Is this Chase Sapphire Reserve® offer the best one yet?
TLDR: Breaking—Chase just released a historic, unmatched welcome bonus for the revamped Chase Sapphire Reserve®. You can earn 150,000 points with this offer—arguably the best one yet.
Advertiser Disclosure: nextcard may receive compensation from card issuers. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain. For the most up-to-date terms & conditions, refer to the official credit card application on the issuer's website.
MoreLess
Product details may vary. Please see the issuer website for current information. nextcard does not receive commission for this product.
Chase just came out with a new offer for the Chase Sapphire Reserve® and it's quite intriguing. Might be the biggest offer yet.
The previous, most recent welcome offer on the card was 125,000 Chase points after $6k spend in 3 months. The new 150,000-point bonus offer (released April 30, 2026) raises the bar.
What is the new offer for the Chase Sapphire Reserve®?
The welcome bonus for the Chase Sapphire Reserve® is 150,000 Chase points after you spend $6,000 in 3 months from the account opening. As far as I know, this is the largest welcome bonus that Chase has offered on the Chase Sapphire Reserve® since the card’s release in 2016.
How do you hit the spend required to receive the 150,000 points?
It goes without saying—if you can spend $6,000 on everyday spending in 3 months then you’ll receive the welcome offer. If you’re concerned that your monthly spend wouldn’t come out to $6,000 in 3 months, there’s a couple of ways to get there.
Let’s say you go out to dinner with a bunch of friends and everyone puts their card down. Instead of doing this, pay for the dinner on your card and have everyone Venmo you. This will save the waiter time, and your friends won’t have to do any additional bill splitting math.
Let’s say you live with other people and someone else usually gets the groceries. You could instead get the groceries yourself and use your Chase Sapphire Reserve®. And you could even get groceries for an extended period of time so that you are fronting the cost within the 3 month spend period for the welcome bonus.
Another excellent way to hit the spend amount is to use your card for work reimbursements. Let’s say you are booking a flight or rental car for a business expense—put it on the Chase Sapphire Reserve®! There’s no reason why you couldn’t do this if the company is expecting you to pay for business expenditures and then get reimbursed on the back end.
I could go through more ways to help you achieve the $6,000 spend in 3 months for the Chase Sapphire Reserve® but I don’t want to bore you. The main thing I would say is that if you can’t think of creative, plausible ways to hit the $6,000 spend in 3 months, then this card isn’t for you.
How does the new offer for the Chase Sapphire Reserve® stack up to the previous welcome offer?
The previous welcome bonus for the Chase Sapphire Reserve® was 125,000 bonus points after spending $6,000 in 3 months from the account opening.
The current welcome offer today offers 25,000 more points with the exact same spend requirement and spend timeframe ($6,000 total in 3 months).
Given this, it’s a no brainer that the current offer is exceptional. With 150,000 Chase points I can book an extended trip for myself OR a booking for me and a friend. It gives me more flexibility for the length of trip and kind of trip.
The sign-up bonus of 150,000 points is intriguing as it's nice for long haul routes to places like Japan, Australia or New Zealand. Oftentimes these business class bookings for the 14+ hour flights can cost 100,000 points or more. And business class is well worth it for that long of a flight. Trust me—I took an economy class flight to Sydney from Los Angeles. Not the most comfy and zero sleep.
How can you use 150,000 Chase points?
Thinking about 150,000 Chase points is exciting to say the least. You could book a 10 night stay at the Hyatt Regency Tokyo Bay in Tokyo, Japan for just 120,000 points total. You could book a one way flight to Australia or Japan in business class for 75,000 (optimally) with points left over!
The extra 25,000 points with the new Chase Sapphire Reserve® welcome bonus are good to have to give yourself a little extra room for a second vacation or a longer stay.
What are some of the other benefits of the Chase Sapphire Reserve®?
With a $795 annual fee, you would hope that the Chase Sapphire Reserve® would come with some excellent benefits. Depending on what you spend your money on, the Chase Sapphire Reserve® has the potential to be worth it.
First off you get a $300 annual travel credit that can be used on a wide variety of travel related categories (flights, hotels, parking cruise lines etc.). An easy credit to use for anyone that travels at least once a year.
If you are a concertgoer or love seeing shows or sports, the up to $150 biannual credit of StubHub and Viagogo (totaling up to $300) are fantastic.
You can also get up $150 of biannual credit for restaurants that operate through OpenTable (totaling up $300). Something that I have found anecdotally that most of my friends would use in a heartbeat. The only issue with this benefit is you would have to make sure the restaurant of your choosing is indeed on OpenTable. You can use nextcard’s very own Chase Sapphire Reserve® Dining Credit Map tool, to see which restaurants qualify. A map view and list view is available, making it much easier to use than OpenTable’s interface.
CSR Dining Restaurants Over Time
Historical count of Chase Sapphire Reserve dining credit restaurants
The food promos don’t stop there for all the foodies reading this article. You can also get up to $300 in annual value via DoorDash credits.
There’s $250 available towards Apple TV+ and Apple Music subscriptions as well as up to $120 in annual Lyft credits. Still more. You can also receive a $120 application fee credit for Global Entry, TSA Precheck or Nexus every 4 years. Lastly, you can get up to $120 annually (in monthly credits) for Peloton.
Now, this is a lot thrown at you at once. A lot of coupons. Kind of annoying—I get it. BUT if you are doing the math on these credits, you only have to use some of them for the credits to be worth the hefty $795 annual fee.
It helps to know in relation to the welcome bonus in case you have a friend or relative looking for a Chase Sapphire Reserve®. You know that the credits can still be worth it for the right person.
Final Remarks
I would make the argument that the Chase Sapphire Reserve®’s new offer (released on April 30, 2026) is the best offer yet. The 25,000 extra points can be worth more when you take advantage of Chase’s travel partners. You could get up to 2 cents per point (CPP) or 3 CPP when transferring to Chase’s airlines or hotel partners. And with a larger amount of total Chase points, you have the potential of booking longer flights to a place like Singapore or New Zealand. Or you could have a dream vacation in Europe for 5 days booking flights and hotels with Chase points. The possibilities are endless.
FAQs
How much are 150,000 Chase points worth?
At a baseline valuation of ~1.5 cents per point, that’s about $2,250 in travel when booked through Chase Travel℠. With transfer partners, the value can be higher—like booking business class flights or luxury hotels.
What’s the annual fee for the Chase Sapphire Reserve®?
The Chase Sapphire Reserve®'s annual fee is $795.
How long will this Chase Sapphire Reserve® offer last?
Chase doesn’t publish exact end dates for most offers, so no idea right now.
How does the Chase Travel℠ portal work?
The Chase Travel℠ portal lets you redeem your Chase points directly for travel—flights, hotels, rental cars, and activities.