The Chase Sapphire Reserve annual fee is $550 per year. Chase Sapphire Reserve’s $550 annual fee is higher than the average annual fee among new credit card offers right now. It’s not the only fee you need to worry about with the Chase Sapphire Reserve® Card, either.
Chase Sapphire Reserve Fees
Annual Fee: $550
Cash Advance Fee: Either $10 or 5% of the amount of each transaction, whichever is greater.
Foreign Fee: $0
Balance Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater.
The best Chase Sapphire Reserve card benefits are airport-lounge access and up to $300 in annual travel credit. The Chase Sapphire Reserve® card also has auto rental collision damage waiver and purchase protection, which are more common perks across Chase credit cards.
It generally takes 7-10 business days to get approved for the Chase Sapphire Reserve credit card. Some Chase Sapphire Reserve applicants may get approved instantly after applying online, if they are a clear match for the card’s approval requirements. In some cases, however, it can take Chase up to 30 days to make a ruling.
Here’s the Chase Sapphire Reserve approval timetable:
Instant Decision Possible. When you apply for Chase Sapphire Reserve online, you could find out whether you’re approved...
Yes, you do get bonus points for Chase Sapphire Reserve gas purchases. More specifically, gas purchases count towards the card’s spending requirement for the 60,000 points bonus. In addition, you’ll also earn the standard 1 point / $1 spent on gas purchases.
Here’s what Chase Sapphire Reserve gas purchases get you:
Initial spending bonus: You get 60,000 points for spending $4,000 (gas purchases included) in the first 3 months of account opening.
1 point / $1 spent: Gas purchases, along with any purchase outside...
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.