The best Chase Sapphire Reserve Hilton benefit is 3 reward points per $1 spent on Hilton hotel stays. If booked through Chase, that earning rate jumps to 10 points per $1. Points redeemed for Hilton hotel bookings through the Ultimate Rewards website are also worth 50% more than normal, or 1.5 cents each. However, both of these perks work with any travel provider. Chase Sapphire Reserve does not offer any benefits that are specific to Hilton hotels. It’s also worth noting that Hilton Honors is not one of the hotel loyalty programs to which cardholders can transfer Ultimate Rewards points.
Still, you can take advantage of at least one other big Chase Sapphire Reserve travel benefit when staying at Hilton hotels. The card comes with a $300 annual travel credit, which you can apply toward your Hilton hotel expenses, including the cost of the room, up to the $300 maximum every 12 months. The travel credit will offset part of Sapphire Reserve’s huge $550 annual fee, but you won’t earn reward points on any hotel expenses covered by it.
The top Chase Sapphire Reserve hotel benefits start with 10 points / $1 you spend on hotel bookings booked through Chase (3 points / $1 otherwise). Chase Sapphire Reserve cardholders also receive special perks at the 1000+ properties in the Chase Luxury Hotel & Resort Collection (LHRC). For example, you get free breakfast as well as room upgrades when available. Some hotels may give you a spa credit or golf passes, too. But you have to book through … read full answerLHRCollection.com to enjoy those particular perks.
Here are the top Chase Sapphire Reserve hotel benefits:
10 points / $1 on any hotel booking made through Chase Ultimate Rewards (3 points / $1 otherwise).
$300 annual travel credit, which will automatically apply to hotel reservations, airfare, etc.
The points you’ll earn are worth 50% more when redeemed for travel, including hotel reservations, through Chase Ultimate Rewards.
1:1 point transfer to leading airline and hotel loyalty programs
Complimentary breakfast for you and a guest when you stay somewhere in the Luxury Hotel & Resort Collection. The options vary depending on the hotel, so your concierge will give you the specifics at check-in.
Free Wi-Fi at LHRC properties.
Early check-in and late check-out for LHRC reservations.
Those are the consistent Chase Sapphire Reserve hotel benefits. Each property in the Luxury Hotel and Resort Collection also offers at least one extra perk, like lunch or dinner for two, complimentary spa treatments, free golf course access, a welcome gift, or airport transfers. But since these perks vary by hotel and can change, it’s hard to plan on them.
Chase Sapphire Reserve is worth its $550 annual fee for frequent travelers who spend at least $4,000 in the first 3 months and qualify for the card’s initial bonus of 50,000 points.
Travelers will get a lot of value out of Chase Sapphire Reserve because it comes with a $300 annual travel credit. This card also 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. There are several types of travel insurance, too, including a $1 million benefit for serious injury or death, plus a Priority Pass Select airport lounge membership that would usually cost $429 a year.… read full answer
But all those features are only worth it if you travel frequently and have the excellent credit needed to get approved for Chase Sapphire Reserve. And after the first year, you’ll have to spend enough – or utilize enough of the card’s 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 15.99% - 22.99% (V) interest on the unpaid balance, which will decrease the overall value of the card’s perks and rewards.
More moderate spenders who still want a Chase travel card with a solid complement of travel-friendly features may prefer the Chase Sapphire Preferred® Card. It has an initial bonus of 60,000 points and gives 5 points per $1 spent on travel purchased through Chase, 2 points per $1 on all other travel purchases, 3 points per $1 on dining and online grocery purchases, 3 points per $1 on select streaming services, and 1 point per $1 on all other purchases. Points are worth just 1.25 cents each toward travel, compared to Chase Sapphire Reserve’s 1.5, but Chase Sapphire Preferred® Card’s annual fee is only $95.
The only surefire way to get the $550 Chase Sapphire Reserve annual fee waived is if you’re an active servicemember and you check that box on the application. As long as Chase can confirm your active duty status, they won’t charge you any fees. Otherwise, your odds of getting a Chase Sapphire Reserve annual fee waiver are next to none. … read full answerChase Sapphire Preferred Card also has a $95 annual fee. But it’s not like Chase will penalize you for asking for a fee waiver, so why not give it a shot?
There are a few details you should be aware of before calling and asking for a fee waiver, though. And in the likely event that you don’t get one, you’ll need to know what perks are available to determine whether Sapphire Reserve is worth it.
Here’s what you should know about Chase Sapphire Reserve annual fee waivers:
If you’re in the armed forces full-time, you’re eligible to have all Sapphire Reserve fees waived, except for the returned check fee. You can get this benefit by indicating your service on the application (there’s a box to check off) or by calling Chase customer service at 1-800-432-3117. Chase will have to verify your status.
If you want to try for a fee waiver or reduction, you can call the number on the back of your card or the general Chase customer service line: 1-800-432-3117.
According to people who’ve had luck with fee waivers on other credit cards, having a high income and spending a lot can help. Since the issuer is already making a lot of money from the fees it charges merchants when you make purchases, the thinking goes, they might be more willing to give you a break.
The Chase Sapphire Reserve initial bonus is worth $750, which covers more than a year and a half of annual fees. And if you’re a frequent traveler, you should always get more than $450 in value per year, between the $300 annual travel credit, free airport lounge access, 3 points per $1 spent on travel and more benefits.
While it’s unlikely that you’ll get the Chase Sapphire Reserve annual fee waived, you might as well try. The worst that can happen is Chase will say “no.” But if you do have to pay $550 every year, just make sure you take advantage of the card’s huge list of benefits in order to get your money’s worth. That or get one of the many credit cards with no annual fee.
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