Chase
Chase Sapphire Reserve® Credit Card
Key Features
| Annual Fee | $795.00 |
| Sign-up Bonus | 125,000 points |
| Rewards Rate | 1x-10x points |
| Regular APR | 19.49%–27.99% variable APR. |
| Other Fees | $195 for each authorized user |
About this card
The Chase Sapphire Reserve Credit Card earns an 'Excellent' overall rating of 4.0, positioning it as a top-tier option for its intended audience despite some significant drawbacks. The card truly excels in its rewards program (4.8/5.0), offering exceptional earning rates on travel and dining, a substantial sign-up bonus, and highly flexible redemption options through Chase Ultimate Rewards at an elevated value or via 1:1 transfers to airline and hotel partners. Its robust suite of travel benefits, including a generous $300 annual travel credit, comprehensive airport lounge access, and a multitude of statement credits for various services (Apple, DoorDash, Lyft, Peloton, StubHub, The Edit), along with strong travel and purchase protections, contributes significantly to its strong value proposition for frequent travelers. However, the card is held back by its very high annual fee of $795 (Fees Rating: 1.9/5.0) and a substantial $195 fee for authorized users. While these costs can be largely offset by utilizing the numerous benefits, they represent a significant upfront financial commitment. Furthermore, the regular variable APR is notably high (19.49%-27.99%) with no introductory APR period (APR Rating: 1.5/5.0), making it an extremely expensive option for anyone carrying a balance. The card's strong market reputation (4.3/5.0) and its clear fit for affluent, frequent travelers who can maximize its extensive perks help to elevate its standing. For this specific demographic, the card offers unparalleled value and convenience, but for those who cannot fully leverage its benefits or who tend to carry a balance, the high fees and APR significantly diminish its appeal and value. While its weaknesses are not 'minor' in isolation, the overall strength of its rewards and benefits package for its target audience makes it a 'very strong overall' choice.
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate on travel and dining
- Extensive travel credits and statement credits
- Airport lounge access
- Automatic elite status
- No foreign transaction fees
- Valuable point transfer partners
- Comprehensive travel and purchase protection
Things to consider
- High annual fee
- High regular APR
- No intro APR period
What this card offers
Sign-up bonuses
- Earn 125,000 points after you spend $6,000 in purchases in the first 3 months from account opening
Rewards
- 8x points on all purchases through Chase Travel, including The Edit
- 4x points on flights booked direct
- 4x points on hotels booked direct
- 3x points on dining worldwide
- 1x points on all other purchases
- 5x total points on Lyft rides through 9/30/2027
- 10x total points on eligible Peloton equipment and accessory purchases over $150 through 12/31/2027
Other features
- $300 annual travel credit with up to $300 in statement credits for travel purchases each account anniversary year. Purchases that qualify will not earn points.
- $500 credit for stays with The Edit: receive a statement credit of up to $250 for each prepaid booking with The Edit, up to $500 annually. Two-night minimum. Purchases that qualify will not earn points.
- $550+ in value when you stay with The Edit with complimentary benefits such as a property credit, daily breakfast for two, a room upgrade (if available) and more - an average total value of over $550 per stay.
- $250 credit for select Chase Travel Hotels on prepaid hotel bookings with select brands through 12/31/26. Two-night minimum required. Purchases that qualify will not earn points.
- IHG One Rewards Platinum Elite Status with your Sapphire Reserve card through December 31, 2027.
- Reserve Travel Designers service valued at up to $300 per trip.
- Complimentary access to Chase Sapphire Lounges by The Club and 1,300+ Priority Pass airport lounges worldwide with up to two guests.
- Global Entry, TSA PreCheck, or NEXUS fee credit of up to $120 every four years.
- $300 dining credit: up to $150 in statement credits from January through June and again from July through December for a maximum of $300 annually when you dine at restaurants part of the Sapphire Exclusive Tables program on OpenTable.
- $288 in Apple TV and Apple Music subscriptions; subscriptions run through 6/22/2027 - a value of $288 annually.
- $120 DashPass Membership for 12 months with activation by 12/31/2027.
- $300 in DoorDash promos for DashPass members through 12/31/2027.
- $300 in StubHub credits through 12/31/2027. Activation required.
- $120 in Lyft credits: up to $10 in monthly in-app credits to use on rides through 9/30/2027.
- $120 in Peloton credits: $10 in statement credits per month on eligible Peloton memberships through 12/31/2027. Activation required.
- Access our network of airport lounges with up to two complimentary guests, access over 1,300 airport lounges worldwide with Priority Pass Select Membership, and access to select Air Canada Maple Leaf Lounges and Air Canada Cafés with an eligible boarding pass.
- Auto Rental Coverage: primary coverage providing reimbursement up to $75,000 for theft and collision damage.
- Trip Cancellation and Interruption Insurance: reimbursed up to $10,000 per covered traveler and $20,000 per trip for pre-paid, non-refundable travel expenses.
- Trip Delay Reimbursement: covered up to $500 per covered traveler for delays more than 6 hours or requiring an overnight stay.
- Travel Accident Insurance: up to $1,000,000 in accidental death or dismemberment coverage.
- Travel and Emergency Assistance services.
- Lost Luggage Reimbursement: reimbursement up to $3,000 per covered traveler.
- Baggage Delay Insurance: reimburses up to $100 a day for up to 5 days for baggage delayed over 6 hours.
- Emergency Evacuation and Transportation: coverage for medical services and transportation up to $100,000.
- Roadside Assistance: covered up to $50 per incident 4 times a year.
- Emergency Medical and Dental: reimbursed up to $2,500, subject to a $50 deductible.
- Purchase Protection: covers eligible new purchases for 120 days against damage or theft up to $10,000 per item.
- Return Protection: reimbursed for eligible items the store won't accept within 90 days, up to $500 per item, $1,000 per 12-month period.
- Chip-enabled for enhanced security.
- 24/7 Fraud Monitoring.
- Zero liability protection.
- Extended Warranty Protection: extends the manufacturer's U.S. warranty by an additional year on eligible warranties of three years or less, up to four years from the date of purchase.
- Dedicated customer service available 7 days a week.
- No foreign transaction fees.
- No blackout dates or travel restrictions when booking through Chase Travel.
- 1:1 Point transfer to leading airline and hotel loyalty programs.
- Ultimate Rewards points do not expire as long as the account is open.
- Points Boost: points are worth up to 2x on top booked hotels, including The Edit, and flights with select airlines through Chase Travel.
- Unlock even more benefits by spending $75,000 each calendar year to unlock status and credits with leading travel and shopping brands; benefits available for the remainder of the year earned and through the following calendar year, including World of Hyatt Explorist Status, IHG One Rewards Diamond Elite Status, $250 Credit for The Shops at Chase, $500 Southwest Airlines Chase Travel credit, and Southwest Airlines A-list status.
Additional Notes
This credit card is unavailable to you if you currently have this card open. The new cardmember bonus may not be available to you if you previously held this card or received a new cardmember bonus for this card. We may also consider the number of cards you have opened and closed in determining your bonus eligibility.

