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Earn 60,000 bonus points with the Sapphire Reserve

Nick Ewen
Nick Ewen
Senior editorial director
Nick Ewen is TPG's senior editorial director and helps readers leverage credit cards (he has 23 of them) and loyalty programs to travel more for less. He's been at TPG for over 11 years.
and
Danyal Ahmed
Danyal Ahmed
Credit card writer
Credit card writer Danyal Ahmed is an avid traveler, averaging about 100,000 aeronautical miles per year. He regularly applies that knowledge and his expertise in credit cards to his role as a credit card writer at TPG.
June 10, 2024
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3 min read
Beautiful adult couple at restaurant shopping online while man holds credit card both smiling
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Editor's note: This is a recurring post, regularly updated with new information and offers.

Since its release in 2016, the Chase Sapphire Reserve® has been a major player in the world of travel rewards credit cards. When the card launched, it offered new cardholders a welcome bonus of 100,000 points, an offer not seen since.

The Sapphire Reserve is a fan favorite among cardholders and continues to offer incredible value through benefits such as a $300 annual travel credit, airport lounge access and the ability to redeem points for as high as 1.5 cents a piece through Chase Travel℠.

If you want a lower annual fee, check out the Chase Sapphire Preferred® Card.

Chase Sapphire Reserve current sign-up bonus

Current welcome bonus: Earn 60,000 bonus points after spending $4,000 on purchases within the first three months from account opening. We value those points at $1,230 according to TPG's June 2024 valuation.

Points can be redeemed through Chase Travel for 1.5 cents each or for more value by transferring points to one of 14 transfer partners.

THE POINTS GUY

Annual fee: $550

Earning rate: Earn 10 points per dollar spent at hotels and car rentals booked through Chase Travel, 10 points per dollar spent on Chase Dining purchases, 5 points per dollar spent on flights purchases through Chase Travel and 3 points per dollar spent on all other travel and dining purchases.

Why we like it: In addition to valuable earning rates, Chase defines other travel and dining broadly, so cardholders can earn bonus points on purchases such as tolls, parking meters, bakeries, cafes and fast food. The card offers Priority Pass lounge membership to access over 1,300 lounges and Chase's own fantastic lounges in Austin, Boston, New York and Washington, D.C., with more on the way.

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With great transfer partners such as Air Canada Aeroplan, Air France-KLM Flying Blue and British Airways Executive Club, you can redeem points for beyond 1.5 cents per point, especially when redeeming for premium cabins.

Application rules and restrictions

Although it's exciting to see a premium travel credit card with an elevated bonus offer, keep in mind the official rules and restrictions before applying.

The product is not available to either (i) current cardmembers of any Sapphire credit card, or (ii) previous cardmembers of any Sapphire credit card who received a new cardmember bonus within the last 48 months. If you are an existing Sapphire customer and would like this product, please call the number on the back of your card to see if you are eligible for a product change.

Bottom line

The Sapphire Reserve is one of the top-tier premium travel rewards credit cards, offering a high earning rate, airport lounge access and a $300 travel credit. If you've been thinking of getting this card, now is the time to apply.

To learn more about the card, read our full review of the Sapphire Reserve. And compare it to the Sapphire Preferred.

Learn more: Chase Sapphire Reserve

Featured image by RUDI_SUARDI/GETTY IMAGES
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.