CreditDonkey is a credit card comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Updated October 24, 2018

Chase Sapphire Reserve Rewards Guide

Editorial Note: This content is not provided by the card issuer. Opinions expressed here are author's alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer.
This article contains references to products from our partners. We receive compensation if you apply or shop through links in our content. You help support CreditDonkey by reading our website and using our links. (read more)

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

© CreditDonkey

    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

© CreditDonkey

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.

More from CreditDonkey:


Chase Sapphire Reserve Review


Chase Sapphire Reserve Benefits


Chase Sapphire Reserve Credit Score

More Articles in Reviews

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:

Compare Chase Sapphire Reserve vs Chase Sapphire Preferred

Chase Sapphire Preferred® Card

Compare Chase Sapphire Reserve vs American Express Platinum

The Platinum Card® from American Express

Compare Chase Sapphire Reserve vs American Express Gold Card

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.

    Beginner's Guide to Airline Miles and Points

    Learn how airline miles work and 10 steps that you should follow to start collecting travel rewards. Before long, you'll be well on your way to redeeming miles for free flights and hotel rooms.

    Study: Credit Cards for International Travel

    The best credit cards for international travel have no foreign transaction fees, chip technology and worldwide acceptance. But what's the right travel card for you?

    Airline Rewards

    The best airline credit card racks up miles fast with reasonable fees and amazing rewards.

    Credit Card Bonus Offers

    Looking for a new credit card? Earn extra cash, reward points, and airline miles with these bonus offers for new customers.

    No Foreign Transaction Fee Credit Cards

    Most credit cards tack on a 3% charge, or foreign transaction fee, on purchases made outside the United States. If you travel internationally with a no foreign transaction fee credit card, you'll save money on your purchases.

    JetBlue Baggage Fees

    JetBlue offers straightforward pricing and baggage policies. Here's what you need to know for your next trip.

    United Baggage Fees

    It's hard to keep up with all the changes around baggage fees. Here's all you need to know about United's baggage fees.

    Southwest Baggage Fees

    Southwest prides itself on providing customers lots of extras without the extra costs. Here's what you need to know for your next flight on Southwest.

    American Airlines Baggage Fees

    Planning travel with American Airlines? Learn the luggage fees before you take off to avoid unpleasant surprises. We breakdown how much you'll pay and the best ways to save.

    Alaska Airlines Baggage Fees

    Like most major airlines, Alaska Airlines charges for checked bags - here's what you need to know before you fly.
    N534NK Spirit Airlines Airbus A319-132

    Spirit Airlines Baggage Fees: How to Avoid Fees

    Spirit can be a great budget airline if you know how to avoid the (many) fees. Here is everything you need to know about Spirit fees and ways to save.

    Priority Pass: What You Need to Know

    Priority Pass offers access into 1,000+ airport lounges globally. Learn about the different membership levels and how you might get it for free.

    Best Chase Ultimate Rewards Transfer Partners

    Find the best way to use each Chase transfer partner. Read this to maximize the value of your Ultimate Rewards points.

    Global Entry: What is it and How to Get it for Free

    Thinking of applying for Global Entry? Here's what you need to know about it, including how you might get it for free and application requirements.

    23 Best Ways to Use Chase Ultimate Rewards

    Redeem Chase Ultimate Rewards points for the most value. This guide highlights some of the best redemption opportunities with Chase points and airline transfer partners.
    B737

    How to Earn United Miles Fast

    You don't need to fly a lot to earn a TON of United miles. Read on for 15+ smart ways to earn United miles fast.

    14 Best Ways to Use United Miles

    Redeem United MileagePlus miles for the most value. This guide highlights some of the best award redemption opportunities with United miles.

    Chase Credit Limit Increase

    Need a higher credit limit on your Chase card? It's easier than you think. Here are the different ways you can get a credit line increase.

    How to Earn Southwest Points Fast

    You don't need to fly much to earn a TON of Southwest points. Read on for 10+ ways to earn Southwest Rapid Rewards points.

    Chase 5/24 Rule: What You Need to Know

    Applying for a new Chase card? Not so fast. The 5/24 rule can make you ineligible. Learn what the Chase 5/24 rule is and which credit cards are impacted.
More Articles in Reviews

Learn more about Travel, Airline and Hotel cards:

Credit Cards for International Travel


Airline Miles for Beginners


Hotel












About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.