To request an upgrade online, enter your information to Chase’s Product Upgrade Catch All Page. It may take up to four business days for your request to be approved and new benefits to take effect. If you prefer to do so by phone, enter your account information and ask to speak to a customer service representative. Tell the representative you would like to upgrade your Chase Sapphire Preferred to Chase Sapphire Reserve, and they should be able to pull up your file and give you a decision in a few minutes.
Either way, asking for an upgrade won’t trigger a hard inquiry on your credit, so there’s no harm in trying. But there are a few details you should be aware of before you make your request.
Here’s how to upgrade Chase Sapphire Preferred to Chase Sapphire Reserve:
Wait at least 13 months after opening your Chase Sapphire Preferred account. You can’t upgrade sooner than that.
Keep your Chase Sapphire Preferred for at least 24 months if you want Chase Sapphire Reserve’s 50,000 points initial bonus.
Get a decision within four hours, if not immediately.
Both Chase Sapphire Preferred and Chase Sapphire Reserve require excellent credit. So, you shouldn’t need to upgrade your credit score in order to upgrade to Chase Sapphire Reserve, as long as you’ve at least maintained your standing since getting Chase Sapphire Preferred. You can check your latest credit score for free on WalletHub and use your customized credit analysis to improve, if need be.
Even if your credit is excellent, you could be denied an upgrade. For example, you might have too much debt relative to your income, high credit utilization, or a spotty payment history. It’s especially important to pay your bills on time in the months before you want a credit card company to approve you for something.
Asking to upgrade Chase Sapphire Preferred to Chase Sapphire Reserve is quick and easy. Approval is not guaranteed, but using your available credit responsibly certainly helps. And since you’ll find out the same day, you won’t waste any time wondering if you’ve been successful.
But it’s also important to note that Chase Sapphire Reserve isn’t an obvious upgrade over Chase Sapphire Preferred for everyone. It all depends on whether you’ll get enough value from Chase Sapphire Reserve’s extra travel perks to make up for its much higher annual fee.
To make the most of Chase Sapphire Reserve® rental car insurance, use the Sapphire Reserve card to pay every time you rent a car and decline the supplementary coverage offered by the rental company. Chase Sapphire Reserve offers rental car insurance as a free benefit, and cardholders are covered up to $75,000. Taking advantage of the rental car discounts available to Sapphire Reserve cardholders can also help you maximize your savings.… read full answer
Key Things to Know About Chase Sapphire Reserve Rental Car Insurance
How to Use the Coverage. A cardholder must decline the rental agency’s insurance and pay for the rental entirely with a Chase Sapphire Reserve credit card.
Coverage Amount. Up to $75,000.
Covered Costs. Chase Sapphire Reserve rental car insurance covers theft, damage, valid loss-of-use charges imposed and substantiated by the auto rental company, administrative fees, and reasonable towing charges.
How Long You’re Covered. The Chase Sapphire Reserve rental car insurance benefit covers domestic rentals up to 31 days.
Coverage For Rental Vehicles in Another Country. Chase rental car insurance covers eligible cardholders for 31 days when renting vehicles in another country.
Coverage Exclusions. The Chase Sapphire Reserve rental car insurance benefit does not cover antique cars, cargo vans, vehicles with open cargo beds, trucks, and others. Coverage also does not apply to certain incidents such as damage to any other driver’s car, the injury of anyone, or damage to anything is not covered.
Chase Rental Car Insurance Claims. To file a Chase Sapphire Reserve rental car insurance claim, call the Benefit Administrator at 1-888-675-1461 or visit the card’s benefits website to obtain a claim form. You will need to submit the claim form, along with any requested supporting documents – such as a copy of the accident report, a copy of the auto rental agreement, a copy of the repair estimate or bill, and photographs of the damaged vehicle – no later than 120 days after the incident. You should receive payment from the Benefits Administrator within 15 days after receipt of all documents and the validation of your claim.
Chase Sapphire Reserve Car Rental Discounts
National Car Rental, Avis, and Silvercar all offer special privileges to customers who rent using Chase Sapphire Reserve. Log in to your Chase Ultimate Rewards account, then click the “Travel Benefits” page and find the “Special Car Rental Privileges” section. You might get free car upgrades, discounts on rentals and other promotional offers.
Yes, Chase Sapphire Reserve® is a metal card. There’s no plastic version, so there’s no need to specifically request the card in metal when you apply. That’s what you’ll automatically get if you’re approved for an account. While many people like the feel and aesthetic of metal cards, or see them as status symbols, those are the only benefits. Metal won’t save you more money or keep your account any safer.… read full answer
Plus, the Chase Sapphire Reserve® card costs $550 every year. So you really need to decide whether its terms make it worthwhile for you, metal aside. Let’s go through Reserve’s perks other than a cool design to help you make the right call.
Here’s why to get the Chase Sapphire Reserve metal card:
50,000 points bonus for spending $4,000 in the first three months
$300 annual travel credit
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
1.5 cents a point (50% extra) when you redeem through Chase’s travel website.
You don’t have to do anything special to get the Chase Sapphire Reserve® metal card once you’re approved. But whether you should apply in the first place depends on how much you travel. It’s mostly frequent flyers who will get enough value out of the Chase rewards program to make the $550 worth it. If that’s the case for you, the metal card is just the icing on the cake.
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