Review: The Chase Sapphire Reserve

Enjoy exclusive travel benefits, 3x points on travel, and a huge sign-up bonus on this high-end credit card.

Chase Sapphire
Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Read more on how we work and how we make money.

finder score: 81%

Avg. Critics Score: 92%
3 critics
Avg. User Score: 80%
207 users
Get 50,000 bonus points after spending $4,000 in the first three months of use. What’s more: It’s a premium travel card, allowing you to earn 3x points on travel and dining and 1x points on everyday spending.
Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Read more on how we work and how we make money.
$450 Annual Fee
16.74% – 23.74% Variable APR
720 – 850 Credit score range
More card details…

Chase Sapphire Reserve Details

Product nameSapphire Reserve
Issuing BankChase Bank
Recommended credit score range720–850 (good to excellent)
Annual fee$450, each additional card costs $75 per year
Signup bonus50,000 points, if you spend $4,000 on purchases in the first 3 months
Intro purchase APRN/A
Intro balance transfer APRN/A
Balance transfer fee$5 or 5% of the transfer amount, whichever is greater
Foreign transaction fee$0
Cash advance rate25.74%
Cash advance fee$10 or 5% of the transaction amount, whichever is greater
Penalty APRN/A
Late payment feeUp to $15 if balance is less than $100
Up to $27 if balance is $100 to $250
Up to $37 if balance is $250 or more
Returned payment feeUp to $37
Overlimit feeN/A
Maximum credit limitN/A
Minimum APR16.74%
Get 50,000 bonus points after spending $4,000 in the first three months of use. What’s more: It’s a premium travel card, allowing you to earn 3x points on travel and dining and 1x points on everyday spending.

Critic Reviews

CriticRatingNotable quotable
nerdwallet logo NerdWallet’s Virginia C. McGuire90%“The Chase Sapphire Reserve℠ is a great addition to Chase’s suite of credit cards. It competes favorably with other premium travel cards, and the generous rewards rate paired with the better points redemption value more than justify the high annual fee.” Read more
“The Chase Sapphire Reserve℠ is a great addition to Chase’s suite of credit cards. It competes favorably with other premium travel cards, and the generous rewards rate paired with the better points redemption value more than justify the high annual fee.” Read more
wallethub logoWalletHub’s John S. Kiernan88%“The blow dealt to your wallet by the Sapphire Reserve Card’s annual fee is cushioned a bit by up to $300 in free travel each year. As you make travel-related purchases, credits will automatically be applied to your statement.” Read more
“The blow dealt to your wallet by the Sapphire Reserve Card’s annual fee is cushioned a bit by up to $300 in free travel each year. As you make travel-related purchases, credits will automatically be applied to your statement.” Read more
Value Penguin logoValuePenguin’s Robert Harrow98%“Most other credit cards that try to serve two functions end up being average. They fall into the ‘jack of all trades, master of none’ category. The Chase Sapphire Reserve℠ is an exception, in that it excels as both a luxury card and as a rewards credit card.” Read more
“Most other credit cards that try to serve two functions end up being average. They fall into the ‘jack of all trades, master of none’ category. The Chase Sapphire Reserve℠ is an exception, in that it excels as both a luxury card and as a rewards credit card.” Read more

User Reviews

UsersAvg. RatingReview countNotable quotable
nerdwallet logo NerdWallet‘s users78%7 reviews“Use the Shop with Chase site to get bonus points at online shops. I spent just over $60 getting flowers for Mother’s day and received 30 points per dollar spent. Its an easy way to get 1800 points. Take advantage of everything this card has to offer and you will be very happy with it.” Read more
“Use the Shop with Chase site to get bonus points at online shops. I spent just over $60 getting flowers for Mother’s day and received 30 points per dollar spent. Its an easy way to get 1800 points. Take advantage of everything this card has to offer and you will be very happy with it.” Read more
wallethub logoWalletHub‘s users72%203 reviews
credit karmaCreditKarma‘s users90%82 reviews“One of the best travel cards available, applied because I plan on traveling more and no other travel card offered the perks this one does.” Read more
“One of the best travel cards available, applied because I plan on traveling more and no other travel card offered the perks this one does.” Read more

