Chase Sapphire Preferred Upgrade To Reserve Reddit

I went from chase sapphire preferred csp to chase sapphire reserve csr about 2 years ago.

Chase sapphire preferred upgrade to reserve reddit.

Version 2 of megathread. Version 3 of megathread. By valencia patrice higuera updated. Chase freedom unlimited travel.

5 cash back on travel purchased in the ultimate rewards portal 3 cash back on drugstore and restaurant purchases 1 cash back on all other purchases. The sapphire preferred card never makes as much value back as the freedom unlimited or the sapphire reserve. Version 1 of megathread. Also read the previous csr megathread.

Assuming you can be approved for the csr and you spend at least 300 in travel year see edit 2. Many states chase private client bonus 2 000 upgrade to chase pc and transfer a total of 250 000 or more in new money or securities to a combination of eligible checking savings and or investment accounts excludes chase business checking and savings accounts any you investsm j p. All discussion about the chase sapphire reserve should go in this refreshed megathread. To maximize this i applied seperately in branch for the reserve and once it was opened i transfered the available credit from my csp and closed it.

Upgrading is a great option if you can t get approved for the reserve card otherwise because of the chase 5 24 rule or because you ve earned a. Read this first dedicated wiki page for the csr. Morgan retirement accounts and cds and maintain the. According to the new rules set by chase we are now only eligible for a sapphire product reward every 2 years.

No new standalone threads will be permitted without mod approval. Csr will give you a much higher credit line. Chase sapphire preferred upgrade to reserve question. Key differences ranked highest to lowest importance for me.

A number of readers have pointed out that chase representatives are currently unable to upgrade customers from the chase sapphire preferred card to chase sapphire reserve and the issuer has confirmed that is indeed the case officially chase will not allow sapphire reserve upgrades until monday jan. But with the sapphire reserve s new benefits like perks with lyft and doordash you also might want to go the opposite direction and upgrade another chase credit card to a sapphire reserve. Chase sapphire reserve rewards rate. 13 which is the day after the fee.

Chase sapphire preferred card. 5 1 lyft purchases through march 2022 5 1 select streaming services on up to 1 500 through 9 30 2020 3 1 instacart delivery and pickup orders on up to 3 000 through 9 30 2020 3 1 gas station purchases on up to 1 500 through 9 30 2020 2 1 travel and restaurants. About to pay my first annual fee within the next few days. 5 cash back on up to 1 500 in combined purchases in bonus categories you activate each quarter.