A game-changing offer just landed: the Chase Sapphire Reserve is now offering a staggering 150,000-point welcome bonus—the highest we've ever seen for this premium travel card. If you've been waiting for the right time to apply, this is it: by our valuation, those points are worth over $3,000 when redeemed for travel.
Our Take
Good news for serious travelers and points maximizers. This is an all-time high offer for the Sapphire Reserve, blowing past previous records and making it a must-consider for anyone eligible. If you’ve been on the fence, this is the moment to jump in—the value is simply unmatched.
What Changed
- Welcome bonus: Increased to 150,000 Ultimate Rewards points (previously 100,000 or less)
- This is the highest public offer ever for the Chase Sapphire Reserve
- Effective immediately, per Miles to Memories
Who Benefits Most
- Frequent international travelers: 150,000 Ultimate Rewards points are worth ~$3,075 at our 2.05¢/point valuation—enough for multiple business class flights or luxury hotel stays.
- Chase ecosystem fans: Pairing this bonus with points from Chase Sapphire Preferred or Freedom cards unlocks even more value via transfers to partners like Hyatt and United.
- Big spenders: Those who can easily meet the (likely) high minimum spend requirement will extract maximum value—think $5,000+ in travel redemptions if you combine with existing points.
- Points optimizers: Transferring to partners like World of Hyatt (1:1) can yield outsized value—150,000 points can book up to 9 free nights at top-category Hyatt hotels (worth ~$2,500–$3,500).
Who Should Be Cautious
- Recent Sapphire family cardholders: If you’ve opened a Sapphire card in the last 48 months, you’re not eligible for this bonus.
- Chase 5/24 rule victims: If you’ve opened 5+ cards in the last 24 months, you’ll be auto-denied.
- Low spenders: If you can’t meet the likely high minimum spend (historically $4,000–$6,000 in 3 months), you won’t get the full value.
What To Do Right Now
- Check your 5/24 status—if you’re over, pause applications until you’re eligible.
- Review your Sapphire history—if you’ve had a Sapphire bonus in the last 4 years, you’re ineligible.
- Gather spend—ensure you can meet the minimum spend requirement without going into debt.
- Apply soon—these record offers rarely last long.
- Consider pairing with a Freedom card to maximize ongoing points earning.
