Often referred to as the top travel card on the market, the Chase Sapphire Reserve® card combines elites travel benefits and perks with excellent point earning and redemption options.
The Chase Sapphire Reserve card aims to help cardholders earn more points and travel more often — while keeping you covered in the process. With a reputation like the card has, there’s obviously a lot to unpack. So let’s jump straight in.
Chase Sapphire Reserve Card — Snapshot
- Welcome Bonus & Info (Partner Content)
- 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. From 6/1/20 through 6/30/21, gas station & grocery store purchases will also count towards earning your Travel Credit
- 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants including eligible delivery services, takeout and dining out & 1 point per $1 spent on all other purchases
- Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
- With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
- 1:1 point transfer to leading airline and hotel loyalty programs
- Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority PassTM Select and up to $100 application fee credit for Global Entry or TSA Pre✓®
- Earn 3x total points on up to $1,000 in grocery store purchases per month from November 1, 2020 to April 30, 2021. Includes eligible pick-up and delivery services
- Card Type:Credit Card
- Card Categories:
- Rewards Center
- Customer Service Number1-800-493-3319 (Available 24/7)
- Login Link
- Related Articles
- The Best Ways to Use Your Chase Sapphire Reserve Sign-up Bonus
- The Top Reasons to Get the Chase Sapphire Reserve
- The Most Valuable Benefits of the Chase Sapphire Reserve [Easy $1,500+ in Value]
- Chase Sapphire Reserve: Maximizing Your Car Rental Insurance & Benefits
- Which Airport Lounges Can I Access With the Chase Sapphire Reserve?
The Ideal Cardholder
As one of the best travel credit cards on the market, the Chase Sapphire Reserve card is obviously ideal for individuals who love to travel and want a card that will help them not only travel more, but enhance those travel experiences.
If you need a card that offers great travel insurance and purchase protection, elite benefits like lounge access and Global Entry, and fantastic point earnings on the things you spend the most on, you’ll be hard-pressed to find a better card than this one.
Great Card If
Don't Get If
- You do not enjoy travel
- You prefer a cash-back credit card to points
- You cannot afford or justify the $550 annual fee
Chase Sapphire Reserve Card — Fees
- Annual Fee
- Foreign Transaction Fees$0
- Interest Rates
- 16.99%-23.99% Variable
- Balance Transfers
- 16.99%-23.99% Variable
- Either $5 or 5% of the amount of each balance transfer, whichever is greater
- Cash Advance APR
- 24.99% Variable
- Either $10 or 5% of the amount of each transaction, whichever is greater.
How to Earn More Chase Points
Travel and Dining Expenses
As mentioned, the Chase Sapphire Reserve card earns 3x points per $1 on all travel and dining purchases. This includes any travel or dining purchases (including gas and grocery purchases through June 30, 2021) that you make outside of the U.S. as well — and with no foreign transaction fees, you’ll be racking up the points without any hidden fees.
Since Chase Ultimate Rewards points can provide you with some incredible value, you’ll want to make this your designated card for all travel and dining purchases you make.
Hot Tip: You may think that Chase only considers airfare or hotel stays as travel purchases, but you’d be mistaken! In fact, Chase considers all of the following as travel purchases: airfare, hotels (including Airbnb), cruises, discount travel sites, trains, buses, taxis (including Uber and Lyft), limousines, ferries, toll bridges, and parking garages.
Chase Shopping Portal
Skip the traffic, skip the crowds, skip the lines, and get all your shopping done from your couch in your pajamas…while earning extra points for it?
It’s not too good to be true! With the Chase Ultimate Rewards Shopping Portal, you can earn anywhere from 1x-20x points per $1 when shopping online with companies like Apple, Macy’s, or Nike.
Adding More Ultimate Rewards-Earning Cards
If you want to increase your earning potential, you’ll want to consider adding some other Ultimate Rewards-earning cards to your wallet. Consider the Chase Freedom Unlimited®, which earns 5x Ultimate Rewards points on travel through Chase Ultimate Rewards, 3x Ultimate Rewards on dining and drugstore purchases, and 1.5x Ultimate Rewards points on all other purchases.
Cardholders of the Chase Freedom Unlimited earn a massive 50% more points on non-bonus purchases, as opposed to the 1x earned with the Chase Sapphire Reserve card.
There are a number of personal and business Chase credit cards that earn Ultimate Rewards, not just the Freedom Unlimited.
How to Use Chase Points for Max Value
One of the best things about Chase Ultimate Rewards points is how versatile they are. In fact, cardholders have 6 different redemption options (although they aren’t all created equally and can differ greatly in terms of value).
