Offers
Welcome Bonus
Eligible new applicants for the Chase Sapphire Reserve Card can receive a welcome bonus of up to 100,000 Chase Ultimate Rewards:
- Earn 100,000 Ultimate Rewards plus a $500 Chase Travel credit upon spending $5,000 in the first 3 months
Earning Chase Ultimate Rewards
The Chase Sapphire Reserve card earns Chase Ultimate Rewards points for all purchases made on the card:
- 8 Ultimate Rewards points for every dollar spent on all purchases through the Chase Ultimate Rewards travel portal.
- 4 Ultimate Rewards points for every dollar spent on flights and hotels booked directly.
- 3 Ultimate Rewards points for every dollar spent on dining worldwide.
- 1 Ultimate Rewards point for every dollar spent on all other purchases.
Redeeming Chase Ultimate Rewards
If you want to maximize their value, Chase Ultimate Rewards points are best used when they are transferred to one of the various frequent flyer and hotel loyalty programs that are available to be redeemed towards a future flight or hotel booking.
Chase Ultimate Rewards points can be transferred to frequent flyer programs at the following rates:
- Aer Lingus at a 1:1 ratio
- Air Canada Aeroplan at a 1:1 ratio
- Air France / KLM Flying Blue at a 1:1 ratio
- British Airways Avios at a 1:1 ratio
- Emirates Skywards at a 1:1 ratio
- Iberia Plus at a 1:1 ratio
- JetBlue TrueBlue at a 1:1 ratio
- Singapore Airlines KrisFlyer at a 1:1 ratio
- Southwest Airlines at a 1:1 ratio
- United MileagePlus at a 1:1 ratio
- Virgin Atlantic Flying Club at a 1:1 ratio
Chase Ultimate Rewards points can be transferred to hotel loyalty programs at the following rates:
- IHG One Rewards at a 1:1 ratio
- Marriott Bonvoy at a 1:1 ratio
- World of Hyatt at a 1:1 ratio
Chase Ultimate Rewards can also be redeemed as cashback, for gift cards, or for travel booked via the Chase Travel Portal. While these redemption options may make sense based on your personal situation, they are almost always of lower value than transferring to a travel partner.
Benefits
$300 Travel Credit
Cardholders will automatically receive up to $300 in travel purchase statement credits as reimbursement for travel purchases charged to their card each account anniversary year.
$500 Hotel Credit with The Edit by Chase Travel
Cardholders will receive up to $500 in hotel statement credits ($250 from January to June and $250 in statement credits from July to December) when booking hotels with The Edit by Chase Travel.
Guests at hotels booked via The Edit will receive complimentary benefits such as a $100 property credit, daily breakfast for two, room upgrades where possible, and more.
IHG One Rewards Platinum Elite Status
Chase Sapphire Reserve cardholders will receive complimentary IHG One Rewards Platinum Elite status through December 31, 2027.
$120 Global Entry, TSA PreCheck, or Nexus Credit
When signing up for Global Entry, TSA PreCheck, or Nexus, cardholders can receive one statement credit of up to $120 USD every four years as reimbursement for the application fee charged to their card.
Annual Lifestyle Credits
Chase Sapphire Reserve cardholders can receive a value of over $1,500 USD in annual lifestyle credits which include:
- $300 Dining Credit at restaurants within the Sapphire Reserve Exclusive Tables program ($150 from January to June and $150 from July to December)
- Complimentary Apple TV+ & Apple Music subscription (worth $250 annually)
- DashPass Membership (worth $120 annually) and $25 in monthly DoorDash promotions (worth $300 annually)
- $300 StubHub credits ($150 from January to June and $150 from July to December)
- $120 Lyft credits ($10 per month)
- $120 Peloton credits ($10 per month)
Priority Pass Select Membership
Chase Sapphire Reserve cardholders will also receive complimentary access to the Priority Pass Select airport lounge program. This membership grants access for the cardholder and two guests to any Priority Pass eligible lounge.
Cardholders will also receive complimentary access for themselves and two guests to any Chase Sapphire airport lounges, including the noteworthy Chase Sapphire Lounge at LaGuardia.
Air Canada Maple Leaf Lounge Access
Cardholders can access Air Canada Maple Leaf Lounges by presenting their Chase Sapphire Reserve card plus a same-day boarding pass for a flight operated by Air Canada or Star Alliance.
Only the cardholder is able to access the lounge for free, as guests will have to pay a fee of $59 CAD for locations within Canada, $59 USD for locations within the United States, EUR 59 for locations within the E.U., and GBP 59 for locations within the United Kingdom.
Insurance Coverage
The Chase Sapphire Reserve card offers nine types of insurance coverage:
- Trip cancellation insurance
- Trip interruption coverage
- Rental car collision damage waiver
- Lost luggage insurance
- Trip delay insurance
- Emergency evacuation and transportation insurance
- Purchase protection
- Return protection
- Extended warranty protection
Other Chase Ultimate Rewards Cards
| Credit Card | ||
|---|---|---|
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200,000 Ultimate Rewards points Estimated value: $3,400 |
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90,000 Ultimate Rewards points Estimated value: $1,530 |
|
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75,000 Ultimate Rewards points Estimated value: $1,275 |
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Do you know if those credit works in Canada. Example StubHub, Open table food credit, and the door dash? Or we must use it at the stores in the US. Thank you. Just want to see if this card is worth it for Canadians.
Hi Patrick,
It depends on the credit. Some like Apple TV should work fine. Meanwhile Lyft and Uber both can support adding the US credits, but the credits can only be used physically for rides in the USA. I imagine DoorDash is the same. I am not sure about StubHub you may have to do some digging online to see what others have experienced.
Adding to Reed’s comment, I think Stubhub would work if you use the US site (as you can still buy tickets for Canadian events) but I don’t have any experience myself. You could also cash out the credit for decent value by purchasing a ticket for an event on Stubhub and then re-listing and re-selling it for cheaper on Stubhub with a slight loss.
Do i get all the benefits if I get this card in Canada? For example, insurances, travel credits etc. I have heard only US residents will get insurance?
And does grocery have 3x points or is it dining only?
Hi Fahad,
You get travel credits, but insurances are trickier. Its hard to say for certain without dissecting the T&C of insurance certificates on the card. Even then, being a nonresident is a probably a pretty easy reason for insurance companies to get out of compensating you. My approach: if I had a purchase on a Chase card I needed to make a claim for, I’d go for it and see what comes of it, but if I anticipated a significant purchase where I might need to use insurance, I would probably not take the chance and use a Canadian credit card instead. Pertinent example: I wouldn’t use a US credit card for a car rental to decline the Collision Damage Waiver (CDW).
Hope that is at least a bit helpful!