Chase Sapphire Reserve
Visa travel card with a $795 annual fee. Earns 8x on travel booked through Chase Travel, 4x on flights booked directly with airlines, 4x on hotels booked directly.
Terms read from Chase's page on October 16, 2026. Rates and terms are set by the issuer and may change. We don't estimate approval odds.
Fees and rates
- Annual fee
- $795
- Additional card
- $195
- Foreign transaction fee
- None
Rewards
- 8x on travel booked through Chase Travel
- 4x on flights booked directly with airlines
- 4x on hotels booked directly
- 3x on dining
- 1x on everything else
Earns Chase Ultimate Rewards (Sapphire and Ink Preferred), valued at 1 cents as cash, 1 through the issuer's travel booking and 2.05 with transfer partners.
Credits, as counted
- Annual travel credit: $300 a year100% used
- The Edit hotel credit ($250 a booking, twice a year): $500 a year30% used
- OpenTable dining credit ($150 twice a year): $300 a year50% used
- StubHub credit ($150 twice a year, through 2027): $300 a year30% used
- DoorDash promos (up to $35 a month): $35 a month30% used
- Lyft credit: $10 a month30% used
- Peloton credit: $10 a month10% used
- Global Entry or TSA PreCheck fee credit: $120 every 4 years80% used
Perks, not valued
- Priority Pass and Sapphire lounge access
- Apple TV+ and Apple Music subscriptions
- Points Boost: up to 2 cents a point on selected Chase Travel bookings
- Trip and car rental insurance
Worked examples
Value on each spending preset, points redeemed as cash, typical use of credits.
| Spending | Year 1 | Year 2+ | 3 years | Break-even |
|---|---|---|---|---|
| Student | $258 | $258 | $774 | Month 10 |
| Family | $1,681 | $681 | $3,043 | Month 2 |
| Frequent traveller | $2,063 | $1,063 | $4,188 | Month 2 |
Frequently asked questions
Is the Chase Sapphire Reserve worth it?
On a family's spending ($3,350 a month, points as cash), it's worth $1,681 in year 1 and $681 a year after that, after a $795 annual fee. It pays for its fee by month 2.
What is the Chase Sapphire Reserve welcome bonus?
100,000 points after $6,000 in purchases in the first 3 months.
Does the Chase Sapphire Reserve charge foreign transaction fees?
No. It charges no foreign transaction fee.
What isn't counted in its value?
Credits are valued at partial use by default; most cardholders don't use every one. Set your own use with the credit slider.
Sources
Estimates for information only; not tax, legal or financial advice. See our methodology.