Chase Sapphire 60,000 Points Offer: Worth $900 + in Travel

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The new reward of 60,000 points on the Chase Sapphire Reserve Card is worth at least $900 in travel.

Crystal Cox


  • The Chase Sapphire Reserve® has launched an additional welcome bonus offer.
  • New cardholders can earn 60,000 bonus points after spending $4,000 on purchases in the first three months of account opening.
  • This reward is worth $900 on travel booked through Chase, and possibly more when you transfer points to airline and hotel partners.
  • Read Insider’s guide to the best travel rewards credit cards.

Expensive premium credit cards with lavish features are not for everyone. But if you’re a frequent flyer and can use valuable perks like airport lounge access, data credits, and first-class travel protection, they could be worth a lot more than their annual fee.

One of the most rewarding premium cards on the market, Chase Sapphire Reserve® now offers a high reward of 60,000 bonus points after you spend $4,000 on purchases in the first 3 months of account opening. That’s 10,000 more points than the standard offer, and it’s worth at least $900 in travel, depending on how you redeem your rewards.

Based on Insider reviews, Chase Ultimate Rewards® points are worth an average of 1.8 cents each when transferred to Chase’s airline and hotel partners, making this reward worth approximately $1,080 in travel.

Keep in mind that Chase Sapphire Reserve® has an annual fee of $550, so it’s not for the average traveler. Here’s what to consider if you’re considering applying.

Here we focus on the rewards and perks that come with each card. These cards won’t be worth it if you’re paying interest or late fees. When using a credit card, it is important that you pay your balance in full each month, make payments on time, and only spend what you can afford to pay.

Chase Sapphire Reserve Bonus Offer 60,000 Points

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  • New offer: Earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months of account opening. This is $900 for travel when redeemed through Chase Ultimate Rewards®
  • $300 annual travel credit in compensation for travel purchases charged to your card on each account anniversary.
  • Earn 5 times total points on air travel and 10 times total points on hotels and car rentals when you purchase travel with Chase Ultimate Rewards® once you spend your first $300 on travel purchases annually. Earn 3x points for travel and other food and 1 point for every $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel with Chase Ultimate Rewards®. For example, 60,000 points equal $900 to travel
  • With Pay Yourself Back℠, your points are equal to 50% more during the current offer when you redeem them against statement balances against purchases located in selected rotating categories.
  • Transfer 1:1 points to airline and leading hotel loyalty programs
  • Access to over 1,300 airport lounges worldwide after easy one-time enrollment in Priority Pass™ Select and credit up to $100 in application fee every four years for Global Entry, NEXUS or TSA PreCheck®
  • You can count on trip cancellation/interruption insurance, car rental accident damage waiver, lost baggage insurance and more

When Chase Sapphire Reserve® first launched in 2016, it came with an (unheard of) bonus offer of 100,000 points. This deal was eventually replaced by a standard bonus offer of 50,000 points after spending requirements were met, but we have occasionally seen an increase in the current 60,000 points after you spent $4,000 on purchases in the first three months of account opening.

However, the card’s less expensive sister, the Chase Sapphire Preferred® Card, also has a welcome bonus of 60,000 bonus points after spending $4,000 on purchases in the first three months of account opening. It charges an annual fee of $95, so for occasional travelers, it’s a much better deal.

You may be wondering why you spend more than 5 times a year on Chase Sapphire Reserve®. For some customers, flaunting a premium card makes more sense if you can maximize its benefits and better win rates.

The annual fee for the Chase Sapphire Reserve Fund is actually $250

Off the bat, Chase Sapphire Reserve® comes with $300 in travel statement credits per cardholder year—effectively reducing the net cost to $250 annually ($550 annual fee-$300 travel statement credit).

Chase’s definition of travel is very broad, and includes:

  • Airlines (including airline tickets, baggage fees, taxes and fees on award tickets and most other incidental charges)
  • Hotels (including room rate, resort fees, taxes, and fees for stays granted – and in practice, some vacation rentals, like Airbnb, will take credit as well)
  • motels
  • time sharing
  • Car rental agencies (including third-party sites such as Autoslash)
  • cruise lines
  • Travel agencies (including online travel agencies such as Chase Travel Portal, Orbitz, and Expedia)
  • Discount travel sites (eg Hotwire)
  • Campgrounds
  • Passenger trains (including subways)
  • Buses (including local transportation)
  • Taxis (including mass transit services like Uber and Lyft)
  • limousines
  • ferries
  • Traffic bridges and highways (including prepaid tolls such as E-Zpass and SunPass)
  • Parking and garages

To redeem travel credit, simply use your card to pay for eligible travel purchases. You will receive an account statement within two days of the transaction, up to a maximum of $300 annually.

