Chase Sapphire Reserve®

Welcome Bonus

60,000 bonus points

After you spend $4,000 on purchases in the first 3 months from account opening

Annual Fee

$550

Annual Rewards

Up to 10X Points and $300 Credit

N/A

Rewards on Approval

N/A

Interest rates

Purchase Rates

21.74%

Cash Advance Rates

29.74%

Balance Transfer Rates

21.74%

Table of Contents

Chase Sapphire Reserve®

Chase Sapphire Reserve® is a premier travel rewards credit card offering exceptional benefits. With its generous rewards program, travel credits, airport lounge access, and travel insurance, it caters to frequent travelers seeking luxury and value.

Pros

  • Generous rewards program: The Chase Sapphire Reserve® offers 3 points per $1 spent on travel and dining purchases, and 1 point per $1 spent on all other purchases. Points can be redeemed for travel through Chase Ultimate Rewards, and are worth 50% more when redeemed in this way.
  • Valuable travel benefits: The card offers a $300 annual travel credit, Priority Pass Select lounge access, Global Entry or TSA PreCheck fee credit, and special car rental privileges with select car rental companies.
  • Valuable insurance benefits: The card also offers a range of insurance benefits, including trip cancellation/interruption insurance, primary rental car insurance, and emergency medical and dental coverage while traveling.
  • No foreign transaction fees: The card does not charge foreign transaction fees, making it a good option for international travelers.
  • Premium perks: The card offers premium perks such as 24/7 concierge service, exclusive access to experiences, and special events.

Cons

  • High annual fee: The Chase Sapphire Reserve® has a $550 annual fee, which may be too high for some people.
  • High credit score requirement: The card is designed for people with excellent credit, typically meaning a credit score of 740 or higher.
  • Limited bonus categories: While the rewards program is generous, it is limited to travel and dining purchases.
  • Limited acceptance: While the card is widely accepted, it may not be accepted at all merchants, particularly outside of the United States.

Details & Eligibility

  • 680 - 800
  • N/A
  • N/A
  • $550
  • N/A
  • Visa
  • No
  • 21.74%
  • 29.74%
  • 21.74%
  • N/A
  • N/A
  • N/A

About Chase Sapphire Reserve®

The Chase Sapphire Reserve® is a premium travel rewards credit card issued by Chase Bank. The card is designed for frequent travelers who are looking to earn valuable rewards and enjoy a range of travel-related benefits. Here’s some more information about the Chase Sapphire Reserve®: Rewards Program:
  • The Chase Sapphire Reserve® offers 3 points per $1 spent on travel and dining purchases, and 1 point per $1 spent on all other purchases. Points are worth 50% more when redeemed for travel through Chase Ultimate Rewards.
Sign-Up Bonus:
  • The card currently offers a sign-up bonus of 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. This bonus is worth $900 when redeemed for travel through Chase Ultimate Rewards.
Annual Fee:
  • The Chase Sapphire Reserve® comes with an annual fee of $550.
Travel Benefits:
  • The card offers a range of travel-related benefits, including a $300 annual travel credit, Priority Pass Select lounge access, Global Entry or TSA PreCheck fee credit, and special car rental privileges with select car rental companies.
Other Benefits:
  • The card also comes with other benefits, such as purchase protection, trip cancellation/interruption insurance, and extended warranty protection.
Credit Requirement:
  • The Chase Sapphire Reserve® requires excellent credit, which typically means a credit score of 740 or higher.
Foreign Transaction Fees:
  • There are no foreign transaction fees for the Chase Sapphire Reserve®, making it a great option for international travelers.
Overall, the Chase Sapphire Reserve® is an excellent option for frequent travelers who are looking for a premium credit card with valuable rewards and a range of travel-related benefits. The card’s high annual fee may be a drawback for some customers, but the generous rewards program and travel benefits can more than offset the cost for many travelers.

