incidentally work to bypass 5/24 – will remain at 100k until the January date or the March date or even further.
Key dates:
- January 12th ends the public online 100k application
- March 12th is probably when the in-branch 100k offer will end
Branch applications do have other advantages as you can sometimes bypass 5/24 with preapproval in-branch.
Quick Update:
- In branch offer will definitely be staying at 100,000 points
- There will be no exception to the points reduction online (e.g Chase Private Client will also receive 50,000 points)
