John Miller, Credit Cards Moderator
@john_miller
Yes, Chase Sapphire Reserve is widely regarded as an elite credit card because it's designed for individuals who value premium benefits and are willing to pay a $795 annual fee for access to exclusive perks and rewards. With features such as airport lounge access and Visa Infinite concierge, the Chase Sapphire Reserve card caters to an affluent clientele, making it one of the most exclusive credit cards on the market.
Why the Chase Sapphire Reserve Card Is an Elite Credit Card
- Top-Tier Benefits: The Chase Sapphire Reserve card offers a wide array of premium benefits, including travel credits, travel insurance, and complimentary access to airport lounges. These perks can enhance the cardholder's lifestyle and travel experiences.
- High Earn Rates: The card offers 1 - 8 points per $1 spent on purchases, and you get even more value out of your points when you redeem them through Chase Travel.
- Made of Metal: The Chase Sapphire Reserve card is made of metal, and in general, metal credit cards are seen as a status symbol.
- Stringent Approval Requirements: The Chase Sapphire Reserve card requires excellent credit for approval, and charges a $795 annual fee. Being hard to get does not necessarily make a card elite. But you do need a stellar credit profile and high income to qualify for one.
- Visa Infinite: As a Visa Infinite card, the Chase Sapphire Reserve card provides access to premium Visa Infinite benefits, such as concierge services, luxury hotel perks, and exclusive travel experiences. These additional benefits further enhance the card's value.
You can refer to WalletHub’s Chase Sapphire Reserve review if you wish to learn more about the card and what makes it elite.
Popular Credit Cards from Our Partners
People also ask
Is Chase Sapphire Reserve prestigious?
The Chase Sapphire Reserve® card is a prestigious credit card because it offers premium rewards and benefits, along with other generous perks. Chase Sapphire Reserve requires excellent credit and has a high annual fee of $795, but these features are common among high-end credit cards.
Why the Chase Sapphire Reserve® Card is Prestigious
- The card gives rewards of 1 - 8 points per $1 spent on purchases.
- New cardholders can earn an initial bonus of 125,000 points for spending $6,000 in the first 3 months.
- Chase Sapphire Reserve is a...
Is it hard to get Chase Sapphire Reserve card?
It is hard to get the Chase Sapphire Reserve® card because you need an excellent credit score to qualify. You will need a credit score of 750 or higher for good approval odds, as well as an SSN or ITIN and enough income to afford the monthly bill payments. You can check your credit score for free, right here on WalletHub.
What You Need to Get Chase Sapphire Reserve
- Excellent credit score of 750+
- Steady income
- Low...
Did we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.