Chase

Chase Sapphire Reserve® Credit Card

Chase and related product names are trademarks of their respective owners. Madeen is not affiliated with, sponsored by, endorsed by, or acting on behalf of Chase. Madeen is an independent credit-card comparison and education service. Issuer websites control current terms, fees, and eligibility.

Chase Sapphire Reserve® Credit Card4%
Travel at 4%$795 annual feeWelcome bonus
Top 99% for Travel
Highest earn rate in Travel at 4% effective value

The Chase Sapphire Reserve® Credit Card from Chase earns up to 4% effective value on travel in Madeen's catalog snapshot. Its annual fee is $795. New applicants may see: Earn 100,000 points after you spend $6,000 in purchases in the first 3 months from account opening..

Top category
Travel
Effective value
4%
Annual fee
$795
Chase Sapphire Reserve® Credit Card card art

Best for travel-heavy spend when the $795 fee fits your usage; confirm issuer terms before applying. Best for spenders who put meaningful volume in travel and can earn 4x points. The welcome bonus can help if you can meet the spend requirement. Travel perks may add value beyond the earn rate.

Madeen analysis

What does the Chase Sapphire Reserve Credit Card earn in each category?

Travel is the strongest category at 4% effective value (4x points at about 1 cents each). That travel rate ranks higher than about 99% of the 2,849 cards we track in that category. The five-category effective-rate table on this page shows how Chase Sapphire Reserve Credit Card compares across dining, grocery, gas, travel, and other spend. Catalog spend signals highlight.

Travel is the strongest category at 4% effective value (4x points at about 1 cents each). That travel rate ranks higher than about 99% of the 2,849 cards we track in that category. The five-category effective-rate table on this page shows how Chase Sapphire Reserve Credit Card compares across dining, grocery, gas, travel, and other spend.

Category Earn rate Effective value
Dining
Restaurants, cafes, takeout
3x points 3%
Grocery
Supermarkets and grocery stores
1x points 1%
Gas
Gas stations and fuel
1x points 1%
Travel
Flights, hotels, transit
4x points 4% Top category
Other
General everyday spend
1x points 1%

Madeen values Chase Ultimate Rewards at about 1 cents each. Madeen compares every card using this cash-equivalent estimate while still showing the raw earn rate for context.

Reward rules

What are the Chase Sapphire Reserve Credit Card reward caps and conditions?

The Chase Sapphire Reserve Credit Card has 3 notable cap or condition rule(s) in Madeen's catalog, including activation windows, spend limits, and category exclusions. Review each bullet below before assuming unlimited earn rates.

  • 4x points on flights purchased direct
  • 3x points on dining worldwide
  • 4x points on hotels purchased direct
Madeen take

Who should get the Chase Sapphire Reserve Credit Card?

The Chase Sapphire Reserve Credit Card fits spenders who put meaningful volume in travel and can earn 4x points. Best for spenders who put meaningful volume in travel and can earn 4x points. The welcome bonus can help if you can meet the spend requirement. Travel perks may add value beyond the earn rate.

Chase Sapphire Reserve fits travelers who can use the credits, lounge access, and direct travel earn rates often enough to justify a premium annual fee. Madeen shows the effective-rate math next to simpler cards so you can see whether the fee is earning its keep in your wallet.

Best for spenders who put meaningful volume in travel and can earn 4x points. The welcome bonus can help if you can meet the spend requirement. Travel perks may add value beyond the earn rate.

Compare it against simpler no-fee cards if you want minimum complexity.

Worth comparing for heavy travel spend; use Madeen to check whether a lower-fee card already wins on your categories.

Pros

  • Strong direct travel and dining earn under current Chase terms
  • Premium travel benefits can matter more than a few extra basis points for frequent flyers

Cons

  • High annual fee if credits and lounge use do not match your habits
  • Points value still depends on Ultimate Rewards redemptions
Welcome bonus

What is the Chase Sapphire Reserve Credit Card welcome bonus?

In Madeen's catalog snapshot, the Chase Sapphire Reserve Credit Card welcome offer is Earn 100,000 points after you spend $6,000 in purchases in the first 3 months from account opening.. Minimum spend, eligibility, and offer windows are set by the issuer and can change — confirm on the issuer application page before applying.

