Chase Offers Up to $400 Credits to Retain Sapphire Reserve Cardholders

Overview

• Some cardholders report statement credits of $100, $300, or $400 to keep the card, often with no spending requirement.
• Many others receive no offer at all, highlighting that outcomes vary widely and are not guaranteed.
• Multiple datapoints suggest offers are generated on an account-specific basis, according to representatives who can only see what is available on each account.
• Calling after the fee posts yet before the 30-day refund window closes has produced more successes, while high spend or long tenure has not reliably helped.
• The retention activity follows a contentious midyear refresh with a higher annual fee and fast benefit changes, which observers say signals ongoing recalibration of the product.