Chase Sapphire Reserve for Business
The welcome offer, every credit and its catch, what it earns, the insurance, and whether the $795 fee pays for itself.
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Business travel cards · Chase
Welcome offer
200,000 points
Annual fee
$795
200,000 points after $30,000 in purchases in the first 6 months. Chase shows this as raised from 150,000. The bonus may not be available to anyone who has had this card before, and Chase may also consider factors about the business.
Employee cards: No feeForeign transaction fees: NoneRewards: Chase Ultimate RewardsPayment: Pay in Full, with a Flex for Business line
The Atelier Take
On ordinary business spending it earns about what the $95 Ink Business Preferred does, so the $795 fee has to be repaid by lounges, travel and a handful of business credits.
Who it suits
Owners who travel often, book flights and hotels directly or through Chase Travel, and will use lounge access with two guests. It works best for a business that already pays for Google Workspace and hires through ZipRecruiter.
Who should skip it
Businesses whose spending is mostly shipping, software, dining and everyday purchases, which all earn 1x here. The Ink Business Preferred earns 3x on shipping, internet and phone for $95.
Every credit, and the catch
A $300 travel credit that is easy to use, then a set of hotel, software, hiring and lifestyle credits, most tied to one brand, a half-year window or an end date.
Travel credit
Up to $300 a year
Applies automatically to travel purchases, which then earn no points. The easiest credit on the card.
The Edit hotel credit
Up to $500 a year
Prepaid stays of at least two nights with The Edit through Chase Travel only. Employee cardholders are not eligible, and the credited amount earns no points.
Credit for select Chase Travel hotels
Up to $250 a year
Prepaid stays of two nights or more at IHG, Montage, Pendry, Omni, Virgin, Minor and Pan Pacific hotels through Chase Travel, and it ends December 31, 2026.
Google Workspace credit
Up to $200 a year
Purchases made directly with Google Workspace only, through December 31, 2027.
ZipRecruiter credit
Up to $400 a year
Purchases made directly with ZipRecruiter only, through December 31, 2027. Only useful to a business that is hiring.
Curated gift card credit
Up to $100 a year
Gift cards from a curated collection at giftcards.com/reservebusiness only, through October 31, 2028.
Lyft credit
Up to $120 a year
Rides only, one credit per account each month, and unused months are lost. Through September 30, 2027.
DashPass and DoorDash promos
$120 DashPass + up to $300 in promos
The $10 promos are for groceries, retail and other non-restaurant orders, and unused monthly promos are lost. Promos run through December 31, 2027.
Global Entry, TSA PreCheck or NEXUS
Up to $120 every 4 years
What it earns
Rewards: Chase Ultimate Rewards points, which Chase says transfer 1:1 to leading airline and hotel programs; the partner list and rates are shown inside Ultimate Rewards.
8x
Everything booked through Chase Travel, including The Edit
Not bookings through Frosch or Valerie Wilson Travel
4x
Flights and hotels booked directly
3x
Social media and search engine advertising
From November 15, 2026, on the first $1,000,000 each account anniversary year; 1x after
5x
Lyft rides
Through September 30, 2027
1x
Everything else
Including dining, gas, shipping and software
TPG values Ultimate Rewards points at 2.05¢ each, when transferred to partners. On that basis 4x on direct flights and hotels returns about 8.2¢ per dollar and 3x on advertising about 6.2¢. Points Boost can make points worth up to 2¢ each on selected flights and hotels through Chase Travel. Unlike the personal Sapphire Reserve, there is no dining bonus. Purchases covered by the travel credit and The Edit credit earn no points.
Lounges, status and other benefits
Sapphire Lounges by The Club
Access to Chase Sapphire Lounges with up to two guests free, for the authorizing officer. Employee cardholders are not eligible, but can enter as the officer’s guests.
Priority Pass Select
Over 1,300 airport lounges worldwide with up to two guests; further guests are $27 each. Authorizing officer only.
Air Canada lounges
Select Maple Leaf Lounges and Air Canada Cafés in the U.S., Canada and Europe with one guest, when departing on a Star Alliance flight. Authorizing officer only.
