Chase Sapphire Reserve card overview: Full particulars

Chase Sapphire Reserve Card overview

The Chase Sapphire Reserve® (see charges and costs) is without doubt one of the finest rewards bank cards of all time. This card earns extremely worthwhile Final Rewards factors that may be transferred to resort and airline companions or redeemed to e book journey via Chase Journey℠ at a worth of as much as 2 cents per level, relying on the cardboard and the particular redemption (see your rewards program settlement for full particulars). Add in a number of assertion credit, an annual journey credit score, airport lounge entry and a litany of different perks, and this card is assured to improve your journey life-style. Card ranking*: ⭐⭐⭐⭐½

*Card ranking relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

The Chase Sapphire Reserve, one of many high premium rewards bank cards, has undergone a serious refresh, together with a brand new card design that weighs in at 19.6 grams. The refresh introduced extra assertion credit, modified earnings, different new advantages and a forty five% annual charge enhance from $550 to $795.

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Chase Sapphire Reserve® — Earn 100,000 bonus factors plus a $500 Chase Journey℠ credit score after spending $5,000 on purchases within the first three months from account opening (see charges and costs).

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This annual charge is $100 greater than that of The Platinum Card® from American Categorical ($695 annual charge; see charges and costs) and $400 greater than that of the Capital One Enterprise X Credit score Card ($395 annual charge) — although this may nonetheless be value it given the slew of advantages it gives.

We suggest a credit score rating of at the very least 670, nevertheless it’s not exceptional to get accepted with a decrease rating. In order for you premium advantages, the Sapphire Reserve might nonetheless be an important choice for you, even with its steep annual charge.

Let’s take a look at the options that proceed to make it such a lovely journey bank card and one which has earned a everlasting spot in lots of TPG staffers’ wallets.

Chase Sapphire Reserve execs and cons

Chase Sapphire Reserve welcome provide

Proper now, new candidates for the Chase Sapphire Reserve can earn a welcome bonus of 100,000 factors plus a $500 Chase Journey credit score after spending $5,000 within the first three months from account opening.

Be aware that the phrases for the journey credit score state: The promotional credit score is legitimate for a one-time use solely, for those who apply the promotional credit score to a transaction lower than $500, you’ll forfeit the remaining steadiness.

TPG’s June 2025 valuations peg Chase Final Rewards factors at 2.05 cents apiece, making the present welcome bonus value as much as $2,550. This could cowl the annual charge of $795 greater than thrice.

That is the all time welcome provide we have seen on this card, making now the right time to use.

Nonetheless, it is necessary to maintain Chase’s utility restrictions in thoughts, particularly relating to the Sapphire playing cards. Due to Chase’s 5/24 rule, you will wish to apply for Chase playing cards first earlier than turning to different issuers. That is why choosing the right Sapphire product on your state of affairs is crucial.

When you can maintain each the Chase Sapphire Most popular® Card (see charges and costs) and the Sapphire Reserve, for those who’ve acquired a bonus on a Sapphire product up to now, you are possible now not eligible for a bonus on that very same card once more.

When making use of, earlier than you submit your utility, a pop-up will let you know for those who’re eligible for a welcome bonus.

Associated: The very best welcome gives of the month

Chase Sapphire Reserve advantages

The Chase Sapphire Reserve has myriad advantages that enchantment to vacationers. It is necessary to notice that with this refresh of the Sapphire Reserve, present cardholders won’t have entry to any new advantages and perks till Oct. 26.

Annual journey credit score

One of many greatest perks of the cardboard is the $300 annual journey credit score. Chase will robotically credit score your account $300 whenever you use it to make eligible purchases, which cowl all kinds of journey suppliers:

Retailers on this [travel] class embrace airways, motels, motels, timeshares, automotive rental businesses, cruise strains, journey businesses, low cost journey websites, campgrounds and operators of passenger trains, buses, taxis, limousines, ferries, toll bridges and highways, and parking tons and garages.

This perk alone lowers your efficient annual charge to only $495.

