Chase will lower the signup bonus on their Sapphire Reserve card from 100,000 points to 50,000 points on January 12.
Via TPG, the public 100k signup bonus will be lowered to 50,000 points with the same $4,000 spend requirement on Thursday, January 12th. This isn’t shocking being that Chase lost $300M due to the card.
There’s a chance that it’s only affiliate links which will be lowered or that there’ll be a backdoor link. We won’t know until then.
Another thing is that Chase has indicated, via TPG, that the in-branch offer will remain until March 12.
I’ll be curious to see whether “Selected for You” offers – which incidentally work to bypass 5/24 – will remain at 100k until the January date or the March date or even further.
Key dates:
- January 12th ends the public online 100k application
- March 12th is probably when the in-branch 100k offer will end
Branch applications do have other advantages as you can sometimes bypass 5/24 with preapproval in-branch.
Quick Update:
- In branch offer will definitely be staying at 100,000 points
- There will be no exception to the points reduction online (e.g Chase Private Client will also receive 50,000 points)
View Comments (75)
Chuck (or others),
For spend reasons, I am delaying application.
1) If I apply while the offer is still at 100K, but approval goes to to pending, and then the final approval date is AFTER the offer drops to 50K, which bonus would apply?
2) Assuming it's the APPROVAL date (not the application date) that determines the bonus amount, how many days in advance of the deadline should I apply to allow for approval delays?
Thanks.
Do you guys have a referral link for the CSR? I'd love to show you guys some support when I apply later today!
Reserve 5/24 data point: denied in branch (CPC banker call to reconsideration didn't help). Applied because I'm at 5/24; though I didn't have a pre-approval. Reason: too many cards on Equifax report. Oddly, I only have 5 personal cards in last 2 years, but do have 1 other biz card that should not count. Chase recon (two different agents) claimed that the biz card counted and bumped me over the magic number. One less would have been an instant approval. Also, noted that 1 AU card showed up, but that they would have ignored it if I confirmed that I had no financial responsibility for the main card. Sadly my next card doesn't fall off until 3/27/17 - likely after the in branch 100k offer expires. Bummer.
Seems like under 5/24 (for all cards) or pre-approval is the only way to go. Hopefully folks have better luck than me.
Anyone checked with their local branch and got confirmation that 100K bonus will last until 3/12 in-branch ?
We will have a post on this tomorrow.
If someone thinks they did not opt in for pre-approvals in branch... how does one opt in? I might have asked this question, but I can't find my post!
This is the post you're looking for: https://www.doctorofcredit.com/ensure-youll-receive-pre-approved-offers/
Can you guys think of any reason I might want to apply ASAP, rather than to wait until next Monday or Tuesday? All things being equal, I'd like to give myself a few extra days to use the 2018 travel credit.
On a similar note, it sounds like if I set my statement due date to early in the month I would also have almost all of December to use the 2018 credit. Is that correct?
Correct, after your statement closes in december of this year you can start spending your 2018 travel credit.
Does chase combine pulls? so my wife has a CSP green check offer online. If she applies and is approved for that would there be any harm in appliying for CSR right after it... or in the opposite way/
They combine. If approved for CSP, I don't see much harm done in trying CSR.
Do you have to have an account with chase to do an in branch sign - up?
No
I was waiting for mid year to apply as my wife recently got one and i got the CSP instead. Anyhow, thanks for the update on the expiring CSR 100k, i just applied and got approved.
Thanks again
p.s. Chase doesnt include CSR on their credit card list anymore, interesting, i guess, they dont want anyone applying anymore.
Oh well.
Does anyone have statistics of signup bonuses for other Chase cards? I wonder if one can expect it back up in a year or something.