Chase has announced that a business version of the Chase Sapphire Reserve card will be launching this summer.
It’s currently unclear what the benefits/annual fees on this card will be, I suspect it will be in line with the rumored annual fee increase of $795 on the personal card. One advantage of the business card over the personal card is that the business card does not report to your credit report and won’t count towards your 5/24 status.
Pausing INK train for this. Expecting 150K SUB for $15K spend.
i thought the ink train got nerfed. at most 2 or 3 inks
Yes, you close old cards and open new. Right now I’m with 2 INK cards. Could apply but I’ll wait for this.
What’s the ideal time to wait after closing ink cards before reopening and do you use the same LLc or EIN as previously used ?
I think 6 months velocity should be safe. Some say 3 months but really you’re limited by how fast you can close older cards.
Also it’s probably worth waiting till the closed card drops off the online accounts view.
It did get nerfed, but the 2-3 Ink guideline refers to number of open Inks/Chase business cards. If you regularly close Inks as they age over a year old, then you can continue to ride the Ink train. Also, the threshold for the number of open Inks seems to vary on other factors such as business type, so it’s possible to open more than 3 Inks depending on your profile.
Knowing Chase and in true Sapphire Reserve fashion it will be 80,000-100,000 MR at 1.5x. And only 80-100 because the AF is going up. I would be pleasantly surprised if it was 120-150k.
“One advantage of the business card over the personal card is that the business card does not report to your credit report and won’t count towards your 5/24 status.”
So why doesn’t everybody just get the business version?
What is the point of having a personal card, given that having your own “business” (e.g., sole prop) is so easy?
Yes, people do exactly this. Churners often get both to get both SUBs since they are often not mutually exclusive.
Folks on work visas cannot (rather should not) apply for business cards. Unlikely they get picked up during Green Card/citizenship verification but if they get picked up can screw up immigration for the individual for very little upsdie
I never understood this logic, folks on work visas can start a business only if they are passively involved in it, for example you can own a rental managed by a property manager. In this case you will get a business card to keep your rental expenses separate and I don’t think this will affect your GC in any way.
People are irrationally afraid of signing up for business cards without a legit business. Technically speaking you have less legal protections, but in practice the issuers aren’t in the habit of selling their business customers down the river, if they did that they’d lose a lot of business customers.
Also you still have 4/24 slots to work with, might as well make use of them, especially since there’s interesting personal cards without a business equivalent.
i guess its about time. amex and cap1 already have premium cards w/ dual consumer / biz counterparts w/ adjusted benefits.
it made no sense UA was the only dual offering from chase. even amex doesnt have premium biz cobrands. but i def look fwd to premium hyatt or IHG. AC or BA would be nice too.
lets see how this turns out w/ various app restrictions applied. its clear the leaders are amex / chase head to head. and dark horse runner up w/ cap1 + WF.
sideline banks are mostly bofa + citi + USB + other junk banks. no action from those guys except AS premium. citi is confused. and USB is not playing anymore.
Probably 15-20k spend in 90 days for 100-150k UR. $795 AF and a bunch of coupons.
150,000 UR for 15-20k spend in 3 months incoming. *sighs*
250,000 UR for $10k spending in 4 months?
No chance
So hopefully can apply for it while having personal Sapphire Preferred.
Bring back the 100k SUB, Chase.
Over a year ago, this had been leaked as part of Project Emerald. Two months ago, my business rep confirmed Summer release date. And, here it is.
What else is in project emerald?
rubies, sapphires, and amethyst.
Given this post it basically confirms they’re making changes to the personal card:
https://www.instagram.com/p/DKsOTmCTzJ3/?igsh=MW41ZWw1MTN6YWQyOA==
For those (few perhaps) of us without Instagram account…what does the page say?
You can view it without instagram. Just click the X on the popup.