There was so much excitement surrounding the Chase Sapphire Reserve that it’s even made it to mainstream media. One of the reason is that Chase launched the card with a monster 100,000 Ultimate Rewards points sign-up bonus. You can use those points to redeem for $1,500 worth of travel from Chase. Alternatively, you can transfer them to partners like United, Southwest, British Airways, or Hyatt at a 1:1 ratio.
To earn the bonus, you have to spend $4,000 within 3 months of account opening. This might sound like a lot of money (and it is!), but with a reward worth at least $1,500, it’s definitely worth doing.
Chase has an Ultimate Rewards page to show you the details of your account. You can redeem points, transfer them to partners, to check how much of the annual travel credit you’ve used. Apparently, Chase also shows you if your bonus is ready to post in your next statement!
This morning, I logged into my account to find that Chase has added 100,000 points to my “earning on next statement!”
Sure, you can always just add up all your spending to see where you stand, but this is a nice (and may I argue, pretty reassuring) trick to see if you’re getting your bonus soon!
If you have other Chase Ultimate Rewards cards, they will show a separate points balance. Using the portal, you can combine them into any account you wish. However, you can only transfer points to partner from a Ultimate Rewards account (Chase Sapphire Reserve, Chase Sapphire Preferred, Chase Ink, etc.)