The best Chase Sapphire Reserve card benefits are airport-lounge access and up to $300 in annual travel credit. The Chase Sapphire Reserve® card also has auto rental collision damage waiver and purchase protection, which are more common perks across Chase credit cards.

Chase Sapphire Reserve Card Benefits

• Airport-lounge access
• Up to $300 in annual travel credit
• Auto rental collision damage waiver
• Purchase protection
• Baggage delay insurance
• Return protection
• Extended warranty protection
• Trip cancellation/interruption insurance
• Lost luggage reimbursement
• Trip delay reimbursement
• Emergency evacuation & transportation
• Roadside assistance

Along with these benefits, the Chase Sapphire Reserve card has a $550 annual fee and gives rewards on all purchases. As long as you have excellent credit, Chase Sapphire Reserve is certainly a card to consider adding to your wallet.

The Chase Sapphire Preferred benefits include high rewards on travel, plus thousands of dollars in travel insurance and coverage for damaged or stolen purchases. Chase Sapphire Preferred also offers one of the best initial rewards bonuses on the market. That's a big reason why its among WalletHub's choices for the year's best rewards cards as well as the best credit card deals. The average person would earn more Preferred over the first two years of use than any other Chase credit card, according to WalletHub's latest Credit Card Rewards Report. And Chase Sapphire Preferred's secondary benefits are impressive as well.

Here are the Chase Sapphire Preferred's benefits:

• Initial Bonus: Chase Sapphire Preferred offers one of the best bonuses on the market.
• Travel Insurance: Chase Sapphire Preferred has the best overall travel insurance among credit cards, according to WalletHub's editors. Pay for travel with Chase Sapphire Preferred, and you'll get coverage for delayed, cancelled, or interrupted trips as well as for lost luggage.
• Rental Car Insurance: Paying for your vehicle rental with your Chase Sapphire Preferred card automatically gives you coverage for damage or theft. Chase's policy ranks second among major issuers.
• Extended Warranty: If you buy something that has a manufacturer's warranty, Chase may add a year to your coverage. Chase Sapphire Preferred and Chase Sapphire Reserve® are tied for 17th in this category.
• Purchase Protection: You may be eligible for at least a partial refund if certain items purchased with a Chase Sapphire card are damaged or stolen. WalletHub ranks Chase Sapphire Preferred 6th in this category. The Chase Sapphire Reserve card takes 1st place.
• International Travel Perks: WalletHub's editors analyzed major issuers' perks and policies for international travelers, including travel rewards, foreign transaction fees, emergency assistance and more. Chase Sapphire Preferred and Chase Sapphire Reserve tied for 7th best.

Another Chase Sapphire Preferred benefit is worldwide acceptance. Since Chase Sapphire Preferred is a Visa, you can use it pretty much everywhere in the world credit cards are accepted. Using a Visa or a Mastercard is the best way to convert currency when traveling internationally, too, thanks to low exchange rates that could save you as much as 9%. Plus, Chase is one of the few major credit card companies that will send you a free replacement if you lose your card while out of the country.

In short, Chase Sapphire Preferred is an excellent rewards credit card for people with excellent credit. You can learn more about the offer from WalletHub's complete Chase Sapphire Preferred Card review.

You need more than good credit to qualify for the Chase Sapphire Reserve card. The Chase Sapphire Reserve card requires applicants to have excellent credit, which means you need a credit score of at least 750 to get approved for the card.

You can check your credit score for free on WalletHub to see if you're within range of qualifying for the Chase Sapphire Reserve card.

You can get a Chase Sapphire Preferred referral bonus for each friend that you invite to apply for the same card and gets approved. The referral bonus is 15,000 points for every referral who is approved and the limit is 75,000 points per calendar year.

Whether you refer one friend or five, you're still looking at a lot of value, especially for travel booked through Chase Ultimate Rewards. So, let's talk about exactly how to earn it.

Here's how to get a Chase Sapphire Preferred referral bonus:

1. Go to the Chase Sapphire Preferred Refer a Friend Page or use Chase's mobile app.
2. Provide the requested information and click “Continue”.
3. Share your personalized invitation link with friends via Facebook, Twitter or email.

Keep in mind that it may take a while for bonus points to show up in your account. Chase says it takes up to 8 weeks; it will appear on your Chase Sapphire Preferred statement as a “Refer-A-Friend” bonus. So, maybe you shouldn't count on using your referral bonus the next time you travel.

Lastly, you should know that Chase Sapphire Preferred isn't the only Chase Credit Card with a referral bonus. You can see what other cards are in the mix on Chase's Refer a Friend Page.

