Join over 5,000 people who are subscribed to receive a once daily email with all of our posts. Never miss out! Click here to subscribe.
Learn how to maximize your points & miles! Join Our Facebook Group!
Chase Sapphire Reserve Application Experience
Yesterday was a crazy day. Many of us have been watching the leaked information about Chase’s new premium Sapphire Reserve card with amazement as it sort of seems to good to be true. Then yesterday an application link leaked out and finally a landing page. Eventually we got a peek at most of the terms and were able to confirm a lot of the benefits that we had questions about.
It turns out that the Sapphire Reserve is indeed as good as it seems. From a first year value perspective you get:
- $600 in automatic travel credits ($300 each calendar year)
- 100K Ultimate Rewards points (conservative estimate $1,500)
- Priority Pass Select Lounge access (guest policy unknown)
- $100 Global entry fee credit
- 3X points on dining and travel
- Primary auto insurance on car rentals
- Points worth 1.5 cents each when booking travel through Chase Ultimate Rewards
In other words, for a $450 annual fee, the first year you easily get $2K+ in value out of the card. Plus, with points now worth 1.5 cents towards travel, this card arguably makes your existing points more valuable. So, of course I applied.
Update: The Chase Sapphire Reserve has now been released to the public and online application links are available.
My Application Experience
I was excited to see the live application and decided to apply for a card in my name. Of course I was also writing a post about the app here on Miles to Memories and a Quick Deal on Frequent Miler, so I had a lot on my mind. After completing those posts, I went to the app, filled it out and hit submit. Many people on Reddit had reported instant approvals. I so wanted to get an instant approval, but unfortunately that didn’t happen.
My wife was also considering an app, but fairly soon after I applied, a link came out with the landing page and I was busy digging through the terms to understand this card better. Then, the application link died, the landing page died and it was all over. While my wife never got to apply, I am happy at least one of us was able to get the an app in.
While I normally like to let my applications process with Chase, I knew this was not a time to wait. After the application was shutdown, I called in and spoke to a nice rep. She asked for my social security number to look up my app and informed me that no app existed. What?!? Then, she asked for my name and address and found it. I had used the wrong social. Yes, in the hurry to fill out the app, I had input my wife’s social security number. *Sigh
This has happened to me only once before with Barclaycard and it triggered an entire fraud investigation and a denied app. Obviously that could be disastrous in this case, so I was worried. Thankfully she asked me a series of questions and I explained that it was my wife’s social (and that I am stupid) and gave her my social. She then asked me to hold.
A few minutes later she came back with a stoic tone and said she was able to verify everything. My wife and I both have multiple cards with Chase and bank accounts as well, so I assume it wasn’t hard to verify the truth. Given her tone I was ready for some bad news, but thankfully the next words brought tears to my eyes. I was approved with a $10K limit!
The card showed up in my online account almost immediately, although without a logo or card art. Strangely it also made my Ultimate Rewards points balance disappear from the main login screen. I can go into the Ultimate Rewards site and see all of my cards though so everything seems to be fine there.
Speaking of the Ultimate Rewards site, the new Sapphire Reserve card shows up there, but if I click it then I get an error. At this time I can’t transfer points to it in order to book travel at 1.5 cents or to even search. I’m not sure if the IT is even ready. Again, this card wasn’t supposed to launch until Monday. I think it is clear that this wasn’t a purposeful soft launch.
There was some speculation about whether people who applied yesterday would get the bonus. Yes they absolutely should. The first version of the app without the landing page had the same URL as the app that was linked to from the landing page. In other words, the app we saw first was also coded for the 100K bonus. We also have screenshots showing this and there are multiple data points of people having Chase confirm the bonus is on their accounts. I too have been able to confirm the bonus is linked to my account.
Yesterday was wild and crazy for some people and I know others were left out. It is clear that this first round of apps didn’t have the 5/24 switch flipped into the “on” position, so we’ll have to see how next Monday goes. If you are interested in getting this card, check Reddit and come back here on Monday as I’ll be checking and sharing what other are reporting regarding approvals, etc.
Did you get approved for the Sapphire Reserve yesterday? Have anything to share about the craziness? Let us know in the comments!
This post may contain referral, affiliate or sponsor links that provide Miles to Memories compensation. Thank you for your support.