For a limited time, you can earn 80,000 bonus points after spending $4,000 on purchases in the first 3 months of account membership. When redeemed through the Chase Ultimate Rewards portal, those points can be redeemed for $1,000 towards travel.

The card earns 2x points on travel and dining at restaurants and 1 point per dollar spent on all other purchases. In addition, you’ll get 25% more in value when redeeming for travel through the Chase Ultimate Rewards portal. The card does carry a $95 annual fee.

Note: In order to be eligible for this offer, you must not have any other Sapphire card and not received a new cardmember bonus for any Sapphire card in the past 48 months.

Also note that the “5/24” rule applies — You won’t be approved for the card if you have had 5 new credit lines opened in the past 24 months from *any* credit card company.

For more info or to apply for the card, see this link.

Chase’s newest Ultimate Rewards card, the Chase Sapphire Reserve is now available online. The new card comes loaded with benefits, but at a price. Most noteable among its perks is a 100,000 point signup bonus for spending $4,000 in the first three months of opening your account. But it also carries a $450 annual fee which is applied to your first statement.
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