They are offering a 50k points bonus for 4k spending in first 3 months. Does anyone know if this 50k is in addition to the 4k(+) points you would earn otherwise. Would you end up with 54k(+) points at the end of the qualifying period?
50k is ok - when the card first came out it was 100k. The 50k is a bonus in addition to your spend.
I read that they were losing a lot of money giving out that bonus. I don't see that amount showing up again.
That was inaugural offer..They acquired lot of premium member with Sapphire reserve
Look at the $500 annual fee lol
Easily pays for itself.
Confirm it easily pays for itself.
They provide reimbursement of $300 for any travel related expenses. That reduces the effective cost to $150(The annual fee is $450 and not $500). I was traveling with my one year old and the lounge access across the international airports were awesome. Usually it costs $80 per person. Now, I was able to use it at couple of airports for me, my wife and my kid, get awesome custom made food & drinks for free.. This is exclusive of the 100k points, which is worth $1500($750 is you get 50k) if you redeem the points at Chase travel site. In addition, there is travel cancellation reimbursement and no international transaction fee. Above are just the benefits I use. There is so much more. Effectively it is free money.
I'll add that their definition of "travel" is very broad. It includes restaurants, most transportation (tolls, parking, etc), coffee shops, and of course hotels.
Travel includes restaurants?? That’s wild
Depending upon where you spend the $4k, you might end up with 54k to 58~60k points.
CSP is a better option in the first year. The bonus is better. After year 1 upgrade and use the points with the CSR
Better bonus if you dont have use for the travel credit or global entry in the first year.
Other cards can give you GE. Think amex plat etc.
When do you pay the $450 fee? On the year anniversary?
Anniversary from the date you are approved
If I get the sign up bonus by getting CSP and then after 1 year I upgrade to CSR, will I be eligible for CSR sign up bonus at that time?
VentureX is probably a better deal at the moment (since you can pay the taxes at 2X points too) Here's my referral link: https://capital.one/3m2RiET Here's for chase: Earn 60,000 bonus points with Chase Sapphire Reserve. I can be rewarded, learn more. https://www.referyourchasecard.com/19/0ST081O6PZ
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Yes. It's in addition to whatever you earn during that period.