i had no idea this credit card existed but it’s awesome
If you think that a credit card paying you to use it seems like a scam that’s good, you’re skeptical of the right things. There are millions of scams floating around cyber space but this isn’t one of them. After using my lone USAA Visa credit card for over a decade I finally added the perfect credit card to the front slot of my wallet.
The Chase Saphire Reserve is THE card for active duty military families. I wish I would have swithched in 2016 when Chase first started waiving the annual fee for military but I’m pretty slow to embrace change. I was the last of my friends to get a smart-phone, really slow to jump on the Instagram bandwagon and basically had to have a friend stage an intervention to connect my van’s bluetooth.
When I first saw other military spouses raving about this card on Facebook I was super skeptical. I did a ton of research. Like, total overkill amount of research and finally took the plunge in January right before I knew I had buy some pricey plane tickets. I can absolutely report that this card is 100% legit and has some major benefits.
The Chase Saphire Reserve has no annual fee for military
The Chase Saphire Reserve card is normally $450 per year. Yikes! Luckily, thanks to the Military Lending Act, Chase waives this fee for active duty and their spouses.
I wasn’t quite sure how this would play out when I signed up for the card. Would I be reimburrsed? Would I have to fight with Chase to get my money back the same way I fight with the appointment line to get a doctor to see me about my broken finger? I was geared up for the worst but as it turns out they just cross reference the military members social security number with some sort of database and charge you zero fees. I signed up online, got our cards in the mail two days later and paid zero dollars. Awesome.
The Chase Saphire Reserve offers you $300 in travel credit aka free money.
Every year you’ll get $300 in travel credit. This is the part where the card pays you $300! Remember, so far I haven’t spent a dime for this card. Once my cards arrived I booked plane tickets for our summer trip home to see family. Chase deducted $300 from that purchase immediatly.
If you aren’t planning any plane rides that’s fine. Chase is very lenient on what it includes as trarvel expenses. On their website as follows:
“Merchants in the travel category include airlines, hotels, motels, timeshares, campgrounds, car rental agencies, cruise lines, travel agencies, discount travel sites, and operators of passenger trains, buses, taxis, limousines, ferries, toll bridges and highways, and parking lots and garages.”
Card Holders Get Free Priority Pass Lounge Membership
I haven’t used this benefit yet but I plan to. If your family travels frequently or the active duty member of your family goes TDY frequently this benefit is awesome. You get access to more than 1200 Priority Pass lounges worldwide where you can relax with more privacy, less germs, free wifi and beverages. You can check them out at https://www.prioritypass.com
You can skip the lines with a credit for $100 for Global
entry or TSA precheck.
Getting through customs or airport security is seriously the worst. Trying to wrangle kids in a mile long line is not good times. You can use your Chase Sapphire Reserve to apply for either Global Entry or TSA PreCheck and make your trip a little easier. You’ll get the application fee waived up to $100 when using the CSR to pay for either program.
Chase Saphire Reserve offers Ultimate Rewards Points
In the same way that USAA or most other credit cards have a points system so does Chase. If you spend $4,000 in the first 3 months of opening your account you will be awarded 50,000 rewards points. If your monthly expenses are more than $1400, which they probably are, (thanks Costco) then charge them and get this benefit.
I opened my account in January and now, just two months later, have 60,000 points in my account. This is equal to $750 in travel credit which I can use for a rental car on our big summer trip.
The two reasons you shouldn’t get this card
#1 if you won’t pay it off each month. I am 100% against debt so if you aren’t able to keep up with payments on time every month don’t get this or any other credit cards. The interest is steep so you are better off using only debit cards or a cash envelope system.
#2 If you don’t travel at all. The main reason this card is with switching to is the $300 credit Chase gives you for travel related expenses. So if you don’t use any travel related merchants listed above then it might not be worth the switch.
The Chase Saphire Reserve is much better for our family than our USAA credit card
I wish I had gotten The Chase Saphire Reserve sooner and will absolutly be telling all my Military spouse friends to sign up too. It seriously pays me $300 every year for doing the same thing I was doing before. There are even more benefits that I haven’t mentioned or tried but really, they had me at $300.