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!

Advertisement

by Suzana Brito

12/22/2022 | Updated on 03/07/2023

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: 21.49% – 28.49% variable APR for purchases and balance transfers; 29.49% 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.

Advertisement

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.

Advertisement

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.

Trending Topics

content

Accepted Account application: how does it work?

Learn how to apply to the Accepted Account, a membership that allows you to purchase at Distinct Card Services with discounts. Read on!

Keep Reading
content

Payday loans: are they a good alternative?

Understand why Payday loans might not be the best choice if you need quick cash. Keep reading to learn more.

Keep Reading
content

Milestone® Mastercard® – Less Than Perfect Credit Considered review

This credit card is a good option to rebuild your score. Check out the Milestone® Mastercard® - Less Than Perfect Credit Considered review!

Keep Reading

You may also like

content

Milestone® Mastercard® application: how does it work?

If you need to build credit and don't want to pay a security deposit, read our post to learn how to apply for the Milestone® Mastercard®!

Keep Reading
content

Freedom Gold credit card review: is it legit and worth it?

This card is perfect for online shoppers. Get your Freedom Gold credit card to buy at the Horizon Outlet website with benefits.

Keep Reading
content

Old Navy credit card review: is it worth it?

The Old Navy credit card will reward your love for shopping at GAP Inc. stores. Learn more about it, and get exclusive discounts.

Keep Reading