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Question about the Chase CSR?

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kaw943
Regular Contributor

Re: Question about the Chase CSR?

Do we get 300.00 every year or just as a one time deal, I just got approved for the card and did not see anything or should I say overrlooked it. I am waiting for it to arrive in the mail along with the paper work. 

Trans 740| Equifax 722| Experian 733| Chase Sapphire Reserve 20k|Discover It 12k| Bofa Cash Rewards 22k| Citi Prestige 11k and AA Executive WEMC 22k|Amazon SC 7k|FNBO TravElite 10k| Amex Plat NSPL, Everyday Preferred 6k|PenFed Plat Rewards
Message 11 of 27
Anonymous
Not applicable

Re: Question about the Chase CSR?


@kaw943 wrote:

Do we get 300.00 every year or just as a one time deal, I just got approved for the card and did not see anything or should I say overrlooked it. I am waiting for it to arrive in the mail along with the paper work. 


Every year

Message 12 of 27
kaw943
Regular Contributor

Re: Question about the Chase CSR?


@Anonymous wrote:

@kaw943 wrote:

Do we get 300.00 every year or just as a one time deal, I just got approved for the card and did not see anything or should I say overrlooked it. I am waiting for it to arrive in the mail along with the paper work. 


Every year


Thanks. 

Trans 740| Equifax 722| Experian 733| Chase Sapphire Reserve 20k|Discover It 12k| Bofa Cash Rewards 22k| Citi Prestige 11k and AA Executive WEMC 22k|Amazon SC 7k|FNBO TravElite 10k| Amex Plat NSPL, Everyday Preferred 6k|PenFed Plat Rewards
Message 13 of 27
Anonymous
Not applicable

Re: Question about the Chase CSR?


@kaw943 wrote:

Do we get 300.00 every year or just as a one time deal, I just got approved for the card and did not see anything or should I say overrlooked it. I am waiting for it to arrive in the mail along with the paper work. 


If you app (rather than PC) the one-time deal part is the 100K UR.    For those that care about AF, and want to keep the card, the fact that the $300 is every year makes the card much more attractive

Message 14 of 27
Revelate
Moderator Emeritus

Re: Question about the Chase CSR?


@Anonymous wrote:
I think first and foremost the most important thing is people need to realize this is a travel card. So if you don't travel, the whole $300 credit thing won't make any sense.
Because of my lack of major travelling (1-3 times a year max), a $450 AF travel card just wouldn't make any sense for me!

I'd just recommend doing the math; if you spend more than $300 on travel a year (and even travelling once will do that quite likely) especially considering how much Chase codes as travel (apparently all the mass transit here in LA does, and I'm seriously considering trying it for once) then the restaurant spend I need just to break even with the CSP is pretty darned trivial.

 

 

I knew the card was good, but after doing the math I really should get it.




        
Message 15 of 27
Anonymous
Not applicable

Re: Question about the Chase CSR?

While I do travel a lot (air, hotel, train, etc) I must say I really like to use the $300 travel credit for Uber/Lyft. I live in LA and frequently use Lyft. I used the 2016 travel credit in the first couple months and have already started using the 2017 credit on Lyft. While I do understand the CSR is a travel card, what one person might consider travel can vary. Although I travel out of state about once per month I'm just trying to use this example of Lyft/Uber as being able to "travel" without even leaving the city you live in.

Message 16 of 27
Anonymous
Not applicable

Re: Question about the Chase CSR?

Surprised nobody has mentioned that if you time it right and keep the card only one year, you can "double dip" the travel credit. I signed up in August and used up my credit before my December statement date, the deadline for using your 2016 travel credit. I ALSO get a 2017 travel credit as well (already started using some of it)

Since I paid $450 for the card and got $300 in 2016 and will get $300 in 2017, I could cancel the card after 1 year and not pay another annual fee. That would be basically them PAYING ME $150 to use the card. And that doesn't even count the 100K sign up bonus!

If you do ANY sort of travel it's a total no brainer.
Message 17 of 27
newhis
Valued Contributor

Re: Question about the Chase CSR?


@Anonymous wrote:
Surprised nobody has mentioned that if you time it right and keep the card only one year, you can "double dip" the travel credit. I signed up in August and used up my credit before my December statement date, the deadline for using your 2016 travel credit. I ALSO get a 2017 travel credit as well (already started using some of it)

Since I paid $450 for the card and got $300 in 2016 and will get $300 in 2017, I could cancel the card after 1 year and not pay another annual fee. That would be basically them PAYING ME $150 to use the card. And that doesn't even count the 100K sign up bonus!

If you do ANY sort of travel it's a total no brainer.

I bet some people will triple dip.

 

I think before applying and my plan is to keep the card at least for 2 years before PC or close (for all the cards I apply).

Message 18 of 27
elim
Senior Contributor

Re: Question about the Chase CSR?

My statement cuts Dec 25th.  I'll report back when it does.

 

I got hurt a couple months ago and had knee surgery yesterday, so I bought a Marriott E-GC for exactly $300.  I'll just use next year's credit when I travel (hoping to be back on my feet soon!).

Message 19 of 27
Anonymous
Not applicable

Re: Question about the Chase CSR?

It will work for the subway.  And you would potentially be able to get the 300 three times before switching over to the no annual fee card. Paired with the signon bonus, its a no brainer for most.

 

And might I say wow I am impressed with your scores you are at the 800 mark on all three practically galahad15!

Message 20 of 27
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