Great Card If
- You are a business owner who travels often
- You want a card that offers luxury perks and benefits
- You can easily make use of the cards many annual credits
Don’t Get If
- You want a card with a lower or no annual fee
- The annual credits that come with the card won’t be useful to you
- You rarely travel and won’t make use of perks like the airport lounge access
Chase Sapphire Reserve for Business Card — Is It Worth It?
If you’re a business owner who could easily make use of many of the annual credits for merchants such as Google Workspace and ZipRecuiter, has business expenses that fall within the bonus categories like ad spend, and travels often enough to get enough value out of the travel perks like airport lounge access, then it is pretty likely that the Chase Sapphire Reserve for Business card would be very worth it for you.
Chase Sapphire Reserve for Business Card Top Benefits
While the card charges a hefty annual fee of $795, it also comes with a laundry list of benefits and credits that help deliver far more value than the annual fee.
Card Benefits
Here is an overview of the non-statment credit-related benefits you’ll receive for holding the card:
Annual Credits
- $300 annual travel credit that can be applied toward purchases of flights, hotels, car rentals, cruises, and more
- $500 annual credit for stays with The Edit by Chase Travel, delivered in 2 $250 biannual credits from January through June and again from July through December for prepaid bookings (2-night minimum stay required)
- $400 annual ZipRecruiter credit, delivered in 2 $250 biannual credits
- $200 annual Google Workspace credit
- $100 Giftcards.com credit, delivered in 2 $50 biannual credits
- $300 annually in monthly DoorDash promos ($5 restaurant credit and 2 $10 non-restaurant credits) and a complimentary DashPass membership worth $120 annually
- $120 in annual Lyft in-app credits, up to $10 monthly
- $120 Global Entry, TSA PreCheck, or NEXUS credit every 4 years
Plus, if you spend $120,000 on the card in a calendar year, you’ll also receive IHG One Rewards Diamond Elite status, Southwest Airlines A-List status, a $500 Southwest Airlines credit when booked through Chase Travel, and a $500 The Shops at Chase credit (an online shopping experience designed exclusively for cardmembers).
Best Ways To Earn and Redeem Your Chase Points
It should come as no surprise, but one of the best ways to earn more points is to use your Chase Sapphire Reserve for Business card for as many business expenses as you can, especially on those that fall within the bonus categories of ad spend, direct flight and hotel bookings, as well as travel bookings though Chase Travel. Beyond that, read through our guide on the best ways to earn Chase Ultimate Rewards points to learn other great options to boost your point balance.
Once you’ve built up a large balance of Chase Ultimate Rewards points, you’ll want to get as much value for them as you possibly can. We’ve got you covered there as well with our guide on the best ways to redeem Chase Ultimate Rewards points, many of which teach you how to strategically utilize the Chase transfer partners to book luxury trips for a fraction of the normal cash price.
Alternative Cards to the Chase Sapphire Reserve for Business Card
If you’re in the market for a premium business credit card, the Amex Business Platinum card is another option worth considering.
While it isn’t as strong at earning points as the Chase Sapphire Reserve for Business card, it earns 5x Amex Membership Rewards points on flights, prepaid hotels, short-term rentals, and prepaid flight and hotel packages booked through AmexTravel.com. It also earns 1.5x points in key business categories and on purchases of $5,000 or more (on up to $2 million per calendar year).
That said, it does come with many other helpful perks for cardholders, such as access to over 1,400 worldwide airport lounges as part of the American Express Global Lounge Collection and various annual credits for airline fees, Dell, CLEAR, Hilton, Adobe, Indeed, and more.
Another great option for a premium business card with half the annual fee is the Capital One Venture X Business card.
It earns 10x Capital One miles on hotels and rental cars and 5x miles on flights purchased through Capital One’s travel booking site, along with 2x miles on all other purchases. It also comes with a $300 annual travel credit on bookings made through Capital One’s travel booking site and 10,000 bonus miles. Cardholders also enjoy airport lounge access to Priority Pass lounges and Capital One Lounges.
