How to Make the Most of Chase Sapphire Reserve

Chase Sapphire Reserve's annual fee is steep, but you get a lot in return.
Gregory Karp
By Gregory Karp 
Edited by Kenley Young
How to Make the Most of Chase Sapphire Reserve

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The Chase Sapphire Reserve® is a premium card with a massive slate of cardholder goodies. They include a drool-worthy sign-up bonus, ample spending rewards, a suitcase full of premium travel perks, travel credits worth hundreds of dollars annually and many lesser-known gems.

The list of benefits and rewards is dizzying — and you pay a hefty annual fee of $550 to get them. That makes it crucial to extract as much value from the card as possible. Making the most of the Chase Sapphire Reserve® means taking full advantage of the perks it provides, as well as accumulating and spending rewards wisely. Here's how to do that.

Earn the sign-up bonus

Chase Sapphire Reserve Credit Card
NerdWallet rating 

When you're approved for any new credit card, you want to meet the requirements to collect its sign-up bonus. This is especially important with the Chase Sapphire Reserve® because the bonus unlocks much of the card's overall value.

So you’ll want to use the card heavily at first. For many people, that means using it for everyday spending and large purchases. Big spenders who can meet the threshold easily might use it more strategically by spending mostly in the bonus categories of dining and travel. Just make sure you hit the required spending level by the deadline.

Balance transfers don’t count toward the required spending — and the card is a poor choice for balance transfers anyway, with no intro APR period and a fee of either $5 or 5% of the amount of each transfer, whichever is greater. The ongoing APR is 22.49%-29.49% Variable APR.


Heads up! For a limited time, both the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® are offering elevated sign-up bonuses that can be worth more than $900 for the Preferred card and more than $1,100 for the Reserve. Learn more and apply here.

Rack up rewards points

The rewards on the Chase Sapphire Reserve® encourage you to keep using the card long after you've pocketed the bonus.

The card gives you unusually good rewards in two popular categories: travel and restaurants, which earn 3 Chase Ultimate Rewards® points per $1 spent. If you book through Chase, you can earn even more: 5 points per dollar spent on air travel and 10 points on hotels, car rentals and Chase Dining. It gives 1 point per $1 spent on other purchases. Points can be worth 1.5 cents apiece or more, depending on how you redeem them, so never miss an opportunity to earn bonus rewards.

  • Triple points for travel doesn't apply just to airfare and hotels. Use the card for other expenses that qualify as travel, such as taxi rides, train fares, even parking lots and garages. Gas doesn't count as travel, however.

  • Triple points for dining out means the Chase Sapphire Reserve® should always be the card you hand to the waiter. Fast food and fast casual qualify, too.

Also, through March 2025, the card earns an industry-leading 10 points back on Lyft rides. That's an incredible rate, so make sure you set your card as your default Lyft payment in the app.

Use the travel credit

The Chase Sapphire Reserve® is a general travel credit card that doesn’t require loyalty to a specific airline or hotel chain. That makes using its $300 annual travel credit much easier.

The card's daunting downside, the annual fee of $550, becomes much easier to stomach if you know you'll use the travel credit. That lowers the effective cost of the card to $250 per year.

Travel reimbursement is granted annually based on your cardholder anniversary. Unused credit doesn't carry over from year to year. Chase applies the credit automatically to your travel purchases, essentially erasing the first $300 worth each year. The credit applies to the same kinds of purchases that qualify for triple points as travel.

Redeem points for travel through Chase

Chase offers multiple ways to use your rewards points — cash back or gift cards at a rate of a penny per point, for example. But most aren't as valuable as using them to book travel through the Chase portal. There, points are worth 1.5 cents each, or 50% more than their cash value.

That means the rewards rate you earn by using the Chase Sapphire Reserve® on dining and travel effectively jumps from 3% to 4.5% if you spend points by booking travel through Chase. And spending on everything else returns 1.5%, putting it on par with some of the best flat-rate rewards cards.

When booking travel through Chase, there are no flight blackout dates.

If you do just three things — earn the sign-up bonus, use those points to book travel through Chase and use your annual travel credit — you've essentially covered the annual fee for years.

Transfer points for more value

One option for redeeming your points is more limited but could yield even better value than booking through Chase: transferring points to a partner airline or hotel loyalty program.

You can transfer Chase Ultimate Rewards® points to one of Chase’s partner airlines or hotel loyalty programs at a 1:1 rate.

For example, say you found a $500 United Airlines flight for 25,000 miles at You could convert 25,000 Chase Ultimate Rewards® points into 25,000 United miles and then pay for the ticket with them, giving you a redemption rate of 2 cents per point. That's higher than the 1.5 cents per point you get for booking the same flight through the Chase travel portal.

Transfer partners are:



🤓Nerdy Tip

In general, cheaper flights and hotel stays favor redeeming points through the Chase travel portal. Pricier ones, such as first-class airline bookings, are usually a better deal if you transfer points. You'll have to do the math to be sure. The price divided by the points needed will give you the per-point value.

Max out the food delivery perks

In January 2020, Chase announced a partnership with food delivery platform DoorDash. Holders of the Chase Sapphire Reserve® will receive an annual $60 DoorDash credit in 2020 and 2021. The credit will work similarly to the travel credit in that you'll be automatically reimbursed on your statement up to $60 per calendar year when you place an order through the DoorDash app. You can use your $60 in one fell swoop or space the credit out any way you'd like.