Chase Sapphire Reserve Review

What you need to know

Not many cards come with the steep annual fee you’ll pay for the Chase Sapphire Reserve credit card. But it can offer great value for your money if you seek luxury while traveling — and travel often. Right off the bat, you can get 50,000 bonus points after spending $4,000 in the first three months of use. What’s more: It’s a premium travel card, allowing you to earn 3x points on travel and dining and 1x points on everyday spending. And you can relax in class with complimentary access to 1,000 airport lounges in 500 cities worldwide. While other Chase credit cards will cost you nothing in annual fees, if you often travel overseas and enjoy first-class amenities you can make back the fee in no time.

The benefits

If you use this high-end card regularly, you can definitely make the high $450 annual fee worth it.

  • Generous signup bonus. Earn a whopping 50,000 points — a $750 value — when you spend $4,000 in the first three months. Redeem points for travel, dining and other perks.
  • 3x points on travel and dining. Earn three points for every $1 spent on hotels, airfare, taxis and trains and at restaurants worldwide. You’ll earn 1x points for all other purchases.
  • Annual $300 statement credit. Get reimbursed for travel purchases charged to your card. Get an additional $100 toward Global Entry or TSA Pre-Check every four years.
  • Access 1,000 airport lounges worldwide. Relax at VIP lounges in over 500 cities with one-time enrollment in Priority Pass Select.
  • Robust point redemption for travel. Get 50% more value when you redeem your points for airfare, cruises, car rentals and more through Chase Ultimate Rewards. Or redeem your points for cash back.
  • No foreign transaction fees. Use your card overseas without the worry of extra transaction fees.

You’ll also like…

  • Exclusive travel benefits. Enjoy additional benefits on car rentals, at Luxury Hotel & Resort Collection and more.
  • Travel protection. Coverage includes trip cancellation and interruption insurance, auto rental collision damage waiver, emergency evacuation and transportation, trip delay reimbursement, purchase protection, price protection, return protection and extended warranty protection.
  • 24/7 Worldwide Service Team. Get direct access to a customer service specialist, the Chase Travel Team, and Visa Infinite Concierge for assistance with reservations, Broadway tickets and sporting events.

What to watch out for

  • Steep annual fee. To justify the $450 fee, you’ll need to regularly make use of this high-end card.
  • No intro APR. You’ll begin paying interest on any balances after your first statement.

Average approval rate for the Chase Sapphire Reserve

Credit RangeApproval Rate
720-85089.19%
680-71978.26%
620-67951.02%
300-61930.19%
Not Sure20.00%

How do I apply?

1. Go to the Chase Sapphire Reserve Credit Card website and click Apply Now.
step 1 Chase Sapphire Reserve Credit Card 2. Complete the application with your personal and financial information. Accept the terms and submit.
step 2 Chase Sapphire Reserve Credit Card

I got the card. Now what?

  • Keep track of your spending. Register with Chase Online to monitor your account activity 24/7.
  • Watch out for penalties. If your payments are late or your checks returned, you’ll pay up to $37.
  • Contact customer service. Get round-the-clock access to the Chase Worldwide Service Team. Contact Chase at 1-800-432-3117, on Twitter @ChaseSupport or log in to your account to send a secure email.

Credit Card Insights: Chase Sapphire Reserve

We’ve polled hundreds of Chase Sapphire Reserve users. Here’s what we’ve found.

Quick Stats
Application iconApplication process rating: 74%.
Customer service iconCustomer service rating:  74%.
gauge credit meterApproval rate for 720 – 850 credit range: 89%.
loan-line36% of users confident the $450 annual fee is worth it.
priority meterNo. 1 reason people signed up: Travel Points.
Pay monthly balance 260% pay monthly balance in full.
Bonus78% met the minimum spend & earned the bonus.

How much do users know about Sapphire Reserve features?


Reviews Around the Web

Critics and user reviews from around the web on the Chase Sapphire Reserve

The consensus? Overwhelmingly positive for the Chase Sapphire Reserve credit card. This doesn’t necessarily mean the card is for you, what with it’s high annual fee and high credit score requirements. Then again, if your credit is good, you travel often, and you can meet the minimum spend for the bonus, you can’t find a better luxury travel card on the market.

