Chase expands Sapphire credit card bonuses with 200K business offer and referral program

Chase has launched the Sapphire Reserve for Business card, offering a 200,000‑point Ultimate Rewards signup bonus after a $30,000 spend in the first six months. The card carries a $795 annual fee, includes a $300 annual travel credit, 4X points on flights and hotels, and additional credits such as $200 ZipRecruiter and $200 Google Workspace credits.

Separately, Chase is promoting the Sapphire Preferred with a 100,000‑point welcome bonus after $5,000 in three months and a referral program that can add up to another 100,000 points. Cardholders earn 10,000 points for each approved referral, up to ten referrals, and must report referral points as taxable income.