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re: Chase Sapphire Reserve Changes - look how they massacred my boy

Posted on 6/10/25 at 1:42 pm to
Posted by prostyleoffensetime
Mississippi
Member since Aug 2009
11997 posts
Posted on 6/10/25 at 1:42 pm to
quote:

I have the Sapphire Reserve and a few hundred thousand points. If I cancel the card, do I lose access to the Chase Rewards Portal?



I don't think so... But also, cash that shite out before you do!

eta: Cash out, transfer to Hyatt or some airline, book through the Portal, whatever. No point in risking it.
This post was edited on 6/10/25 at 1:43 pm
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
30166 posts
Posted on 6/10/25 at 1:47 pm to
quote:

Dumb Question: I have the Sapphire Reserve and a few hundred thousand points. If I cancel the card, do I lose access to the Chase Rewards Portal?

If you don’t have a roughly equivalent card to transfer the points to, I would either transfer them all to a transfer partner, or I would downgrade to a Sapphire Preferred instead of cancelling.
This post was edited on 6/10/25 at 1:48 pm
Posted by DaBeerz
Member since Sep 2004
18060 posts
Posted on 6/10/25 at 2:03 pm to
quote:

I have the Sapphire Reserve and a few hundred thousand points. If I cancel the card, do I lose access to the Chase Rewards Portal?


Yes you will lose them unless you have an Ink or a CSP to transfer them to.
Posted by Teddy Ruxpin
Member since Oct 2006
40186 posts
Posted on 6/10/25 at 2:06 pm to
quote:

I was an extremely early adopter of the Reserve, and if they go anywhere near that annual fee without offsetting it with an increase in travel credit, I'm out. Speaking of offsets, I'm getting really tired of the touting of very small ($5-10/mo) benefits to varying subscription services that don't rollover as a justification for increased annual fees


I'm aghast you kept it this whole time! I'm a year out from getting my 4th CSP/CSR depending on who has the better offer.

To be fair, I've had a $95 old ink bold that is called whatever now that I've had for a decade so that's why I can churn the CSPs
This post was edited on 6/10/25 at 2:12 pm
Posted by Teddy Ruxpin
Member since Oct 2006
40186 posts
Posted on 6/10/25 at 2:10 pm to
Could also move the points to any of their no fee "cash back" cards like Freedom Flex or Unlimited.

Then get a premium card later and those points become transferable again
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
30166 posts
Posted on 6/10/25 at 2:10 pm to
quote:

I'm aghast you kept it this whole time! I'm a year out from getting my 4th CSP/CSR depending on who has the better offer.

I know man; I know. Just got tired and lazy
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
30166 posts
Posted on 6/10/25 at 2:12 pm to
quote:

Could also move the points to any of their no fee "cash back" cards like Freedom Flex or Unlimited. Then get a premium card later and those points become transferable again

I thought about pitching that, but the specter of point devaluations always makes me nervous about sitting on a hoard for very long.
Posted by VABuckeye
NOVA
Member since Dec 2007
37729 posts
Posted on 6/10/25 at 2:17 pm to
Is it possible to simply downgrade to a Chase Sapphire and move the points into that bucket? Honestly, it should just happen with the downgrade.
Posted by TigerGrl73
Nola
Member since Jan 2004
21373 posts
Posted on 6/10/25 at 2:21 pm to
quote:

How does this work?

OpenTable Sapphire Reserve

I'm assuming if you book a Sapphire Reserve restaurant on OpenTable and pay with your linked credit card, you'll get a statement credit up to $150 every 6 months. Right now you just get access to prime reservations. I live in Nola part time and eat at several restaurants that are part of the program so it will be beneficial for me.

I haven't seen anything official about that being a perk. Just rumor.
Posted by Teddy Ruxpin
Member since Oct 2006
40186 posts
Posted on 6/10/25 at 2:22 pm to
quote:

Is it possible to simply downgrade to a Chase Sapphire and move the points into that bucket? Honestly, it should just happen with the downgrade


There used to be a regular Chase Sapphire that was lower than CSP.

But yes, downgrading from CSR to CSP will work fine. I thought the issue was avoiding annual fees or something, which is why I mentioned the other cards that could hold them.
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
70937 posts
Posted on 6/10/25 at 2:45 pm to
quote:

Speaking of offsets, I'm getting really tired of the touting of very small ($5-10/mo) benefits to varying subscription services that don't rollover as a justification for increased annual fees.


This is becoming the new normal and its awful. Didnt AMEX start all that crap?

Oh here's $120/yr of credits to something you dont really use as an added benefit to us hiking the fee by only $100....btw cant use $120 at once, it's only $10/mo actually

Infuriating
This post was edited on 6/10/25 at 2:46 pm
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6593 posts
Posted on 6/10/25 at 5:04 pm to
quote:

death nail


Posted by ChasinTails
USA
Member since Oct 2017
155 posts
Posted on 6/11/25 at 2:22 pm to
Hate the news of a fee increase, but your thread title is perfect.
Posted by metallica81788
NO
Member since Sep 2008
9747 posts
Posted on 6/11/25 at 3:06 pm to
I was also an early adopter of the Reserve on that original 100k point signing bonus and have kept it since then

I'm concerned about this as I transfer 6-7 Chase cards worth of points between me and wife to my Reserve for better redemptions through the portal and such.

Guess I should start burning through some points soon...
Although the $500 SW credit could make it worthwhile to keep.
Posted by lynxcat
Member since Jan 2008
24749 posts
Posted on 6/11/25 at 3:19 pm to
quote:

This is becoming the new normal and its awful. Didnt AMEX start all that crap?



They just make the use of the program so much more complex. Maybe that's part of the gig is marketing of the benefits and then adoption rates are low because people forget about it.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
44468 posts
Posted on 6/11/25 at 5:09 pm to
My wife would kill me if I got rid of our amexes due to the lounge. But the benefits just aren't worth it anymore
Posted by metallica81788
NO
Member since Sep 2008
9747 posts
Posted on 6/11/25 at 7:24 pm to
Oh I just realized the SW credit was 75k spending I spread over more cards than that haha
The end may be near
Posted by gpburdell
ATL
Member since Jun 2015
1558 posts
Posted on 6/12/25 at 10:17 am to
quote:

I'm assuming if you book a Sapphire Reserve restaurant on OpenTable and pay with your linked credit card, you'll get a statement credit up to $150 every 6 months.


Amex Delta Reserve has a similar benefit with Resy (special access and monthly credit). Though you don't have to actually book a restaurant thru Resy to get credit. Just make a charge for a restaurant that is bookable on Resy; wonder if it works the same.

I currently have a CSP and had thought about upgrading it to CSR. The $300 dining credit would offset the fee increase. So I'll wait and see what the final changes are.
This post was edited on 6/12/25 at 10:19 am
Posted by Hou_Lawyer
Houston, TX
Member since Jun 2019
2090 posts
Posted on 6/12/25 at 11:14 am to
quote:

My wife would kill me if I got rid of our amexes due to the lounge. But the benefits just aren't worth it anymore


I've had the Platinum for around 10 years now. Whenever the annual fee hits, I always call and get a retention offer. It's usually $500 credit or 50k points. I do spend north of $75k each year on it. That's the only reason I haven't ditched it. Coupon book shite.
Posted by cfish140
BR
Member since Aug 2007
8166 posts
Posted on 6/12/25 at 1:15 pm to
Damn. I literally just got the Reserve this year
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