As reported by multiple sources (1, 2, 3) the highest-ever offer since the initial offer when the card came out over 5 years ago on the Chase Sapphire Reserve ends at 6 PM EST on Wednesday. I've had this card since that initial offer years ago, and it helped me get here (more on that later):
Earn 80,000 bonus points with Chase Sapphire Reserve. I can be rewarded, learn more.
https://www.referyourchasecard.com/19p/9TPMRFY7N8 80k points have a TPG valuation of $1600, but the pay with points feature is one of the top reasons why I hold onto the card long after I acquired it. If you're ever going to get it, it's best to do it during a sign-up bonus.
Top Feature: Pay with Points for 1.5 Cents Per Ultimate Reward
I Transfer Points from Other Chase Ultimate Rewards Cards to my Reserve
Not counting the cards of player 2 or player 3, out of my 12 Chase cards, I have 7 Chase Ultimate Rewards earning credit cards, each of which has purchase niches: Chase Freedom x2 (rotating 5x categories) Chase Sapphire Reserve (uncapped 3x categories) Chase Freedom Unlimited (unlimited 1.5x) Chase Ink Preferred (capped 3x categories) Chase Ink Cash (capped 5x categories) Chase Ink Unlimited (unlimited 1.5x for business)
I tend to transfer all points to my Chase Sapphire Reserve so that the points can have the ability to be used for pay with points there at a 1.5 cents per point rate & be transferred to partners.
Best Transfer Partners
Pay with Points Options
How I've Used Pay with Points
Multipliers
Annual Fee, Benefits, & Credits
In an ideal world, you would only use points when getting 2 cents per point or more, but many travelers don't like that restriction, and if looking for flexibility, it's hard to beat the pay with points options of the Chase Sapphire Reserve.