Chase Sapphire Reserve® Review: Worth It?

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The card_name is a premium travel rewards card offering a $300 travel credit, airport lounge access, 3x points on travel and dining, and great travel protections.

This credit card review will cover everything you need to know about this card to determine if you should add this card or a different card to your wallet. Let’s dive right in.


  • bonus_miles_full
  • $300 Annual Travel Credit
  • 10x Points on Hotels and Rental Cars and 5x Points on Flights Booked Through Chase Ultimate Rewards
  • 3x Points on Dining, Takeout, & Eligible Food Delivery
  • 50% More Redemption Value
  • Priority Pass Airport Lounge Access
  • Trip Delay and Trip Cancellation Insurance
  • Primary Rental Car Insurance
  • $550 Annual Fee

Click Here to Learn How to Apply

Welcome Bonus

The Chase Sapphire Reserve currently offers the following welcome bonus:


Earning Points

The card_name offers bonus points in the following categories:

  • 10 points per dollar on hotels and car rentals purchased through Chase Travel.
  • 10 points per dollar on dining purchases through Chase Ultimate Rewards.
  • 10 points per dollar on Lyft rides (through March 31, 2025).
  • 10 points per dollar on Peloton equipment and accessory purchases (through March 31, 2025) of $150 or more, with a maximum of 50,000 points.
  • 5 points per dollar on flights purchased through Chase Travel.
  • 3 points per dollar on all other travel (excluding the $300 travel credit).
  • 3 points per dollar on dining purchases worldwide.
  • 1 point per dollar on all other eligible spending.

Annual Fee

The card_name  has an annual fee of $550, which is higher than many other credit cards.

However, the card offers a $300 annual travel credit, effectively reducing the annual fee to $250. The airport lounge access, fee credits, and travel and purchase protections can offset the remaining annual fee.

Sapphire Reserve Benefits

The Chase Sapphire Reserve offers the following benefits:

$300 Annual Travel Credit: This travel credit is super easy to use and covers anything travel-related including airfare, hotels, Airbnbs, ride-sharing, etc. 

Priority Pass: Receive a Priority Pass membership, which gets you unlimited visits to over 1,300 airport lounges worldwide. Plus, the Chase Sapphire Reserve also gets you access to Priority Pass Restaurants, unlike many other premium cards.

Global Entry / TSA PreCheck / Nexus Credit: This card offers a credit for either TSA PreCheck (expedited airport security), Global Entry (expedited airport security and customs), or NEXUS (expedited crossing between US and Canada).

Lyft Pink Membership: Receive a complimentary 2-year Lyft Pink All Access membership, including member-exclusive pricing and benefits – activate by Dec 31, 2024. Membership auto renews annually.

DashPass: Get complimentary access to DashPass – a membership for both DoorDash and Caviar – which unlocks $0 delivery fees and lower service fees on eligible orders for a minimum of one year when you activate by December 31, 2024. Plus, with DashPass you also get $5 in DoorDash credits each month, redeemed at checkout.

No Foreign Transaction Fees: You can make international purchases with your card without paying an extra fee of around 3%.

Trip Delay Insurance will reimburse any eligible expenses you incur as a result of your trip being delayed.

Trip Cancellation and Interruption Insurance reimburses you for non-refundable expenses if your trip is interrupted or canceled for a covered reason when you pay for your travel expenses with this card.

Primary Rental Car Insurance steps in as the primary coverage for any damage or theft of a rental vehicle paid for with this card without needing to use your own auto insurance.

Lost Luggage Reimbursement covers the cost to repair or replace your luggage, and the personal belongings contained within if your bag is lost or damaged during a covered trip.

Baggage Delay Insurance can reimburse you for the cost of necessary personal and business items while waiting for your checked bag when it’s delayed by a common carrier.

Roadside Dispatch is a pay-per-use roadside assistance program available to eligible credit cardholders, providing services such as towing, tire changes, fuel delivery, and lockout assistance.

Purchase Protection covers eligible purchases against accidental damage or theft for up to 120 days for purchases this card.

Extended Warranty coverage adds up to an additional year of coverage for eligible purchases on manufacturer’s warranties up to 3 years.

Return Protection allows cardholders to receive a refund for purchased items within a certain timeframe for items that merchants may not accept for return.

Redeeming Points

The Chase Sapphire Reserve earns Ultimate Rewards points.

You can use your points to book flights, hotel stays, and even rent a car through Chase Travel — all at a fixed rate of 1.5 cents per point. For example, 100,000 points are equivalent to $1,500 towards travel. 

This rate is higher than Chase’s other cards, such as the Chase Sapphire Preferred® Card (review) at 1.25 cents per point, and the Chase Freedom Flex℠ (review) and Chase Freedom Unlimited® (review) with a redemption value of 1.0 cents per point.

You can also get even more value when you transfer to Chase’s airline and hotel transfer partners listed below:

Chase Ultimate Rewards Transfer Partners [1 to 1]
Aer Lingus Aer Lingus Air Canada Air Canada Aeroplan
British Airways British Airways Emirates logo Emirates
Air France Air France/KLM World of Hyatt Hyatt Hotels
Iberia logo Iberia IHG Hotels IHG Hotels
JetBlue JetBlue Marriott Hotels Marriott
Singapore Airlines Singapore Southwest Airlines Southwest
United Airlines logo United Virgin Atlantic logo Virgin Atlantic

Pros and Cons of the Chase Sapphire Reserve

Here’s a quick overview of this card’s advantages and disadvantages:


  • Very easy to use $300 travel credit.
  • Ability to cash out Ultimate Rewards at 1.5 cents per point.
  • Priority Pass airport lounge access.
  • Great trip and purchase protections.


