Chase Sapphire Reserve’s Welcome Bonus Offer History [Since 2017]

Updated: October 13, 2024, 10:14am CDT

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When To Apply for the Chase Sapphire Reserve Card
Chase Sapphire Reserve Card Benefits
Final Thoughts

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The Chase Sapphire Reserve^® packs a real punch when delivering value as a premium rewards card, and it has gone through several iterations since its initial debut in 2016.

Here’s a quick look at the Chase Sapphire Reserve card, its current and previous welcome bonus offers, and its full list of benefits.

When To Apply for the Chase Sapphire Reserve Card

The best time to apply for a new credit card is a personal strategy that revolves largely around your spending plan. If you have a large purchase coming up and there are valuable welcome bonus offers out there, it may be a good idea to apply for that new card.

The Chase Sapphire Reserve card’s welcome bonus offer is now: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months. And at our 2 cents per point valuation of Ultimate Rewards points, that leaves you with roughly $1,200 in travel rewards value.

Here’s the full history of the card and its welcome offers:

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Offer Date	Welcome Offer Details	Our Value*
Current	Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months.	$1,200
May 2024 to June 13, 2024	Earn 75,000 bonus points after spending $4,000 in the first three months of account opening	$1,500
February 2023 to May 2024	Earn 60,000 bonus points after spending $4,000 in the first three months of account opening	$1,200
October 2022 to January 2023	Earn 80,000 bonus points after spending $4,000 in the first three months of account opening	$1,600
June 2022 to October 2022	Earn 60,000 bonus points after spending $4,000 in the first three months of account opening	$1,200
October 2021 to June 2022	Earn 50,000 bonus points after spending $4,000 in the first three months of account opening	$1,000
June 2021 to October 2021	Earn 60,000 bonus points after spending $4,000 in the first three months of account opening	$1,200
March 2017 to June 2021	Earn 50,000 bonus points after spending $4,000 in the first three months of account opening	$1,000

*Value is determined based on our valuations of points and miles and are not provided by the issuer.

United Polaris Boeing 767-300 — United MileagePlus is a 1:1 transfer partner of the Chase Ultimate Rewards program. Image Credit: Victoria M. Walker

Chase Sapphire Reserve Card Benefits

The Chase Sapphire Reserve card can be a great fit for someone who regularly travels and can extract value out of the card’s benefits. Here’s what else the card is offering:

$300 annual travel credit for travel purchases each account anniversary
10x total points on hotels and car rentals and 5x points on flights when you purchase travel through Chase Travel (after the first $300 is spent on travel purchases annually)
3x points on other travel and dining
1x points on all other purchases
Access to Priority Pass Select and Chase Sapphire lounges
Up to $120 application fee credit every four years for Global Entry, TSA PreCheck or NEXUS, as of October 1, 2024
No foreign transaction fees

Hot Tip:

As you’re earning Chase Ultimate Rewards points with the Chase Sapphire Reserve card, you may consider pairing with another card that earns the same points. While you can only have one Chase Sapphire card at a time (which means you can’t simultaneously have the Chase Sapphire Preferred^® Card), you can also carry the Ink Business Preferred^® Credit Card, Chase Freedom Unlimited^®, or the Chase Freedom Flex℠ at the same time.

Final Thoughts

If you’re able to come up with a plan to hit the minimum spending bonus without overstretching yourself financially, the Chase Sapphire Reserve card is worth considering if you’re an avid traveler.

The card comes with a stiff $550 annual fee, but with the right strategy, you could quickly make up for that from the rewards and benefits of the card.

The information regarding the Chase Freedom Flex℠ was independently collected by Upgraded Points and not provided nor reviewed by the issuer.