Compare the Features and Benefits of Chase Sapphire Reserve for Business℠ and
Chase Sapphire Reserve®

💳 This card earns Chase Ultimate Rewards points. Chase often runs transfer bonuses where you can get even more points when you transfer to airline or hotel partners at designated times. Transfer bonuses are awesome. Get 20%, 30%, 40% or more bonus miles when you transfer points at the right times. But they are easy to miss!

You can see all past Transfer Bonuses from Chase Ultimate Rewards here.

Even better? Get notified when a new transfer bonus comes out and again before it ends (either or both, your choice). Sign up for free alerts right here. 🔔

The Chase Sapphire Reserve for Business is clearly marketed at very high spending businesses that value the benefits and statement credits on offer. That’s why it has a high spending pay-in-full limit that also has Flex for Business, a credit line which allows payments over time with interest.

If you need a less powerful but still amazing Chase Business credit card, you can still get the Chase Ink Business Preferred® card with just a $95 annual fee.

However, I want to highlight one underrated feature that sets this card apart for any business owner with a super high level of ad spend. I want to highlight that the card earns 3X points on social media and search engine advertising. Before you say “so does the Chase Ink Business Preferred® card!,” let me remind you that the Ink Preferred is capped at $150,000 a year on all 3X spend combined.

If you spend a million dollars a year (and I know many small growing businesses that spend in the millions on social media and search engine advertising), you are earning 3 million Chase Ultimate Rewards points which we value at 1.75 cents per point due to the power unlocked with their airline and hotel transfer partners. So using our valuation, $1MM in annual spend on this category is worth $52,500 a year in rewards value. Now to be clear that is an average value for your points, but this card has Points Boost where you can redeem at 2 cents a point for a variety of (always changing) luxury oriented air and hotel redemptions in the Chase Travel℠ portal. Used that way, $1MM in social media and search engine advertising is worth $60,000 in Points Boost travel.

That’s, well, insane…. and if you are a high spender in those categories, you’ll probably want this card now before I go further.

Let’s say that’s not your reason, though.

When you look at the features and benefits outlined above, it’s easy to see how this card provides great value for the right small business owner. The $300 annual travel credit is valid on any travel and is therefore extremely easily used. That brings it down to a level where you are looking at $95 more in value to break even or come out ahead – maybe way ahead. We firmly believe that high annual fees are simply an opportunity to see if you can get more value from the fees – with minimal effort – than you are paying. And the annual fee on a small business card should be a deductible expense for your business (not financial advice).

It’s hard to see not being able to get $100 from the bi-annual $50 credit for GiftCards.com, for example. Between that and the $300 travel credit, we are only looking to offset $395 more to make the annual fee worth it.

I’ll make it simple: look at the Unique Card Benefits section and Annual Statement credits sections above, add to that the lounge access for your and 2 guests, and see if you are ahead before breaking out a pen and paper. If so, this card is a match for you. If you really struggle to see what you’d use, then maybe not…

But don’t forget the bonus categories. In addition to the 3X on social media and search engine advertising purchases, you’re getting 4X on airfare and hotels booked directly. That’s the highest multiplier we know of for a business card when booking directly in these categories. And if you don’t mind booking via Chase Travel, then it’s even better with all travel earning 8X points.

Here’s a reminder on where you can transfer your Ultimate Rewards points besides redeeming via Chase Travel / Points Boost:

The bottom line is this card is packed with opportunities to absolute crush it in value whether through the bonus categories, card benefits, and statement credits. If this card is for you, you already know it.

Note that you cannot product change into this card from any other Chase card. You can only apply outright.

This card is also mentioned in the article Business Credit Cards That Don’t Report to Personal Credit Bureaus.

💳 This card earns Chase Ultimate Rewards points. Chase often runs transfer bonuses where you can get even more points when you transfer to airline or hotel partners at designated times. Transfer bonuses are awesome. Get 20%, 30%, 40% or more bonus miles when you transfer points at the right times. But they are easy to miss!

You can see all past Transfer Bonuses from Chase Ultimate Rewards here.

Even better? Get notified when a new transfer bonus comes out and again before it ends (either or both, your choice). Sign up for free alerts right here. 🔔

The Chase Sapphire Reserve® is a luxury travel card legend – there’s no doubt about that.

The 2025 refresh, however, with the increase in fee to $795, makes this a must have for some, but not all, travelers. It remains one of the strongest travel credit cards on the market, competing with the Capital One Venture X and The Platinum Card® from American Express.

Whereas the older version of the card was more about simplicity, the new version packs in $2,700 in annual total value for the $795 annual fee. But that doesn’t mean you’ll use all of that value.

My baseline assumption is that everyone that is interested in this card will use the $300 travel credit, the same as always – applied towards absolutely any travel including parking.

Then there is the $300 annual dining credit. While that is $150 bi-annually, it seems ridiculously easy to dine twice a year at restaurants that are part of Sapphire Reserve Exclusive Tables. You don’t even have to book via the program. The card will know the restaurant participates and give you the credit. I feel like this applies to a majority of the target market for this card which I believe skews towards those in or near urban/suburban locations.

So in two lines, we see $600 in statement credits out of a $795 annual fee.

But of course there’s much more to the card than those two credits!

If you use even one $250 credit for the Edit, you are ahead.

If you use the Chase Sapphire lounges or Priority pass a few times a year with the most generous guest access policy around at 2 guests, you are ahead.

If you have a Travel Planner plan even one trip a year, you are ahead.

If you like live events and use the two StubHub credits ($150 bi-annually), you are ahead.

And finally, let’s revisit the bonus categories for spend.

• 8X points on all Chase Travel purchases, replacing 5x points on flights and 10x points on hotels and car rentals booked through Chase Travel
• 4X points on flights and hotels booked direct, replacing 3x points on all travel
• 3X points on dining

Keep in mind that only hotels booked through The Edit℠ will confer full hotel loyalty program benefits – status honored, benefits honored, elite night credits earned, and loyalty points earned. Other hotel bookings will not.

With that said, if you book a lot of travel and are willing to book via Chase Travel, then 8X on all travel is pretty amazing! And even if you don’t, 4X on hotels booked direct are at the top of the market and 4X on airfare is second only to the Platinum Card® from American Express.

I think that for some, those bonus multipliers will result in mountains of earned points – but, certainly, for others the spend level might not be enough to make that up.

And so I’m back where I started. Assuming you will use the $300 travel credit and the $300 “Sapphire Reserve Exclusive Tables” dining credit, all you have to do is look up at the benefits and statement credits and find more than $195 in additional value for the card to pay for itself.

If it doesn’t? Then it may not be the right card for you. We have plenty of other great transferable points based rewards travel cards in our Card Explorer!

Either way, hopefully you have all the information you need to make an informed decision.

Eligibility

You can now hold both the Chase Sapphire Preferred® and the Chase Sapphire Reserve® card. Finally!

However, the bonus will be subject to eligibility rules which will determine if you are eligible or not. You will be notified during the application process if you are not eligible for a bonus offer and given the choice to continue the application or cancel the application with no impact to your credit score.

You must also be under 5/24.