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The Chase Sapphire Reserve Review (Updated 2024)

Nomadic Matt holding his Chase Sapphire Reserve credit card on a backdrop of a marbled kitchen counter

Posted: 3/4/24 | March 4th, 2024

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The upgraded version of the Chase Sapphire Preferred, the card_name is my one of my favorite premium cards. It offers a lot of fantastic perks for avid travelers.

While The Platinum Card® from American Express gets all the fanfare in terms of luxury rewards cards, I personally prefer the Chase Sapphire Reserve. It comes with better points-earning bonus categories; more practical, everyday perks (which I’ll get into below); and more comprehensive travel insurance.

Today, I want to share a bit more about this card so you can determine whether it’s the right card for you.


What is the Chase Sapphire Reserve?


The card_name (often referred to as CSR) is a travel rewards card issued by Chase. The card comes with a $550 USD annual fee and a host of benefits like lounge access, travel insurance, and an array of statement credits. When used right, these benefits can be worth much more than the annual fee.

One of those benefits is a $300 USD annual travel credit that is very easy to get, effectively reducing the annual fee to a more reasonable $250 USD. You don’t need to do anything extreme to receive this benefit either; the first $300 USD per year that you spend on travel is simply erased from your statement.

Chase also has a very broad definition of what it classifies as travel, making it easy to take advantage of this credit (even parking garages count towards it). According to Chase, they classify travel purchases as including:

“airlines, hotels, motels, timeshares, car rental agencies, cruise lines, travel agencies, discount travel sites, campgrounds and operators of passenger trains, buses, taxis, limousines, ferries, toll bridges and highways, and parking lots and garages.”

So, the first $300 USD of purchases you make in any of these categories will be removed from your statement, and after that, you’ll earn 3x points on these purchases.

And that’s just one benefit of the card. When you sign up for this card, you’ll get:

  • 60,000 points (after spending $4,000 in the first 3 months)
  • $300 annual travel credit
  • 3x points on travel (earned after earning your $300 annual travel credit)
  • 3x points on dining, including eligible delivery services and takeout
  • 5x points on flights when booked through Chase
  • 10x points on hotels and rental cars when…

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