Chase Sapphire Reserve 100k Bonus to End January 12


The blogosphere is abuzz with the rumor that the Chase Sapphire Reserve card 100,000 point bonus will be eliminated on January 12, 2017.

If you’re thinking of getting a Chase Sapphire Reserve, now is the time.

With the possibility that Chase reduces the signup bonus from 100,000 UltimateRewards points to 50,000 now is the time to pull the trigger.  I currently value Chase UltimateReward points at 2.5c which means the reduction in signup bonus reduces the offer value by $1,250 (signup bonus currently valued at $2,500) after January 12.

Worried about the $450 signup fee?

If you commute or travel, the annual fee can quickly be mitigated by normal travel spending as the Chase Sapphire Reserve card offers a $300 credit each calendar year.  Therefore you can get $600 in credits in the first billing year alone.

Other Benefits

  • 100,000 point sign up bonus after spending $4,000 in three months
  • 3x points on travel and dining at restaurants worldwide
  • 1x point on all other spending
  • $300 travel annual credit/reimbursement (aforementioned)
  • $100 credit for Global Entry or TSA PreCheck
  • 1.5x redemption rate on travel purchases within the UltimateRewards Portal (usually 1.25x)
  • Priority Pass Select lounge access
  • Visa Infinite branded
    • National Car Rental Executive status
  • Full benefit details: Chase Sapphire Reserve Benefits

Cost

  • $450 a year annually

You can apply for the Reserve card at: https://creditcards.chase.com/credit-cards/chase-sapphire-reserve2?

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