28 Valuable Benefits of the Chase Sapphire Reserve® Card

Priority Pass Lounge - The Club at San Jose, CA

Full Disclosure: We may be compensated when you click on links to credit card products from our advertising partners, such as American Express, Chase & Barclays. Opinions on this site are ours alone, and have not been reviewed or approved by the issuer. See our Advertiser Disclosure for more details. Thanks!

When the Chase Sapphire Reserve® was first announced, other banks found themselves immediately struggling to catch up with the huge sign-up bonus and the long list of benefits that came with the card.

Now, that massive sign-up bonus has been replaced with a more moderate one. The list of valuable benefits remains the same though, and they make the Chase Sapphire Reserve® one of the premier options in the travel credit card market.

It’s always important to fully understand what you are getting for your money when you’re signing up for a premium credit card, and the Chase Sapphire Reserve® is no exception.

This card comes with a $450 annual fee, so you want to make sure you’ll get enough value out of the benefits to make that fee worth paying.

Credit CardCard Overview
Chase Sapphire Reserve®

Chase Sapphire Reserve®
  • 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®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants.
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
  • Annual Fee: $450

Not everyone will use all of the benefits of all of their credit cards. Some benefits are repeated on multiple cards, some are great but just don’t apply to you, and some will be perfect for what you need.

The real trick is taking a look at the unique benefits of the Chase Sapphire Reserve® and determining if they’ll be valuable for your particular situation, or if a card like the Chase Sapphire Preferred® Card is more suited to you.

In this case, we think they’ll work for almost all of you.

Why is that? Well, the Chase Sapphire Reserve® is designed for travelers. Here at Upgraded Points, we’re all travelers, and we’ll bet that if you’re reading this, you’re probably a traveler too.

With that in mind, let’s take a detailed look at the benefits of this card and see what they can do for you.

To make things easier, we will include estimated values for each of the benefits where possible. Some may not have a set value or will get more valuable the more times you use them, but we will do our best to let you know how much you can save for each benefit of the Chase Sapphire Reserve®.

Hot Tip: Looking for a travel rewards card without a $450 annual fee? Take a look at the Chase Sapphire Preferred® Card which has the same 50,000 sign up bonus as the Chase Sapphire Reserve®, and is a very popular card for those new to points and miles.

Credits and Fee Waivers

Arguably, credits are fee waivers are the best benefits of the Chase Sapphire Reserve® Card as they are the quickest and easiest ways to realize savings with the card.

They have set dollar amounts and are fairly easy to redeem, so as long as you would have spent this money anyway, you can think of these credits as directly canceling out part of your annual fee.

$300 Annual Travel Credit Benefit

Automatically receive statement credit for travel purchases that you put on your Chase Sapphire Reserve®, up to $300 per year.

This credit does not have to be used up in a single purchase. Multiple smaller purchases will also be reimbursed, as long as the $300 has not yet been reached and they are in an eligible travel category.

Specifically stated eligible purchases include the following:

  • Airlines
  • Hotels
  • Motels
  • Timeshares
  • Car rental agencies
  • Cruise lines
  • Travel agencies
  • Discount travel sites
  • Campgrounds
  • Operators of passenger trains, buses, taxis, limousines, and ferries
  • Toll bridges and highways
  • Parking lots and garages

Some other purchases may be eligible too, and there are a few listed exclusions.

To be safe, stick to the categories on the list above. It shouldn’t be too hard to get your full $300 credit using those types of purchases.

From August 26, 2018, purchases that qualify for the annual travel credit no longer earn 3x points.

Hot Tip: Unlike credits available with some other credit cards, this annual travel credit is allowed once per cardmember year, not calendar year. Because of this, it doesn’t matter at what point in the year you get the card: your cardmember year will be the 12 following statements, and the credit of $300 will be available once.

Global Entry or TSA Pre-Check Fee Credit Benefit ($100/$85 value every 4 years)

Global Entry Kiosks
Approved passengers can use Global Entry kiosks like these to speed through their re-entry into the United States. Photo courtesy of cbp.gov.

