Chase is rolling out an exclusive targeted offer for Chase Private Client members that dramatically sweetens the already-premium Chase Sapphire Reserve card. If you're part of this banking tier, you could snag 200,000 bonus points instead of the standard 125,000-point public offer.

Here's what makes this deal noteworthy. The targeted offer requires $10,000 in spending within three months (versus the public offer's $6,000 requirement), but the 75,000 additional points more than compensate for the higher threshold. At a conservative valuation of 1.5 cents per point through Chase Travel, those extra points are worth $1,125 in travel value.

The Chase Sapphire Reserve currently carries a $795 annual fee following its 2025 refresh, which added numerous statement credits but also eliminated the popular 1.5x redemption multiplier for most bookings. The card now uses Chase's Points Boost system with rotating enhanced-value offers.

Who qualifies for this targeted offer? You'll need to be a Chase Private Client, which requires maintaining $150,000 in combined balances across Chase deposit and investment accounts. If you've received the targeted email from Chase, you're eligible. Don't see it in your inbox? You're likely not part of this promotion.

The offer timing is particularly interesting given Chase's recent Reserve overhaul. The bank clearly wants to attract high-net-worth customers to offset the backlash from the annual fee increase and benefit changes. For those who can meet the Private Client requirements and have significant short-term spending planned, this represents one of the highest Chase Sapphire Reserve bonuses ever offered.

Should you jump on this? If you're already a Chase Private Client and were considering the Reserve anyway, absolutely. The 200,000 points represent serious travel value, especially if transferred to partners like Hyatt or United. However, don't open a Private Client account just for this offer unless you'd maintain those balances anyway.

Standard Chase eligibility rules apply: you can't have received a Sapphire bonus in the past 48 months, and you'll count against the 5/24 rule. If you're under 5/24 and this is your first Sapphire card, this targeted offer maximizes your bang for that valuable application slot.

For comparison, the current public offer stands at 125,000 points after $6,000 spend. That's still solid, but the Private Client bump of 75,000 extra points (requiring $4,000 more spending) delivers exceptional marginal value.

Not a Private Client member? The Chase Sapphire Preferred offers a more accessible entry point with its current 75,000-point bonus and $95 annual fee. Check out our Sapphire Reserve vs. Preferred comparison to see which card fits your travel style.

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