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Chase just overhauled the Chase Sapphire Reserve® (Rates & Fees) — and it's launching an unprecedented bonus to celebrate. For a limited time, new cardholders can earn 100,000 bonus points + $500 Chase Travel℠ promo credit after you spend $5,000 on purchases in the first 3 months from account opening.
Chase hasn’t offered a 100,000-point bonus on this card since its original launch in 2016, and the addition of the $500 Chase Travel credit makes this the best offer ever on this card.
Beyond the bonus, the Sapphire Reserve delivers top-notch travel protection, the most flexible travel credit of any premium card, and excellent earning and redemption rates. When you add the card’s powerful new travel and lifestyle credits and the new Points Boost option, the Sapphire Reserve is making a strong case to be the best premium travel card on the market.
Here’s a full look at what’s new — and why now is the perfect time to apply.
- Earn 100,000 bonus points + $500 Chase Travel℠ promo credit after you spend $5,000 on purchases in the first 3 months from account opening.
- Get more than $2,700 in annual value with Sapphire Reserve.
- Earn 8x points on all purchases through Chase Travel℠, including The Edit℠ and 4x points on flights and hotels booked direct. Plus, earn 3x points on dining worldwide & 1x points on all other purchases
- $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
- Access over 1,300 airport lounges worldwide with a complimentary Priority Pass™ Select membership, plus every Chase Sapphire Lounge® by The Club with two guests. Plus, up to $120 towards Global Entry, NEXUS, or TSA PreCheck® every 4 years
- Get up to $150 in statement credits every six months for a maximum of $300 annually for dining at restaurants that are part of Sapphire Reserve Exclusive Tables.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance, no foreign transaction fees, and more.
- Get complimentary Apple TV+, the exclusive streaming home of Apple Originals. Plus Apple Music - all the music you love, across all your devices. Subscriptions run through 6/22/27 - a value of $250 annually
- Member FDIC
- Rates & Fees
- 8x points on all purchases through Chase Travel℠
- 4x points on flights and hotels booked directly
- 3x points on dining worldwide
- 1x points on all other purchases
Page Contents
Sapphire Reserve Highlights and Key Benefits
The list of perks and benefits offered on the Sapphire Reserve is extensive, including numerous travel and purchase protections and a variety of travel-focused credits and benefits. We won’t go into the full details of each, but the card’s key highlights should tell you that it packs a punch:
Bonus earnings
- 8x on travel purchases booked through Chase Travel℠.
- 4x points on flights and hotels booked directly with the travel provider
- 3x on dining worldwide
- 5x points on Lyft rides through September 30, 2027.
- 10x points on Peloton equipment through December 31, 2027 (up to 50,000 points).
Travel benefits
- $300 annual travel credit: redeemable for almost any travel expense each card member year.
- $500 annual hotel credit ($250 from January to June and $250 from July to December) for prepaid hotel bookings made through The Edit℠. Two-night minimum required.
- Priority Pass Select lounge membership.
- Chase Sapphire Lounge access.
- IHG One Rewards Platinum Elite status through December 31, 2027.
- Global Entry, TSA PreCheck, or NEXUS application fee: up to $120 credit every four years.
Valuable lifestyle credits and perks
- $300 in annual dining credit ($150 from January to June and $150 from July to December) at restaurants part of the Sapphire Reserve Exclusive Tables.
- $300 in annual StubHub credits ($150 from January to June and $150 from July to December) through December 31, 2027.
- Free Apple TV+ and Apple Music subscriptions: Get complimentary Apple TV+ and Apple Music through June 22, 2027.
- 12-month DashPass Membership: Get a complimentary DashPass membership for 12 months, activate by December 31, 2027.
- Up to $300 in annual DoorDash credits: Get up to $25 in monthly credits for DoorDash — $5 per month for restaurant orders and two $10 monthly promos for groceries, retail orders, and more.
- Up to $120 in annual Lyft credits: Get up to $10 per month for Lyft rides through September 30, 2027.
- Up to $120 in annual Peloton credits: Get up to $10 per month for Peloton memberships through September 30, 2027.
Travel and shopping protections
- Primary collision damage waiver (CDW) insurance on car rentals worldwide, covering up to $75k for theft and collision damage.
- Trip delay reimbursement of up to $500 per ticket for delays of six hours or more.
