Last year, Chase launched the Chase Sapphire Reserve, which caught the miles world by storm with its 100,000 sign up bonus and slew of benefits including:
- Annual $300 Travel Credit that deducts eligible purchases automatically
- Complimentary Priority Pass Lounge Membership
- 3x points on Travel & Dining
See also: Why the Chase Sapphire Reserve is the world’s best travel credit card
Unfortunately, all good things come to end. Effective January 12th, the sign up bonus on the Chase Sapphire Reserve will decrease 50%, making it equal to the current sign up bonus of the Chase Sapphire Preferred card.
This is equivalent of having a sign up bonus worth $750 less, since Chase Sapphire Reserve cardholders can redeem their points for travel expenses at 1.5 cents each.
I highly recommend applying for this card before the sign up bonus decreases, as it’s unlikely we’ll ever see such a high bonus ever again.
