|❯ Annual Fee: $550|
|❯ Purchase Intro APR: N/A|
|❯ Rewards Rate: 1 - 3 points / $1 | Bonus 50.000 points|
|❯ Transfer Intro APR: N/A|
|❯ Regular APR: 16.99% - 23.99% Variable|
Spending at least $4,000 within 3 months of getting your Chase Sapphire Reserve Card will trigger a 50,000-points initial bonus. That bounty is worth $750 in travel booked through Chase or $500 in the form of a statement credit.
You will earn 3 points per $1 spent on travel and dining with Sapphire Reserve, which translates to 4.5% cash back when you redeem for travel through Chase. You’ll also earn up to 1.5% back on all other purchases.
The Sapphire Reserve Card’s eye-catching rewards come at the whopping price of $550 per year. That means it’s built for regular use, not just purchase here and there.
The blow dealt with your wallet by the Sapphire Reserve Card’s annual fee is cushioned a bit by up to $300 in free travel each year. As you make travel-related purchases, credits will automatically be applied to your statement.
Sapphire Reserve enables you to sign up for complimentary Priority Pass Select membership, which gives you access to 1,000+ airport lounges around the world. Membership ordinarily costs at least $99 per year, but this perk only adds value if you actually use it.
The points you’ll earn with the Chase Sapphire Reserve Credit Card are worth 50% more when redeemed for travel through Chase Ultimate Rewards. This will prevent you from price-shopping for airfare and hotel reservations.