Among the best issues about this credit score is how versatile it’s. It could actually cowl quite a lot of journey purchases as much as $300, together with airline tickets, resort reservations, cruise reservations and rather more. This can be a favourite perk of many TPG staffers who’ve the Sapphire Reserve.

Different assertion credit

The Sapphire Reserve additionally comes with a large number of different helpful life-style assertion credit. These embrace:

• As much as $500 in annual The Edit credit score: Cardholders obtain $250 biannually to make use of on The Edit through Chase Journey reserving. This credit score has me intrigued, as I can nonetheless earn and obtain resort loyalty standing advantages although I am reserving via a web based journey company. I have a tendency to remain at Marriott properties more often than not, and plenty of are on The Edit, so it will likely be good that I can use this credit score to cowl my keep. Plus, my Titanium Elite standing advantages would possible kick in and earn me elite nights and factors.
• As much as $300 in annual StubHub and Viagogo credit score: Cardholders obtain as much as $150 biannually to make use of on occasion tickets at StubHub. I would simply use this perk, as I attend a number of concert events and sporting occasions annually, and StubHub is without doubt one of the largest on-line ticket platforms.
• As much as $300 in annual eating credit score at Open Desk: Cardholders obtain prime-time reservations at Sapphire Reserve Unique Tables; no prepayment or fee via Open Desk is required.
• As much as $300 in annual promos with DoorDash: Cardholders obtain as much as $25 in month-to-month promos with two $10 nonrestaurant promos and one $5 restaurant promo. Plus, obtain a complimentary DashPass membership for at the very least one yr, value $120, and revel in $0 supply charges and decrease service charges on eligible orders. (Should activate by Dec. 31, 2027.)
• As much as $250 yearly in complimentary Apple TV+ and Apple Music subscriptions: This perk alone has me contemplating making use of for the cardboard, given I already pay for and use these companies each day. Apple Music has over 33 million subscribers within the U.S., so this must be one of many simpler credit for many cardholders to make use of. (One-time activation per service via chase.com or the Chase Cellular app required.)
• Up to $120 in annual in-app Lyft credit: Cardholders obtain as much as $10 every month; the credit score doesn’t apply to Wait & Save, bike or scooter rides. (By way of Sept. 30, 2027.)
• As much as $120 in World Entry, TSA PreCheck or Nexus credit score: Cardholders obtain an utility charge credit score each 4 years. My choose is World Entry because it consists of PreCheck, in order that’s the most effective worth on your cash.
• As much as $120 in Peloton credit score: By way of Dec. 31, 2027; activation required.

In case you absolutely use all of those credit and advantages, the worth you will get totals over $2,000.

Lounge entry

Sapphire Reserve cardholders get entry to Chase Sapphire Lounges and Precedence Go lounges (excluding eating places) for themselves and as much as two friends. There are at the moment eight Sapphire lounges, with three extra lounges set to open.

Moreover, cardholders obtain entry to over 20 Air Canada Maple Leaf lounges when touring on a Star Alliance airline.

Licensed customers obtain the identical airport lounge entry on their very own, although you will pay an additional annual charge of $175 for every extra cardholder.

The Precedence Go community consists of over 1,700 lounges, each within the U.S. and overseas.

Resort advantages

Sapphire Reserve cardholders will obtain computerized IHG One Platinum elite standing via Dec. 31, 2027. This standing tier comes with perks like 60% bonus factors on IHG stays, complimentary upgrades (topic to availability), early check-in, 2 p.m. late checkout (topic to availability) and Hertz 5 Star standing.

Moreover, when reserving a resort through The Edit, cardholders will obtain a $100 property credit score and advantages like free breakfast.

Visa Infinite perks

As a result of the Sapphire Reserve is a Visa Infinite card, you will obtain the perks that come together with this system. Highlights embrace major rental automotive insurance coverage, journey cancellation and delay protection, misplaced baggage reimbursement, a concierge service, and entry to the Luxurious Resort Assortment.

Moreover, when overseas, you will pay no overseas transaction charges.

