My Favorite (and Least Favorite) Chase Sapphire Reserve Card Credits

Using your credit card’s benefits is key to justifying its annual fee, but you don’t need to use every perk. Some benefits may tempt you simply because they exist, even if they don’t add real value to your life or travels.

This is especially true with high-fee cards like the Chase Sapphire Reserve^®, which offers a long list of benefits and credits — many added after its June 2025 refresh. Still, not all of them prove useful.

Here are the statement credits I love on the Chase Sapphire Reserve card — and those I don’t.

Chase Sapphire Reserve Card Overview

The Chase Sapphire Reserve card has a $795 annual fee, which can feel tough to swallow if you aren’t able to get value from its benefits. And the Chase Sapphire Reserve card has many benefits — that’s true. Some are easier to use than others, however.

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Chase Sapphire Reserve^®

U.P. Rating 

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

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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 125,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.

125,000 points

UP's Offer Valuation*:

$2,500

Annual Fee

$795

APR

19.99% - 28.49% 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 card application.

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

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Card Highlights

• Earn 125,000 bonus points after you spend $6,000 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: 19.99% - 28.49% Variable
• Foreign Transaction Fees: None

Rewards Center

Chase Ultimate Rewards

This card comes with numerous benefits like airport lounge access, Points Boost redemptions, quality earnings, hotel elite status with IHG, great travel insurance, and more. Additionally, it offers several statement credits (some require enrollment).

Chase Sapphire Reserve Card Credits

Some of these credits have been available for years, while others were added during a June 2025 overhaul of the Chase Sapphire Reserve card. They include:

• $300 annual travel credit: This is automatically applied to the first $300 of travel purchases each account year (purchases offset by this credit don’t earn points).
• $500 stays credit with The Edit: Get up to $250 in statement credits in the first half of the year and $250 in the second half for prepaid bookings of 2 nights or longer. After January 1, 2026, this credit automatically applies to your first 2 qualifying bookings each year.
• $120 airport security program credit: Receive up to $120 every 4 years toward TSA PreCheck, Global Entry, or NEXUS application fees.
• $300 dining credit: Get up to $150 in statement credits from January to June and $150 from July to December, valid at restaurants participating in Sapphire Reserve Exclusive Tables.
• $300 DoorDash credit: You get up to $25 per month in credits, given as 2 $10 grocery, retail, etc. credits and a $5 restaurant credit (through December 31, 2027).
• $300 StubHub credit: Receive up to $150 from January to June and $150 from July to December toward StubHub and viagogo purchases (through December 31, 2027).
• $120 in Lyft credits: Along with 5x points on Lyft rides, get $10 in monthly in-app credits (benefit valid through September 30, 2027).
• $120 Peloton credit: Earn 10x points on qualifying purchases and up to $10 in monthly statement credits for eligible memberships (through December 31, 2027).

Remember that some of these benefits require enrollment before you can use them.

Moreover, cardholders can unlock additional benefits after spending $75,000 on their card in a calendar year, including IHG One Rewards Diamond Elite status, Southwest Airlines A-List status, and 2 additional credits, valid through the end of the calendar year after you meet the spending threshold:

• $250 credit for The Shops at Chase: Applies automatically to eligible purchases
• $500 Southwest Airlines flight credit: Valid for purchases in the Chase Travel portal only and applies automatically to Southwest Airlines purchases

Hot Tip:

The Chase Sapphire Reserve card is offering one of its highest-ever welcome bonus offers right now: 125,000 bonus points after spending $6,000 on purchases in the first 3 months.

How I Use the Chase Sapphire Reserve Card

I use the Chase Sapphire Reserve card to enroll in IHG Platinum Elite status — since I don’t qualify for it on my own — for lounge access, and for travel spending. Along with Chase’s own Sapphire Lounge network, I enrolled in Priority Pass Select for access to additional airport lounges.

And I love earning Chase Ultimate Rewards points along the way, which I find incredibly valuable and versatile. I can use them with the Pay Yourself Back feature, send them to Chase’s airline and hotel partners, or use them in the travel portal for bookings.

While the Chase Sapphire Reserve card advertises over $2,700 in annual value with the card, I personally value the credits I use at just above $800. That, combined with the lounge benefits and points earning, still makes the card’s $795 worth it.

