Chase Reserve’s 100,000-point bonus offer coming to an end

By  |  Published: January 11, 2017

Chase to end 100,000 point bonus on its Sapphire Reserve card

 

Chase to end 100,000 point bonus on its Sapphire Reserve card

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Jan. 11, 2017 is the last day to take advantage of the Chase Sapphire Reserve's * 100,000-point sign-up bonus, as Chase plans to slash the online offer in half Jan. 12.

The groundbreaking offer, which launched in August 2016, allows cardholders to earn a generous sign-up bonus of 100,000 points after spending $4,000 in the first three months. That’s equivalent to approximately $1,500 when redeemed for travel through Chase’s Ultimate Rewards program.

A Chase spokeswoman confirmed Jan. 11 is the last day to apply for the Chase Sapphire Reserve card online to earn the 100,000-point bonus.

Individuals who apply for the card at a Chase branch before March 12, 2017, can still earn the 100,000-point sign-up bonus. Applicants do not need to be current bank customers to sign up for the card at a branch.

Once the new sign-up bonus takes effect, a Reserve cardholder will earn 50,000 bonus points after spending $4,000 in the first three months – making the Reserve’s sign-up bonus the same as that of the Chase Sapphire Preferred * card.

The equivalent sign-up bonus, coupled with the Sapphire Preferred’s lower annual fee – a $95 annual fee that is waived the first year compared to the Reserve’s $450 upfront fee – may make the Sapphire Preferred card a more attractive option for some.

Cardholders looking to take advantage of the 100,000-point offer at the last minute should keep in mind that Chase has cracked down on card churning. Chase’s “5/24” rule means that applicants who have opened five new credit card accounts in the past two years most likely will not be approved for the Reserve card.

* The content on this page is accurate as of the posting date. Please see the bank’s website for the most current version of card offers.

See related: Millennials answer Reserve’s 100,000 point question, How the Sapphire Reserve changed my mind about annual fee cards


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Updated: 10-23-2017

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