Credit Cards

Chase Sapphire Reserve® review: Free airport lounge access worldwide

Are you thinking of jet-setting with a new travel card? Check out our Chase Sapphire Reserve® review and see if it's just what you need for your next adventure. Read on!

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Chase Sapphire Reserve®:  Is it the perfect travel card for you?

Chase Sapphire Reserve® credit card
Read our Chase Sapphire Reserve® review and learn what this card offers. Source: Chase

If you’re on the hunt for a top-line travel credit card with rewards, you’d better read this Chase Sapphire Reserve® review. This card is smart for avid travelers thanks to its generous reward structure.

Chase Sapphire Reserve® credit card

Chase Sapphire Reserve® application

Chase Sapphire Reserve® offers multiple rewards. Get all the details you need to apply and learn to take your vacays up a notch.

It also comes with an annual fee that can be off-putting if you’re not getting enough value in return. So, is it worth it? Let’s take a closer look at the rewards and fees associated with this card to help you decide.

  • Credit Score: Excellent;
  • Annual Fee: $550, or $75 for each authorized user; 
  • Regular APR: 22.49% – 29.49% variable APR for purchases and balance transfers; 29.99% variable APR for cash advances;
  • Welcome Bonus: 60K bonus points after spending $4k on purchases in the 1st three months of account opening ($900 on travel redeemed through Chase Ultimate Rewards®);
  • Rewards: 5x points on flights and 10x points on car rentals and hotels when purchasing through Chase Ultimate Rewards®; 3x points for eligible travel worldwide;
  • Other Rewards: 10x points for dining purchases with Chase Ultimate Rewards®; 3x on other dining at restaurants; 1 point on all other purchases;
  • Terms apply.

Chase Sapphire Reserve®: how does it work?

Are you always on the go, hopping from one adventure to the next? If so, there are great chances the Chase Sapphire Reserve® card could be your ideal travel companion. Let’s see if it’ll fit in with your lively lifestyle.

The Rewards 

  • 5x total points on flights, 10x total points on car rentals and hotels, and 3x points for travel worldwide bought through Chase Ultimate Rewards® after spending $300 on travel purchases yearly.
  • 10x total points for Dining purchases with Chase Ultimate Rewards® and 3 points for other restaurants.
  • 1 point on all other purchases. 

As a new cardholder, you also get an impressive signup bonus—60K bonus points after spending $4K in the first three months—that will give your rewards program a healthy boost right away.

And 50% more value when redeeming points for travel through Chase Ultimate Rewards®.

Plus, don’t forget about this card’s great benefits, including no foreign transaction fees, VIP airport lounge access to more than 1.300+ locations worldwide, and many other benefits.

The Fees 

Hands with smartphone and credit card
Earn points and multiple benefits with the Chase Sapphire Reserve®. Source: Adobe Stock

Of course, the biggest downside to owning any premium rewards credit card is the hefty annual fee: $550/year.

However, if you use your points strategically and take advantage of all the perks available through this program, the annual fee could easily be offset by the money saved.

Other fees:

  • Cash advance: $10 or 5%, whichever is greater.
  • Balance Transfers: $5 or 5%, whichever is greater. 
  • Late and Return payment: Up to $40.

Chase Sapphire Reserve®: should you get one?

Wondering what the benefits and drawbacks of the Chase Sapphire Reserve® credit card are? Then let’s take a closer look at it to help you with your decision.

Multiple personalized credit card offers

Applying won't hurt your credit score

You will be redirected to another website

Pros 

  • Above-average rewards rate;
  • Luxury benefits;
  • Access to VIP lounges;
  • Car rental coverage;
  • Travel protections.

Cons

  • Annual fee;
  • It requires excellent credit. 

Credit score required

To be eligible for a Chase Sapphire Reserve® card, you’ll need an excellent credit-a score of no less than 720.

Chase Sapphire Reserve® application: how to do it?

Ready to get your hands on the Chase Sapphire Reserve®? Read our guide below for all the info you need about applying for this fantastic travel card.

Chase Sapphire Reserve® credit card

Chase Sapphire Reserve® application

Chase Sapphire Reserve® offers multiple rewards. Get all the details you need to apply and learn to take your vacays up a notch.

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

About the author  /  Suzana Brito

I'm a Language Studies graduate and have always been interested in writing and sharing knowledge. By creating content about finances and related products, I believe in contributing to people achieving financial freedom and their goals in life.

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