Chase Sapphire Reserve Reviews: 300+ User RatingsChase Sapphire Reserve reviews from users and WalletHub, plus info on rates, rewards and fees. Review Chase Sapphire Reserve’s terms and apply online.John KiernanWalletHubInitial Bonus: 60,000 points$300 Annual Travel CreditUp To 15% Back On Hotels and Car RentalsHigh Annual FeeHigh APR
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Editor’s Rating
4.4
User Reviews
3.3
Market Comparison
4.1
fees: 1.3
rewards: 4.8
cost: 4.8
Other Features: 0.0
Earn 60,000 bonus points
after you spend $4,000 on purchases in the first 3 months from account opening.
The Chase Sapphire Reserve® card is an elite travel rewards credit card that’s worth it for big-spenders with a credit score of 750+. Sapphire Reserve is so good because it offers a bonus of 60,000 points for spending $4,000 within 3 months of opening an account, plus ongoing rewards of 1 - 10 points per $1 and a $300 annual travel credit.
WalletHub Rating Breakdown
User Reviews
3.3/5
311 reviewsRead and write reviews
Editor’s Review
4.4/5
John Kiernan, Credit Card EditorRead full review
Market Comparison
Market Comparison
4.1
The Market Comparison is a key component of the WalletHub Rating, as it measures how appealing the terms of a card are compared to a pool of over 1,500 credit card offers monitored by WalletHub. To ensure cards are evaluated for their most relevant purpose, we score each card across various cardholder needs and select the rating for the need with the highest score, which is “Earn Rewards” for this card.
Fees
1.3
Rewards
4.8
Cost
4.8
Other Features
0.0
4.1/5
Compared against 1,500+ credit cards
KEY TERMS
Earn 60,000 bonus points
after you spend $4,000 on purchases in the first 3 months from account opening.
Accepted Credit Scores
Accepted Credit Scores
Excellent Credit
Chase Sapphire Reserve Annual Fee
$550
Chase Sapphire Reserve APR on Purchases
22.49% - 29.49% (V)
Chase Sapphire Reserve Balance Transfer
APR: 22.49% - 29.49% (V)
Balance Transfer Fee:Either $5 or 5% of the amount of each transfer, whichever is greater.
Chase Sapphire Reserve Rewards
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠.
$300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
Get 50% more value when you redeem your points for travel through Chase Travel℠. For example, 60,000 points are worth $900 toward travel.
1:1 point transfer to leading airline and hotel loyalty programs
Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
Chase Sapphire Reserve's Additional Info
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more
Member FDIC
cash advance fee
Either $10 or 5% of the amount of each transaction, whichever is greater.
The Chase Sapphire Reserve® card is an elite travel rewards credit card that’s worth it for big-spenders with a credit score of 750+. Sapphire Reserve is so good because it offers a bonus of 60,000 points for spending $4,000 within 3 months of opening an account, plus ongoing rewards of 1 - 10 points per $1 and a $300 annual travel credit.
Although the Sapphire Reserve card’s annual fee is very high, at $550, the card has more than enough rewards and other perks to be worth the cost when used wisely. Below, you can find a breakdown of the top features to consider before applying for Chase Sapphire Reserve.
Chase Sapphire Reserve Review Highlights
Big-time bonus
Spending at least $4,000 within 3 months of getting your Chase Sapphire Reserve Card will trigger a 60,000-points initial bonus. That bounty is worth $900 in travel booked through Chase or $600 in the form of a statement credit.
$300 annual travel credit
The blow dealt to 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.
Earn up to 15% back on travel
You will earn a total of 10 points per $1 spent on hotels and car rentals booked through Chase, a total of 10 points per $1 on prepaid restaurant reservations or takeout orders made through Chase, and a total of 5 points per $1 on flights booked through Chase. These earning rates translate to 6.25% - 15% cash back when you redeem for travel through Chase. Other travel and dining purchases get 3 points per $1 spent, and all other purchases get 1 point per $1.
Big-time fees
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 a purchase here and there.
Airport-lounge access
Sapphire Reserve enables you to sign up for complimentary Priority Pass Select membership, which gives you access to 1,300+ airport lounges around the world. Membership ordinarily costs at least $99 per year, but this perk only adds value if you actually use it.
