Chase Sapphire Reserve for Business℠ Review

Chase Sapphire Reserve for Business℠ at a Glance

Is the Chase Sapphire Reserve for Business℠ worth it? That really depends on the benefits you want to have and how much you're willing to pay. We can say that many of the perks of the Chase Sapphire Reserve for Business℠ can be well worth the annual fee every year, including Priority Pass Select airport lounge membership (valued at $469), the card's $300 annual travel credit, a $500 annual credit for stays with The EditSM, a $120 credit for Global Entry, NEXUS or TSA PreCheck membership and more.

The new Chase Sapphire Reserve for Business℠ also comes with generous bonus rewards for select travel and advertising spending and a huge sign-up bonus worth at least $2,000 right off the bat. This Chase Sapphire Reserve for Business℠ review will explain all the pros and cons of this new business credit card to help you decide if it's worth it or not.

Chase Sapphire Reserve for Business℠: Rewards and Redemption Options

The new Chase Sapphire Reserve for Business℠ offers wildly different bonus rewards rates than other business credit cards from Chase. However, many of the redemption options for rewards are the same. 

Here's a rundown of the rewards rates and ways you can redeem your points with the Chase Sapphire Reserve for Business℠.

Earning Rewards

The new Chase Sapphire Reserve for Business starts new customers off with 200,000 bonus points if they spend $30,000 on purchases within six months of account opening. That's a pretty sweet deal, even when you consider the high minimum spending requirement. Also note that spending $30,000 on purchases within six months only requires you to charge $5,000 in business purchases and bills for six consecutive months in a row.

Beyond the welcome offer, the card earns:

• 8X points on all Chase Travel purchases
• 5X points on Lyft rides (through September 30, 2027
• 4X points on flights and hotels booked directly
• 3X points on social media and search engine advertising
• 1X points on other purchases

While the earning rates for select travel and advertising purchases are solid with this card, note that all general travel purchases (and all other spending) earns just 1X points. This includes travel spending on cruises as well as travel booked through online booking sites like Expedia or Priceline.

Redeeming Rewards

The Chase Sapphire Reserve for Business℠ offers many of the same redemptions for rewards as other credit cards in the Chase Ultimate Rewards universe. For example, users can redeem their rewards for flexible options like cash back, statement credits, gift cards, Amazon and PayPal purchases and point transfers to Chase airline and hotel partners.

Most redemption values for rewards work out to 1 cent per point. However, Chase offers a new program called "Points Boost" that lets users get 2X value for rewards when they book select hotels and airfare through the Chase Travel portal.

Expert intel: The new "Points Boost" program from Chase replaces the offer for 25% or 50% more value for travel booked through Chase offered on other cards. This means other travel booked through Chase qualifies for a redemption value of just 1 cent per point.

Chase airline and hotel partners include:

Airline Travel Partners

• Aer Lingus AerClub
• Air Canada Aeroplan
• British Airways Executive Club
• Emirates Skywards®
• Flying Blue AIR FRANCE KLM
• Iberia Plus
• JetBlue TrueBlue
• Singapore Airlines KrisFlyer
• Southwest Airlines Rapid Rewards®
• United MileagePlus®
• Virgin Atlantic Flying Club

Hotel Travel Partners

• IHG® One Rewards Club
• Marriott Bonvoy®
• World of Hyatt

The chart below shows the redemption options and values you can expect with the new Chase Sapphire Reserve for Business℠:

Chase Sapphire Reserve for Business℠: A New World of Statement Credit Offers and Perks

The new Chase Sapphire Reserve for Business℠ comes with so many benefits and statement credit offers that they require their own section in this review. While a $795 annual fee applies, cardholders enjoy the following perks:

• $300 annual travel credit (identical to the credit on the Chase Sapphire Reserve® for consumers)
• Priority Pass Select airport lounge membership (valued at $469)
• Access to Chase Sapphire Lounge by The Club airport lounges
• $500 annual credit for stays with The EditSM (given out as $250 credits twice per year)
• $120 credit for Global Entry, NEXUS or TSA PreCheck membership 
• Annual DashPass membership (valued at $120)
• $300 DoorDash promos annually
• $200 Google Workspace credit annually
• $400 ZipRecruiter credits annually (given out as $200 credits twice per year)
• $120 annual Lyft credit (given out in monthly credits of $10)
• $100 in credits annually at GiftCards.com (given out as $50 credits twice per year)
• IHG One Rewards Platinum Elite status
• Car rental benefits with Avis, Hertz and National