Offer
100k Chase Ultimate Rewards (~$1000 estimated)
Terms (catalog snapshot)
Earn 100,000 points after you spend $6,000 in purchases in the first 3 months from account opening.
Minimum spend
$6,000
Window
3Months
Fees

Does the Chase Sapphire Reserve Credit Card have an annual fee?

The Chase Sapphire Reserve Credit Card has an annual fee of $795 and a foreign transaction fee of None. Confirm current fees on the issuer page before applying.

Annual fee
$795
Foreign transaction fee
None
Travel perks

What travel perks does the Chase Sapphire Reserve Credit Card include?

The Chase Sapphire Reserve Credit Card includes Trusted traveler credit, Lounge access, $120 in Lyft credits, $250 Shops at Chase credit and more in our snapshot. Perks and benefits can change; verify coverage on the issuer site before you rely on them.

  • Trusted traveler credit

    Receive one statement credit of up to $120 every four years as reimbursement for the application fee charged to your card.

  • Lounge access

    Enjoy complimentary access to every Chase Sapphire Lounge by The Club with up to two guests, plus access to 1,300+ Priority Pass airport lounges worldwide. Also get access to select Air Canada Maple Leaf Lounges and Air Canada Cafés in the U.S., Canada and Europe with an eligible boarding pass.

Benefits

What benefits come with the Chase Sapphire Reserve Credit Card?

Madeen estimated annual value~$2,729
27 benefits summed · 12 coverage limits · 8 not valued
  • $500 Southwest Airlines Credit

    $500/yr

    Get a $500 Southwest Airlines Credit through Chase Travel after you spend $75,000 on your Sapphire Reserve card each calendar year.

    How we value this

    Statement credit face value from title — $500 (annualized where frequency is stated in title).

  • $300 Annual Dining Credit

    $300/yr

    Get up to $150 in statement credits from January through June and again from July through December for a maximum of $300 annually for dining at restaurants that are part of the Sapphire Reserve Exclusive Tables program.

    How we value this

    Statement credit face value from issuer terms — $300/yr annual face value. Card-specific overrides recommended where amounts differ.

  • $300 Annual Travel Credit

    $300/yr

    Get the most flexible travel creditopens overlay compared to any other card, with up to $300 in statement credits for travel purchases each account anniversary year. Purchases that qualify will not earn points.

    How we value this

    Statement credit face value from issuer terms — $300/yr annual face value. Card-specific overrides recommended where amounts differ.

  • StubHub

    $300/yr

    Get up to $300 in annual statement credits on concert and event tickets purchased on StubHub and viagogo

    How we value this

    Statement credit face value from issuer terms — $300/yr annual face value.

  • $250 Shops at Chase credit

    $250/yr

    Get up to $250 in statement credits on purchases through The Shops at Chase after you spend $75,000 on your Sapphire Reserve card each calendar year.

    How we value this

    Statement credit face value from title — $250 (annualized where frequency is stated in title).

  • Apple TV+ and Apple Music

    $250/yr

    Complimentary subscriptions to Apple TV+* and Apple Music through June 22, 2027, a value of $250 annually.

    How we value this

    Statement credit face value from issuer terms — $250/yr annual face value.

  • Visa Infinite Concierge Services

    $150/yr

    Enjoy 24/7 personalized assistance for travel planning, dinner reservations, sports, entertainment tickets and more. Available 365 days a year from home or abroad.

    Visa Infinite®
    How we value this

    Premium concierge service — editorial expected value $150/yr (not lounge-access proxy).

  • $120 in Lyft credits

    $120/yr

    Get access to up to $10 in monthly in-app credits, up to $120 annually, to use on Lyft rides through September 30, 2027.

    How we value this

    Statement credit face value from issuer terms — $10/month × 12 = $120/yr.

  • Peleton

    $120/yr

    Get up to $120 in annual statement credits towards Peloton memberships, including All-Access Membership, App One, App+, Guide or Strength+

    How we value this

    Statement credit face value from issuer terms — $120/yr annual face value.

