43 Valuable Benefits of the Chase Sapphire Reserve Card ($7,000+ Value)

There’s no doubt that the Chase Sapphire Reserve^® took the travel credit card world by storm when it launched in 2016. It was one of the first to offer bonus points on dining and travel purchases, extend a huge $300 travel credit, and provide other valuable benefits like rental car insurance and discounts and hotel perks at select brands.

These benefits are all in addition to the fact that the card earns Chase Ultimate Rewards points — some of the most flexible and valuable points on the market.

However, the card has a hefty annual fee, so you may wonder if it’s worth having.

In this article, we help you answer that question. First, we walk you through the card’s benefits and assign each a cash value. Then, we round up all the benefits and show you their combined value, giving you a complete look at the card’s benefits. We’ve based our valuations on moderate spending and travel, so the values are subjective.

Consider how often you’d use these benefits and assign your own values as you read through the article. This will give you an even better idea of whether the Chase Sapphire Reserve card is the right card for you.

Initial Benefit

1. Chase Sapphire Reserve Card Welcome Bonus Offer ($1,200 to $2,000)

Chase Sapphire Reserve^®

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

Chase Sapphire Reserve^®

A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

Welcome Offer

Earn 100,000 bonus points + $500 Chase Travel promo credit after you spend $5,000 on purchases in the first 3 months from account opening. Get more than $2,700 in annual value with Sapphire Reserve.

100,000 points + $500 Chase Travel credit

UP's Offer Valuation*:

$2,000

Annual Fee

$795

APR

20.24% - 28.74% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Excellent

Why We Like This Card

If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve^® is one of the best options.

The card combines elite travel benefits and perks like worldwide airport lounge access, with excellent point earning and redemption options. Plus, it offers top-notch travel insurance protections to cover you at home or on the road.

Don’t forget the more than $2,000 in annual credits, which can offset the annual fee!

Pros & Cons

Pros

• 8x points on all Chase Travel purchases
• 5x points on Lyft rides
• 4x points on flights and hotels booked directly

Cons

• $795 annual fee

Read Full Review

Card Highlights

• Earn 100,000 bonus points + $500 Chase Travel℠ promo credit after you spend $5,000 on purchases in the first 3 months from account opening.
• Get more than $2,700 in annual value with Sapphire Reserve.
• Earn 8x points on all purchases through Chase Travel℠, including The Edit℠ and 4x points on flights and hotels booked direct. Plus, earn 3x points on dining worldwide & 1x points on all other purchases
• $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
• Access over 1,300 airport lounges worldwide with a complimentary Priority Pass™ Select membership, plus every Chase Sapphire Lounge^® by The Club with two guests. Plus, up to $120 towards Global Entry, NEXUS, or TSA PreCheck^® every 4 years
• Get up to $150 in statement credits every six months for a maximum of $300 annually for dining at restaurants that are part of Sapphire Reserve Exclusive Tables.
• Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance, no foreign transaction fees, and more.
• Get complimentary Apple TV+, the exclusive streaming home of Apple Originals. Plus Apple Music - all the music you love, across all your devices. Subscriptions run through 6/22/27 - a value of $250 annually
• Member FDIC

Financial Snapshot

• APR: 20.24% - 28.74% Variable
• Foreign Transaction Fees: None

Rewards Center

Chase Ultimate Rewards

The exact value of your welcome bonus offer depends on the offer you receive and how you redeem your points. Based on our valuations, Chase Ultimate Rewards points are worth 2 cents per point, making 60,000 to 100,000 Ultimate Rewards points worth $1,200 to $2,000.

Earn Valuable Flexible Points

The Chase Sapphire Reserve card earns valuable Ultimate Rewards points.

What makes these points so valuable? One word: flexibility!

Not only can you use Ultimate Rewards points to book travel directly through the Chase Travel portal, you can also transfer your points to various airline and hotel partners like United Airlines, Singapore Airlines, and Hyatt hotels. This gives you the ability to book some seriously valuable rewards.

Make sure to check out our guide to redeeming Ultimate Rewards points. If you know where to look, the program offers amazing values.

Hot Tip: The Chase Sapphire Reserve card falls under the bank’s 5/24 rule. You can’t apply for a new Chase Sapphire Reserve card if you have received 5 or more new credit cards in the past 24 months. 

2. 3x Points on Dining Worldwide ($300)

You earn 3 points per $1 on dining purchases made with your Chase Sapphire Reserve card, both at home and abroad.

