20 Facts About Chase Sapphire Reserve Credit Card

What is the Chase Sapphire Reserve Credit Card?

The Chase Sapphire Reserve is a premium travel rewards credit card that offers a variety of benefits. From earning points on travel and dining to exclusive access to airport lounges, this card is designed for those who love to explore the world.

1. Annual Fee: The card comes with a $550 annual fee. This might seem steep, but the benefits can outweigh the cost for frequent travelers.

2. Sign-Up Bonus: New cardholders can earn 60,000 bonus points after spending $4,000 on purchases in the first three months from account opening. These points can be worth up to $900 when redeemed through Chase Ultimate Rewards.

Travel Benefits

Travel enthusiasts will find the Chase Sapphire Reserve packed with perks that make every trip more enjoyable and cost-effective.

3. Travel Credit: Cardholders receive a $300 annual travel credit, which can be used for a wide range of travel expenses, including flights, hotels, and car rentals.

4. Priority Pass: Enjoy unlimited access to over 1,300 airport lounges worldwide with a complimentary Priority Pass Select membership.

5. Global Entry/TSA PreCheck: Get reimbursed for the application fee for Global Entry or TSA PreCheck, up to $100 every four years.

6. Travel Insurance: The card offers comprehensive travel insurance, including trip cancellation/interruption insurance, baggage delay insurance, and travel accident insurance.

Earning Points

The Chase Sapphire Reserve makes it easy to rack up points quickly, especially for those who spend a lot on travel and dining.

7. Points on Travel: Earn 3x points on travel immediately after earning your $300 travel credit.

8. Points on Dining: Earn 3x points on dining at restaurants, including eligible delivery services, takeout, and dining out.

9. Points on Other Purchases: Earn 1x point per dollar spent on all other purchases.

Redeeming Points

Redeeming points with the Chase Sapphire Reserve is flexible and can provide significant value.

10. Chase Ultimate Rewards: Points are worth 50% more when redeemed for travel through the Chase Ultimate Rewards portal.

11. Transfer Partners: Transfer points at a 1:1 ratio to leading airline and hotel loyalty programs, including United MileagePlus, Southwest Rapid Rewards, and Marriott Bonvoy.

12. Pay Yourself Back: Use points to cover purchases in select categories, such as grocery stores, dining, and home improvement stores, at a rate of 1.5 cents per point.

Additional Perks

Beyond travel and points, the Chase Sapphire Reserve offers several other valuable benefits.

13. Luxury Hotel & Resort Collection: Enjoy special benefits at over 1,000 luxury hotels and resorts worldwide, including room upgrades, early check-in, late checkout, and daily breakfast for two.

14. DoorDash Benefits: Get up to $60 in DoorDash credits each year and a complimentary DashPass membership for at least one year, which offers reduced service fees and free delivery on orders over $12.

15. Lyft Benefits: Earn 10x points on Lyft rides through March 2025 and receive a complimentary Lyft Pink membership for one year, which includes 15% off car rides, priority airport pickups, and more.

Security and Protection

The Chase Sapphire Reserve also prioritizes cardholder security and protection.

16. Purchase Protection: Covers new purchases for 120 days against damage or theft, up to $10,000 per claim and $50,000 per year.

17. Extended Warranty: Extends the time period of the U.S. manufacturer's warranty by an additional year on eligible warranties of three years or less.

18. Return Protection: If a retailer won't accept a return within 90 days of purchase, you can be reimbursed up to $500 per item, up to $1,000 per year.

19. Fraud Protection: Zero Liability Protection means you won't be held responsible for unauthorized charges made with your card or account information.

20. 24/7 Customer Service: Access to dedicated customer service representatives anytime, anywhere, for assistance with your account or travel plans.

Your Next Steps with Chase Sapphire Reserve

Ready to make the most of your travel experiences? The Chase Sapphire Reserve card offers a ton of perks that can elevate your adventures. From 3x points on travel and dining to the $300 annual travel credit, it’s a game-changer for frequent travelers. Don’t forget about the Priority Pass Select membership for lounge access and the Global Entry/TSA PreCheck fee credit to breeze through security.

If you’re looking to maximize rewards, the 50,000-point sign-up bonus after spending $4,000 in the first three months is a great start. Plus, with no foreign transaction fees, you can use your card abroad without worrying about extra costs.

Consider your travel habits and spending patterns. If they align with the benefits offered, the Chase Sapphire Reserve could be your ticket to more rewarding journeys. Happy travels!