Chase Sapphire Reserve Giving $100 Credits to Offset Annual Fee – The Credit Shifu

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Chase is giving select cardmembers of its Sapphire Reserve card a $100 statement credit, to offset the annual fee which increased to $550 as of April 1st 2020. The Chase Sapphire Reserve is one of my go to travel credit cards and a great card to get if you want to earn Chase UR points.

Videos mentioned in this video:

Chase Sapphire Reserve Fee Increase + Benefits: My Take

We’re Launching a Credit Card! Apply Today! (April Fool)

Chase Credit Card Downgrade Options EXPLAINED (Sapphire, Freedom, Business, Co-Branded)

#chasesapphirereserve #creditcards

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35 comments

The Credit Shifu April 1, 2020 - 3:37 pm

ALL VIDEOS MENTIONED IN THIS VIDEO: Chase Sapphire Reserve Fee Increase + Benefits: My Take
https://youtu.be/_9MbvMlz0WM
We're Launching a Credit Card! Apply Today! (April Fool)
https://youtu.be/Pbtn-DP2C8A
Chase Credit Card Downgrade Options EXPLAINED (Sapphire, Freedom, Business, Co-Branded)
https://youtu.be/iILNqbmNK1c

Reply
ReelTalkFishing April 1, 2020 - 6:22 pm

Wish AMEX was doing this!!! Smh 🤦‍♂️

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ADV World April 1, 2020 - 6:22 pm

I already paid the $550 AF in February..

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Chris April 1, 2020 - 6:38 pm

Sucks for those of us that already got hit with it and cant travel…

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Oh So Right April 1, 2020 - 7:08 pm

So I received the notification but my fees are wavied for military, do I get the credit still?

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Jon C April 1, 2020 - 7:13 pm

Not to be that guy.. but that’s a good start. Probably not enough to keep people from canceling or downgrading. I myself gonna downgrade to preferred. Haven’t even used my $300 travel credit yet either. Maybe thrown in 10k ur’s for some spend.

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Mumble April 1, 2020 - 7:36 pm

Chase is doing a good job my doing this but what are we preferred card holders getting

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Angela Wheeler April 1, 2020 - 7:37 pm

Why did you lie to people on ssi they are saying now we won't get the check you said we would

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AirSoftMaverick3232 April 1, 2020 - 7:56 pm

Chase has been excellent recently. I had a big trip to South Korea and Hong Kong planned for the middle of April with a majority (main flights and most hotels) of things booked through Chase (all non-refundable) and they really stepped up to the plate in helping me get in contact with hotels and negotiating refunds and things.

This rebate is the cherry on top but in reality they won't be reimbursing any travel credits for a while so it's a drop in the bucket for them 🙂

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Ben Levitz April 1, 2020 - 7:58 pm

Good work as always Ben! Thanks 🙏 so much for the amazing content! Stay safe and thanks so much!
Sincerely,
Ben Levitz

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Gonzalo Garcia Tunon April 1, 2020 - 8:18 pm

Are you gonna talk about about new Chase United Infinite credit card?

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Stephen Bauer April 1, 2020 - 8:48 pm

Chase doing a good job. They added streaming service for Q2 to chase freedom card

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Nelson G. April 1, 2020 - 9:24 pm

They also added a new 5% category for Freedom card! Since ther gyms and fitness clubs are closed.

Chase is stepping up!

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Ron April 1, 2020 - 9:37 pm

The AF on my CSR posts in Aug. I had planned to downgrade but now I hope Chase ends up extending this a month or two

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Darvin Ray April 1, 2020 - 10:08 pm

Too late. I already downgraded my CSR yesterday. I got chase's email today. LOL.

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Romario Gomez April 1, 2020 - 10:46 pm

Honestly thought it was an April fools joke

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Melvin Scott April 1, 2020 - 10:59 pm

I got the notification for this and didn’t realize it. Thanks for prompting me to check.

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Thomas Pirko April 1, 2020 - 11:10 pm

This is true, got a secure message from Chase this morning telling me i would be getting the $100 statement credit at the same time they post me annual fee.

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Y W April 1, 2020 - 11:25 pm

@thecreditshifu does this apply if i upgrade from CSP to CSR today? thank you

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Rishab Gangopadhyay April 1, 2020 - 11:55 pm

January: Chase increases annual, adds Doordash.
Everyone: "This is such a dumb perk, if I want food I'll just go out and get it myself"

April: quarantine

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Gipuzkoa April 2, 2020 - 12:35 am

If I downgrade to the CF will I lose the points I've earned?? No way am I keeping the SR with travel likely fluffed for awhile and this insane af for such lousy added benefits

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HellsAttack April 2, 2020 - 12:54 am

Not an April Fool's joke?

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Robert Friedman April 2, 2020 - 2:31 am

Thanks for info. My one year anniversary is in a few days. Get well soon Jamie Dimon.

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Michael Trovato April 2, 2020 - 2:42 am

I got the message from chase today it’s legit

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RainyDayCollectibles April 2, 2020 - 5:45 am

American Express gave me $500 credit for not canceling my account last week.

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Shalyn Sherriff April 2, 2020 - 7:26 am

I wanted to upgrade to the CSR in June. I wonder if they would credit the $100 for those who want to do this as well.

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Debt To Dollars April 2, 2020 - 2:02 pm

do you think they'll do something similar for the sapphire preferred?

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Josue Vivas April 2, 2020 - 11:26 pm

My renewal is July 1st!

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XFLEUR April 3, 2020 - 12:29 am

Eh, Still downgrading

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James Shaw April 3, 2020 - 5:45 am

More interested in intro bonus extension for Chase cards

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Brandon Hurst April 3, 2020 - 12:52 pm

I recently got the Chase Reserve (like last month) and was just charged the annual fee on April 1st, does this credit apply to me? I didn't see a message in the Chase app 😔

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Jon B April 4, 2020 - 4:10 am

Yea, I am still going to cancel the Reserve. Makes no sense for me at the present. May apply for it again in the future, and get the signup bonus.

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Danny Zen April 4, 2020 - 6:40 am

Would be cool if CSP also did something similar

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Tuan Tran April 6, 2020 - 1:04 am

Mine is July 10th….

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Thomas April 15, 2020 - 3:43 pm

Funny, I recently applied for this type of card and was denied…. I think it was the entry one.

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