Chase Sapphire Card Review: A Credit Card For The High Roller In You

So are there any negatives to this card? Why does this post sound suspiciously like paid advertising? Just curious….

The card is too new to know the specifics of custom service, how they will reprice you, and their approval criteria. As for paid advertising, it is not. We just thought it was an interesting product aimed at the high end market. If you have some negatives, please share.

Seems like a cheap black card, although far more attainable to Joe Blow which is cool. Thanks for the info.

You have to have a tier-1 credit rating (anything above 744 or something like that) to get approved. EVEN IF your credit score is 737, your mortgage is with Chase, and you’ve never missed or were late on a payment, have $0 credit card debt, and make $65K per year - you’re not going to get this card.
TOO BAD I really wanted it - the actual card looks freaking awesome, it’s soo thin and sexy

The international transaction fee is 3%. This looks like the card for high rollers without a passport.

i just called chase customer service and converted an unused $25k chase/wamu (providian) credit card line to this product. you can pick sapphire visa or mc. i picked visa since my other chase card is an mc. there was no charge to do this and my credit line was maintained at $25k. the card will arrive in 5 days. i wanted to review the card details and try it along with my amex platinum for a year.

Does this card work anywhere Mastercard / Visa are accepted? Where can you use it?

Chase has arguably the worst relationship with its cardholders of any of the major credit card issuers–particularly with their A list customers.

There’s a class action lawsuit going on right now because Chase decided late last year that anyone who they had offered a low interest rate in perpetuity balance transfer (which they apparently offered to 600,000 customers with FICO scores over 750) would need to increase their minimum monthly payment from 2 to 5 percent, plus pay a new monthly fee of $10–and that includes customers which had lived up to all the terms of the transfer offer and had never had a late payment. Of course if any customer were concerned about coming up with triple the monthly payment, Chase would allow them to maintain the minimum 2 percent payment–but that would require a tripling of the customer’s interest rate.

Those terms have been considered widely as a form of extortion. Citi, BofA and the other major issuers didn’t follow Chase on this deal–and of course American Express customer service is superb. For me, it seems amazing that Chase is trying to enter the high end credit card market right after a major attempt at sticking it to a large percentage of their most credit worthy customers. Personally, I’ll pass on this new card–and on ANY new business with Chase.

I recently upgraded to the sapphire from my standard chase card. Line was maintained; interest rate dropped to 6.74%. Pretty solid if you ask me. Experienced some fraud due to online use in the first week of having the card, and customer service was OUTSTANDING. They took care of everything. Very professional. The other amazing things is that if you call the secret number on the card, you speak to a person on ring number 2. no machine answering; no annoying prompts; no ridiculous CSR rep from India; no hastle. I highly recommend this card, if you can qualify for it.

I just got this card the other day, I must admit that the commercials did pique my interest. However, the customer service has been great, and I haven’t had any issues so far. I do have great credit, so I was able to get approved for this card.

I’ve had the Chase Sapphire for about 2 months. Good customer service, decent rates. I can’t complain.

We were just converted from a Chase Freedom Visa to this card without being given a choice. We used to have 1% cash rewards on any purchase and 3% on the top 3 spending categories (groceries, gas, utilities, etc.). The first has been converted to 1 point per dollar, the second is gone. We have excellent credit history and we do travel a lot, but their perk of 2 pts. per dollar when using their rewards reservation website is useless if the best fares reported by kayak.com are not there. Between our Discover and Cash Rebate AmEx cards that offer frequently 5% bonus opportunities without having to go through their website to shop, we will probably not use Chase Sapphire Visa as much. So from us, two thumbs down… We’ll keep it just because some vendors don’t accept Discover or AmEx yet…