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.
You have 6 days before the 100K point is cut 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:
New Jersey Transit Train to/from Newark Airport:
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:
>>>>> ANOTHER $300 Annual Travel Credit reset on December 10, 2016 <<<<<
Cleo is a restaurant in the Redbury Hotel, but that counted:
International baby! SNFC is a train in France:
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.