The Chase Sapphire Reserve Business Earned Me $1,000+ in Perks This Year — Here’s How

I opened the Sapphire Reserve for Business℠ right after it launched earlier this year — and it’s been an absolute powerhouse of a card ever since.

It has great earn rates on common business expenses like airfare and advertising, extensive access to airport lounges, and a suite of business-friendly statement credits that help offset its admittedly high $795 annual fee.

The Chase Sapphire Reserve Business card’s statement credits include an annual $300 travel credit, $500 in The Edit prepaid hotel credits, a $200 Google Workspace credit, and many more. The majority of these credits can be helpful for all types of businesses, from a solo freelancer to a multi-employee consulting firm.

As a freelance writer, I’ve been able to use over $1,000 worth of statement credits — many of them for purchases I’d make with or without the Chase Sapphire Reserve Business card’s credit. Let’s look at the credits I’ve used, how I’ve used them, and which credits I’ve left unredeemed.

Chase Sapphire Reserve Business Card Overview

The Chase Sapphire Reserve Business card is Chase’s first foray into the premium business credit card market. It builds on many of the much-loved features of the consumer Chase Sapphire Reserve^®, but Chase made a handful of business-friendly tweaks in terms of its benefits and how you earn points.

On the points-earning side, you’ll earn bonus Chase Ultimate Rewards points on advertising and select travel purchases. Here’s how many points you’ll earn with the card:

• 8 points per $1 spent on travel booked through Chase Travel
• 5 points per $1 spent on Lyft rides through September 30, 2027
• 4 points per $1 spent on flights and hotels booked directly with airlines and hotels
• 3 points per $1 spent on social media and search engine advertising
• 1 point per $1 spent on all other purchases

The Chase Sapphire Reserve Business card includes all of the Chase Sapphire Reserve card travel benefits, like access to the Sapphire Lounge by The Club, a Priority Pass Select membership upon enrollment, and the ability to visit select Air Canada Maple Leaf Lounges when you fly with a Star Alliance airline like United Airlines or Air Canada.

Right now, the card is offering an impressive welcome bonus offer worth $4,000 or more when you leverage Ultimate Rewards transfer partners like Air Canada Aeroplan or World of Hyatt:

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Sapphire Reserve for Business℠

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The Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

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Sapphire Reserve for Business℠

The Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

Welcome Offer

Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening.

200,000 points

UP's Offer Valuation*:

$4,000

Annual Fee

$795

APR

18.24% - 26.24% 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

The Chase Sapphire Reserve Business card is a great pick for business owners who can easily make use of the annual credits for travel, Google Workspace, ZipRecruiter, and more. Plus, it offers helpful bonus categories such as ad spend and offers access to over 1,300 airport lounges — including Chase Sapphire Lounges.

Pros & Cons

Pros

• 8x points on Chase Travel purchases
• 4x points on flights and hotels booked directly
• 3x points on advertising purchases made with social media sites and search engines (uncapped)

Cons

• $795 annual fee

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Card Highlights

• Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening and with more than $2,500 in annual value, there's no competition.
• Earn 8x points on Chase Travel℠ for airline tickets, hotels, including The Edit℠, car rentals, cruises, activities and tours.
• Earn 5x total points on Lyft rides through 9/30/27.
• Earn 4x points on flights & hotels booked direct.
• Earn 3x points on social media & search engine advertising.
• Get the most flexible travel credit compared to any other card, with up to $300 in statement credits each anniversary year on travel purchases.
• Enjoy complimentary access to the Chase Sapphire Lounge^® by The Club network and Priority Pass™ Select membership. Two guests may accompany the Primary Cardmember to the lounges free of charge.
• Member FDIC

Financial Snapshot

• APR: 18.24% - 26.24% Variable
• Foreign Transaction Fees: None

Chase Sapphire Reserve Business Card Statement Credits

In addition to its travel benefits, the Chase Sapphire Reserve Business card includes a handful of business-friendly statement credits. Some of these credits are travel-focused, while others are geared towards hiring, cloud services, and even gifts for your employees.

Here’s the breakdown of each statement credit you can earn with your Chase Sapphire Reserve Business card. These credits are offered annually unless otherwise noted.

