Updated April 9, 2026.
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The Facts

• Annual Fee: $795 for the primary cardholder, free authorized user with no travel perks.

• Signup Bonus: 150,000 points (=$1,500 in travel rewards via Chase, or 150K miles/points of United, Singapore, British, Flying Blue, Southwest, JetBlue, Hyatt, etc.) after you spend $20,000 within 3 months of new account opening. This bonus is not available if you currently have this card or have received signup bonus from this card in the past 48 months. Based on anecdotal reports, this card is subject to Chase's 5/24 rule (you won't be approved for this card if you have opened 5 or more new accounts within the past 24 months; any new account with any issuer will count, not just with Chase; new accounts include most credit cards and charge cards but exclude non-Chase business cards and store charge cards). Historical best bonus of this card: (1) 200,000 points in 2025 and 2026; (2) 150,000 points in 2026.

• Application landing page [Disclaimer: we will receive a referral bonus from Chase if you apply and are approved for this card. The signup bonus you will receive is the same as the public offer via Chase's non-referral link].

• Rewards: 8x points on Chase Travel purchases, 4x airlines and hotels booked direct, 3x online advertising, and 1x everywhere else.

• Best Use of Ultimate Rewards (UR) points: The Ultimate Rewards is Chase's rewards program - normally the points can be redeemed for cash, merchandise, gift cards, or travel, at up to 1 cent per point (note: cash rewards have 1 cent value). However, Sapphire Reserve has three premium redemption options. The first option is to redeem for travel through UR and get 50% bonus value, essentially making 1 point = 1.5 cents. Note that this is better than the 25% bonus on Sapphire Preferred or Ink Plus. The second is to redeem through "Pay Yourself Back" feature and get 25% bonus value for categories that are subject to change - current and previous categories include dining, groceries, home improvement, Airbnb, annual membership fees, and charity. The third option is to transfer points into miles or points of frequent traveler programs. Please see our review on Marriott vs. MR vs. UR vs. TY vs. C1 vs. CR for detailed comparison of the five programs that allow miles/points transfer.

• Annual/semi-annual/monthly credits: (1) Annual $300 travel credit each membership year: since its introduction, this has been the best annual travel credit provided by a high-end card, as it allows almost any travel expense to be reimbursed automatically. (2) Up to $500 The Edit by Chase Travel credits each calendar year ($250 semi-annually, two night minimum per stay). (3) Up to $400 ZipRecruiter credit ($200 semi-annually). (4) Up to $420 DoorDash value = complimentary DashPass membership ($120 value, offering zero delivery fee and reduced service fees on food orders over $12) and up to $300 DoorDash value each calendar year ($25 per month - $5-off on restaurant orders and two $10-off on grocery/retail orders). (5) Annual $200 Google Workspace credit. (6) Up to $120 Lyft credits each calendar year ($10 per month). (7) Up to $100 giftcards.com credit ($50 semi-annually). (8) Through 12/31/2026, $250 credit on prepaid Chase Travel hotel bookings with IHG Hotels & Resorts, Montage Hotels & Resorts, Pendry Hotels & Resorts, Omni Hotels & Resorts, Virgin Hotels, Minor Hotels, and Pan Pacific Hotels and Resorts. Two night minimum.

• Airport Lounge Access: (1) Unlimited complimentary access to Chase Sapphire Lounges for you (a primary cardmember or authorized user) plus two guests. There are currently only 8 lounges but the list is expected to grow. (2) Priority Pass Select membership which provides unlimited complimentary access to more than 1,800 airport lounges worldwide for you (a primary cardmember or authorized user) plus two guests. Please see our featured review to learn more about airport lounge access.