To earn 3x points, you only need to charge an eligible dining expense to your Chase Sapphire Reserve card. Since most people tend to spend a solid portion of their budget on dining, this bonus category is a great way to build up your Ultimate Rewards balance quickly.

With that in mind, we value this benefit at $300. This could be higher or lower depending on how much you spend on dining each year, but we think $300 is a suitable estimate for this perk. Plus, don’t forget about the card’s welcome bonus offer, which could provide thousands in value across your first year of card membership.

Hot Tip: Looking for a travel rewards card without a large annual fee? Consider the Chase Sapphire Preferred^® Card, which is a very popular card for those new to points and miles.

3. 8x Points on Chase Travel ($80)

If you book your travel via the Chase Travel portal, you earn 8x total points per $1 spent. Better yet, this applies to every purchase you can make through Chase Travel, including flights, hotels, rental cars, cruises, tours, and activities.

With $500 in spending, you’d earn 4,000 Ultimate Rewards points worth $80.

4. 4x Points on Flights and Hotels Booked Direct ($150)

Those who book their flights and hotels directly receive 4x points on these purchases.

Let’s use a $2,000 spending level to estimate the value of this benefit — $2,000 spent on flights and hotels would earn 8,000 Ultimate Rewards points worth $160.

5. 5x Points on Lyft Purchases ($30)

In addition to elevated points earned on travel and dining, Chase Sapphire Reserve cardholders earn 5 points per $1 on Lyft purchases (through September 30, 2027). You earn these bonus points on ride-sharing, scooter, and bike rides booked through the app. This includes shared, private, and premium rides in Select and Lux vehicles.

Note that Lyft operates Citi Bike in New York City and Capital Bike in Washington, D.C., among other locations. Charge your rentals to your Chase Sapphire Reserve card through the app so you can earn bonus points while you exercise.

The value of this benefit largely depends on how often you use Lyft. We give it a modest valuation of $30.

If you spend at least $300 per year on Lyft rides, you earn 1,500 in Ultimate Rewards points. We value these points at just under $30, based on our 2-cents-per-point Ultimate Rewards valuation.

6. 10x Points on Select Peloton Purchases (Value Varies)

Chase Sapphire Reserve cardholders can earn 10 points per $1 spent on Peloton Bike, Tread, Row, and Guide purchases over $150, with a maximum of 50,000 points earned through December 31, 2027.

Redemption Options

7. Transfers to Partners ($300)

The best part about earning Ultimate Rewards points with your Chase Sapphire Reserve card is access to Chase transfer partners. You can transfer your points to any of the following programs at a 1:1 transfer ratio in increments of 1,000 points.

Chase’s Airline Transfer Partners:

Chase’s Hotel Transfer Partners:

Why is this so valuable? Simple: Once your points have been transferred to a travel partner, the rules of that loyalty program apply.

This means you can take advantage of extraordinary redemptions like cheap first class tickets to Tokyo on Asiana, luxurious jaunts to Europe in business class, and much more.

When booking award flights in premium cabins, you can sometimes get up to 15 cents (or more) per point in value!

Hot Tip: Need inspiration on how to use your Chase Ultimate Rewards points? Check out our article on the best redemptions.

We value Chase’s Ultimate Rewards transfer partners at $300. This is because of the fantastic value you can get from transferring your points to this vast network of airlines and hotel partners — a single redemption in first or business class can completely compensate for the card’s high annual fee!

8. Up to 100% More Value in Travel Redemptions via Points Boost With Chase Travel ($100)

The Chase Sapphire Reserve card provides the highest value of all the Chase cards when you take advantage of Points Boost on select Chase Travel purchases.

With Points Boost, your points are worth up to 2 cents per point on select hotels and airfare bookable through Chase Travel.

Hot Tip: Add your frequent flyer number to your flight bookings made through the Chase Travel portal. Since you’re technically redeeming for a paid flight, you earn both redeemable and elite qualifying miles on your flights.

When transferring them to one of Chase’s various transfer partners, you often get better value from your points because you can use points to take advantage of partner award chart sweet spots.

However, due to the number of points required, the 2-cents-per-point value can be better than transferring points to an airline or hotel partner in some cases.

We value this benefit at $100. While we generally recommend making high-end bookings using Chase’s transfer partners for better value, being able to redeem at 2 cents per point toward select airline and hotel bookings is a solid option.

9. Up to 50% More Value in Statement Credit Redemptions ($100)

Cardholders can use Pay Yourself Back to redeem their Chase Ultimate Reward points for 25% to 50% more when you redeem them for statement credits against existing purchases in select, rotating categories.

