I think sometimes I assume that readers get their credit card advice from all the other travel blogs that are out there and rely on me for other areas of expertise. That being said, I spend a lot of time thinking about optimal credit card strategy, as I’m lucky enough to have some credit card spend from my day job that helps me earn miles and points.
In case you’ve been under a rock or don’t read a bunch of other travel blogs, here’s the nickel version on this new card:
- Earns Ultimate Rewards points, same currency as the Chase Sapphire Preferred the Chase Ink cards.
- Current sign-up bonus of 100,000 Ultimate Rewards points after you spend $4,000 in the first 3 months after you receive the card.
- $450 annual fee not waived for the first year.
- $300 travel credit (we’ll be talking about this more later).
- Lounge access with Priority Pass Select membership.
- 3X points on travel and dining (versus 2X for Chase Sapphire Preferred).
- More cash value if you redeem your points for travel purchases through Chase (something I usually don’t recommend).
There’s more, but those are the highlights for me. I’m not sure how long the 100,000 point sign-up bonus is going to be around, and that’s an excellent sign-up bonus. No referral links or upside otherwise for me whether you apply, but if you’re thinking about it you really should do it soon.
Some new information came my way in regards to the travel credit. A $300 travel credit is a nice plus when you look at that $450 annual fee. And, this credit is more useful than the American Express Platinum credit, in that it’s generally speaking for any travel charge (like an airline ticket) instead of just fees (like a checked bag fee).
My friend Perry Platypus pinged me on Twitter yesterday to say that there’s an interesting new category where you can score that $300 travel credit:
Translation: Folks who are Disney Vacation Club members should be able to charge their dues on the Chase Sapphire Reserve and have it count towards the $300 travel credit. And, for folks who aren’t DVC members, a Disney World annual pass may qualify as well.
ETA: After some reader comments (below) it seems you likely won’t get the $300 travel credit if you just purchase the annual pass outright. If you purchase it through DVC or by funds you put into a Disney Vacation Account, those methods seem to work. Thanks to everyone who weighed in!
Don’t Forget To Double-Dip
My understanding is that the $300 travel credit is an annual benefit tied to a calendar year, where the annual fee is on a rolling 12 month schedule from when you are approved for the card. This means you should be able to apply for the card now and receive a $300 travel credit in 2016, then get another $300 travel credit in early 2017 (or anytime in 2017). That means you can earn $600 in travel credits before you have to incur the $450 annual fee again.
No matter how you earn that $300 travel credit, it’s a great deal.
Are You Applying For The Chase Sapphire Reserve Card?
If So, How Are You Earning The $300 Travel Credit?
The post The Chase Sapphire Reserve Is Something Disney Fans Should Love! was published first on Pizza in Motion