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Our site may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened with our partners, and this may impact how or where these products appear. While we don't cover all available credit cards, our editorial team creates and maintains all of the analysis of these cards, and our content is not influenced nor subject to review by any credit card company, bank or partner prior to (or after) publication. Please view our advertising policy and product review methodology for more information.
Guides
New Chase Sapphire Reserve perks live today: Valuable credits and changes to earning rates
Matt Moffitt is a contributing editor and expert in getting the most out of credit cards and points (he carries at least 25 cards in his wallet at any given time). Originally from Sydney, Australia, he won the Green Card Lottery and lived in Austin, Texas for 10 years before relocating to Spain in 2025.
October 26, 2025 • 7 min read
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Quick summary
A refreshed suite of travel, entertainment and lifestyle benefits is now available for select premium travel cardholders, including new statement credits and changes to earning and redemption structures.
Hotel credits can be used at a curated luxury collection, with additional credits and elite hotel status available starting in 2026.
Dining, ticketing and wellness credits are included, plus complimentary streaming subscriptions for a limited time.
Earning and redemption rates for travel bookings have shifted, with some categories enhanced and others reduced.
What to consider
Most new perks require activation via your online account or mobile app before use.
Hotel credits have specific booking windows and minimum stay requirements, and some credits are only valid for select properties or years.
Points earned after the update can no longer be redeemed at a fixed value for travel portal bookings, but may qualify for higher-value redemptions with select partners.
What you'll miss from the article
A detailed guide to maximizing new credits, understanding earning rate changes and leveraging elite status and redemption options for optimal value.
Generated by AI with support from our editorial team.
Update: Some offers mentioned below are no longer available. View the current offers here.
Starting today, a refreshed lineup of perks has gone live for Chase Sapphire Reserve® (see rates and fees) cardholders who opened their account before June 23. (These benefits have been available to new applicants since that date, but all existing cardholders can now activate and start using them, too.)
Most importantly, these perks are live now, so cardholders can enroll and start using them immediately.
Here’s what’s new and how to maximize your benefits.
Hotel credits and elite status
You'll receive an up to $250 hotel credit for stays at The Edit, Chase’s curated luxury hotel collection, to use before the end of the year.
The credit applies to prepaid bookings of at least two nights and includes daily breakfast for two, a $100 on-property credit and early check-in, late checkout and room upgrades (when available). You can even use this year’s credit toward a 2026 stay if it’s charged now.
And starting Jan. 1, 2026, you'll get two credits of up to $250 each to use each calendar year.
Montage Big Sky. CHRISTIAN HORAN PHOTOGRAPHY/MONTAGE BIG SKY/FACEBOOK
For example:
You could use one credit for a two-night stay from March 3 to 4, 2026 (booked before the end of the year).
Then, you could use one of next year’s credits for a stay from March 5 to 6, 2026 (booked from Jan. 1, 2026).
The other credit for next year could then be used for a stay from March 7 to 8, 2026 (also booked from Jan. 1, 2026).
That adds up to $750 in credits on a six-night stay at the same property.
On top of that, a separate, one-off $250 hotel credit launches Jan. 1, 2026, for stays of at least two nights at select properties booked through Chase Travel℠, including ones affiliated with IHG Hotels & Resorts, Omni Hotels & Resorts and Virgin Hotels. This credit must be used in the 2026 calendar year.
Cardholders can also enroll for complimentary IHG One Rewards Platinum Elite status (through Dec. 31, 2027) by linking their IHG account through Chase. Platinum Elite status comes with bonus points for stays, plus room upgrades and late checkout (when available).
If you enjoy concerts or sports, this credit should be easy to use. You’ll now receive up to $150 biannually in statement credits when purchasing tickets through StubHub or Viagogo through Dec. 31, 2027. Activation is required.
CAROLINE TANNER/THE POINTS GUY
Since these platforms often host high-demand events, the credit can easily cover part of the cost of one big outing every six months. Clicking through Rakuten can earn extra rewards, and checking prices on the day of the event can help you score a better deal.
You now get complimentary subscriptions to Apple TV and Apple Music (valued at up to $250 per year and available through June 22, 2027; activate each service separately through Chase’s website or app).
If you already subscribe, cancel your paid plan and switch to the complimentary one to save money monthly.
This is two benefits in one: a credit and access to priority reservations.
First, cardholders receive an up to $150 biannual credit for eligible restaurants participating in Sapphire Reserve Exclusive Tables, which features top spots in major metropolitan areas like Chicago, Los Angeles and New York, as well as smaller cities like Denver and San Antonio. It can be a great way to elevate a night out or try somewhere new.
For the credit to apply, you simply need to pay with your card at an eligible restaurant; no reservation or extra steps are required. Adding your card to Rakuten may allow you to earn extra cash back at select restaurants.
EUGENIO MARONGIU/GETTY IMAGES
Second, you can get access to priority reservations by logging into your OpenTable account and adding your Chase Sapphire Reserve card as a payment method.
The Peloton credit offers up to $10 per month (through Dec. 31, 2027). Since a Peloton digital membership starts from $9.99 per month (plus taxes), the credit won’t cover the full amount but will partially offset it. Activation is required.
Be sure to pay through Peloton directly — not via app stores — to receive the credit.
Points earned from this point forward can no longer be redeemed for a fixed 1.5 cents each through Chase Travel. Instead, they’ll qualify for Points Boost (worth up to 2 cents per point with select hotels and airlines or 1 cent per point for everything else).
Points earned before today retain the 1.5-cent fixed-value option until Oct. 26, 2027.
Today's changes for the majority of Chase Sapphire Reserve cardholders have further transformed it into a hybrid travel and lifestyle card, blending hotel, entertainment, streaming, dining and wellness benefits with new earning and redemption structures.
Many of these perks run through 2027, giving cardholders additional opportunities to get value from the card. Whether that offsets the increased $795 annual fee (effective for all renewals from this point on) will depend on your spending habits.
Most new perks — including IHG elite status, Apple subscriptions and credits for Stubhub and Peloton — require activation in your online Chase account or the issuer's mobile app first. And make a note to take advantage of the new and enhanced hotel credits from Jan. 1, 2026.
By commenting, you agree to our Community Guidelines to help create a positive space for conversation. The responses below are not provided or commissioned by the bank advertiser, our partners, or The Points Guy (“TPG”). They have not been reviewed, approved, or otherwise endorsed by any of these parties. All responses are submitted by individual contributors, and neither the bank advertiser, our partners, nor TPG are responsible for ensuring that all posts and/or questions are answered.
