Upgrade From Chase Sapphire Preferred To Chase Sapphire Reserve

This is a recurring post that is regularly updated with new card information and details.
Upgrade from chase sapphire preferred to chase sapphire reserve. Though the reserve charges a 550 annual fee that s too much to stomach for some cardholders and might even prompt a downgrade users who spend at least 3 334 on travel and dining a year can get more. This is an example of a product change switching your current card to a similar card issued by the same bank. The chase sapphire reserve and the chase sapphire preferred card are two of the most talked about travel credit cards thanks to the valuable ultimate rewards program top notch benefits and valuable travel protections. The chase sapphire reserve is the big brother to the sapphire preferred card.
Approval is not guaranteed but using your available credit responsibly certainly helps. If you were to redeem 100 000 chase ultimate reward points in a year this way you would get an extra 250 in value by having the chase sapphire reserve instead of the chase sapphire preferred. By valencia patrice higuera updated. You might assume that the chase sapphire reserve which comes.
13 which is the day after the fee. 1 5 cents redemption value. A common question we receive is guidance as to whether one should upgrade the no annual fee chase freedom to the chase sapphire preferred card or chase sapphire reserve. Also keep in mind that chase ultimate reward points are worth 1 5 cents when used to book travel with the chase sapphire reserve versus the 1 25 cents that you get with the chase sapphire preferred.
It earns 3x points on travel once you earn the 300 travel credit and dining rewards plus 1x point on everything else. A number of readers have pointed out that chase representatives are currently unable to upgrade customers from the chase sapphire preferred card to chase sapphire reserve and the issuer has confirmed that is indeed the case officially chase will not allow sapphire reserve upgrades until monday jan. One of the most popular product changes between chase cards is between the chase sapphire reserve and chase sapphire preferred card. Next the 1 5 cents in redemption value the chase sapphire preferred gives 1 25 cents so you will need to think about that.
Asking to upgrade chase sapphire preferred to reserve is quick and easy. Chase is currently offering some temporary benefits for the chase sapphire reserve preferred the biggest is the pay yourself back feature that allows you to convert chase ultimate rewards points for 1 25 1 5 per point for the following purchases.