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Chase Sapphire Reserve Cardholders: Earn 8,300 Points at $0 Out of Pocket [Today Only]

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Juan Ruiz
Edited by: Ryan Smith
& Ben Neighbors-Giles
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If you have the Chase Sapphire Reserve®, July 15 is one of those rare days where stacking a few promotions can turn a purchase you’d be reimbursed for anyway into thousands of extra points.

With Rakuten’s Black Friday in July promotion, Paze’s limited-time bonus, and the card’s StubHub credit, you can come away with more than 8,300 points while spending nothing out of pocket.

Here’s how to do it.

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Stack 3 Offers To Earn Thousands of Extra Points

To maximize this deal, you’ll need to stack all 3 offers together, so here’s how it works.

Step 1: Sign up for Rakuten

If you don’t already have a Rakuten account, that’s the first thing you’ll need. New members who sign up through a referral link can earn a $50 welcome bonus after spending $50, which can also be taken as 5,000 Amex Membership Rewards points or 5,000 Bilt Rewards Points instead of cash back if you’ve linked those accounts.

Rakuten referral offer
If you don’t currently have a Rakuten account, you’ll want to sign up through a friend’s referral link. Image Credit: Rakuten

Since you’ll already be spending at least $50 on StubHub for this deal, you’ll naturally trigger that welcome bonus.

Need a referral link? Try these:

Step 2: Activate Your Chase StubHub Credit

Chase Sapphire Reserve cardholders receive up to $300 in StubHub credits each calendar year, split into 2 semiannual $150 credits.

Stubhub $300 credit
Make sure to activate your Stubhub credit benefit before making a purchase. Image Credit: Chase

The newest $150 credit became available on July 1, so make sure you’ve activated it in the Chase app before making your purchase. It only takes a minute and is easiest to do in the Chase mobile app.

Step 3: Set Up Paze

Next, you’ll want to enroll in Paze, the digital wallet backed by Early Warning Services (the company behind Zelle). For a limited time, Paze is offering 10x Chase Ultimate Rewards points at several merchants, including StubHub, when you check out using an eligible Chase card.

Stubhub Paze Checkout page
Just select Paze at checkout through Stubhub and use your Chase Sapphire Reserve card to pay. Image Credit: Stubhub

Simply register with the email address or phone number associated with your Chase account and confirm that your Chase Sapphire Reserve card is available to use.

Step 4: Start Your Purchase Through Rakuten

For today only, Wednesday, July 15, Rakuten is offering 12% cash-back or 12x points on StubHub purchases as part of its Black Friday in July promotion.

Stubhub Rakuten
Image Credit: Rakuten

Click through Rakuten first, then shop for your tickets on StubHub as you normally would. At checkout, choose Paze as your payment method and select your Chase Sapphire Reserve card.

We recommend setting your Rakuten account to earn points from Membership Rewards or Bilt Rewards, rather than cash-back. Based on our latest valuations, those points are worth twice as much as cash-back.

Here’s How You Earn 8,300+ Points

If you make a $150 StubHub purchase using your Chase Sapphire Reserve card, pay with Paze, and start your purchase through Rakuten, you’ll stack all 3 promotions at once. Since your Chase Sapphire Reserve card’s $150 StubHub credit reimburses the purchase, you’ll earn all of the rewards below while paying $0 out of pocket — assuming you purchase a $150 ticket. The math changes a bit if you buy something that costs more or less.

Here’s what you’ll earn

  • 5,000 Amex Membership Rewards points or Bilt Rewards Points from Rakuten’s new member bonus (after spending $50)
  • 1,800 Amex Membership Rewards points or Bilt Rewards Points from Rakuten’s 12x earning rate on a $150 StubHub purchase
  • 1,500 Chase Ultimate Rewards points from Paze’s limited-time 10x promotion on a $150 purchase
  • $150 statement credit from your Chase Sapphire Reserve card’s StubHub benefit

Here is the total:

  • 6,800 Amex Membership Rewards points or Bilt Rewards Points
  • 1,500 Chase Ultimate Rewards points
  • 8,300 total points
  • $0 out of pocket after your $150 StubHub statement credit posts

At Upgraded Points, we value these rewards currencies at roughly 2.0 to 2.2 cents per point, conservatively. That means the 8,300 points you’d earn from this stack are worth at least $166 toward future travel based on our valuations. Not too shabby for making a $150 StubHub purchase that your Chase Sapphire Reserve card’s semiannual StubHub credit will reimburse anyway.

Hot Tip:

Already have a Rakuten account? You’ll still come away with 3,300 points from the Rakuten and Paze promotions on your $150 StubHub purchase. The additional 5,000-point Rakuten bonus is only available to new members who sign up through a referral link.

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Final Thoughts

Today only, you have a rare chance to stack 3 separate promotions on a purchase that will be fully reimbursed anyway. If you have the Chase Sapphire Reserve card and haven’t used your new $150 StubHub credit yet, now’s the time to do it.

You could turn that benefit into more than 8,300 points with just a few extra clicks.

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About Juan Ruiz

Juan is a leading expert in credit cards, loyalty programs, and airlines and hotels, with over a decade of experience helping readers and clients maximize points, miles, and travel value. His insights have appeared in prestigious outlets including USA Today, Travel & Leisure, CNN Underscored, Forbes, and The Points Guy, where he’s known for making complex travel strategies accessible and actionable. As the founder of JetBetter, Juan turns the complex world of points and miles into effortless, high-value travel, guiding clients through award redemptions, uncovering maximum value, and delivering stress-free, expertly planned trips that both travelers and industry insiders rely on.

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