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The launch of the Chase Sapphire Reserve last year was one of the most-hyped events in the miles and points world. With an insanely lucrative bonus of 100,000 Ultimate Rewards points, Chase had so many sign ups for the card that they outpaced their supply of metal for manufacturing them.
One of the features that had been missing from the Chase Sapphire Reserve was the ability to refer friends. Many other Chase cards offer bonus points to a cardholder if they refer someone for a product. But now that has changed!
Chase launches Sapphire Reserve referral site
If you have a Chase Sapphire Reserve card and are fanatical about its benefits and have friends that are interested in it as well, you can now
Rather than use the typical chase refer a friend site, Chase has a dedicated page for Chase Sapphire Reserve referrals. Straight from Chase’s page regarding the referral:
- INVITE YOUR FRIENDS. It’s quick and simple to refer friends via Facebook, Twitter, email or your personalized link. In order to start the invitation process, please provide the required information and click “Get Started”.
- SHARE THE REWARDS. Each friend will receive an offer for 50,000 bonus points after they spend $4,000 on purchases in the first 3 months from account opening.
- REWARD YOURSELF. Receive up to 50,000 bonus points per year. You can get 10,000 bonus points for each friend who gets the card. 50,000 points is the most you can earn for all Chase Sapphire Reserve referrals per year.
Just like the Chase Sapphire Preferred, the annual maximum you can earn from referrals is 50,000 points. You could obviously refer more, but you won’t receive bonus points beyond this max.
The offer your friend receives is the same as the current public offer, so there is no loss for them either. Just remind them that the card comes with a $450 annual fee. But also a $300 travel credit and all kinds of other perks. Even with all that, I’ve made the case that the annual fee might not be worth it. But I’ve also considered upgrading my Sapphire Preferred to a Reserve as well.
The terms state that it takes up to 8 weeks to receive the points. I’ve found that my Ultimate Rewards account is typically aware of each bonus within 10-14 days of when someone was approved, and then they post during the next statement.
Refer your friends
I am sure that many of you also have Chase Sapphire Reserve cards and have the ability to refer friends. My Chase Sapphire Reserve refer a friend link is here. Rather than posting your Chase Sapphire Reserve refer a friend links here, head over to our Points With a Crew free miles and points Facebook group. We’ll have a thread there where you can post your links and do your best salesman to convince people why they should use YOUR link 🙂
The ability to make 50,000 UR per year referring friends for the Chase Sapphire Reserve is definitely a plus. Hope you can take advantage of this offer if you have any friends interested in this great card!
H/T: Miles to Memories