The Chase Sapphire Reserve card has introduced a limited-time offer that provides a 100,000-point welcome bonus and a $500 Chase Travel promo credit. This is available to new cardholders who spend $5,000 within the first three months of opening their account.
"The Points Guy" highlights the value of this offer, noting that it surpasses the initial launch bonus from 2016 by $500. The typical welcome bonus for this card has been 60,000 points after meeting spending requirements, which makes this current offer particularly notable.
According to TPG's June 2025 valuations, the total worth of this bonus could reach up to $2,550. This includes valuing Chase Ultimate Rewards points at 2.05 cents each and adding the $500 travel credit.