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 $1,000.00 in tax-free cash!
For more information on this card, shoot your eyeballs over to the right side of this website where it says “Chip’s Favorite Credit Card Offer$”. 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.
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.
