For those who’re hoping to safe the current bonus on the Chase Sapphire Reserve® (see rates and fees), time is ticking — rapidly.
New cardholders can earn 100,000 bonus factors plus a $500 Chase Travel℠ promo credit score* after spending $5,000 within the first three months from account opening. We have confirmed that this supply will finish Aug. 21 at 9 a.m. EDT. So, in the event you’re contemplating an utility, now’s the time to determine.
*Notice that the phrases for the journey credit score state: The promotional credit score is legitimate for a one-time use solely, in the event you apply the promotional credit score to a transaction lower than $500, you’ll forfeit the remaining steadiness.
Chase Ultimate Rewards factors are price 2.05 cents apiece, based on TPG’s August 2025 valuations. This makes Chase factors one of many most valuable rewards currencies on the market. And plenty of redemption choices may net a higher rate than this valuation.
When factoring within the whole worth of the promo credit score, this supply is price as much as $2,550, which is a wonderful return for the Sapphire Reserve’s $795 annual fee. For those who like what you have learn, you will wish to act earlier than Aug. 21 at 9 a.m. EDT.
In fact, be sure that you’re eligible for a bonus on the Sapphire Reserve, since restrictions have modified because the card’s recent refresh.
As soon as you have confirmed this, try these particulars to know what you will earn with this present Sapphire Reserve bonus.
Who the $500 Chase Journey credit score is nice for
A singular function of the Sapphire Reserve‘s present supply is the $500 Chase Journey promo credit score.
First, it is essential to notice that this credit score is legitimate for one-time use. So, to make the most of its full worth, you should spend no less than $500 in a single Chase Journey buy.
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This credit score may very well be helpful for a lot of vacationers:
- Those that aren’t loyal to a particular model (and would not miss out on elite advantages for reserving with a portal)
- Those that recognize the simplicity of a journey portal
- Those that wish to ebook a boutique property exterior of the key chains
This present bonus is the primary time we have seen a Chase Journey credit score included with a suggestion in the card’s history. For those who’re the kind of traveler who would recognize this profit, you will wish to apply for this card earlier than the supply expires Aug. 21 at 9 a.m. EDT.
Associated: Your biggest Chase Sapphire Reserve questions answered
Why we love Chase Final Rewards factors
The Sapphire Reserve‘s present supply contains 100,000 Chase factors, that are price as much as $2,050, per TPG’s August 2025 valuations.
Right here at TPG, we love Chase factors due to the versatile choices unlocked by the issuer’s 14 transfer partners. These embrace high-value loyalty packages similar to Air Canada Aeroplan, Air France-KLM Flying Blue, British Airways Club and World of Hyatt.
There are a number of redemptions you can also make with the factors included with the bonus, together with:
For those who’re not focused on transferring your factors to loyalty packages, you may nonetheless rise up to 2 cents per level for choose redemptions made within the Chase Journey portal with Points Boost. Your fee relies on which redemption you select, and there’s strong worth to be discovered within the portal.
Associated: Why Chase’s Points Boost is an outstanding (kind of surprising) new way to book hotels on points
Backside line
Past its welcome bonus, the Sapphire Reserve is price a spot in your pockets due to premium perks similar to:
Having a transferable rewards credit card is likely one of the finest methods to maintain your factors secure from devaluations inside sure loyalty packages, since you may transfer your factors to a particular accomplice as quickly as you have chosen a redemption. Including the Sapphire Reserve to your pockets is a good alternative to begin constructing your transferable factors steadiness.
The present 100,000-point supply with a $500 Chase Journey promo credit score after assembly the minimal spend necessities will finish Aug. 21 at 9 a.m. EDT. For those who’d discover outsize worth on this journey credit score, now is a wonderful time to your utility.
To be taught extra, see our full review of the Chase Sapphire Reserve.
Apply right here: Chase Sapphire Reserve