The Chase Sapphire Reserve bonus categories are travel and dining, and you get 3 points per $1 spent on those things. Chase Sapphire Reserve’s travel bonus category includes everything from airfare and hotel rooms to taxis and tolls. Dining is a little more limited. It’s restricted to places where the primary business is sit-down dining. So the little restaurant in your local department store isn’t covered, for example.
There are also two other types of Chase Sapphire Reserve bonuses: 1) 50,000 points for spending $4,000 in the first 3 months your account is open and 2) a yearly travel credit of up to $300.
Sapphire Reserve reward points are worth 1.5 cents each when you use them to book travel through Chase Ultimate Rewards. So that’s 4.5 cents (1.5 x 3) for every $1 you spend on Chase Sapphire Reserve bonus categories.
Here are the Chase Sapphire Reserve bonus categories & other bonuses:
3 points per $1 spent on travel: Airfare, hotel reservations, discount travel sites, car rentals, taxi fares, Uber/Lyft, Airbnb, toll booths and more.
3 points per $1 spent on dining: Sit-down and eat-in dining establishments, including fast food restaurants. Places that sell food located within larger stores don’t count.
$300 Annual Travel Credit: Automatically reimburses your first $300 in travel purchases each year (every 12 months from when you open the account).
50,000 bonus points for spending $4,000 in 3 months: Purchases can be in any category. Bonus worth $750 in Chase travel.
The Chase Sapphire Reserve bonus categories provide a lot of value. But the card comes with a $450 annual fee. That can be hard to justify if you don’t spend or travel a ton.
For occasional travelers, Chase Sapphire Preferred, Capital One Venture, and Barclaycard Arrival Plus are better options. All three offer at least 50,000 bonus points or miles at a fraction of Reserve’s price.