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Chase Sapphire Reserve Review: A Premier Travel Credit Card

Review Updated
Lyle Daly
By: Lyle Daly

Our Credit Cards Expert

Nathan Alderman
Check IconFact Checked Nathan Alderman
Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page.

The Chase Sapphire Reserve® is a high-end travel card with a big sign-up bonus, lucrative statement credits, and an excellent rewards program packed with different airline and hotel partners.

While this card has quite a few features, it also has a costly $550 annual fee. Find out if this is the credit card for you in our Chase Sapphire Reserve® review.

Is the Chase Sapphire Reserve worth it?

The Chase Sapphire Reserve® is worth it for frequent travelers, as it provides plenty of useful benefits and one of the most flexible travel rewards programs.

Chase Sapphire Reserve®
Apply Now for Chase Sapphire Reserve®

On Chase's Secure Website.

Rating image, 4.50 out of 5 stars.
4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Rating image, 4.50 out of 5 stars.
4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Credit Score: Circle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Recommended Credit Score required for this offer is: Good/Excellent (670-850)
Apply Now for Chase Sapphire Reserve®

On Chase's Secure Website.

Credit Score Circle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Good/Excellent (670-850)

Intro APR

Purchases: N/A

Balance Transfers: N/A

Regular APR

22.49%-29.49% Variable

Rewards Circle with letter I in it. Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ 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.

5x points on flights and 10x points on hotels and car rentals through Chase Travel℠.

Annual Fee Circle with letter I in it. N/A

$550

Welcome Offer Circle with letter I in it. 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 Travel℠.

60,000 bonus points

  • This Chase card is your ticket to big rewards on travel spending and dining out, like up to 10x points on spending through Chase Travel, where your points are worth 50% more if you book through Chase Ultimate Rewards. You'll also score excellent perks, like a $300 travel credit, airport lounge access, and a Global Entry/TSA Precheck credit. The annual fee is hefty, but if you can use all its features, this card could be well worth the cost.

    • Sign-up bonus
    • Travel credits
    • Airport lounge access
    • Travel and dining rewards
    • Flexible travel points
    • Annual fee
    • 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 Travel℠.
    • $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 Travel℠ 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 Travel℠. 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
    • Member FDIC

Credit card comparison

We recommend comparing options to ensure the card you're selecting is the best fit for you. To make your search easier, here's a short list of standout credit cards.

Offer Our Rating Welcome Offer Rewards Program APR Learn More
Rating image, 5.00 out of 5 stars.
5.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Best for cash back on travel purchases
Up to $300 cash back Circle with letter I in it. Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel, 4.5% on dining and drugstores, and 3% on all other purchases. 1.5% - 5% cash back Circle with letter I in it. Enjoy 5% cash back on travel purchased through Chase Travel, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases

Intro: Circle with letter I in it. 0% Intro APR on Purchases and Balance Transfers for 15 months

Purchases: 0% Intro APR on Purchases, 15 months

Balance Transfers: 0% Intro APR on Balance Transfers, 15 months

Regular: 20.49% - 29.24% Variable

Rating image, 4.50 out of 5 stars.
4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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= Excellent
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Best for travel and points transfers
60,000 bonus points Circle with letter I in it. Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠. 5x on travel purchased through Chase Travel℠, 3x on dining and 2x on all other travel purchases Circle with letter I in it. Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.

Intro: Circle with letter I in it. N/A

Purchases: N/A

Balance Transfers: N/A

Regular: 21.49%-28.49% Variable

Rating image, 5.00 out of 5 stars.
5.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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= Excellent
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Best for cash back on rotating categories
Discover will match all the cash back you’ve earned at the end of your first year. Circle with letter I in it. N/A 1% - 5% Cashback Circle with letter I in it. Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases—automatically.

Intro:

Purchases: 0%, 15 months

Balance Transfers: 0%, 15 months

Regular: 17.24% - 28.24% Variable APR

Full Chase Sapphire Reserve review

This credit card is a good fit for: Travel enthusiasts who want a card that has it all. Those who can take advantage of this card's robust travel perks will get thousands of dollars in value.

Top perks

With a long list of benefits, the Chase Sapphire Reserve® is one of the most feature-packed cards we know of.

60,000 bonus points

The Chase Sapphire Reserve® rewards you with 60,000 bonus points when you spend $4,000 in the first 3 months after opening your account. Keep in mind that the annual fee doesn't count toward that spending minimum. That's equivalent to $900 toward travel when you redeem through Chase Ultimate Rewards, making it one of the most valuable sign-up bonuses.

$300 annual travel credit

Chase reimburses you for up to $300 in travel purchases every account anniversary year. Credits are applied to your statement automatically, so there's no work required on your part.

Up to 10 points per $1

This Chase credit card earns the following rewards rates:

  • 10x points per $1 hotels and car rentals through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually
  • 5x points per $1 air travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually
  • 3x points per $1 travel and other dining
  • 1x points per $1 all other purchases

Flexible travel points

One of the biggest advantages of Chase travel cards is the card issuer's Ultimate Rewards program, which gives you several ways to redeem your points. Here's what you can do with your points when you have the Chase Sapphire Reserve®:

  • Transfer them to Chase's airline and hotel travel partners. After you transfer your points, you can make an award booking in that partner's loyalty program. This can be a very lucrative way to redeem your points, as it's possible to get $0.02 per point, $0.03 per point, or sometimes more.
  • Redeem them through the Chase Travel portal. With the Chase Sapphire Reserve®, points are worth 50% more than the standard cash back value of $0.01 per point when redeemed this way -- a value of $0.015 per point.
  • Get a statement credit toward certain types of purchases through the Pay Yourself Back feature. Rewards are also worth $0.0125 to $0.015 per point this way, depending on the option you choose, with the Chase Sapphire Reserve®.

