[Expired] Chase Sapphire Reserve’s Record-High 150K Welcome Offer Ends Soon

When the Chase Sapphire Reserve^® first launched in 2016 with a 100,000-point welcome offer, it was a big deal — setting the precedent for six-figure welcome bonus offers.

With increasing competition and a bit of “pointsflation” over the last decade, Chase has once again improved the welcome offer on its most premium credit card. Since the end of April this year, the Chase Sapphire Reserve card has featured an elevated 150,000-point welcome offer.

We now know that this welcome offer officially ends on June 15, 2026, at 9 a.m. EST. Here’s what you should know if you’re thinking of applying.

Chase Sapphire Reserve Card’s Welcome Offer

The 150,000-point welcome offer is the best publicly available welcome offer in the Chase Sapphire Reserve card’s history. To earn this massive welcome bonus, eligible applicants must spend $6,000 on eligible purchases within the first 3 months of account opening. However, this fantastic offer ends soon: June 15, 2026, at 9 a.m. EST.

Terms Apply / Rates & Fees

Chase Sapphire Reserve^®

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

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Chase Sapphire Reserve^®

A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

Welcome Offer

Earn 100,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.

100,000 points

UP's Offer Valuation*:

$2,000

Annual Fee

$795

APR

19.49% - 27.99% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Excellent

Why We Like This Card

If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve^® is one of the best options.

The card combines elite travel benefits and perks like worldwide airport lounge access, with excellent point earning and redemption options. Plus, it offers top-notch travel insurance protections to cover you at home or on the road.

Don’t forget the more than $2,000 in annual credits, which can offset the annual fee!

Pros & Cons

Pros

• 8x points on all Chase Travel purchases
• 5x points on Lyft rides
• 4x points on flights and hotels booked directly

Cons

• $795 annual fee

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Card Highlights

• Earn 100,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.
• Get $3,000 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 subscriptions to Apple TV and Apple Music for a minimum of one year when activated by June 22, 2027, a value of $288 annually.
• Member FDIC

Financial Snapshot

• APR: 19.49% - 27.99% Variable
• Foreign Transaction Fees: None

Rewards Center

Chase Ultimate Rewards

We value Chase Ultimate Rewards points at 2 cents apiece, meaning this massive welcome offer is worth about $3,000. It’s entirely possible to get more value from your points by leveraging Chase’s wide range of airline and hotel transfer partners.

Is the Chase Sapphire Reserve Card Worth It?

With one of the largest annual fees on the market, what exactly do you get with the $795 yearly charge?

The Chase Sapphire Reserve card is among the best luxury travel credit cards, though one of its most unique perks is that it offers airport lounge access for the primary cardholder and up to 2 guests. Most other premium credit cards have slashed guest access, so this is a great card to apply for if you frequently travel with a partner or kids.

In addition, the $300 annual travel credit remains the easiest credit card benefit to use, as any travel purchase qualifies. There are plenty of other benefits, including up to $500 in annual The Edit credits for luxury hotels and statement credits, which are worth reading over to see if they align with your spending habits.

Final Thoughts

We now know that the 150,000-point welcome offer on the Chase Sapphire Reserve card is ending on June 15 at 9 a.m. EST, so there’s only a little time left to take advantage of this rare opportunity to earn a big stash of points. Plus, Chase has loosened some of its eligibility restrictions for applicants who have previously held a Sapphire card, meaning you may still qualify for the offer even if you’ve had a Sapphire card in the past.