If you haven’t already applied, the Chase Sapphire Reserve® will help you get either Global Entry or TSA Pre-Check at no out of pocket cost.

Simply charge the application fee to your card, and it will be automatically reimbursed as a statement credit.

Global Entry is a Customs and Border Protection program that pre-screens passengers and then allows expedited entry into the United States 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 Pre-Check; so with your application fees being covered, there’s no reason not to apply for Global Entry if you are eligible.

Since the Global Entry and TSA Pre-Check programs only require you to renew your membership every 5 years, this credit is not available every year that you hold the card. Instead, it is available every 4 years, so you’ll always have it when it’s time for you to renew.

If you already have Global Entry (like many of us do), 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 for with your Chase Sapphire Reserve®, it doesn’t matter whose application fee it is.

No Foreign Transaction Fees (3% savings)

With the Chase Sapphire Reserve®, you won’t ever pay a foreign transaction fee for any of your purchases. This applies to both purchases you make when you are traveling internationally, and to purchases you make from foreign businesses when you’re planning your travel.

Although the majority of travel credit cards have no foreign transaction fees, this is an important benefit because you will not have to think about switching the card you use when traveling or booking trips.

Valuable Flexible Points

The Chase Sapphire Reserve® earns points in Chase’s valuable Ultimate Rewards program.

What makes these points so valuable? Flexibility!

Not only can you use Ultimate Rewards points to book travel directly, but they can be transferred to a variety of airline and hotel programs to be redeemed for even more value.

If you get good at redeeming Ultimate Rewards points, you can find some amazing values in the program.

Hot Tip: Since this is one of Chase’s Ultimate Rewards earning cards, it does fall under their 5/24 rule. That means you can’t apply for a new Chase Sapphire Reserve® if you have received 5 or more new credit cards in the past 24 months. It is possible, however, to do a product change from another Chase card to the Chase Sapphire Reserve® if you really want the benefits and are willing to miss out on the sign-up bonus.

3x Points/$1 on Travel and Dining

You will earn 3 Ultimate Rewards points for each dollar you spend on travel or when dining at restaurants anywhere around the world.

To earn 3x points, the purchase of a product or service must be put on your Chase Sapphire Reserve®, and the merchant must be in the travel or dining categories.

From fast food to fine dining and hostels to first class flights, you will be able to earn triple points wherever you go and whenever you’re hungry.

These bonus categories are a great way to quickly build up your Ultimate Rewards balance!

50% More Value in Travel Redemptions

Sydney Harbor Bridge Opera House
Use your Chase Sapphire Reserve® to book with points during a fare sale and you won’t have to worry about the hard-to-find award space to Australia. You’ll be seeing the Sydney Harbor Bridge and the Opera House in person before you know it!

The Chase Sapphire Reserve® provides the highest value of all the Chase cards when you book your travel with points through the Ultimate Rewards Travel Center.

Hot Tip: Other cards have rates of 1 or 1.25 cents per point, but the Chase Sapphire Reserve® gives you a rate of 1.5 cents per point!

Since you only get 1 cent per point of value if you redeem for cash-back, this means redeeming through the Travel Center gives you 50% more value for your points.

It is possible to find higher redemption rates for your points, but in some cases (especially with lower cost flights or hotel nights), the 1.5 cents per point value can be better than redeeming for an award directly through the airline or hotel programs.

No Blackout Dates

When booking with your points through the Ultimate Rewards Travel Center, there are never any blackout dates or extra restrictions on your travel.

If you can find the flight, hotel, or travel package in the Travel Center, you can book it with your points at the rate of 1.5 cents each that we discussed above.

Although this isn’t the absolute best value you can get out of your Ultimate Rewards points, you don’t have to worry about award flights or nights not being available when you want to travel if you book this way.

If there’s a flight or hotel for sale, it can be booked with your points.

1-to-1 Points Transfers to Partners

By far the best value you can get from your points is when you transfer them to be redeemed with one of Chase’s travel partners.

