4 Little-Known Perks of the Chase Sapphire Reserve Card

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KEY POINTS

  • The Chase Sapphire Reserve® is a popular credit card.
  • There are some little-known perks associated with it, such as a concierge service and extra insurance, that can affect your travel costs and more.

If you have this card, or are thinking about getting it, you should be aware of these perks.

A lot of people choose the Chase Sapphire Reserve® because it offers five times the points if you buy flights with Chase, a $300 annual travel credit, and many other generous benefits for travelers. These are some of the more well-known perks of this card.

But these are not the only advantages of choosing this credit card to carry in your wallet. There are also some little-known perks, as well. Here are four of them.

1. Visa Concierge Service

Cardholders with the Chase Sapphire Reserve® card get access to Visa's Infinite Concierge Service. This service can help you to make dinner reservations at restaurants where it's hard to get seats. You can also get exclusive access to tickets to sporting events, Broadway shows, and more. You can take advantage of this perk by calling 1-877-660-0905.

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2. Private dining events

Reserved by Sapphire gives cardholders access to dining events that are not even open to the public. There are exclusive events across the country, including the Hit Dinner List Series, which offers priority access to restaurants featured on the Infatuation's Hit List monthly editorial guide.

3. Trip cancellation or interruption insurance

Planning travel has been full of uncertainty in recent years, so many people want to make sure they don't lose their money when things go wrong. The Chase Sapphire Reserve® card offers important protections many people aren't aware of.

Both trip cancellation and trip interruption insurance are little-known perks of this card. Cardholders will be reimbursed up to $10,000 per person or $20,000 per trip if they have prepaid non-refundable travel expenses they shelled out money for and their trip is then canceled because of severe weather, illness, or other covered events.

4. Global Entry, TSA PreCheck, or NEXUS Fee Credits

Finally, the last little-known perk offered by the Chase Sapphire Reserve® card comes in the form of a statement credit if you sign up for certain services that simplify the travel process.

Specifically, if you want to sign up for Global Entry, TSA PreCheck, or NEXUS, you will receive a statement credit of up to $100 to cover the fees associated with these services. They can give you access to priority and simplified security at the airport, at customs, and when crossing the U.S. border. You'll have access to these statement credits every four years as long as you charge the fees on your Chase Sapphire Reserve® card.

Each of these little-known perks of the Chase Sapphire Reserve® card could potentially help to convince you that this is the perfect card to have in your wallet. Of course, you'll also want to consider the card's other standard features including its rewards program, annual fee, and lounge access as well.

The bottom line is, many cardholders both with this card and with other popular credit cards may not always realize all of the benefits available to them -- and they could end up leaving them on the table and spending money unnecessarily. This is why, no matter what credit card you decide to sign up for, you should always read the fine print in your cardholder agreement to find out every perk that becoming a card member entitles you to enjoy.

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