It pays to book travel through Chase
The points you’ll earn with the Chase Sapphire Reserve Credit Card are worth 50% more when redeemed for travel through Chase Travel. This will prevent you from price-shopping for airfare and hotel reservations.
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Chase Sapphire Reserve Video Review
Compare The Chase Sapphire Reserve vs. Popular Alternatives
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Editor’s Rating
4.4
User Reviews
3.3
Market Comparison
4.1
fees: 1.3
rewards: 4.8
cost: 4.8
Other Features: 0.0
4.6WalletHub Rating
WalletHub Rating
4.6
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Editor’s Rating
5.0
User Reviews
3.9
Market Comparison
4.6
fees: 2.9
rewards: 4.8
cost: 5.0
Other Features: 5.0
3.3WalletHub Rating
WalletHub Rating
3.3
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Can't find what you are looking for? Submit your question about Chase Sapphire Reserve® to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card. In addition, WalletHub independently collected information for some of the cards on this page.
Yes, Chase Sapphire Reserve is worth it if you spend at least $4,000 in the first 3 months and qualify for the card's initial bonus of 60,000 points. Frequent travelers will also get a lot of value out of Chase Sapphire Reserve because it comes with a $300 annual travel credit and good ongoing rewards. The card's initial bonus, ongoing rewards and benefits will help you offset its hefty $550 annual fee.
Chase Sapphire Reserve Worth: Key Considerations
You earn 1 - 10 points / $1 spent on purchases, including 10 points / $1 spent on select travel expenses.
You'll have an opportunity to earn an initial bonus of 60,000 bonus points for spending $4,000 in the first 3 months.
Chase Ultimate Rewards points are worth 50% more than usual when you redeem them for travel through the Chase Travel portal.
There are several types of travel insurance, including a $1 million benefit for serious injury or death.
You get a Priority Pass Select airport lounge membership that would usually cost $469 a year.
You'll receive a $300 travel credit each account anniversary year.
Tips for Getting the Most Out of Chase Sapphire Reserve
Chase Sapphire Reserve's attractive features are only worth it if you travel frequently and have the excellent credit needed to get approved. You'll also need to earn enough rewards – or utilize enough of the card's other perks – to make it worth owning.
For example, if you make the most of the Priority Pass membership ($429 annual value), along with the $300 annual travel credit, you'd recoup the entire annual fee. That shouldn't be hard for frequent travelers to do every year. And the more benefits you take advantage of, the less you need to spend to break even.
Finally, in order for Chase Sapphire Reserve to be worth it, it's important to pay the bill in full each month. Otherwise, you'll end up paying a 22.49% - 29.49% (V) interest rate on the unpaid balance, which will decrease the overall value of the card's perks and rewards.
More moderate spenders looking for a travel rewards card without the huge annual fee should check out our editors' picks for the best travel rewards credit cards to help narrow the search.
Your Chase Sapphire Reserve approval odds are decent if you have a credit score of 750 or higher, which is considered excellent credit. Chase doesn't publicly disclose their exact approval criteria. But they will definitely look at your credit history, income level, as well as your current debt load.
Chase Sapphire Reserve Approval Odds Info
Credit score requirements:Chase Sapphire Reserve requires excellent credit for a strong chance of approval, which means a score over 750.
The only surefire way to get the $550Chase Sapphire Reserve annual fee waived is if you're an active servicemember and you check that box on the application. As long as Chase can confirm your active duty status, they won't charge you any fees. Otherwise, your odds of getting a Chase Sapphire Reserve annual fee waiver are next to none. Chase Sapphire Preferred Card also has a $95 annual fee. But it's not like Chase will penalize you for asking...
While the Chase Sapphire Reserve income requirements aren't publicly available, your income should cover the $450 annual fee and monthly payments on a credit line of $10,000 or more. It would certainly be easier if Chase just gave out a magic number, but the truth is that income is only one factor in the application.
Here's what we know about the Chase Sapphire Reserve income requirement:
Chase doesn't disclose any particular number. You might...
Yes, Chase Sapphire Reserve is hard to get because it requires excellent credit for approval. Unless your credit score is 750 or higher and you have a lot of income, it will be difficult for you to get approved for the Chase Sapphire Reserve card.
