There are several great Chase Sapphire promotions right now. The Chase Sapphire Preferred® Card and Chase Sapphire Reserve® both offer large initial bonuses, along with even more ways to earn extra. And there’s a lot more to be excited about too, like extra point redemption value and airport lounge access.
Here are all the Chase Sapphire promotions right now:
80,000 initial bonus points. Chase Sapphire Preferred offers 80,000 points when you spend $4,000 in the first 3 months your account is open. This promotion is available to anyone who hasn’t gotten a Sapphire sign-up bonus in the past 48 months.
50,000 initial bonus points. Chase Sapphire Reserve offers 50,000 points when you spend $4,000 in the first 3 months your account is open. This promotion is available to anyone who hasn’t gotten a Sapphire sign-up bonus in the past 48 months.
Up to $300 Annual Travel Credit. The Chase Sapphire Reserve gets you up to $300 every account anniversary as reimbursement in statement credits for travel purchases charged to your account.
Referral bonus. If you own a Chase Sapphire Preferred and someone applies for the same card with your referral link and gets approved, you’ll get 15,000 bonus points. You can do this up to 5 times per year, for a total of 75,000 points.
Extra rewards. With Chase Sapphire Preferred, you’ll earn 5 points per $1 spent on travel purchased through Chase, 2 points per $1 on all other travel purchases, 3 points per $1 on dining and online grocery purchases, 3 points per $1 on select streaming services, and 1 point per $1 on all other purchases. Chase Sapphire Reserve offers a total of 10 points per $1 spent on hotels and car rentals booked through Chase, a total of 10 points per $1 spent on prepaid restaurant reservations or takeout orders made through Chase, a total of 5 points per $1 spent on flights purchased through Chase, 3 points per $1 spent on all other travel and dining purchases, and 1 point per $1 on all other purchases.
Travel redemption bonus. Chase Sapphire Preferred points are worth 25% more when redeemed for travel through Chase Ultimate Rewards, compared to cash redemptions. Chase Sapphire Reserve points are worth 50% more.
Statement credit redemption bonus with Pay Yourself Back. Chase Sapphire Preferred gets you 25% more value when you redeem points for statement credits against existing purchases in select, rotating categories through the Pay Yourself Back feature from the Ultimate Rewards portal. Chase Sapphire Reserve will boost your points worth by 50% using the same method. Points must be redeemed within 90 days of the eligible purchase.
Global Entry or TSA PreCheck Application Fee Statement Credit. Up to $100 statement credit for Global Entry, NEXUS, and TSA PreCheck application fees covered with the Chase Sapphire Reserve.
Priority Pass Select Membership. Chase Sapphire Reserve gives you access to lounges, restaurants, cafes and markets participating in the Priority Pass network worldwide.
So, in conclusion, with all of these Chase Sapphire promotions combined, you’re in pretty good shape. You’ll recoup the cost of many years’ annual fees from points alone. And the other promotions pile more value on top.
The only surefire way to get the $550 Chase Sapphire Reserve annual fee waived is if you’re an active servicemember and you check that box on the application. As long as Chase can confirm your active duty status, they won’t charge you any fees. Otherwise, your odds of getting a Chase Sapphire Reserve annual fee waiver are next to none. … read full answerChase Sapphire Preferred Card also has a $95 annual fee. But it’s not like Chase will penalize you for asking for a fee waiver, so why not give it a shot?
There are a few details you should be aware of before calling and asking for a fee waiver, though. And in the likely event that you don’t get one, you’ll need to know what perks are available to determine whether Sapphire Reserve is worth it.
Here’s what you should know about Chase Sapphire Reserve annual fee waivers:
If you’re in the armed forces full-time, you’re eligible to have all Sapphire Reserve fees waived, except for the returned check fee. You can get this benefit by indicating your service on the application (there’s a box to check off) or by calling Chase customer service at 1-800-432-3117. Chase will have to verify your status.
If you want to try for a fee waiver or reduction, you can call the number on the back of your card or the general Chase customer service line: 1-800-432-3117.
According to people who’ve had luck with fee waivers on other credit cards, having a high income and spending a lot can help. Since the issuer is already making a lot of money from the fees it charges merchants when you make purchases, the thinking goes, they might be more willing to give you a break.
The Chase Sapphire Reserve initial bonus is worth $750, which covers more than a year and a half of annual fees. And if you’re a frequent traveler, you should always get more than $450 in value per year, between the $300 annual travel credit, free airport lounge access, 3 points per $1 spent on travel and more benefits.
While it’s unlikely that you’ll get the Chase Sapphire Reserve annual fee waived, you might as well try. The worst that can happen is Chase will say “no.” But if you do have to pay $550 every year, just make sure you take advantage of the card’s huge list of benefits in order to get your money’s worth. That or get one of the many credit cards with no annual fee.
No, you cannot get the Chase Sapphire Reserve 100k bonus anymore, as it was a limited-time promotion that ran from August 2016 through March 2017. Cardholders who were approved during that period and spent $4,000 within 3 months of account opening got 100,000 bonus points. That Chase Sapphire Reserve 100k bonus was worth $1,500 in travel – an incredible deal.… read full answer
But after March 2017, you get a bonus of 50,000 bonus points for spending $4,000 in the first 3 months. That’s still one of the biggest credit card bonuses on the market, though. It’s also enough to help offset Chase Sapphire Reserve’s $550 annual fee.
More info about Chase Sapphire Reserve’s 100k bonus:
So, at the end of the day, the Chase Sapphire Reserve’s 100k bonus is no longer available because it was never supposed to be permanent. It was the equivalent of 35% cash back, and that’s just not sustainable. Chase offered it to build some buzz for the new Chase Sapphire Reserve Card when it was introduced. Since that seems to have worked, they retired that promotion. It’s possible Chase could do another 100,000 point bonus in the future. But don’t count on it.
More info about what you get with Chase Sapphire Reserve:
Fortunately, Chase Sapphire Reserve’s sign-up bonus isn’t the only benefit you’ll enjoy. You’ll also receive a $300 travel credit each year. Plus, you’ll earn a total of 10 points per $1 spent on hotels and car rentals booked through Chase, a total of 10 points per $1 spent on prepaid restaurant reservations or takeout orders made through Chase, a total of 5 points per $1 spent on flights purchased through Chase, 3 points per $1 spent on all other travel and dining purchases, and 1 point per $1 on all other purchases. Those points are normally worth 1 cent each, but when redeemed for travel, they’re worth 1.5 cents apiece.
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