In 2025, we saw the introduction of the Sapphire Reserve for Business℠, which is Chase’s new premium business card. While the card has a steep annual fee, it also has strong perks, plus a massive welcome bonus. In this post, I’d like to recap the details of the welcome offer that’s available on this card, as it continues to be excellent.
Link: Learn more about the Sapphire Reserve for Business℠
What is the current Chase Sapphire Reserve Business welcome bonus?
The Chase Sapphire Reserve Business currently has a welcome offer of 150,000 Chase Ultimate Rewards after spending $20,000 within the first three months.
Personally, I value Ultimate Rewards points at 1.7 cents each, so to me, the points are worth $2,550. Admittedly, the spending requirement is big, but so is the bonus.
Note that this is the best publicly available bonus at the moment. However, historically the highest offer we’ve ever seen on the card has been for 200,000 points. It’s anyone’s guess if/when that offer returns.
Who is eligible for the Chase Sapphire Reserve Business bonus?
When it comes to applying for the Chase Sapphire Reserve Business, eligibility is unrelated to that of any other Chase Sapphire or Chase Ink card. That means if you’re eligible for business credit cards, you should be eligible for the welcome offer on this card, making this offer pretty widely available.
Keep in mind the general rules of applying for Chase cards, including the 5/24 rule (though there are increasingly reports of people being approved in spite of being over the 5/24 limit). If you’re trying to understand general Chase business card restrictions, the Chase Ink cards probably give you the best sense of what you can expect in terms of eligibility.
Is the Chase Sapphire Reserve Business worth it?
The $795 annual fee Chase Sapphire Reserve Business is a pretty compelling business card, with a great rewards structure. The card has the following perks, among other things:
- The Sapphire Reserve Business has an up to $300 annual travel credit, that can automatically be applied to any purchase coded as travel; this should basically be worth face value to anyone who has the card
- The Sapphire Reserve Business offers a Priority Pass™ Select membership, as well as access to Chase Sapphire Lounges (which are some of the best credit card lounges you’ll find anywhere)
- The Sapphire Reserve Business offers other valuable annual credits, including up to $400 in ZipRecruiter credits, up to $200 in Google Workspace credits, up to $100 in Giftcards.com credits, and more
- The Sapphire Reserve Business has a lucrative rewards structure — earn 8x points on Chase Travel℠ bookings, 4x points on flights and hotels booked direct, 3x points on advertising purchases made via social media sites and search engines, and 1x points on all other purchases
- The Sapphire Reserve Business has great travel protection, including for delayed flights, lost bags, rental cars, and more
- The Sapphire Reserve Business acts as a good “hub” card for Chase Ultimate Rewards, and lets you maximize the other cards in the portfolio, including the ability to transfer points to Chase travel partners
- The Sapphire Reserve Business offers a Global Entry, TSA PreCheck, or NEXUS credit, once every four years
- The Sapphire Reserve Business offers a good incentive for spending, because if you spend $120,000 per year on the card, you receive IHG One Rewards Diamond status, Southwest Rapid Rewards A-List status, a $500 Southwest credit, a $500 Shops at Chase credit, and more
Read a full review of the Sapphire Reserve Business here.
Chase Sapphire Reserve Business welcome bonus FAQs
The Chase Sapphire Reserve Business is currently offering a welcome bonus of 150,000 Ultimate Rewards points upon completing minimum spending, which is an excellent bonus that I value at ~$2,550.
Based on current rules, the biggest restriction to be aware of is that you’re not eligible for the Chase Sapphire Reserve Business welcome bonus if you’ve had this card in the past. However, bonus offer eligibility is unrelated to whether you’ve had any other Chase credit card, including any other business or personal card.
Chase has the 5/24 rule, whereby you may not be eligible for a new card if you’ve opened five or more new card accounts across issuers (with some exclusions) in the past 24 months. While Chase does still seem to use the 5/24 rule for some, it’s not consistently applied nowadays, so it’s a case of “your mileage may vary.”
Eligibility for the Chase Sapphire Reserve Business (including the welcome bonus) is unrelated to whether you have or have had any Chase Ink Business cards.
There’s no published end date for the current Chase Sapphire Reserve Business welcome bonus.
Bottom line
The Chase Sapphire Reserve Business has a strong welcome bonus of 150,000 Ultimate Rewards points upon completing minimum spending. While it’s not the best bonus we’ve ever seen on the card, it still is quite compelling.
While this card has a steep annual fee, it also offers strong perks, so I’m sure many people will have no issues justifying this annual fee. However, the card definitely won’t be for everyone.
Do you plan on picking up the Chase Sapphire Reserve Business with 150K bonus points?
