Chase Sapphire Reserve Annual Travel Credit Calendar Year

For cards issued prior to may 21 2017 it was reimbursed per calendar year not membership year.

Chase sapphire reserve annual travel credit calendar year. Purchases must be posted not pending by your december statement dated any time dec 1 through dec 31 to be credited against current year s 300 credit. My june 1 checklist of credit card credits shipping wireless restaurants groceries more joseph n. Theoretically if you product change to the chase sapphire reserve before may 21st it should be possible to still get the 300 travel credit two times in the first calendar year. For all those that apply for the chase sapphire reserve may 21 and on the annual 300 travel credit benefit will be applied on a card membership year basis instead of a calendar year basis like the way it is now.

The chase sapphire reserve comes with a 550 annual fee though some with upcoming renewal dates are receiving a 100 statement credit to lessen the blow from coronavirus related travel slowdowns but if you can maximize the card s 300 annual travel credit that annual fee is a lot less painful. 17 thoughts on psa. Purchases must be posted not pending by your december statement dated any time dec 1 through dec 31 to be credited against current year s 300 credit. As we know chase and most premium cards csr amex platinum amex prg citi prestige base their annual credits on the calendar year not cardmember year.

This avenue might be attractive to those with no chance of being below 5 24 for a new application in the foreseeable future. Chase sapphire reserve annual fee post date may not match start of 300 travel credit period pingback. June 6 2020 at 1 28 pm you know chase changed this right. Chase sapphire reserve 300 annual travel credit.

At first the 300 credit was based on calendar year but after may 21st 2017 chase changed it. Annual means the year beginning with your account open date through the first statement date after your account open date anniversary and the 12 monthly billing cycles after. For cards issued prior to may 21 2017 it was reimbursed per calendar year not membership year. However many other credit cards offer statement credits and other perks that are timed to the account anniversary and payment of the annual fee rather than the calendar year.

This credit is the single greatest perk of the card as it essentially earns you back two thirds of your 550 annual fee every year and the way i view it this means that the card only really costs you 250 per year to hold on to. Terms on the chase website state that beginning may 21 2017 the 300 annual travel credit will be based on the cardmember year not the calendar year. Among them the best known is probably the chase sapphire reserve which offers 300 back on a broad range of travel purchases. The chase sapphire reserve card offers annual travel reimbursements up to 300.