Advertiser disclosure: Cards and Points has partnered with CardRatings for our coverage of credit card products. Cards and Points and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers. Compensation may affect how and where card products appear on the site. The site does not include all card companies or all available offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Terms apply to all credit card benefits.
June 26, 2024: The recent limited-time Chase Sapphire Reserve® welcome offer has ended. We’ve confirmed that the bonus is back to 60k points across all channels—in-branch, online, and referrals are all now showing the same offer.
Here’s what you need to know about the current Chase Sapphire Reserve new cardmember bonus.
Best sign up bonus offer: 60k Chase Sapphire Reserve® new cardmember bonus
Chase is currently offering a 60,000 point sign-up bonus on the Chase Sapphire Reserve®. This bonus is available through online channels as well as in-branch.
Learn how to apply.
Annual fee: annual_fees
Chase Sapphire Reserve® sign-up bonus
bonus_miles_full
Business as usual welcome bonus.
More about this card
Benefit highlights:
$300 annual travel credit.
Complimentary airport lounge access.
Best-in-class travel insurance protections.
No foreign transaction fees.
Purchase protection.
Return protection.
Extended warranty.
Rewards:
10x on hotel stays purchased through Chase Travel℠
5x on flights purchased through Chase Travel℠
3x at restaurants, including eligible takeout and delivery services.
3x on other travel, worldwide.
1x on other purchases
Rewards are earned as Ultimate Rewards® points.
Learn more:
Learn more about Chase Ultimate Rewards®.
See the best Ultimate Rewards welcome bonuses.
In-branch offer matches the online offer.
While Chase sometimes offers in-branch exclusive welcome bonuses on the Chase Sapphire Reserve®, as of June 26, 2024, Chase was offering the same welcome offer on the Sapphire Reserve in-branch as you’ll see online.
Referral bonus: Sometimes better bonuses are available through referral links
When Chase offers a limited-time increased welcome bonus online, it will usually allow current customers to refer a friend to the same welcome bonus. These referral links tend to show the limited-time offer for about a week after the public offer ends.
As of June 25, 2024, all previously-generated referral links are no longer showing the increased offer and will show this card’s “business as usual” offer.
When you can get a higher bonus through our referral links, we will show our referral links on this page. Right now, our referral links show the same offer as the Chase website and our affiliate links.
The best ways to use the Chase Sapphire Reserve® bonus points
The Chase Sapphire Reserve® gives you direct access to some of the best Ultimate Rewards® redemption options available. The card lets you use your points through Chase Travel℠ and get 50% better than cash back value or transfer them to Chase’s travel transfer partners. Here are the best ways to use your Ultimate Rewards.
- Cash back. You can always use Ultimate Rewards® points for cash back redemptions. You’ll get 1 cent per point for cash back redemptions on any Ultimate Rewards credit card.
- Options available with premium cards. If you hold a premium Ultimate Rewards card, you can a few additional options for using your points. Premium Ultimate Rewards cards include the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, and Ink Business Preferred® Credit Card. You can also use the points you earn on your no-annual-fee card for these premium redemption options if you first transfer your points to your premium card.
- Travel through Chase Travel℠. Premium Ultimate Rewards cards offer increased value when you use your points to book travel through Chase Travel℠. You get 25% more value for bookings through Chase Tavel with the Sapphire Preferred or Ink Preferred. And you’ll get 50% more value for bookings made through the Sapphire Reserve card.
- Transfers to airline and hotel partners. All of the Premium Ultimate Rewards cards offer point transfers to travel partners. Transfers to partners offer the opportunity to get outsized value for your points through luxury travel redemptions. Our favorite Ultimate Rewards® transfer partners include Air Canada Aeroplan, Air France/KLM Flying Blue, British Airways Avios, United Mileage Plus, Virgin Atlantic Flying Club, and World of Hyatt.
My take on the current Sapphire Reserve® welcome bonus
The best bonus we’ve seen on the Chase Sapphire Reserve® since 2022 just ended. That said, we probably won’t see a large Sapphire Reserve bonus for at least a couple of months—Chase tends to go at least a month before offering increased welcome bonuses again.
The 60k Sapphire Reserve welcome bonus is nice perk if you’re looking to get a Sapphire Reserve card. But if you just want Ultimate Rewards, consider the Ink Business Cash® Credit Card, Ink Business Preferred® Credit Card, or Ink Business Unlimited® Credit Card cards. Those cards all offer large bonuses that put them at the top of our best Ultimate Rewards welcome bonuses.
If you’ve had this card or the Chase Sapphire Preferred® Card before, be sure to take a peek at the rules around earning Chase Sapphire welcome bonuses.
