Chase Sapphire Reserve Credit Card Review

The Chase Sapphire Reserve is one of the best credit cards to get if you travel at least a few times per year.

The Sapphire Reserve has an annual fee of $550 per year, but it offers a ton of benefits to justify that fee. 

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4.5/5
Chase Sapphire Reserve Credit Card

Sapphire Reserve Information

Application Link: Chase Sapphire Reserve.

Current Sign Up Bonus: 50,000 Ultimate Rewards points.

Recommended Bonus: At least 50,000 Ultimate Rewards points.

Annual Fee: $550.

Earning Rewards:

  • 3x points on travel.
  • 3x points on dining.
  • 1x points everywhere else.
Recommended Reading: Chase 5/24 Rule and Check Your Application Status.

Sapphire Reserve BenefitsBenefits

The Sapphire Reserve comes with many great benefits and protections that help justify its large annual fee. 

$300 Travel Credit

This travel credit is super easy to use and covers anything travel-related including airfare, hotels, Airbnbs, ride-sharing, etc. 

Priority Pass Membership

Priority Pass is an airport lounge membership with 1,400+ locations all around the world. The Sapphire Reserve’s version of Priority Pass, unlike the American Express version, also gets you access to Priority Pass Restaurants, which can be a great deal considering you typically get a $28 credit plus $28 for each guest (up to 2 guests). 

We mapped out almost all of the Priority Pass locations if you want to see if the airports you visit offer Priority Pass. Some lounges even offer showers, which is a nice perk after a long flight. 

DoorDash $60 Credit Plus DashPass

DoorDash’s DashPass normally costs $9.99 per month and waives delivery fees on most restaurants. DashPass offers reduced service fees on orders above $12.

Sapphire Reserve cardholders also get a $60 DoorDash credit in 2020, and a $60 Doordash credit in 2021.

Lyft Pink Membership

The Sapphire Reserve card gets you a free membership to Lyft Pink, which typically costs $19.99 per month. 

The benefits of Lyft Pink are: 

  • 15% off car rides.
  • Priority airport pickups.
  • 3 free cancellations within 15 minutes per month.
  • Waived lost and found fees.
  • 3 free 30-minute bike or scooter rentals per month. 

Trip Delay Insurance

This is an extremely valuable benefit when you miss your connecting flight, your flight is canceled, or severely delayed.

Chase will reimburse you $500 per covered person if your flight is delayed by 6-hours or overnight. Chase even covers delays due to weather, which airlines do not!

I’ve used this benefit several times especially when connecting through cities that experience winter weather or frequent delays.

For example, Chase reimbursed me $600 when my fiancee and I missed our connecting flight due to a snow delay at Chicago-O’Hare.

While other travelers were freaking out the situation, we got reimbursed by Chase for a very nice hotel in downtown Chicago, our Ubers around Chicago, and several nice meals.

Global Entry/TSA PreCheck Credit

The Sapphire Reserve will cover your Global Entry or TSA Pre-Check fee. If you already have either of them, you could always use the card to buy a friend or family member it as well. 

Primary Rental Car Insuance

Primary Rental Car insurance covers any damage to the rental car when you pay using the Sapphire Reserve card. 

So if you back your rental car into a pole, the Sapphire Reserve pays rather than you or your insurance. 

Roadside Assistance

If you have a roadside emergency, you can call for a tow, jumpstart, tire change, locksmith or gas. You’re covered up to $50 per incident 4 times a year. AAA charges between $50-90 annually for a similar service.

Lost Luggage Reimbursement

If you or an immediate family member check or carry on luggage that is damaged or lost by the carrier, you’re covered up to $3,000 per passenger.

Baggage Delay Insurance

This reimburses you essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier up to $100 a day for 5 days.

Trip Cancellation Insurance

This benefit will reimburse any trip-related expenses due to an unforeseen event that prevents travel.

For example, one of my family members tore a tendon that required surgery a week before a major trip. Chase reimbursed over $2,000 in flights, hotels, and other expenses due to the injury. 

Purchase Protection

This benefit covers new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per year.

A good example of this benefit would be if your new laptop or phone is stolen or damaged in the first 120 days, Chase would reimburse you for the item.

Extended Warranty

This benefit extends the manufacturer’s warranty by an additional year.

Return Protection

You can be reimbursed for eligible items that the store won’t take back within 90 days of purchase, up to $500 per item, $1,000 per year.

No Foreign Transaction Fees

You can use your Chase Sapphire Reserve Card anywhere in the world without having to pay foreign transaction fees, which are typically 3%. 

Medical Evacuation Insurance

If you or a member of your immediate family are injured or become sick during a trip far from home that results in an emergency evacuation, you can be covered for medical services and transportation up to $100,000.

Luxury Hotel and Resort Collection

You can get free room upgrades, meals, early/late check-in, and extra amenities by booking via Chase’s Luxury Hotel & Resort Collection.

Benefits at Relias & Chateaux Hotels

Cardholders get a room upgrade, VIP welcome, and free breakfast at the 500+ Relias & Chateaux Hotels worldwide.

Emergency Medical and Dental Coverage

If you’re 100 miles or more from home on a trip, you can be reimbursed up to $2,500 for medical expenses if you or your immediate family member become sick or injured.

Frequently Asked Questions

Yes. You will be auto denied for the Chase Sapphire Reserve if you have opened 5 or more personal credit cards in the past 24 months due to Chase's 5/24 Rule.

The following purchases generally qualify as dining: 

  • Bars
  • Cafes
  • Coffee shops
  • Fast food restaurants
  • Restaurant delivery services (e.g. UberEats or DoorDash)
  • Restaurants
  • Vending machines.

However, the following purchases do not generally qualify as dining: Amazon Restaurants, Bakeries, Grocery stores, and Meal kit subscriptions.

Authorized users of the Sapphire Reserve get all of the benefits with the exception of the $300 travel credit and Global Entry credit.

The annual fee for authorized users is $75. 

Yes. Chase will generally let you upgrade a Sapphire Preferred to a Sapphire Reserve after 12 months.

Other Ultimate Rewards cards may be able to be upgraded after 12 months by calling Chase.

The $300 annual travel credit for the Sapphire Reserve resets every account anniversary rather than per calendar year. So if you were approved on May 15th, your travel credit will reset on or around May 15th.

When you login to the Ultimate Rewards website, you should see the travel credit.

Yes. If you have another Ultimate Rewards card such as the Chase Freedom Unlimited, you can pool the points. This can be a valuable perk because the Freedom Unlimited can only redeem via the Chase Travel Portal for 1.0 cent per point, whereas the Sapphire Reserve can redeem at 1.5 cents per point.

The Sapphire Reserve and the Chase Freedom Unlimited are a good combo since the Freedom Unlimited earns 1.5 points per dollar on all purchases, whereas the Sapphire Reserve only earns 1 point per dollar on non-travel or restaurant purchases. (So you would use the Reserve on travel and dining purchases and Freedom Unlimited on your other spending).