Why choose Chase Sapphire Reserve®

Are you a frequent traveler looking for a credit card that offers exceptional rewards and travel-related benefits? Look no further than the Chase Sapphire Reserve®! With the Chase Sapphire Reserve®, you’ll earn 3 points per $1 spent on travel and dining purchases, and 1 point per $1 spent on all other purchases. Plus, points are worth 50% more when redeemed for travel through Chase Ultimate Rewards, meaning your rewards go further when you’re booking your next trip. But that’s not all – the Chase Sapphire Reserve® also offers a range of travel-related benefits, including a $300 annual travel credit, Priority Pass Select lounge access, Global Entry or TSA PreCheck fee credit, and special car rental privileges with select car rental companies. These benefits can help you save money and enjoy a more comfortable and stress-free travel experience. And when it comes to peace of mind, the Chase Sapphire Reserve® has you covered. The card comes with purchase protection, trip cancellation/interruption insurance, and extended warranty protection, ensuring that you’re protected if anything goes wrong during your travels. Of course, all of these benefits come with a cost – the Chase Sapphire Reserve® has an annual fee of $550. But for frequent travelers who take advantage of the card’s rewards and benefits, this cost can easily be offset. So if you’re looking for a credit card that offers exceptional rewards and travel-related benefits, look no further than the Chase Sapphire Reserve®.

How to apply for Chase Sapphire Reserve®

You can apply for the Chase Sapphire Reserve® by following these steps:
  1. Go to the Chase Sapphire Reserve® page on the Chase website.
  2. Click on the “Apply Now” button to start the application process.
  3. Fill out the application form with your personal information, including your name, address, and social security number.
  4. Provide information about your income and employment.
  5. Review the terms and conditions of the card, including the annual fee, rewards program, and other important details.
  6. Submit your application.
After you submit your application, Chase will review your information and make a decision on whether to approve your application. If you are approved, you will receive your new card in the mail within 7-10 business days. Please note that the Chase Sapphire Reserve® requires excellent credit, typically meaning a credit score of 740 or higher. If you have a lower credit score, you may want to work on improving your credit before applying for this card.

What are my approval odds for Chase Sapphire Reserve®

The approval odds for the Chase Sapphire Reserve® can vary depending on a number of factors, such as your credit score, income, and other factors that are evaluated by Chase during the application process. That being said, the Chase Sapphire Reserve® is a premium credit card that is designed for people with excellent credit. Typically, this means a credit score of 740 or higher. If you have a credit score in this range and a strong income, you may have good approval odds for the card. However, it’s important to keep in mind that approval is not guaranteed. Chase will consider a variety of factors when evaluating your application, and even if you meet the credit score and income requirements, there are other factors that can impact your approval odds. If you’re interested in applying for the Chase Sapphire Reserve®, it’s a good idea to review the card’s requirements and consider your own financial situation before submitting an application. You can also check your credit score and credit report to get a sense of where you stand before applying.

FAQs about Chase Sapphire Reserve®

Here are some frequently asked questions (FAQs) about the Chase Sapphire Reserve®:
  1. What is the annual fee for the Chase Sapphire Reserve®?
The annual fee for the Chase Sapphire Reserve® is $550.
  1. What rewards does the Chase Sapphire Reserve® offer?
The Chase Sapphire Reserve® offers 3 points per $1 spent on travel and dining purchases, and 1 point per $1 spent on all other purchases. Points can be redeemed for travel through Chase Ultimate Rewards, and are worth 50% more when redeemed in this way.
  1. What travel-related benefits does the Chase Sapphire Reserve® offer?
The Chase Sapphire Reserve® offers a range of travel-related benefits, including a $300 annual travel credit, Priority Pass Select lounge access, Global Entry or TSA PreCheck fee credit, and special car rental privileges with select car rental companies.
  1. What is the credit score requirement for the Chase Sapphire Reserve®?
The Chase Sapphire Reserve® is designed for people with excellent credit, typically meaning a credit score of 740 or higher.
  1. Does the Chase Sapphire Reserve® have foreign transaction fees?
No, the Chase Sapphire Reserve® does not have foreign transaction fees.
  1. What kind of insurance does the Chase Sapphire Reserve® offer?
The Chase Sapphire Reserve® offers a range of insurance benefits, including trip cancellation/interruption insurance, primary rental car insurance, and emergency medical and dental coverage while traveling.
  1. How do I apply for the Chase Sapphire Reserve®?
You can apply for the Chase Sapphire Reserve® on the Chase website, or by visiting a Chase branch.
  1. Is the Chase Sapphire Reserve® worth the annual fee?
This depends on your spending habits and travel preferences. If you travel frequently and can take advantage of the card’s rewards and benefits, the annual fee can be worth it. However, if you don’t travel often, or if you won’t use the card’s benefits, the annual fee may not be worth it.
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