Chase Sapphire Reserve 150,000 Bonus Points Offer Review

The Chase Sapphire Reserve® is currently offering up to 150,000 bonus points, making it one of the best premium travel credit card offers in the United States right now. The bonus requires $6,000 in spend in the first 3 months and has a $795 annual fee.

This card definitely comes with a high annual fee, but it also includes a huge list of travel, dining, and lifestyle credits that can easily offset the cost for people who live full-time in the U.S. and travel regularly.

Personally, I spend a lot of time overseas, so I do not fully maximize all the benefits. However, for someone based in the United States, this offer can provide excellent value — especially if you know how to use Chase points strategically.

Why I Like Chase Points: Hyatt Transfers

My favorite use of Chase Ultimate Rewards® points is transferring them directly to Hyatt for hotel stays.

In my experience, Hyatt consistently offers some of the best hotel redemption values compared to other loyalty programs. I regularly use Chase points for:

• Luxury Hyatt hotels

• Resort stays

• International properties

• Expensive hotel nights that would otherwise cost hundreds of dollars

For travelers who value hotel stays, Hyatt transfers are one of the strongest reasons to consider the Chase Sapphire Reserve®.

Key Chase Sapphire Reserve Credits & Benefits

$300 Annual Travel Credit

One of the easiest premium travel credits to use. Chase automatically reimburses eligible travel purchases including:

• Flights

• Hotels

• Uber/Lyft

• Parking

• Rental cars

$300 OpenTable Dining Credit

Receive:

• Up to $150 statement credits from January–June

• Another $150 from July–December

Valid at restaurants participating in Sapphire Exclusive Tables on OpenTable. Not as many restaurants as the Amex dining Credit...

DoorDash Benefits

Cardholders receive:

• Complimentary DashPass membership (12 months)

• Up to $25 monthly DoorDash credits (split into multiple credits, not that easy to use.

$300 StubHub

Get:

• Up to $150 credits January–June

• Another $150 July–December

Useful for concerts, sporting events, and entertainment purchases.

Apple TV+ & Apple Music

Complimentary subscriptions worth up to $288 annually.

Lyft Credits + 5x Points

Receive:

• Up to $10 monthly Lyft credits

• 5x total points on Lyft rides

Peloton Credits

Includes:

• $10 monthly Peloton statement credits

• 10x points on eligible Peloton purchases over $150

The Edit Hotel Credit

Receive:

• $250 bi-annual hotel credits through The Edit

• Requires a minimum 2-night stay

This benefit is somewhat similar to Amex Fine Hotels & Resorts, although with fewer participating hotels and the required 2-night minimum.

Is the Chase Sapphire Reserve® Worth It?

For me personally, probably not long term because I spend too much time overseas to maximize all the U.S.-focused credits.

But if you:

• live in a major city in the United States where you can use the dining credits

• travel regularly,

• dine out often,

• use rideshare and delivery apps,

• and transfer points to Hyatt,

then the value can easily outweigh the annual fee. For the first, year, with 150,000 bonus points, it is definitely worth it if you can use a few of the credits.

How to apply for this bonus offer:

If you are interested in the current Chase Sapphire Reserve® welcome offer, you can apply using my family member’s referral link below which is currently for the 150,000 bonus points after $6000 in spend in the first 3 months with a $795 annual fee

Apply for the Chase Sapphire Reserve® Here

I value Chase points at a minimum of 1.25 cents per point making this sign-up bonus worth a minamum $1875. You can offset the annual fee with the credits, making this a net profit of $1875! One of the best deals at the moment.

Chase has changed the language on this card, so if you had it in the past (like I have); you might not be eligible to get the bonus again in the future.