• Hotel Privileges: (1) The Edit by Chase Travel (EBCT), formerly known as Chase Luxury Hotel & Resort Collection, through Signature Travel Network, offers perks such as daily complimentary breakfasts for two, room upgrades upon availability, early check-in and late check-out upon availability, and property specific amenities (such as a $100 spa/dining/hotel credit per stay), at over 1,000 luxury hotels and resorts worldwide. You may book a hotel through EBCT and the rates are mostly the same of the Best Available Rates (BAR, i.e., refundable flexible rates set by the hotel) and include taxes, resort fees, etc. This is Chase's answer to Amex's highly recognized Fine Hotels & Resorts program. (2) Visa Infinite Privileges at Relais & Chateaux (a collection of 500+ high-end luxury boutique hotels worldwide): a VIP welcome at all hotels (unique to each property) and complimentary breakfasts at 120+ participating hotels. Visit relaischateaux.com/visainfinite-us for details. You will also be accelerated to its Club 5C status after staying 2 nights in a 12-month period. Relais & Chateaux's Club 5C is by-invitation only if you don't have a Visa Infinite and normally requires staying 15 nights per year; perks include room upgrades upon availability, and "Discovery Privilege" unique to each property. (3) Visa Signature Luxury Hotel Collection which offers perks including daily complimentary breakfasts for two, room upgrades upon availability, late checkout upon availability, $25 food and beverage credit per stay, free room wi-fi, and VIP amenities, at over 900 luxury hotels and resorts worldwide. You may book a hotel on VisaSignatureHotels.com and the rates are the same as BAR. Note that the coverage and perks are different from EBCT's, but some hotels participate in both programs. (4) Visa Infinite Luxury Hotel Collection which covers a subset (200+) of Visa Signature hotels but offers an extra property specific perk like a $75 food and beverage credit or a $100 spa/hotel/rate credit per stay. You may book a hotel a VisaInfiniteHotels.com, and the rates are the same as BAR. (5) Privileges at Ennismore - receive 4th night free, food & beverage credit, and daily free breakfasts for two at Ennismore global portfolio hotels, including brands such as SLS, Mondrian, Delano, Hyde, Morgans Originals, Hoxton, and SO/.

• Other Visa Infinite Benefits: (1) Visa Infinite 24/7 Concierge Service. (2) Visa Infinite Car Rental Privileges at Avis, National, and SilverCar.

• Other Benefits: (1) Waived foreign transaction fees with an embedded EMV chip for foreign travel. (2) Primary rental car collision coverage - note while most credit cards provide rental car insurance, they are secondary, meaning your personal insurance's collision damage coverage kicks in before the credit card's. Please see our featured review on credit cards that come with primary rental car insurance for details. (3) While most credit card's Roadside Assistance service only dispatches a provider and you have to pay for the actual charges, Sapphire Reserve covers up to $50 per service and 4 times per year. (4) Reimbursement for Global Entry or TSA PreCheck application (up to $120) every four years. (5) Exclusive Events & Experiences such as a private dinner with a celebrity chef.

• Benefits After $120K - after you spend $120,000 each calendar year you will receive the following additional benefits: (1) Southwest Airlines A-list status, (2) IHG One Rewards Diamond status, (3) Hyatt Explorist status, (4) $500 Southwest Airlines Chase Travel credits, and (5) $500 The Shops at Chase credits.

• Protection: Sapphire Reserve Business offers the highest level of consumer and travel protection among all business credit cards.

• History: in June 2025, Chase unveiled the business card version of its highly successful high-end Ultimate Rewards card.

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The Math
Business Sapphire Reserve vs. personal Sapphire Reserve: they are very similar in general with the following differences: the business card replaces dining with online advertising as the 3x category, losing dining/StubHub/Apple/Peloton credits, adding ZipRecruiter/Google Workspace/giftcards.com credits, increasing the spending requirement from $75K to $120K to unlock additional perks while increasing The Shops at Chase credit from $250 to $500.

The Conclusion
Chase Sapphire Reserve Business Card is modeled after the highly successful personal Sapphire Reserve, and no wonder it is considered one of best business credit cards out there, especially if you need a high-end card.