Chase partners with the following airline programs:

Chase Airline Transfer PartnerMin TransferTransfer RatioTransfer Time
Aer Lingus AerClub1,0001:1Almost Instant
British Airways Executive Club1,0001:1Almost Instant
Flying Blue AIR FRANCE KLM
1,0001:11-7 days
Iberia Plus1,0001:1Almost Instant
JetBlue1,0001:1Almost Instant
Singapore Airlines KrisFlyer
1,0001:1Up To 24 Hours
Southwest Airlines Rapid Rewards1,0001:1Almost Instant
United Airlines MileagePlus1,0001:1Almost Instant
Virgin Atlantic Flying Club1,0001:1Almost Instant

They also partner with the following hotel programs:

Chase Hotel Transfer PartnerMin TransferTransfer RatioTransfer Time
World of Hyatt
1,0001:1Almost Instant
IHG Rewards Club1,0001:11 day
Marriott Rewards1,0001:12 days

Ultimate Rewards points can be transferred directly to your accounts with each of these 13 travel partners. Points transfer at a ratio of 1:1 and must be transferred in 1,000 point increments.

Once your points have been transferred to a travel partner, the rules of that loyalty program apply. When booking award flights in premium cabins, it’s sometimes possible to get up to 15 cents per point in value (or even higher)!

Here are some ideas for where you can transfer your points and how to get the best value out of them.

If you want to see where your points (including Ultimate Rewards and others) will transfer and in what ratios, head over to our Transfer Partner Calculator.

Upgrade Your Travel

Miles and points are all about upgrading your travel experience, and the Chase Sapphire Reserve® does an awesome job of this.

Let’s look at how this Chase credit card can help improve your time at the airport and the amenities you receive at high-end hotels.

Airport Lounge Access ($32+ value per person, per visit)

Priority Pass Lounge Locations
With lounges all over the world, the complimentary Priority Pass Select membership that comes with your card has you covered wherever you travel.

The Chase Sapphire Reserve® comes with a complimentary membership to Priority Pass Select. All you have to do is sign up, and there is no fee to do so.

Once your Priority Pass Select membership is activated, you’ll have free access to over 1,000 airport lounges in more than 500 cities worldwide. For visits from August 26, 2018 thee is a limit of 2 complimentary guests per visit.

Hot Tip: Even better, when traveling with friends or family, you can bring them into the lounge with you. The Priority Pass Select membership that comes with your card allows unlimited guests to join the cardmember in a lounge. This can, of course, be limited by any of the individual lounges’ access policies.

Amenities in Priority Pass lounges can vary greatly, so it’s best to use their free app to get an idea of what to expect when planning your trip. From drinks and snacks to showers and massages, you never know what a lounge might offer!

The Luxury Hotel and Resort Collection ($100-$1,000+ value per booking)

A network of over 900 of the world’s best hotels and resorts, the Luxury Hotel and Resort Collection will ensure that you have an amazing stay when you reach your destination.

Hotel stays that are booked through the Luxury Hotel and Resort Collection program and paid for with your Chase Sapphire Reserve® are eligible for the following extra amenities and benefits:

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

Special amenities can include things like 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.

Elite Hotel Benefits at Relais & Châteaux

Relais & Châteaux is a prestigious collection of luxury properties located all around the world.

When you book with your Chase Sapphire Reserve®, you will receive a VIP welcome and complimentary breakfast during your stay.

In addition, you only need 2 stays within a 12 month period to be upgraded to Relais & Châteaux’s Club 5C Elite status. Additional benefits will apply to your bookings once you reach Club 5C status.

Car Rental Privileges

rental car sign
When traveling, sometimes you need to rent a car. The Chase Sapphire Reserve® will make sure that this process goes smoothly and you get the nicest car possible.

Avis

After enrolling in Avis Preferred, cardmembers can use a special code to save up to 30% on qualifying rentals.

National

Your Chase Sapphire Reserve® provides you with a complimentary upgrade to Emerald Club Executive status.

Emerald Club Executive status allows you to reserve a midsize car and then choose any car on the lot when you pick it up. Certain locations are better for higher end cars, but you will almost always end up with something in a higher category than what you reserved.

