The reserve has the same 4 000.
Sapphire reserve bonus points.
They will also earn 10x on select streaming services.
That s equivalent to nearly two years of the annual fee.
The chase sapphire reserve is one of chase s most popular premium cards and ordinarily has a 550 annual fee the following perks are temporarily being added to the card between july 1 and september 30 2020.
Even if you know you ll eventually want to upgrade to the chase sapphire reserve the csp offers almost double the sign up bonus.
However these new benefits might be even better than advertised.
Chase announced that starting july 1 and running through september 30 chase sapphire reserve cardholders will earn 5x bonus points for every dollar spent on purchases at gas stations and instacart grocery delivery and pickup orders.
Sapphire reserve companies face a large annual fee with few places to use the offsetting travel perks.
With the pay yourself back tool your ultimate rewards points are worth 50 more when you redeem them for statement credits against purchases in our current categories.
Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.
New cardmember offer 50 000 bonus points after you spend 4 000 on purchases in the first 3 months from account opening.
Elevated sign up bonuses on the chase sapphire cards are rare so those who are able should definitely seriously consider applying for chase s current 80 000 point sign up bonus.
New limited time chase sapphire reserve benefits.
Same page link to offer details.
Use your chase sapphire reserve 300 travel credit to help cover the cost of a hotel room.
Earn 5x ultimate rewards points with instacart on up to 3 000 of spending.
If you choose to use points and your chase sapphire reserve credit card to pay for your purchase each point will be worth 0150 but your credit card will be charged the full.
At 2 cents apiece for ultimate rewards points according to tpg valuations the 50 000 point bonus after you spend 4 000 in the first three months on the sapphire reserve is worth 1 000.
The chase sapphire preferred and chase sapphire reserve credit cards will feature new credits and bonus categories through sept.