In the 2011/2012 season, Cue Card raced in Novice chases. His two wins of the season came at Chepstow Racecourse in October, and at Newbury Racecourse in December when he won the Halloe'en Trophy by four lengths. He was beaten a short head when attempting to concede seven pounds to Bobs Worth in the Berkshire Novices' Chase and finished second to Sprinter Sacre in the Arkle Challenge Trophy. Cue Card began his next season in the Grade II Haldon Gold Cup at Exeter Racecourse. Competing against more experienced chasers he started the 5/6 favourite and won impressively by twenty-six lengths. He was then moved up in class and distance for the King George VI Chase at Kempton Park Racecourse on Boxing Day, but after making mistakes at the first two fences he tired in the closing stages and finished fifth behind Long Run. In February, Cue Card won the Grade I Ascot Chase, beating Captain Chris by six lengths: he led for most of the race and was never in danger of defeat after the runner-up made a "terrible blunder" at the final fence. At the Cheltenham Festival, Tizzard opted to run Cue Card in the two and a half mile Ryanair Chase, rather than taking on Sprinter Sacre in the two mile Queen Mother Champion Chase. Starting at odds of 7/2, Cue Card led from the start and won by nine lengths from the Irish-trained favourite First Lieutenant. On his final appearance of the season, Cue Card finished four and a half lengths second to Sprinter Sacre in the Melling Chase at Aintree. On Cue Card's first appearance of the new season he was made odd-on favourite to repeat his 2012 win in the Haldon Gold Cup. Carrying top weight of 164 pounds he finished third behind Somersby, a Grade I winner who was carrying 147. On 23 November, Cue Card contested an exceptionally strong renewal of the Betfair Chase at Haydock Park and started at odds of 9/1 against a field which included Bobs Worth, Long Run, Tidal Bay and Silviniaco Conti. He took the lead at the fourth fence and was never headed, turning back the challenges of Silviniaco Conti and Dynaste before drawing away in the final stages to win by four and a half lengths. After the race, Joe Tizzard called the winner "a real Gold Cup horse", while a visibly emotional Colin Tizzard said "Cue Card jumped better than he ever has.