Chase Sapphire Reserve Card – Full Review [2021]

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Chase Sapphire Reserve Card – Full Review [2021]

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"The Latest Premium Travel Card From Chase"

A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering the perks of other luxury cards.

Learn More (at Chase's secure site)

Is the Chase Sapphire Reserve Worth It?

Often referred to as one of the top travel rewards cards on the market, the Chase Sapphire Reserve® combines elite 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.

So, is the Chase Sapphire Reserve card actually worth it? With a reputation like this card has, there’s obviously a lot to unpack. We’ll look at the benefits of the card and weigh those benefits against the annual fee to help you decide if the card is worthy of a place in your wallet.



  • $550 annual fee
  • Does not offer any sort of hotel elite status

Chase Sapphire Reserve Card — Snapshot

The Ideal Cardholder for the Chase Sapphire Reserve Card

Man Traveling Thailand
With Chase Ultimate Rewards, each purchase brings you closer to your next vacation. Image Credit: Twinsterphoto via Shutterstock

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.

Here are more details about some of the top benefits of the Chase Sapphire Reserve card to look forward to:

$300 Annual Travel Credit

One of the most important benefits of the Chase Sapphire Reserve card is the $300 annual travel credit. You will get up to $300 in statement credits each year for travel purchases charged to your Chase Sapphire Reserve card.

What counts as a travel purchase? Luckily, Chase has one of the broadest definitions of travel on the market, and purchases include:

  • Airfare
  • Campgrounds
  • Car rental agencies
  • Cruise lines
  • Discount travel sites
  • Hotels/motels (including Airbnb) and timeshares
  • Travel agencies
  • Trains, buses, taxis (including Uber and Lyft), limousines, and ferries
  • Toll bridges/highways
  • Parking lots and parking garages

Hot Tip: You can redeem your $300 annual credit towards purchases at grocery stores and gas stations through December 31, 2021.

Priority Pass Airport Lounge Access

One of the best benefits of the Chase Sapphire Reserve card is its Priority Pass Select membership that gives cardholders access to 1,300+ airport lounges and restaurants worldwide. With your membership, you’ll also be able to bring 2 guests into any lounge with you. However, when it comes to Priority Pass restaurants, you’re limited to 1 guest and up to $28 in food and beverage charges per person.

Whether you enjoy a preflight snack, complimentary beverages, or a quiet space to work before a flight, airport lounge access is a great perk to have.

Lyft Pink Membership

Chase offers all of its Chase Sapphire Reserve primary cardholders a complimentary 12-month subscription to Lyft Pink when activated by March 31, 2022.

This subscription usually costs $19.99 per month, giving cardholders an extra $239 in benefit per year. Lyft Pink’s benefits include:

  • 15% Off Car Rides — Enjoy 15% off all Lyft rideshare rides, regardless of class
  • Priority Airport Pickups — Receive priority pickup at participating airports
  • Relaxed Cancellations – You won’t be charged cancellation fees on 3 ride cancellations per month if you rebook within 15 minutes
  • Surprise Offers — Special offers and seasonal discounts
  • Waived Lost and Found Fees — Waived lost and found fee if you forget something in a Lyft vehicle (and it’s returned to you)
  • Free Bike and Scooter Rides – 3 free Lyft-operated bike and scooter rides in select markets (up to 30 minutes in length); you can view the list of eligible cities on Lyft’s website
  • Free Grubhub+ and Seamless+ Membership – Free delivery over $12 and special discounts at popular restaurants

Hot Tip: Don’t forget that the Chase Sapphire Reserve card also earns a whopping 10x points per $1 on Lyft purchases through March 2022.

DoorDash DashPass, Grubhub+, and Seamless+ Subscriptions

Chase Sapphire Reserve card primary cardholders also get a free subscription to DoorDash DashPass. This membership includes free delivery from select DoorDash restaurants so long as your order total is $12 or more before the service fee and needs to be activated by December 31, 2021.

Even better, there’s also an annual $60 DoorDash credit through 2021 included with the Chase Sapphire Reserve card, so you can trial the food delivery service for free!

The DoorDash DashPass benefit can be used by the primary cardholder and authorized users. However, only 1 statement credit is issued, meaning that the primary cardholder accesses the same $60 credit with all authorized users.

Lyft Pink members also have access to a free Grubhub+ and Seamless+ membership offering unlimited free delivery (minimum $12 order) and exclusive member perks at nearly 200,000 restaurants — a $120 annual value.