Travel Benefits

10. Worldwide Airport Lounge Access ($300)

While the Chase Sapphire Reserve card doesn’t offer access to as many airport lounges as The Platinum Card^® by American Express, it offers access to more than 1,300 lounges, and Chase has done well to expand the exclusive Chase Sapphire Lounge network.

Priority Pass Select Membership

The Chase Sapphire Reserve card comes with a complimentary membership to the Priority Pass Select network of airport lounges. Signing up is easy, and there is no additional fee.

Once your Priority Pass Select membership is activated, you’ll have free access to over 1,300 airport lounges in more than 600 cities worldwide. Plus, you can bring up to 2 travel companions to the lounge for free.

Amenities in Priority Pass airport lounges can vary greatly, so it’s best to use the free app to know what to expect when planning your trip. Common lounge amenities include an open bar, free coffee and soda, snacks, Wi-Fi, and showers.

With your Priority Pass Select membership, you can also enjoy additional amenities such as access to Minute Suites at select airports — check the Priority Pass website for more info on locations.

You must enroll in Priority Pass after being approved for a Chase Sapphire Reserve card to get lounge access. You can do this on the Card Benefits page in the Chase Travel portal. Once enrolled, you’ll receive your physical Priority Pass Select card in 7 to 10 days. You need this card (or the digital card in the Priority Pass mobile app) to enter lounges worldwide.

Chase Sapphire Lounge by The Club

With locations at large hubs like New York’s LaGuardia Airport (LGA), Boston Logan International Airport (BOS), and Hong Kong International Airport (HKG), the Chase Sapphire Lounge by The Club provides elevated experiences for food, drink, art, entertainment, and wellness.

We value the lounge benefits that come with the Chase Sapphire Reserve card at $300, but they can be worth much more depending on how much you travel. Lounge access at the airport can make long layovers more comfortable and save you hundreds of dollars in airport food and drink purchases if you travel often.

Bottom Line: With access to over 1,300 lounge properties worldwide, including Chase Sapphire Lounges, this benefit can provide tremendous value.

11. The Edit by Chase Travel ($100)

The Edit by Chase Travel is a network of the world’s best hotels and resorts worldwide. Chase Sapphire Reserve cardmembers who book these hotels through the Chase Travel portal can take advantage of special benefits and privileges, including:

• Daily breakfast for 2 guests
• Free Wi-Fi
• Room upgrade (when available, at select properties)
• Early check-in and late checkout (when available, at select properties)
• Special amenity unique to each property

Amenities can include lunch or dinner for 2, a spa treatment, golf green fee waivers, welcome gifts, or airport transfers. Details on the amenities available for a specific property are available when searching and booking.

To take advantage of these benefits, book hotels through the Edit by Chase Travel and pay for your stay with your Chase Sapphire Reserve card. Hotel stays booked directly or through another portal are not eligible.

We value this benefit at $100 so long as you use it at least once per year. You’ll quickly find it’s worth more if you use it often, but it’s worth nothing if you don’t. Check it out before you book your next hotel stay.

12. Elite Hotel Benefits at Relais & Châteaux ($50)

The hotel perks continue with Relais & Châteaux, a prestigious collection of luxury properties in various cities worldwide. When you book a stay at one of these hotels with your Chase Sapphire Reserve card, you receive a VIP welcome and complimentary breakfast during your stay.

The VIP welcome benefit varies by property but can include a bottle of sparkling wine at check-in or a complimentary drink at the hotel bar. Regardless of what you get, the benefit is a great way to settle into your hotel!

We’ve given this benefit a conservative valuation of $50. Relais & Châteaux is a small hotel company, so it’s not likely you’ll use it often. However, the included benefits are a nice way to enhance any upcoming hotel stays at Relais & Châteaux properties.

13. No Foreign Transaction Fees ($100)

The Chase Sapphire Reserve card doesn’t charge foreign transaction fees. This applies to both purchases you make when traveling internationally and purchases from the U.S. in a foreign currency, like buying train tickets in advance or items from an international online store.

Although most travel credit cards have no foreign transaction fees, this is an important benefit because you won’t have to think about switching the card you use when traveling or booking trips.

This lack of foreign transaction fees can save you up to 3% per purchase, so we value this benefit at $100 for those who travel often.

