Chase is targeted some Sapphire Reserve Card Members who also have a Chase checking account, with an offer to earn 50,000 Ultimate Rewards for upgrading to Chase Private Client. The offer was sent by mail and apparently it’s not possible to get, unless you directly received it. Not even Private Client bankers can do anything about it.
50K CPC Offer
Earn 50,000 Sapphire Reserve Ultimate Rewards bonus points when you:
- Upgrade your account by bringing this letter with your Upgrade Code to a Private Client Banker by December 2, 2017
- Begin your relationship with a deposit of at least $100,000 in new money to your upgraded checking account within 10 business days, and maintain at least a $100,000 balance for 90 days
- Must upgrade to CPC by December 2, 2017
- Current Chase Private Clients are not eligible
This is a targeted offer, but it is an interesting one that I don;t think we have seen in the past. Chase is targeting clients who have a Sapphire Reserve Card and checking account. Even if you were targeted, you will need to deposit $100K in the upgraded account and keep it there for 3 months. That’s not an easy requirement for everyone. But, if you have that kind of money handy, it should be worth the trouble, even with the interest you’ll be forfeiting.
Let me know if you were targeted and if you’re planning to go for it.