Chase Sapphire Reserve Card Credits I Love

$300 Travel Credit

Among cards with travel statement credits, the Chase Sapphire Reserve offers the best. It applies automatically to anything that counts as travel — buses, subways, flights, campgrounds, and more.

No enrollment or special purchase method is needed, making this $300 benefit worth face value.

$500 Stays Credit

The Edit is a booking platform that adds perks to premium hotel stays, offering elite-like benefits even without hotel status. Bookings are only through the Chase Travel website, which can feel limiting, but the extra perks usually outweigh any slight price difference versus booking directly.

Bookings in The Edit add the following perks:

• Daily breakfast for 2 people
• $100 property credit (for spa, dining, or other activities on the property)
• Room upgrade at check-in (if available)
• Free Wi-Fi
• Early check-in and late check-out (if available)

With the Chase Sapphire Reserve, you can get up to $250 back on bookings with The Edit twice a year for stays of 2 or more nights. While not all hotels qualify and booking restrictions apply, it’s still worth (to me) over $400 annually.

$120 Security Program Credit

When you pay the application fee for Global Entry, TSA PreCheck, or NEXUS with this card, Chase gives you a statement credit of up to $120 to cover the fee. You can use this perk every 4 years, and you can use it to pay for a friend’s application fee.

I value this at $30 per year since I can use it once every 4 years.

Credits I Don’t Love but Still Use

$120 Lyft Credit

I attempt to use this benefit when possible, but I don’t need a Lyft ride every month. The bonus earnings are nice if you use Lyft regularly. I don’t.

Unlike the up to $200 Uber Cash benefit on the Platinum Card^® from American Express ($15 in Uber Cash, plus $35 in the month of December), which can be used for Uber rides and Uber Eats orders in the U.S., the Lyft perk can only be used for rides. Some people love this perk; I assign it no value.

Credits I Haven’t Used Yet

$300 Dining Credit

I’m not a fancy-restaurant person, so I rarely use credit card dining perks at places I don’t enjoy. This benefit applies only at certain restaurants, mostly in major U.S. cities, making it hard to use unless you plan for a trip to a participating location.

I might try it next time I’m in a covered city, if I find something appealing under $150 to use the twice-yearly credit. For me, this is a “maybe someday” benefit, though you may value it differently.

$300 StubHub Credit

I like going to concerts and events. I can’t remember the last time Ticketmaster wasn’t the sales agent for any of these, though. I’ll happily use this perk if I go to an event selling tickets through StubHub.

Given my inability to use this perk so far, I’m only giving it 25% of face value — $75 — in hopes that my luck will change.

Credits I’ll Probably Never Use

$120 Peloton Credit

I was surprised Peloton offers a membership starting at $12.99 monthly that doesn’t require equipment. However, the up-to-$10 monthly credit doesn’t fully cover it. Plus, this app-only membership doesn’t appeal to me since I can find similar content elsewhere for free.

$250 Credit for The Shops at Chase

The next 2 credits fall into the “probably never use” category, since I won’t spend $75,000 a year on this card.

If I did, I’d get a $250 credit for The Shops at Chase, applied automatically until it’s maxed out. Could it be useful? Maybe, but I don’t need more stuff.

$500 Southwest Airlines Flight Credit

For those who do spend $75,000 or more on their Chase Sapphire Reserve card in a calendar year, you unlock up to $500 in Southwest Airlines flight credits — valid only on purchases in Chase’s travel portal.

These statement credits apply automatically to eligible purchases, and this could be valuable if a Southwest flight matches your travel plans.

Credits That Frustrate Me

$300 DoorDash Credit

I was initially excited about the Chase Sapphire Reserve’s up-to-$25 monthly DoorDash credits for groceries, restaurant delivery, or pickup. But that excitement was quickly … DoorDashed.

The perk gives up to $10 for groceries or retail twice a month and $5 for restaurants once a month — unnecessarily complex. With DoorDash markups and tips, the credit immediately loses value.

Chase and DoorDash extended their partnership through 2027, but I’m skipping this perk since it’s complicated and likely ends up costing more.

Final Thoughts

The Chase Sapphire Reserve card offers a long list of perks, including statement credits for dining, fitness, concerts, and airport security programs. Some benefits are easier to use than others, and they don’t all reset simultaneously.

Understanding each perk’s terms and how they fit your situation is key, as you may value them differently than I do. Regardless, calculate the value annually to ensure the $795 fee is worth it.