14. IHG One Rewards Platinum Elite Status ($150)

You receive complimentary IHG One Rewards Platinum Elite status by holding the Chase Sapphire Reserve card. IHG Platinum Elite status, which usually requires that you spend 40 elite qualifying nights or earn 60,000 elite qualifying points in a calendar year, comes with benefits including:

• 60% bonus points on stays
• Reward night discounts
• Early check in (subject to availability)
• 2 p.m. late checkout (subject to availability)
• Welcome amenity at check-in
• Complimentary upgrades (subject to availability)
• Hertz Gold Plus Rewards Five Star Status

The value of this perk depends on how often you stay at IHG hotels throughout the year and what status level you may already have in the IHG One Rewards program. We’ve assigned its value conservatively at $150, as a nice room upgrade on a single 3- or 4-night stay could easily offer you that much value, without factoring in the other perks and benefits.

15. Reserve Travel Designers ($25)

This is a concierge-like service where you can get assistance planning a custom itinerary and recommendations for activities, restaurants, and experiences around the world.

Again, the value of this perk depends on whether you actually use it, but having a soundboard for your trip planning that can make recommendations you might not have considered is a good option.

Statement Credits

The Chase Sapphire Reserve card has several statement credits to help you offset its annual fee. These benefits are the quickest and easiest way to save with the card, as they apply to eligible purchases instantly.

Let’s take a look at the credits.

16. $300 Annual Travel Credit Benefit ($300)

Chase Sapphire Reserve cardholders automatically receive a statement credit for travel purchases charged to the credit card, up to $300 per cardmember year. However, qualifying purchases for the annual travel credit do not earn points.

This credit does not have to be used up in a single purchase. You can use the travel credit in small purchases and be reimbursed up to the $300 maximum as long as the purchases are in an eligible travel category.

Eligible purchases include the following:

17. The Edit by Chase Travel Credit ($500)

The Edit is a premium hotel collection offered by Chase that allows you to receive elite style benefits at several luxury hotels around the world. Better yet, with your Chase Sapphire Reserve card, you receive up to $500 in annual Edit credits.

These are delivered in 2 separate $250 biannual credits. Each requires a 2-night minimum stay and full prepayment made with your Chase Sapphire Reserve card.

Stays with the Edit allow you to enter hotel loyalty numbers during booking to receive points, elite night credit, and any other elite status perks you’re entitled to.

18. Sapphire Reserve Exclusive Tables Dining Credit ($300)

When you dine at a restaurant affiliated with Sapphire Reserve Exclusive Tables, available for booking on OpenTable, you can receive up to $300 in annual dining credits.

Similar to the Edit credit, this dining credit is delivered in 2 $150 biannual credits, one for use between January and June and the other for use between July and December.

19. StubHub and Viagogo Credit ($300)

If you love to attend concerts and sporting events, you’ll love that the card offers up to $300 in annual credits for tickets purchased through StubHub and Viagogo, delivered in 2 separate $150 biannual credits.

20. Lyft Credit ($120)

In addition to the 5x points you earn on Lyft rides, you receive $120 in annual Lyft in-app credits, up to $10 monthly, when you use your Chase Sapphire Reserve card to pay for your ride.

If you seldom use ride-sharing apps, this perk might not be worth much, but if you take a Lyft at least once a month, then this perk should be nearly as good as cash.

21. Free Subscription to DoorDash DashPass ($120)

All Chase Sapphire Reserve cards include a subscription to DoorDash DashPass for the card’s primary cardholder.

This subscription gives you free food delivery and discounted service fees from select DoorDash restaurants if your total bill is $12 or more. DoorDash is available in most large American cities, so you can order food at home or in a hotel room.

DashPass usually costs $10 per month, giving you $120 in value per year. It must be activated by December 31, 2027, and the membership is good for at least 1 year.

22. Monthly DoorDash Credits ($300)

Chase Sapphire Reserve cardholders receive a handful of monthly DoorDash credits. They come in the form of a $5 monthly promotion to spend on restaurant orders and 2 $10 promotions each month to save on groceries, retail orders, and more.

This amounts to up to $25 in credits for these orders each month, and up to $300 each year in value.

Hot Tip:

If you get food delivery fairly regularly, explore the best cards for food delivery services to ensure you earn bonus points on your purchases.

23. Free Subscriptions to Apple TV+ and Apple Music ($250)

Cardholders of the Chase Sapphire Reserve card get complimentary Apple TV+ and Apple Music subscriptions through June 22, 2027, a cumulative value of $250 annually.

If these were subscriptions that you were already paying for or that you’ve been considering subscribing to, the Chase Sapphire Reserve card will help you eliminate those monthly expenses.

24. Peloton Membership Credits ($120)

In addition to the 10x points you earn on eligible Peloton equipment and accessory purchases, cardholders receive $10 in statement credits per month on eligible Peloton memberships through December 31, 2027, up to a maximum of $120 annually.

