Update: The offer mentioned below has expired and is no longer available.
Time is running out for a huge welcome offer on one of the most premium travel rewards credit cards. The Chase Sapphire Reserve® is now offering 80,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. This elevated offer is available through 6 p.m. EST on November 30, 2022.
Let’s take a closer look at this offer to see if it’s a good deal.
Last Call: 80,000 Chase Sapphire Reserve Card Offer
The Chase Sapphire Reserve card has a huge welcome offer — 80,000 bonus points after spending $4,000 on purchases in the first 3 months after account opening. That’s a nice increase from the previous offer of 60,000 bonus points.
Hot Tip: This elevated 80,000-point bonus on the Chase Sapphire Reserve card will end at 6 p.m. EST on November 30, 2022.
The 80,000-point welcome bonus offer is worth at least $1,200. That’s because when you hold the Chase Sapphire Reserve card, you can use your points at a value of 1.5 cents each to purchase travel through the Chase Ultimate Rewards travel portal. However, there’s an opportunity to get even more value from your points by utilizing Chase’s hotel and airline transfer partners.
Take World of Hyatt, for example. Chase Ultimate Rewards points transfer to Hyatt at a 1:1 ratio. You’ll often get 2 or 3 cents per point in value when redeeming World of Hyatt points, making the welcome bonus on this card extremely valuable.
In addition, the Chase Sapphire Reserve card comes with some premium travel perks:
Is It Worth It?
You may be wondering if this elevated welcome bonus on the Chase Sapphire Reserve card is worth it. For many travelers, it definitely is. The 80,000-point welcome bonus offer is worth $1,200 at a minimum and has the potential to be worth even more.
Even though the annual fee on this card is high, it comes with premium benefits that can be worth far more.
The $300 annual travel credit is one of the easiest credits to use because Chase counts a wide variety of things as travel and there isn’t a requirement for the travel to be booked through Chase. On top of that, this card comes with some of the best travel protections in the industry, making it a long-term staple in the wallets of many miles-and-points enthusiasts.
Bottom Line: The world traveler can certainly find value in having the Chase Sapphire Reserve card, but the frequent domestic traveler who likes to fly first class, enjoys Priority Pass lounge and restaurant access, and spends a lot on travel and dining will fare very well by having the card.
This is the last call for the improved welcome bonus offer on the Chase Sapphire Reserve card. You can earn 80,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening through 6 p.m. EST on November 30, 2022. At a minimum, that’s worth $1,200 when used in the Chase travel portal and can potentially be worth more when those points are transferred to hotel and airline partners.