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The Chase Sapphire Reserve credit card has launched a new offer featuring its highest-ever welcome bonus, coinciding with a significant update to the card's benefits. New applicants can earn 100,000 bonus points and a $500 Chase Travel credit after spending $5,000 within the first three months from account opening.
Chase Ultimate Rewards points are highly valued, with The Points Guy (TPG) estimating them at 2.05 cents per point as of June 2025. Despite an increase in the annual fee to $795, the card's extensive premium benefits continue to position it as a leading choice for frequent travelers.
A representative from Chase confirmed that "Beginning June 23, 2025, you will be able to have both the Sapphire Reserve and Sapphire Preferred cards. New account bonus offer eligibility for either card will be based on factors including previously earned bonus offers and the number of cards opened and closed, among others."
