Chase Sapphire Reserve Benefits Guide: Travel, Earn, and Redeem

The Chase Sapphire Reserve is a premium credit card that offers a wide range of benefits for travelers. With a $450 annual fee, it's a significant investment, but the rewards and perks can be substantial.

You can earn 3X points on travel and dining purchases, and 1X point on all other purchases. This means you'll earn a lot of points quickly, especially if you use the card for travel and dining expenses.

The card also comes with a $300 travel credit, which can be redeemed for travel-related expenses like flights, hotels, and car rentals. This can help offset the annual fee and make the card more affordable.

One of the most valuable benefits of the Chase Sapphire Reserve is the 50% points redemption bonus. This means that when you redeem your points for travel, you'll get 50% more value than if you redeemed them for cash or other rewards.

The Chase Sapphire Reserve rewards program is incredibly flexible, offering a high redemption value per point. You can redeem your points for travel through the Chase Travel portal, which is worth 1.5 cents each.

To maximize your rewards, take advantage of your welcome bonus, which can be redeemed for $900 in travel bookings through the Chase Travel portal. You can also transfer your points to participating airline or hotel loyalty programs, such as World of Hyatt, Air Canada Aeroplan, and United MileagePlus.

You can earn bonus points on certain purchases, including 5x points on groceries between May 1 and June 30, 2020, up to $1,500 per month. Additionally, you can earn 10x points on hotels and car rentals booked through Chase Travel, 10x points on Chase Dining, and 5x points on flights booked through Chase.

Here are some ways to redeem your points:

You can also redeem your points for 1 cent each as statement credits or cash back, which can be taken as a statement credit or via check or ACH transfer.

You can redeem your points for cash back, and it's a great way to get value out of your rewards.

One cent per point is the standard redemption rate for cash back, which means you can get a dollar back for every 100 points you have.

You can take your cash back as a statement credit, or you can opt for a check or ACH transfer.

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Spending rewards on the Chase Sapphire Reserve comes as Chase Ultimate Rewards points, which offer a great deal of flexibility and a potentially high redemption value per point.

You can earn 10X points on hotels and car rentals booked through Chase Travel, 10X points on Chase Dining, 5X points on flights booked through Chase, and 3X points on travel and dining purchases.

The Chase Sapphire Reserve has a welcome bonus of 60,000 points, which can be redeemed for $900 in travel bookings through the Chase Travel portal.

To maximize your rewards, consider combining your Chase Sapphire Reserve with another Chase credit card that earns Ultimate Rewards points. This can increase the value of your rewards by 50 percent if you book travel through the Ultimate Rewards portal or redeem your rewards for statement credits through the Pay Yourself Back program.

You can also use the Chase trifecta - strategically combining cards like the Chase Sapphire Reserve, Chase Freedom Unlimited, and Ink Business Cash Credit Card - to take serious advantage of everything Chase Ultimate Rewards has to offer.

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Here are some categories where you can earn extra points:

You'll get a statement credit of up to $100 to cover the application fee for TSA PreCheck, Global Entry or NEXUS every four years.

With the Chase Sapphire Reserve, you can enroll in Priority Pass Select at no cost, giving you access to over 1,000 lounges in more than 500 cities worldwide.

Cardholders also have access to Chase Sapphire Lounges, with locations in Hong Kong International Airport, Boston Logan International Airport, and Austin-Bergstrom International Airport.

The Priority Pass membership that comes with the Chase Sapphire Reserve is far more valuable than even the most expensive Priority Pass membership you can purchase, offering unlimited lounge access for yourself and two guests.

You'll save money with the Chase Sapphire Reserve Priority Pass membership, especially if you travel with a partner and child, as you'll only pay $27 extra for a third person, compared to $64 if you purchased a membership.

You can enjoy discounts at participating airport restaurants, like those in the US, where you'll get $28 to $32 off your bill per person for up to two people, just by showing your Priority Pass membership and a same-day boarding pass.

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You'll appreciate the extra peace of mind that comes with the Chase Sapphire Reserve's purchase and return protection. You're covered against theft or damage for up to 120 days, with a maximum of $10,000 per item and $50,000 per year.

If you need to return an item but the store won't take it back, you can get reimbursed through Chase. This coverage lasts for 90 days after purchase, with a maximum of $500 per item and $1,000 per year.

Here's a breakdown of the key details:

You can rest assured that your purchases are protected with your card. Purchase protection covers theft or damage for up to 120 days, with a maximum limit of $10,000 per item and $50,000 per year.

This protection is available for new purchases made with your card, and it's a great peace of mind knowing that you're covered in case something goes wrong.

If you're returning an item and the store won't take it back, you might be able to get reimbursed through your card's return protection. The coverage is good for 90 days after purchase, up to $500 per item and $1,000 per year.

Here are some key details about purchase protection:

With purchase protection, you can have confidence in your purchases and enjoy the freedom to shop with peace of mind.

If you're worried about making a big purchase, Chase's "Pay Over Time" feature can be a lifesaver. It lets you break purchases of $100 or more into smaller, fixed payments.

