The Sapphire Reserve is a luxury travel card, earning 8 points per dollar on Chase Travel bookings, 4 on hotels and flights booked directly, and 3 on dining, with a 100,000 point bonus after $6,000 in spending in the first 3 months. Lounge access is a highlight, covering Chase Sapphire Lounges, Priority Pass Select, and select Air Canada lounges, which is why it earns our best for luxury travelers spot. The catch is the $795 annual fee, which you only recover by working through a stack of credits: $300 in automatic travel credit, up to $500 for prepaid stays through The Edit, $300 at Sapphire Exclusive Tables restaurants, $300 for StubHub, and monthly DoorDash and Lyft credits. Several of those are split into semiannual or monthly pieces tied to specific merchants, so they reward diligent tracking more than casual use. Everything outside the bonus categories earns just 1 point per dollar, so this card pays off for frequent travelers who will actually use the perks, not as an everyday spender.
Earn rates & credits
| Category | Rate |
|---|---|
Sporting Goods Stores Eligible Peloton equipment and accessory purchases over $150, on up to $5,000 in purchases, through December 31, 2027 (limited-time promo) Through Dec 31, 2027 | 10x |
Travel (via Portal) | 8x |
Transit On Lyft rides through September 30, 2027 (limited-time promo) Through Sep 30, 2027 | 5x |
Hotels Hotels booked directly | 4x |
Airlines Flights booked directly with airlines | 4x |
Dining | 3x |
Everything Else | 1x |
| Benefit | Value |
|---|---|
Annual Travel Credit Automatic statement credit for travel purchases | $300 /yr |
The Edit Credit Up to $250 biannually for prepaid bookings made through The Edit by Chase Travel | $250 / 6 mo |
Global Entry / TSA PreCheck Credit Up to $120 statement credit for Global Entry, TSA PreCheck, or NEXUS application fees | $120 every 4 yr |
Dining Credit Up to $150 in statement credits from January–June and July–December for dining at Sapphire Exclusive Tables restaurants on OpenTable, maximum $300 annually. | $300 /yr |
Apple TV & Apple Music Complimentary Apple TV (streaming home of Apple Originals) and Apple Music through June 22, 2027. | $288 every 3 yr |
DashPass Membership Complimentary DashPass membership for 12 months ($0 delivery fees and reduced service fees on eligible DoorDash orders) when activated by December 31, 2027. | $120 /yr |
DoorDash Promos Up to $35 per month beginning October 1, 2026 (one $15 promo good on any eligible DoorDash order, restaurant or not, plus two $10 grocery/retail promos) to spend on DoorDash through December 31, 2029. | $420 /yr |
StubHub Credits Up to $150 in statement credits from January–June and July–December for StubHub and viagogo purchases, maximum $300 annually through December 31, 2027. | $300 /yr |
Lyft Credits Up to $10 in monthly in-app credits for Lyft rides through September 30, 2027. | $120 /yr |
Peloton Credits Up to $10 in statement credits per month on eligible Peloton memberships, maximum $120 annually through December 31, 2027. | $120 /yr |
| Total annual credits | $2,306 |
Card details
Regular APR | 19.49%–27.99% variable |
Foreign transaction fee | None |
Approval odds
Product changes
Where cardholders came from before landing on this card, and what they moved it to afterwards. Thicker flows carry a larger share of the changes in that direction.
Chase Sapphire Reserve
Chase Sapphire ReserveBased on 11 reported product changes. Percentages are shares of each direction, not of all cardholders, and a small sample can swing a long way.