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Update: 6/16/15: So I smed chase again and got the same response, denying to match to 140k. I then called Chase and got a very nice rep who tried to match it for me but was unsuccessful. It said in her system that they were only matching to 140k credit cards that were applied before April 30th. I applied May 14th. She then gave me 5k Ritz points as a courtesy and told me to try to call Ritz Rewards and ask them to replace my 2 free nights with the equivalent amount of points (probably not 140k). I did just that and the Ritz rep said she cannot do that. Blah blah.....
This really sucks <img src="http://s3.amazonaws.com/tapatalk-emoji/emoji35.png" />
Update: 3/23/15: Many recent reports of successful match to 140k offer via SM Updated link:
https://creditcards.chase.com/credit-cards/ritz-carlton-card.aspxStandard offer is for 2 free nights at Ritz Cat 1-4 which is not too bad either.
Update 2/9/15: DEAD current offer 140k bonus points +$300 airline credit annual fee 395 not waived
link
https://www.theritzcarltonrewardscard.com/offer140kTo get $300 airline credit call 1-855-896-2222
don't buy gift cards from Chase affiliated airlines (United, SW..)
As Chase may be able to see what you purchased
JetBlue seat upgrades and delta seat upgrades worked for me.
Airline GC are very YMMV as there are reports of chase asking for receipts.
(Seat upgrades are officially covered in the T & C.)