Last Chance: Grab the Chase Sapphire Reserves 100K Bonus Offer

The Chase Sapphire Reserve® has unveiled its best-ever welcome bonus, and time is running out for those looking to take advantage of this exceptional offer. You can earn a whopping 100,000 bonus points and a $500 Chase Travel℠ credit after spending $5,000 on purchases within the first three months of account opening. However, this lucrative offer ends on August 21 at 9 a.m. ET, making now your last opportunity to sign up.

It’s important to note that the $500 travel credit is a one-time promotional offer. If you apply this credit to a transaction that is less than $500, you will lose the remaining balance. The Chase Ultimate Rewards points are highly regarded in the rewards landscape, currently valued at approximately 2.05 cents per point, according to TPG’s August 2025 valuations.

While the card’s annual fee has recently increased to $795, the extensive list of premium benefits ensures it remains a top contender in the premium travel credit card category. Here’s a closer look at the current offer and the perks that make the Sapphire Reserve a compelling choice for travelers.

Key Offer Details

– 100,000 Bonus Points: Earn this generous bonus after spending $5,000 within the first three months.
– $500 Chase Travel Credit: Use this credit for travel expenses, but remember it’s valid for one-time use only.
– Valuable Rewards: The combined value of the bonus points and travel credit could be as high as $2,550, making this an enticing offer for travel enthusiasts.

This is the first time since the card’s launch nearly a decade ago that Chase has offered a 100,000-point welcome bonus, coupled with the $500 travel credit. If you’ve hesitated to apply in the past due to holding another card in the Sapphire family, there’s good news: Chase now allows cardholders to possess both the Sapphire Reserve and the Sapphire Preferred® Card simultaneously.

Eligibility Changes

Chase has implemented new eligibility restrictions for welcome bonuses. Previously, you could earn a welcome bonus every 48 months; however, new factors will now influence your eligibility. A Chase representative confirmed that as of June 23, 2025, eligibility for new account bonuses will depend on various criteria, including previously earned bonuses and the number of cards opened or closed.

If you’ve received a welcome bonus on a Sapphire card in the past, you may not qualify for another bonus on that same card. Additionally, current Sapphire Preferred cardholders may find themselves ineligible for the Sapphire Reserve bonus.

However, the new Chase Sapphire Reserve for Business℠ is not affected by these restrictions, allowing you to earn a bonus on the business card while still being eligible for personal card bonuses.

Premium Benefits of the Sapphire Reserve

Beyond its impressive welcome bonus, the Chase Sapphire Reserve offers a range of benefits that make it a valuable card for frequent travelers. Here are some highlights:

– Earning Rates: The card offers 3x points on travel immediately after earning your $300 travel credit, 3x points on dining, and 1 point per dollar spent on all other purchases.
– Statement Credits: The card includes multiple statement credits that help offset the annual fee. These may include credits for travel purchases and dining experiences.
– Airport Lounge Access: Cardholders enjoy access to Chase Sapphire lounges, as well as a Priority Pass Select membership, allowing entry for themselves and up to two guests.
– IHG Rewards Status: You receive complimentary mid-tier IHG One Rewards Platinum Elite status through December 31, 2027.
– Bonus Opportunities: Spend $75,000 or more on the card in a calendar year, and you unlock additional perks, such as bonus points.

Final Thoughts

If you’ve been contemplating applying for a premium travel rewards card, the Chase Sapphire Reserve is an excellent option, especially with its current offer of 100,000 bonus points and a $500 travel credit. However, the $795 annual fee is significant, so it’s crucial to consider how you can maximize the card’s benefits to offset this cost.

This card is particularly advantageous for travelers who frequently use airport lounges and can take advantage of the statement credits. Before applying, carefully evaluate your travel habits and how the Sapphire Reserve aligns with your spending strategy.

For those ready to elevate their travel rewards game, now is the time to apply for the Chase Sapphire Reserve and seize this limited-time offer before it expires on August 21 at 9 a.m. ET.

To learn more about the card and its benefits, check out our full review of the Sapphire Reserve.

Apply here: Chase Sapphire Reserve

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