Chase Sapphire Reserve®: May 2026 Limited-Time 150,000-Point Welcome Offer (Expired)
In May 2026, The Chase Sapphire Reserve® offered a limited-time welcome bonus of 150,000 points after $6,000 in spending within 3 months. The points were worth at least $1,500 and potentially up to $3,000 toward travel. This offer has expired.
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⚠️ Update – November 4, 2026: This offer has expired. The limited-time 150,000-point bonus described below is no longer available.
Current offer: The Chase Sapphire Reserve® now offers 100,000 bonus points after spending $6,000 in the first 3 months, with a $795 annual fee.
The Chase Sapphire Reserve® featured an elevated limited-time welcome offer in May 2026, allowing new cardholders to earn 150,000 bonus points after spending $6,000 within the first 3 months of account opening. Depending on how the points were redeemed, the bonus could be worth at least $1,500 and potentially up to $3,000 toward eligible travel through Chase Travel℠ with select Points Boost offers.
This promotion has since expired, but it remains notable for its unusually large welcome bonus and potential redemption value. Here’s a look at the offer, how the bonus worked, and what made it valuable.
The Value of the Bonus
The value of the 150,000-point welcome bonus depended on how cardholders choose to redeem their Chase Ultimate Rewards® points. Redemption options included cash back, gift cards, travel bookings through Chase Travel℠, transfers to participating airline and hotel loyalty programs, and Pay with Points for eligible products or services. Eligible Chase cardholders could also combine points earned across qualifying Ultimate Rewards® accounts.
When redeemed for cash back, gift cards, or travel, each point is generally worth 1 cent. That means:
- 100 points = $1
- 150,000 points = $1,500 in redemption value
Depending on the redemption method, your points may be worth more or less than 1 cent each.
Up to 2X with Points Boost
Points Boost gave eligible cardholders the opportunity to increase the value of their points when booking eligible travel through Chase Travel℠. With select Points Boost offers, 100 points may be worth up to $2 instead of the standard $1 value, meaning 150,000 points could be worth as much as $3,000 toward travel.
Points Boost promotions are available on select flights and hotel bookings and are identified by the Points Boost tag and rocket icon within Chase Travel℠. These promotional offers are refreshed periodically and may change over time, so the actual redemption value depended on the available offers at the time of booking.
Chase Sapphire Reserve® – May 2026 Offer
- 150,000 points (Historical welcome offer – expired)
Offer details:
- Welcome bonus: 150,000 points
- Spending requirenment: $6,000
- Spending period: 3 months
- Standard redemption value: $1,500
- Potential Points Boost value: Up to $3,000
Historical offer detail; not currently available.
For the latest welcome offer, current benefits, annual fee, and full card details, visit our Chase Sapphire Reserve® review
Final Thoughts
The May 2026 Chase Sapphire Reserve® welcome offer was one of the card’s most notable promotions, featuring 150,000 bonus points after $6,000 in purchases within the first 3 months. With select Points Boost opportunities, the bonus could provide up to $3,000 in travel value through Chase Travel℠.
Although this limited-time offer has expired, the Chase Sapphire Reserve® remains a premium travel credit card with airport lounge access, annual travel credits, flexible Ultimate Rewards® redemption options, and travel protections.
It’s $795 annual fee makes it best suited for freaquent travelers who can take advantage of its benefits. If you’re considering this card, visit our Chase Sapphire Reserve® review to explore its current welcome offer, rewards, annual fee, and benefits.
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