Link: Learn here how to apply for the Chase Sapphire Reserve
Here’s the current card_name welcome bonus: earn 60,000 bonus Chase Ultimate Rewards® points after spending $4,000 on eligible purchases within three (3) months of being approved for the card.
Because Chase Sapphire Reserve cardholders can redeem points for 1.5 cents each when booking through the Ultimate Rewards travel portal, 60,000 points alone is worth up to $900 in travel.
Plus, all Chase Sapphire Reserve cardholders may now receive a complimentary Lyft Pink All Access membership for two years. Benefits include:
- Free Priority Pickup upgrades to get picked up faster
- Member-exclusive pricing including 10% off all Lux rides
- Cancellation forgiveness, cancel up to 3 times per month for free
- In-app roadside assistance for your own car, free up to 4 times a year
- Free Grubhub+ for one year
- Free SIXT car rental upgrades
- Free, unlimited 45-min classic bike rides
- Free unlimited ebike and scooter unlocks
- Discounted ebike and scooter rates
- 3 bike or scooter guest passes per year
- A 50% discount off their 3rd year of Lyft Pink All Access membership

On top of that, Chase and Instacart teamed up this past summer to add a monthly $15 Instacart credit through July 2024. Enrollment is required. (You can do that here.) Plus, card_name members are eligible for a complimentary one-year Instacart+ membership. (Enroll here.) Not yet an Instacart member? Get $20 off your first qualifying order by using our referral link. (Thank you!)
Chase Sapphire Reserve Benefits
- $300 annual travel credit as reimbursement for travel purchases charged to the card each account anniversary year (not calendar year).
- Earn 10X total points on Lyft rides through March 2025
- 5X total points on flights and 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® (after the first $300 is spent on travel purchases annually)
- 3X on other travel (after the first $300 is spent on travel purchases annually)
- 3X on dining
- 1X on all other eligible purchases
- Redeem points for 1.5 cents when purchasing travel through Chase Ultimate Rewards® travel portal
- 1:1 point transfer to participating airline and hotel loyalty programs
- Complimentary Priority Pass™ Select membership (enrollment required)
- Up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
- Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

Keep in mind you can transfer points from your other Chase Ultimate Rewards® cards to the Chase Sapphire Preferred card. That makes them potentially worth even more.
The card carries a $550 annual fee. But considering the big welcome bonus and $300 annual travel credit, you should be able to cover that for at least a couple of years. Learn here how to apply for the Chase Sapphire Reserve.
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