In addition, you’ll get a code for up to 25% off qualifying rentals.

Silvercar

With Silvercar, you can save 20% on rentals when you use promotion code VISAINF20 and pay for the rental with your Chase Sapphire Reserve®. This discount now even applies to single-day rentals.

Silvercar is a high-end car rental company with 18 locations around the United States. They only rent Audi cars, and every rental comes with free Wi-Fi, GPS, and satellite radio.

Auto Rental Collision Damage Waiver ($20+ value per rental day)

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

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

For coverage to apply, you must pay for the entire rental with your Chase Sapphire Reserve®. You also need to refuse any collision damage and loss damage waiver coverages from the rental company.

There are certain vehicle exclusions, so be sure to double check your coverage if you are renting a specialty vehicle.

Hot Tip: The Chase Sapphire Reserve® is one of the few cards offering primary coverage when you rent a car. That means the coverage from your card will pay out before your personal insurance does. Primary coverage is a huge benefit, and you should take advantage of it whenever you rent a car.

Travel Protections

Above, we’ve taken a look at what this card can do for you when you’re planning and booking your trips. What happens if you have an issue while you are on the road though?

Luckily, the Chase Sapphire Reserve® is one of the strongest cards available when it comes to protecting you during your travels.

Delays, cancellations, accidents, and emergencies are all covered. We never want these types of things to happen when we’re away from home, but at least with the Chase Sapphire Reserve® you can be confident you’ll be taken care of if something does come up.

Trip Cancellation/Interruption Insurance (up to $20,000 per occurrence)

Trip cancellation provides coverage when a trip cannot be taken on or before the scheduled date and therefore must be canceled.

Trip interruption provides coverage when a covered loss on the way to departure or after a trip begins causes the trip to be interrupted.

Reimbursement is in excess of any other travel insurance purchased and covers arrangements for pre-paid tours, trips, or vacations that have been purchased with your Chase Sapphire Reserve® (or with points earned on the card).

One especially nice part of this coverage is that it not only covers 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.

Be sure to check your card benefits information for examples of what is and isn’t considered a covered reason for a loss.

Baggage Delay Insurance (up to $100 per day)

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

Your ticket must have been purchased with your Chase Sapphire Reserve® or with your Ultimate Rewards points, and the benefit is limited to 5 days.

Cardholders, spouses, domestic partners, and immediate family members are covered.

Lost Luggage Reimbursement (up to $3,000 per passenger)

This coverage provides reimbursement for repair or replacement of checked and/or carry-on bags that are 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® 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.

Even if the cardholder is not traveling, the cardholder and any immediate family are covered.

Trip Delay Reimbursement (up to $500 per ticket)

flight delay board
Unexpected expenses when your flight is delayed? No problem — your Chase Sapphire Reserve® has you covered.

If your travel on a common carrier is delayed more than 6 hours or requires an extra overnight stay, you are covered for up to $500 per person who had a ticket that was delayed.

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

The cardholder, cardholder’s spouse or domestic partner, and 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.

To be covered, the trip must be away from your city of residence and under 365 days in length.

Travel Accident Insurance

There are 2 types of travel accident Insurance provided by your Chase Sapphire Reserve®. In the case that both coverages 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 $1,000,000 for loss of life and is proportional depending on the injury.

24-hour Travel Accident Insurance: Provides a benefit for covered losses between your trip starting and ending (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 twice the stated limits.

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

Travel and Emergency Assistance

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 the following:

  • Emergency message service
  • Medical referrals
  • Legal referrals
  • Emergency transportation assistance
  • Emergency ticket replacement
  • Lost luggage locator service
  • Emergency translation service
  • Prescription and document delivery arrangements
  • Pre-trip destination information

Although the referrals and assistance are provided at no cost, the cardholder will be responsible for any costs from the service providers that are referred.

Emergency Medical and Dental (up to $2,500)

Ambulance Hospital Entrance
Nobody wants to think about getting sick while on vacation, but if it happens to you, it’s good to know that your Chase Sapphire Reserve® has you covered.

