100,000 Bonus Ends Tomorrow

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one-day-left-200Online applications for this deal ends tomorrow, January 11th.  So, get your application in the hopper!

In short, they are giving you $1,000 in tax-free cash or $1,500 in travel – just to try it out (spend $4,000 on the card in first 3 months card is open).

I’ve culled a couple of my posts about the deal below.

You don’t have to use my links, but I appreciate it when you do.  It’s the same deal for you, but I get a taste from Chase for telling you about it.  And that keeps the 1s and 0s spinning around cyber-space!

For more information on this card, look to the right side of this website under “Chip’s Favorite Credit Card Offer$”.  If you click “Travel Rewards Credit Cards”, you’ll be taken to another page.  It’s the 13th card down “Sapphire Reserve” NOT “Sapphire Preferred”.  After scrolling down past the first 10 cards, click “Show More Results”. Then you’ll see the Chase Sapphire Reserve three cards down.  The journey is worth the reward!  Email me if you have ANY questions.

Like Mariah Carey “singing” on New Year’s Rockin’ Eve, all good things must come to an end.

Chase’s 100,000 bonus point offer is going to get cut in half next week.  You have to apply for the Chase Sapphire Reserve card by January 11th to be eligible for the 100K bonus.

Why is this so special?  If you spend $4,000 on this card in the first 3 months your account is open, you’ll get the 100,000 point bonus.  Those points are worth $1,500 in travel if you redeem the points through Chase Ultimate Rewards.

Make this easy!  Check out my post 11 Ways To Meet A Spending Requirement

Don’t like to fly?  At WORST, you could redeem the points for a penny apiece…

Uhh… That’s $1,000.00 in tax-free cash!

The 100,000 Bonus points are reason enough, but there are other perks.  Here are just a few:

  • $300 Annual Travel credit now through December’s statement closing.  Then it’s available again.
  • FYI: Here’s how Chase defines “travel”. << Merchants in the travel category include airlines, hotels, motels, timeshares, car rental agencies, cruise lines, travel agencies, discount travel sites, campgrounds and operators of passenger trains, buses, taxis, limousines, ferries, toll bridges and highways, and parking lots and garages. >>
  • If you apply for Global Entry or TSA Pre✓ you’ll get $100 application fee credit.
  • Priority Pass Select for access to airport lounges
  • You’ll get at least a point per dollar spent.  Three points per dollar on travel and restaurants.
  • No foreign transaction fees
  • You can transfer the points 1:1 to many airlines and hotels like United, Southwest, Hyatt, Marriott, Ritz-Carlton and more!

Is there a catch?

Not really.  Make sure you read my reasoning as to why it’s okay!

  • $450 annual fee

Normally, I’d run away from an annual fee like that.  The $300 annual travel credit makes it worth trying out the card.  Remember the $300 gets credited to your statement – as the purchase in those categories happen.  Once your December 2017 statement drops, the clock restarts on another $300 in travel statement credits.

If you decide you don’t want to keep the card this time next year, you could always buy a gift card at an airline, hotel, or whatever business Chase defines as “travel”$300 + $300 = $600.  That alone makes it worth more than the $450 annual fee!

Another Wrinkle

If you have another card that earns Ultimate Rewards points, like Chase Freedom or Chase Ink, you can move those points to your new Chase Sapphire Reserve card to use at Chase Ultimate Rewards.  The cards I mentioned are worth less than the 1.5x conversion the Sapphire Reserve gets you at Ultimate Rewards.

The Takeaway

Chase is at your door with a box of chocolates and a lovely wrist corsage asking you to love it!  This is a great deal on tax-free cash or points for free travel.

Again… For more information on this card, shoot your eyeballs over to the right side of this website where it says “Chip’s Favorite Credit Card Offer$”.  Then encourage your mouse to click “Travel Rewards Credit Cards”.  Once at the next page, it’s the 13th card down.  After scrolling down past the first 10 cards, click “Show More Results”.  Then you’ll see the Chase Sapphire Reserve three cards down.  The journey is worth the reward!  Email me if you have ANY questions.

uber-logo-2016-600-free$600 Free on Uber??? Okay, that was my attempt at “Click Bait”.  Please forgive me.  I beseech you!  That said… It is true.

I got a lot of inquiries about yesterday’s post 1 Week Left – Chase’s 100,000 Bonus Point Offer.

Yes… The Chase Sapphire Reserve personal card has an unheard of 100,000 point bonus (worth $1,000 in tax-free cash or $1,500 toward travel) if you spend $4,000 on it in the first 3 months your card is open. Here’s how you can easily meet the spend.

After January 11th, online offers cut the 100K point offer in half.

Because the $300 Annual Travel Credit can actually be worth up to $600 over 365 days from when your account is opened, it makes sense that YOU SHOULD NOT WORRY about the annual fee ($450).  I’ll show you!

Before I do that, remember Chase defines “travel” as “Merchants in the travel category include airlines, hotels, motels, timeshares, car rental agencies, cruise lines, travel agencies, discount travel sites, campgrounds and operators of passenger trains, buses, taxis, limousines, ferries, toll bridges and highways, and parking lots and garages.”  And that means UBER.

Here’s an example of this from ACTUAL CHASE SAPPHIRE RESERVE card activity. This card was opened September 20, 2016.  Notice that the travel related expenses are credited as they happen:

Parking Meter:

chase-travel1-s

Air Travel:

chase-travel2-s
chase-travel3-sNew Jersey Transit Train to/from Newark Airport:

chase-travel4-s

In the transaction above, only $7.20 of the $13.00 purchase was credited back because that was all that remained of the $300 Annual Travel Credit.

December 9, 2016 – Closing Date on December Statement:

chase-travel5-december-closing-date

>>>>> ANOTHER $300 Annual Travel Credit reset on December 10, 2016 <<<<<

Cleo is a restaurant in the Redbury Hotel, but that counted:

chase-travel6-next-year-s

Uber:

chase-travel7-s

International baby!  SNFC is a train in France:

chase-travel8-s

On December 10, 2016, the $300 Travel Credit reset.  Since then, an additional  $93.34 in Travel credits have already been received on the way to another $300.

Of course, Chase would like for you to keep this card forever.  The 1-3 points for every dollar spent, access to airport lounges, $300 Annual Travel Credit, $100 toward Global Entry or TSA Pre Check, and more perks (detailed here) make the $450 annual fee pretty darned reasonable.

But if you try out the card and next December decide not to keep it, don’t forget that your $300 Annual Travel Year resets after your December statement drops.  You could buy $300 in gift cards that are in Chase’s travel categories.  That includes airline, hotels and yes, even re-juice your Uber account!

If you have been an Uber hold out, check out my Uber Review with $20 off sign up link.

For more information on this card, shoot your eyeballs over to the top right side of this website where it says “Chip’s Favorite Credit Card Offer$”.  Then click “Travel Rewards Credit Cards”.  Once at the next page, it’s the 13th card down.  After scrolling down past the first 10 cards, click “Show More Results”.  Then you’ll see the Chase Sapphire Reserve three cards down.  The journey is worth the reward!  Email me if you have ANY questions.

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Chip Chinery is a skin-flint from way back. He started ChipsMoneyTips.com to give “Money tips in a candy-coated shell” through humorous, entertaining and informative videos and posts. Most people are clueless about money. Not you - them. Other people.
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