Chase Sapphire Reserve Benefits: Chase Sapphire Reserve is a premium credit card offered by Chase Bank, known for its exceptional benefits and rewards program. The card has gained a lot of popularity in recent years due to its generous perks, including travel benefits, statement credits, and more. In this blog, we’ll take a closer look at some of the key benefits that come with the Chase Sapphire Reserve.
One of the biggest selling points of the Chase Sapphire Reserve is its travel benefits. Cardholders receive a $300 annual travel credit that can be used towards any travel-related expenses, including flights, hotels, rental cars, and more. Additionally, cardholders receive access to over 1,000 airport lounges worldwide through the Priority Pass Select program. This is a great perk for frequent travelers, as it allows you to relax in comfort while waiting for your flight.
Another travel benefit of the Chase Sapphire Reserve is trip cancellation and interruption insurance. If your trip is canceled or cut short due to a covered reason, such as illness or severe weather, you may be reimbursed up to $10,000 per person and $20,000 per trip. This provides peace of mind knowing that you’re covered in case of an unexpected event.
The Chase Sapphire Reserve also has a generous rewards program that allows you to earn points on every purchase. Cardholders earn 3x points on travel and dining purchases, and 1x points on all other purchases. Points can be redeemed for travel through the Chase Ultimate Rewards portal at a rate of 1.5 cents per point, which means that 100 points are worth $1.50 when redeemed for travel.
Additionally, if you book travel through the Chase Ultimate Rewards portal using your points, you’ll receive a 50% bonus on the value of your points. This means that your points will be worth 1.5 cents per point instead of 1 cent per point, giving you even more value for your rewards.
The Chase Sapphire Reserve also offers statement credits for certain purchases. Cardholders receive a $100 credit towards the application fee for Global Entry or TSA PreCheck, which can help expedite your time at the airport. Additionally, cardholders receive a $60 DoorDash credit that can be used towards food delivery orders. This credit is divided into $10 increments each month for six months, so you’ll receive a new credit each month.
Overall, the Chase Sapphire Reserve is an excellent credit card for those who travel frequently and enjoy dining out. Its travel benefits, rewards program, and statement credits make it an attractive option for those looking to earn valuable rewards while also receiving excellent perks. Keep in mind that the card does come with a high annual fee of $550, so it may not be the best choice for everyone. However, if you can take advantage of the benefits and rewards offered by the card, it can be a great addition to your wallet