[Last Chance! Ends by 9 AM EST on 6/15/2026] Best Ever 150,000 Point Bonus on Chase Sapphire Reserve®

We now know this offer will end by 9 AM EST on 6/15/2026.

When the Chase Sapphire Reserve® relaunched in the middle of 2025, the bonus offer was Earn 100,000 points and a $500 Chase Travel℠  credit, after spending $5,000 in the first three months.

Since August 22, 2025 (until today), the offer has been Earn 125,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening. And before that relaunch last summer, we hadn’t seen higher than 100,000 points.

So the new offer, available now, looks to me like a Best Ever Offer on this card.

Earn 150,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.

Chase Sapphire Reserve®

Learn How to Apply Card Details

🔔 Notify me of bonus offer changes

Chase Sapphire Reserve®

(4.5) Our Review

Our ratings are determined by the authors and editors on our team. Each individual card feature is compared against all other cards we offer and the total score is an average of those 4 ratings.

Annual Fee:

$795

⚠️Offer Ending Soon

Limited Time Offer:

Earn 150,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.

Last Chance! Ends by 9 AM EST on 6/15/2026

• Earns extremely valuable Chase Ultimate Rewards points
• Chase Sapphire Lounge by the Club and Priority Pass Select airport lounge access for you and 2 guests, including Priority Pass Experiences
• The potential for more than $3,000 in annual value in benefits and statement credits.

• Earns extremely valuable Chase Ultimate Rewards points
• Chase Sapphire Lounge by the Club and Priority Pass Select airport lounge access for you and 2 guests, including Priority Pass Experiences
• The potential for more than $3,000 in annual value in benefits and statement credits.

Pros

• Aside from a $300 annual credit on travel, you'll earn up to 8X on all travel purchases made via Chase Travel℠
• Chase Sapphire Lounge by the Club and Priority Pass Select airport lounge access for you and 2 guests, including Priority Pass Experiences
• The potential for more than $3,000 in annual value in benefits and statement credits.

Cons

• High annual fee
• Not as many bonus categories as some other cards
• If booking travel directly (rather than via Chase Travel℠), 4X bonus categories are limited to Airfare and Hotels booked directly but not all travel.

Annual Fee: $795

Foreign Transaction Fee: 0%

Min Credit Score: Excellent (800-850) *

The Sapphire Reserve, Sapphire Preferred, Chase Sapphire Reserve for Business, and Ink Preferred all have the ability to transfer to airline and hotel partners. We use an average value that you can expect to get by utilizing your points for these transfer partners.

In the Chase Travel℠ portal, Points Boost allows you to redeem for airfare or hotels with point values ranging from 1.5 – 2 cents depending on cabin class or hotel. Specific flights and hotels that appear in Point Boost vary.

If you do not have at least one of these cards, Ultimate Rewards are worth exactly 1 cent per point.

You can also read our Guide to Chase Ultimate Rewards points.

Point Value:

$0.01-$0.0175

APR: 19.49%-27.99% (Variable)

Balance transfer fees: Either $5 or 5% of the amount of each transfer, whichever is greater.

• 4x-8x

  Airfare

  
  8X only applies to bookings made via Chase Travel℠. Otherwise earn 4X points per dollar if booked directly with the airline. Bookings via any other channel earn 1X.
• 4x-8x

  Hotels

  
  8X only applies to bookings made via Chase Travel℠. Otherwise earn 4X points per dollar if booked directly with the hotel. Bookings via any other channel earn 1X.
• 3x

  Dining Out / Food Delivery

  
• 1x-8x

  Car Rentals

  
  Only applies to bookings made via Chase Travel℠. Otherwise earn 1X.
• 1x

  Everything Else

We also have more clarity on the eligibility rules for this card which are simple, despite excluding many.

If you have never had a Chase Sapphire Reserve® card, you are eligible for this bonus. Having or having had the Chase Sapphire Preferred® Card will not disqualify you for this offer.

So, if you’ve never been tempted to apply for the Chase Sapphire Reserve® in the past but have been intrigued by the refresh, they’ve got 150,000 bonus points with your name in it to give it a try. I value that at over $2,200 worth of Chase Ultimate Rewards® points using our valuation of 1.75 cents per point.

