Chase Sapphire Reserve®
- Best for: Frequent flyers who will use lounges on every trip and book the hotel stays and dinners the credits are tied to
- What Sets It Apart: A $300 any-travel credit, Chase Sapphire and Priority Pass lounge access with two guests, Points Boost worth up to 2 cents a point, and deeper travel protections than Sapphire Preferred
- Cost: $795 annual fee; $195 per authorized user; no foreign transaction fees; 19.49% to 27.99% variable rate with no intro period; balance transfer fee 5% ($5 minimum)
- Features: 8x on Chase Travel; 4x on flights and hotels booked direct; 3x on dining; 1x elsewhere; 100,000-point bonus after $6,000 in 3 months; $300 annual travel credit; up to $500 a year for prepaid two-night stays through The Edit; $300 a year at Sapphire Exclusive Tables restaurants; up to $120 for Global Entry, TSA PreCheck or NEXUS every four years; StubHub, DoorDash, Apple, Lyft and Peloton credits with fixed end dates; Points Boost up to 2x; lounge access; primary rental coverage up to $75,000
- Pros: Flexible $300 travel credit; lounge access with two guests; 2-cent Points Boost redemptions; deeper protections than Sapphire Preferred
- Cons: $795 fee; most credits tied to specific merchants; dining credit limited to Exclusive Tables restaurants; $195 per authorized user
Get the Chase Sapphire Reserve® only if you fly often enough to use airport lounges and you’ll spend where its credits point, at The Edit hotels, Exclusive Tables restaurants, StubHub and DoorDash. The $300 travel credit is the only one that works on any travel purchase. For a trip or two a year, take Sapphire Preferred at $95 instead.
Chase Sapphire Reserve is Chase’s $795 premium travel card, rebuilt in 2025 so most of its value arrives as statement credits rather than points. The $795 buys lounges, protections and a stack of merchant-specific credits, so the fit depends on how much of that stack you’d buy anyway.
Key Features
- $795 annual fee plus $195 per authorized user, no foreign transaction fees, 19.49% to 27.99% variable rate, no intro period
- 8x points on Chase Travel, 4x on flights and hotels booked direct, 3x on dining, 1x on everything else
- 100,000 points after $6,000 in purchases in the first 3 months
- $300 travel credit each anniversary year on any travel purchase, up to $500 a year on prepaid two-night Edit stays, and $120 every four years for Global Entry or TSA PreCheck
- Points Boost offers worth up to 2 cents a point on select Chase Travel hotels and flights, and transfers to airline and hotel programs
Pros
- The $300 travel credit applies to any travel purchase, which trims the fee to $495 by our math
- Lounge access for you and two guests at every Chase Sapphire Lounge and 1,300+ Priority Pass lounges
- Points Boost lifts a point to 2 cents on select Chase Travel bookings, double the cash rate
- Primary rental coverage up to $75,000 and trip delay reimbursement after 6 hours
Cons
- Most of the $3,000 in annual value Chase advertises is tied to specific merchants: The Edit, StubHub, DoorDash, Apple, Lyft and Peloton
- The $300 dining credit pays only at Sapphire Exclusive Tables restaurants, $150 per half year
- A point is worth a cent as cash, so the 100,000-point bonus is $1,000, not the $2,000 Chase quotes for select bookings
- Authorized users cost $195 each, and the 19.49% floor rate punishes any carried balance
Pay $795 if you fly often enough to live in lounges and you’ll book the Edit stays and Exclusive Tables dinners the credits reward. For a couple of trips a year, Chase Sapphire Preferred skips the foreign fee, carries primary rental coverage and costs $95, with a $100 hotel credit that covers it.
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