Chase Sapphire Reserve: 125,000 Points Signup Bonus (Plus 15,000 Referral)

Update: There is now a 150,000 point bonus. 

The Offer

Direct Link to offer

• The revamped Chase Sapphire Reserve is now offering 125,000 points sign up bonus after spending $6,000 within the first three months.

Card Details

• $795 annual fee, $195 authorized user fee
• Card earns at the following rates:
  • 8x points on all purchases through Chase Travel, including The Edit
  • 4x points on flights booked direct
  • 4x points on hotels booked direct
  • 3x points on dining worldwide
  • 1x points on all other purchases
• $500 credit for stays with The Edit (Two $250 credits, one January – June and one July – December); starting in 2026, it will be two $250 credits which can be used any time throughout the year (for example, you can use both $250 credits for back-to-back bookings in January); there’s also an extra $250 hotel credit for 2026
• $300 annual travel credit
• Sapphire Reserve Tables $300 dining credit (two $150 credits, one Jan-June and one Jul-Dec); see this post for tips to maximize
• Apple TV+ & Apple Music subscription
• $120 DashPass membership
• $300 DoorDash promos ($25 per month)
  • a $5 monthly promo to spend on restaurant orders and two $10 promos each month to save on groceries, retail orders, and more
• $300 in StubHub credits (Two $150 credits, one January – June and one July – December); see this post for tips and strategies to maximize the StubHub credit
• $120 Lyft Credit ($10 per month)
• $120 in Peloton credits ($10 per month)
• IHG One Rewards Platinum Elite Status through 12/31/27
• Lounge access (Priority pass and Chase Sapphire Lounge® by The Club. Primary cardholder and up to two guests)
• Global Entry, TSA PreCheck®, or NEXUS fee credit

Our Verdict

The launch offer on the newly revamped Sapphire Reserve card was 100,000+$500 travel credit. It’s now a flat 125,000 which is the highest bonus ever. The spend is slightly higher at $6,000 instead of $5,000 and it doesn’t have the $500 Chase Travel credit, but some people will still prefer the extra 25,000 points instead. This bonus is also available via referral link which gets the referrer a 15,000 points bonus. We will add this to our list of the best credit card bonuses.

No referrals in the comments below.

• Related: Chase Does Away With 48-Month Signup Eligibility In Favor Of Proprietary Eligibility Determination (‘Chase Pop Up Jail’)