Starting August 21, 2025, the Chase Sapphire Reserve® is offering a revamped welcome bonus for new applicants — and it’s one of the most eye-catching we’ve seen:
Earn 125,000 bonus points after spending $6,000 within the first 3 months of account opening.
Those points are part of the Chase Ultimate Rewards® program and are worth at least $1,250 when redeemed for cash back (at 1 cent per point). But savvy travelers know that booking travel through Chase or transferring points to partners can push their value even higher.
What’s New in This Offer?
Previously, new cardholders could earn 100,000 bonus points plus a $500 Chase Travel℠ promo credit after spending $5,000 in 3 months. While the new offer increases the bonus point total, it does require a higher minimum spend and no longer includes the $500 Chase Travel credit.
However, there’s a silver lining: under the new offer, you don’t need to book through Chase to unlock the full point value, making redemptions more flexible than before.
Ongoing Rewards & Benefits Remain Strong
The Chase Sapphire Reserve® continues to offer premium travel perks and elevated rewards, even with a $795 annual fee. Here’s a breakdown:
Rewards Structure
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8x points on travel booked through Chase (including flights, hotels, rental cars, cruises, and more)
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4x points on travel booked directly with airlines and hotels
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3x points on dining (including eligible food delivery)
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1x point on all other purchases
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5x points on Lyft rides (through Sept. 30, 2027)
Key Benefits
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$300 annual travel credit (automatically applied to eligible purchases)
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Priority Pass Select membership for airport lounge access
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Exclusive access to Chase Sapphire Lounges in select airports
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Transfer points to over a dozen airline and hotel partners
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TSA PreCheck, Global Entry, or NEXUS credit (worth up to $120)
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$500 annual hotel credit (two $250 credits) for stays at The Edit collection of luxury properties
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Sapphire Reserve Exclusive Tables access to hard-to-book restaurants across the U.S.
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Plus: $300 annual dining credit (two $150 credits) for use at participating Exclusive Tables restaurants
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No foreign transaction fees
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Additional luxury credits worth thousands of dollars annually
CreditVana’s Take
While the new 125,000-point offer doesn’t include a travel promo credit, it brings more redemption freedom — especially for those who don’t want to book exclusively through Chase. If you travel frequently and can maximize the premium perks, the Chase Sapphire Reserve® continues to be one of the most powerful cards on the market.