Transferring to Airline and Hotel Partners
If you were hoping we’d jump straight into the most lucrative redemption option, you’re in luck. Transferring your Chase Ultimate Rewards points to their respective airline and hotel partners is often the best value redemption you can make.
Transfer partners allow you to redeem your points for luxurious business-class flights and hotel stays that could otherwise cost thousands of dollars.
Often this method is overlooked because cardholders feel that it is too complicated to bother with. But utilizing transfer partners isn’t nearly as difficult as you may think. If you need help getting started, check out our guide on Chase’s transfer partners and how to use them.
Redeeming Points Through the Chase Ultimate Rewards Travel Portal
If simplicity and flexibility are what you’re after, this is the method for you. With the Ultimate Rewards Travel Portal, you can save time and frustration by not having to worry about blackout dates, award space, or transfer partners.
In addition, your Chase Sapphire Reserve card points are worth 50% more than their cash-back value when booking rewards through the travel portal. This means each point you earn with the card is worth at least 1.5 cents when used through the travel portal. So if you earn 50,000 Ultimate Reward points, you could redeem those for $750 in travel purchases.
Redeeming for Gift Cards
Cardholders can also cash out their points in the form of gift cards if they so choose. Chase gives you the option of choosing gift cards from over 150 different brands, and each point is worth 1 cent toward the gift card — so a $100 Nike gift card would set you back 10,000 Ultimate Rewards points.
Redeeming for Cash-Back
If you’re not interested in travel, redeeming your points for cash-back could be the next best option. Chase allows you to redeem your points at a rate of 1 cent per point, which can be applied either as a statement credit or deposited directly into your bank account.
Update: Chase now allows cardholders to redeem their points at a rate of 1.5 cents per point as a statement credit towards purchases at grocery stores, home improvement stores, and dining establishments until April 30, 2021.
Use Points With Amazon or Apple
Similar to cash-back and gift cards, if you link your card with your Amazon and Apple accounts, Chase will allow you to use your points toward the purchase of items from either merchant. Again, with this method, your points will have a fixed value of 1 cent each.
Chase Experience Portal
An interesting feature offered by Chase is the option to redeem your points for VIP access to sports, entertainment, and dining experiences through their Chase Experience Portal. While it’s nice that these experiences are only available to Chase credit card holders, we generally wouldn’t advise using points for these — your points prices will often be tied to the cash value and only worth 1 cent each.
Chase Airline Transfer Partners
|Chase Airline Transfer Partner||Min Transfer||Transfer Ratio|
(Chase > Airline)
|Aer Lingus AerClub||1,000||1:1||Almost Instant|
|British Airways Executive Club||1,000||1:1||Almost Instant|
|Flying Blue AIR FRANCE KLM||1,000||1:1||1 hour|
|Emirates Skywards||1,000||1:1||New, pending reports|
|Iberia Plus||1,000||1:1||Almost Instant|
|Singapore Airlines KrisFlyer||1,000||1:1||1-2 days|
|Southwest Airlines Rapid Rewards||1,000||1:1||Almost Instant|
|United Airlines MileagePlus||1,000||1:1||Almost Instant|
|Virgin Atlantic Flying Club||1,000||1:1||Almost Instant|
Chase Hotel Transfer Partners
|Chase Hotel Transfer Partner||Min Transfer||Transfer Ratio||Transfer Time|
|World of Hyatt||1,000||1:1||Almost Instant|
|IHG Rewards Club||1,000||1:1||1 day|
|Marriott Rewards||1,000||1:1||2 days|
Alternative Cards to the Chase Sapphire Reserve
The Platinum Card® from American Express
|Credit Card||Benefits & Info|
The Platinum Card® from American Express
(at Amex's secure site)
Must Reads: For more info on the Amex Platinum, see our thoughts on its benefits & perks, travel insurance coverage, and unbeatable airport lounge access. Take a look here for our full review.
Often mentioned alongside the Chase Sapphire Reserve card, the Amex Platinum Card is no slouch when it comes to a premium rewards credit card.
In fact, the Amex Platinum Card offers some of the best elite perks on the market, like Gold status with Marriott and Hilton hotels, access to American Express Centurion lounges and Delta SkyClubs, and even Uber and Saks Fifth Avenue credits.
So if you prefer a card that offers more elite perks and increased lounge access, then Platinum Card might be a better option for you.