The Chase Sapphire Reserve® card is so popular because it is an elite travel credit card with great rewards and benefits. For example, Chase Sapphire Reserve offers a bonus of 60,000 points for spending $4,000 within 3 months of opening an account, plus up to $300 in statement credits for travel purchases each year. These and other perks help offset the card's high annual fee ($550).
The Chase Sapphire Reserve annual fee is $550. Chase Sapphire Reserve's $550 annual fee is higher than the average annual fee among new credit card offers right now. It's not the only fee you need to worry about with the Chase Sapphire Reserve® Card, either.
Chase Sapphire Reserve Fees
Annual Fee:$550
Cash Advance Fee:Either $10 or 5% of the amount of each transaction, whichever is greater.
Foreign Fee: $0
Balance Transfer Fee:Either $5 or 5% of the amount of each transfer, whichever is greater.
You have to spend approximately $18,333 per year (an average of $1,527 per month) on travel and dining or $55,000 on non-travel/dining purchases to break even with the Chase Sapphire Reserve Card. This is without taking into account the card's initial bonus or other big benefits. New cardholders would just need to spend $4,000 in the first 3 months on the card to recover the cost of the annual fee.
No, you cannot get the Chase Sapphire Reserve 100k bonus anymore, as it was a limited-time promotion that has expired a while back. The card now offers a bonus of 60,000 bonus points for spending $4,000 in the first 3 months. That's still one of the biggest credit card bonuses on the market, though. It also helps offset Chase Sapphire Reserve's $550 annual fee.
Note that the Chase Sapphire Reserve's 100k bonus was never supposed to be permanent. It was the equivalent of 35% cash back, and that's just not...
The best Chase Sapphire Reserve card benefits are airport-lounge access and up to $300 in annual travel credit. The Chase Sapphire Reserve® card also has auto rental collision damage waiver and purchase protection, which are more common perks across Chase credit cards.
Share your insights and review for the Chase Sapphire Reserve®
5
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44%
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10%
1
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3.3
311 reviews
311 reviews
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Jeffrey Anderson @Aplmustdie
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1 Star Rating
I have a travel rewards card to make travel easier. Working with Chase Reserve has been anything but easy. I built up a number of points, so I thought I would use them to buy a ticket to Sydney, Australia. Unfortunately (my fault), I forgot to add the time change of 17 hours to my trip calculation. I called Chase to see if I could reschedule from April 6 to April 5 on another flight. They told me all they have is first class at an astronomical price. I can log on to Expedia and see many flights with space available. So, for a travel rewards card, Chase Reserve is very limited on what you can use the points for. My question is, "Why do I have it if I can't use the points?" They then told me I should contact Air New Zealand directly. I waited 2 hours only to be disconnected. I tried again and waited for 3 hours only to be told I need to go through Chase, and they could do nothing for me. I did call Chase again, but they chose not to be bothered. As a result, my points are gone, and I had to book another ticket. It's ok though. I have no intention of using Chase moving forward, so whatever points remain will not benefit me. I'll pull out my Capital One card and throw the Chase in the junk drawer. When I kick a card to the curb, I never go back. Oh well, it's their loss.
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Sherry Green @snovato1
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2 Star Rating
This credit card appears to have many benefits. I'm new to it, so I have not tried most of them. The one disappointment so far has to do with the Priority Lounge access. Because they could not get the card to me in time for my next trip, their representative told me to go to the lounge or a restaurant if there wasn't a lounge in the terminal, pay for the entrance fee or meal, and they would reimburse me up to $28 per person. I followed their instructions, and they have refused payment.
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jim_pippin @jim_pippin
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3 Star Rating
The points are great, but lounge access seems to be a disappointment. Lounges have restrictions on hours or are always full. I looked forward to using lounges, but after three trips, I still haven't made it into one.
