The 150K Chase Sapphire Reserve welcome bonus is ending imminently. This is the highest public offer the card has ever seen — 150,000 Ultimate Rewards points after $6,000 spend in three months — and Chase is waving the white flag. Multiple sources peg the cutoff around mid-June 2026, with some referral links already hinting at June 14.[[1]](https://www.reddit.com/r/ChaseSapphire/comments/1tv02ix/csr_150k_offer_hinted_to_end_on_614/)[[2]](https://frequentmiler.com/chase-sapphire-reserve-new-150k-welcome-offer/)
If you’re in the market for a premium card and actually fly business class, this is the single best application window of 2026. The $795 annual fee stings less when you’re looking at real redemptions that dwarf the standard 60K–100K offers from years past.
The math is brutal in your favor. Historical bonuses topped out around 100K points. This one delivers 50% more ammunition. At conservative 2.05 cents per point, you’re looking at over $3,000 in value before the $300 travel credit even kicks in. Transfer it smartly and the effective yield climbs fast.
Hyatt remains the hotel king, even post-devaluation. The May 2026 award chart changes hurt Category 7 and 8 properties — think Park Hyatt Paris or Maldives now pushing toward 55K–75K points per night on peak dates instead of the old 35K–45K.[[3]](https://www.cnbc.com/select/world-of-hyatt-award-chart-changes/)[[4]](https://www.nerdwallet.com/travel/news/hyatt-award-chart-changes-2026) With 150K points you can still lock in three to four nights at aspirational properties if you pounce on lower-tier dates or off-peak availability. The delta versus a 100K bonus is literally another free night at a $1,200+ resort. Book those Category 7–8 awards now while inventory still exists at semi-reasonable levels.
Flying Blue business class sweet spots survived the bloodbath better than expected. Post-devaluation, Promo Rewards still deliver US–Europe one-way in Air France or KLM business for 45K–60K miles on good days. Transfer 50K–60K UR and you’re sipping champagne at 35,000 feet instead of wedged in economy. The 150K haul easily covers a round-trip plus positioning or a return in premium economy. Compared to the old 60K bonus, you’re looking at an extra transatlantic leg or two. Not bad for one application.
United Polaris to Asia and Europe is the reliable workhorse. One-way to Europe runs 70K–88K miles; Asia (especially Japan) can be had for 70K–110K on United metal or partners like ANA. Your 150K covers a round-trip to Europe in Polaris with miles left for a domestic positioning flight or a short Asia hop. Fuel surcharges on partners can bite, but United’s own metal keeps them low. It’s not the sexiest redemption, but it’s consistent and the lie-flat seat still beats the hell out of what most people experience at the front of the plane.
Aeroplan and some other partners have taken hits recently, so the outsized value has narrowed. Focus on the three above. Don’t spray points around hoping for magic — the devaluations made precision matter more than ever.
The difference between this 150K offer and the historical 80K–100K versions is one or two extra business class legs to Europe or a full extra week in a high-end Hyatt. That’s not incremental; that’s life-changing for people who actually use these points instead of letting them gather dust at 1.5 cents through the portal.
Apply today. Check for a referral from a trusted friend to potentially stack an extra bonus or two, confirm you’re under 5/24, and hit the Chase application before the window slams shut. The direct link is on Chase’s Sapphire Reserve page — the one currently screaming “OFFER ENDS SOON!” in big letters.
Don’t overthink it. This specific bonus combined with the remaining strong transfer math on Hyatt, Flying Blue, and United makes it the highest-leverage single card application you’ll see this year. Grab the points, transfer deliberately, and go somewhere that requires a passport. The seatbelt sign is about to turn off.
