Sapphire Reserve for Business℠
Sapphire Reserve for Business℠
Annual fee: $795
Current welcome offer
Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening.
My Take
I'll be upfront: I hold this card for Vacation Pointers, and I opened it when it launched. So I have real skin in the game here — and real opinions.
The Chase Sapphire Reserve for Business℠ is the most powerful card in the Chase business ecosystem, and it's the one I'd build around if you're a business owner who travels regularly and is serious about maximizing points. At $795 a year, the annual fee is significant — but before you close the tab, let's talk about the welcome offer first, because it changes the math dramatically.
The current elevated offer is 200,000 bonus points after $30,000 in purchases in your first 6 months. That's a rare return of the launch offer — and at roughly 2 cents per point in travel value, that's potentially $4,000 in travel from the welcome bonus alone. This is one of those offers where I'd encourage you to use the benefits calculator on this page to figure out how much ongoing annual value you'd get on top of that — because for many business owners, the card essentially pays for itself year after year before you even factor in the points.
Here's what I think makes this card especially important right now: the Chase to Hyatt transfer ratio recently changed on both the Chase Sapphire Preferred and the Ink Preferred, dropping from 1:1 to 4:3. The Sapphire Reserve for Business still transfers to Hyatt at 1:1. If you're a Hyatt loyalist — and with Ross holding Globalist, we absolutely are — this card is now one of the best cards in the Chase lineup for protecting your Hyatt point value.
The earning structure is excellent for business owners who use Chase Travel. 8x on Chase Travel purchases (including The Edit) and 4x on flights and hotels booked directly is genuinely competitive with anything on the market. And 3x on social media and search engine advertising is a category that most business card issuers completely ignore — but if you're running ads for your business, that's a real differentiator.
The lounge access is premium: Chase Sapphire Lounge by The Club (named Best Credit Card Lounge Network in 2026 by The Points Guy), plus 1,300+ Priority Pass lounges worldwide — all with two complimentary guests. The business credits (ZipRecruiter, Google Workspace, DoorDash) won't appeal to everyone, but if they align with spending you're already doing, they go a long way toward offsetting the annual fee.
My honest bottom line: if you're a business owner who travels, uses Chase Travel, values Hyatt transfers at 1:1, and can put $30,000 on the card in six months — this is the card to get right now while the elevated offer is live.
How to Earn Rewards
Benefits
- Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening
- Earn 8x points on all purchases through Chase Travel, including The Edit
- Earn 4x points on flights and hotels booked directly with airlines and hotels
- Earn 3x points on social media and search engine advertising
- Earn 5x points on Lyft rides through 09/30/2027
- Earn 1x points on all other purchases
- $300 annual travel credit — automatically applies to any eligible travel purchase each anniversary year
- $500 annual credit for stays with The Edit — up to $250 per transaction, two-night minimum required; maximum of $250 per transaction
- $250 credit for select Chase Travel hotel bookings through 12/31/2026 — prepaid stays at IHG, Montage, Pendry, Omni, Virgin Hotels, Minor Hotels, and Pan Pacific; two-night minimum required
- Access to Chase Sapphire Lounge by The Club network with two complimentary guests
- Access to 1,300+ Priority Pass airport lounges worldwide with two complimentary guests
- Access to select Air Canada Maple Leaf Lounges and Air Canada Cafés with one complimentary guest (departing same-day boarding pass on any Star Alliance member airline required)
- IHG One Rewards Platinum Elite status through 12/31/2027
- $400 annual ZipRecruiter credit (up to $200 January–June, up to $200 July–December)
- $200 annual Google Workspace credit
- $420 DoorDash value — complimentary DashPass membership ($120 value) through 12/31/2027, plus up to $300 in monthly DoorDash promos through 12/31/2027
- $120 annual Lyft credit ($10/month) through 09/30/2027
- $100 annual curated gift card credit at giftcards.com/reservebusiness (up to $50 January–June, up to $50 July–December)
- $120 Global Entry, TSA PreCheck, or NEXUS fee credit every four years
- Unlock at $120,000 annual spend: World of Hyatt Explorist status, IHG Diamond Elite status, $500 The Shops at Chase credit, $500 Southwest Airlines Chase Travel credit, and Southwest A-List status
- 1:1 point transfer to leading airline and hotel loyalty programs
- Employee cards at no additional cost (lounge access benefits not available for employee cardmembers)
- Visa Infinite Concierge — 24/7 assistance for dining, entertainment, and travel booking
- Sapphire Reserve Exclusive Tables — priority access to primetime reservations at 300+ top restaurants on OpenTable
- Trip cancellation and interruption insurance — up to $10,000 per covered traveler, $20,000 per trip
- Trip delay reimbursement — up to $500 per covered traveler for delays of 6+ hours
- Baggage delay insurance — up to $100/day for up to 5 days for delays of 6+ hours
- Lost luggage reimbursement — up to $3,000 per covered traveler
- Emergency evacuation and transportation — up to $100,000
- Emergency medical and dental — up to $2,500, subject to $50 deductible
- Travel accident insurance — up to $1,000,000
- Auto rental coverage — primary when renting for business purposes, up to $75,000
- Cell phone protection — up to $1,000 per claim, max 3 claims per 12-month period, $100 deductible
- Purchase protection — up to $10,000 per item for 120 days
- Return protection — up to $500 per item, $1,000 per 12-month period
- Extended warranty protection
- No foreign transaction fees
- A Pay in Full card with Flex for Business built-in flexibility
Is This Card Right For You?
✓ Best for
Business owners who travel frequently and book through Chase Travel
Anyone in the Chase ecosystem who wants to maximize 1:1 Hyatt transfers
Business owners who run social media or search engine advertising
Those who want the most premium lounge access available on a business card
Business owners building a Chase trifecta with the Ink Cash and/or Ink Unlimited
✗ Not ideal for
Business owners who travel rarely and won't use the lounge or travel credits
Those who can't comfortably hit the $30,000 spend requirement for the welcome offer
Anyone who has previously held this card (lifetime welcome offer language applies)
Business owners who prefer a simpler no-annual-fee card strategy
Is This Card Worth It For You?
Enter how much of each benefit you'll realistically use to see your personal value.
Offer History
he Chase Sapphire Reserve for Business launched in June 2025 with a 200,000-point welcome offer after $30,000 in purchases in 6 months. That offer was reduced to 150,000 points after $20,000 in 3 months in January 2026.
The 200,000-point offer has now returned as an elevated limited-time offer — the same launch offer that made this card one of the most talked-about business cards of 2025. If you've been waiting to apply, this is the moment. The welcome offer is not available if you have ever previously held this card.
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The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.
