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Lost in the coverage of the new Chase Sapphire Reserve® and Sapphire Reserve for BusinessSM is that the Chase Sapphire Preferred® Card (See rates and fees) has a new increased initial bonus offer – and retains a key benefit that make it interesting to Reserve cardmembers unhappy with the card’s changes.
- Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
- Both Reserve and Preferred earn 3x on dining. While Reserve is only going to earn 1 point per dollar on travel outside of direct air and hotel bookings that isn’t reserved through Chase’s travel portal, Sapphire Preferred retains 2x on all other travel purchases. That means bonusing things like Airbnb, Vrbo, cruises, Uber, parking and tolls.
- Like Sapphire Reserve, you can transfer points to airline and hotel partners such as United; Hyatt; Southwest; British Airways; Virgin Atlantic; Singapore Airlines; Air France KLM; JetBlue; Aer Lingus; Iberia; Emirates; Marriott.
- And it comes with strong Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more. And you can get complimentary DoorDash DashPass for a minimum of one year when you activate by 12/31/27.
With Chase’s new rules it’s possible to hold both a Sapphire Preferred and Reserve at the same time, though you won’t likely be offered the initial bonus if you have an open Sapphire account (or if you have gotten a bonus for the card in the past).
And if you trust TPG, they’ll tell you that 75K bonus is worth $10,000…
All kidding aside, thank you, Gary, for actually allowing comments at your website. The shills at that other one cannot handle people from the community that support their business…
As for CSP, I may have to get one again if the 2x Travel remains as a general category (for rental cars, cruises, etc.) While it isn’t the 3x we’ll enjoy until late October with the CSR, it’s better than 1x.
Also, DoC posted today that “Chase is now being pretty strict with approvals even beyond 48 months. Possibly limiting customers to one lifetime bonus on Sapphire Preferred or Reserved combined.” If so, especially the ‘combined’ part, that may limit some of us from getting this bonus. Ah, ‘Chase Pop Up Jail’…