The Sapphire Reserve Card has been added to Chase's Refer-a-Friend Program. For every person that applies and is approved through your personal referral link, you'll earn 10,000 Ultimate Rewards. The maximum bonus points you can earn through Sapphire Reserve referrals per year is 50,000.

The Referral Offer
The sign up offer for the Chase Sapphire Reserve® through Refer-a-Friend is the same as the public offer: 50,000 Ultimate Rewards for spending $4,000 on the card within three months of account opening. That is what your friend will earn.

There are a few reasons I would never cancel a credit card. I wouldn't cancel a card:

With no annual fee. There's not much point, and eventually these old accounts will improve the average age of my credit accounts which will help my credit score. Plus presumably the card offers at least one benefit that has some value to me.
With a renewal bonus more valuable than the annual fee. Several cards offer bonus points or free hotel nights every year you pay the annual fee.

Chase has released a new United co-branded credit card with a unique rewards earning structure. Instead of earning miles, the United TravelBank Card earns cash back good for United purchases.

Yesterday I wrote about your options downgrading a Chase Sapphire Reserve® Card, and all the factors you should consider when choosing to downgrade or cancel.

One point I did not bring up, that I wished to elaborate more on in a separate post, is picking an optimal time to downgrade if you applied for the Sapphire Reserve before May 21, 2017.

This is because earlier this year, Chase changed the way a very valuable benefit of the Sapphire Reserve works--the $300 travel statement credits.
History of the Sapphire Reserve's Travel Statement Credit Benefit
The Sapphire Reserve's most valuable benefit that

Today we learned of a new rule enforced by Chase regarding their Sapphire products. Applicants will not be approved for another credit card in the Sapphire family if they already have one open. These are Chase's Sapphire branded credit cards:

Sapphire
Sapphire Preferred
Sapphire Reserve

This rule will only affect applicants moving forward and should have no affect on the cardmember status of existing cardholders.
Where the Rumor Came From
Doctor of Credit was a sent a photo from someone who works at Chase of a memo that was sent to them by Chase. It went over four points.

Yesterday I applied for the Marriott Rewards Premier Business credit card. To my delight, I was automatically approved after submitting the application.

The Marriott Rewards Premier Business credit card is issued by Chase, who is known for denying people for the majority of their cards who have opened almost any five credit cards from any bank in the last 24 months. I have opened far more than five credit cards in the last 24 months, but I decided to go for the Marriott Business card anyways as the rule is known not to apply it.

REMINDER: Today is the last day to apply for the Chase Hyatt Credit Card if you want two free night certificates good at any Hyatt as a sign up bonus. Starting tomorrow, there will be a new sign up bonus of 40k Hyatt points instead.

For spending $2,000 on the Chase Hyatt Credit Card within three months of opening it, you'll earn two nights at any Hyatt worldwide.

Through June 29, members of the AARP (anyone that can pay $12 today for a membership) can book roundtrip, transatlantic cash tickets on British Airways discounted up to $400. Departure date of the flight must be between the window of August 1, 2017 and January 8, 2018. No open-jaw flights are permitted. Origin and destination must be the same.

The discount depends on the cabin class booked.

And no, you don't have to be any specific age to join the AARP.

Are you already a Chase customer? Check your inboxes, people!

When you're shut out from the majority of Chase cards, you loose access to tons of rewards and reward earning opportunities due to what everyone calls the Chase 5/24 rule. If you've opened more than five credit cards from any bank (with the exception of most business cards) in the last 24 months, then Chase will deny you for almost all of their cards (with the exception of these).