Chase Sapphire Reserve Card

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CardSignup Bonus
Chase Sapphire Reserve Card Chase Sapphire Reserve Card
-> Click here for application tips
50K after $4K spend in 3 months

Overview

chase-sapphire-reserve-gdk-2The Sapphire Reserve is my current top pick for a travel rewards credit card.  It does have a steep annual fee, but its benefits far outweigh the fee:

  • $300 in annual travel credits automatically applied to account for travel purchases charged to card
  • Points worth 1.5 cents each when used to purchase travel
  • Earn 3X points per dollar for travel and dining; 1X elsewhere
  • Airport Lounge Access via Priority Pass Select with unlimited free guests
  • Primary car rental collision damage waiver
  • Rental car privileges and discounts
  • Global Entry or TSA Pre Fee Credit
  • No foreign transaction fee
  • Points transferable 1 to 1 to selected airline and hotel programs

Those who travel often will have no trouble earning $300 per year in travel reimbursements.  In that case, the effective annual fee is really just $150.  That’s not bad at all for a card that offers 3X points for travel & dining, 1.5 cents per point redemption value, and airport lounge access!

I recommend pairing this card with the no-fee Chase Freedom Unlimited which earns 1.5X everywhere, and the no-fee Business Ink Cash which earns 5X in select categories.  Points from both no-fee cards can be moved to your Sapphire Reserve account in order to make them more valuable.

Ultimate Rewards points can be redeemed as follows:

  • Cash or merchandise (1 cent per point value)
  • Purchase Travel through the Chase Ultimate Rewards travel site (1.5 cents per point value)
  • Transfer to a variety of airline and hotel programs (per point value varies from very low to extremely high when points are used this way)

Related Cards

All of the following cards earn Ultimate Rewards points.  Those marked with an asterisk are premium cards that allow points to be transferred to select airline and hotel loyalty programs. The others are advertised as cash back cards, but they really earn Ultimate Rewards points.  You can move those points to loyalty programs indirectly by moving them first to a premium card and then to an airline or hotel program:

* Premium card. Points can be transferred to select airline and hotel loyalty programs.

Related Posts

Card / NotesBonus / Annual Fee
Chase Sapphire Reserve Card Chase Sapphire Reserve Card
-> Click here for application tips

Earning rate: 3X Travel and Dining

Noteworthy Perks:
* $300 Annual Travel Credit
* Points worth 1.5 cents each towards travel
* Primary auto rental collision damage waiver
* Priority Pass Select lounge access
* $100 Global Entry fee credit

See also: Sapphire Reserve Complete Guide
50K after $4K spend in 3 months

$450 annual fee

Note: This card is known to be subject to Chase's 5/24 rule.

Recent better offer: 100K after $4K spend in 3 months, last seen 3/11/2017 in-branch

FM Mini Review: Excellent all-around card for frequent traveler. Best when paired with no-fee Chase Freedom, no-fee Freedom Unlimited & no-fee Chase Ink Cash

Note: Many more excellent credit card offers, along with application tips for each bank, can be found on our Best Credit Card Offers Page.

 

Comments

  1. Sadly, I noticed today that the Chase Sapphire Reserve bonus was cut in half to 50,000 points. Apparently you can still get 100,000 in a branch through early March

    I was putting off opening a card because I’m getting ready to apply for a mortgage and also because I wanted to have more time to redeem the $300 annual travel credit. Wondering if I should just bite the bullet and go ahead and open now before the great bonus is really gone.

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