Chase Sapphire Reserve card evaluate: Full particulars

Chase Sapphire Reserve Card overview

The Chase Sapphire Reserve® (see charges and charges) is among the finest rewards bank cards of all time. This card earns extremely helpful Final Rewards factors that may be transferred to lodge and airline companions or redeemed to e book journey by way of Chase Journey℠ at a worth of as much as 2 cents per level, relying on the cardboard and the precise 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 way of life. Card score*: ⭐⭐⭐⭐½

*Card score is predicated 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 significant 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 charges).

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

We suggest a credit score rating of not less than 670, nevertheless it’s not unprecedented to get accepted with a decrease rating. If you’d like premium advantages, the Sapphire Reserve might nonetheless be an important possibility for you, even with its steep annual charge.

Let us take a look at the options that proceed to make it such a pretty 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, when you 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 is able to 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 proper time to use.

Nevertheless, it is vital to maintain Chase’s software restrictions in thoughts, particularly concerning the Sapphire playing cards. Due to Chase’s 5/24 rule, you may need to apply for Chase playing cards first earlier than turning to different issuers. That is why selecting the correct Sapphire product in your state of affairs is crucial.

Whilst you can maintain each the Chase Sapphire Most popular® Card (see charges and charges) and the Sapphire Reserve, when you’ve obtained a bonus on a Sapphire product previously, you are seemingly now not eligible for a bonus on that very same card once more.

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

Associated: One of the best welcome presents of the month

Chase Sapphire Reserve advantages

The Chase Sapphire Reserve has myriad advantages that attraction to vacationers. It is vital 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 largest 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, resorts, motels, timeshares, automotive rental companies, cruise traces, journey companies, 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 finest issues about this credit score is how versatile it’s. It might probably cowl a wide range of journey purchases as much as $300, together with airline tickets, lodge reservations, cruise reservations and far more. It is 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 way of life 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 lodge loyalty standing advantages although I am reserving by way of an internet journey company. I have a tendency to remain at Marriott properties more often than not, and lots 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 seemingly 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 might simply use this perk, as I attend a number of concert events and sporting occasions annually, and StubHub is among 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 by way of 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 not less than 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 every 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 by way of 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 software charge credit score each 4 years. My choose is World Entry because it consists of PreCheck, in order that’s one of the best worth in 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 may get totals over $2,000.

Lounge entry

Sapphire Reserve cardholders get entry to Chase Sapphire Lounges and Precedence Move lounges (excluding eating places) for themselves and as much as two friends. There are at present 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 may pay an additional annual charge of $175 for every extra cardholder.

The Precedence Move 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 by way of 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 lodge 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 may obtain the perks that come together with this system. Highlights embrace main 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 may pay no international transaction charges.

Unlockable advantages

Moreover, Reserve cardholders will have the ability 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-Listing standing
• $500 Southwest assertion credit score (flights have to be booked by way of Chase Journey)
• $250 annual The Retailers credit score (The Retailers is an internet market from Chase the place you should utilize your factors to purchase objects from fashionable manufacturers like Dyson and Sony)

Whereas these advantages are good when you can spend $75,000 in your card organically, I would not exit of my solution to meet the spending requirement. You’ll be able to qualify for IHG Diamond standing by staying 70 nights at IHG resorts or spending $40,000 on an IHG bank card. In the meantime, to qualify for Southwest A-Listing standing, you simply have to take 20 one-way flights or earn 35,000 tier qualifying factors.

Relying on what resorts 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, when you can meet the spending requirement, the additional assertion credit are good, however once more, I would not exit of my solution 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

Moreover the welcome bonus, the Sapphire Reserve’s bonus-earning classes can even assist construct your Final Rewards steadiness. You will earn:

• 10 factors per greenback spent on Peloton gear and accent purchases (by way of Dec. 31, 2027) of $150 or extra, with a most of fifty,000 factors (a 20.5% return based mostly on TPG’s June 2025 valuations)
• 8 factors per greenback spent on purchases made by way of Chase Journey, together with The Edit (a 16.4% return)
• 5 factors per greenback spent on Lyft rides by way of Sept. 30, 2027 (a ten.25% return)
• 4 factors per greenback spent on flights and resorts booked instantly (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 can 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 lodge purchases or purchases made by way of Chase Journey every cardholder yr, as that can set off the cardboard’s $300 journey credit score.

Beforehand, this card supplied 3 factors per greenback spent on all journey purchases. Whereas I just like the addition of 4 factors per greenback spent on flights and resorts booked instantly, 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 resorts and flights booked instantly, however you would possibly take into account 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 resorts, 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 definitely worth the annual charge?

Redeeming factors on the Chase Sapphire Reserve

The power to redeem rewards with companions is among the most vital features of a journey rewards bank card, and that is undoubtedly 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 superb redemptions (extra on that later).

Nevertheless, you may redeem your factors in different methods, too, reminiscent of for money again, present playing cards, or eating and experiences by way of the Final Rewards portal at a fee of 1 cent per level. Or, you may cowl eligible purchases at a better worth by way of 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 fashion.

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

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

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

Associated: From worldwide enterprise class to home journey: One of the best Chase Final Rewards candy spots

Transferring factors on the Chase Sapphire Reserve

Once more, probably the most helpful use of your Chase Final Rewards factors is to switch them to one in all Chase’s 14 airline and lodge switch companions, together with helpful 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 had been upward of $400 per night time.

Associated: The right way to redeem Chase Final Rewards factors for optimum worth

Which playing cards compete with the Chase Sapphire Reserve?

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

• If you’d like a mid-tier card with a decrease annual charge: The Chase Sapphire Most popular is an effective alternative 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 lodge and airline companions as you’ll with the Sapphire Reserve. To study extra, try our full evaluate of the Sapphire Most popular.
• If you’d like a premium journey card with a decrease annual charge: The Capital One Enterprise X Rewards Credit score Card presents entry to Precedence Move and Capital One lounges for a decrease annual charge of $395. You will additionally take pleasure in insurance coverage protections and earn not less than 2 miles per greenback spent on all purchases and a $300 Capital One Journey credit score annually. To study extra, try our full evaluate of the Capital One Enterprise X.
• If you wish to earn Amex Membership Rewards factors: The Amex Platinum presents a ton of helpful assertion credit each calendar yr and has a decrease annual charge of $695. Plus, it presents entry to quite a few lounges, together with the Amex Centurion Lounge community and Precedence Move lounges. Enrollment is required for choose advantages; phrases apply. To study extra, try our full evaluate of the Amex Platinum.

For extra choices, try our full listing 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 have the ability to get nice worth from. Even with the 45% annual charge enhance, when you 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 charges of the Amex Platinum Card, click on right here.

For Capital One merchandise listed on this web page, among 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.