25. Global Entry, Nexus, or TSA PreCheck Fee Credit Benefit ($120)

If you haven’t already applied, the Chase Sapphire Reserve card will help you get Global Entry, Nexus, or TSA PreCheck at no out-of-pocket cost.

Charge the application fee to your card, which will be automatically reimbursed as a statement credit.

Global Entry is a U.S. Customs and Border Protection program that prescreens passengers and then allows expedited entry into the U.S. when returning from international travel. It requires a detailed application and an in-person interview before approval.

When you are approved for the Global Entry program, you also receive TSA PreCheck, so with your application fees covered, there’s no reason not to apply if you’re eligible.

If you already have Global Entry, this credit is great for your renewal or for gifting Global Entry to a friend or family member. As long as the application fee is paid with your Chase Sapphire Reserve card, it doesn’t matter whose application fee it is.

Since the Global Entry and TSA PreCheck programs only require you to renew your membership every 5 years, this credit is available every 4 years, so you’ll always have it when it’s time to renew.

Hot Tip: Looking for more info on Global Entry? Don’t miss our post on the top Global Entry FAQs. 

Travel Protections

Above, we’ve examined what this card can do for you when you’re planning and booking your trips. But what happens if you have an issue while on the road? Think of injuries, trip delays, and lost or delayed luggage. The Chase Sapphire Reserve card can help protect you during your travels.

Everything from delays to cancellations to travel accidents and other emergencies can be covered. And while we’d never want anything bad to happen when we’re away from home, the Chase Sapphire Reserve card provides peace of mind so you can be confident that you’ll be taken care of if something does come up.

Here’s a look at all of the Chase Sapphire Reserve card’s travel protections:

26. Trip Cancellation and Interruption Insurance ($100)

Trip cancellation provides coverage when a trip cannot be taken on or before the scheduled date and therefore must be canceled. Some examples include illness before departure or a natural disaster that affects your travel destination. Check the card’s benefits guide for restrictions.

On the other hand, trip interruption insurance provides coverage when you experience a covered loss on the way to departure or after a trip begins that causes a trip to be interrupted.

Reimbursement is secondary, meaning it covers the excess of any other travel insurance purchased. The benefit covers arrangements for prepaid tours, trips, or vacations purchased with your Chase Sapphire Reserve card (or with points earned on the card).

An especially nice part of this coverage is that it covers not only the cardholder but also immediate family members, even if the cardholder is not traveling with them.

Coverage is limited to up to $10,000 per trip and a maximum of $20,000 per occurrence. Total coverage is limited to $40,000 per 12-month period. We value this benefit at $100, as you’re unlikely to use it, but it can be worth much more when you do.

27. Baggage Delay Insurance ($100)

If your bag is delayed by an airline, bus, cruise ship, or train for more than 6 hours, your Chase Sapphire Reserve card covers up to $100 per day in purchases of emergency supplies like toiletries, clothing, and 1 cell phone charger.

This benefit covers cardholders, spouses, domestic partners, and immediate family members. Your ticket must have been purchased with your Chase Sapphire Reserve card or with your Ultimate Rewards points. The benefit is limited to 5 days, so it can be worth up to $500 per use per person.

We value this benefit at $100. We certainly hope your baggage is never delayed, but if it is, this benefit can be worth hundreds of dollars while you wait for your bags to be returned.

28. Lost Luggage Reimbursement ($50)

This coverage reimburses the repair or replacement of checked and carry-on bags damaged or lost during a covered trip with a common carrier. Common carriers include airlines, buses, trains, and cruises.

The trip must have been purchased with your Chase Sapphire Reserve card or your Ultimate Rewards points, and coverage is limited to $3,000 per person per trip. Of that maximum benefit, $500 can be reimbursed for watches, jewelry, and electronics, so don’t check your laptop or other expensive items.

Even if the cardholder is not traveling, the cardholder and any immediate family are covered so long as travel is booked with a Chase Sapphire Reserve card. We recommend keeping a copy of your suitcase’s original receipt for reimbursement, too.

We value this benefit at $50, as an airline losing your bag is rare. But again, using this benefit even once can give you potentially thousands of dollars in value.

29. Trip Delay Reimbursement ($200)

If your travel on a common carrier is delayed more than 6 hours or requires an extra overnight stay, you’re covered for up to $500 per person who had a ticket that was delayed. This delay can be for any reason, even bad weather or air traffic control issues.

Tickets must have been purchased with your Chase Sapphire Reserve card or your Ultimate Rewards points, and you are limited to 1 covered loss per trip.