The Edit hotel benefits
On bookings through The Edit: daily breakfast for two, a $100 property credit, a room upgrade and early check-in or late checkout when available, and Wi-Fi.
IHG One Rewards Platinum Elite
Complimentary through December 31, 2027, once the IHG account is linked.
Points Boost
Points can be worth up to 2¢ each on selected flights and hotels booked through Chase Travel.
After $120,000 of spending in a calendar year
World of Hyatt Explorist and IHG Diamond Elite status, Southwest A-List, a $500 Southwest credit through Chase Travel and a $500 credit at The Shops at Chase.
Visa Infinite car rental benefits
Discounts and upgrades with Avis, National and Hertz, and Visa Infinite Concierge.
Will the $795 fee pay off?
Enter what would go on this card. The result values points at TPG’s valuation, adds the credits that would actually be used and, in year one, the welcome offer, then sets the total against a no-fee card that pays 2% back on everything.
1 · Spending on this card
Example figures are filled in; replace them with real ones.
Social media and search engine advertising3x on the first $1,000,000 a year from November 15, 2026
3x
Shipping
1x
Internet, cable and phone
1x
Office supplies
1x
Software and cloud services
1x
Travel booked through Chase TravelFlights, hotels and The Edit
8x
Flights booked directly with airlines
4x
Hotels booked directly
4x
Dining
1x
Gas
1x
Everything else
1x
2 · Credits that would be used
Tick only what would be used anyway, at full value.
When the travel credit is ticked, the first $300 of travel above is treated as covered by it and earns no points, as Chase’s terms say.
3 · Assumptions
The result
Not counted: lounge access for the authorizing officer and two guests, IHG Platinum Elite status, the travel insurance and 5x on Lyft (through September 30, 2027). Points Boost can make points worth up to 2¢ each on selected Chase Travel bookings.
Insurance and protections
The same broad set of protections as the personal Sapphire Reserve, plus cell phone protection. Pay for the trip or purchase with the card to be covered; the Guide to Benefits has the full terms.
Auto rental collision damage
Up to $75,000 for theft and collision damage on most rentals, when the rental company’s cover is declined. Primary when renting for business; in the U.S., secondary for personal rentals, and primary outside the U.S.
Trip cancellation and interruption
Up to $10,000 per traveler and $20,000 per trip for prepaid, non-refundable travel canceled or cut short by illness, severe weather and other covered reasons.
Trip delay
Up to $500 per traveler for meals, lodging and other costs when a trip is delayed more than 6 hours or needs an overnight stay.
Lost luggage
Up to $3,000 per traveler to repair or replace checked or carry-on bags.
Baggage delay
Up to $100 a day for 5 days for essentials when bags are delayed more than 6 hours.
Emergency evacuation
Up to $100,000 for medical evacuation on trips 100 miles or more from home.
Emergency medical and dental
Up to $2,500, after a $50 deductible, on trips 100 miles or more from home.
Travel accident insurance
Up to $1,000,000 when the fare is paid with the card.
Cell phone protection
Up to $1,000 per claim against theft or damage for phones on a bill paid with the card, after a $100 deductible, up to 3 claims in 12 months.
Roadside assistance
Up to $50 per incident, four times a year.
Purchase protection
Damage or theft within 120 days of purchase, up to $10,000 per item.
Return protection
Up to $500 per item and $1,000 per 12 months when a store won’t take an item back within 90 days.
Extended warranty
Adds one year to U.S. manufacturer warranties of three years or less.
Pros and cons
Pros
- A 200,000-point welcome offer, worth about $4,100 at TPG’s valuation
- 4x on flights and hotels booked directly, 8x through Chase Travel
- Sapphire Lounges and Priority Pass with two guests
- Full Reserve insurance, including cell phone protection and primary rental cover on business rentals
Cons
- $795 fee, and lounge access is for the authorizing officer, not employees
- 1x on dining, gas, shipping and software
- Most credits are tied to one brand, a half-year window or an end date
- The welcome offer needs $30,000 of spending in 6 months
Card terms change often and some offers are personalized; the issuer’s page is the final word.