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The Chase Sapphire Reserve® is one of the most popular premium travel rewards cards on the market. With exciting benefits like a $300 travel credit (which can be used on gas station and grocery store purchases through June 30, 2021), $120 in statement credits for a Peloton digital membership (through Dec. 31, 2021), 10x points on Lyft, 3x points on dining worldwide (including takeout and delivery), 3x points on global travel immediately after earning the $300 travel credit, TSA PreCheck or Global Entry fee credit, and complimentary Priority Pass membership, there are plenty of reasons why this card is considered one of the best.

The only catch is not everybody qualifies and there’s a hefty $550 annual fee (which is easily offset by the numerous perks).

Another reason why people don’t qualify besides not having the credit score needed for the Chase Sapphire Reserve is because of the Chase 5/24 rule. If you’re unsure about your credit score, you should check your credit for free before applying. You may also consider the lower annual fee ($95) sister card, the Chase Sapphire Preferred® Card, and the credit score needed for the Preferred.

You can read our comparison of the Chase Sapphire Reserve vs Chase Sapphire Preferred for more details.

Lyft benefits are some of the perks select Chase cards have to offer. Credit: Lyft

Chase Sapphire Reserve Credit Score Needed for Approval

Chase doesn’t publish a specific minimum credit score requirement to be approved for the Chase Sapphire Reserve®. However, we do know you will need to have excellent credit.

Reports from Successful Applicants

Editor’s Note: The reviews below may no longer be applicable as Chase has increased the credit score needed for the Chase Sapphire Reserve. 

“At the time of my approval, my credit karma scores were; 663 T/U and 678 EQ. I was NOT approved right away as I got the screen that stated my application needed to be reviewed and I’d hear back from them within 7-10 days with a decision. This was on Friday (6/16/17)…My card arrived on Wednesday (6/21/17) via UPS Express.

The welcome letter provided me with my Transunion FICO score, which at the time was 629.”

SoThankful215

“My TU and EQ scores were both around 750 when I applied for both CSP and CSR. The CSR credit limit increased my credit score to 760. About 90k yearly income and less than 4 yr total credit history.”

ihearthummus

“My FICO score at the time was 733. This card is a VISA Infinite card so the minimum credit limit you will get is $10K, the Chase Sapphire Preferred is a VISA Signature card and the minimum credit limit you will get is $5K. As soon as I hit the $4K spend, the 100,000 points showed up on the Chase online portal.”

Toasty1221

Other Factors Chase Sapphire Reserve Approval Considers

A high credit score alone will not guarantee that Chase will approve your Sapphire application. They also look at several other factors, although, their exact selection algorithm is a closely guarded secret.

Chase 5/24 Rule

The Chase policy that declines the application of many applicants with excellent credit is the 5/24 policy. If you have been approved for at least five credit cards, even as an authorized user, within the most recent 24 months, your application to the Chase Sapphire Reserve will automatically be declined.

While you do not find anything referring to the 5/24 rule on Chase’s website, it exists. It applies to many of the Chase native and co-branded cards including the Chase Sapphire Preferred® Card and the Southwest Airlines personal and business credit cards.

If you fall under this rule, save yourself the hard pull for when you can get approved for the Sapphire Reserve. Or, apply for another premium travel rewards card that doesn’t have this rule like The Platinum Card® from American Express. You can learn more about this benefit-rich alternative option in our in-depth Amex Platinum review.

Other Credit Accounts

In addition to the recent credit card applications, Chase will also look at your other open credit accounts. This includes the length you have owned your oldest credit cards or your loans. A high debt-to-income ratio can affect your approval chances and even your credit limit if you’re approved.

Being a current Chase customer can also help improve your approval odds if the 5/24 rule doesn’t apply. Being a Chase banking or credit card customer allows Chase a peek into your financial habits and can help them determine if you will be a reliable cardholder.

Chase Sapphire Reserve Income

Chase also considers your income in the selection process. A higher-income can boost your approval chances, especially if your credit score is on the low-end of the approval spectrum.

Chase Pre-approval

Another way to see if you automatically qualify for the Chase Sapphire Reserve® is checking your Chase Pre-Qualified Offers. Do not despair if you do not see the Chase Sapphire Reserve on the list.

Enjoy the Chase Sapphire Reserve

Many travelers love the Chase Sapphire Reserve and often considered it one of the best, if not the best, travel rewards card in the industry. Of course, this largely depends on your travel preferences and how you plan to use your credit card.

With the Chase Sapphire Reserve, you earn three points per dollar on dining purchases. You’ll also earn 3x points on travel immediately after earning your $300 travel credit. Very few rewards cards offer higher purchase reward rates on these categories.

In addition to the purchase rewards, the Sapphire Reserve also has a robust redemption program. Points are worth 1.5 cents each when you book award travel directly through Chase. Most credit card rewards programs have a maximum value of 1.0 cents per point. The difference adds up quickly. Every 10,000 points are worth $150 with the Sapphire Reserve and $100 with other rewards cards. Unless you earn more in purchase rewards (i.e. greater than three points per dollar), it’s hard to beat the Sapphire Reserve.

A second flexible redemption option with the Sapphire Reserve is the option to transfer your points on a 1:1 ratio to Chase Ultimate Rewards partners. This can be a great way to secure discounted partner flights, top off your current award balance with a partner loyalty program or book award travel for a lower price than the Chase travel portal offers.

These Chase Sapphire Reserve benefits are in addition to the $300 annual travel credit, Global Entry/TSA PreCheck application fee reimbursement, and complimentary airport lounge access.

Bonus Benefits for 2020 and 2021

Chase has added several bonus benefits for cardholders during the challenging 2020 year. Many benefits extend until at least the spring of 2021.

Gas station and grocery store purchases will also count towards earning the annual $300 travel credit, through June 30th, 2021.

Additionally, through April 30, 2021, cardholders automatically earn 3x points per $1 spent at grocery stores, up to $1,000 per month.

Cardholders can also earn up to $120 in statement credits on Peloton Digital and All-Access Memberships through December 31, 2021.

This is in addition to the complimentary DoorDash DashPass subscription that lets cardholders get unlimited deliveries with a $0 delivery fee and reduced service fees. They also earn up to $120 in statement credits on DoorDash purchases ($60 in statement credits through 2020 and another $60 in statement credits through 2021).

Sapphire Reserve cardholders earn 10x points on Lyft rides, including bikes and scooters. Complimentary Lyft Pink Membership is also available when activated by March 21, 2022.

Points are worth 50% more through April 30, 2021, when redeemed for statement credits against existing purchases in select, rotating categories with the Chase Pay Yourself Back feature.

Points are also worth 50% more when redeemed through the Chase Dining hub in Ultimate Rewards, now through April 30, 2021.

Summary: Credit Score Needed for Chase Sapphire Reserve

The Chase Sapphire Reserve® is a high-class travel rewards card with a high annual fee.

Having an excellent credit score greatly increases your instant approval chances. Your approval chances can increase if you have an existing relationship with Chase or a responsible track record with another credit card with a high credit limit. Remember, if you currently don’t qualify for the Chase Sapphire Reserve, don’t be afraid to try again in the future.

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Johnny Jet Editorial
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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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