At the outset, this seems like a highly targeted offer. However, it’s probably the best offer we’ve seen for a long time on the Chase Sapphire Reserve, after we saw the initial 100,000 points bonus right after Chase launched the card launched in 2016.

Targeted Chase Sapphire Reserve Offer for 100,000 Points

Chase is targeting customers for this offer via regular mail. As per Doctor of Credit, waqaszm1 posted on My FICO Forums about a targeted offer for the card. According to this post, Chase sent this offer via mail as a ‘pre approved’ offer. Here are some of the details we have:

  • 100,000 Ultimate Rewards points welcome bonus after spending $10,000 (time to meet minimum spend requirement wasn’t posted, but I’m assuming it could be three months)
  • Annual fee waived for the first year for the primary cardmember and up to two authorized users

As per the original post, the user reported to already having a credit line of up to $1 million, as well as $50,000 in a Chase Checking Account.

Public Offer

The million dollar question is whether we’ll see a 100,000 points offer available to the public very soon. Looking at this offer, it seems largely unlikely given the income and deposit levels for which this offer was targeted. Also, there are other restrictions like the One Sapphire Rule, 2/48 and 5/24 already in place.

If you’re eligible, then you can apply for the Chase Sapphire Preferred instead. The card comes with a $95 annual fee and is currently offering a limited time welcome bonus of 80,000 Ultimate Rewards Points after your spend $4,000 in the first three months. However, are you eligible? Check out this post to find out.

The Pundit’s Mantra

Overall, this seems like an offer that is more likely to go out to a very small subset of individuals above a certain income or deposit threshold. However this is 2020 and I’d love Chase to prove me wrong and roll this offer out to more prospective customers.

Hat Tip to Doctor of Credit


The Points Pundit loves these newly relaunched Chase credit cards!

Firstly, they offer you a 0% APR for the first 15 months.

Secondly, they have no annual fee and have a lucrative welcome bonus of $200 or 20,000 Ultimate Rewards points after you spend $500 in the first 3 months.

Moreover, you can earn up to 60,000 Ultimate Rewards bonus points in the first year if you maximize the bonus points categories.

They’re packed with brand new benefits and bonus points categories.

Overall, a great option to carry in your wallet for everyday spend!

Apply Now

(Chase’s 5/24 rule may apply to this card as well as other Chase cards)


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Disclosure: The Points Pundit receives NO compensation from credit card affiliate partnerships. Support the blog by applying for a card through my personal referral links. This article is meant for information purposes only and doesn’t constitute personal finance, health or investment advice. Please consult a licensed professional for advice pertaining to your situation.