This benefit provides reimbursement for medical and dental expenses that are a result of emergency treatment due to sickness or injury while on a covered trip.

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

The cardholder, 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 will be covered for lodging when a physician says you cannot travel immediately after treatment.

Emergency Evacuation and Transportation (up to $100,000 per occurrence)

If you or a member of your eligible party is injured or becomes ill during a trip and requires emergency evacuation, coverage will apply 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 years old (25 if enrolled as a full-time student).

Your trip must have been purchased with your Chase Sapphire Reserve® or Ultimate Rewards points to be eligible for this coverage.

This coverage is in excess of your personal insurance or any other travel insurance that applies.

Bottom Line: The above travel protection benefits are some of the best offered by any credit card available. If at all possible, you should try to purchase your pre-paid travel with your Chase Sapphire Reserve® or your Ultimate Rewards points just in case something goes wrong. If it does, you’ll be eligible for some of the highest coverage limits and the widest range of coverages available.

Benefits at Home

The Chase Sapphire Reserve® clearly takes care of you while you are out exploring the world, but what about when you are at home?

Well, it can help there too. From shopping to special entertainment events to making sure you are safe on the road, this premium travel card has you covered when you’re between trips as well.

VIP Event Access

From sports and recreation to dining and shopping, Chase Reserve Experiences will make sure you’re as close to the action as possible.

These VIP events aren’t available to the general public and are limited in quantity. Experience options are regularly changing, so it’s best to check back frequently to find one you want to do.

You never know what you might find or who you might get to meet when you participate in a Chase Reserve Experience!

Roadside Assistance (up to $200 per year)

Tow Truck Roadside Assistance
You never know when you might need a tow truck. If you do, the roadside assistance included with your Chase Sapphire Reserve® will help you out up to 4 times a year.

Available 24 hours a day 365 days a year, the roadside assistance provided with your card covers the cardholder driving their own vehicle or any other vehicle with the permission of the owner.

Covered services include the following:

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

Coverage is limited to $50 per occurrence a maximum of 4 times per year.

Purchase Protection (up to $10,000 per claim)

When it comes to purchase protection, if you purchase an item with your Chase Sapphire Reserve® or points from your card, you will be covered for 120 days in case of unexpected damage or theft of that item.

A maximum of $10,000 per claim and up to $50,000 per account is available for coverage.

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.

Price Protection (up to $500 per item)

The Price Protection benefit was eliminated on August 26, 2018

Return Protection (up to $500 per item)

Generic Return Policy
Return policies aren’t always the most customer friendly. Luckily, your Chase Sapphire Reserve® will help you out if a store won’t take your item back.

If you try to return a personal item within 90 days of your purchase and the store will not take the item back, you may be eligible for reimbursement from your Chase Sapphire Reserve®.

You must have originally purchased the item with your Chase Sapphire Reserve® (or the points you earned with the card).

This coverage is limited to $500 per item and a maximum of $1,000 per year. Many types of items are not covered, so check the details before filing a claim.

Extended Warranty Protection

The warranty for eligible items will be extended by 1 additional year when you purchase those items with your Chase Sapphire Reserve® or rewards earned from the card.

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

This benefit is limited to $10,000 per claim and a maximum of $50,000 per account. Purchases made by the cardholder for themselves or for others as gifts are eligible for coverage.

Final Thoughts

At first glance, it may seem like this credit card doesn’t have as many benefits as some of the other premium cards on the market.

However, when you get into the details of these benefits, you’ll find that the Chase Sapphire Reserve® carries some that are much more valuable than its competitors.

Chase charges a premium annual fee of $450 for this card, but with a $300 travel credit that is fairly easy to use, that fee effectively becomes $150. If you use even a few of the other benefits over the course of a year, you can easily make up the rest of that annual fee.

For serious travelers, the benefits of the Chase Sapphire Reserve® are tough to beat. This card is definitely one that you want to put in your wallet…not just when you are planning your trips, but when you are out on the road as well.

With the often sizable sign-up bonus available, you might even be on your way to luxury travel sooner than you think!

FAQ

Is the Chase Sapphire Reserve worth it?

YES!

