[Expired] New Bonus Offers for Chase Sapphire Reserve & Preferred Cards

Updated: March 4, 2024, 5:25am CST

[Expired] New Bonus Offers for Chase Sapphire Reserve & Preferred Cards

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Update: The offers mentioned below have expired and are no longer available.

Big news for both the Chase Sapphire Reserve^® and the Chase Sapphire Preferred^® Card as Chase has launched new welcome offers. These replace previous best-ever offers that debuted earlier this year. Although these newest bonuses aren’t as generous as their predecessors, they’re still pretty decent. Let’s take a look.

Chase Sapphire Reserve Card

The Chase Sapphire Reserve card, Chase’s top-tier travel credit card, is known for its broad suite of perks. Those who are wanting to apply for the card can receive 50,000 bonus points after spending $4,000 in the first 3 months from account opening.

Along with all those Chase Ultimate Rewards points, cardholders can expect tons of unique benefits from the Chase Sapphire Reserve card:

10x points on car rentals, hotels, and dining booked via the Chase Travel portal
5x points on airfare booked via the Chase Travel portal
3x points on all other travel and dining purchases; 1x point on all other purchases
$300 annual travel credit
Priority Pass airport lounge access
TSA PreCheck, Global Entry, or Nexus, credit
DoorDash DashPass subscription (must activate by December 31, 2023)
$5 monthly DoorDash credit
Access to Chase Luxury Hotel and Resort Collection
No foreign transaction fees
Rental car elite status with National and Avis
Purchase protection/extended warranty protection
Trip cancellation/trip delay insurance
Lost luggage insurance

Keep in mind that the Chase Sapphire Reserve card comes along with a $550 annual fee, though it can certainly be worth it for those who can take advantage of its benefits.

Chase Sapphire Preferred Card

Often referred to as the little brother of the Chase Sapphire Reserve card, the Chase Sapphire Preferred card has recently been revamped to include many new benefits. As a mid-tier card, it has a $95 annual fee — which is a steal if you’re able to maximize the perks it offers.

Update: The offer mentioned below has expired and is no longer available.

The newest welcome offer for the Chase Sapphire Preferred card features the opportunity to earn 60,000 bonus points after spending $4,000 in purchases in the first 3 months.

You can also take advantage of those perks we mentioned:

Earns 5x points per $1 on all travel booked via the Chase Travel portal
Earns 3x points per $1 on dining purchases, online grocery purchases, and select streaming services
Earns 2x points per $1 on all other travel worldwide, then 1x on all other purchases
Earn 5x points on each Peloton Bike, Tread, and accessory purchase over $1,800, up to 25,000 total points, and a complimentary Digital Membership from Peloton after your order (through March 31, 2022)
$50 annual credit on hotel stays booked through the Chase Travel portal
10% annual bonus points
Complimentary DoorDash DashPass subscription (must activate by December 31, 2024)
No foreign transaction fees
1:1 point transfer to Chase airline and hotel partners like United MileagePlus and World of Hyatt
Travel and car rental insurance
Complimentary Spot Club Platinum status with The Parking Spot for 2 years, 20% off of your first reservation, and points for 1 free day of parking (enroll by October 26, 2023)

Hot Tip: Having trouble deciding between the 2 cards? Check out our detailed comparison of the Chase Sapphire Preferred card vs. the Chase Sapphire Reserve card.

Final Thoughts

These new offers from Chase aren’t quite as generous as their predecessors — that being said, 60,000 Chase Ultimate Rewards points is nothing to scoff at, nor is the 50,000-point bonus featured by the Chase Sapphire Reserve card. Combined with the benefits both cards now offer, you can easily find value that offsets these cards’ annual fees.

Featured Image Credit: Ehsan Haque

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About Carissa Rawson

Carissa served in the U.S. Air Force where she developed her love for travel and new cultures. She started her own blog and eventually joined The Points Guy. Since then, she’s contributed to Business Insider, Forbes, and more.

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