Global Entry or TSA PreCheck Fee Credit Benefit

The Chase Sapphire Reserve card will help you get either Global Entry or TSA PreCheck at no out-of-pocket cost once every 4 years. 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 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 being covered, there’s no reason not to apply for Global Entry if you are eligible.

The Luxury Hotel and Resort Collection

The Luxury Hotel and Resort Collection is a network of over 900 of the world’s best hotels and resorts around the world. Chase Sapphire Reserve cardmembers get free Luxury Hotel and Resort Collection membership and 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

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.

Note that you must book hotels through the Luxury Hotel and Resort Collection program and pay for your stay with your Chase Sapphire Reserve card to take advantage of these benefits — hotel stays booked direct or through another portal are not eligible.

Rental Car Elite Status

The Chase Sapphire Reserve card comes with great rental car benefits with 3 separate companies.

When you enroll your card with National you’ll receive a complimentary Emerald Club Executive Level membership, allowing you to select any car you’d like from the Emerald or Executive aisles. Plus, when you use your card and make a reservation directly through National you can save up to 25% on qualifying rentals with code 5030849.

When you enroll with Avis you’ll receive Preferred status that offers 75% bonus points on every rental. In addition, you’ll receive a 30% discount when using your card and making a reservation directly through Avis with Avis Worldwide Discount (AWD) Number S107100.

Finally, cardholders get 30% off all rentals with Silvercar by Audi as a Visa Infinite benefit.

Primary Rental Car Insurance

The Chase Sapphire Reserve card offers primary rental coverage and pays for any loss, theft, or damage to your rental car, as well as towing and loss of use for the rental company, for up to $75,000 for car rentals that are 31 days or shorter.

For this coverage to apply, you must pay for the entire rental with your Chase Sapphire Reserve card. You also need to refuse any collision damage and loss damage waiver coverages from the rental company — if you don’t do this, the rental company’s coverage will apply first.

Do note that there are certain vehicle exclusions, namely for high-end sports and luxury cars. With that in mind, be sure to double-check your coverage if you’re renting any type of specialty vehicle.

Trip Interruption/Cancellation Insurance

If your trip gets cut short due to sickness, extreme weather, or other select situations, you’ll be covered up to $10,000 per person ($20,000 per trip). These benefits cover you and your immediate family for prepaid, non-refundable travel expenses, including passenger fares, tours, and hotels.

Trip Delay Insurance

If your flight 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.

The $500 can be used to cover expenses incurred during the delay, including meals, lodging, toiletries, medication, and other personal items.

Baggage Delay and Lost Luggage Insurance

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

If your baggage is lost or damaged during your trip by the carrier, you’re covered up 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.

Purchase Protection

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. In other words: if you buy a new laptop and it’s stolen the next day, you’ll be reimbursed for the cost of replacing it.

There’s a maximum of $10,000 per claim and up to $50,000 per account is available for coverage. Further, 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.

The benefit is especially valuable for cell phones, laptops, tablets, and other things that can be easily lost, so consider putting new tech purchases on your new Chase Sapphire Reserve card.

Extended Warranty Protection

When you purchase eligible items with your card, the manufacturer’s warranty will be 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. 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, 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.

Roadside Assistance

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, which should be more than enough for most drivers.

Peloton Statement Credit and Bonus Earnings

Receive a statement credit of up to $120 through December 31, 2021, towards the cost of Peloton’s all-access membership fee of $39 per month (for those with a Peloton Bike or Peloton Tread) or digital access fee of $12.99 per month (for those without equipment). Cardmembers can enroll on Peloton’s promotion webpage.

Cardmembers will also earn 10x points on each Peloton Bike, Tread, and accessory purchase over $1,800, up to 50,000 total points, and a complimentary Digital Membership from Peloton after your order (through March 2022).

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
    • $550
    • Each Authorized User: $75 per year
  • Foreign Transaction Fees
  • Interest Rates
    • 16.99% to 23.99% variable
  • Late fees
    • Up to $40
    • Penalty APR: Up to 29.99% Variable
  • Balance Transfers
    • 16.99% to 23.99% Variable
    • Fee: Either $5 or 5% of the amount of each balance transfer, whichever is greater
  • Cash Advance APR
    • 24.99% Variable
    • Fee: Either $10 or 5% of the amount of each transaction, whichever is greater.

How To Earn More Chase Points

Travel Expenses

As mentioned, the Chase Sapphire Reserve card earns 5x total points on airline ticket purchases and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards immediately after the first $300 is spent on travel purchases annually.