- Trip cancellation and interruption insurance up to $20k per covered trip.
- Lost luggage reimbursement and baggage delay coverage.
- Extended warranty and purchase protection.
- Emergency evacuation and transportation, up to $100k.
- Purchase protection, return protection, and extended warranty protection.
- No foreign transaction fees.
Related: Chase Sapphire Reserve review
The Most Valuable Card for Redeeming Ultimate Rewards Points
We’ve made no secret of how valuable we think Ultimate Rewards cards can be for points and miles fans. Ultimate Rewards points transfer to 14 different airline and hotel partners, including Hyatt, United, Air Canada, Singapore Airlines, and British Airways.
Transferring points to partners can potentially get you the most value for your points. However, it’s not the only way to extract massive value from Ultimate Rewards points. Sapphire Reserve cardholders can get up to 2¢ per point of value from Ultimate Rewards when redeeming through Chase's new Points Boost redemption option.
That’s up to 100% more value than simply cashing out your points. And it’s a higher value than the Points Boost redemption rates on the Chase Sapphire Preferred® Card and Ink Business Preferred® Credit Card, which only return up to 1.75 cents per point (depending on your specific redemption). There's also the option to use Pay Yourself Back if the rotating categories and rates work for you.
You can also combine points earned across their entire portfolio of Ultimate Rewards cards into a single account. That makes it much easier to amass lots of points in your account for a redemption.
Chase Sapphire Reserve® Application Restrictions
Chase applies two different restrictions on applications for the Sapphire Reserve. The first is a well-known but unpublished rule known as the 5/24 policy. Essentially, if you’ve been approved for five or more credit cards (from any bank) in the past 24 months, it is highly unlikely you’ll be approved for the Sapphire Reserve.
The second rule states that you can’t get a Sapphire Reserve if you currently hold a Sapphire card or — in a new restriction — have previously held this card:
“The new cardmember bonus may not be available to you if you currently have any other personal Sapphire cards open, previously held this card or received a new cardmember bonus for this card. We may also consider the number of cards you have opened and closed, as well as other factors in determining your bonus eligibility.”
Not sure if you qualify? Chase now displays an eligibility pop-up during the application process. If you aren’t eligible for the bonus, you’ll see an alert and can choose to cancel your application — avoiding a ding on your credit report. This makes it risk-free to fill out an application even if you’re unsure about your bonus eligibility.
Related: Understanding Rewards Credit Card Application Rules and Restrictions
Our Take
The revamped Chase Sapphire Reserve® is now offering its highest-ever bonus: 100,000 bonus points + $500 Chase Travel℠ promo credit after you spend $5,000 on purchases in the first 3 months from account opening. With boosted earning rates, new dining and entertainment credits, and best-in-class travel protections, the Sapphire Reserve remains one of the most valuable cards for frequent travelers.
This offer likely won’t last long — Chase hasn’t offered 100k points on this card since 2016. If you’re eligible and have been considering the card, now is an excellent time to jump in.
- Earn 100,000 bonus points + $500 Chase Travel℠ promo credit after you spend $5,000 on purchases in the first 3 months from account opening.
- Get more than $2,700 in annual value with Sapphire Reserve.
- Earn 8x points on all purchases through Chase Travel℠, including The Edit℠ and 4x points on flights and hotels booked direct. Plus, earn 3x points on dining worldwide & 1x points on all other purchases
- $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
- Access over 1,300 airport lounges worldwide with a complimentary Priority Pass™ Select membership, plus every Chase Sapphire Lounge® by The Club with two guests. Plus, up to $120 towards Global Entry, NEXUS, or TSA PreCheck® every 4 years
- Get up to $150 in statement credits every six months for a maximum of $300 annually for dining at restaurants that are part of Sapphire Reserve Exclusive Tables.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance, no foreign transaction fees, and more.
- Get complimentary Apple TV+, the exclusive streaming home of Apple Originals. Plus Apple Music - all the music you love, across all your devices. Subscriptions run through 6/22/27 - a value of $250 annually
- Member FDIC
- Rates & Fees
- 8x points on all purchases through Chase Travel℠
- 4x points on flights and hotels booked directly
- 3x points on dining worldwide
- 1x points on all other purchases
For rates and fees of the cards mentioned in this post, please visit the following links: Chase Sapphire Reserve® (Rates & Fees)
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