The cardholder, the cardholder’s spouse or domestic partner, and the cardholder’s dependent children under age 22 can be reimbursed for expenses incurred during the delay, including meals, lodging, toiletries, medication, and other personal items.

The trip must be away from your city of residence and under 365 days in length to be covered.

We value this benefit generously at $200 because it packs a ton of value, especially if you travel to the Midwest or East Coast in the wintertime. Getting stuck in a city like Chicago or New York City can be expensive, so having your hotel and meals reimbursed even once means hundreds of dollars in value.

30. Travel Accident Insurance ($50)

There are 2 types of travel accident insurance provided by your Chase Sapphire Reserve card. If both types of coverage apply, you will be paid out only by the coverage with the higher limit.

• Common carrier travel accident insurance: Pays a benefit for a covered loss when riding on, entering, or exiting a bus, airplane, train, or cruise ship. Coverage is limited to a maximum of $1 million for loss of life and is proportional depending on the injury.
• 24-hour travel accident insurance: This policy provides a benefit for covered losses between the start and end of your trip (as printed on a travel ticket). A maximum payout of $100,000 is available for loss of life, and injuries are paid on a proportional scale.

This benefit covers the cardholder and immediate family members, even if the cardholder is not traveling with them. However, if more than 1 person is injured, the maximum coverage will not exceed the stated limits.

There is a list of exclusions to be aware of, including losses sustained during illegal acts, skydiving, racing, or sporting activities with a salary or monetary prize.

We sincerely hope you never have to use these benefits, and it’s unlikely you’ll ever have to. However, we value them at $50. The added peace of mind is a nice perk, especially for adventurous travelers heading off the beaten path.

31. Travel and Emergency Assistance ($25)

By calling the number provided with your benefits information, you can receive no-cost referrals and assistance for emergency services while away from home.

Available services include:

Although the referrals and assistance are provided at no cost, the cardholder is responsible for any costs from the referred service providers. With that in mind, we value this benefit at $25.

32. Emergency Medical and Dental ($50)

This benefit provides reimbursement for medical and dental expenses incurred during emergency treatment due to sickness or injury while on a covered trip.

The trip must have been purchased with your Chase Sapphire Reserve card or points earned with the card to be covered. Additionally, this benefit is secondary to your medical and dental insurance or any travel insurance you purchased.

The cardholder, the cardholder’s spouse or domestic partner, and legally dependent children under 18 years old (25 if enrolled as a full-time student) are covered.

Coverage is subject to a maximum of $2,500 with a $50 deductible. In addition, up to $75 per day is covered for lodging when a physician says you cannot travel immediately after treatment.

Again, you’re unlikely to have to use this benefit, but it can be nice to have peace of mind, so we value it at $50.

33. Emergency Evacuation and Transportation ($50)

If you or a member of your eligible party is injured or becomes ill during a trip and requires emergency evacuation, coverage applies up to a maximum of $100,000 for emergency evacuation and medical services.

Eligible party members include cardholders, spouses or domestic partners, and legally dependent children under 18 (25 if enrolled as a full-time student).

To qualify for this coverage, your trip must have been purchased with your Chase Sapphire Reserve card or Ultimate Rewards points. This benefit is secondary to your personal insurance or any other travel insurance that applies.

We value this benefit at $50, but it can be worth thousands if you ever have to use it. This benefit is especially important when you consider that you could be unable to fly commercially if you fall ill with certain conditions.

Bottom Line:

Chase Sapphire Reserve card offers some of the best travel protection benefits of any credit card. If possible, you should try to purchase your prepaid travel with your Chase Sapphire Reserve card or your Ultimate Rewards points, just in case something goes wrong. Doing this will make you eligible for some of the highest coverage limits and the broadest range of available coverages.

34. Auto Rental Collision Damage Waiver ($200)

The cardholder and any additional drivers authorized by the rental agreement will be covered for up to $75,000 for car rentals of 31 days or shorter.

This coverage is primary and pays for any loss, theft, or damage to the rental car, towing, and loss of use for the rental company.

For this coverage to apply, you must pay for the entire rental with your Chase Sapphire Reserve card. You must also refuse any collision and loss damage waiver coverage from the rental company. If you pay for coverage, the rental company’s coverage applies instead.

Certain vehicle exclusions apply, namely for high-end sports and luxury cars. If you’re renting a specialty vehicle, be sure to double-check your coverage.

The auto rental collision damage waiver is worth $200, but it can be worth much more. You generally pay $20 to $30 per day for this insurance from the rental company, so those who rent cars regularly can get thousands in value from the benefit.

