Chase Sapphire Reserve Cutting Sign-up Bonus In Half

Chase Sapphire Reserve credit card is decreasing its generous sign-up bonus.

Currently customers can snag 100,000 bonus points after spending $4,000 in the first three months of owning the card. But starting January 12, Chase will cut that enticing bonus in half, designating January 11, as the last day to apply online for the offer. For many customers, the massive sign-up bonus was a huge draw, worth at least $1,500 in airfare, hotels, car rentals and cruises when redeemed through Chase Ultimate rewards. Starting next week, the 50,000 sign-up bonus points will equal about $750 in rewards travel. Some speculate that Chase is reducing the sign-up bonus due to the high expense of paying out rewards to customers. When the card came out in August, it proved so popular with consumers that Chase ran out of the original metal Sapphire cards and had to issue plastic ones instead. To get more in depth information on Chase Sapphire Reserve cutting sign-up bonus in half click on the pictures below to read the articles.