Some Chase Sapphire Reserve cardholders have received an e-mail from Chase informing them that the timing of their travel credit will be changing. For example:
- Like in years past your $300 annual travel credit will reset in
December and you will start to receive statement credits for
travel purchases. - On December 30, 2024, any unused portion of your $300 credit
will be applied to your account as a statement credit. - Starting in 2025, your $300 travel credit will then reset annually on
and you will start receiving statement credits up to $300 for your travel purchases. - All other rewards program terms continue to apply.
If you’ve applied since May 21, 2017 this will not affect you at all as you already receive the credit based on your cardmember year rather than calendar year. People who applied before that date had a grandfathered credit and will be in line with all other cardholders.
This change is only for grandfathered CSR members who get the travel credit based on the calendar year. Those who signed up since May 21, 2017, get the credit based on the cardmember year. For them, there are no changes at all.