Credit Cards » Credit Card Reviews » Chase Sapphire Reserve Credit Card Review 2021
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Chase Sapphire Reserve Credit Card Review 2021

If you spend much of your time traveling and eating out, this is an excellent card offering the best travel rewards in the market. Chase Sapphire Reserve offers a very large sign-up bonus and many travel perks - but also a high annual fee. We've summarized all you need to know.

We may receive compensation from companies that appear on this page. This may impact how and where products appear on a page (including, for example, the order in which they appear). It doesn’t affect our unbiased editors’ opinions. our opinions are our own.

In This Review..

The Chase Sapphire Reserve card is a travel rewards card issued by Chase Bank. This is a premium travel card that offers many benefits that your average reward card does not.

You'll receive 50,000 points after spending $4,000 in the first 3 months of opening the card, which is about $750 in travel rewards if booked through Chase Ultimate Rewards.

In addition, you earn 3 the points when spending on travel or restaurants and 1 point for $1 spent on other purchases. However, you'll be eligible for the 3X points on travel or restaurants just after you receive your first $300 in annual travel bonuses.  There are many other benefits as well as you can read below. 

Chase Sapphire Reserve

On Chase’s Secure Website

Rewards Plan

Up to 3X points for every $1 you spend

Sign up Bonus

50,000 bonus points

0% Intro





16.99% – 23.99%

Annual Fee


Balance Transfer Fee

$5 or 5%

Credit Requirements

Good – Excellent

On the other hand, the main drawback is the highly annual fee which is $550 .

The Chase Sapphire Reserve cardis easy to use and understand unlike many competitors in the high-end luxury card market and built for those road warriors who spend much of the year traveling. 

Card & Issuer Reputation

  • 3.5/5  on WalletHub customer reviews (+200 reviews): WalletHub customer reviews allow customers to post positive, negative or neutral reviews about marketplace experiences.
  • 4.8/5 on Official Card Website customers reviews ( +4,600 reviews): Customers can express their opinion on the official card website. It reflects the overall measurement of reviewer satisfaction, represented numerically from 1 to 5.
  • 809/1000 on J.D Power: Chase got 809 out of 1000 available points on J.D. Power credit card satisfaction survey, a bit lower than the industry average. J.D Power offers the most comprehensive and independent study of customer satisfaction of card issuers . The study aims to help consumers and issuers to understand user opinions and ratings of the largest bands. It covers terms, benefits, services, communication, rewards and more.

J.D. Power U.S. Credit Card Satisfaction Study 2020

In order to avoid bias based on a small number of reviews, we present only ratings with at least 200 reviews.


Let’s take a look at the benefits of the Chase Sapphire Reserve card and see if it’s the right one for your wallet or not.

You can get 50000 points after spending $4,000 in the first 3 months of opening the card. This is about $750 in travel rewards if booked through Chase Ultimate Rewards.

You can earn $300 in annual travel credit for any travel costs used with the Chase Sapphire Reserve card. This annual reward can help offset the annual fee. The $300 bonus is easy to get, all you have to do is spend $300 on travel.

This can include airlines, hotels, Airbnbs, motels, timeshares, campgrounds, car rentals, cruises, buses, trains, Uber and Lyft rides, and parking costs. 

There are no dates when the points cannot be redeemed. They can be redeemed at any time of the year. There is also no expiration or use limits.

You can have access to exclusive airport lounges with the Priority Pass Select membership that comes along with being a Chase Sapphire Reserve card holder. This membership is a $399 annual value.

The Chase Sapphire Reserve card will reimburse your application fee for TSA Precheck or Global Entry once every four years. This cost is usually around $80 to $100.

You earn 3 the points when spending on travel or restaurants. You also earn 1 point for $1 spent on other purchases.

You'll be eligible for the 3 points on travel or restaurants just after you receive your first $300 in annual travel bonuses.

Your points go further when you book through Ultimate Chase Rewards. These rewards include all things travel-related, such as flights, hotels, cruises, and car rentals.

Chase Sapphire Reserve has no transaction fee while traveling in other countries. Many other cards have fees when you make purchases outside of the United States.

Chase Sapphire Reserve card has zero liability, purchase protection, chip-enabled security, and an auto rental collision damage waiver. It also has travel insurance that covers canceled flights and baggage delay insurance for lost luggage reimbursement. 