• $300 travel credit: Up to $300 in annual statement credits towards travel purchases, including flights, hotels, taxi fare, and public transportation.
• $500 The Edit hotel credit: Up to $250 from January through June and $250 from July through December for prepaid 2-night stays booked through The Edit by Chase Travel.
• $120 Global Entry, TSA PreCheck, or NEXUS fee credit: Up to a $120 statement credit every 4 years for the application fee for any of these expedited border control programs.
• $400 ZipRecruiter credit: Up to $200 from January through June and $200 from July through December for ZipRecruiter purchases.
• $200 Google Workspace credit: Annual statement credit for eligible Google Workspace purchases.
• $100 Gift Cards credit: Up to $50 in credits from January through June and $50 from July through December for select gift card purchases.

The card also has partnerships with DoorDash and Lyft that provide monthly credits deposited directly into your partner account. To activate these benefits, simply add your Chase Sapphire Reserve Business card to your DoorDash and Lyft accounts and follow the on-screen prompts.

• $300 in DoorDash credits: Complimentary DashPass subscription and up to $300 in DoorDash value through December 31, 2027. Members receive 2 $10 monthly credits that can be applied to non-restaurant orders, like groceries, and 1 $5 monthly credit that can be used toward restaurant orders.
• $120 in Lyft credits: Up to $10 per month in Lyft credits through September 30, 2027. These can be applied toward any U.S. Lyft ride.

In addition, the Chase Sapphire Reserve Business card provides extra statement credits and benefits when you spend $120,000 or more in a single calendar year. I haven’t spent this much on my card, but they’re worth noting if your business has high expenses.

• $500 The Shops at Chase credit: Up to $500 in statement credits towards The Shops at Chase purchases, which stocks luxury brands like Breitling, Ray-Ban, and Tumi.
• $500 Southwest Airlines credit: Up to $500 in statement credits for Southwest flight bookings made through Chase Travel.
• Elite status: Southwest A-List and IHG One Rewards Diamond elite statuses for the remainder of the current calendar year and the entirety of the following calendar year.

Bottom Line:

Putting the $120,000 spend tier benefits aside, if you can use all of these statement credits and merchant benefits, you’ll receive $2,040 in value. Again, this more than offsets the card’s $795 annual fee.

Maximizing Chase Sapphire Reserve Business Card Credits

As mentioned, I’ve already used roughly half of the Chase Sapphire Reserve Business card’s statement credits this year. Let’s break down how I used these credits.

In many cases, I’d already have to make these purchases for my business regardless of having the card, like booking hotel stays for conferences and paying for my business’s Google Workspace subscription.

$300 Annual Travel Statement Credit

This is the easiest Chase Sapphire Reserve Business card credit for me to use since it’s by far the broadest. The $300 annual travel credit resets on your cardmember anniversary year, and is automatically applied to any purchase that codes as a travel expense on your credit card statement.

In practice, this includes everything from airfare and hotel rooms to Uber rides, tolls, and parking. The credit can be split across as many purchases as you’d like, and it expires when you run out of credit or if you’ve left any portion of it unredeemed before your next credit card anniversary.

When I first opened the Chase Sapphire Reserve Business card over the summer, I used my travel credit for various business travel expenses, including New York City subway fare, Uber rides, and a Delta Air Lines flight. These are all things I’d need to pay for anyway, so I consider it a full $300 off the card’s annual fee.

$250 The Edit Hotel Statement Credit

Chase launched The Edit earlier this year as its high-end hotel booking platform within Chase Travel. When booking The Edit hotels, you’re eligible for a suite of benefits like dining credits, room upgrades, and daily breakfast for up to 2 guests. Further, you are eligible to earn hotel points and use your elite status benefits, unlike some other Chase Travel hotel bookings.

The Chase Sapphire Reserve Business card includes 2 $250 The Edit hotel booking statement credits per year. This year, 1 credit is valid from January through June, and another is valid from July through December. You can use these credits on stays of 2 nights or longer. Starting next year, you can use your 2 The Edit credits at any time during the year, but they must be on separate bookings.

I was approved for the Chase Sapphire Reserve Business card in July, so I could only use 1 of the 2 credits this year. I used the credit to book a stay at the Park MGM Las Vegas in late October while I’m in town for an industry conference. The statement credit dropped the cost of my stay to under $600.

