Is this Chase Sapphire Reserve® offer the best one yet? June 2026

Chase currently has a limited time bonus offer for the Chase Sapphire Reserve® and it's quite intriguing. Might be the biggest offer yet.

This new 100,000-point bonus offer (released April 30, 2026) raises the bar. And it's arguably the best ever publicly available offer.

TL;DR

• The Chase Sapphire Reserve® now has a 100,000-point welcome bonus after spending $6,000 in 3 months

• You could book a 10-night Hyatt stay in Tokyo for 120,000 points or a one-way business class flight to Japan for 75,000 points via Virgin Atlantic.

• The card's up to $300 travel credit, up to $300 OpenTable dining credit, and up to $300 Stubhub credit alone total up to $900 in value, which already exceeds the $795 annual fee.

• You'll need to spend just $2,000 per month (for three months) to meet the minimum spend requirement for the card

What is the new limited time bonus offer for the Sapphire Reserve?

The current welcome bonus for the Sapphire Reserve is 150,000 Chase points after you spend $6,000 in 3 months from the account opening. This is one of the largest welcome bonuses 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.

Front costs for friends and family

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.

There are plenty of other ways to hit the $6,000 spend in 3 months for the Chase Sapphire Reserve®. 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. Reminder: never go into debt for a credit card bonus. That is not a good idea.

How does the new offer for the Chase Sapphire Reserve® stack up to the previous welcome offer?

The most recent 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 in June 2026 offers 25,000 more points with the exact same spend requirement and spend timeframe ($6,000 total in 3 months).

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 (as of May 2026, assuming you can find off-peak availability). You could book a one way business class flight to Japan for 75,000 points via a transfer to Virgin Atlantic (for ANA flights) or to Australia via United MileagePlus, 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.

Travel and entertainment credits

First off you get an up to $300 annual travel credit that can be used on a wide variety of travel related categories (flights, hotels, parking, cruise lines, etc).

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.

Also: some StubHub purchases qualify for the ongoing 2026 Paze promotion where you can earn an additional 10x Ultimate Rewards points per dollar spent. If you value Chase points at 2 cents a piece, that's essentially 20% back.

Dining credits

You can also get up to $300 in dining credit at restaurants that operate through OpenTable Exclusive Tables.

The only issue with this benefit is you would have to make sure the restaurant of your choosing is part of this program; only 400 restaurants in the United States qualify. You can use nextcard's very own Chase Sapphire Reserve® Dining Credit Map tool, to see where you can use the credit. A map view and list view is available, making it much easier to use than OpenTable's interface.

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.

Other credits and perks

You can also get a complimentary Apple TV+ and Apple Music subscriptions (valued at up to $288) as well as up to $120 in annual Lyft credits. And you can earn a $120 application fee statement 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 benefits. Kind of annoying, I get it. BUT if you are doing the math on these credits, the up to $300 travel credit, up to $300 OpenTable dining credit, and up to $300 DoorDash credit alone total up to $900 in value, which already exceeds the $795 annual fee.

You can always use nextcard to keep track of all your cards and their benefits!

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 is the best offer yet. You could typically get 2-3 cents per point 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.

If you're weighing your options, check out our CSR vs Venture X comparison for a deeper look.

FAQ

Is the Chase Sapphire Reserve® worth the $795 annual fee?

For the right spender, yes. The up $300 travel credit, up to $300 OpenTable dining credit, and up to $300 DoorDash credit alone total up to $900 in value, which already exceeds the $795 annual fee. If you travel at least once a year and eat out regularly, the card can pay for itself through credits alone.

Can you transfer Chase points to airline and hotel partners?

Yes. Chase Ultimate Rewards points transfer 1:1 to a range of airline and hotel partners including Hyatt, United MileagePlus, Virgin Atlantic, Southwest, and more. Transferring to partners is typically how you get the most value out of your points.

What is the spending requirement to earn the 150,000-point welcome bonus?

You need to spend $6,000 in 3 months from the account opening. That comes out to about $2,000 per month. If your regular spending doesn't hit that mark, you can cover group dinners or handle grocery runs for roommates to meet the spend requirement.

How many cents per point can you get with Chase Sapphire Reserve® points?

You could typically get 2-3 cents per point when transferring to Chase's airline or hotel partners. For example, booking a 10-night Hyatt stay in Tokyo for 120,000 points (as of May 2026) can yield well above 2 cents per point in value.