Sapphire Reserve cardholders get access to the airport lounge

Chase Sapphire Reserve® cardholders receive a free Priority Pass Select membership that gives them access to more than 1,300 airport lounges worldwide. This feature is invaluable if you are a frequent flyer, especially if your home airport has Priority Pass lounges.

Having a comfortable, quieter place to relax before or between flights can make your travel experience more bearable, as well as save you from having to spend a lot of cash on expensive food and drinks at the airport. You are also allowed to bring up to two guests with you for free.

Cardholders will also soon have access to Chase Sapphire lounges, scheduled to open later this year and 2023 at several airports, including:

  • New York LaGuardia – Building B
  • Boston – Terminal B to C connector.
  • Hong Kong – Building 1
  • San Diego (SAN) – Terminal 2 West
  • Phoenix (PHX) – Terminal 4 South 1
  • Las Vegas (Las Vegas) — 1C Gates Station

You’ll earn up to 10x points on your spend

Chase Sapphire Reserve® is ideal if you spend a lot on certain categories, especially travel. The card earns up to 10x points on eligible travel purchases, which very few other cards come close to. Cardholders earn:

  • 10x points on Lyft flights through March 2025
  • 10X Points on Chase Dining purchases through Chase Ultimate Rewards
  • 10X Points on hotel stays and car rentals purchased through Chase Ultimate Rewards
  • 5x points on air travel purchased through Chase Ultimate Rewards
  • 3 times the points on other travel trips (after obtaining a travel credit of $300) and dining
  • 1 point per dollar on everything else

However, if your typical expenses do not fit into these categories, you may want to consider other options. You can find comparisons to other popular premium cards in our Chase Sapphire Reserve review.

The Chase Sapphire Reserve increases the value of your Chase Points

If you already have other Chase cards that earn Chase Ultimate Rewards points, including non-annual fee cards like Chase Freedom Flex℠ and Chase Freedom Unlimited®, you can combine your points into a Chase Sapphire Reserve® account and unlock better redemption options.

Points in Chase Sapphire Reserve® are worth 1.5 cents per piece when redeemed for travel booked through Chase or for eligible purchases through Pay Yourself Back. For comparison, you’ll only get 1.25 cents worth per point for the same redemptions with the Chase Sapphire Preferred® Card.

It’s hard to beat the travel and purchase protection offered by the reserve

Chase Sapphire Reserve® has some of the best travel insurance and purchase coverage for any existing card, premium or otherwise. When you use your card to pay, you will receive protection that includes:

We hope you never have to use any of these benefits, but if you do, you could end up saving a massive amount of money.

However, Sapphire Preferred travel insurance has many of the same features, albeit sometimes with a lower coverage limit. If you are trying to decide which Sapphire card is best for you, take a look at our comparison of Sapphire Reserve and Preferred for a closer look at the differences.

Chase Sapphire Reserve app limitations

Like other Chase cards, Chase Sapphire Reserve® is subject to application restrictions, most notably the Chase 5/24 rule. If you’ve opened more than five new credit cards in the past 24 months — from any bank, except for some small business cards — you won’t be approved.

There are also rules for Chase Sapphire cards:

  • You can only get one Sapphire Card at a time – so if you already have a Chase Sapphire Preferred® Card or Chase Sapphire Reserve® is open, you are not eligible for this offer
  • If you’ve won a reward from any of these cards in the past 48 months (even if the card is now locked), you’ll also have no luck

There are plenty of other premium travel credit card offers to consider if you don’t qualify for the Chase Sapphire Reserve®, including some lofty welcome bonuses.

If you are looking to earn Flexible Points, the Citi Premier® Card with its introductory bonus of 80,000 additional ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening is well worth considering, and if you are looking for a premium card, It’s hard to beat the current offer to earn 100,000 Membership Rewards points after spending $6,000 in the first 6 months of card membership with your American Express Platinum Card

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