Chase offers lucrative welcome bonuses on Sapphire Reserve cards, with high redemption value.
From Yahoo Finance: 2025-06-23 11:51:00
Chase is offering lucrative welcome offers on its Sapphire Reserve cards: Chase Sapphire Reserve® offers 100,000 points + $500 Chase Travel credit after spending $5,000 in 3 months, while the new Sapphire Reserve for Business℠ gives 200,000 points after spending $30,000 in 6 months. These follow updates to the Sapphire Reserve with an increased $795 annual fee. Calculate Chase Ultimate Rewards points at 2.05 cents per point, making 100,000 points worth about $2,050 and 200,000 points worth about $4,100. Redemption options include transferring points to travel partners like World of Hyatt or Air Canada Aeroplan for high-value redemptions. For example, 20 nights at a Category 1 Hyatt hotel in Los Cabos can be redeemed for less than 100,000 points. Another option is transferring points to airline partners for premium flights, like booking a business class flight with Emirates from New York to Milan for 87,000 miles. You can also redeem points for luxurious hotel stays, like a one-night stay at the Park Hyatt Vienna for 30,000 points. Chase Sapphire Reserve benefits include $150 statement credits every six months for dining, trip cancellation/interruption insurance, auto rental coverage, and more. The card also offers up to $120 statement credit every four years for Global Entry, TSA PreCheck, or NEXUS application fees. The Sapphire Reserve for Business provides benefits like up to $250 in statement credits for prepaid bookings with The Edit, an annual travel credit up to $300, and more. If the Sapphire Reserve benefits align with your needs, the card can provide significant value, especially with the new credits that help offset the annual fee. The Sapphire Reserve for Business is ideal for small business owners who can leverage its rewards and benefits effectively. Access to airport lounge benefits and business-related credits from ZipRecruiter and Google Workspace can provide additional value. Ultimately, the Sapphire Reserve cards are best suited for those willing to pay the high annual fee, while other no-annual-fee credit cards or travel cards with lower fees may be more suitable for those seeking simplicity and affordability.
Read more at Yahoo Finance: NEW Sapphire Reserve and Sapphire Reserve for Business welcome bonuses (worth up to 200,000 points)