Hot Tip: The Chase Sapphire Reserve card is one of the few cards that offers primary car rental coverage. This means the coverage from your card serves as primary coverage without you having to first file a claim with other insurance. Primary coverage is a huge benefit and worth considering whenever you rent a car.

Benefits at Home

The Chase Sapphire Reserve card takes care of you while exploring the world, but it can help at home, too. From shopping to special entertainment events to ensuring that you’re safe on the road, the Chase Sapphire Reserve card also covers you when you’re between trips.

35. VIP Event Access ($25)

Chase Experiences wensures you’re as close to the action as possible, from sports and recreation to dining and shopping. These VIP events aren’t available to the general public and are usually limited in quantity. Experiences offered regularly change, so it’s best to check back frequently to find one you want to do.

This benefit has very limited use, and we haven’t seen many of these VIP events come across our radar. With that in mind, we value the benefit at $25, as you attending these events isn’t likely.

36. Roadside Assistance ($50)

The roadside assistance provided with your card is available 24 hours a day, 365 days a year. It covers the cardholder driving their vehicle or any other vehicle with the owner’s permission.

Covered services include the following:

• Battery boost
• Flat tire service
• Fuel delivery
• Towing
• Lockout assistance

Coverage is limited to $50 per occurrence to a maximum of 4 times per year, which should be more than enough for most drivers. We assume you’d use this benefit once per year for a modest valuation of $50.

37. Purchase Protection ($100)

When you purchase an item with your Chase Sapphire Reserve card, it’s protected from theft and damage for the first 120 days you own it. For example, if you buy a new laptop and it’s stolen the next day, you’d be reimbursed for replacing it.

Coverage is available for a maximum of $10,000 per claim and up to $50,000 per account. This coverage is secondary to your homeowner’s or renter’s insurance policy, and there is a list of excluded items, so be sure to check the details of this benefit.

Purchases made by the cardholder (including those given as gifts to others) are eligible for this protection. The benefit is especially valuable for cell phones, laptops, tablets, and other easily lost items, so consider putting new tech purchases on your new Chase Sapphire Reserve card.

We value this benefit at $100, but it can be worth much more. Think about losing an important item when traveling. If it was purchased on your Chase Sapphire Reserve card and the loss happened within 120 days of purchase, it’d be replaced for free.

38. Return Protection ($50)

If you try to return a personal item (not purchased for business use) within 90 days of your purchase and the store doesn’t accept the return, you may be eligible for reimbursement from your Chase Sapphire Reserve card.

To take advantage of this benefit, you must have paid for the item with your Chase Sapphire Reserve card (or the points you earned with the card). You also need to have a copy of your receipt to provide proof of purchase and price.

This coverage is limited to $500 per item, and you can make a maximum of $1,000 in claims per year. Some items are not covered, so check the details on your card’s benefits page before filing a claim.

We value this benefit at $50. It provides nice peace of mind, but you’re not likely to use it more than once or twice per year. Further, it’s unfortunate that the benefit’s limits are so low, meaning that you can’t use it to return things like laptops or high-end cell phones.

39. Extended Warranty Protection ($100)

Finally, the Chase Sapphire Reserve card has an excellent extended warranty feature. When you purchase eligible items with your card, the manufacturer’s warranty is extended for 1 year.

For coverage to apply, the item must have come with an original manufacturer-written U.S. repair warranty of 3 years or less. Foreign purchases may also be eligible if they have a store-purchased dealer or assembler warranty.

Chase’s extended warranty protection covers the original warranty terms, usually manufacturer defects, but not accidental damage or theft.

This benefit is limited to $10,000 per claim and a maximum of $50,000 per account, making it useful for repairing laptops, cell phones, and other high-end purchases. Purchases made by the cardholder for themselves or others as gifts are eligible for coverage.

The following items are not eligible for extended warranty coverage:

• Aircraft, boats, cars, or other motorized vehicles
• Items purchased for resale, professional, or any commercial use
• Preowned or used items
• Software

Your card must be open and in good standing for you to take advantage of this benefit. This means that you can’t file an extended warranty claim after you’ve closed your credit card account, even if you’re within the 1-year extended warranty period.

We value this benefit at $100, though it could be worth much more if you have to file an expensive warranty claim.

Added Benefits You Can Unlock With Spending

Some benefits aren’t automatic but are can be unlocked by spending $75,000 on the card in a calendar year and in subsequent years to continue receiving them. If you would normally spend $75,000 on your Chase Sapphire Reserve card in a calendar year, then these perks are great additions and can effectively function as bonus perks.

