If you have a Chase Sapphire Reserve® Card, you should have already gotten a notice in the mail about a few changes to your benefits effective August 26, 2018. But let's get real. I'm sure many of you throw that mail away without even looking at it. Here are the changes it went over.
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The Chase Sapphire Reserve®, the Citi Prestige, and the The Platinum Card® from American Express card are premium credit cards with huge benefits and high annual fees to match.

The first year, these are fantastic cards. The second year, the value is less certain. We'll look at canceling and downgrading options in this post.

The First Year

Many people are scared off by that annual fee, which makes sense at a superficial level. We all got interested in miles and points to save money, not spend it.

If you’re just getting started you need to get the most powerful combo of credit cards to earn miles. I’ve discussed the general strategy to maximize miles from credit cards over your lifetime recently, but let me be very specific for beginners.

Start with the Chase Freedom Unlimited® and the Chase Sapphire Reserve®. While you’re at it, get the Chase Ink Business Preferred® Credit Card if you have more spending capacity and a business. I recommend these 2-3 cards because:

They earn Ultimate Rewards, that transfer to 11 partner airline
They complement each other.