Chase simply launched its highest-ever Chase Sapphire Reserve® (see rates and fees) bonus — and it could be one of the worthwhile bank card affords we have seen in years.
New applicants can earn 150,000 Chase Ultimate Rewards factors after spending $6,000 on purchases within the first three months from account opening. That is a serious improve from latest affords and ranks the cardboard extremely in opposition to its premium card competitors.
Even with a bonus this huge, the important thing query stays: Is that this a deal price leaping on proper now, or do you have to await one thing higher?
How good is that this 150,000-point Chase welcome supply?
That is the best publicly available offer we have ever seen on the Sapphire Reserve.
The latest supply was for 125,000 factors with the identical $6,000 minimal spending requirement (not out there). Earlier than that, affords had been sometimes a lot decrease.
There was additionally a really targeted offer of as much as 175,000 factors in late 2025 (not out there), and there isn’t any indication it’s going to return.
That makes the present supply particularly compelling: You are getting an additional 25,000 factors for the very same spending requirement.
TPG’s April 2026 valuations peg Final Rewards factors at 2.05 cents every, making this bonus price $3,075.
What can 150,000 factors truly get you?
The actual worth comes from how you utilize the factors.
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In the event you use Chase Final Rewards factors to guide issues like flights and accommodations through the Chase Travelâ„ portal, you will get a worth of as much as 2 cents per level due to Points Boost.
Meaning your 150,000-point bonus could be price as much as $3,000.
In the event you fancy a luxurious lodge, Chase simply launched a curated list of high-end hotels the place you may stand up to 2.5 cents per level.
Ultimate Rewards points will also be transferred to 14 airline and hotel partners at a 1:1 ratio, which is commonly probably the most worthwhile technique to redeem your factors.
In the event you maximize switch companions, it is solely doable to get way over $3,000 in journey worth from this bonus alone.
Listed here are a number of real-world examples:
| Switch program(s) | Redemption particulars | Factors required (plus taxes and costs) | Money value | Worth per level |
|---|---|---|---|---|
|
Virgin Atlantic Flying Membership
|
Scandinavian Airways premium financial system for 4 passengers from New York’s John F. Kennedy Worldwide Airport (JFK) to Copenhagen Airport (CPH) |
150,000 (plus $22.40) |
$14,862 |
9.9 cents |
|
Swiss enterprise class for 2 passengers from Miami Worldwide Airport (MIA) to Zurich Airport (ZRH) |
140,000 (plus $114.82) |
$13,503 |
9.6 cents |
|
|
A seashore villa for 3 nights on the Park Hyatt Maldives Hadahaa |
75,000 (off-peak on present award chart) |
$2,819 |
3.8 cents |
|
|
United premium financial system for 2 passengers from Chicago’s O’Hare Worldwide Airport (ORD) to Tokyo’s Haneda Airport (HND) |
130,000 (plus $11.20) |
$4,829 |
3.7 cents |
Why is that this supply so compelling?
Large bonuses aren’t new, however bonuses at this stage, on a card just like the Sapphire Reserve, are nonetheless uncommon.
Past the elevated bonus, the Sapphire Reserve stays one of the complete premium journey playing cards.
The spending requirement stays $6,000, however you may earn considerably extra factors in return — they usually stay among the many most versatile out there.
Key advantages embody:
For many TPGers, the mix of lounge entry and versatile factors is what retains it worthwhile, regardless of the high annual fee.
Associated: Chase Sapphire Reserve statement credits: What they are and how to use them
Who’s eligible for this bonus?
As with most Chase playing cards, there are two key restrictions to remember:
In apply, this implies:
- In the event you’ve opened 5 or extra private bank cards previously 24 months, you are unlikely to be accredited.
- In the event you’ve earned a Sapphire Reserve bonus earlier than, you are unlikely to earn one other one.
Must you apply now?
That is the very best publicly out there supply we have seen on the Sapphire Reserve, which makes this the very best time to use.
Whereas a focused supply of as much as 175,000 factors existed previously (not out there), there isn’t any indication that it’s going to return.
In the meantime, public affords at this stage do not come round usually, and, after they do, they do not all the time final lengthy.
As an alternative of making an attempt to time a greater deal, your determination ought to come down as to if the cardboard matches your way of life.
Earlier than making use of, ask your self:
- Can I comfortably meet the $6,000 spending requirement in three months?
- Will I get sufficient worth from the cardboard’s perks to justify the $795 annual price?
- Do I plan to make use of Final Rewards factors successfully (by way of switch companions or the Chase Journey portal)?
If the reply to the above questions is sure, it is a sturdy alternative to earn a big stash of worthwhile factors.
Backside line
The 150,000-point bonus on the Chase Sapphire Reserve is the very best publicly out there supply we have seen on the cardboard. Based mostly on TPG’s valuations, the bonus alone is price greater than $3,000 earlier than factoring within the card’s premium perks.
That is the very best time to use in the event you can meet the spending requirement and get ongoing worth from the cardboard’s advantages.
To study extra, learn our full review of the Chase Sapphire Reserve.
Apply right here: Earn 150,000 bonus factors with the Chase Sapphire Reserve.
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