The Sapphire Reserve is a premium travel card that rewards heavy travelers: 8 points per dollar on Chase Travel, 4 points on hotels and flights booked directly, and 3 points on dining, with a 100,000-point bonus after $6,000 in spend over three months. The $795 annual fee is the central tradeoff, and offsetting it means using a long list of credits: $300 for travel, up to $500 through The Edit, up to $300 for Sapphire Exclusive Tables dining, up to $300 at StubHub, and monthly DoorDash, Lyft, and Peloton credits. Many of those are split semiannually, tied to specific merchants, or require enrollment, so their real value depends on whether they match how you already spend. Sapphire Lounge and Priority Pass access, primary rental car coverage, and no foreign transaction fee make the travel side strong. Everything outside the bonus categories earns just 1 point per dollar, so if you won't use most of the credits, a cheaper mid-tier travel card is the better fit.
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.