Chase Sapphire Reserve
- Annual fee
- $795
- Earns
- Chase Ultimate Rewards points
- Point value
- 2.05 CPP
- Credits a year
- Up to $4,554
Welcome offer
Earn 100,000 Chase Ultimate Rewards points after you spend $6,000 in 3 months
≈ $2,050 at 2.05 CPP
Earning rates
| Category | Earns | Return |
|---|---|---|
| Travel booked through Chase Travel | 8x | 16.4% |
| Travel | 4x | 8.2% |
| Dining | 3x | 6.15% |
| Groceries | 1x | 2.05% |
| Gas | 1x | 2.05% |
| Everything else | 1x | 2.05% |
Return is what each $1 of spend is worth with points valued at 2.05 CPP.
Credits and benefits
- Annual Travel Credit$300 a card member year
- Select Brand Credit$250 a calendar year
- Edit Hotel Credit 1$250 a calendar year
- Edit Hotel Credit 2$250 a calendar year
- Dining - Exclusive Tables$150 every 6 months
- Stubhub$150 every 6 months
- Lyft$10 a month
- DoorDash Restaurants$15 a month
- DoorDash Non-Restaurant$20 a month
- Peloton$10 a month
- Global Entry/TSA PreCheck Credit$120 every 4 years
- Apple TV+ & Apple Music$324 a calendar year
- IHG One Rewards Platinum Elite StatusIncluded
- World of Hyatt Explorist Status ($75k)Included
- IHG One Rewards Diamond Elite Status ($75k)Included
- Southwest Airlines A-List Status ($75k)Included
- Southwest Chase Travel Credit ($75k)$500 a calendar year
- Shops at Chase Credit ($75k)$250 a calendar year
- 10th Anniversary IHG Credit$125 a calendar year
- 10th Anniversary Hyatt Miraval/Alila Credit$250 a calendar year
- 10th Anniversary JSX Flight Credit$200 a calendar year
- 10th Anniversary Wander Credit$350 a calendar year
- 10th Anniversary SIXT Credit$125 a calendar year
Up to $4,554 a year if you use every credit. Track them in the benefits tracker
Lounge access
Priority Pass Select for the primary cardmember and each authorized user, and Chase Sapphire Lounges, each with up to 2 guests ($27 per additional Priority Pass guest). Also Air Canada Maple Leaf Lounges and Cafés with 1 guest when departing on a Star Alliance flight.
Guests
- Chase: 2 free guests
- Priority Pass Select: 2 free guests, then $27 per guest
Transfer partners for Chase Ultimate Rewards points
| Partner | Ratio | Transfer time |
|---|---|---|
| Aer Lingus | 1:1 | Almost Instant |
| Air Canada Aeroplan | 1:1 | Almost Instant |
| British Airways | 1:1 | Almost Instant |
| Flying Blue AIR FRANCE KLM | 1:1 | 1 hour |
| Hyatt | 4:3 | Almost Instant |
| Iberia | 1:1 | Almost Instant |
| IHG | 1:1 | 1 day |
| JetBlue | 1:1 | Almost Instant |
| Marriott Bonvoy | 1:1 | 2 days |
| Singapore Airlines | 1:1 | 1-2 Days |
| Southwest Airlines | 1:1 | Almost Instant |
| United Airlines | 1:1 | Almost Instant |
| Virgin Atlantic | 1:1 | Almost Instant |
| Wyndham Rewards | 1:1 | 7 days |
Application rules
Subject to Chase 5/24
Chase won't approve it if you've opened 5 or more personal cards from any bank in the last 24 months.
Counts toward 5/24
Opening it takes one of your Chase 5/24 slots.
Once per lifetime
You can't get the Sapphire Reserve while you have it open, and you may not get its welcome bonus if you've ever had this card or earned its bonus before, including if you got it by upgrading or product changing. Having the Sapphire Preferred doesn't block it. Chase usually shows a pop-up before checking your credit if you're not eligible, and may also look at how many cards you've opened and closed.
2 in 30 velocity
Chase usually approves no more than two personal cards in a 30-day period.
Product changes
- Downgrade to Sapphire Preferred · You keep your points and transfer partners and pay a $95 fee instead of $795. Switching counts as having had the Sapphire Preferred, which may block its welcome bonus later, so apply for it instead if you haven't had it.
- Downgrade to Freedom Unlimited · You keep your points and drop the annual fee, but you can only transfer points to airlines and hotels while you also hold a Sapphire or Ink Preferred.
- Downgrade to Freedom Flex · You keep your points and drop the annual fee, but you can only transfer points to airlines and hotels while you also hold a Sapphire or Ink Preferred.
- Downgrade to Chase Freedom · Chase still lets you switch into the original Freedom card, which is closed to new applicants. You keep your points and drop the annual fee.
About the Chase Sapphire Reserve
The Chase Sapphire Reserve is a personal Visa card from Chase with a $795 annual fee that earns Chase Ultimate Rewards points. It earns 8x on travel booked through Chase Travel, 4x on travel, 3x on dining and 1x on everything else. The current welcome offer: earn 100,000 Chase Ultimate Rewards points after you spend $6,000 in 3 months. It comes with 19 statement credits worth up to $4,554 a year if you use them all. Cardholders get access to Priority Pass Select and Chase Sapphire Lounges. Points transfer to 14 airline and hotel partners, including Aer Lingus, Air Canada Aeroplan and British Airways. AwardHack values Chase Ultimate Rewards points at 2.05 CPP.
Frequently asked questions
What is the Chase Sapphire Reserve annual fee?
The Chase Sapphire Reserve has a $795 annual fee. Its statement credits add up to $4,554 a year if you use all of them.
What is the Chase Sapphire Reserve welcome bonus?
Earn 100,000 Chase Ultimate Rewards points after you spend $6,000 in 3 months. AwardHack values that at about $2,050.
Does the Chase Sapphire Reserve include airport lounge access?
Yes: Priority Pass Select and Chase Sapphire Lounges. Priority Pass Select for the primary cardmember and each authorized user, and Chase Sapphire Lounges, each with up to 2 guests ($27 per additional Priority Pass guest). Also Air Canada Maple Leaf Lounges and Cafés with 1 guest when departing on a Star Alliance flight.
Does the Chase Sapphire Reserve count toward Chase 5/24?
Chase won't approve it if you've opened 5 or more personal cards from any bank in the last 24 months. Opening it counts as one of your 5/24 slots.
Where can I transfer Chase Ultimate Rewards points?
To 14 partners: Aer Lingus (1:1), Air Canada Aeroplan (1:1), British Airways (1:1), Flying Blue AIR FRANCE KLM (1:1), Hyatt (4:3), Iberia (1:1), IHG (1:1), JetBlue (1:1), Marriott Bonvoy (1:1), Singapore Airlines (1:1), Southwest Airlines (1:1), United Airlines (1:1), Virgin Atlantic (1:1) and Wyndham Rewards (1:1).
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Offers, fees and benefits change often. Check the issuer's site before you apply. AwardHack may earn a referral bonus if you apply through the Apply link.