Earn 3x points on other travel and dining and 1 point per $1 spent on all other purchases. This includes any travel or dining purchases (including gas and grocery purchases through December 31, 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. 

Dining Expenses

Chase Sapphire Reserve cardholders will earn 10x points per $1 on Chase Dining purchases made through the Ultimate Rewards portal, plus 3x points per $1 on all other dining purchases made at restaurants or through delivery services.

Lyft Rides

The Chase Sapphire Reserve card earns a massive 10x Ultimate Rewards points per $1 on Lyft rides through March 2022. So if you’re someone who regularly uses Lyft throughout the week, whether it be for commuting to work or going out on the weekend with your friends, this is a great way to earn extra Ultimate Rewards points.

Everyday Purchases

Even purchases that don’t fall within the travel, dining, or Lyft categories will still earn 1x points per dollar. This isn’t as good of an earn rate as a card like the Chase Freedom Unlimited®, but it still helps you rack up the points for all of your purchases.

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 to 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 Freedom Unlimited card that earns 5% Ultimate Rewards points on travel through Chase Ultimate Rewards, 3% Ultimate Rewards on dining and drugstore purchases, and 1.5% Ultimate Rewards points on all other purchases.

Cardholders of the Freedom Unlimited card 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 card.

Bottom Line: There are so many ways to earn Chase Ultimate Rewards points that listing them all out would need its own post — so we did just that! Check out our article on the best ways to earn lots of Chase Ultimate Rewards points

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 its 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.

Park Hyatt Paris Vendome Exterior
Transfer your Ultimate Rewards points to Hyatt and you can book award nights at the Park Hyatt Paris-Vendôme. Image Credit:

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.

Your Chase Sapphire Reserve card points are also 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 60,000 Ultimate Reward points, you could redeem those for $900 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 Pay Yourself Back statement credit towards purchases at grocery stores, home improvement stores, and dining establishments until September 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 Experiences Portal

An interesting feature offered by Chase is the option to redeem your points for VIP access to sports, entertainment, and dining experiences through its Chase Experiences 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.

Bottom Line: Our top choice is using points with transfer partners for some incredible travel experiences. Due to this, we don’t recommend redeeming your points for cash-back, gift cards, or any other option that only earns you 1 cent per point in value. Here’s how you can travel like a pro and use your Chase points for maximum value

Chase Airline Transfer Partners

Chase Airline Transfer PartnerMin TransferTransfer Ratio
(Chase > Airline)
Transfer Time
Aer Lingus AerClub1,0001:1Almost Instant
Air Canada Aeroplan1,0001:1Almost Instant
British Airways Executive Club1,0001:1Almost Instant
1,0001:11 hour
Emirates Skywards1,0001:1Almost instant
Iberia Plus1,0001:1Almost Instant
JetBlue1,0001:1Almost Instant
Singapore Airlines KrisFlyer
1,0001:11-2 days
Southwest Airlines Rapid Rewards1,0001:1Almost Instant
United Airlines MileagePlus1,0001:1Almost Instant
Virgin Atlantic Flying Club1,0001:1Almost Instant

Chase Hotel Transfer Partners

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

Alternative Cards to the Chase Sapphire Reserve Card

The Platinum Card® from American Express

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 Sky Clubs, and even Uber and Saks Fifth Avenue credits.

So if you prefer a card that offers more elite perks and increased lounge access, then the Amex Platinum card might be a better option for you.

Hilton Honors American Express Aspire Card

While the Hilton Aspire card is technically a hotel card, it still offers other travel benefits like airport lounge access and 7x Hilton Honors 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 Honors 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 its 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 information regarding the Chase Freedom Unlimited®, Hilton Honors American Express Aspire Card, and Capital One Venture Rewards 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. 

The Gritty Details: Everything Else You Need to Know

Curious what other great benefits the Chase Sapphire Reserve card can offer you? Here are some that can give you even more value as a cardholder.

Elite Hotel Benefits at Relais & Châteaux

Relais & Châteaux is a prestigious collection of luxury properties located in various cities around the world. When you book a stay at one of these hotels with your Chase Sapphire Reserve card, you will receive a “VIP welcome” and complimentary breakfast during your stay.

The VIP welcome benefit varies by property but can include things like a bottle of Champagne 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!

Elite Hotel Benefits at sbe

sbe is a luxury hotel brand that includes brands like Delano, Hyde, Mondrian, The Originals, The Redbury, and SLS. These properties can be found in cities like Beverly Hills, London, New York City, and others around the world.

