Chase Sapphire Reserve® Review

Apply for a Chase Sapphire Reserve®

Our Detailed Review of This Card

Apply for This Card

The Chase Sapphire Reserve® card starts off with a huge intro bonus and doesn’t lose steam from there, as it offers a myriad of terrific benefits and perks and great point-earning opportunity. When you combine this with the card’s enormous point redemption possibilities, you have a card frequent travelers are going to want in their pocket.

When it comes to earning rewards, the Chase Sapphire Reserve® card does not disappoint. That’s because you’ll earn 3 points for each dollar you spend on travel and dining out and 1 point per dollar on all other purchases. Not to mention the 50,000 bonus points you’ll get after spending $4,000 in the first 3 months. This intro bonus is worth $750 when you redeem for travel via Chase Ultimate Rewards — and it could be worth even more (depending on the program) if you transfer the points over to a frequent travel program using the free 1:1 point transfer feature discussed later on in this review.

Chase Sapphire Reserve® also features some major card perks, including a $300 annual travel credit that can be used toward any type of travel, including flights and hotel stays. That’s a really big travel credit that you’ll get every year you have the card. Add this to the $100 fee credit for Global Entry or TSA Pre✓® and the card offers some serious credits. Plus, you have access to 1,000+ airport lounges worldwide via your complementary Priority Pass Select membership. Other card perks include worldwide travel assistance, travel accident insurance, lost luggage reimbursement and no foreign transaction fees.

Chase Sapphire Reserve® provides a ton of flexibility when it’s time to redeem your earned points. And given the nature of the point redemption process, your earned points have no blackout dates or travel restrictions, which makes it much easier to plan a vacation. You’ll get the most bang for your buck when you redeem your rewards for travel by using Chase’s online travel portal. That’s because your points are worth an extra 50% more when you redeem them for travel though Chase Ultimate rewards, which offers the ability to book airfare, hotels, car rentals and cruises. You can also redeem them for cash through an account statement credit or electronic deposit into an eligible checking or savings account. Other redemption options include gift cards and travel.

One of the best and most unique features of this card is that you can transfer your earned points for FREE at a 1:1 value to other popular travel rewards programs, including United, Southwest, Hyatt and Marriott. This is a terrific feature that allows you to take advantage of the point value of other programs so you can make the most of your hard-earned points.

With triple points earned on travel and dining purchases, Chase Sapphire Reserve® is a strong choice for frequent travelers or those who like to dine out, but is still an excellent pick for everyone who wants to earn points that give you a lot of redemption choices (free 1:1 transfer to other programs!). There is a $450 annual fee, but the $300 annual travel credit helps to offset that expense. If you’d prefer a card with similar benefits but a lower annual fee of $95 (waived the first year), check out the Chase Sapphire Preferred® Card. Overall, if you like to travel and enjoy earning serious rewards from your travel and dining out, this card is a smart pick.


  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
  • Get a $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary.
  • Earn 3X points on dining at restaurants.
  • Earn 1 point per $1 spent on all other purchases.

Redeem Rewards

  • Points can be redeemed for travel, merchandise, entertainment, dining, or cash.
  • Transfer points at a 1:1 value to participating frequent travel programs.
  • No travel restrictions or blackout dates.
  • When you redeem for cash or a statement credit, your points are worth $.01 (one cent), which means 100 points equals $1 in redemption value.
  • When you redeem for travel through Chase Ultimate Rewards, each point is worth $.0150 (one and a half cents), which means 100 points equals $1.50 in redemption value.

Fees and APR

  • Annual Fee: $450.
  • Foreign Transaction Fee: $0
  • Purchase APR: 19.24% - 26.24% variable.
  • Balance Transfer APR: 19.24% - 26.24% Variable.
  • Balance Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater.
Apply Now
Disclaimer: The information related to Chase Sapphire Reserve® has been collected by and has not been reviewed or provided by the issuer of this card. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program.