Chase Sapphire Reserve Credit Card is one of the many amazing credit cards introduced by the Chase Company. Anyone can apply for the credit card but before commencing the process, there are a few things you should be aware of.
1. Why Chase Sapphire Reserve Credit Card?
Chase Sapphire Reserve Credit Card provides the individuals with the opportunity to enhance their travelling experience by providing a plethora of perks. It is an astounding card to opt for if you have strong desires of travelling.
1.1 How Chase Sapphire Reserve Credit Card Work?
The Chase Sapphire Reserve Credit Card works differently as it’s not a store’s credit card. It lets the individuals have access to a myriad of premium lounges scattered throughout the world and much more! Chase Sapphire Reserve Credit Card comes with APR of 16.24% to 23.24%, depending on the cardholders’ creditworthiness.
1.2 The Benefits and the Limitation of Chase Sapphire Reserve Credit Card
The cardholders can enjoy the following benefits;
- 100,000 reward points are awarded on spending $4,000 in the first three months.
- Earn 3 points in reward on every dollar spent on worldwide travelling and dining.
- Earn 1 point in rewards on all the miscellaneous purchases worldwide.
- Enjoy $300 in annual travel credit limit.
- The card comes with a 5/24 rule which means that the individuals having signed up for more than five cards in the last 24 months can be declined. However, this is not a rule defined by the authorities and can allow the individuals to obtain the card sometimes.
- Many of the travel benefits are covered by the unaffiliated insurance companies which require specific time limit and documents to let the individuals reap certain benefits.
|Rewards||Receive up to $300 in statement credits annually as reimbursement for travel purchases such as airfare and hotels charged to your card*|
|Signup Bonus|| 100,000 BONUS POINTS
after you spend $4,000 on purchases in the first 3 months
from account opening*
|Telephone||Customer Support – 1-800-432-3117|
|Mailing Address||Mailing address available here.|
|Annual Fee|| $300 ANNUAL TRAVEL CREDIT
automatically applied to your account for travel
purchases charged to your card*
|Cardmember Agreement||Click here to view the PDF file|
|Cash Advance APR||24.99%. Variable based on the market Prime Rate.|
|Cash Advance Fee||Either $10 or 5% of the amount of each transaction, whichever is greater.|
|Late Payment Fee||Up to $15 if the balance is less than $100; up to $25 if the balance is $100 to less than $250; up to $35 if the balance is $250 or more.|
|Purchases APR||15.99%. Variable based on the market Prime Rate.|
2. How to Apply for Chase Sapphire Reserve Credit Card?
Applying for the Chase Sapphire Reserve Credit Card is one of the easiest tasks. Before commencing the process, ensure that you have, along with you, all the required authentic and valid information and legal documents.
2.1 The Application Process
click here to visit the homepage of apply process:
For the application process, the individuals would be required to visit the designated web page and provide them with the following information;
- Complete name
- Mailing address
- Information regarding permanent residence
- Financial information
- Security information
At the end of the application process, your submitted application would be reviewed by the officials, and you will be notified regarding the acceptance/rejection of the Chase Sapphire Reserve Credit Card in the following week. If you are rejected in your first attempt, then reapply for the card as it increases your chances of securing the Chase Sapphire Reserve Credit Card.
2.2 The Activation Process
Many of the Chase Sapphire Reserve Credit Card arrives at the mailing address pre-activated, but if yours didn’t arrive pre-activated, then you can follow a simple process.
There are two ways of activating the credit card. You can call their card activation representatives at 1-800-432-3117, or you can activate it by setting up an online account. For this process, you would be required to enter the following information;
- Credit card number
- Social Security Number/Date of birth
- User ID
You can make up your user ID at this point. After supplying the online platform with all the necessary information, your Chase Sapphire Reserve Credit Card would be activated without any further ado.
3. How to Login with Your Chase Sapphire Reserve Credit Card?
3.1 How to Login?
For the login process, you would be asked to enter the following information in the blank space to complete the action;
- User ID
There is no need to worry in the unfortunate event of forgetting your user ID or password because they can be easily recovered. For gaining access to your online account again, you would be asked to provide the following information;
- Social Security Number/Tax ID Number
- Credit card number
You will be required to enter personal identification information as well to help the officials locate your user ID and reset your password if necessary. In the case of losing your Chase Sapphire Reserve Credit Card, you can inform the concerned authorities at 1-800-432-3117. Not much damage can be done to your stolen or lost credit card because it requires the signature of the cardholder to process transactions.
4. Most Popular FAQs
The Chase Sapphire Reserve Credit Card is a fairly new card that was made public in late August 2016. As of now, their FAQs section is limited and doesn’t cover a plethora of general subjects. The available FAQs section deals with the obtained rewards and the places where the collected rewards can be utilized such as gas stations, restaurants, travelling, and groceries. Moreover, the detailed information regarding the travelling and the related information can be accessed from the designated FAQs section of Chase.
5. How to Cancel my Chase Sapphire Reserve Credit Card?
As mentioned above, the Chase Sapphire Reserve Credit Card is a new one, so not much information is available regarding the card either on the online internet platforms or the Chase website itself. The Chase Sapphire Reserve Credit Card is a credit card after all and can be easily cancelled by placing a call to the customer representatives who would assist you in this process and would help you in cancelling your Chase Sapphire Reserve Credit Card.
6. Chase Sapphire Reserve Credit Card Reviews
The reviews and comments left by the people who transferred from other Chase card to the Chase Sapphire Reserve Credit Card or have recently signed up for the card are pretty much positive. Most of the people enjoyed the perks and the rewards that come with the card. People praised the customer services and said that they were surprised to have been attended by humans rather than automated answer machines. A lot of people said that due to the Chase Sapphire Reserve Credit Card, they could easily travel first class and suite by utilizing the accumulated points with a little or a limited travelling budget.
Chase Sapphire Reserve Credit Card is an extremely beneficial one if you have a wandering spirit and love to travel a lot. Even if you don’t possess a wanderlust spirit, it still is a great credit card to opt for because the points accumulated on the spending of each and every dollar can rake up a lot of money in the point redemption process. Despite having $450 in annual fees, it can allow the individuals to undergo the finest travelling experience that can turn their trips into memorable ones!