Critics Reviews

CriticRatingNotable quotable
nerdwallet logo NerdWallet’s Virginia C. McGuire90%“The Chase Sapphire Reserve℠ is a great addition to Chase’s suite of credit cards. It competes favorably with other premium travel cards, and the generous rewards rate paired with the better points redemption value more than justify the high annual fee.” Read more
“The Chase Sapphire Reserve℠ is a great addition to Chase’s suite of credit cards. It competes favorably with other premium travel cards, and the generous rewards rate paired with the better points redemption value more than justify the high annual fee.” Read more
wallethub logoWalletHub’s John S. Kiernan88%“The blow dealt to your wallet by the Sapphire Reserve Card’s annual fee is cushioned a bit by up to $300 in free travel each year. As you make travel-related purchases, credits will automatically be applied to your statement.” Read more
“The blow dealt to your wallet by the Sapphire Reserve Card’s annual fee is cushioned a bit by up to $300 in free travel each year. As you make travel-related purchases, credits will automatically be applied to your statement.” Read more
Value Penguin logoValuePenguin’s Robert Harrow98%“Most other credit cards that try to serve two functions end up being average. They fall into the ‘jack of all trades, master of none’ category. The Chase Sapphire Reserve℠ is an exception, in that it excels as both a luxury card and as a rewards credit card.” Read more
“Most other credit cards that try to serve two functions end up being average. They fall into the ‘jack of all trades, master of none’ category. The Chase Sapphire Reserve℠ is an exception, in that it excels as both a luxury card and as a rewards credit card.” Read more

User Reviews

UsersAvg. RatingReview countNotable quotable
nerdwallet logo NerdWallet‘s users78%7 reviews“Use the Shop with Chase site to get bonus points at online shops. I spent just over $60 getting flowers for Mother’s day and received 30 points per dollar spent. Its an easy way to get 1800 points. Take advantage of everything this card has to offer and you will be very happy with it.” Read more
“Use the Shop with Chase site to get bonus points at online shops. I spent just over $60 getting flowers for Mother’s day and received 30 points per dollar spent. Its an easy way to get 1800 points. Take advantage of everything this card has to offer and you will be very happy with it.” Read more
wallethub logoWalletHub‘s users72%203 reviews
credit karmaCreditKarma‘s users90%82 reviews“One of the best travel cards available, applied because I plan on traveling more and no other travel card offered the perks this one does.” Read more
“One of the best travel cards available, applied because I plan on traveling more and no other travel card offered the perks this one does.” Read more

Chase Sapphire Reserve vs. Platinum Card from American Express

RTCCF SapphireChase Sapphire ReserveRTCCF PlatinumPlatinum Card
Annual fee$450$550
APR16.74% – 23.74% variablen/a
Recommended credit720 – 850720 – 850
Average approval rate for 720 – 850 credit range89.19%96%
Signup bonus50,000 points if you spend $4,000 in the first 3 months60,000 points if you spend $5,000 in the first 3 months

Chase Sapphire Reserve Details

Product nameSapphire Reserve
Issuing BankChase Bank
Recommended credit score range720–850 (good to excellent)
Annual fee$450, each additional card costs $75 per year
Signup bonus50,000 points, if you spend $4,000 on purchases in the first 3 months
Intro purchase APRN/A
Intro balance transfer APRN/A
Balance transfer fee$5 or 5% of the transfer amount, whichever is greater
Foreign transaction fee$0
Cash advance rate25.74%
Cash advance fee$10 or 5% of the transaction amount, whichever is greater
Penalty APRN/A
Late payment feeUp to $15 if balance is less than $100 Up to $27 if balance is $100 to $250 Up to $37 if balance is $250 or more
Returned payment feeUp to $37
Overlimit feeN/A
Maximum credit limitN/A
Minimum APR16.74%

The bottom line

The Chase Sapphire Reserve Credit Card is a good fit for people who seek exclusive privileges when traveling. With enough travel, you can offset the high $450 annual fee.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and our Privacy Policy.
feedback