Big Retention Offers for Chase Sapphire Reserve Cardholders

This post may contain affiliate links; please read our advertiser disclosure for more information.

Chase Sapphire Reserve retention offers

Big Retention Offers for Chase Sapphire Reserve Cardholders

When the annual fee is due on your credit card, you need to decide if you want to keep the card, downgrade it, or just close it. It’s always a good idea to speak to a representative and see if there are any retention offers available. Chase is not known for giving out many retention offers, but in recent days there are several data points for big offers for one of its most popular cards.

Some Chase Sapphire Reserve cardholders who have called in to downgrade to the Chase Sapphire Preferred, have been offered up to a $250 retention bonus for keeping their Chase Sapphire Reserve card for another year. The card’s benefits, such as the $300 travel credit and more, would make it a no brainer to keep the card with that kind of offer.

Some others have received offers for $150 or were offered $60 if they downgraded to the Chase Sapphire Preferred instead of just closing the account completely.

But not all Chase Sapphire Reserve cardholders have had the same luck with these retention offers. Some reps are saying that they are aware that “someone posted something online”, but “Chase is not offering anything to anyone”. Could be worth hanging up and trying again if you get a similar reply.

Conclusion

The Chase Sapphire Reserve credit card is a great product and if you receive a $250 offer to keep it for one more year, then you should definitely do it. Even with a $150 offer it should make sense for most people.

DDG
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last two years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

More Like This

2 COMMENTS

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

2 COMMENTS

  1. If you play that game you better be prepared to cancel the card and walk away. I’ve read of people calling to cancel thinking they would get a retention offer and not only didn’t get one but the card issuer cancelled the card they really wanted to keep.

    Never plays to try and pull a fast one on the banks

LEAVE A REPLY

Please enter your comment!
Please enter your name here

7,296FansLike
15,983FollowersFollow
12,400SubscribersSubscribe

SoFi Money $50 Bonus!

Super easy bonus! Sign-up and deposit $500 or more and they'll pay you $50! That's it!
Grab Your $50 SoFi Bonus Now!

Webull - 2 Free Stocks!

Brokerage app Webull is offering 2 Free Stocks! Just open an account and fund with $100 to get your stocks valued up to $1600! Super easy!
Grab your 2 free stocks now!
BoardingArea

Subscribe To Our Newsletter

Join thousands of MtM readers who are subscribed to receive a once daily email with all of our posts. Never miss out!

You have Successfully Subscribed!