All tagged 5/24 Rule

The long wait is over! I have the Chase Sapphire Reserve!

That was a long road, but I have finally reached the destination! Yesterday my shiny, new Chase Sapphire Reserve card arrived via UPS! Earlier this week I applied for and was instantly approved for what is perhaps the most popular points and miles card on the market. My excitement level was higher than normal given that I have been waiting to get this card since its debut in September 2016. The card has a $450 annual fee but great benefits. The question begging to be answered is simple: “Is the card worth such a high fee?”

Recently, Chase changed its rules and now prohibits a user from carrying more than one Sapphire card product. My wife wants to apply for the very attractive Chase Sapphire Reserve card so we decided to downgrade her current Chase Sapphire Preferred to the Chase Freedom Unlimited. The process was fairly simple and now she will be able to apply for the Sapphire Reserve product.