I had to book a hotel in Las Vegas for this conference anyway, so I consider this statement credit a net-positive. While prices through Chase Travel were slightly more expensive than booking directly, the added benefits from booking with The Edit and the $250 statement credit made it worthwhile and still less expensive than booking directly through the hotel.

$200 Annual Google Workspace Statement Credit

Another easy benefit to redeem was the $200 per year Google Workspace credit. Google Workspace provides a branded Gmail account, Google Docs, and other Google services for businesses. I use it for my work email, and I also created an account for my wife, who helps me with administrative tasks.

My Google Workspace bill is $252 per year, which I had previously paid monthly. However, when I got the Chase Sapphire Reserve Business card, I immediately added the card to my Google account and paid my bill in full for a year. Shortly thereafter, the $200 statement credit was applied to my account.

This is another business expense I’d have to pay regardless of having this card in my wallet, so it provides a real discount on the card’s annual fee for my business. And given that Google Workspace is among the most common corporate email services, it might work for your business too.

$50 Gift Card Statement Credit

The Chase Sapphire Reserve Business card includes 2 annual $50 statement credits that can be used towards select gift cards on GiftCards.com. You can use 1 credit January through June and another July through December.

The current list of eligible gift cards is available on Chase’s GiftCards.com landing page. The list of brands is not extensive, but it includes popular brands like Barnes & Noble, DoorDash, Macy’s, Nordstrom, and others. Note that new brands might be added or removed over time.

I used the credit for a $50 gift card to TJX Brands, valid for purchases at HomeGoods, Homesense, Marshalls, Sierra, T.J. Maxx, HomeGoods, and Sierra. I used the card to buy an undershirt, USB-C phone charging cable for my car, and a windshield cleaning kit at Marshalls last month while my wife and I were on a road trip through Connecticut.

It is debatable whether I needed to buy these things. The t-shirt was essential — I forgot an undershirt for a wedding I was about to attend— but the other 2 items were purchased mainly to spend down the gift card. Regardless, it was an easy statement credit to use.

DoorDash and Lyft Credits

I also make a point to use the card’s monthly DoorDash and Lyft benefits, which is easy enough to do living in New York City. On the DoorDash side, you’ll receive 2 $10 monthly credits for non-restaurant orders and 1 $5 credit for restaurant orders. Meanwhile, you’ll receive a $10 monthly Lyft credit which is valid on any ride in the U.S.

My wife and I use the DoorDash credits for dinner and groceries, using all 3 included credits every month. Likewise, I use Lyft at least once per week when I’m at home — and more often when traveling around the U.S. — so I apply the credit to my first ride of the month.

We have always had our groceries delivered, and admittedly, we order too much food delivery. Likewise, Lyft is my favorite ride-share service since I earn 2 Bilt Points per $1 spent every time I ride. Because of this, these credits also provide real value to me, as I’d be spending the money either way.

Chase Sapphire Reserve Business Card Credits I Don’t Use

This leaves me with just 2 unredeemed credits: the TSA PreCheck, Global Entry, or NEXUS credit and the ZipRecruiter Credit. Theoretically, this leaves $520 in value on the table, but I cannot reasonably use these credits.

This is because I already have Global Entry, and a handful of my other travel credit cards cover its application fee every four years. However, I may use the credit soon, as my wife’s Global Entry membership is up for renewal. Meanwhile, I don’t have any employees and do not plan to hire anyone soon, so I cannot redeem the ZipRecruiter credit.

Even without using these credits, however, I feel like I’ve gotten enough value from the other statement credits and card benefits to justify the card’s annual fee. Most premium credit cards will have at least 1 statement credit I can’t use — and that’s fine, as cards have to be developed for consumers with all kinds of expenses.

Final Thoughts

The Chase Sapphire Reserve Business card is among my favorite premium travel business credit cards. Its broad set of benefits includes everything from airport lounge access to high earn rates on everyday business travel expenses. Better yet, its suite of statement credits helps offset the card’s high annual fee.

As outlined here, I’ve gotten over $1,000 in value from these statement credits. My favorite credits are the $300 annual travel credit and The Edit prepaid hotel credit, which I can use easily as I travel frequently for work and pleasure.