Chase Sapphire Reserve®

• Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $900 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.
• Earn 5x total points on flights 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 & 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, 60,000 points are worth $900 toward travel
• 1:1 point transfer to leading airline and hotel loyalty programs
• Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
• Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more
• Select “Apply Now” to learn more about the product features, terms and conditions
• View Rates and Fees

Each year, you’ll receive a credit of up to $300 for travel expenses and every four years, you’ll earn up to $100 towards Global Entry or TSA PreCheck. This makes the card ideal for frequent travelers who want to enjoy these benefits while earning rewards.

With the Chase Sapphire Reserve, you can increase your point value by 50% by redeeming them through Chase Ultimate Rewards®. Cardholders can earn up to 10 points per dollar on hotels and car rentals when making purchases through the portal. Plus, you’ll receive some of the highest reward rates available for travel and dining.

The annual fee for the Chase Sapphire Reserve is $550, which can seem steep. However, if you travel frequently and take advantage of the long list of benefits and perks, it’s easy to recoup the cost.

While the card does offer access to VIP airport lounges, it lacks some of the luxury options provided by its competitors. The same goes for hotel partners, where some competitors offer more attractive options.

This card offers one of the most robust collections of travel protection benefits available. You’ll also enjoy the convenience of no foreign transaction fees when you use the card outside the U.S.

The Chase Sapphire Reserve offers a generous 3X points on travel and dining with no limit on the number of points you can earn. This makes it an excellent card for anyone who frequently dines out or travels

The Chase Sapphire Reserve does not offer an introductory APR period. This means you’ll need to pay your balance in full each month to avoid interest charges.

If you want to add an authorized user to your account, you’ll need to pay an additional $75 annual fee on top of the $550 annual fee

If you’re a frequent traveler who values luxury perks, the $550 annual fee for the Chase Sapphire Reserve may initially seem daunting. However, this top-of-the-line card offers an impressive array of benefits, such as exclusive access to select luxury hotels and resorts, and Priority Pass™ Select membership for VIP airport lounge access. With a $300 travel credit and one of the most valuable credit card rewards programs, the Sapphire Reserve is considered one of the Big 3 premium travel credit cards. If you can take advantage of all the benefits it offers, you’ll easily recoup the annual fee and still come out ahead.