Last chance: Am I eligible for the Chase Sapphire Reserve's 150,000-point bonus?

The Chase Sapphire Reserve credit card is offering a limited-time welcome bonus of 150,000 bonus points for new cardholders who spend $6,000 on purchases within the first three months of account opening. This offer is set to end soon, and according to The Points Guy's June 2026 valuations, these points are worth approximately $3,075. To be eligible for this welcome bonus, applicants must adhere to Chase's 5/24 rule, which generally means not having opened five or more new credit cards in the past 24 months; business cards are typically excluded from this count. Additionally, applicants cannot currently hold a Chase Sapphire Reserve card. Individuals who have previously received a welcome bonus on the Sapphire Reserve are unlikely to be eligible for this new offer. Even if a bonus was not received, past ownership of a Sapphire Reserve card may also disqualify an applicant. Chase reserves the right to consider an applicant's entire credit profile when determining eligibility, meaning that meeting the 5/24 rule and being a new Sapphire Reserve customer does not guarantee approval.
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