Sapphire Reserve Annual Fee Jumps to $550 Tomorrow

New cardholders of the Chase Sapphire Reserve*, those that apply tomorrow (January 14) or later, will have an annual fee of $550. Current cardholders (or those that apply before tomorrow) have/will have an annual fee of $450. So if you were looking into the Sapphire Reserve, it's time to look a little closer... right now.

*Please note that this link, which is a MileValue affiliate link (meaning we get a commission for approvals), shows "offer unavailable" right now. You can still apply for the current offer directly on Chase's website, until tomorrow (January 14) at some point.

Maximize the Freedom Card’s 5x Category for Q4

December 14, 2019, is the last day to register your Chase Freedom to earn 5x Ultimate Rewards for the past quarter at department stores and via PayPal and Chase Pay.

When Was the Last Ultimate Rewards Transfer Bonus?

Chase Ultimate Rewards, American Express Membership Rewards, Citi ThankYou Points, and Capital One miles are the four major types of transferrable points. By transferrable point I mean that not only are they redeemed for a fixed value, they can also be moved to airline and hotel loyalty programs for often higher value award redemptions.

Those with Membership Rewards, ThankYou Points, and Capital One miles are presented the opportunity to earn a bonus on transferred points periodically. Chase Ultimate Rewards offered their first transfer bonus ever in May to British Airways Avios.

Timing the Southwest Companion Pass to Last Two Full Years

UPDATE 10/18/19: A few key details about the Companion Pass and the offers for the Southwest co-branded Chase credit cards have changed since this post was originally published. The Chase Southwest Rapid Rewards Performance Business Credit Card's bonus dropped from 80k to 70k Rapid Rewards for meeting a $5,000 minimum spending requirement within three months of opening the card.

Walking Across America with Points: Week 3

It's been a while since we've heard from Mike Hammari, the man who is walking across the United States using travel rewards to minimize accommodation costs and therefore nights slept outdoors. He's vlogging his experience on YouTube and blogging about it here on MileValue.

A Quick Catch Up

These recounts of his journey are being written in retrospect. Mike took a break in the middle of his walk to return to work, travel some (not on foot), and is now back on the steaming late summer road of central Texas. Last I heard, his shoes had recently melted.

Last Chance to Opt Out of Chase’s Binding Arbitration

If you have a credit card issued by Chase, in May you should have received an email from Chase with the subject line, "Important information regarding changes to your Chase account". In said email you were informed that Chase will alter your cardmember agreement to include a legal provision called binding arbitration as of early August.

I Wasn’t Expecting That Auto-Approval!

I just applied for the Ink Business Unlimited Credit Card.

Why I Lowered the Credit Limit on my Chase Card

I just got off the phone with Chase card services. I called to lower the credit limit on my United Explorer Business Card. I am gearing up to apply for another Chase credit card, and this is a step to prepare for my next application.

If you keep up with the blog, you'll remember I'm in the midst of a plan to rake in as many Chase bonuses as I can before they decide they've had enough of me.

New Southwest Business Card with 80k Bonus

The brand new Chase Southwest Rapid Rewards Performance Business Credit Card is exciting. Its benefits package is loaded, the 80,000 point bonus is huge, and it makes getting a Companion Pass easy.

If you are eligible to open a business card, keep reading. If you're not sure you're eligible, don't move on so fast. Read the linked post and make sure whether you're eligible or not, because ignoring business credit cards leaves a lot of bonus miles and points on the table. You don't need employees nor even an Employee Identification Number to be eligible.

Reader Question: Chase Travel Portal or Transfer to Airline Miles?

Last week I wrote about how and why you'd to want transfer Ultimate Rewards between accounts. If you haven't read it yet, stop and read before continuing with this post.