The Chase Sapphire Reserve bonus posts within 6 to 8 weeks after the cardholder meets the spending requirement, in most cases. Sapphire Reserve’s initial bonus is 60,000 points for making at least $4,000 in purchases in the first 3 months after opening the account. The bonus is open only to new cardholders, though. Anyone who’s earned an initial bonus with either Sapphire Preferred or Sapphire Reserve within the last 48 months is ineligible for another bonus.
Once the Sapphire Reserve bonus posts to your account, you can redeem those points for travel, cash back, gift cards, Amazon.com purchases and more. Points are worth 1.5 cents apiece when redeemed for travel through the Ultimate Rewards website compared to 1 cent each toward cash back or gift cards. Points spent toward Amazon.com purchases are only worth 0.8 cents each. Your points never expire, as long as your account is open. If you or Chase close your account for any reason, you will immediately lose any unused points.
No, you cannot get the Chase Sapphire Reserve 100k bonus anymore, as it was a limited-time promotion that ran from August 2016 through March 2017. Cardholders who were approved during that period and spent $4,000 within 3 months of account opening got 100,000 bonus points. That Chase Sapphire Reserve 100k bonus was worth $1,500 in travel – an incredible deal.… read full answer
But after March 2017, you get a bonus of 60,000 bonus points for spending $4,000 in the first 3 months. That’s still one of the biggest credit card bonuses on the market, though. It’s also enough to help offset Chase Sapphire Reserve’s $550 annual fee.
More info about Chase Sapphire Reserve’s 100k bonus:
So, at the end of the day, the Chase Sapphire Reserve’s 100k bonus is no longer available because it was never supposed to be permanent. It was the equivalent of 35% cash back, and that’s just not sustainable. Chase offered it to build some buzz for the new Chase Sapphire Reserve Card when it was introduced. Since that seems to have worked, they retired that promotion. It’s possible Chase could do another 100,000 point bonus in the future. But don’t count on it.
More info about what you get with Chase Sapphire Reserve:
Fortunately, Chase Sapphire Reserve’s sign-up bonus isn’t the only benefit you’ll enjoy. You’ll also receive a $300 travel credit each year. Plus, you’ll earn a total of 10 points per $1 spent on hotels and car rentals booked through Chase, a total of 10 points per $1 spent on prepaid restaurant reservations or takeout orders made through Chase, a total of 5 points per $1 spent on flights purchased through Chase, 3 points per $1 spent on all other travel and dining purchases, and 1 point per $1 on all other purchases. Those points are normally worth 1 cent each, but when redeemed for travel, they’re worth 1.5 cents apiece.
You can earn Chase Sapphire Reserve bonus points by spending $4,000 in the first 3 months your account is open. Meeting this initial spending requirement qualifies you for Chase Sapphire Reserve’s 60,000 points. There are several other ways of earning extra points with the Chase Sapphire Reserve, too.
60,000-Point Initial Bonus: Spending $4,000 in the first 3 months, will get you a considerable 60,000 points bonus. These bonus points will show up in your account 1-2 billing cycles after you reach the spending requirement.
Up to 10 points / $1 spent on Hotels and Car rentals: You’ll earn a total of 10 points per $1 spent on hotels and car rentals booked through Chase, a total of 10 points per $1 spent on prepaid restaurant reservations or takeout orders made through Chase, a total of 5 points per $1 spent on flights purchased through Chase, 3 points per $1 spent on all other travel and dining purchases, and 1 point per $1 on all other purchases. Travel rewards are earned after the $300 travel credit is earned. A statement credit will automatically be applied to your account after accumulating travel purchases up to this amount. Travel purchases include airfare, hotel stays, timeshares, cruises, car rentals, taxis, parking garages and more.
You can only earn the Chase Sapphire Reserve 60,000 initial bonus points once. But the travel and dining bonus points are a benefit you can earn without limit as long as you spend money on those categories.
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