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Don’t Hold Your Breath for Another Chase Sapphire Reserve 100K Bonus

chase sapphire reserve

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Chase set the travel rewards credit card world on fire when it released the Chase Sapphire Reserve in 2016 with a 100,000-point welcome bonus. And miles fiends have been crossing their fingers for the return of that huge bonus ever since it disappeared.

But that’s always been a long shot. And a top Chase executive recently confirmed to The Points Guy on his new podcast, Talking Points, that those days are over.

“Probably not,” JPMorgan Chase chief marketing officer Kirstin Lemkau said. “That was a launch thing.”

While it’s not a surprise, this will certainly be disappointing news to many travelers. Getting 100,000 Chase Ultimate Rewards points in one fell swoop is alluring, as Ultimate Rewards points are the most versatile and valuable in the world of miles and points. That’s a big part of the reason why we’ve named the Chase Sapphire Reserve our #1 travel rewards credit card.

Points from a Chase Sapphire Reserve are worth 1.5 cents apiece when booking travel directly through Chase. That means the 50,000-point sign-up bonus you earn after spending $4,000 in the first 3 months is worth $750 in travel.

However, you can also transfer to nine airlines and three hotel chains, a great way for more advanced users to get far more than $750 of value out of their points.

 

 

Click Here to get more information on the Chase Sapphire Reserve

 

Our Analysis

Chase launched the Sapphire Reserve card in 2016 with little fanfare or advertising. Chase relied on the 100,000-point sign-up bonus and rich set of travel perks to do that work for them. And that’s just what happened.

Fast forward two years, and it’s not a big surprise to hear a top Chase executive say that that big bonus won’t return to their top-tier card. The company’s plan to make a splash and putting the Chase Sapphire Reserve on the map succeeded.

So now, there’s not much reason for Chase to offer such a lucrative welcome bonus. American Express ups the ante a bit with a standard 60,000 point offering on the The Platinum Card from American Express. And some new Amex user may qualify for a 100,000-point bonus through the CardMatch tool, but that’s about it.

It appears that roughly 50,000 points is the standard now in the premium travel rewards card realm. Don’t count on that changing anytime soon.

 

Bottom Line

If you’ve been holding out for the return of a 100,000-point sign-up bonus on the Chase Sapphire Reserve, it’s time to give up the ghost.

 

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Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

3 Responses

  1. My husband and I both got the Reserve card and enjoyed the 100,000 points sign-up bonuses. But the other perks the card offers have really paid off, too, especially the travel insurance. We filed a claim for trip cancellation this year and got paid every. single. penny. It took a while but the check was good! Love the Reserve card (which I cancelled at renewal time, as one Reserve card is enough for us.)

  2. Steven says:

    Anyone that wants a Sapphire Reserve isn’t waiting for a sign up bonus. They are waiting for 5/24 to fall off.

    • JUSTIN K. THOMAS says:

      True. But, the 100K will eventually come back. Wait till the next big recession; which we may be on the cusp of, considering how inflated the US money supply is.

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