Although those redemptions tend to offer the most value, there are also other options available, including redeeming points for cash back or gift cards.

Priority Pass airport lounge access

You'll receive a complimentary Priority Pass Select membership (a one-time account activation is required), allowing you and up to two guests access to the program's airport lounges free of charge. Priority Pass has lounges in many major airports within the United States, and coverage is even better worldwide.

Global Entry/TSA PreCheck credit

Chase reimburses you either $100 for your Global Entry fee or $85 for your TSA PreCheck fee every four years, so you can register as a trusted traveler and get through airport security more quickly. It's better to sign up for Global Entry because that also includes TSA PreCheck, meaning you get the benefits of both. TSA PreCheck doesn't include Global Entry.

LEARN MORE: TSA PreCheck, Global Entry, and CLEAR: Which Program Is the Best?

Partner benefits

This Chase travel card includes special benefits with the following partners:

  • Lyft: A complimentary Lyft Pink All Access membership for up to two years (up to $199 per year value) when you activate by Dec. 31, 2024, plus a 50% discount for a third year. Lyft Pink All Access members receive lower prices, free priority pickup upgrades on Lyft rides, and many other perks. Membership auto-renews.
  • DoorDash: A complimentary DashPass membership -- a membership for DoorDash and Caviar -- which unlocks $0 delivery fees and lower service fees on eligible orders for a minimum of one year when you activate by Dec. 31, 2024. With DashPass, you also receive $5 in DoorDash credits per month through Dec. 31, 2024. Membership auto-renews.
  • Instacart: A complimentary one-year membership to Instacart+. With Instacart+, you also receive $15 in statement credits each month through July 2024. Membership auto-renews.
  • Luxury Hotel & Resort Collection: Book through The Luxury Hotel & Resort Collection℠ for complimentary daily breakfast for two, complimentary wifi, room upgrades if available, early check-in and late checkout if available, and a special benefit worth up to $100.

What could be improved

Even though the Chase Sapphire Reserve® is among the best travel credit cards, it's not without its drawbacks.

Annual fee

The Chase Sapphire Reserve® has a $550 annual fee. This fee is justifiable for travelers who can take advantage of the perks, but it is worth considering the value you can get out of the card before applying.

Find the best credit card for your needs

Compare credit card rewards, fees, APRs, and more using our side-by-side comparison tool.

Is the Chase Sapphire Reserve's annual fee worth it?

If you can use the benefits, the Chase Sapphire Reserve® annual fee is well worth it. But if you're not sure, it may be better to look at other credit cards.

While the annual fee is expensive at $550, there's also the $300 annual travel credit, which is easy to use. Assuming you use that, the card's true annual cost is $250. It also has plenty of other spending credits and travel perks, plus the value you get from the rewards it earns.

Here's a simple way to look at it: If you plan to use the Chase Sapphire Reserve® for most of your expenses, its value will likely outweigh the annual fee. If you're going to use multiple top credit cards, then you'll need to do the math to see if the annual fee makes sense for you.

The Chase Sapphire Reserve is NOT worth it if…

  • You don't travel often: Many of this card's benefits are travel related. It only makes sense for cardholders who travel multiple times per year and are sure to use the $300 annual travel credit. Everyone else should keep browsing credit card reviews to find a more suitable option.
  • You carry a credit card balance: Interest charges will always cost you more than any credit card rewards you earn. To come out ahead with the Chase Sapphire Reserve®, you need to pay off your full balance consistently so you don't get charged any interest.
  • You're on a tight budget: This Chase card can be worth the annual fee, but it's still a sizable cost of $550 per year. If you're trying to reduce your spending, you're probably better off with a more affordable card.

Suggested credit score

Aim for a FICO® Score of 670 or higher -- ideally, a credit score of 700 or higher -- when applying for the Chase Sapphire Reserve®. Lower scores may not disqualify your application. Chase will also consider your income and debts when making its decision.

Chase credit cards are known for an unofficial application rule. If you've already opened five or more credit cards during the previous 24 months, you likely won't meet Chase's approval requirements and your application will be denied.

LEARN MORE: A Guide to Chase's 5/24 Rule

The Chase Sapphire Reserve is right for you if:

You travel often and you want a premium credit card packed with benefits. In particular, this Chase card is a great choice if most or all of the following are true:

  • You normally travel three or more times per year.
  • You spend quite a bit on travel and dining.
  • You can take advantage of this card's air travel perks, including airport lounge access and a credit for a Global Entry or TSA PreCheck membership.
  • You want versatile travel points that you can transfer to your favorite hotel and airline brands.

Considering its annual fee, the Chase Sapphire Reserve® won't be right for everyone. But if its features fit your lifestyle, it could be your ticket to big savings and an improved travel experience.

Our credit card methodology

At The Motley Fool Ascent, we rate credit cards on a five-star scale (1 = poor, 5 = best). Our rating criteria includes rewards rates, welcome bonuses, fees, and perks like travel credits and 0% intro APR offers to evaluate our ratings.

We combine these factors with an evaluation of brand reputation and customer satisfaction to ensure you're getting the best card recommendations. Learn more about how The Ascent rates credit cards.

FAQs

  • The credit limit for the Chase Sapphire Reserve® ranges from $10,000 to over $50,000. When you're approved for the card, Chase sets a credit limit based on your income and credit history.

  • Yes, the Chase Sapphire Reserve® is made of metal.

  • Yes, you can use the Chase Sapphire Reserve® internationally, and it doesn't charge a foreign transaction fee.

Our Credit Cards Experts