Boasting a portfolio of over 20 cards, Jarrod has been an expert in the points and miles space for over 6 years. He earns and redeems over 1 million points per year and his work has been featured in o...
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It has been some time since we’ve seen an increased welcome bonus offer on one of the most popular premium travel rewards cards — the Chase Sapphire Reserve®.
If you’re in the market for a new card, here is a look at the details of this increased offer, along with the benefits of the card to help you determine if it is a good fit for you.
New Chase Sapphire Reserve Card Welcome Bonus
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
When you factor that your points are worth 50% more, or 1.5 cents per point, when redeemed through the Chase travel portal, that makes this bonus worth, at minimum, $900 in travel purchases. That said, thanks to your ability to get outside redemption via transfer partners like World of Hyatt, we value Chase Ultimate Rewards points at 2 cents per point, making this bonus worth $1,200 in our view!
Chase Sapphire Reserve Card Bonus Categories and Benefits
With your Chase Sapphire Reserve card, you’ll earn rewards at the following rates:
- 10x points per $1 on hotels and car rentals purchased through Chase Travel
- 10x points per $1 for purchases through Chase Dining
- 5x points per $1 on airfare purchases through Chase Travel
- 3x points per $1 for all other travel and dining purchases
- 1x point per $1 on all other purchases
You’ll also receive excellent benefits like up to $300 annual travel credit, Priority Pass lounge access, a Global Entry/TSA PreCheck/NEXUS credit, access to the Chase travel partners, and the ability to redeem your points for 50% more through the Chase travel portal.
The card also features travel protections, such as trip cancellation, trip interruption, and trip delay insurance, lost and delayed luggage insurance, and primary rental car insurance. You’ll also enjoy purchase protection, return protection, extended warranty coverage, and much more.
Hot Tip: For more details on the Chase Sapphire Reserve card, read through our full review to learn everything there is to know about the card.
Final Thoughts
The Chase Sapphire Reserve card is one of the top travel rewards credit cards on the market for good reason. It couples strong point-earning with excellent benefits and earns some of the most valuable points available thanks to its flexibility. If you were considering the card before, now is a great time to pull the trigger thanks to its increased welcome bonus of 60,000 Ultimate Rewards points!
Featured Image Credit: Chase
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About Jarrod West
Boasting a portfolio of over 20 cards, Jarrod has been an expert in the points and miles space for over 6 years. He earns and redeems over 1 million points per year and his work has been featured in outlets like The New York Times.
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UP's Bonus Valuation
This bonus value is an estimated valuation calculated by UP after analyzing redemption options, transfer partners, award availability and how much UP would pay to buy these points.