New Chase Sapphire Reserve Card Applications Live With a Huge Welcome Offer [100K Points!]

One of the best premium travel rewards cards on the market, the Chase Sapphire Reserve card, has just gone through a major refresh, and application are now live alongside its largest ever welcome bonus offer.

Here is a full look at the details of the new welcome offer, along with the perks and benefits available on this recently refreshed premium credit card.

New Chase Sapphire Reserve Card Welcome Bonus Offer

To celebrate the refresh of the Chase Sapphire Reserve card, new cardholders can earn 100,000 bonus points and a $500 Chase Travel credit after you spend $5,000 on purchases in the first 3 months of account opening.

Not only is this much larger than the previous 60,000-point welcome bonus offer on the Chase Sapphire Reserve card, but it is also this card’s largest welcome bonus offer in history.

In fact, when the Chase Sapphire Reserve card first launched with its 100,000-point welcome bonus in 2016, it famously ran out of the metal needed to make the card, due to its popularity. Now, for its refresh, Chase is taking things a step further by offering 100,000 bonus points and a $500 Chase Travel credit.

We value Chase Ultimate Rewards points at 2 cents per point, making this welcome bonus worth a massive $2,500 when you combine the points and the Chase Travel credit, based on our valuation.

New Chase Sapphire Reserve Card Benefits

We’ve already published a piece detailing all of the new changes to the Chase Sapphire Reserve card. In addition to the annual fee increasing to $795, here is a quick recap of what the card will offer going forward:

Bonus Categories

• 10x on eligible Peloton equipment and accessory purchases
• 8x points on all Chase Travel purchases
• 5x points on Lyft rides
• 4x points on flights and hotels booked directly
• 3x points on all dining purchases worldwide
• 1x points on all other purchases

Annual Credits

• $300 annual travel credit
• Up to $500 annual The Edit credit
• Up to $300 annual dining credit and primetime reservations at Sapphire Reserve Exclusive Tables
• Up to $300 annual StubHub credit 
• Up to $120 in annual Lyft in-app credits
• $300 annually in monthly DoorDash promos and complimentary access to DashPass for a minimum of one year (activate by December 31, 2027)
• Up to $120 in annual statement credits toward Peloton memberships
• a $500 Southwest Airlines credit when booked through Chase Travel (after $75,000 in annual card spend)
• $250 credit to The Shops at Chase (after $75,000 in annual card spend)

Benefits and Perks

• Chase Sapphire lounge access and Priority Pass airport lounge access
• Complimentary subscriptions to Apple TV+ and Apple Music
• TSA PreCheck, Global Entry, or NEXUS credit
• Various travel and purchase protections like trip delay insurance, primary rental car insurance, and baggage delay insurance
• Complimentary IHG One Rewards Platinum Elite Status (and complimentary Diamond Elite status after 75,000 in annual card spend)
• Southwest A-List Status (after $75,000 in annual card spend)

Final Thoughts

We were big fans of the Chase Sapphire Reserve card before, and while the new annual fee stings, Chase has provided numerous ways to recoup that value through benefits. If you’re able to use them, the increased annual fee is easier to swallow.

If the new and improved Chase Sapphire Reserve card sounds like a perfect fit for you, applications are now live, and they feature the card’s best-ever welcome offer of 100,000 bonus points and a $500 Chase Travel credit.