You Can Save $1,125 on Travel Now With a New Chase Sapphire Reserve® Card
KEY POINTS
- The Chase Sapphire Reserve® has a newly boosted welcome bonus.
- Eligible new cardholders who spend at least $4,000 within 3 months of account opening can earn a generous welcome bonus of 75,000 bonus points.
- When redeeming 75,000 bonus points for travel through the Chase Travel portal, you can save $1,125 on travel bookings.
The Chase Sapphire Reserve® is a popular credit card with travelers who value premium travel benefits. While it has a pricey annual fee of $550, it can prove valuable for those who travel often and provides plentiful opportunities to earn credit card rewards.
The welcome bonus was recently increased by 15,000 points. For new cardholders who can meet the spending requirements, now is an ideal time to apply for this travel rewards card. Find out how to save $1,125 on travel with a new Chase Sapphire Reserve®.
Chase has unveiled an improved welcome bonus
Until recently, the Chase Sapphire Reserve® and the Chase Sapphire Preferred® Card had a welcome offer of 60,000 bonus points. New cardholders could earn this bonus after spending at least $4,000 within 3 months of account opening.
Featured offer: save money while you pay off debt with one of these top-rated balance transfer credit cards
Chase recently increased the welcome offer on both cards to 75,000 bonus points. After meeting the spending requirements, eligible new Chase Sapphire cardholders can earn the 75,000 bonus points welcome bonus.
A welcome bonus opportunity like this could make it easy to amass a sizable collection of Chase points, which you can use to fund a future vacation. If you've been considering applying for either card, now is a good time to do it due to this increase.
On Chase's Secure Website.
= Best
= Excellent
= Good
= Fair = Poor
= Best
= Excellent
= Good
= Fair = PoorOn Chase's Secure Website.
Good/Excellent (670-850)
Intro APR
Purchases: N/A
Balance Transfers: N/A
Regular APR
22.49%-29.49% Variable
Rewards Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases.
5x points on flights and 10x points on hotels and car rentals through Chase Travel℠.
Annual Fee N/A
$550
Welcome Offer Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,125 toward travel when you redeem through Chase Travel℠.
75,000 bonus points
-
This Chase card is your ticket to big rewards on travel spending and dining out, like up to 10x points on spending through Chase Travel, where your points are worth 50% more if you book through Chase Ultimate Rewards. You'll also score excellent perks, like a $300 travel credit, airport lounge access, and a Global Entry/TSA Precheck credit. The annual fee is hefty, but if you can use all its features, this card could be well worth the cost. Read Full Review
-
- Sign-up bonus
- Travel credits
- Airport lounge access
- Travel and dining rewards
- Flexible travel points
- Annual fee
-
- Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,125 toward travel when you redeem through Chase Travel℠.
- $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
- Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
- Get 50% more value when you redeem your points for travel through Chase Travel℠. For example, 75,000 points are worth $1125 toward travel.
- 1:1 point transfer to leading airline and hotel loyalty programs
- Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Member FDIC
How to turn your welcome bonus into $1,125 in travel savings
The Chase Sapphire Reserve® provides flexibility with rewards redemption options. You can choose the best redemption that works for you. Here are three popular options to consider.
- Redeem for a statement credit: You can redeem your points for a statement credit to your account. For this redemption, points are worth $0.01 apiece. That means 75,000 bonus points points would be worth $750 as a statement credit.
- Transfer your points to travel partners: You can transfer your points to any of Chase's many travel partners. You can redeem your rewards for award flights or hotel stays through select airline and hotel rewards programs. The value of 75,000 bonus points varies depending on the program and booking made.
- Book travel reservations through the Chase Travel portal: Another option is to redeem your rewards for travel bookings using the Chase Travel portal. With this option, your points are worth $0.015 apiece, so 75,000 bonus points are worth $1,125 in travel.
Many cardholders prefer the simplicity of redeeming their points for travel bookings made in the Chase travel portal. But only you can decide on the best redemption for your goals. Using your credit card rewards for travel could help you stretch your vacation budget further.
A lot to love about the Chase Sapphire Reserve
The Chase Sapphire Reserve® has many great features. One standout benefit is the annual travel credit of up to $300, which is provided as a direct statement credit to your account after you make eligible travel purchases using your card.
Cardholders can also enroll to receive a complimentary Priority Pass Select membership. With this lounge membership, you can access eligible airport lounges for free, along with two guests. This valuable perk can make time spent at busy airports less stressful.
You'll also have access to travel protections, such as trip cancellation and trip interruption insurance, baggage delay insurance, lost luggage reimbursement insurance, and travel accident insurance.
It's no wonder why the Chase Sapphire Reserve® has a top spot on our best travel credit cards list. If you've been considering adding a travel credit card to your wallet, you may want to think about applying for the Chase Sapphire Reserve®. For a closer look at other top-rated credit cards, check out our list of the best credit cards.
On Chase's Secure Website.
= Best
= Excellent
= Good
= Fair = Poor
= Best
= Excellent
= Good
= Fair = PoorOn Chase's Secure Website.
Good/Excellent (670-850)
Intro APR
Purchases: N/A
Balance Transfers: N/A
Regular APR
22.49%-29.49% Variable
Rewards Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases.
5x points on flights and 10x points on hotels and car rentals through Chase Travel℠.
Annual Fee N/A
$550
Welcome Offer Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,125 toward travel when you redeem through Chase Travel℠.
75,000 bonus points
-
This Chase card is your ticket to big rewards on travel spending and dining out, like up to 10x points on spending through Chase Travel, where your points are worth 50% more if you book through Chase Ultimate Rewards. You'll also score excellent perks, like a $300 travel credit, airport lounge access, and a Global Entry/TSA Precheck credit. The annual fee is hefty, but if you can use all its features, this card could be well worth the cost. Read Full Review
-
- Sign-up bonus
- Travel credits
- Airport lounge access
- Travel and dining rewards
- Flexible travel points
- Annual fee
-
- Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,125 toward travel when you redeem through Chase Travel℠.
- $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
- Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
- Get 50% more value when you redeem your points for travel through Chase Travel℠. For example, 75,000 points are worth $1125 toward travel.
- 1:1 point transfer to leading airline and hotel loyalty programs
- Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Member FDIC
Alert: our top-rated cash back card now has 0% intro APR until 2025
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a lengthy 0% intro APR period, a cash back rate of up to 5%, and all somehow for no annual fee! Click here to read our full review for free and apply in just 2 minutes.
Our Research Expert
Natasha is a freelance writer who specializes in personal finance, credit card, credit card rewards, and travel hacking content.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent, a Motley Fool service, does not cover all offers on the market. The Ascent has a dedicated team of editors and analysts focused on personal finance, and they follow the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands.
Related Articles
View All Articles
By: Ben Gran | Published on Jan. 26, 2024
By: Steven Porrello | Published on Feb. 28, 2024
By: Ben Gran | Published on Feb. 27, 2024
By: Maurie Backman | Published on Feb. 27, 2024
By: Chris Neiger | Published on March 2, 2024