Unlockable advantages

Moreover, Reserve cardholders will be capable to unlock much more premium advantages after spending $75,000 or extra in a calendar yr. These advantages embrace:

• IHG Diamond standing
• Southwest Airways A-Record standing
• $500 Southwest assertion credit score (flights should be booked via Chase Journey)
• $250 annual The Retailers credit score (The Retailers is a web based market from Chase the place you should use your factors to purchase objects from well-liked manufacturers like Dyson and Sony)

Whereas these advantages are good for those who can spend $75,000 in your card organically, I would not exit of my option to meet the spending requirement. You possibly can qualify for IHG Diamond standing by staying 70 nights at IHG motels or spending $40,000 on an IHG bank card. In the meantime, to qualify for Southwest A-Record standing, you simply must take 20 one-way flights or earn 35,000 tier qualifying factors.

Relying on what motels and flights you e book, each of those choices might work out to be lower than the $75,000 in spending wanted to unlock these advantages on the Chase Sapphire Reserve.

Moreover, for those who can meet the spending requirement, the additional assertion credit are good, however once more, I would not exit of my option to attempt to earn them.

Associated: The facility of the Chase Trifecta: Maximize your earnings with 3 playing cards

Incomes factors on the Chase Sapphire Reserve

Apart from the welcome bonus, the Sapphire Reserve’s bonus-earning classes may also assist construct your Final Rewards steadiness. You will earn:

• 10 factors per greenback spent on Peloton gear and accent purchases (via Dec. 31, 2027) of $150 or extra, with a most of fifty,000 factors (a 20.5% return primarily based on TPG’s June 2025 valuations)
• 8 factors per greenback spent on purchases made via Chase Journey, together with The Edit (a 16.4% return)
• 5 factors per greenback spent on Lyft rides via Sept. 30, 2027 (a ten.25% return)
• 4 factors per greenback spent on flights and motels booked straight (an 8.2% return)
• 3 factors per greenback spent on eating worldwide (a 6.15% return)
• 1 level per greenback spent on every thing else (a 2.05% return)

Moreover, in July, Chase will launch Chase Trip Houses, which is able to earn 8 factors per greenback spent.

Be aware that you simply will not earn any factors on the primary $300 spent on direct flights and resort purchases or purchases made via Chase Journey every cardholder yr, as that may set off the cardboard’s $300 journey credit score.

Beforehand, this card provided 3 factors per greenback spent on all journey purchases. Whereas I just like the addition of 4 factors per greenback spent on flights and motels booked straight, not having a bonus class for normal journey purchases stings as Chase broadly defines journey and beforehand included issues like parking and tolls.

These are nice earnings charges on eating, Chase Journey purchases, and motels and flights booked straight, however you would possibly think about pairing this card with the Chase Sapphire Most popular, as now you can maintain each Sapphire playing cards. This pairing would earn 4 factors per greenback spent on most flights and motels, 3 factors per greenback spent on eating, and a couple of factors per greenback spent on normal journey purchases.

Associated: Is the Chase Sapphire Reserve well worth the annual charge?

Redeeming factors on the Chase Sapphire Reserve

The flexibility to redeem rewards with companions is without doubt one of the most necessary facets of a journey rewards bank card, and that is positively the case with the Sapphire Reserve. In case you switch your factors to one in all Chase’s 14 journey companions, there’s potential for some wonderful redemptions (extra on that later).

Nonetheless, you may redeem your factors in different methods, too, similar to for money again, reward playing cards, or eating and experiences via the Final Rewards portal at a price of 1 cent per level. Or, you may cowl eligible purchases at a better worth via Chase Pay Your self Again.

These redemption strategies present much less worth than transferring your factors to companions, so I do not suggest utilizing your factors this manner.

You can even redeem factors to e book journey via Chase Journey. With the latest refresh, we have seen some modifications to redeeming factors via Chase Journey, together with a brand new characteristic: Factors Enhance. Factors can be utilized to e book journey via Chase Journey at a worth of as much as 2 cents per level, relying on the cardboard and the particular redemption (see your rewards program settlement for full particulars).

