Sapphire Reserve for Business

Earning Rates

Key Benefits

All Benefits

• Welcome offer: 150,000 bonus Ultimate Rewards points after $20,000 in purchases in the first 3 months (worth ~$2,595 at TPG's 1.73 cpp UR valuation, or up to ~$3,000 toward travel through Chase Travel with Points Boost)
• Earn 8X total points on all Chase Travel purchases (flights, hotels, cars, cruises, activities, vacation packages) booked through the Chase Travel portal
• Earn 5X total points on flights booked direct with the airline (after the $300 travel credit is used)
• Earn 4X total points on hotels booked direct with the property (after the $300 travel credit is used)
• Earn 3X points on dining at restaurants worldwide, including eligible delivery services and takeout
• Earn 1X point per $1 on all other business purchases, with no caps and points that never expire as long as the account is open
• $795 annual fee; $0 for each employee/authorized-user card (employee purchases earn rewards in the primary account)
• $300 annual travel credit automatically applied to the first $300 of travel purchases (airfare, hotels, rental cars, tolls, parking, taxis, trains, cruises, Chase Travel) each cardmember year
• Up to $500 in annual statement credits ($250 per stay) on qualifying 2-night+ stays at The Edit by Chase Travel luxury hotel collection (formerly Luxury Hotel & Resort Collection); includes daily breakfast for two, ~$100 property credit, and room upgrade when available
• Up to $400 in annual ZipRecruiter statement credits ($200 Jan-Jun, $200 Jul-Dec) on purchases made directly with ZipRecruiter through 12/31/2027
• Up to $200 in annual Google Workspace statement credits on purchases made directly with Google Workspace through 12/31/2027
• Up to $120/year ($10/month) Lyft credit through 9/30/2027 when the card is the payment method in the Lyft app (one credit per account)
• Complimentary DashPass membership through 12/31/2027 (a $120/year value) with $0 delivery fees and reduced service fees, plus up to $25/month in DoorDash promos ($5 restaurant + two $10 grocery/retail)
• $120 statement credit every 4 years for Global Entry, TSA PreCheck, or NEXUS application fee (primary or authorized user)
• Complimentary Priority Pass Select membership for the primary cardmember with access to 1,300+ airport lounges worldwide (employees can enter only as guests of the primary)
• Unlimited access to Chase Sapphire Lounges by The Club at IAH, BOS, LGA, JFK, SDF, PHL, DCA, ORD, SAN, and additional locations rolling out, with up to two complimentary guests
• Access to select Air Canada Maple Leaf Lounges and Air Canada Cafés in the U.S., Canada, and Europe with a same-day Star Alliance boarding pass, plus one complimentary guest
• Complimentary IHG One Rewards Platinum Elite status through 12/31/2027 (must link IHG account to activate)
• Spend $120,000 in a calendar year to unlock IHG One Rewards Diamond Elite status for the remainder of that year plus the following calendar year
• Spend $120,000 in a calendar year to unlock Southwest Rapid Rewards A-List status for the remainder of that year plus the following calendar year
• Spend $120,000 in a calendar year to unlock up to $500 in Southwest Airlines statement credits on Chase Travel and up to $500 in credits at The Shops at Chase
• 1:1 point transfer to 14 Chase Ultimate Rewards travel partners including United MileagePlus, Southwest Rapid Rewards, JetBlue TrueBlue, Air Canada Aeroplan, Air France/KLM Flying Blue, British Airways Avios, Emirates Skywards, Iberia Avios, Singapore KrisFlyer, Virgin Atlantic, Hyatt, IHG One Rewards, Marriott Bonvoy
• Points Boost: up to 2X redemption value (up to 2.0 cents per point) on select flights and hotels booked through Chase Travel, refreshed periodically
• Complimentary Hertz President's Circle elite status (Hertz's top tier), plus Avis Preferred Plus and Avis President's Club benefits at over 5,000 locations
• Primary auto rental Collision Damage Waiver coverage when renting for business or personal use (theft and collision damage for most rental cars in the U.S. and abroad)
• Cell phone protection up to $1,000 per claim against covered theft or damage when the monthly cell bill is paid with the card (max 3 claims per 12-month period, $100 deductible)
• Trip cancellation and trip interruption insurance reimbursing prepaid, non-refundable fares, tours, and hotels up to $10,000 per person and $20,000 per trip
• Trip delay reimbursement up to $500 per ticket when a common carrier is delayed more than 6 hours or requires an overnight stay
• Lost luggage reimbursement up to $3,000 per passenger and baggage delay insurance (up to $100/day for 5 days) when bags are delayed more than 6 hours
• Emergency evacuation and transportation coverage up to $100,000 for medical evacuations 100+ miles from home
• Travel accident insurance, roadside dispatch (pay-per-use), and 24/7 travel and emergency assistance services
• Purchase protection on new purchases for 120 days against damage or theft, up to $10,000 per claim and $50,000 per account
• Extended warranty protection adding 1 additional year to eligible U.S. manufacturer warranties of 3 years or less
• Return protection up to $500 per item ($1,000 per 12-month period) when a store won't take an eligible return within 90 days of purchase
• No foreign transaction fees on purchases made outside the United States
• Visa Infinite Business benefits: 24/7 Visa Infinite Concierge for travel, dining, and event planning, plus premium dining, golf, and luxury hotel collection perks
• Free employee/authorized-user cards with individual spending limits and category restrictions; employee spend earns rewards in the primary account
• Refer-A-Business program: earn 40,000 bonus Ultimate Rewards points per approved business referral (capped annually); refer up to 5 businesses for 200,000 bonus points
• Year-end summary, QuickBooks/accounting-software integration, account alerts, fraud monitoring, zero liability protection, and Pay In Full plus Flex for Business (revolving) credit-line flexibility

Chase Ultimate Rewards points transfer to these loyalty programs:

United MileagePlus

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Southwest Rapid Rewards

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British Airways Avios

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Singapore KrisFlyer

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Air France/KLM Flying Blue

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Emirates Skywards

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Air Canada Aeroplan

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World of Hyatt

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Marriott Bonvoy

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IHG One Rewards

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