6 Best Benefits of the Chase Sapphire Reserve

Key Chase Sapphire Reserve benefits protect your travel investments and make your trip experiences more comfortable.
Aug 19, 2022

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

The premium Chase Sapphire Reserve® may come with a hefty $550 annual fee, but if you travel often, the benefits it offers can far exceed the cost.

The card's welcome offer alone is worth more than the $550 annual fee: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

Additionally, the annual $300 travel credit to use toward everything from airline tickets to hotels and taxi fares also offsets the card fee and brings it down to just $250.

Here are other valuable benefits of the Chase Sapphire Reserve® and why it might be worth a spot in your wallet.

Best Chase Sapphire Reserve perks

1. Bonus points maximize travel-related purchases

The other thing that sets this card apart for travelers is that it comes with bonuses for both travel purchases and redemptions.

Chase Sapphire Reserve® holders earn 3x for dining and travel purchased outside the Chase Ultimate Rewards® portal — two categories that add up fast for road warriors. And when Chase Ultimate Rewards® points are redeemed for travel through the Chase portal, they get a 50% bonus, making each dollar spent worth 1.5 points. Purchases in the portal are even more lucrative: You'll earn 5x points on air travel and 10x points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards®.

That means every $10,000 worth of travel and dining expenses charged on the card will earn at least 30,000 in points. And those 30,000 points can buy $450 worth of travel for Chase Sapphire Reserve® holders through the portal.

You can also transfer points earned on other cards in the Chase Ultimate Rewards® family to the Chase Sapphire Reserve® to take advantage of the booking bonus.

2. Frequent flyers get helpful benefits

Travelers also love the complimentary Priority Pass Select lounge pass that provides access to over 1,000 lounges worldwide. Complimentary food and beverages can keep airport expenses down, and scoring a shower during a layover on a long flight can be priceless.

Miles and points enthusiasts also like the fact that the Chase Ultimate Rewards® program transfers to other airline and hotel loyalty programs at a 1:1 rate. Depending on the price of the ticket or stay, and how many points it costs, you may get more value per Chase Ultimate Rewards® point. Partners include United, Southwest, British Airways, Marriott, Hyatt and others.

Overseas travelers can also save on foreign transaction fees. That can add up as the normal fee is up to 3% of the cost of the transaction.

The card also comes with an application fee credit of up to $100 for Global Entry, TSA PreCheck or NEXUS card trusted traveler programs that help travelers skip the long lines at airport security and border crossings.

3. A safety net in an emergency

The Chase Sapphire Reserve® is also good in an emergency. It is a Visa Infinite card, so in addition to the benefits of Visa Signature cards it also offers travel insurance.

Visa Signature benefits include rental car insurance, travel and emergency assistance, emergency card replacement and emergency cash disbursement. Those additional benefits can offer tremendous value when things go wrong.

4. Food delivery and ride share partnerships

Chase has partnerships with ride-sharing service Lyft and food delivery platform DoorDash. The new benefits specifically for holders of the Chase Sapphire Reserve® are:

Door Dash

  • No delivery fees for a minimum of one year on qualifying food purchases with a DashPass subscription from DoorDash. Orders must be placed with DashPass-eligible restaurants and total $12 or more. You must activate this offer with your card by Dec. 31, 2024. You'll also get $5 in monthly in-app credit from April 2022 through December 2024. You can accrue up to $15 in credit before it expires.


  • Earn a total of 10x the points on your Chase Sapphire Reserve® when you ride with Lyft through March 2025.

  • Get a free one-year membership to Lyft Pink when you activate. Lyft Pink is a membership program that offers 15% off car rides, priority airport pickups, relaxed cancellations and other perks.

5. Several ways to earn travel points

Cardholders can earn 5x total points on air travel and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually.

Helpfully, you'll also earn 3x points on other travel and dining and 1 point per $1 spent on all other purchases.

6. Extensive list of transfer partners

As a transferable point currency, Chase hosts several transfer partners across airlines and hotels, giving cardholders the chance to better optimize points for the best deals. That said, some Chase transfer partners are better than others. Get the lowdown here.

Top benefits of the Chase Sapphire Reserve, recapped

If you don’t currently have another premium travel card offering some of these benefits and you haven’t run afoul of the Chase 5/24 rule, which allows you to apply for only five credit cards in the past two years, this card is definitely worth getting for the welcome bonus alone. Since Chase Ultimate Rewards® don’t expire and can be used for travel in so many ways, you can save them for when you need them most.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2022, including those best for:

Get more smart money moves – straight to your inbox
Sign up and we’ll send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money.