Chase Sapphire Reserve for Business℠ Review

Overview

The Chase Sapphire Reserve for Business is Chase's premium business travel card, at a $795 fee, with an enormous welcome bonus, strong travel and dining earning, lounge access, and transferable Ultimate Rewards. It is essentially the business counterpart to the personal Reserve, aimed at companies with real travel spend.

Like any card at this price, the value depends on using the perks and hitting the substantial spending requirement, but the transferable points and lounge access give it real appeal for a traveling business owner.

Our 4.0 out of 5 rating

Each score weighs the rewards rate, value after the annual fee, welcome offer, points flexibility, and perks, with every point valued at a flat 1 cent. This is our editorial assessment to help you compare cards, not a guarantee of approval or of the value you will get.

Rewards: how it earns

You earn 4x on travel and dining and 1x elsewhere, in transferable Ultimate Rewards, plus lounge access and premium travel perks. It is a travel-first earner, and the points' transferability is what gives it an edge over a co-brand business card.

Every point and mile above is valued at a flat 1 cent, the same honest standard we use for every card. Run your own spending through the calculator to see what this card would actually return for you.

Pros and cons

The welcome bonus

The welcome bonus is enormous: 200,000 points after $30,000 in six months, worth well over $2,000 and far more through transfers. That is a massive haul, but it requires serious spending to unlock.

Is it worth the annual fee?

The $795 fee comes with lounge access and travel perks that offset part of it, but only if you use them, and the large welcome-spend requirement means this suits a business with real travel volume. Used fully, it can pencil out; if not, it is an expensive card.

First-year value vs ongoing value

The welcome bonus makes year one the high point: roughly $2,271 in value once you count the bonus, this card’s rewards, and its credits, minus the $795 fee. After that, the honest figure is about $271 a year, so judge whether it earns its keep on the ongoing number, not the first-year headline.

*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent, on average spending.

Benefits and protections

Beyond the rewards, the perks and protections worth knowing about include:

• $300 annual travel credit (auto-applied to travel purchases)
• Global Entry or TSA PreCheck application fee credit
• 1:1 point transfer to 14 airline and hotel partners
• Primary rental car coverage for business and personal use
• Trip cancellation/interruption insurance up to $10,000 per person
• Cell phone protection up to $1,000 per claim
• Employee cards at no additional cost
• No foreign transaction fees
• Purchase protection and extended warranty

Lounge access

This card includes airport lounge access. Here is exactly what you get, including the Priority Pass distinctions that vary by card:

• Priority Pass Select: unlimited visits to 1,300+ airport lounges worldwide (lounge access only; no Priority Pass restaurants)
• Unlimited access to Chase Sapphire Lounge by The Club locations
• Up to 2 guests free, then $27 per guest, per visit

Statement credits

• $300 annual travel credit (auto-applied to travel purchases)
• Global Entry or TSA PreCheck fee credit (~$100)

Ecosystem and transfer partners

The Chase Sapphire Reserve for Business℠ earns Ultimate Rewards, one of the more valuable currencies in rewards because of where the points can go. You can move points 1 to 1 to 8 airline and hotel partners: United Airlines, World of Hyatt, Southwest Airlines, British Airways, Air France/KLM, Singapore Airlines, Air Canada, and Virgin Atlantic. As a hub card, this is the one you route points through before transferring out. The sweet spots are usually premium-cabin flights and high-end hotel nights, where a single point can be worth well more than the 1 cent we value it at here.

Airline partners: United Airlines, Southwest Airlines, British Airways, Air France/KLM, Singapore Airlines, Air Canada, Virgin Atlantic.

Hotel partners: World of Hyatt.

See the full Chase ecosystem →

Who should get it, and who should skip it

If your business spends heavily on travel and dining and you will use the lounge access, this card delivers, the transferable points and that giant welcome bonus make year one especially strong.

If your travel spend is light, the fee and spending requirement are hard to justify, and a cheaper Ink card keeps you in the same points ecosystem. This is a card for traveling businesses.

How it compares

If the Chase Sapphire Reserve for Business℠ is not quite the right fit, these related cards are worth weighing against it:

Frequently asked questions

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