Bank of America® Customized Cash Rewards vs Chase Sapphire Reserve®
Side-by-side comparison
| Bank of America® Customized Cash Rewards | Chase Sapphire Reserve® | |
|---|---|---|
| Annual fee | No annual fee | $795 |
| Welcome offer | $200 online cash rewards bonus | 100,000 Ultimate Rewards® Points |
| Dining | 3x | 3x |
| Groceries | 2x | 1x |
| Gas | 3x | 1x |
| Travel | 3x | 4x |
| Streaming | 1x | 1x |
| Everything else | 1x | 1x |
| Est. yearly rewards* | $491 | $406 |
| Points type | Cash back only | Transfers to airlines & hotels |
| Network | Visa | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of household spending, the Bank of America® Customized Cash Rewards earns about $491 a year in rewards and the Chase Sapphire Reserve® about $406, valuing every point at a flat 1 cent. The Bank of America® Customized Cash Rewards has no annual fee, so its rewards are all profit. The Chase Sapphire Reserve® charges $795, but carries about $2,108 in annual statement credits that offset it for anyone who uses them. Counting rewards, fees, and any credits, the Chase Sapphire Reserve® delivers more total value, about $174 a year more for a typical spender, mostly because it earns more where you spend most, on travel. The bigger difference is the ceiling: the Chase Sapphire Reserve® earns points you can move to travel partners for outsized value, while the Bank of America® Customized Cash Rewards pays plain cash back. Favor the Chase Sapphire Reserve® if you will use travel transfers, the Bank of America® Customized Cash Rewards if you want simplicity. On the sign-up bonus, the Chase Sapphire Reserve® currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Bank of America® Customized Cash Rewards if your spending leans toward groceries, gas. Pick the Chase Sapphire Reserve® if your spending leans toward travel.