Posted by Chuck on January 3, 2017
Credit Cards

Published on January 3rd, 2017 | by Chuck


Chase Sapphire Reserve will Drop Signup Bonus to 50,000 on January 12th [In-Branch on March 12th]

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)

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So big question will be where the CSP bonus ends up. Not sure it makes sense to keep both at 50k. Didn’t think Chase would lower CSR to 50k, thought maybe 75k

Citi had both Premier and Prestige at 50k for a while. Not to say that what citi does in indicative of anything, but it’s happened before.

No!! I’m under 5/24 on January 16!! Of course gonna try anyway, anyone have any experience whether chase is lenient within a few days?

It doesn’t go by the day, but by the month. If you go under on Jan. 16 you’ll have to wait until Feb. 1 to get approved. Chase looks at 24 months, not the day. I learned this the hard way.

Interesting, with my count I was 5/24 until Jan 1 according to EX. Heck I was even 5/24 with EQ and TU until Jan 8, but I already knew Chase pulled EX so decided to risk it.

Applied today Jan 3, got 7-10 day pending online, 30 day pending on phone (before reading these comments). Called recon a little while later and agent immediately recommended approval after verifying a few things on the app and after shifting credit limits from 2 other cards, as I had reached the CL maximum exposure with them. FAKOs around 800, in case it matters.

Seems I either had a good CSR or maybe they didn’t consider a CapOne retail card, in which case it would’ve been 4/24

I was waiting until Feb and the bonus changed went under the 5/24 Jan/12 , Jan13 and the last card was Jan 21 I decided to apply got instant approval

I wonder if private clients benefit will still maintain 100k signup bonus or at least something better than the 50k.

No, it will not matter if you have CPC unfortunately.

If they drop the sign-up bonus, how about dropping the annual fee!

CSP is only $95 (waived first year) if you want less bonus for less annual fee.

lol. You’re paying $450 a year for a $300 travel credit, lounge access, and killer rewards. Even with a 50k sign-up bonus, you’re getting more value than you’d get with a similar card.

Nah, I just got the Amex Biz platinum and think that’s a better deal. Getting lounge access, 200 credit, 1.5 points/dollar when making $5000 purchase then get 50% of my points back when redeeming for first/biz class.sure it’s a biz card and not a regular credit card but think it’s a better deal that paying $450 for 50,000 points. Get a lot more perks with the Amex Plat too, no too long ago the wife locked the keys in the car and amex payed to the locksmith.

So my prediction begins.

I didn’t bother making a prediction about the bonus dropping because I just assumed it would 100%.

Look I know you guys know this game better then anyone.
You guys have made me quite a bit of money lol.
Tax time was rough on us last year lol 😉

Are you saying rewards are taxable? Just wondering what I’m in for this year.

This. Of course the 100k bonus won’t last. To think otherwise would be foolish.

I will have big purchase at the end of April, so I was planning to wait at least one month before applying for this card in order to meet the $4K spending within 3months.
I checked with Chase branch last week, and they told me there is a CSR card offer in my account. My question is if this means I am almost certain to get approved if I apply for it in branch? (Assuming the offer is still there next month.)


You should do some more reading.

It sounds like you are pre-approved for the CSR. Pre-approval isn’t guaranteed approval but it means the 5/24 rule won’t apply to you. I’d probably just grab the offer now if you can meet the minimum spend requirement.

Thanks William as always. I am not blocked by 5/24. In fact I only applied 3 new cards in the last 2 years. I have 800+ FICO score, so I am wondering what’s the chance that I will get denied if I have pre-approval. Yes, I can apply for it now, but I prefer to delay it to late February if possible even considering the time I am going to get to use the $300 for 2018.

In that case waiting shouldn’t hurt your chances at all. Pre-approval basically just means that last time they looked at your credit they would have approved you if you had applied (simplification but you get what I am saying). I don’t think you’ll have any issues if you wait. Goodluck!

Thanks William.

Welcome as always, Yu!

Yes, apply in branch ONLY if you’re pre-approved for the CSR. I couldn’t get them to approve online and was only approved in branch. I was immediately approved and it was in my online account within minutes as a new card.

Damn it, according to the credit reports, I am still 6 personal cards (including 2 closed) /24 at this moment. Will be 5 (including 1 closed)/24 on 2/7/2017, 4 (including 2 closed) /24 on 3/31/2017. The interesting thing is Chase credit journey says I opened 5 cards in last 2 years. Anyone has any idea?

Chase credit journey doesn’t include closed accounts. Have you tried in branch pre-approved or selected offers for you?

Thank you for explaning that. I went to a branch on Sep 1 and Nov 12, and no pre-approved offer. Checked the “your offer” in the new online banking interface, and no luck either.

Currently have 1 CSP, 1 Freedom,1 Hyatt, and 1 Ink Cash with Chase, as well as checking and saving. Latest open was Hyatt in March, 2016.


Fingers crossed you get one eventually!

I’ve heard that Chase Journey doesn’t count accounts which have since been closed.

Thank you for your reply, but among the 6 cards opened in last 2 years, 2 were closed, one in 2015, one in July, 2016.Don’t know how Transunion does the math in Chase Journey, :S

So if you apply Jan 11 and are approved, will there be enough time to get the CY2018 $300 travel credit in Jan. 2018?

yes, the travel credits post almost in I paid for airport parking after I returned from a NY Eve flight at 1 am on 1/1/17 and it posted a reimbursed travel credit, my first of the new year. The trick is to incur the charges but maybe buy a SW ticket and then cancel the ticket and use the funds later?

Yes, should be enough time. As soon as your statement closes in December your 2018 credit will be eligible to be used.

I still think it’s disingenuous to say that Chase lost $300M. They invested $300M to create new business, and accounting rules require them to record that expense as a loss now while reaping the benefits for years to come. Chase is thrilled with the card so far (we’ll see how it plays out long term).

I have the CSR, got it in early Sep, but my wife didn’t have the pre-approval and is way over 5/24. She got the green check for the CSP for 50K points. She’ll check a branch just to see if she’s got a CSR pre-approval… if not does signing up for the CSP make it less likely she’ll be able to get a CSR pre-approval prior to Mar 12.

I think there is some correlation between when you’ve last had a Chase card and pre-approvals, I just don’t know exactly what it is. Try in branch first and then go from there.

Since Im currently at 26/12
I held back from applying for the Reserve
But in general Chase likes me
I currently have 8 personal and 3 business cards with them plus an Auto loan
They have never declined me
So im thinking why not
Im gonna apply for it right now
I have nothing to lose other then an inquiry
I will be back in a few with an update 😉

Check for selected offers for you and also in branch pre-approvals. There is really no point in applying, you will be denied due to 5/24!

I tried those in the begining but nothing 😔

Always worth it to keep checking.

Applied. Application pending.
Will let me know in 7-10 Business days
I guess im declined for 5/24 😉

Anyone know what is the difference of the chance to get approved in branch vs. online for this card? Are they the same?

I dont mind so much being declined
It will always hunt me that there was a
100K Chase offer on the table and i didnt apply
Now i feel better that i at least tried ☺

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