You'll also get a free DashPass subscription for at least a year if you activate it by Dec. 31, 2021. A DashPass subscription includes no delivery fees on orders that total over $12, but you'll still be responsible for service fees and gratuities. If you use the service regularly, you could potentially save an average of $4 to $5 per order, according to DoorDash.

Avoid other redemption options

You can also redeem points for cash starting at 2,000 points ($20) with a statement credit or electronic deposit into a checking or savings account. That's not terrible, but not as lucrative as redeeming for travel.

Gift cards are available but aren't a deal unless they're offered at a discount, making your points worth more than a penny each. Using points for Amazon shopping is an even worse deal; points there are worth 0.8 cent each.

Capitalize on other travel perks

The Chase Sapphire Reserve® includes other perks that add value:

  • Lounge access: Be sure to activate your included membership in Priority Pass Select, which gives you access to more than 1,000 airport lounges worldwide. To find a lounge at airports you frequent, see the list. Cardholders also have access to Chase's Sapphire Lounges, though they are currently only available in a couple of locations.

  • NEXUS, Global Entry or TSA Precheck: The card will reimburse you the application fee for Global Entry or TSA Precheck, programs that give you access to special — and often speedier — lines at airport security and customs. The fee is $50 for NEXUS, $100 for Global Entry and $78 for TSA Precheck. You are reimbursed for one of the three. All programs are good for five years, and you're eligible for reimbursements once every four years — presumably so you can reapply before your membership in a program expires. You must charge the application fee to the Chase Sapphire Reserve®, and you'll receive a statement credit automatically.

  • Rental car discounts: Discounts are available when booking with the card at National Car Rental, Avis and Silvercar. You'll also get primary rental collision insurance for up to $75,000 for theft and collision damage in the U.S. and abroad if you decline the rental company's collision insurance and charge the cost of the rental to your card. Some exclusions apply.

  • Hotel perks: Chase promises special benefits if you book your hotel stays through the Luxury Hotel and Resort Collection program, Benefits vary by hotel but could include a room upgrade, breakfast and early check-in and late checkout. And, if you book 3 or more nights at a participating sbe Hotel, you'll receive the fourth night free, a $30 hotel credit and other extras.

  • Other benefits: The card has no foreign transaction fees and includes travel and purchase protections, travel assistance and concierge service. Many of these perks stem from the card being on the Visa Infinite platform.

  • Lyft discounts and perks: Through March 2025, the Chase Sapphire Reserve® gives cardholders 10 points per $1 spent on Lyft rides.

Team it with a different card

The bonus categories on the Chase Sapphire Reserve® are good for earning Chase Ultimate Rewards® points, but if you're willing to use a complementary card in tandem, you can rack up points even faster.

Two good choices from Chase also earn Chase Ultimate Rewards® points, which you can transfer to the Chase Sapphire Reserve® and redeem for travel at the higher rate.

The Chase Freedom Flex℠ earns 5% back in rotating bonus categories on up to $1,500 in spending per quarter after activation (1% back on non-bonus-category purchases).

The Chase Freedom Unlimited® earns 5% cash back on travel purchased through Chase; 3% back at restaurants; 3% back on drugstore purchases; and 1.5% on all other non-bonus-category purchases.

Chase markets these as cash-back cards, but they earn rewards in points you can transfer to the Chase Sapphire Reserve®.

Chase Freedom Unlimited Credit Card
NerdWallet rating 

So, for example, if department stores are a quarterly bonus category for the Chase Freedom Flex℠, you'll earn 5 points per dollar spent instead of 1 point, at least up to the Chase Freedom Flex℠ spending limit of $1,500 per quarter.

Then, to get the most of those points, you could transfer them to your Chase Sapphire Reserve® account and book travel through Chase, getting a reward boost equivalent to a 7.5% return.

🤓Nerdy Tip

The Chase Sapphire Reserve® is an enhanced version of the popular Chase Sapphire Preferred® Card, which has similar but less lucrative features and a lower annual fee of $95. Still, we think most people will find the Chase Sapphire Reserve® earns its keep.

How to redeem rewards on the Chase Sapphire Reserve®

To redeem your points:

  1. Log on to your Chase account.

  2. Select "Ultimate Rewards” at the bottom left, and select the card you want to access. If you have several Chase cards, they’ll all be displayed together.

  3. Choose how you’d like to use your points.

The Chase Sapphire Reserve® has oodles to offer frequent travelers, but it's worth getting only if you can extract enough value from rewards and perks to outweigh the annual fee. If you make the most of the card, you will do just that.

Chase Cards from our Partners
Chase Freedom Unlimited Credit Card

on Chase's website

Chase Freedom Unlimited®
NerdWallet Rating
Rewards rate


Enjoy 5% cash back on travel purchased through Chase Travel, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.


Intro offer

Up to $300

Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!

Chase Sapphire Preferred Credit Card

on Chase's website

Chase Sapphire Preferred® Card
NerdWallet Rating
Rewards rate


5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases.


Intro offer


Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's over $900 when you redeem through Chase Travel℠.

Chase Freedom Flex

on Chase's website

Chase Freedom Flex℠
NerdWallet Rating
Rewards rate


Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Earn 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases.


Intro offer


Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.

See more Chase cards

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