Description: The passage mainly covers the information on Chase Sapphire Reserve which is the hottest new credit card in 2016. Since it is the card that most people anticipate, we need to learn more details about its benefits and points when using it.
Today we are going to be reviewing a credit card that a lot of people have been anticipating and waiting for, it is the Chase Sapphire Reserve which is the hottest new credit card of 2016.
I’m going to go over this card, earning one point on everything and three points on travel and dining, that’s a three chase ultimate reward point.
In my first month of using it, I’ve earned over a thousand points, in fact, one thousand three hundred and sixty six points to be exact, that could be redeemed for 1366 in cash back or with booking flights through chases internal system through their own booking system where you use your points.
It’s equivalent to over twenty dollars, because you get a fifty percent extra on top of fifty percent extra through their system, the advantage of booking, through Chase, no blackout dates and you still earn miles from your airline frequent flyer program.
You can transfer to eleven airline transfer partners and hotel transfer partners, a lot of people have been asking about the perks with this card, because people are very curious, the card has a $450 annual fee and that can be offset largely with the 300 dollar travel credit, so many people who perhaps wouldn’t normally get a $450 annual fee card are interested in this card.
If you use it, it takes the annual fee down to one hundred and fifty dollars, so people have been asking me when this credit is posted on your account, do you have to phone up, you have to apply for it.
It’s very easy chasers that make this card very simple, very clear and transparent, I’ll show you my account, you can see I bought a train, a monthly train pass for 126 dollars and it posted immediately 160 126 dollars was deducted from that account.
In fact, it’s appearing on the statement as before the payment, but it was on the same day, 126 dollars was cancelled off from my account balance, I think I spent a little bit extra money on some other subway passes.
If you are going on a bus and buying a ticket on a bus, you can’t pay with a credit card, but monthly bus passes, subway passes, uber, any flight tickets, you can buy with a credit card, unless you’re in the situation where you live way out in the countryside, the only form of transport you ever take is your own car, because gas is not included in this travel credit.
Unless the only form of transport you take, you never take planes in that case, you wouldn’t recoup this $300 travel credit, but for most people who probably booked a flight at least once a year may have a monthly subway pass.
Within the course of a year, you’re going to recoup the $300 travel credit which will bring the annual fee down to $150, so it is very easy to get that back, you do get the money back instantly, you make those travel purchases and you can easily track how much you have got back in a calendar year.
It’s done by calendar year, so it resets every January, another perk people have been asking about is Priority Pass, once you get your sapphire reserve card, go on the website, there’s part of the website which is called exploring the benefits of your card.
You click into there and there’s a thing that you go in and you click to order your Priority Pass card and within two weeks through the mail, you will be sent this card, you can’t go on priority passes website and create an account.
Chase has the account with priority pass and they give you a card, but you can still download the priority pass app and I’ll show you it’s very easy to use, so you click in there and you’ve got this thing, find a lounge, you go in there.
Most major airports seem to have lounges that are accessible with Priority Pass, it’s still reasonable, so who would I recommend this card for Chase Sapphire Reserve to put it, I would recommend it to someone who is looking to earn a lot of chase Ultimate Rewards points and redeem them for airfare hotels business class upgrades.
The perks aren’t as much on as good as the annex platinum, so for the serious business traveler who is traveling a lot, I would still say the MX platinum is a superior card for the business traveler, you get Hilton gold status, you get so many more airport lounges, the 450 dollar annual fee is not such a big deal to the businessman who has a higher salary than the average jerk.
Although it has the $450 annual fee, if you can offset that with the travel credit, you get it down to one hundred and fifty, the perks of this card for the average person who wants to earn a lot of miles and redeem them for free flights would like to experience a bit of a good life with the airport lounges.
This card is a better suit for that kind of person, so medium income travel mainly for pleasure rather than for business and does want to break into experiencing the luxury lifestyle a little bit, this guide is much more mainstream, it feels exclusive, is it exclusive.