By: Bryce Conway
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Hi Travel Junkies,
Anyone who has been reading 10xTravel for longer than a couple weeks can tell you that I am adamantly opposed to upgrading credit cards. The mere thought of doing so causes me physical pain.
By upgrading a credit card instead of applying for it separately you voluntarily give up any sort of sign-up bonus offered by the card, which is basically throwing away free money.
But, I had to break my own rule recently when I upgraded my Chase Sapphire Preferred to a Chase Sapphire Reserve.
I finally caved and upgraded my CSP to a CSR
We’ll talk about why I did that in a moment, but first let’s cover the basics.
Here are the details on the Chase Sapphire Reserve:
- 3x points on dining and travel, 1 point per $1 on everything else
- Points transfer 1:1 to many major airline and hotel loyalty programs
- $450 annual fee not waived first year
- $300 annual travel credit good for any form of travel
- Priority pass membership, which gives you (plus guests) access to 1,000+ airport lounges worldwide
- Up to $100 credit for application fees for TSA PreCheck or Global Entry