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Updated October 24, 2018

Chase Sapphire Reserve Rewards Guide

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With elite travel perks and rewards, Chase Sapphire Reserve is a top travel card. Learn how to earn tons of points and your redemption options.

Overview

  • Earn 50K bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Named "Best Premium Travel Credit Card" for 2018 by MONEY® Magazine
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
  • Up to $100 application fee credit for Global Entry or TSA Pre✓®

How to Earn Points Fast

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    Chase Sapphire Reserve
    Apply for Chase Sapphire Reserve
  • Spend $4,000 in first 3 months. You get 50,000 bonus points if you spend $4,000 in the first 3 months of account opening. Here are some ideas to meet that high minimum spend.

  • Plan some trips. You get 3x points on travel purchases immediately after earning your $300 travel credit. You don't even necessarily need to go anywhere far. Chase also considers things like taxis, highway tolls, parking garages, trains, rideshares (like Uber), and campsites as travel expenses.

    I frequently travel internationally. This year, I will have been in Europe three times in three months. I chose Chase Sapphire Reserve specifically because there were no foreign transaction fees and because of the way their Ultimate Rewards program works. You earn 3X points on worldwide travel plus they give you a $300 annual travel credit. It has certainly allowed me to take more international trips.

    Dana Freeman, editor, Dana Freeman Travels

  • Treat yourself to food. You also get 3x points on all dining purchases worldwide. This includes fast food places, sit-down restaurants, bars, cafes, ice cream parlors, etc. However, some merchants that sell food within it (like a café within a grocery store or department store) will usually not count.

  • Shop through Chase. Chase has an Ultimate Rewards shopping portal where you can earn bonus points for every $1 spent. There are over 200 popular stores. They offer anywhere from 2 - 20x points per $1.

  • Refer friends. Love your Sapphire Reserve? Refer your friends and family and earn bonus points for each successful referral. You can get 10,000 points for each friend who gets approved, up to 50,000 a year.

  • Shop through Chase Pay. Chase also has a Chase Pay mobile app. It makes checking out easier at partner merchants (including Starbucks and Best Buy). Once a while, Chase will give you bonus points when you buy through Chase Pay at certain retailers.

How to Redeem Chase Sapphire Reserve Points

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Your rewards come in the form of Ultimate Rewards points. Ultimate Rewards is one of the best and most flexible credit card reward programs. You can redeem points to:

  • Book travel (1.50 cents/point). When you use your Sapphire Reserve points to book travel on the Chase travel portal, they're worth 50% more value (10,000 = $150). You can use your points for either all or a portion of your trip. You can book on any airline for any seat with no blackout dates.

  • Transfer to airline and hotel partners (varies). Another option is to transfer your points 1:1 to Chase's transfer partners, such as United, Southwest, and Hyatt. Depending on how you redeem, this could give you more value for your points.

  • Get cash back (1 cent/point). Redeem your rewards for cashback in the form of statement credit or direct deposit into your bank account. You'll need at least 2,000 points to convert them to cash.

  • Exchange for gift cards (1 cent/point). Or get gift cards from popular retailers. You can choose from over 150 popular stores and restaurants. Gift card amounts vary by merchant, but most start at either 1,500 points for $15 or 2,500 points for a $25 gift card.

  • Buy an experience (1 cent/point). You can also trade in your points for an experience. This can include sporting events, entertainment, and exclusive dining events with renowned chefs. But events are limited and are only in certain cities.

  • Checkout on Amazon (0.8 cent/point). If you link your Chase card and your Amazon account, you can use your points to checkout. But this isn't the best redemption option, as your points have less value. It's better to buy an Amazon gift card with your points.

  • Check out on Chase Pay (0.8 cent/point). You can use your points on the Chase Pay app to checkout at partner merchants. Your points are redeemed automatically as statement credit.

Bottom Line

Chase Sapphire Reserve is one of the best travel cards on the market. The card offers great travel perks and valuable travel redemption options. Frequent travelers will find that the rewards and benefits justify the high annual fee.

Keep in mind: You get a $300 annual travel credit. It's automatically credited to your account when you make a travel purchase.

Next Step: View the issuer's official application, terms, and details

Editorial Note: This content is not provided by Chase. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Chase. This site may be compensated through the Advertiser's affiliate programs.

Disclaimer: This content was first published on April 8, 2018. This content may have been updated on October 24, 2018. Information including APR, terms and benefits may vary, be out of date, or not applicable to you. Information is provided without warranty. Please check Chase website for updated information.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. This site may be compensated through the Advertiser's affiliate programs.

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Chase Sapphire Reserve
Apply for Chase Sapphire Reserve
At Chase's Secure Site
  • Earn 50K bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Named "Best Premium Travel Credit Card" for 2018 by MONEY® Magazine
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
  • Up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Go to issuer's official application, terms, and details
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
N/AN/A
17.99% - 24.99% Variable
$450

Compare Chase Sapphire Reserve to:

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The Platinum Card® from American Express

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American Express® Gold Card


Chase Sapphire Preferred

Travel credit cards are a smart way to earn flights and hotel stays. Our favorite is the Chase Sapphire Preferred® Card because of its bonus point offer and premium travel benefits. Read on to see if the annual fee is worth it for you.
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