* Suggested credit score ranges for credit cards are supplied by QuinStreet, not from the issuers, and are guidelines, not a guarantee of approval.
Chase announced a new benefit for Chase Sapphire Reserve® and Chase Sapphire Reserve for Business℠ cardholders effective today, but be aware that it is tied to spend.
First, you’ll need to spend the following, based on card:
Chase Sapphire Reserve®: $75,000 in annual spend
Chase Sapphire Reserve for Business℠: $120,000 in annual spend
Cardmembers who qualify can activate the Explorist status by linking their World of Hyatt membership in their benefits portal. Once activated, Explorist status is available for the remainder of the calendar year in which a cardmember qualifies through the following year.
Chase Sapphire Reserve®
(4.5) Our Review
Limited Time Offer:
Earn 150,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.
Last Chance! Ends by 9 AM EST on 6/15/2026
- Earns extremely valuable Chase Ultimate Rewards points
- Chase Sapphire Lounge by the Club and Priority Pass Select airport lounge access for you and 2 guests, including Priority Pass Experiences
- The potential for more than $3,000 in annual value in benefits and statement credits.
- Earns extremely valuable Chase Ultimate Rewards points
- Chase Sapphire Lounge by the Club and Priority Pass Select airport lounge access for you and 2 guests, including Priority Pass Experiences
- The potential for more than $3,000 in annual value in benefits and statement credits.
Pros
- Aside from a $300 annual credit on travel, you'll earn up to 8X on all travel purchases made via Chase Travel℠
- Chase Sapphire Lounge by the Club and Priority Pass Select airport lounge access for you and 2 guests, including Priority Pass Experiences
- The potential for more than $3,000 in annual value in benefits and statement credits.
Cons
- High annual fee
- Not as many bonus categories as some other cards
- If booking travel directly (rather than via Chase Travel℠), 4X bonus categories are limited to Airfare and Hotels booked directly but not all travel.
-
4x-8x
Airfare
-
4x-8x
Hotels
-
3x
Dining Out / Food Delivery
-
1x-8x
Car Rentals
-
1x
Everything Else
This compliments other similar loyalty program benefits that already exist on the cards wherein Chase Sapphire Reserve® cardmembers who spend $75,000 each calendar year also receive IHG One Rewards Diamond Elite Status, Southwest Airlines® A-List Status and a $500 Southwest Airlines credit when booked through Chase Travel as well as a $250 statement credit to The Shops at Chase.
And, Chase Sapphire Reserve for Business℠ cardmembers who spend $120,000 each calendar year also receive IHG One Rewards Diamond Elite Status, Southwest Airlines A-List Status and a $500 Southwest Airlines credit when booked through Chase Travel, plus $500 statement credit to The Shops at Chase.
Chase Sapphire Reserve for Business℠
(4.5) Our Review
- Up to $2,500 in annual value from benefits and statement credits
- Airport lounge access for you and up to two guests at both Chase Sapphire lounges and Priority Pass lounges
- Too many benefits and statement credits to list! It comes with IHG Platinum status for a start…
- Up to $2,500 in annual value from benefits and statement credits
- Airport lounge access for you and up to two guests at both Chase Sapphire lounges and Priority Pass lounges
- Too many benefits and statement credits to list! It comes with IHG Platinum status for a start…
Pros
- Up to $2,500 in annual value from benefits and statement credits
- Airport lounge access for you and up to two guests at both Chase Sapphire lounges and Priority Pass lounges
- Too many benefits and statement credits to list! Comes with IHG Platinum status for a start…
Cons
- Very high annual fee
- Only one business related (non-travel) bonus category
-
5x
Lyft
-
4x-8x
Airfare
-
4x-8x
Hotels
-
3x
Advertising on Search Engines and Social Media
-
1x-8x
Car Rentals
-
1x
Everything Else
Obviously, everyone will wish that you could get Globalist from spend on these cards (me too!) but I can also appreciate World of Hyatt being protective of that very top tier. A while back we covered at MilesTalk a new arrangement between the Venetian Rewards program in Las Vegas and World of Hyatt for casino members to receive World of Hyatt based on tier, and their highest published tier received Explorist with Hyatt as well. Only their “invite only” level gamblers were given Globalist.
So, what do you think? Let’s discuss in the MilesTalk / Your Best Credit Cards Facebook Group!