Link: Apply now for the Chase Sapphire Reserve® Card with 60K bonus points
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Chase Sapphire Reserve 60k bonus details
The Chase Sapphire Reserve has a welcome offer of 60,000 Ultimate Rewards points after spending $4,000 within the first three months.
Assuming you have this card, Ultimate Rewards points can be redeemed for a minimum of 1.5 cents each toward travel through the Chase Travel Portal, meaning 60,000 points will get you at least $900 in travel. However, personally I value Ultimate Rewards points at 1.7 cents each thanks to the other ways to redeem them, so to me this bonus is worth ~$1,020.
Who is eligible for the Chase Sapphire Reserve bonus?
You can be approved for the Chase Sapphire Reserve if:
- You don’t currently have a Chase Sapphire card (Reserve or Preferred)
- You haven’t received a new cardmember bonus on a Chase Sapphire card (Reserve or Preferred) in the past 48 months
Note that this is based on whether you’re the primary cardmember on one of these cards — if you’re currently an authorized user (or have been one in the past), you’d be eligible. Also keep in mind the general rules of applying for Chase cards, including the 5/24 rule (though there are increasingly reports of people being approved in spite of being over the 5/24 limit).
See this post for more details on eligibility requirements for the Sapphire Reserve.
Why the Chase Sapphire Reserve is worth it
The $550 annual fee Chase Sapphire Reserve is one of the most popular premium credit cards, thanks to its great rewards structure and benefits. The card has the following perks, among other things:
- The Sapphire Reserve has a $300 annual travel credit, that can automatically be applied to any purchase coded as travel; this should basically be worth face value to anyone who has the card
- The Sapphire Reserve offers a Priority Pass membership, as well as access to Chase Sapphire Lounges, which are some of the best credit card lounges you’ll find anywhere
- The Sapphire Reserve has an amazing rewards structure — earn 10x points on hotels and rental cars booked through the Chase Travel Portal, 5x points on flights booked through the Chase Travel Portal, 3x points on dining and travel, and 1x points on all other purchases
- The Sapphire Reserve has great travel protection, including for delayed flights, lost bags, rental cars, and more
- The Sapphire Reserve acts as a good “hub” card for Chase Ultimate Rewards, and lets you maximize the other cards in the portfolio
- The Sapphire Reserve offers flexible points that can be transferred to a Chase Ultimate Rewards airline or hotel partner, or can be redeemed at 1.5 cents each toward a travel purchase
- The Sapphire Reserve offers a Global Entry, TSA PreCheck, or NEXUS credit, once every four years
Read a full review of the Chase Sapphire Reserve here.
Bottom line
The Chase Sapphire Reserve is offering a welcome bonus of 60,000 Ultimate Rewards points upon completing minimum spending, which will get you a minimum of $900 toward travel, though you can potentially get more value than that with Chase’s transfer partners.
This is a great premium card that offers lots of perks, so if you spend a lot on dining and travel, value lounge access, and like Chase’s points redemption opportunities, definitely consider this card, as it’s quite easy to justify.
Do you plan on picking up the Chase Sapphire Reserve with 60K bonus points?
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