As long as you take advantage of the $300 Travel Credit, your annual fee effectively becomes $150 and with all of the other benefits available, the card is easily worth that.

Just a few visits to an airport lounge for a quick layover lunch or one delayed flight with your meals and lodging paid for and you will easily be getting more value out of the card than the annual fee cost you.

What is the difference between the Chase Sapphire Reserve and the Chase Sapphire Preferred?

The main differences between the Chase Sapphire Reserve and Chase Sapphire Preferred cards can be summed up in one simple statement.

The Chase Sapphire Reserve Card has a much higher annual fee and much better benefits.

Some of the major differences that should be highlighted include the following:

Annual Fee – Chase Sapphire Reserve is $450, Chase Sapphire Preferred is $95

Points Earning for Travel and Dining – Chase Sapphire Reserve is 3x, Chase Sapphire Preferred is 2x

Ultimate Rewards Travel Portal Redemptions – Chase Sapphire Reserve is 1.5 cents per point, Chase Sapphire Preferred is 1.25 cents per point

Airport Lounge Access – Chase Sapphire Reserve has Priority Pass Select, Chase Sapphire Preferred has None

Annual Travel Credit – Chase Sapphire Reserve is $300, Chase Sapphire Preferred has None

Global Entry/TSA Pre-Check Credit – Chase Sapphire Reserve is $100/$85, Chase Sapphire Preferred has None

Does Chase ever waive the annual fee for the Chase Sapphire Reserve?

No, because the Chase Sapphire Reserve is a premium card with a long list of valuable benefits, Chase will not waive the $450 annual fee.

However, by taking advantage of the benefits, it is possible to extract more than $450 worth of benefits from the card each year.

Will the Chase Sapphire Reserve signup bonus of 100k ever come back?

It is impossible to say for sure if the 100k signup bonus will ever come back for the Chase Sapphire Reserve, but as of now, it appears that it was just an introductory offer.

The card has been around for more than a year and we did not see the 100k bonus return at any point, so it was likely just for the launch of the card.

Several news reports have also come out saying that Chase was losing money with the higher bonus, so unless they are making a push for a major increase in card membership at some point in the future, we will probably not see the 100k signup bonus return.

Does the Chase Sapphire Reserve include foreign transaction fees?

No, the Chase Sapphire Reserve Card has no foreign transaction fees.

You can feel free to use the card for your international purchases without worrying about paying extra for each transaction.

Can I withdraw cash with the Chase Sapphire Reserve card?

Yes, you can withdraw cash with the Chase Sapphire Reserve, as long as you have set up a PIN and do not have the cash advance limit set to $0 on your account.

Withdrawing cash from a credit card is generally a TERRIBLE IDEA though, unless it is an absolute last resort in an emergency.

This is because withdrawing cash from a credit card is quite expensive to do.

When making a withdrawal from your Chase Sapphire Reserve Card, you will pay a fee of either $10 or 5% of the amount of each transaction, whichever is greater.

The interest on your withdrawal begins at an APR of 26.24% and will vary with the market based on the Prime Rate.

How does my Chase Sapphire Reserve travel credit reflect on my account?

The Annual Travel Credit for your Chase Sapphire Reserve Card will be automatically credited to your account for eligible purchases.

There is nothing you need to do to claim or redeem the Travel Credit.

You will see the credits on your statements for the first $300 in purchases in the Travel category each year that you have the card.

Do Uber, Lyft, and other rideshare companies count for 3x points on the Chase Sapphire Reserve card?

Yes, you will earn 3x points from your Chase Sapphire Reserve Card for purchases with Uber, Lyft, and many other rideshare companies.

In order to count for 3x points, a rideshare company needs to be coded as a travel purchase. Most companies are coded in this way.

What airport lounges can I access with the Chase Sapphire Reserve?

The Chase Sapphire Reserve Card comes with a complimentary Priority Pass Select membership.

Priority Pass Select provides access to over 1,000 airport lounges in over 500 cities worldwide.

With your Chase Sapphire Reserve Card, you also have the ability to bring in two guests at no charge, subject to the limits of individual lounges.