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paulinacostainc @paulinacostainc
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1 Star Rating
Disappointment and disbelief... What a horrible and terrifying experience. This if the first time I used Chase Travel Team as a service of Chase Sapphire Reserve to travel to Portugal with family. Chase travel team convinced me that their service was amazing, way better than Expedia and I would gain lots of points. However, when I arrived at the airport at 6:30pm after checking in online, British Airways informed me that they canceled our connecting flight to our final destination. So me and my family were stranded at the airport for over 8 hours. Finally, British Airways put us on another flight with Tap Air Portugal which was boarding at 2:30 am. Me and my family spent countless hours of wasted time because of trusting the Chase Sapphire Reserve travel service. This impacted all my travel plans as to checking in at our Airbnb and our car rental. Never again will I use this travel service. Expedia is way safer. Chase Sapphire Reserve Card member, P. Costa
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bakerhomemail @bakerhomemail
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1 Star Rating
Terrible customer service…terrible online travel portal! I am ready to head over to Platinum American Express. Flight issues (changed our booking to an overnight stay in the airport. No thanks…cancelled the flight and did on our own). Just spent over 2 hours trying to receive the amenities guaranteed with our luxury travel hotel. Evidently one must purchase the hotel reservation through a specific link…not CLEAR on the website and actually we should have been directed to the correct link. I booked our entire trip on Ultimate Rewards but OOH NO, luxury hotels have their own, separate link. Not a big deal, but our friends with AMEX were automatically given their complimentary breakfasts, $100 lodge credit and a lovely upgrade. When I inquired about our amenities with our Chase Sapphire Reserve, the desk clerk laughed. Sealed the deal that this card is not what it is cracked up to be.
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danvolk8 @danvolk8
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1 Star Rating
This card is marketed toward seasoned travelers... If you're a seasoned traveler, please trust me on this one and look elsewhere. The point value is great; HOWEVER, if you have to change anything on your itinerary or need something as simple as a confirmation number, you MUST call their travel center. I just spent 1 hr 56 min on the phone with their travel center simply to use a travel credit toward a single round trip flight. And yes, this is the ONLY way to use a travel credit. They use Expedia on the backend, so you're paying this fee for a third party to use Expedia for you in a way that literally takes 100X longer. It is painful.
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Reggie @bates_reggie
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5 Star Rating
Verified Customer
The Chase Sapphire Reserve card is an excellent one to carry! It is my favorite overall card I own for rewards points. Make sure you use frequently enough to offset the $550 annual fee. It has excellent intro perks. It has ongoing rewards for you to redeem from everyday purchases. Higher rewards for travel purchased directly through the site etc. I highly recommend both the card & the Company!
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danc_29 @danc_29
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1 Star Rating
Verified Customer
This card should not exist, it's useless. It declines everywhere for absolutely no reason. A 100% hassle more than anything else! A nightmare to have. In about 10 days I spent more time on the phone with their "security" department, then in 10 years combined than with all other credit card providers I have. This is not an exaggeration! It does not even come close in service and functionality with the American Express Platinum.
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Nater Kristen @miladdoraji2
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5 Star Rating
The Chase Sapphire Reserve card has become my go-to travel companion, and it has consistently exceeded my expectations. This card has been my primary choice for worldwide travel, and I cannot speak highly enough of its performanc. From the moment I acquired the Chase Sapphire Reserve, it has provided me with unparalleled benefits and perks. The card's travel rewards program is outstanding, offering flexible redemption options and generous point values. I have been able to maximize my rewards and use them towards flights, hotel stays, and other travel-related expenses effortlessly. The customer service provided by Chase has been exceptional. Whenever I had inquiries or needed assistance, their representatives were responsive, knowledgeable, and dedicated to ensuring my satisfaction. It's reassuring to have a card issuer that values its customers and is committed to providing top-notch support. In conclusion, the Chase Sapphire Reserve card has been a game-changer for my global travel experiences. Its impressive rewards program, coupled with outstanding customer service, has made it a reliable and rewarding choice. If you are a frequent traveler like me, I highly recommend considering the Chase Sapphire Reserve as your go-to travel credit card.
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Jus Someg @Justsomeguy511
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1 Star Rating
In regards to the chase travel portal it's awful. Things work fine unless you need to change anything, getting maximum reward points is only done through booking through chase as a middle man to any agency. This isn't having someone handle your reservations rather you on hold for 45 minutes while someone slightly trys to make the changes needed when you could do it yourself in 2 minutes. The lack of freedom of booking directly with any agency is a huge drawback for me as I'm constantly traveling with a fluctuating schedule. One more issue and I plan on canceling to switch to amex.
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