Verdict: This is the business-as-usual Sapphire Reserve bonus. We likely won’t see another increased offer online for at least a few months.
Learn how to apply.
Annual fee: annual_fees
Chase Sapphire Reserve® sign-up bonus
bonus_miles_full
Business as usual welcome bonus.
More about this card
Benefit highlights:
$300 annual travel credit.
Complimentary airport lounge access.
Best-in-class travel insurance protections.
No foreign transaction fees.
Purchase protection.
Return protection.
Extended warranty.
Rewards:
10x on hotel stays purchased through Chase Travel℠
5x on flights purchased through Chase Travel℠
3x at restaurants, including eligible takeout and delivery services.
3x on other travel, worldwide.
1x on other purchases
Rewards are earned as Ultimate Rewards® points.
Learn more:
Learn more about Chase Ultimate Rewards®.
See the best Ultimate Rewards welcome bonuses.
A few notes on applying for Chase cards
- 5/24 rule. Chase generally won’t approve you if your credit report is showing 5 or more new credit card accounts opened in the last 24 months. This rule is knows as the 5/24 rule. If you’re unsure if you are “under 5/24” you should check your 5/24 status before applying for a Chase card. Note that recently this rule seems to have softened, especially for Ink cards. See our coverage about Chase 5/24 for more.
- Only one Sapphire-branded card. You can only hold one Chase Sapphire-branded card at a time. This means you can have either a Chase Sapphire Preferred® Card or a Chase Sapphire Reserve®, but not both.
- You can get a welcome bonus on a Chase card, even if you’ve had the card previously. How often you can earn a welcome bonus on a Chase card varies by card family.
- Most cards allow you to earn a welcome bonus if it has been at least 24 months since your last received a welcome bonus on the same card.
- Chase Sapphire-branded cards, such as the Chase Sapphire Preferred® Card and Chase Sapphire Reserve®, you can only earn a welcome bonus once every 48 months. (We published a separate article to help you determine if you can get a Sapphire welcome bonus.)
- Marriott cards have their own special rules.
- Chase will match an increased bonus. If you apply for a Chase card and the bank offers a higher bonus within 90 days, you can send Chase a secure message or call them to have your welcome offer matched.
- In-branch offers are sometimes better. Chase sometimes has better credit card welcome offers in-branch than it will publish on its own website or through affiliate networks. Check all channels to make sure you’re getting the best bonus.
- Chase business cards do not report to personal credit reports and do not impact your 5/24 status as long as they are current.
Other ways to get Ultimate Rewards® points
Getting a new Chase Sapphire Reserve® isn’t the only way to earn Ultimate Rewards® points. Several other personal and small business cards earn Ultimate Rewards, and the Chase Ink-branded cards in particular offer incredibly generous welcome bonuses on cards with no annual fee. And Ultimate Rewards you earn on another card can be transferred to your Sapphire Reserve.
We continuously updated our list of the best Ultimate Rewards welcome bonuses. Bookmark that list of you want to earn Ultimate Rewards points.
Frequently asked questions
Can I transfer points to airlines with the Chase Sapphire Reserve®?
Yes. The three premium cards that enable point transfers to airlines and hotels are the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, and Ink Business Preferred® Credit Card.
How do I get the 100,000 point welcome bonus on the Sapphire® Reserve?
The Chase Sapphire Reserve® offered a 100k welcome bonus upon its launch. We haven’t seen a bonus that high on the Sapphire Reserve in many years and a bonus that large is unlikely to return.
Will the Chase Sapphire Reserve® get me into airport lounges?
The Sapphire Reserve comes with Priority Pass lounge access, plus you can get access to Chase’s own network of lounges, marketed as Chase Sapphire Lounge by The Club. We have an article on all of the credit cards offering airport lounge access that might be useful to learn more.
Can I get the Chase Sapphire Reserve® bonus more than once?
If you’ve had either the Chase Sapphire Reserve® or Chase Sapphire Preferred® in the past, you may be eligible to earn another welcome bonus. To earn a welcome bonus on the Chase Sapphire Reserve card, you must not have received a welcome bonus on any Sapphire card in the last 48 months and you must not hold any Sapphire-branded card. See our overview of the Sapphire welcome bonus rules for more.
Read more about the Chase Sapphire Reserve® card
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Advertiser disclosure: Cards and Points has partnered with CardRatings for our coverage of credit card products. Cards and Points and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers. Compensation may affect how and where card products appear on the site. The site does not include all card companies or all available offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Terms apply to all credit card benefits.
