That's $900 toward travel when you redeem through Chase Ultimate Rewards®.

New members can earn 80,000 bonus points after spending $4,000 on purchases within the first three months of opening an account. Large bonus for new cardholders: Few travel cards offer a bonus as substantial as the Chase Sapphire Reserve, which partly explains the card's popularity.While the Chase portal allows points to be redeemed for cash back, gift cards, and transfers to Chase points partners, the bonus applies only if points are used to make travel purchases. That boost gives you an effective rewards rate of 4.5% on travel and dining purchases since you earn 3 points per $1 in those categories.

Points are worth 50% more for travel bought through Chase: The value of points increases from 1 cent per point to 1.5 cents per point when redeemed for travel through Chase Ultimate Rewards.Excellent point rewards for travel and dining: At 3 points per $1 spent for travel and dining purchases, this card offers one of the best rewards rates among premium travel cards-better, even, than its lower-priced sibling, the Chase Sapphire Preferred.

Sapphire reserve