The process of upgrading your Chase Sapphire Preferred Upgrade to Reserve is relatively straightforward. Here are the steps involved Read This Full Article on how you can do this in 2024.
Check your Eligibility.
You must have had the Chase Sapphire Preferred® Card for at least 12 months to be eligible for an upgrade. You can check your eligibility by logging into your Chase account and clicking on the “Credit Cards” tab.
Apply for the Upgrade.
You can apply for the upgrade online, by calling Chase customer service, or by visiting a Chase branch.
Wait for approval.
Once you have applied for the upgrade, Chase will review your account and will typically get back to you within a few weeks. If your request is approved, you will receive the new card in the mail within a few weeks.
Things to keep in mind when upgrading :
You will need to pay the annual fee for the Chase Sapphire Reserve® Card.
The annual fee for the Chase Sapphire Reserve® Card is $550, while the annual fee for the Chase Sapphire Preferred® Card is $95.
You will not be able to earn the welcome bonus for the Chase Sapphire Reserve® Card if you have already earned the welcome bonus for the Chase Sapphire Preferred® Card.
If you are unsure whether you should upgrade your card, you can call Chase customer service and ask them for help.
Here are some tips for upgrading your Chase Sapphire Preferred® Card to the Chase Sapphire Reserve® Card:
Make sure you have a good credit Score
Your credit score is the most important factor in determining whether you will be approved for the Chase Sapphire Reserve® Card.
Pay your credit card bills on time.
Your payment history is also important. You should have a history of making on-time payments to your credit card accounts.
Apply for the upgrade as soon as you are eligible.
You will be eligible to upgrade your card after you have had the Chase Sapphire Preferred® Card for at least 12 months.
Be patient.
It may take a few weeks for Chase to approve your request for an upgrade.
Eligibility To Upgrade Chase Sapphire preferred to reserve:
To be eligible for an upgrade from the Chase Sapphire Preferred® Card to the Chase Sapphire Reserve® Card, you must meet the following criteria:
- You must have had the Chase Sapphire Preferred® Card for at least 12 months.
- You must have good credit.
- You must be willing to pay the higher annual fee for the Chase Sapphire Reserve® Card ($550).
- You must not have already earned the welcome bonus for the Chase Sapphire Reserve® Card.
If you meet all of these criteria, you can apply for an upgrade online, by calling Chase customer service, or by visiting a Chase branch.
Tips for increasing your chances of being approved for an upgrade:
Make sure you have good credit.
Your credit score is the most important factor in determining whether you will be approved for the Chase Sapphire Reserve® Card.
Pay your credit card bills on time.
Your payment history is also important. You should have a history of making on-time payments to your credit card accounts.
Use your Chase Sapphire Preferred® Card regularly.
This will show Chase that you are a responsible cardholder and that you are likely to use the Chase Sapphire Reserve® Card if you are approved for an upgrade.
Apply for the upgrade as soon as you are eligible.
The longer you wait to apply, the more likely it is that your credit score will change, which could make you ineligible for an upgrade.
What are The Benefits of Upgrading?
Here are some of the benefits of upgrading your Chase Sapphire Preferred® Card to the Chase Sapphire Reserve® Card:
Higher welcome bonus:
You will earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Travel benefits:
You will receive a $300 annual travel credit, a $100 Global Entry or TSA PreCheck credit, and DoorDash DashPass membership.
Other benefits:
You will also earn 3x points on travel and dining, 1x points on all other purchases, and access to the Chase Sapphire Reserve® travel portal.
Increased credit limit:
Your credit limit may be increased when you upgrade your card.
Better customer service:
The Chase Sapphire Reserve® Card has a dedicated customer service line that is available 24/7.
Here is a table that compares the benefits of the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® Card:
| Benefit | Chase Sapphire Preferred® Card | Chase Sapphire Reserve® Card |
|---|---|---|
| Welcome bonus | 60,000 points after you spend $4,000 on purchases in the first 3 months from account opening | 60,000 points after you spend $4,000 on purchases in the first 3 months from account opening |
| Annual fee | $95 | $550 |
| Travel benefits | $50 annual credit for Global Entry or TSA PreCheck, no foreign transaction fees | $300 annual travel credit, $100 Global Entry or TSA PreCheck credit, DoorDash DashPass membership, no foreign transaction fees |
| Other benefits | 2x points on travel and dining, 1x points on all other purchases | 3x points on travel and dining, 1x points on all other purchases, access to the Chase Sapphire Reserve® travel portal |
| Credit limit | Up to $10,000 | Up to $50,000 |
| Customer service | 24/7 customer service | 24/7 customer service |
As you can see, the Chase Sapphire Reserve® Card offers a number of benefits that are not available with the Chase Sapphire Preferred® Card. However, it also has a higher annual fee. The decision of whether to upgrade your card is a personal one, and you should weigh the pros and cons carefully before making a decision.
How To Apply for the Upgrade Fast:
There are three ways to apply for an upgrade from the Chase Sapphire Preferred® Card to the Chase Sapphire Reserve® Card:
Online:
- Log in to your Chase account.
- Click on the “Credit Cards” tab.
- Select the “Chase Sapphire Preferred® Card” from the list of cards.
- Click on the “Upgrade Card” button.
- Select the “Chase Sapphire Reserve® Card” from the list of cards.
- Click on the “Upgrade Now” button.
- Follow the instructions on the screen to complete the upgrade.
By phone:
- Call Chase customer service at 1-800-432-3117.
- Provide your account information.
- Ask to upgrade your Chase Sapphire Preferred® Card to the Chase Sapphire Reserve® Card.
- Follow the instructions given by the customer service representative.
In-person:
- Visit a Chase branch.
- Bring your Chase Sapphire Preferred® Card and a valid form of ID.
- Ask a Chase banker to upgrade your card to the Chase Sapphire Reserve® Card.
Once you have applied for the upgrade, Chase will review your account and will typically get back to you within a few weeks. If your request is approved, you will receive the new card in the mail within a few weeks.
Hidden Charges After Upgrading:
There are no hidden charges to upgrade your Chase Sapphire Preferred® Card to the Chase Sapphire Reserve® Card. However, there are some things you should keep in mind before you upgrade.
The annual fee for the Chase Sapphire Reserve® Card is $550.
This is significantly higher than the annual fee for the Chase Sapphire Preferred® Card, which is $95.
You will not be able to earn the welcome bonus for the Chase Sapphire Reserve® Card if you have already earned the welcome bonus for the Chase Sapphire Preferred® Card.
Your credit limit may be reduced when you upgrade your card. This is because the Chase Sapphire Reserve® Card has a higher credit limit requirement than the Chase Sapphire Preferred® Card.
If you are considering upgrading your card, I recommend that you do your research and make sure that it is the right card for you. You can compare the two cards to see which one offers the best benefits for your needs.
Do You Need A Upgrade?
If You Cannot Decide Whether To Upgrade or not, Here are some of the Factors that might hwlp You Choose:
Consider your spending habits.
If you spend a lot of money on travel and dining, the Chase Sapphire Reserve® Card may be a good fit for you.
Think about your annual fee tolerance.
If you are not comfortable paying a high annual fee, the Chase Sapphire Preferred® Card may be a better option for you.
Consider the welcome bonus.
If you have not yet earned the welcome bonus for the Chase Sapphire Reserve® Card, you may want to consider upgrading your card in order to earn the bonus.
Ultimately, the decision of whether to upgrade your Chase Sapphire Preferred® Card to the Chase Sapphire Reserve® Card is a personal one. You should weigh the pros and cons carefully before making a decision.