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Editor’s Note: Some of the offers below may have expired or are no longer available on our site. 

EDIT: Chase is devaluing the benefits of the Sapphire Reserve in the coming months which makes the Sapphire Preferred and Amex Platinum even more desirable.

One of the primary reasons you travel with a premium travel card is for the benefits. The Chase Sapphire Reserve® benefits are some of the best in the travel rewards industry. While you can also earn points on travel purchases and get a better award travel redemption rate than most travel rewards cards, rewards points are not the only reason you might carry the Chase Sapphire Reserve in your pocket.

Chase Sapphire Reserve Purchase Rewards

While the Chase Sapphire Reserve® benefits are definitely the yang, the purchase rewards are the yin to making the Sapphire Reserve is an awesome travel rewards card. You earn three points per dollar spent on dining purchases. You’ll also earn 3x points on travel once you earn your $300 travel credit. Plus, you earn one point per dollar on all other purchases.

You can also earn a sign-up bonus of 50,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards®. This is because each point is worth 1.5 cents each on award travel booked on the Chase Ultimate Rewards Mall. Or, you can transfer your points on a 1:1 basis to 11 airline and hotel travel partners.


Transferring Ultimate Rewards points to travel partners can be rewarding.

With a value of 1.5 cents apiece, you will have a hard time finding a more valuable reward point. Every 10,000 points redeemed is worth $150 in award travel whether it is plane tickets, hotel nights, cruise reservations, or paid excursions. Other flexible travel rewards cards might offer the highest redemption value for plane tickets or a flat redemption value of one penny ($0.01) per point.

Annual $300 Travel Credit

If you could only use one word to describe the Sapphire Reserve, it would have to be flexibility. Each year, you receive a $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year. Unlike the Platinum Card from American Express that only reimburses you for Uber rides and incidental airline fees like checked bags and in-flight purchases from a single carrier, Chase will apply the travel credit to the cost of airfare, hotel nights, or any other travel expense that can earn three points in purchase rewards.

Complimentary Airport Lounge Access

You also gain complimentary access to the Priority Pass Select airport lounge network that has over 1,000 worldwide locations. With each Priority Pass lounge visit, you can enjoy free wi-fi, snacks, and beverages that will make you never want to pass a layover in the terminal again.

Global Entry Credit

Another nice Chase Sapphire Reserve benefit is the application fee credit when you apply for Global Entry or TSA Precheck. That is a savings of $100 every five years. And, you get to skip the long security lines and body scanners in the process.

Global Entry can save you time!

Hotel Perks

You won’t receive upgraded membership status to any particular hotel brand, but, you are eligible for complimentary room upgrades, meals for you and a guest, early check-in or late check-out, and additional amenities, discounts, and credits from the Luxury Hotel & Resort Collection.

Or, you can also enjoy fast-track access to Club 5C status with Relais & Chateaux after spending two nights within the first 12 months by paying with your Sapphire Reserve.

VIP Event Access

One benefit of owning a premium travel credit card is that you get exclusive access to VIP events. Sapphire Reserve members can also get early access to events sponsored by Chase like “eat and greet” dinners with musicians and chefs or on-field experiences at professional sporting events. Sometimes, the best card benefits are the ability to enjoy experiences that very few others can.

Rental Car Benefits

You can enjoy three separate benefits when you pay for a rental car with the Chase Sapphire Reserve®. For starters, you will enjoy elevated benefits with National, Car Rental, Avis, and Silvercar such as free upgrades and car rental discounts.

Does your credit card have roadside assistance?

Save some additional money by declining the collision damage waiver policy offered by the rental car agency. The Sapphire Reserve is one of the very few credit cards that offers primary collision and theft damage coverage. As the coverage is primary, Chase will reimburse the first $75,000 in damage done to the rental vehicle or any other involved vehicles involved. The coverage is good for most makes and models within the U.S. and many foreign countries.

A third benefit is complimentary roadside assistance. Up to four times a year, Chase will cover the first $50 in expenses when you need a tow, jumpstart, or help changing a flat tire. This is one of the few Chase Sapphire Reserve® benefits that are available for rental and personal cars.

Trip Protection Insurance

While this is one card benefit nobody wishes to use, it is nice to have. If your travel plans get interrupted or canceled, Chase will reimburse you up to $10,000 prepaid non-reimbursable travel expenses. It can be used for tours, hotels, or passenger fares.

Chase will also reimburse you up to $500 per ticket for essential expenses like food and lodging when your common carrier travel is delayed at least six hours or requires an overnight stay. And, if your baggage gets delayed, lost, or damaged by the carrier, you will also be reimbursed up to $3,000 per passenger.

If you have a medical emergency once you begin your trip, Chase will cover up to $2,500 for medical and dental expenses if you or an immediate family member need medical attention. And, they will reimburse up to $100,000 for an emergency evacuation if necessary.

The trip protection coverage does not have a “cancel for any reason” policy.

Purchase Protection

For non-travel purchases, Chase offers up to $10,000 per claim when an item is damaged or stolen within the first 120 days. You can also be reimbursed up to $500 per item if the price drops within 90 days or the same amount for items ineligible for store returns.

Finally, Chase will automatically extend the warranty on select purchases an additional year on original manufacturer warranties of three years or less.

Summary of Chase Sapphire Reserve Benefits

Many travelers might initially look at the Chase Sapphire Reserve® for the robust $750 sign-up bonus, tiered purchase rewards, and flexible redemption options. The reason they might choose the Sapphire Reserve instead of the Chase Sapphire Preferred is for the benefits. It’s not every day you get a credit card that pays you back to travel, gives you complimentary membership to airport lounges, and other great travel perks.

Learn more on Chase’s secure website: Chase Sapphire Reserve® 

Johnny Jet Editorial

Chase Sapphire Preferred® Card

  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
  • 2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.

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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.

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