550$ Annual Fee
The Chase Sapphire Reserve is one of the newest luxury credit cards on the market and comes with some excellent benefits which easily outweigh the annual fee.
Signup Bonus
The Sapphire Reserve offers a 50,000 point signup bonus after spending 4,000$ in the first 3 months of card membership. The original bonus on this card was 100,000 points, however we haven’t seen a bonus that high in a long time. The 50,000 point bonus is still reasonably good and easily worth more than the card’s annual fee.
Who is This Card For?
The Chase Sapphire Reserve is perfect for frequent travelers looking for well rounded travel benefits, the best available travel coverage by a credit card, and for unique point transfer partners like Hyatt Hotels and United Airlines. For semi frequent travelers who aren’t able to make use of all the card benefits, I’d recommend the less expensive Citi Premier or Chase Sapphire Preferred card.
Card Benefits
300$ Travel Credit
The primary cardholder receives a 250$ travel credit each card member anniversary to be spent on any travel expenses including airfare. Unlike American Express cards which only offer “travel incidental” credit, covering things like baggage fees or seat upgrades, this credit is good for ANY travel purchase.
Priority Pass Select Membership
Both the primary cardholder and authorized users receive complementary Priority Pass Select membership. This card provides free unlimited entrance to Priority Pass’ collection of over 1300 partner lounges worldwide for the cardholder and up to two guests per visit. Priority Pass is great for travelers flying in economy class without lounge access to be able to access an airport lounge before their flight.
Access the Skyteam Lounge in Dubai with your Priority Pass!
Skyteam Lounge
Skyteam Lounge
Skyteam Lounge
For more information on Priority Pass and a complete list of lounges you can access, click here.
Bonus Point Categories
Cardholders receive 3x points spent on all travel and dining, and 1x point spent on all other purchases.
Transfer Partners
Chase Ultimate Rewards offers cardholders 10 airline and 3 hotel transfer partners where you can transfer your points 1:1.
Airline Partners
Hotel Partners
Redeem 30,000 points per night at the Park Hyatt Paris Vendome by transferring points to World of Hyatt! This hotel often costs over 1000 Euros per night!
75$ Per Extra Card
You can request additional cards for family or friends which cost just 75$ per card. Each additional cardholder is entitled to some benefits including a Priority Pass membership, however not an additional 300$ travel credit.
Travel Coverage
The Sapphire Reserve offers one of the best travel coverage benefits of any credit card. This includes trip cancellation insurance, auto rental insurance, lost luggage reimbursement and flight delay protection. For more details, click here.
Bottom Line
I have only highlighted some of this card’s many benefits as it would be too long to list them all. Chase offers a compelling product for travelers which should be worthwhile to many of you.
For a full list of card benefits, click here.