This card also has roadside assistance, emergency transportation, and emergency medical coverage. These features help give you peace of mind while traveling at home and abroad.


Here are the most important cons you should consider before applying:

Chase Sapphire Reserve has a high $550 annual fee. Many other credit cards do not have annual fees. This fee can be offset with the annual travel reward bonuses. There is a $75 annual fee for each authorized user.

Chase Bank has a well-known rule that does not allow customers to sign up for multiple cards and receive multiple sign-up bonuses within a 24-month period. 

That means some who want to apply for the large sign-up bonus may not be eligible if they have received another Chase card with a sign-up bonus previously.

If you are looking to use some of your reward points on merchandise, be aware that the conversion of points to reward for merchandise is low. The rewards should be used on travel.

This card does not offer an introductory rate like many other credit cards do.

Along with not offering an introductory APR, Chase Sapphire Reserve has a large balance transfer fee of $5 or 5%.

Application Process

Visit the Chase Sapphire Reserve home page, and click on “Apply as a guest”. 

This takes you to a page where you can fill in your personal details. 

You hen choose your statement and communication delivery preference, whether you want it by mail or online. 

Next, take your time to read through the E-sign disclosure and the pricing & terms. Lastly read the certifications, tick the box, and then click “Submit.” 


There are other credit cards that do offer comparable cash back rewards – we’ve summarized the most popular cards which can use as an alternative to the Chase Sapphire Reserve Card:

The Chase Sapphire Credit card is in their top spot in regards to the best traveling and dining cards as they offer you 2X more points compared to other cards. In addition, Chase Bank offers a 25% point’s bonus, whenever you redeem the points for travel.

The card offers a sign-up bonus of 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening . This is equivalent to $750 in travel costs when you redeem your travel rewards.

You shall also 2X on travel and dining at restaurants and 2X points on grocery store purchases (till April 30, 2021 and up to $1,000 in grocery store purchases per month ), 1 point per dollar spent on all other purchases around the world and one point on the dollar on any other purchases. If you use any Lyft rides from now up to March 2022, you shall earn 5X points.

However, with all of these rewards, you should note that the card has an annual fee of $95 . The APR range between 15.99% – 22.99% , depends on your credit worthiness. 

The Black Platinum Card from American Express has a larger sign up bonus than the Chase Sapphire Reserve. It is 70,000 points for spending $5,000 in the first 3 months, which is about $1,000 in rewards. This bigger bonus also comes with a bigger annual fee of $550. 

The Platinum card does come with other annual bonuses such as $200 airline credit, $200 Uber credit, and $100 hotel credit. The Platinum Card also has higher spending rewards – 5 points on all airfare and hotels booked through American Express. All other purchases earn 1 point for every every dollar spent. All points must be redeemed through American Express. 

The Citi Prestige Card is very similar to the Chase Sapphire Reserve. You get 50,000 bonus points at sign up, but with Citi they go a little further and are worth about $500 in rewards.

The Citi Prestige Card offers more points on air travel and dining at 5 points per 1 dollar spent. You can also get 3 points on cruises and hotels. All other purchases are 1 point per 1 dollar spent.

The Citi card has a slightly higher annual fee at $495 . The annual travel credit is smaller, which means you will fork out more for the annual fee. The Citi Prestige Card offers $100 for Global Entry, none for TSA pre-check. 


Is the Chase Sapphire Reserve Card Right for You?

Chase Sapphire Reserve is one of the best travel reward cards for those with excellent credit. It was named Best Premium Travel Credit card in 2018 by Money Magazine. 

If you spend much of your time traveling and eating out, this is an excellent card offering the best travel rewards in the market. Chase Sapphire Reserve offers a very large sign-up bonus and many travel perks. 

The large annual fee may scare off some consumers and this may not be the right travel reward card for those who travel only a couple of times a year. This card is for consumers who do a lot of traveling and that want to maximize rewards.

Credit Card Reviews Methodology

In order to determine the best possible credit cards, we look at things like fees, interest rates and rewards. We do this with companies that are associated with us as partners as well as other offerings. From there, we make a decision about what the best card is related to different categories and needs. We focus on interest rate cost & fees, especially the cost of carrying a balance, rewards – cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely usability – cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting. We also consider customer reviews.

We look at cards related to good or excellent credit ratings that will then provide a range of different benefits and improvements for someone who has these scores. We also look at low fees when it comes to those who have lower credit scores.