You can set up a plan with no interest accrued, but you'll still pay a monthly fee to access the program. This fee is a trade-off for the convenience of not having to pay the full amount upfront.

To qualify, your purchase must be $100 or more, and you'll have to set up a plan to break it down into manageable chunks. This way, you can pay off your purchase over time without breaking the bank.

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Removing unwanted items from your purchase can be a hassle, but it's a necessary step in getting what you actually want. If you're not satisfied with your purchase, you can return or exchange it within the store's return window, which is usually 30 days.

Some items, like clothing, can be easily returned or exchanged, but others, like electronics, may require a restocking fee or have specific return procedures. For example, electronics often require a receipt and may need to be in their original packaging.

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You can also remove items from your purchase by canceling your order before it ships. This is usually possible within a certain timeframe, such as 24 hours, and can be done online or by contacting customer service.

If you're unsure about the return or exchange process, it's always a good idea to check the store's return policy or contact customer service for clarification.

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Trip Delay insurance is a valuable perk that can save you a lot of money and stress if your trip is delayed. I was reimbursed over $500 from two separate Trip Delay insurance claims last year.

The coverage varies depending on your credit card. For example, the Ink Business Preferred Credit Card and Chase Sapphire Preferred Card cover delays of 12+ hours or requiring an overnight stay.

Some credit cards, like the Chase Sapphire Preferred Card, will only cover expenses for delays that are 12+ hours long or require an overnight stay.

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You can get reimbursed for expenses like ground transportation, lodging, food, and incidentals with these cards.

The Chase Sapphire Reserve's Trip Delay coverage is more useful, covering delays of six hours or more, or ones that require an overnight stay.

This means you can get reimbursed for the same $500 per ticket, but with a wider range of eligible delays.

Here are some examples of what's covered with Trip Delay insurance:

The Chase Sapphire Reserve offers a range of protection and insurance benefits to give you peace of mind while traveling. You can take advantage of roadside assistance benefits, which can save you money on annual fees with programs like AAA.

One of the most valuable benefits is the auto rental collision damage waiver, which provides primary coverage for theft and collision damage for most rental cars in the US and abroad. This means you can decline the rental company's collision insurance and still be covered.

The card also offers trip cancellation and interruption insurance, which will reimburse you up to $10,000 per person and up to $20,000 per trip for prepaid, non-refundable travel expenses. This includes airfares, tours, and hotels.

Here are some of the key protection and insurance benefits of the Chase Sapphire Reserve:

Having a credit card with no foreign transaction fees can be a lifesaver when traveling abroad. No foreign transaction fees mean you won't be charged extra for purchases made outside the U.S.

Purchases made with a card like the Chase Sapphire Reserve don't incur foreign transaction fees. This applies to purchases made when you're traveling internationally and to purchases made in a foreign currency from the U.S.

You save 1 to 3% of the total purchase amount on fees by using a card with no foreign transaction fees. Foreign transaction fees could be an unpleasant surprise, but with the Chase Sapphire Reserve, you can avoid them.

Make sure to pay in local currency when using a credit card with no foreign transaction fees outside of the U.S. You'll usually get a more favorable conversion rate from Chase than from the bank that is processing the payment.

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Protection is a top priority when traveling, and the right credit card can provide you with peace of mind. The Chase Sapphire Reserve card offers a range of protection benefits that can help you navigate unexpected events.

With this card, you're covered for trip delay reimbursement of up to $500 per ticket if your travel is delayed more than six hours or requires an overnight stay. This can help you cover expenses like meals and lodging.

You can also rely on the card's lost luggage reimbursement, which provides up to $3,000 of coverage per passenger if your checked or carry-on luggage is damaged or lost by the airline. This benefit applies to the cardholder and immediate family members.

The Chase Sapphire Reserve card also offers trip cancellation and interruption insurance, which can reimburse you up to $10,000 per person and up to $20,000 per trip for prepaid, non-refundable travel expenses. This includes airfares, tours, and hotels.

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If you need to cancel a trip at the last minute due to an illness, you'll be eligible to be reimbursed for non-refundable travel expenses. This benefit can be a lifesaver in unexpected situations.

To make the most of these protection benefits, it's essential to use your Chase Sapphire Reserve card to pay for your travel expenses, including award tickets booked with points and miles. This ensures that you're covered even when booking travel with rewards.

Here are the key protection benefits offered by the Chase Sapphire Reserve card:

Extended warranty protection is a valuable benefit that comes with using a certain type of card.

It extends the warranty coverage by one additional year on original eligible warranties of three years or less.

This means you get extra peace of mind knowing your purchases are covered for a longer period.

The protection is capped at $10,000 per claim, so you're not over-insured.

Some items, like aircraft, boats, cars, or other motorized vehicles, aren't eligible for extended warranty protection.

Used items or items purchased for resale also don't qualify for this benefit.

This is something to keep in mind when making purchases with this type of card.

