Chase Sapphire Reserve's car rental benefits include $75,000 in rental car insurance plus free upgrades and discounts from National Car Rental, Avis, and Silvercar. Sapphire Reserve also gives 3 points per $1 spent on car rentals and other travel-related purchases. It is one of the best credit cards for car rentals as a result.
Chase Sapphire Reserve Car Rental Benefits:
Rental car insurance. You get complimentary coverage for damage to or theft of rental cars. Chase will pay up to $75,000 per incident. To get this benefit, just pay for the entire rental with your Reserve card or Chase Ultimate Rewards points, and then decline the rental agency’s insurance.
Beware restrictions, though. For example, coverage doesn’t apply to antique vehicles, trucks or motorcycles. And you won’t be reimbursed for off-road or drunk driving, among other illegal situations. Be sure to read your benefits guide for the full details.
Special deals at agencies. National Car Rental, Avis, and Silvercar all offer special privileges to customers who rent using a Chase Sapphire Reserve Card. Log in to your Chase Ultimate Rewards account, then click the “Travel Benefits” page and find the “Special Car Rental Privileges” section. You might get free car upgrades, discounts on rentals and other promotional offers.
3 points per $1 spent. These points are worth 1.5 cents each toward travel when you redeem through Chase Ultimate Rewards.
$300 travel credit. Chase reimburses your first $300 in travel costs per year, including money you spend at car rental agencies.
Altogether, the Chase Sapphire Reserve car rental benefits help you earn more points, save money with special deals and protect your finances with insurance. And they come at no extra cost.
But whether these benefits and the rest of Chase Sapphire Reserve’s perks are worth the card’s $550 annual fee is the real question. The much cheaper Sapphire Preferred card has the same insurance coverage but only gives 2 points per $1 on travel and lacks a travel credit. It costs $95 per year.