Overview

• The 125,000‑point welcome bonus is described as the largest points‑only offer yet for Sapphire Reserve, replacing recent 100,000‑point plus $500 Chase Travel certificate variants.
• The card carries a $795 annual fee and features credits highlighted by $300 in annual travel, up to $500 per year for The Edit hotel bookings, up to $300 in dining at Sapphire Reserve Exclusive Tables, and up to $300 in StubHub or viagogo purchases.
• Chase Travel’s Points Boost can raise portal redemption value to as much as 2 cents per point, making the extra 25,000 points roughly comparable to the prior $500 travel certificate depending on bookings.
• Earning rates include 8x on Chase Travel portal bookings, 4x on flights and hotels booked direct, 3x on dining, and 5x on Lyft through September 2027.
• Eligibility notes include a once‑per‑lifetime Sapphire bonus policy, updated application warnings that flag bonus ineligibility, and the ability to hold multiple Sapphire products, including the new business version.