This is probably also a good time to remind you of the card bonus categories and the benefits since the refresh:

Chase Sapphire Reserve Earn Rates

• 8X points on all Chase Travel purchases, replacing 5x points on flights and 10x points on hotels and car rentals booked through Chase Travel
• 4X points on flights and hotels booked direct, replacing 3x points on all travel
• 3X points on dining
• 5X points on Lyft rides through 9/30/27
• 1X points on everything else

Chase Sapphire Reserve Benefits and Statement Credits

Complimentary access to Chase Sapphire Lounges by The Club and 1,300+ Priority Pass™ airport lounges worldwide with up to two guests.

IHG Platinum Status automatically through December 31, 2027. Activation is required by linking IHG One Rewards membership on Chase.com or the Chase mobile app.

• $500 annual The Edit credit – Chase Travel’s collection of over 1,100 hand-picked hotels and resorts (Bi-annual credits of $250; Jan-June and July-Dec)
• 2026 ONLY – $250 credit for select Chase Travel Hotels: Get up to $250 in statement credits through 12/31/26 on prepaid Chase Travel hotel bookings for stays with IHG Hotels & Resorts, Montage Hotels & Resorts, Pendry Hotels & Resorts, Omni Hotels & Resorts, Virgin Hotels, Minor Hotels, and Pan Pacific Hotels and Resorts. Two-night minimum required. Purchases that qualify will not earn points.
• $300 annual travel credit (unchanged)
• Up to a $120 Global Entry, TSA PreCheck^®, or NEXUS fee credit every four years
• A new $300 annual dining credit and primetime reservations at Sapphire Reserve Exclusive Tables, available for booking on OpenTable. This is in the form of two bi-annual $150 statement credits (Jan-June and July–Dec) and will be automatically applied when you use your Sapphire Reserve to pay for a designated “Exclusive Table” on OpenTable.
• $250 annual value through complimentary subscriptions to Apple TV+ and Apple Music: Get complimentary Apple TV+ and Apple Music – a value of $250 annually. One-time activation is required (per service – need to activate Apple TV+ and Apple Music separately) on chase.com or on the Chase Mobile app.
• $300 annual StubHub / viagogo credit on concert and event tickets: Get up to $150 in statement credits from January through June and up to $150 in statement credits from July through December for a maximum of $300 annually for StubHub and viagogo purchases. Activation required.
• $120 in annual Lyft in-app credits, up to $10 monthly, plus 5x total points on eligible Lyft rides
• $300 annually in monthly DoorDash promos and complimentary DashPass membership worth $120 The $300 in annual credits is broken down as $5 a month towards a dining order and 2 X $10 a month for groceries, beauty, electronics, etc.
• Up to $120 in annual statement credits toward Peloton memberships. That’s $10 per month on eligible Peloton All-Access Membership, Rental, App+, Guide, App One and Strength+ memberships through 12/31/27. Activation required.

If You Spend $75,000 in a Calendar Year

Cardmembers can earn additional status and credits after spending $75,000 each calendar year:

• IHG One Rewards Diamond Elite Status good for the year earned and the following year.
• Southwest Airlines® A-List Status for the year earned and the following year and a $500 Southwest Airlines credit when booked through Chase Travel.
• $250 credit to The Shops at Chase, a new online shopping experience designed exclusively for cardmembers allowing them to shop for brands including Dyson, Sony, Therabody and Tumi, with rotating promotions.

Keep in mind that on the redemption side, you can transfer to the following airline and hotel transfer partners:

Otherwise, in addition to less lucrative non-travel redemptions, you can redeem via Chase Travel at up to 2 cents per point using Points Boost. (In fact, last week we saw a limited redemption opportunity for specific select hotels with a 2.5 cent per point value.

However, if you aren’t redeeming for Points Boost redemptions, you will only get 1 cent per point via the portal. Points Boost is available on whatever flights or hotels Chase applies Points Boost to at any particular time (rotating) including hotels in The Edit portfolio.

If you have any questions, let’s discuss in the MilesTalk Facebook group.

Dave Grossman

Previous

New Limited-Time Welcome Bonuses on Delta SkyMiles Amex Cards Plus Two New Card Benefits and Bonvoy Offers

Dave Grossman

Next

Chase Sapphire Preferred® Gets a Major 2026 Refresh — New Benefits, Higher Credits, and a Hyatt Curveball

Dave Grossman