Chase to Make Negative Changes to Sapphire Reserve Card Benefits

0

The Chase Sapphire Reserve is widely considered to be one of the best premium credit cards available in the US. It has a host of benefits, including a $300 annual travel credit, 3x points on travel and dining purchases, complimentary lounge access at airports, and much more (customers can also request a increase to their credit line with Chase by visiting Chase.com/IncreaseMyLine).

However, Chase is on the verge of removing some benefits from the card, and altering others. Here’s a snapshot of what’s set to take effect (hat tip to DoctorOfCredit):
Chase Sapphire Reserve negative changes

Basically, there are three changes going into effect in late August, 2018. In order of descending order of significance, the changes are:





  • Priority Pass Select access will be limited to two (2) guests per visit. Previously there was no limit. This could be a big drawback for families and group travelers, although for many people it won’t make a difference.
  • Price Protection will be removed completely. Chase Price Protection will actually be removed from ALL Chase cards this year – a surprising move, particularly on the CSR with it’s whopping $450 annual fee
  • The $300 annual travel credit will remain unchanged, but purchases qualifying for the credit will no longer earn 3x bonus points. Previously these purchases qualified as travel, so you would earn 3x points per $1 spent. Since everyone should be maxing out the travel credit, this change simply means that all CSR cardholders will earn 900 fewer points per year (and 900 UR points could have a number of great uses).

Our Thoughts

None of these are massive changes, but they are still significant. The 3x earning on the travel credit change seems rather silly, as it only saves Chase about $10 per year per cardholder. The other changes could be a big downside, depending on how you like to use the card’s benefits.



Ultimately, any negative change to a card with a $450 annual fee is concerning. Although, when the CSR launched many people (myself included) believed that the benefits were too good to be true for the long run. Hopefully this isn’t the beginning of more benefit downgrades…

FAQ

How do I raise my credit limit chase?



6 Expert Tips → How to Increase Credit Limit (Chase)Call or Do it Online. To reach a Chase credit analyst over the phone, call 888-245-0625. ... Choose a New Chase Credit Card. One way to obtain an increase is to request a new Chase card with a higher limit than your existing card. ... Read the “6 Expert tips” for Increasing Limits.Oct 10, 20196 Expert Tips → How to Increase Credit Limit (Chase) - CardRates ...https://www.cardrates.com › advice › tips-to-increase-credit-limit-chase

How do I talk to a Chase representative?

If you need to contact a live person in Chase customer service you need to dial 1-800-935-9935. The system will offer you enter your debit card, account number or user id, followed by the pound key. To speak with a live agent, you need to press 2 and then press 0.

What's my Chase PIN number?

If you're still unable to sign in, please call us at the number on the back of your card. How do I request a Personal Identification Number (PIN) for my credit card? To request a PIN, please call us at 1-800-297-4970 and follow the instructions provided by the automated system.

How do I raise my credit limit chase?

6 Expert Tips → How to Increase Credit Limit (Chase)Call or Do it Online. To reach a Chase credit analyst over the phone, call 888-245-0625. ... Choose a New Chase Credit Card. One way to obtain an increase is to request a new Chase card with a higher limit than your existing card. ... Read the “6 Expert tips” for Increasing Limits.Oct 10, 2019www.cardrates.com › advice › tips-to-increase-credit-limit-chase6 Expert Tips → How to Increase Credit Limit (Chase) - CardRates ...www.cardrates.com › advice › tips-to-increase-credit-limit-chase

What's my Chase PIN number?

If you're still unable to sign in, please call us at the number on the back of your card. How do I request a Personal Identification Number (PIN) for my credit card? To request a PIN, please call us at 1-800-297-4970 and follow the instructions provided by the automated system.

Does Chase do a hard pull for credit increase?

Chase will only do a soft pull if they offer you a credit limit increase. If you request one, they'll do a hard check. ... You'll have the best chance of getting an increase if you use your credit card regularly and consistently pay your bills on time.

How do I speak to a Chase representative?

If you need to contact a live person in Chase customer service you need to dial 1-800-935-9935. The system will offer you enter your debit card, account number or user id, followed by the pound key. To speak with a live agent, you need to press 2 and then press 0.

How do I raise my credit limit chase?

6 Expert Tips → How to Increase Credit Limit (Chase)Call or Do it Online. To reach a Chase credit analyst over the phone, call 888-245-0625. ... Choose a New Chase Credit Card. One way to obtain an increase is to request a new Chase card with a higher limit than your existing card. ... Read the “6 Expert tips” for Increasing Limits.Oct 10, 2019www.cardrates.com › advice › tips-to-increase-credit-limit-chase6 Expert Tips → How to Increase Credit Limit (Chase) - CardRates ...www.cardrates.com › advice › tips-to-increase-credit-limit-chase

What is my credit limit chase?

Know Your Current Credit Limit It's good to know what your current credit limit is before you request a credit limit increase. You can find your credit limit in your online Chase.com account. Once you log on to your account, click on the credit card you would like to check located on the left-hand side of your screen.

Does Chase do a hard pull for credit increase?

Chase will only do a soft pull if they offer you a credit limit increase. If you request one, they'll do a hard check. ... You'll have the best chance of getting an increase if you use your credit card regularly and consistently pay your bills on time.

LEAVE A REPLY