The Chase Sapphire Reserve® (see rates and fees) is a favorite among frequent travelers who are looking for luxury perks. Cardholders can benefit from an array of travel credits, exclusive access, travel protections and more that have made this card achieve cult-like status. In fact, when it launched in 2016, there was so much demand that Chase ran out of the metal required to make the card.
Prospective cardholders may be hesitant to join the bandwagon since the card has a steep $795 annual fee, but we've found that it can be worthwhile if you take advantage of all the card's benefits. And compared to other luxury travel credit cards, this card has a comparable annual fee.
Select took an in-depth look at the Chase Sapphire Reserve® and found the best perks cardholders will definitely want to use.
The Chase Sapphire Reserve® is a standout premium credit card with plenty of luxury perks and statement credits to justify its annual fee.
- Access over 1,300 airport lounges worldwide with a complimentary Priority PassTM Select membership, plus every Chase Sapphire Lounge® by The Club with two guests.
- Up to $300 in annual travel credit each account anniversary year
- You can transfer rewards to all of Chase's travel partners including World of Hyatt, Southwest Rapid Rewards and many more
- Top-tier travel and shopping protections
- High annual fee
- Requires a high credit score
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 150,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.
- Get $3,000 in annual value with Sapphire Reserve.
- Earn 8x points on all purchases through Chase TravelSM, including The EditSM and 4x points on flights and hotels booked direct. Plus, earn 3x points on dining worldwide & 1x points on all other purchases
- $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
- Access over 1,300 airport lounges worldwide with a complimentary Priority PassTM Select membership, plus every Chase Sapphire Lounge® by The Club with two guests. Plus, up to $120 towards Global Entry, NEXUS, or TSA PreCheck® every 4 years
- Get up to $150 in statement credits every six months for a maximum of $300 annually for dining at restaurants that are part of Sapphire Reserve Exclusive Tables.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance, no foreign transaction fees, and more.
- Get complimentary Apple TV+, the exclusive streaming home of Apple Originals. Plus Apple Music — all the music you love, across all your devices. Subscriptions run through 6/22/27 — a value of $288 annually
- Member FDIC
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
1. Rewards geared toward travelers and foodies
If you're looking to earn competitive rewards on travel and restaurant purchases, this card can be a great asset. Cardholders earn 5x points on Lyft rides plus a new $10 monthly in app Lyft credit through September 30, 2027, 4X points on flights and hotels booked direct 8X total points on purchases through Chase Travel℠ 3X points on dining worldwide and 1X point per $1 on all other purchases.
In addition to rewards, there's a generous welcome bonus: Earn 150,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.
2. Points are worth more if redeemed for travel
The points cardholders earn are potentially worth more when redeemed for travel through the Chase Travel℠ portal.
This is a great way to save money on upcoming travel and can add up to substantial discounts on your upcoming vacations, weekend getaways and commuting.
3. High-value statement credits
If you're looking to save on travel, this card offers an annual $300 travel credit, which is one of the highest credits available. You can use the annual travel credit to cover airfare, hotels and any of the other eligible travel categories mentioned under the rewards section above.
Cardholders can also take advantage of a credit up to $120 for Global Entry or TSA PreCheck® application fee, valid every four years.
4. Free lounge access
Cardholders receive complimentary Priority Pass™ Select membership after a one-time enrollment. The membership is comparable to Prestige status, valued at roughly $429. It gives primary cardholders and authorized users complimentary access to over 1,300 VIP lounges in more than 500 cities worldwide. You're allowed a maximum of two accompanying guests each; additional guests cost $27 per guest, per visit.
5. Suite of premium travel benefits
The Chase Sapphire Reserve® card provides a dozen premium travel benefits that can provide protection when you're luggage is lost, a flight is delayed, your rental car is damaged and more. Here are the perks you can take advantage of when you pay with your Chase Sapphire Reserve® card.
- No foreign transaction fees
- Trip cancellation/interruption insurance
- Auto rental collision damage waiver
- Baggage delay insurance
- Trip delay reimbursement
- Travel and emergency assistance services
- Lost luggage reimbursement
- Emergency evacuation and transportation
- Purchase protection
- Extended warranty protection
- Return protection
- 24/7 direct access to customer service specialists
Terms apply to all offers.
