The newly released Chase Sapphire Reserve credit card is everything you have heard about and more. I am always interested in ways to maximize my travel benefits and points so you could imagine how seeing 100K point bonus offer caught my wanderlust eye. I was highly anticipating the credit card’s release so I could apply and start stacking those Ultimate Rewards points.
For the past two years I have been using the Chase Sapphire Preferred card and I have nothing but wonderful things to say about the rewards program. What I like most about this card is that you don’t have to have loyalty to a specific airline or hotel chain. Sometimes it is not possible or convenient to fly the same airline everywhere you go so this card eliminates that issue. I have redeemed plenty of flights and hotels using the Chase Ultimate Rewards program over the past couple years and by doing so, I have saved thousands on my travels. All this had me wondering, is the $450 annual fee worth it to get the Reserve?
Lets get to the facts and take a look at the valuable perks of the Reserve
- 100K point sign up bonus when you spend $4,000 in the first three months (equivalent to $1500 travel credit)
- $300 annual travel credit
- Complimentary airport lounge access
- Special car rental privledges
- 3x points on travel worldwide
- 3x points on dining worldwide
- 1x point per dollar spent on other purchases
- Global Entry or TSA Pre✔® Fee Credit
- No foreign transaction fees
- 50% more value in travel rewards
- 1:1 point transfer
- Baggage delay insurance
- Lost Luggage Reimbursment
- Roadside Assistance
After looking over all the incredible perks I had to get my hands on this card. I didn’t want to wait another minute. I couldn’t be another outsider looking in on all the points and miles connoisseurs receiving their new flashy cards. I made my way to the closest Chase bank when the card made its debut and sat down with the manager to start the application process. PRE APPROVED! When he said those glorious words my heart began to beat with excitement. I could see the points rolling in and all the destinations on my bucket list flash before my eyes. I received my card three days later and have started my journey for the 100K point bonus.
So, now that I have the Reserve there is really no need for me to use my Preferred card anymore. Everything my preferred card has done for me the past couple years, the Reserve can do better. I don’t want to get rid of the credit line all together so I will be lowering my limit and choose to use this card for emergencies only. We had some great times Preferred but now I must move on…