However, we’d advise against going out of your way to spend $75,000 on the card or diverting spending that you could have put on another card to earn more points or earn a new card welcome bonus.

Since these benefits aren’t guaranteed to all cardholders, we haven’t assigned a specific monetary value to them and won’t include them in our overall tally of total potential value. That said, if you think you’ll spend enough to receive these benefits, feel free to assign your own values when assessing whether that Chase Sapphire Reserve card is worth it for you.

40. IHG One Rewards Diamond Elite Status

While the Chase Sapphire Reserve card already comes with IHG One Rewards Platinum Elite status, you can unlock top-tier IHG Diamond Elite status after meeting the $75,000 in spend threshold.

IHG Diamond Elite status usually requires that you earn 70 Qualified Nights or 120,000 Qualified Points in a calendar year and comes with all of the perks of Platinum Elite status. It also comes with:

• 100% bonus points
• Complimentary suite upgrades (subject to availability)
• Complimentary breakfast
• Early check-in (subject to availability)
• 2 p.m. late checkout (subject to availability)
• Dedicated Diamond support line
• Hertz Gold Plus Rewards President’s Circle status

If you frequently stay at IHG hotels during your travels, these perks could be quite useful to you, especially the ability to earn 100% bonus points on your paid stays, complimentary breakfast, complimentary suite upgrades, and late checkout (both subject to availability).

41. Southwest Airlines A-List Status

Your elite status benefits don’t end with IHG, though. Cardholders who spend $75,000 on the card in a calendar year also receive Southwest Rapid Rewards A-List status.

Usually, Southwest A-List status requires 20 qualifying one-way flights or 35,000 tier qualifying points in a calendar year, and comes with these benefits:

• Priority boarding (for you and everyone on your reservation)
• First checked bag free; second checked bag at a reduced rate of $35
• 25% bonus points
• Complimentary same-day standby
• Priority Lane and Express Lane to provide an expedited experience at the check-in counter and airport security checkpoints
• Dedicated A-List member phone line

Many of these benefits aren’t exceptional, but there are a few nice-to-haves like priority boarding, a free checked bag, and bonus points on your flights. Like IHG status perks, the value you receive from this benefit depends on how frequently you fly with Southwest.

42. $500 Southwest Airlines Chase Travel Credit

After spending $75,000 on your card in a calendar year, in addition to your Southwest Rapid Rewards A-List status, you also receive a $500 Southwest Airlines credit usable through Chase Travel.

While you need to make your Southwest flight booking through Chase Travel, the good news is that you should still qualify for any elite credit benefits you’re entitled to. However, purchases that qualify for the $500 Southwest Airlines Chase Travel credit do not earn Chase Ultimate Rewards points.

You also do not need to use the $500 credit all at once, as any residual value from a booking carries over into the next booking. For instance, if you booked a $300 Southwest flight through Chase Travel, you’d still have $200 in credit left to use on a future flight.

While the statement credits can carry over, the most you can have available at once is $1,000 in statement credits if you qualify in consecutive years. Allow 6 to 8 weeks for the statement credits to appear on your billing statement.

43. $250 Credit for the Shops at Chase

Lastly, if you spend $75,000 on your card in a calendar year, you also receive a $250 credit for the Shops at Chase, which is Chase’s online shopping experience, which effectively acts as a reseller in partnership with select brands.

Through the Shops at Chase, you can purchase items using cash, your Chase Ultimate Rewards points, or a combination of both. That said, we wouldn’t recommend redeeming your rewards this way, as you usually receive just 1 cent per point in value.

Again, this benefit doesn’t move the needle much, but if you plan to spend $75,000 on your card in a year anyway, getting a $250 credit for a variety of products is a nice bonus.

Final Thoughts

The Chase Sapphire Reserve card has an extensive list of valuable benefits. All of the benefits in this article potentially add up to over $7,000 in value!

This great set of benefits can help you travel more comfortably, safely, and affordably. With excellent purchase protection, roadside assistance, and extended warranty benefits, the card can also enhance your life at home.

But before settling on the Chase Sapphire Reserve card, check out some of its alternatives.

For example, if you travel only once or twice per year, you may want to apply for the Chase Sapphire Preferred card instead. This card has some of the same benefits as the Chase Sapphire Reserve card, but it has a lower annual fee of just $95. Or, if you want more benefits, check out the Amex Platinum card for luxury perks. This card gives you access to more lounges but has a harder-to-use airline credit and a higher annual fee.