  • Chase Sapphire Reserve Lounge Network

    $99/yr

    Enjoy complimentary access to every Chase Sapphire Lounge by The Club with up to two guests, plus access to 1,300+ Priority Pass airport lounges worldwide. Also get access to select Air Canada Maple Leaf Lounges and Air Canada Cafés in the U.S., Canada and Europe with an eligible boarding pass.

    How we value this

    Lounge access valued at Priority Pass retail proxy ($99/yr).

  • Roadside Assistance

    $50/yr

    If you have a roadside emergency, you can call for a tow, battery assistance, tire change, locksmith or gas. You’re covered up to $50 per incident 4 times a year.

    How we value this

    Statement credit face value from issuer terms — $50/yr annual face value.

  • Trip Cancellation / Interruption

    $35/yr

    When you purchase your travel ticket with a covered Visa card and you must cancel or interrupt your trip, this benefit can help reimburse for the non-refundable cost of your passenger fare. This coverage applies to more than air travel. It also can be in place when a covered Visa card is used to purchase a ticket for travel via other forms of eligible transportation, such as a ferry, rail, bus or cruise ship.

    Visa Infinite®
    How we value this

    Conservative expected value for travel perks and fee credits.

Common questions about the Chase Sapphire Reserve Credit Card

Where do cardholders spend most with the Chase Sapphire Reserve Credit Card?

Madeen's RewardsCC catalog snapshot shows the strongest bonus categories on flights (4x), lodging (4x), coffee (3x) for the Chase Sapphire Reserve Credit Card. These are anonymized issuer category signals, not individual cardholder transactions. Route everyday spend through categories that match your habits, then compare effective rates with Madeen at checkout.

Does the Chase Sapphire Reserve Credit Card have an annual fee?

The Chase Sapphire Reserve Credit Card carries an annual fee of $795 in Madeen's catalog snapshot. Issuer terms can change, so confirm the current fee on the issuer's site before you apply. Madeen does not predict approval or prequalification.

What category earns the most with the Chase Sapphire Reserve Credit Card?

Travel is the strongest Madeen category for the Chase Sapphire Reserve Credit Card at about 4% effective value, based on our catalog snapshot and standard point valuations. Other categories are listed in the effective-rate table on this page.

Does the Chase Sapphire Reserve Credit Card charge foreign transaction fees?

The Chase Sapphire Reserve Credit Card does not charge a foreign transaction fee in Madeen's catalog snapshot, which can make it stronger for purchases outside the U.S. Issuer terms still control international acceptance and other fees.

What is the Chase Sapphire Reserve Credit Card welcome bonus?

The Chase Sapphire Reserve Credit Card welcome offer in our snapshot: Earn 100,000 points after you spend $6,000 in purchases in the first 3 months from account opening.. Minimum spend, eligibility, and offer windows are set by the issuer and can change.

Is the Chase Sapphire Reserve Credit Card annual fee worth it?

Whether the $795 annual fee pays off depends on how much you spend in travel and whether you use the card's benefits. Compare effective rates across the cards you already carry in Madeen.

Compare

How does the Chase Sapphire Reserve Credit Card compare to similar cards?

Compare the Chase Sapphire Reserve Credit Card against J.P. Morgan Reserve (4% on Travel, $795 fee); Sapphire Reserve for Business℠ Credit Card (4% on Travel, $795 fee); British Airways Visa Signature Credit Card (2.5% on Travel, $95 fee). Madeen ranks effective value by category and annual fee using the same catalog snapshot dated 2026-05-01.

CardTop categoryEffective valueAnnual fee
Chase Sapphire Reserve Credit Card
This card
Travel4%$795
Travel4%$795
Travel4%$795
Travel2.5%$95
Travel2.4%$450
Compare
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Reviewed by Madeen editorial review
Catalog snapshot 2026-05-01
Updated 2026-07-18
Data source Madeen catalog analysis

Chase and related product names are trademarks of their respective owners. Madeen is not affiliated with, sponsored by, endorsed by, or acting on behalf of Chase. Madeen is an independent credit-card comparison and education service. Issuer websites control current terms, fees, and eligibility.

Madeen compares cards you add to your wallet using published catalog rules — no bank login required. Issuer pages control current fees, caps, exclusions, and eligibility; Madeen does not issue cards, make approval decisions, or provide financial advice. Apply links are temporarily hidden on madeen.app. Affiliate disclosure

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