What are the best Chase Sapphire Reserve deals?

No, you cannot get the Chase Sapphire Reserve 100k bonus anymore, as it was a limited-time promotion that ran from August 2016 through March 2017. The card now offers a bonus of 60,000 bonus points for spending $4,000 in the first 3 months. That’s still one of the biggest credit card bonuses on the market, though. It also helps offset Chase Sapphire Reserve’s $550 annual fee.... read full answer

So, at the end of the day, the Chase Sapphire Reserve’s 100k bonus is no longer available because it was never supposed to be permanent. It was the equivalent of 35% cash back, and that’s just not sustainable. Chase offered it to build some buzz for the new Chase Sapphire Reserve Card when it was introduced. Since that seems to have worked, they retired that promotion.

Chase Sapphire Reserve Rewards and Perks

All in all, Chase Sapphire Reserve is an elite travel rewards credit card that’s worth it for big-spenders with a credit score of 750+.

Yes, Chase Sapphire Reserve is worth its $550 annual fee if you spend at least $4,000 in the first 3 months and qualify for the card’s initial bonus of 60,000 points. Frequent travelers will also get a lot of value out of Chase Sapphire Reserve because it comes with a $300 annual travel credit and good ongoing rewards.... read full answer

Chase Sapphire Reserve Worth: Key Considerations

• You earn 1 - 10 points / $1 spent on purchases, including 10 points / $1 spent on select travel expenses.
• You’ll have an opportunity to earn an initial bonus of 60,000 bonus points for spending $4,000 in the first 3 months.
• Chase Ultimate Rewards Reserved points are worth 50% more than usual when you redeem them for travel through Chase Ultimate Rewards Reserved.
• There are several types of travel insurance, including a $1 million benefit for serious injury or death.
• You get a Priority Pass Select airport lounge membership that would usually cost $429 a year.
• You’ll receive a $300 travel credit each account anniversary year.

Tips for Getting the Most Out of Chase Sapphire Reserve

Chase Sapphire Reserve’s attractive features are only worth it if you travel frequently and have the excellent credit needed to get approved. You’ll also need to earn enough rewards – or utilize enough of the card’s other perks – to make it worth owning.

For example, if you make the most of the Priority Pass membership ($429 annual value), along with the $300 annual travel credit, you’d recoup the entire annual fee. That shouldn’t be hard for frequent travelers to do every year. And the more benefits you take advantage of, the less you need to spend to break even.

Finally, in order for Chase Sapphire Reserve to be worth it, it’s important to pay the bill in full each month. Otherwise, you’ll end up paying a 21.49% - 28.49% (V) interest rate on the unpaid balance, which will decrease the overall value of the card’s perks and rewards.

More moderate spenders looking for a travel rewards card without the huge annual fee should check out our editors’ picks for the best travel rewards credit cards to help narrow the search.

You have to spend $4,000 in the first 3 months on Chase Sapphire Reserve to break even; by doing so, you earn the card’s initial bonus of 60,000 points. That will more than offset the card’s $550 annual fee for the year.

To break even on Chase Sapphire Reserve without taking into account the card’s initial bonus or other big benefits, you would need to spend approximately $18,333 per year (an average of $1527 per month) on travel and dining or $55,000 on non-travel/dining purchases. But the amount you need to spend becomes much less daunting when you realize all of the free perks the card gives.... read full answer

Here are some benefits to help you break even with Chase Sapphire Reserve:

• Annual travel credit: $300 value
• Priority Pass Select airport lounge membership: $429 value
• TSA Precheck or Global Entry application fee credit: $85 or $100 value every four years, respectively
• Special privileges with National Car Rental, Avis, and Silvercar: value varies

If you take advantage of all the Chase Sapphire Reserve benefits, that’s well over $700 in value per year (over $1,000 for the first year), which lets you make money on the card, rather than simply breaking even. In fact, you wouldn’t even need to make any purchases other than those required to receive the benefits.

However, this card is great for big spenders. It offers a total of 10 points per $1 spent on hotels and car rentals booked through Chase, a total of 10 points per $1 spent on prepaid restaurant reservations or takeout orders made through Chase, a total of 5 points per $1 spent on flights purchased through Chase, 3 points per $1 spent on all other travel and dining purchases, and 1 point per $1 on all other purchases.