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Accidents can happen anywhere, and having the right protection can make all the difference. With the Chase Sapphire Reserve, you're eligible for accidental death or dismemberment coverage of up to $500,000.

This coverage includes loss of speech, sight, or hearing experienced on a covered trip. The cardholder and their immediate family members are covered, even if they're not traveling together.

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The Chase Sapphire Reserve is a premium credit card that offers a wide range of benefits beyond its exceptional travel perks.

You'll enjoy additional benefits like trip cancellation insurance, which can provide financial protection in case your trip is cancelled or interrupted.

Trip delay insurance is another valuable benefit, covering you in case your trip is delayed due to unforeseen circumstances.

With the Chase Sapphire Reserve, you'll also get purchase protection, which can refund or replace items that are damaged, stolen, or lost within a certain timeframe.

This feature can give you peace of mind when making purchases, especially for expensive or valuable items.

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You'll get a statement credit of up to $100 every four years to cover the application fee for TSA PreCheck, Global Entry or NEXUS. This credit can be a huge time-saver and stress-reducer when going through airport security.

TSA PreCheck gets you access to expedited airport security lines, making your travel experience much smoother. You can use an expedited security line when flying with any of 60+ eligible airlines.

Normally, TSA PreCheck costs $85 and Global Entry costs $100, but if you pay either of those fees with your Chase Sapphire Reserve, the fee will be reimbursed up to $100. This means you'll get to enjoy the benefits of expedited security lines without the extra cost.

Both TSA PreCheck and Global Entry are valid for five years, and the credit replenishes every four years, so you'll never have to pay for these programs again as long as you keep your Sapphire Reserve card.

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The Luxury Hotel Collection is a treasure trove of benefits for Chase Sapphire Reserve cardholders. You can enjoy special perks at over 1,000 hotels and resorts worldwide through The Edit, a hand-selected group of properties.

Daily breakfast for two is just the beginning - you'll also get complimentary Wi-Fi, room upgrades when available, early check-in and late checkout, and a special benefit unique to each property. This could be a spa package, restaurant credit, or gift card.

One of the best things about The Edit is that it's a curated collection of high-end properties, so you can expect a luxurious experience. The Royal Hawaiian, a Luxury Collection Resort, Waikiki is part of The Edit, and cardholders staying there can enjoy daily breakfast for two, free Wi-Fi, and more.

To take advantage of these benefits, you need to book your stay through The Edit or the Luxury Hotel & Resort Collection program and pay for your stay with your Chase Sapphire Reserve. This will give you access to a range of perks, including:

With the Chase Sapphire Reserve, you'll have access to a range of benefits that make traveling and dining a breeze. You can earn 10 points per dollar for prepaid dining booked through Chase Dining.

One of the most exciting benefits is the Reserved by Sapphire program, which offers exclusive chances to book reservations at high-demand restaurants. This program is available starting late 2021.

You'll also get 12 months of free Instacart+, which gives you access to free delivery on orders over $35, a 5% credit back on all eligible pickup orders, and reduced service fees. Additionally, you'll receive a $15 monthly Instacart credit and a $10 monthly GoPuff credit.

Here are some of the key food delivery and rideshare benefits you can expect with the Chase Sapphire Reserve:

Food delivery is a game-changer for busy people. With the right credit card, you can earn rewards and save money on your favorite takeout.

The Chase Sapphire Reserve card offers a 12-month free Instacart+ subscription, giving you access to free delivery on orders over $35, a 5% credit back on all eligible pickup orders, and reduced service fees. This is a huge perk for those who order groceries or household essentials online.

You'll also get a $15 monthly Instacart credit, which can be used towards your Instacart purchases each month. This is a great way to save money on your regular grocery runs.

DoorDash is another popular food delivery service that's partnered with the Chase Sapphire Reserve card. You'll get complimentary access to DoorDash's subscription service, DashPass, for 1 year (when activated before Dec 31, 2027). This includes unlimited deliveries with no delivery fee, as well as reduced service fees on orders over $12.

Here's a breakdown of the food delivery benefits offered by the Chase Sapphire Reserve card:

These benefits can add up to significant savings and rewards for frequent food delivery users.

If you're a Chase Sapphire Reserve cardholder, you're in luck when it comes to Lyft rideshare benefits. You can earn 10 points per dollar when using your card with Lyft through March 2025.

Lyft Pink is a valuable perk for Reserve cardholders, offering 5 percent off Standard and XL rides, free priority pickups, relaxed cancellation options, and more members-only savings.

One of the best perks of Lyft Pink is its free priority pickups, which can save you time and hassle. This benefit is especially useful during peak travel seasons or when you're in a hurry.

Lyft Pink also offers relaxed cancellation options, allowing you to cancel your ride with more flexibility. This can be a lifesaver if your plans change unexpectedly.

Here are the key benefits of Lyft Pink:

As a Reserve cardholder, you can also get a complimentary two-year Lyft Pink All Access membership, which has a minimum value of $199 per year. This is a significant perk, especially if you use Lyft frequently.