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.

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+.

You can log in to your Chase Sapphire Reserve® card account by going to the login page on the Chase website or mobile app and entering your username and password in the appropriate fields. Then, click the “Sign in” to access your online account.

How to Register for Online Access on your Chase Sapphire Reserve Credit Card Account

1. Register your Chase Sapphire Reserve credit card for online account access. Click “Not enrolled? Sign up now” and enter your account type, card or application number, and Social Security number to verify your credit card account.
2. Choose your Chase Sapphire Reserve card username and password. The username must be between 8 and 32 characters, including special characters, but no spaces. The password must contain at least 8 characters and have at least two of the following: one letter, one number, and one special character. Password can have no more than two identical or sequential characters. The password is case sensitive and may contain special characters.
3. Log in with your new Chase Sapphire Reserve card credentials. From the login page on the Chase website or mobile app for iOS and Android, fill out the Username and Password fields using your new credentials, and click “Sign in” to access your account.

After you have signed up and logged in, you'll be able to manage your Chase Sapphire Reserve card account online. You can pay your credit card bill, see credit card statements, monitor account activity, and change account information such as passwords and automatic payments.

If you forget your login information, click “Forgot username/password?” on the Chase login page. Then, just follow the prompts to reset or retrieve your username or password.

You can use your Chase Sapphire Reserve for airport lounge access by first enrolling in Priority Pass Select. There is no additional cost to activate your Priority Pass membership and it is a one-time procedure.

Chase Sapphire Reserve Priority Pass gives you access to 1,300+ airport lounges around the world, including many locations in the United States, Europe and Asia. For example, the 8 largest U.S. airports – including JFK, LAX, DFW, ATL and ORD – all allow Chase Sapphire Reserve airport lounge access. The Chase Sapphire Reserve lounge benefit is provided by a company called Priority Pass and would cost $399 per year without the card.  

Here's how to find an airport lounge:

To find a lounge, go to the Priority Pass website and type your destination into the “Find a lounge” bar. You'll be able to see where a lounge is within an airport, as well as its hours, amenities, guest policies and other rules. You can also check the Priority Pass lounge directory. If the airport you are visiting has a Priority Pass lounge, you will just have to show your card there to gain access.

Technically speaking, there aren't any airport lounges solely for Chase Sapphire Reserve cardholders. That's important because there are a few crucial details about Priority Pass membership you should keep in mind.

Key things you should know about Chase Sapphire Reserve airport lounges:

• Customers must enroll in Priority Pass Select to access the 1,300+ Chase Sapphire Reserve airport lounges. But you only have to enroll once.
• To enroll, go to Chase Ultimate Rewards and click “Earn Points,” then “Card Benefits.” Under the “Airport Lounge Access” tab, click “Activate Now.”
• Guests may be allowed to accompany you for free, depending on the lounge. If guests do not get complimentary access, the fee will be $27 per person per visit.

Chase Sapphire Reserve airport lounges offer perks like free Wi-Fi, full bars, snacks, and even showers and spas, depending on the particular lounge. To enjoy them, just activate your complimentary Priority Pass Select membership. 

The Chase Sapphire Preferred rewards new cardholders with 60,000 bonus points for spending $4,000 in the first 3 months. Plus, the card comes with extensive ongoing rewards: 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.

The rewards redemption process offers a number of good options through Chase's  Ultimate Rewards portal.

Chase Sapphire Preferred Rewards

Chase Sapphire Preferred Rewards Redemption Options

1. Travel redemption: Chase Sapphire Preferred rewards points are best used for travel booked through Chase Ultimate Rewards. Just select " Travel" once you're signed in.
2. Cash: You can also redeem reward points either to get a statement credit or a deposit to a U.S. checking or savings account. Log in to the Ultimate Rewards portal and choose " Cash Back."
3. Transfer points to Chase's travel partners: You can transfer Chase Sapphire Preferred rewards points to partnered airline and hotel loyalty programs. Just confirm that you have a loyalty account, then select "Transfer to Travel Partners" in the Ultimate Rewards portal.
4. “Pay with Points”: You can use your Chase Sapphire Preferred rewards points when checking out on Amazon.com or with PayPal. Follow the instructions for both Amazon and PayPal to get started.
5. Apple purchases: You can use your points to pay for all or part of your Apple purchases.
6. Gift cards: You can convert Chase Sapphire Preferred rewards into cash or gift cards for your favorite stores. Log in to the Ultimate Rewards portal and choose "Gift Cards."
7. Experiences: You can trade your points to attend exclusive experiences like sport and dining events, concerts, and more. Simply log in to the Ultimate Rewards portal and choose "Experiences."