Do I get rental car insurance with the Chase Sapphire Reserve?

Yes, the Chase Sapphire Reserve Card does have a rental car insurance benefit.

In fact, the coverage is primary, meaning it pays out before your personal auto insurance, so it is one of the best insurance coverages provided by a credit card.

As long as you pay for the entire rental with your Chase Sapphire Reserve Card and decline the insurance coverage from the rental agency, the Auto Rental Collision Damage Waiver benefit of your card will pay up to $75,000 for theft or collision damages to your rental car.

Can I add an authorized user to my Chase Sapphire Reserve card?

Yes, you are able to add an authorized user on to your Chase Sapphire Reserve Card account.

Doing so will incur a $75 fee for each authorized user.

Authorized users on the Chase Sapphire Reserve Card will receive their own Priority Pass Select membership and be able to earn 3x points on Travel and Dining purchases, but they will not receive an additional $100 Global Entry Fee Credit or $300 Annual Travel Credit.

Does Chase offer a referral bonus for the Chase Sapphire Reserve?

Yes, Chase offers a referral bonus for the Chase Sapphire Reserve Card.

Existing cardmembers can refer other potential new members and will earn 10,000 points for each approved referral, up to a maximum of 50,000 points per year.

You can refer your friends and family via Facebook, Twitter, other social media profiles, email, or by sending them your personal referral link.

How do I reach Chase Sapphire Reserve Customer Service?

The easiest way to reach customer service for your Chase Sapphire Reserve Card is by calling the number on the back of your card.

Alternatively, you can send a secure message to customer service through your online account with Chase, providing that you have your Chase Sapphire Reserve Card linked to your account.

Advertisement

Chase Sapphire Reserve®

Need More Info? This powerhouse of a rewards card has 29 valuable benefits for cardholders [Get $1,500+ in value], many of which you probably haven’t heard of!

Here are 5 reasons to get the Chase Sapphire Reserve℠ Card.

Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.

7 comments

  1. Robert Willard Sr. · January 3, 2018 · Reply

    WOW! Great Value .. The card almost pays me to use it … and do not forget the $300 for travel, airport lounges, rentals discounts … I will be in the black for fees every year … I can see dropping most of my other cards, and also only one payment each month!

  2. Thanks so much for breaking this down in such fine detail. Very good information here. Well done sir!

  3. The CSR card only upgrades to National Emerald Club Executive status, not Executive Elite.

    • Jeff Brownson · July 12, 2018 · Reply

      Thank for catching that Chris. What I meant to say is that it comes with the elite status of Executive level. When writing this, I forgot that National also had Executive Elite as a separate level. I’ve updated the post to correct this.

  4. Willie Kate Friar · August 31, 2018 · Reply

    I have this card and they make it almost impossible to collect on a claim. I had illness on a cruise ship and put in a claim as I paid for the cruise with my card. A year has passed and although I have supplied all documents they required, they keep asking for more assurance that I did not receive reimbursement from the cruise line or the airline. I have sent documents showing that I received nothing from the cruise line or the airline and sent the documents from the doctor showing that I left the ship due to illness. I sent a signed letter from the airline and from the cruise ship and the doctor but they keep asking for more documents. A year has gone by and they are asking for more documents so I am very disappointed in the Sapphire Reserve card. I would like to know about anyone who has had a claim settled. I think they believe you will eventually give up as there policy is to keep asking for more documents until you are weary of the whole operation.

    I would advise you not to expect too much from their insurance claims. Would like to know of anyone who has been able to collect anything from this insurance.

    • Amogh Sahai · October 22, 2018 · Reply

      I think that YMMV when it comes to insurance claims. It can depend on many factors like how soon u submit the paperwork, who reviews the application, whether everything got submitted, nature of the incident. If they decided not to pay, they should have given you a clear reason.

      My advise would be to get an attorney involved and see whether that makes a difference.

Leave a comment

Your email address will not be published.

Advertiser Disclosure

Many of the credit card offers that appear on this site are from credit card companies from which we receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. For more information on our advertisers, see here.