The Chase Sapphire ReserveSM Card is a luxury travel card for those who are looking for high long-term value with a grandiose amount of goodies. It currently offers 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
You’ll earn 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases.
In addition, you’ll get $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year. Despite having a $450 annual fee, the Chase Sapphire ReserveSM Card may be worthwhile for those who travel often.
Chase Sapphire Reserve Card Summary
 The Chase Sapphire Reserve offers 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards. You'll earn • 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards immediately after the first $300 is spent on travel purchases annually. • 5X total points on flights • 3X points on other travel and dining • 1 point per $1 spent on all other purchases When redeeming your points for travel through Chase Ultimate Rewards, you'll get 50% more value. This card does carry a $550 annual fee and there are no foreign transaction fees. However, you're able to earn a $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year & up to $100 application fee credit for Global Entry or TSA Pre?®. Member FDIC |
Why You Should Apply for This Card
- Sign-Up Bonus: Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards.
- Earn Up to 3X Points: Earn 3X points on travel, dining at restaurants, and 1 point per $1 spent on all other purchases. Points earned on this card are worth about 1.5 cents each when redeemed through the Chase travel portal. However, if you transfer to one of Chase’s airline and hotel partners, you can get a better value as points are 1:1.
- $300 Annual Travel Credit: Each account anniversary year, you can earn $300 annual travel credit as reimbursement for travel purchases charged to your card. These credits can be used for baggage fees, Global Entry, seat upgrades, or lounge access.
- Ultimate Rewards & Transfer Partners: The Sapphire Reserve card earns you Chase Ultimate Rewards points. These are one of the most valuable credit card rewards on the market. Its value comes mostly from the list of transfer partners. You can move your points over to Chase‘s partner airline and hotel programs. All transfers are at a 1:1 ratio.
Subject to change, airline partners include:
- Aer Lingus AerClub
- Air France/KLM Flying Blue
- British Airway Avios
- Iberia Plus
- JetBlue TrueBlue
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards
- United Airlines MileagePlus
- Virgin Atlantic Flying Club
Subject to change, hotel partners include:
- World of Hyatt
- IHG Rewards Club
- Marriott Rewards
- Ritz Carlton Rewards
Other Sapphire Reserve Benefits
- No Foreign Transaction Fee: Use this card when traveling abroad without paying a foreign transaction fee to keep earning your rewards.
- Complimentary Priority Pass Select: Enjoy complimentary access to over 1,000 airport lounges internationally. Plus, get meal credits at select airport restaurants and bars through Priority Pass Select. Once you enroll, you may enter lounges for free when traveling. You can bring up to two guests free, but any additional guests must pay $27 each to enter.
- Global Entry or TSA Pre-Check Reimbursement: With TSA Pre-Check or Global Entry, you can speed through security and get to those luxurious lounges a bit quicker. The card offers reimbursement for the application fee for TSA PreCheck ($85) or Global Entry ($100) once every four years.
- Rental Car Privileges and Luxury Hotel and Resort Collection: This card has a unique partnership with 3 rental car agencies – National, Avis, and Silvercar. Although you won’t get Elite Status, you do have discounts available to you as a cardmember. In addition, the Luxury Hotel and Resort Collection offers deals on many high-end hotels and resorts around the world. When you book with them, you’ll get benefits, such as complimentary upgrades and early check-in.
- $75 for Authorized Users: Each authorized user added to this card will be charged $75 per year. Authorized users get Priority Pass Select membership and get 3X points on travel and dining purchases. However, they don’t get their own Global Entry/TSA-Pre credit or the $300 travel credit.
- Travel and Purchase Perks: This card offers additional perks, such as trip cancellation/interruption insurance, primary auto rental collision damage waiver, roadside assistant, lost luggage reimbursement, trip delay reimbursement, baggage delay insurance, and emergency medical care. For your purchases, you’ll receive price protection, return protection, extended warranty protection, and purchase protection.
Bottom Line
The Chase Sapphire ReserveSM Card has a great sign-up bonus, generous return on everyday spend, and some amazing perks. This card holds a $450 annual fee. However, to simplify things, it offers a $300 annual travel credit, so technically, you’ll be shelling out $150 per year.
For that, you get 3X points on travel immediately after earning your $300 travel credit. Then, enjoy 3X points on dining at restaurants and 1 point per $1 spent on all other purchases.
Other perks for the Sapphire Reserve card include Priority Pass membership, no foreign transaction fees, the ability to redeem points for up to 1.5 cents each through the Chase Ultimate Rewards portal, and much more.
If you don’t spend enough per year on travel and are hesitant about the $450 annual fee, I don’t recommend getting this card. Check out our full list of best Chase credit card promotions and browse our other featured credit card bonus promotions to find the one that best suits you.
The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.