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November 18, 2024: The Chase Sapphire Reserve® is offering its standard welcome offer across all channels. Today, we re-confirmed the in-branch offer also offers the same 60,000 points as the online offer.
Here’s what you need to know about the current Chase Sapphire Reserve new cardmember bonus.
Annual fee: annual_fees
Best sign-up bonus: bonus_miles_full
This bonus is earned as Chase Ultimate Rewards® points.
Best sign up bonus offer: 60k Chase Sapphire Reserve® new cardmember bonus
Chase is currently offering a 60,000 point sign-up bonus on the Chase Sapphire Reserve®: bonus_miles_full
This bonus is available through online channels as well as in-branch.
In-branch offer: Matches the online offer.
From time to time, Chase offers a better bonus on the Chase Sapphire Reserve® in-branch. But as of November 18, 2024, here’s the welcome bonus you’ll get in-branch: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
In-branch welcome offers change from time to time and this information is accurate as of our last check. The in-branch offer may be different or may no longer be available.
Referral bonus: Sometimes better bonuses are available through referral links
When Chase offers a limited-time increased welcome bonus online, it will usually allow current customers to refer a friend to the same welcome bonus. These referral links tend to show the limited-time offer for about a week after the public offer ends.
As of June 25, 2024, all previously-generated referral links are no longer showing the increased offer and will show this card’s “business as usual” offer.
When you can get a higher bonus through our referral links, we will show our referral links on this page. Right now, our referral links show the same offer as the Chase website and our affiliate links.
The best ways to use the Chase Sapphire Reserve® bonus points
The Chase Sapphire Reserve® gives you direct access to some of the best Ultimate Rewards® redemption options available. The card lets you use your points through Chase Travel℠ and get 50% better than cash back value or transfer them to Chase’s travel transfer partners. Here are the best ways to use your Ultimate Rewards.
- Cash back. You can always use Ultimate Rewards® points for cash back redemptions. You’ll get 1 cent per point for cash back redemptions on any Ultimate Rewards credit card.
- Options available with premium cards. If you hold a premium Ultimate Rewards card, you can a few additional options for using your points. Premium Ultimate Rewards cards include the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, and Ink Business Preferred® Credit Card. You can also use the points you earn on your no-annual-fee card for these premium redemption options if you first transfer your points to your premium card.
- Travel through Chase Travel℠. Premium Ultimate Rewards cards offer increased value when you use your points to book travel through Chase Travel℠. You get 25% more value for bookings through Chase Tavel with the Sapphire Preferred or Ink Preferred. And you’ll get 50% more value for bookings made through the Sapphire Reserve card.
- Transfers to airline and hotel partners. All of the Premium Ultimate Rewards cards offer point transfers to travel partners. Transfers to partners offer the opportunity to get outsized value for your points through luxury travel redemptions. Our favorite Ultimate Rewards® transfer partners include Air Canada Aeroplan, Air France/KLM Flying Blue, British Airways Avios, United Mileage Plus, Virgin Atlantic Flying Club, and World of Hyatt.
My take on the current Sapphire Reserve® welcome bonus
The best bonus we’ve seen on the Chase Sapphire Reserve® since 2022 just ended. That said, we probably won’t see a large Sapphire Reserve bonus for at least a couple of months—Chase tends to go at least a month before offering increased welcome bonuses again.
The 60k Sapphire Reserve welcome bonus is nice perk if you’re looking to get a Sapphire Reserve card. But if you just want Ultimate Rewards, consider the Ink Business Cash® Credit Card, Ink Business Preferred® Credit Card, or Ink Business Unlimited® Credit Card cards. Those cards all offer large bonuses that put them at the top of our best Ultimate Rewards welcome bonuses.
If you’ve had this card or the Chase Sapphire Preferred® Card before, be sure to take a peek at the rules around earning Chase Sapphire welcome bonuses.
Verdict: This is the business-as-usual Sapphire Reserve bonus. We likely won’t see another increased offer online for at least a few months.
Other ways to get Ultimate Rewards® points
Getting a new Chase Sapphire Reserve® isn’t the only way to earn Ultimate Rewards® points. Several other personal and small business cards earn Ultimate Rewards, and the Chase Ink-branded cards in particular offer incredibly generous welcome bonuses on cards with no annual fee. And Ultimate Rewards you earn on another card can be transferred to your Sapphire Reserve.
We continuously updated our list of the best Ultimate Rewards welcome bonuses. Bookmark that list of you want to earn Ultimate Rewards points.
Advertiser disclosure: Cards and Points has partnered with CardRatings for our coverage of credit card products. Cards and Points and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers. Compensation may affect how and where card products appear on the site. The site does not include all card companies or all available offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Terms apply to all credit card benefits.
