Chase Sapphire Reserve offers 100K point bonus and $500 travel credit

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Chase Sapphire Reserve offers 100K point bonus and $500 travel credit

Research

Colby Kirkpatrick Contributor | The Points Guy

By Sky Industry News

Jun 24, 2025

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.

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Chase Ultimate Rewards points are considered highly valuable due to their transferability to various partners such as World of Hyatt and United MileagePlus. Examples provided include booking five nights at Secrets St. Lucia Resort or securing business-class flights with Air France-KLM Flying Blue.

Despite an increased annual fee of $795 for the Sapphire Reserve card, "The Points Guy" suggests that maximizing credits can offset this cost effectively. The article concludes with encouragement for those considering applying for the card to take advantage of this unprecedented offer while it lasts.