The redemption charges fluctuate primarily based on rotating gives on totally different flights and motels. The airways will fluctuate and alter over time, however from the beginning, it seems that the airways eligible for Factors Enhance are all switch companions of Chase. Listed here are some issues to find out about Factors Enhance:

• Beforehand, Reserve cardholders might redeem factors for 1.5 cents every.
• You possibly can redeem factors at 2 cents per level on premium airfare booked via Chase Journey and motels booked via The Edit.
• For cardholders accepted earlier than June 23, 2025, all factors earned earlier than Oct. 26, 2025, will be redeemed at 1.5 cents per level through Chase Journey whatever the airfare class or resort property or at as much as 2 cents with Factors Enhance. The upper redemption price will robotically be chosen for you.
• Cardholders accepted after June 23, 2025, will solely have entry to Factors Enhance.
• After Oct. 26, 2027, factors will be redeemed for 1 cent every for all Chase Journey purchases that do not qualify for Factors Enhance.
• Fundamental economic system flights usually are not eligible for Factors Enhance.

Associated: From worldwide enterprise class to home journey: The very best Chase Final Rewards candy spots

Transferring factors on the Chase Sapphire Reserve

Once more, essentially the most worthwhile use of your Chase Final Rewards factors is to switch them to one in all Chase’s 14 airline and resort switch companions, together with worthwhile choices like British Airways Membership, Air Canada Aeroplan and Southwest Airways Fast Rewards.

For instance, I like to switch my factors to World of Hyatt. Only in the near past, I transferred 30,000 factors to Hyatt to remain on the Hyatt Centric The Liberties Dublin over St. Patrick’s Day weekend, when money charges have been upward of $400 per night time.

Associated: Easy methods to redeem Chase Final Rewards factors for optimum worth

Which playing cards compete with the Chase Sapphire Reserve?

The Sapphire Reserve’s most pure rivals are one other Final Rewards-earning card with a decrease annual charge and the 2 different big-name premium journey bank cards.

• In order for you a mid-tier card with a decrease annual charge: The Chase Sapphire Most popular is an effective selection for incomes Chase Final Rewards factors for a decrease annual charge of $95. You will get quite a few journey protections and have entry to all the identical resort and airline companions as you’ll with the Sapphire Reserve. To be taught extra, try our full overview of the Sapphire Most popular.
• In order for you a premium journey card with a decrease annual charge: The Capital One Enterprise X Rewards Credit score Card gives entry to Precedence Go and Capital One lounges for a decrease annual charge of $395. You will additionally take pleasure in insurance coverage protections and earn at the very least 2 miles per greenback spent on all purchases and a $300 Capital One Journey credit score annually. To be taught extra, try our full overview of the Capital One Enterprise X.
• If you wish to earn Amex Membership Rewards factors: The Amex Platinum gives a ton of worthwhile assertion credit each calendar yr and has a decrease annual charge of $695. Plus, it gives entry to quite a few lounges, together with the Amex Centurion Lounge community and Precedence Go lounges. Enrollment is required for choose advantages; phrases apply. To be taught extra, try our full overview of the Amex Platinum.

For extra choices, try our full checklist of finest journey bank cards and finest Chase bank cards.

Associated: Chase Sapphire Most popular vs. Sapphire Reserve: Do you have to go mid-tier or premium?

Backside line

The Chase Sapphire Reserve has been revamped with an elevated annual charge, however with a number of added advantages and assertion credit that many will be capable to get nice worth from. Even with the 45% annual charge enhance, for those who worth premium journey advantages, lounge entry and varied lifestyle-related assertion credit, the Chase Sapphire Reserve might make an important addition to your pockets.

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Apply right here: Chase Sapphire Reserve with 100,000 bonus factors and a $500 Chase Journey credit score after spending $5,000 on purchases within the first three months from account opening.

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For charges and costs of the Amex Platinum Card, click on right here.

For Capital One merchandise listed on this web page, a few of the advantages could also be supplied by Visa® or Mastercard® and should fluctuate by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.