Chase Sapphire Reserve Drops a Record 150,000-Point Bonus

If you’ve been waiting for the right moment to apply for a premium travel card, this might genuinely be it. Chase just launched a 150,000-point welcome bonus on the Sapphire Reserve — the highest offer the card has ever carried — and at a value of over $3,000, it’s turning heads even among people who normally roll their eyes at $550 annual fees.

What Makes This Offer Different

Welcome bonuses on premium travel cards come and go, but 150,000 points is a number that stops you mid-scroll. This is a record-high offer for the Sapphire Reserve, and The Points Guy flagged it as potentially the best offer the card has ever seen. For context, the bonus alone is worth over $3,000 when redeemed through Chase’s travel portal — that’s more than five times the annual fee, just from the sign-up bonus.

The offer is limited-time, so if you’ve been on the fence, now is when it matters. [AFFILIATE:cardratings]

Who Should Actually Apply

Let’s be honest: the $550 annual fee makes this a card you need to use, not just carry. It’s the right fit if you check a few boxes:

• You fly at least a few times a year. Families heading home for the holidays, planning Gulf Coast beach trips, or making summer pilgrimages to see relatives across the South will rack up points fast. Delta and Southwest are both popular redemption options in this region, and Chase points transfer to both.
• You book hotels through credit card portals. Premium cards like this one tend to reward travel booked through their platforms, stretching your points further.
• You spend on dining and travel regularly. The card earns elevated points on both categories, so if your summer involves road trips, restaurant stops, and the occasional flight, the math starts working in your favor pretty quickly.
• You can hit the minimum spend requirement. Welcome bonuses always come with a spending threshold to unlock the points. Factor that in before you apply — don’t manufacture spend just to chase a bonus.

The $550 Question

Here’s the honest version: this card pays for itself if you travel, but it’s not the right call for someone who rarely flies or books hotels. If your idea of a vacation is a cabin two hours from home, a no-annual-fee cashback card probably treats you better.

For comparison, the Discover it deal currently featured on our site offers straightforward cashback with no annual fee — a simpler option if rewards travel isn’t your thing.

But if you’re a Southern family with summer flights to book, a reunion on the calendar, or Gulf Coast plans in the works? A $3,000+ bonus on a card you’d already use is hard to walk away from.

The Bottom Line

This is the kind of offer that pops up once and then disappears. A 150,000-point record bonus on one of the most recognized travel cards in the country is worth at least a 10-minute read before it’s gone.

Ready to see if you qualify? Check the current offer and terms before applying. [AFFILIATE:cardratings]

Offers change frequently — verify current terms and minimum spend requirements before applying.