Is the Chase Sapphire Reserve Card a credit card?

Unfortunately, you cannot get the Chase Sapphire Reserve referral bonus anymore; this was an offer that gave 10,000 points for each person who applied for this card using your referral link and got approved. Through mid-August, 2018, you were able to get up to 5 Chase Sapphire Reserve referral bonuses each year, for a total of 50,000 points. Unfortunately, the Chase Sapphire Reserve referral bonus offer is not currently available. … read full answer

Chase still offers referral bonuses on several other cards, including the Chase Sapphire Preferred® Card and Chase Freedom Unlimited®. The process is the same for all the eligible cards, and it’s good to know the procedure in case the Chase Sapphire Reserve referral bonus ever comes back.

How to get a Chase Sapphire Reserve referral bonus (when available):

1. Go to the Chase Refer a Friend page and select a card.
2. Enter your last name, zip code, and card number’s last 4 digits (right side of page).
3. Click “Get Started.”
4. Invite people to apply with a special web link, email, Facebook post or Twitter post.

If the Chase Sapphire Reserve referral bonus happens again, your friends can use your referral link to apply for the card. Asking them to do so is definitely worthwhile, too. It doesn’t cost you anything, and if you hit the 50,000-point maximum each year, that would put an extra $750 toward travel in your pocket. And that will help offset the card’s $550 annual fee. Don’t expect to see any bonus points right away, though. It might take one to two billing cycles for them to post to your account.

Both the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® are on the Visa network. That means you can use these cards virtually everywhere in the world as Visa is one of the card networks with the most extensive international acceptance.

What you should know about the Chase Sapphire cards:

• Card acceptance: Chase Sapphire Visa cards are accepted by millions of retailers in over 200 countries and territories. Almost every merchant that takes credit cards accepts Visa. And most people with a credit card have a Visa. There were … read full answer361 million Visa credit cards in circulation at the end of 2021.
• Visa benefits: Having a Chase Sapphire Preferred or Chase Sapphire Reserve also entitles you to a wide range of Visa benefits. This includes rental car insurance, travel insurance, and low currency conversion rates for international purchases.
  
  In particular, you’ll enjoy Visa Signature benefits with Chase Sapphire Preferred, while Chase Sapphire Reserve comes with Visa Infinite benefits. Visa Infinite provides some additional perks, including extended travel insurance and a special concierge.
• Additional perks: Both Chase Sapphire cards also stand out among Visa cards because of their great rewards. Moreover, they are among the best travel rewards credit cards on the market. Chase Sapphire Preferred, for instance, offers 60,000 bonus points for spending $4,000 in the first 3 months, plus 1 - 5 points per $1 spent on purchases.

The Chase Sapphire Reserve offers 60,000 bonus points for spending $4,000 in the first 3 months, plus 1 - 10 points per $1 spent on purchases. These cards also come with a $0 foreign transaction fee, which makes them ideal travel companions.

Keep in mind that credit cards do change card networks from time to time. If your network ever changes in the future, you’ll automatically be issued a new card.

The starting credit limit for the Chase Sapphire Reserve card is at least $10,000. But particularly creditworthy applicants could get limits a lot higher than that. The higher an applicant’s credit score and income are, the higher the starting credit limit is likely to be.

Here’s how to get a good Chase Sapphire Reserve credit limit:… read full answer

1. Improve your credit score. You need excellent credit (a credit score of at least 750) to get approved for the Chase Sapphire Reserve card. So, the higher your score, the better your chances of getting a high limit.
2. Raise your income. Your income is a huge factor in how high your credit limit is. Generally, applicants need to demonstrate that they can pay their balance and afford the card’s $550 annual fee. So, you have a better chance of getting a high credit limit if you have high income and low debt.
3. Request a credit limit increase. You may call (800) 432-3117 to ask for a Chase Sapphire Reserve credit limit increase if you’ve made at least six consecutive on-time payments. If you ask for an increase, Chase will do a hard pull of your credit to check your eligibility. This inquiry may temporarily hurt your score.

Overall, a $10,000 minimum Chase Sapphire Reserve credit limit isn’t bad at all. It’s more than you’re guaranteed on most credit cards. Plus, if you meet more than the minimum approval requirements, your Chase Sapphire Reserve credit limit could be even higher.