Hilton Honors American Express Aspire Card
While the Aspire Card is technically a hotel card, it still offers other travel benefits like airport lounge access and 7x Hilton points per $1 spent on airfare.
Not only that, but you’ll also receive a $250 Hilton resort credit, complimentary Diamond status, and 1 free annual weekend night at any Hilton hotel.
While Hilton points aren’t as valuable as Chase Ultimate Reward points, if you’re a Hilton loyalist who spends a large number of nights each year at their hotels, this could be the best card option for you.
We’ve also compared the Chase Sapphire Reserve card to a number of popular cards:
- The Chase Sapphire Preferred® Card vs. the Chase Sapphire Reserve
- The Chase Sapphire Reserve vs. The Amex Platinum
The information regarding the Chase Freedom Unlimited®, Ink Business Preferred® Credit Card, Ink Business Cash℠ Credit Card, and Hilton Honors American Express Aspire Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
For rates and fees of The Platinum Card® from American Express, click here.
Frequently asked questions
What is the Chase Sapphire Reserve card? Is it worth it?
This card is Chase’s new luxury travel card in their Ultimate Rewards lineup.
Similar to the Amex Platinum Card, this card has Priority Pass Select lounge access plus a $300 travel credit each year. Remember that from 6/1/20 through 6/30/21, gas station & grocery store purchases will also count towards earning your Travel Credit
Additionally, you will get credited for a TSA PreCheck or Global Entry application fee every 4 years.
The card earns 3x points in travel and dining, which beats the Chase Sapphire Preferred® Card’s 2x points in the same categories. However, because there are so many benefits to the card, it costs $550 per year.
Does the Chase Sapphire Reserve card fall under the Chase 5/24 rule?
Unfortunately it does. So if you have signed up for more than 5 Chase cards in the last 2 years, you will have to wait to sign up for the card.
Does the Chase Sapphire Reserve card have lounge access?
Yes, the card has a Priority Pass Select Membership, which is the newest version of the Priority Pass Membership specific to financial institutions that provide memberships via reward cards.
How does the Chase Sapphire Reserve card travel credit work?
You simply make purchases in the travel category with your card, and the credit card issuer will automatically reimburse for the purchases until you reach the $300 limit. Remember that from 6/1/20 through 6/30/21, gas station & grocery store purchases will also count towards earning your Travel Credit
How does the card stack up versus the Citi Prestige® Card?
The Citi Prestige® Card is in the similar luxury travel space, although costing more at $495 per year. However, instead of a $300 travel credit, the Citi Prestige Card only has a $250 credit.
One unique feature of the Citi Prestige Card is that you get a 4th night free when you book hotels with the card up to twice a year.
The big difference maker here is that the Citi Prestige Card earns 5x on airline and dining purchases, 2 points more than you earn with the Chase Sapphire Reserve card. However, the Citi Prestige Card only earns 5x points for airfare purchases, whereas the Chase Sapphire Reserve card earns 3x for all travel-related purchases.
What is the Chase Sapphire Reserve card's annual fee?
The card has an annual fee of $550.
What is the Global Entry credit?
The Global Entry credit allows you to get credited for the $100 fee once every 4 years.
What are the car rental benefits that come with the Chase Sapphire Reserve card?
You can redeem your reward points in the Chase travel portal for a 50% discount on car rentals as well as other travel.
What are the benefits of the Chase Sapphire Reserve card?
Does the annual fee count toward the Chase Sapphire Reserve card minimum spend?
The annual fee on the Chase Sapphire Reserve card is not counted toward the minimum spend requirement. Keep this in mind, as the annual fee will likely post on your first statement but this $550 is not counted toward your minimum spend requirement.
Is the Chase Sapphire Reserve card metal?
Yes, the Chase Sapphire Reserve card is metal with a dark blue finish.
Do Chase Ultimate Rewards points expire?
No, your Chase Ultimate Rewards points will never expire as long as the account remains active. No qualifying activity is necessary. As long as you do not close the account, your points are safe.
Is the Chase Sapphire Reserve a charge card?
Unlike the Amex Platinum Card, the Chase Sapphire Reserve is not a charge card. Chase Sapphire Reserve cardholders receive a set credit limit based on their creditworthiness. Since the Reserve is a Visa Infinite card, the minimum credit limit for approved applicants is $10,000.
Does the Chase Sapphire Reserve card waive the annual fee for military?
Yes, if you are a member of the U.S. military, the $550 annual fee on the Chase Sapphire Reserve card is waived. You will receive all of the same benefits that the card offers at no out-of-pocket cost to you.