Alternatives to the Chase Sapphire Reserve

Now that you know about the pros and cons of this card and its benefits, it’s time to review the alternatives.

Or, if you are like me, who loves to maximize my rewards, here are other cards you should add to your wallet in addition to this card: 

Capital One Venture X Rewards Credit Card
  • bonus_miles_full
  • $300 Annual Credit for Bookings through Capital One Travel
  • 10,000 Miles for Each Account Anniversary
  • Hertz President’s Circle Elite Status
  • Airport Lounge Access (Priority Pass, Capital One, & Plaza Premium)
  • 10X Miles on Hotels and Rental Cars, and 5x Miles on Flights Booked with Capital One Travel
  • 2X Miles on All Other purchases
  • $395 Annual Fee
Learn More Our Review

The Capital One Venture X Rewards Credit Card (review) is a premium travel rewards card that’s perfect for travelers who want outstanding travel perks like annual travel credits, worldwide airport lounge access, and travel and purchase protections. 

The Venture X earns 2x miles on all purchases helping you maximize every dollar of your spending. Plus, you can earn 10x miles on hotels and rental cars, and 5x miles on flights booked through Capital One.

The card has a $395 annual fee, completely offset by a $300 annual credit for bookings through Capital One Travel, and 10,000 points (worth at least $100) for each account anniversary.

Plus, you get airport lounge access via Priority Pass, Capital One, and Plaza Premium Lounges, Hertz President’s Circle elite status, Global Entry or TSA PreCheck credit, rental car insurance, trip and luggage insurance, cell phone insurance, and purchase protection.

Best Starter Travel Card
Chase Sapphire Preferred® Card
  • bonus_miles_full
  • 5x Points on Travel Booked Via Chase
  • 3x Points on Dining and Eligible Delivery Services
  • 2x Points on All Other Travel Purchases
  • 10% Anniversary Points Boost
  • Trip Delay and Trip Cancellation Insurance
  • Primary Rental Car Insurance
  • $95 Annual Fee

Click Here to Learn How to Apply

The Chase Sapphire Preferred® Card (review) is one of the best rewards cards for travelers who want solid earning rates for travel and dining expenses. 

For only $95 per year, this card earns 5x Chase Ultimate Rewards points on travel booked through the Chase Ultimate Rewards portal, 3x points on dining, online groceries, and streaming services, and 2x on all other travel purchases

Cardholders will also get a 10% anniversary points bonus, a 12-month DoorDash DashPass subscription when activated by December 31, 2024, and a $50 anniversary hotel statement credit. 

Plus, it provides extensive travel protections, including trip delay, primary rental car, baggage, and purchase protection plans. 

Airport Lounge Access
The Platinum Card® from American Express
Learn How to Apply Our Review
American Express is a Deals Points Advertiser; Terms Apply. Enrollment is required for some benefits.

The Platinum Card® from American Express (review) is a great premium travel rewards card for travelers who want airport lounge access, including Centurion Lounges, Delta Sky Clubs (when flying Delta), Escape Lounges, Priority Pass lounges.

The American Express Platinum has a $695 annual fee, but you receive many annual statement credits when you enroll your card to offset the fee, including:

  • $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Card.
  • $200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.
  • $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Disney+, ESPN+, Hulu, The New York Times, Peacock, SiriusXM, and The Wall Street Journal. Enrollment required.
  • $200 Uber Cash Credit: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Benefit renews annually.
  • $155 Walmart+ Credit: Use your Platinum Card® to pay for a monthly Walmart+ membership (subject to auto-renewal) and receive a statement credit that covers the full cost each month.
  • $189 CLEAR® Plus Credit: Breeze through security with CLEAR® Plus at 45+ airports nationwide and get up to $189 back per year on your membership (subject to auto-renewal) when you use your Platinum Card®.

You also earn 5x Membership Rewards points when booking flights directly with airlines or with American Express Travel (up to $500,000 in purchases per calendar year) and 5x Membership Rewards points when booking prepaid hotels with American Express Travel. 

On top of that, you automatically earn Marriott Bonvoy Gold Elite and Hilton Honors Gold statuses, which offer points bonuses, room upgrades, late check-out, and other premier benefits. 

Is the Sapphire Reserve Worth It?

Yes, the card_name is worth it if take advantage of the Priority Pass membership, 3x points on dining and travel, travel protections, and the ability to cash out points at 1.5 cents per point.


  • bonus_miles_full
  • $300 Annual Travel Credit
  • 10x Points on Hotels and Rental Cars and 5x Points on Flights Booked Through Chase Ultimate Rewards
  • 3x Points on Dining, Takeout, & Eligible Food Delivery
  • 50% More Redemption Value
  • Priority Pass Airport Lounge Access
  • Trip Delay and Trip Cancellation Insurance
  • Primary Rental Car Insurance
  • $550 Annual Fee

Click Here to Learn How to Apply

For rates and fees of The Platinum Card® from American Express, please click here.

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