Chase Sapphire Reserve Boosts Sign-up Bonus to 80,000 Points

Craig Joseph
By Craig Joseph 
Published
Edited by Kenley Young

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The offers described in this article are no longer available, so this page is out of date. See NerdWallet's review of the Chase Sapphire Reserve® for up-to-date information.

The Chase Sapphire Reserve® has been a fan favorite since it launched in 2016 with a limited-time 100,000 point sign-up bonus. But since early 2017, the best publicly available offer has been 60,000 points.

But as of Oct. 18, 2022, the card has upgraded its sign-up bonus: Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,200 toward travel when you redeem through Chase Ultimate Rewards®. (Ending Dec. 1, 2022.)

That's 20,000 points higher than the standard offer, meaning you can receive 33% more Chase Ultimate Rewards® if you meet that spending threshold.

The card's hefty annual fee of $550 remains unchanged, as do its other benefits:

Ongoing rewards:

  • 10 points per $1 spent on Chase Dining purchases through Chase Ultimate Rewards®.

  • 10 points per $1 spent on hotel stays and car rentals purchased through Chase Ultimate Rewards®.

  • 5 points per $1 spent on air travel purchased through Chase Ultimate Rewards®.

  • 3 points per $1 spent on travel and dining not booked with Chase.

  • 1 point per $1 spent on all other purchases.

  • Through March 2025: 10 points per $1 spent on Lyft (7 points per $1 spent on Lyft, plus 3 points per $1 spent on travel).

Other benefits:

  • Up to $300 a year in statement credit automatically applied to travel purchases.

  • Complimentary Priority Pass Select airport lounge membership.

  • Multiple hotel and airline transfer partners.

  • Primary rental car coverage of up to $75,000 for theft and collision damage.

  • TSA PreCheck, Global Entry, NEXUS credit, worth up to $100.

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