Book sbe hotel stays through the sbe Chase Sapphire Reserve card portal and you’ll get access to benefits like:

  • Fourth-night free
  • $30 food and beverage credit
  • Complimentary upgrades (subject to availability)
  • Complimentary continental breakfast for 2 people
  • Complimentary Wi-Fi
  • Late checkout (subject to availability)

Frequently asked questions

What is the Chase Sapphire Reserve card? Is it worth it?

This card is Chase’s luxury travel card in its 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 through December 31, 2021, gas station and 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 10x points on hotels, car rentals, and dining through the Ultimate Rewards portal, 5x points on airfare through the Ultimate Rewards portal, and 3x points on all other travel and dining. 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.

Unfortunately, you will not have access to other airline lounges outside of Priority Pass, such as Delta Sky Club, American Airlines Admirals Club, and United Club lounges.

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 you for the purchases until you reach the $300 limit.

Through December 31, 2021, gas station and 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 (no longer eligible for new applications) is in the similar luxury travel space, although costing less 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 fourth-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. 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?

The Chase Sapphire Reserve comes with benefits like a $300 annual travel credit, Priority Pass lounge access, Global Entry or TSA PreCheck fee credit, trip insurance, purchase protection, and 3x points earned on all of your travel and dining purchases.

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?

The Chase Sapphire Reserve card is not a charge card. Chase Sapphire Reserve cardholders receive a set credit limit based on their creditworthiness. Since the Chase Sapphire Reserve card 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. See our guide: The 10 Best Chase Credit Cards for Military Members.

Do authorized users receive all benefits of the Chase Sapphire Reserve card?

If you add an authorized user to your Chase Sapphire Reserve card they will receive their own Priority Pass Select membership, earn points, have all of the card’s travel protections, rental car benefits, and their own DoorDash DashPass subscription.

However, they will not receive an additional $300 travel credit, Global Entry/TSA PreCheck credit, DoorDash credits, or a Lyft Pink membership.

Can I downgrade my Chase Sapphire Reserve card?

Yes, if you’ve had your Chase Sapphire Reserve card open for at least 1 year, you are able to downgrade it to the Chase Sapphire Preferred card, which has a much cheaper annual fee of $95.

Do Chase Sapphire Reserve card points expire?

As long as your account remains open and in good standing, the points you’ve earned from your Chase Sapphire Reserve card will never expire.

How do I upgrade my Chase Sapphire Preferred card to the Chase Sapphire Reserve card?

If your Chase Sapphire Preferred card has been open for at least 13 months, you can upgrade it by calling the customer service number on the back of your card and letting them know that you’d like to upgrade to the Chase Sapphire Reserve card.

You can also send a secure message asking to upgrade through your online Chase account.

Jarrod West

About Jarrod West

Jarrod first became fascinated with the world of points and miles as the perfect way to visit dream destinations without breaking the bank. On his first major award trip, he spent 3 months traveling through Europe, financed nearly entirely with points; while flying in premium cabins and staying in 5-star hotels along the way. Now, he is on a mission to help others realize their travel goals and upgrade their travel experiences. Jarrod has been writing about credit cards and travel loyalty programs for 4 years, and his work has been featured by Travel and Leisure, Matador Network, Yahoo Finance, and U.S. News.

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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.


  1. Paying for eligible item with Ultimate Rewards Points

    1. Assume I have 100,000 Ultimate Rewards Points.

    2. I have a Sapphire Preferred card so can get a 25% bonus when I use them to pay for eligible items on my bill. That’s a cash equivalent of $1,250.

    3. If I had a Sapphire Reserve card which has a 50% bonus, those points could be used to cover $1,500 of eligible items.

    4. If my wife gets a Sapphire Reserve card, can I transfer these points to her so they can be used to cover $1,500 of eligible items?

    5 . A related question: Can Ultimate Reward points be used to cover all or part of the required $4,000 spend. If so, would they be worth $1,500 immediately, or do they have the 50% bonus only after we have met the required spend?

    6. Are bonus points treated any differently than earned points? If someone has a Sapphire Reserve card can Sapphire Preferred bonus points be used by the Sapphire Reserve holder thus making the current sign-up bonus worth $1,500?


    • Hi MadMark,

      If your wife has a Chase Sapphire Reserve card, yes you can transfer points to here to have them redeemed at the higher 50% rate.

      Your Ultimate Rewards points cannot be used to cover any portion of the minimum spend requirement.

      Bonus points are not treated any differently than earned points. If someone in your household signs up for the Sapphire Preferred card they can transfer those points to someone with a Sapphire Reserve card to increase the redemption value of the points.


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