The Chase Sapphire Preferred card has a $95 annual fee, but its rewards definitely have the potential to offset it and bring you added value. Plus, your reward points don't expire as long as your account remains open and in good standing. Chase Sapphire Preferred is one of the best rewards cards on the market, well worth getting if you use it regularly and travel often.

The Chase Sapphire Reserve Priority Pass membership gives cardholders and authorized users free memberships in the airport lounge program Priority Pass Select. Each cardholder and up to two guests get unlimited free access to over 1,300 airport lounges worldwide as a result. Additional guests cost $32 per visit.

Priority Pass Select airport lounges offer free Wi-Fi, snacks and beverages. There's also comfortable seating and other amenities that vary by lounge. The Chase Sapphire Reserve Priority Pass benefit is a $429 annual value. That's what it would cost to buy a membership with unlimited free visits normally.

This special benefit is only available on Chase Sapphire Reserve. You don't get it on Chase Sapphire Preferred® Card or the discontinued original Chase Sapphire® Card. Keep in mind that the $429 value helps offset Chase Sapphire Reserve's $550 annual fee.

In order to redeem your free Chase Sapphire Reserve Priority Pass membership and start enjoying the lounge benefits, you need to do a one-time “activation” to have your Priority Pass card sent to you. Don't worry, this won't cost you any money and it's very easy to do.

How to activate Chase Sapphire Reserve Priority Pass:

1. Log in to your Chase online account.
2. Click on the tab that says “Chase Ultimate Rewards.”
3. Click on “Card Benefits.”
4. Find “Airport Lounge Access” and click “Activate Now” at the bottom.

Follow those steps, and you'll get membership cards for you and any authorized users on your Chase Sapphire Reserve account within 2-3 weeks by mail. Once you have your Chase Sapphire Reserve Priority Pass membership card, you'll need to show it and a same-day boarding pass to get into a Priority Pass lounge.

You may also be able to bring guests traveling with you. There's no limit set by Priority Pass, but individual lounges have the right to make their own rules. Authorized users have their own memberships and aren't considered guests. Keep in mind that only two of your guests are free – the rest cost $32 each.  

Your Chase Sapphire Reserve Priority Pass membership gives you access to a widespread network. There are Priority Pass lounges all over the world, including at the most popular domestic and international airports.

Here are some popular Chase Sapphire Reserve Priority Pass lounges:

• Chicago IL O'Hare International Airport: Swissport LoungeOffers refreshments, TV, magazines and Wi-Fi. They may limit guests based on space constraints.
• Dallas/Fort Worth International Airport: The Club at DFWYou have access to refreshments, alcohol, TV, Wi-Fi, fax and showers. There are no stated guest restrictions.
• Beijing Capital International Airport: Air China First & Business Class LoungeOffers refreshments, alcohol, internet access, TV, newspapers and telephones. They may limit guests based on space constraints.
• Dubai International Airport: Marhaba LoungeAmenities include refreshments, alcohol, TV, magazines, Wi-Fi and flight information, telephone, fax, and shower. There are no stated guest restrictions.

So, as you can see, the Chase Sapphire Reserve Priority Pass benefit gives you a wide range of comforts all over the world. If you take full advantage of this perk, that's an extra $429 in value you get out of your card every year.

Yes, the Chase Sapphire Reserve Card does have travel insurance benefits, the best of which are emergency evacuation and transportation coverage and trip cancellation/interruption insurance. To be eligible to file a travel insurance claim, you'll need to pay for your travel using your Chase Sapphire Reserve Card.

Types of Chase Sapphire Reserve Card Travel Insurance

• Trip delay insurance: This benefit reimburses you for necessary expenses – such as a hotel room, for example – if your trip is delayed for 6 hours or more.
• Trip cancellation/interruption insurance: This benefit covers your trip for unforeseen cancellations or for interruptions that cut your trip short. It only applies to pre-paid, non-refundable travel expenses.
• Lost/damaged baggage insurance: If your luggage is lost or stolen, you can get reimbursed for the contents of the luggage up to $3,000.
• Emergency evacuation and transportation insurance: If you become sick or injured during a trip and need to be evacuated, you can get reimbursed for the medical services and transportation costs up to $100,000.
• Travel accident insurance: This insurance covers cardholders in the event of death or dismemberment during the trip or during transit.
• Rental car insurance: This benefit covers the cardholder for damage to the rental vehicle that results from collision or theft.

Exclusions and coverage limits apply to many of these benefits, so make sure to check your Chase Sapphire Reserve Card's guide to benefits for more details on each type of insurance.