Also note that you can unlock additional benefits if you use the card for at least $120,000 in purchases within a year. These include:

• $500 annual Southwest Airlines credit (must book through Chase Travel)
• $500 annual Shops at Chase credit
• IHG One Rewards Diamond Elite status

The Chase Sapphire Reserve for Business℠ also comes with a slew of included travel and purchase protections. These include:

• Primary auto rental coverage when renting a car for business purposes
• Baggage delay insurance
• Emergency evacuation coverage
• Emergency medical and dental benefit
• Lost luggage reimbursement
• Roadside assistance
• Travel accident insurance
• Travel and emergency assistance
• Trip cancellation and interruption insurance
• Trip delay reimbursement
• Purchase protection against damage or theft
• Return protection
• Cell phone protection 
• Extended warranty coverage

Chase Sapphire Reserve for Business℠ Full Review

The numerous perks and features that come with the Chase Sapphire Reserve for Business℠ helped it earn a favorable review. This verdict is also based on our credit card review methodology, and it takes a range of important factors into account. These include Rates and Fees, Features and Benefits, Card Security, User Experience and Customer Service.

The sections below explain the reasons for the ratings in each review category.

Rates and Fees

The card's $795 is higher than any other business credit card from a major issuer available today.

Also note that this is a pay in full credit card, meaning the entire balance charged is due each billing period. However, some purchases can qualify for financing through Flex for Business, at which point the high variable interest rate will apply.

Features and Benefits

The card has an endless number of statement credit offers and benefits that more than make up for its $795 annual fee. 

Security 

Chase is known for offering enhanced security across its website and mobile app. Features you might appreciate include 24/7 fraud monitoring, multi-factor authentication, biometric authentication on the app and data encryption. 

User Experience

The Chase website is user-friendly and easy to navigate, and rewards points are easy to redeem online, over the phone or through the Chase mobile app. The Chase app is also popular and highly-rated, as evidenced by its 4.5 out of 5 rating on Google Play and 4.8 rating out of 5 stars in the App Store.

Customer Service

Chase is easy to reach over the phone, via social media or through secure messaging once you have an online account. Chase also scored above the industry average in J.D. Power's 2024 U.S. Credit Card Satisfaction Study and J.D Power's 2025 U.S. Online Banking Satisfaction Study.

Contacting Chase

You can contact Chase via its credit card customer service number (1-800-432-3117) or its social media channels (tweet Chase at @ChaseSupport or message them on Facebook or Instagram) 24 hours per day. You can also send a secure message through your online account.

When we tested these channels:

• We were speaking with a Chase representative within a few minutes of initiating a call.
• Chase social media responded to our inquiry immediately, yet we waited a few additional minutes to chat with a real person.

What Cardholders Are Saying

While the Chase Sapphire Reserve for Business℠ is too new for much feedback to be found online, plenty of message board users have made their case for why they signed up during the initial launch period. 

For example, one user on Reddit gave this reason for signing up while comparing the card to the Business Platinum Card® from American Express:

"I feel like I’d be better able to use these credits than my current Platinum card benefits or whatever abomination Amex is going to do with its Platinum refresh. The only complaints I have is the size of Chase’s lounge network and the Door Dash promos are annoying but I can still easily get value from the other credits even if I only partially use the others." - Michael4593

Another Reddit user said they were signing up due to the uncapped rewards in bonus categories:

"Excited about the uncapped ad spend, I have 3 biz golds and the CIBP that all get maxed out every year, so for that alone this card will make sense for me. Super small group of people that this applies to, but I’m excited for it!" - ResolutionUnique1262

What Credit Card Experts Are Saying

Credit card experts we spoke to seem to agree that the Chase Sapphire Reserve for Business℠ can be a good deal for the right person. However, several downsides limit the overall value of this small business credit card.

Credit card expert Bob Haegele points to the card's earning rates and welcome bonus as huge benefits to consider, as well as its endless statement credit offers and perks. However, Haegele says the card's high annual fee will make it a no-go for some business owners right off the bat.

"The annual fee is $795," he said. "Big businesses may not bat an eye at such a number, but small businesses and freelancers may struggle to justify it."

Haegele adds that the fact it's a charge card that requires full payment each month isn't inherently bad, but it means it won't work for everyone.

"It means you must pay the balance in full every month," he said. "If you don’t, you may incur late fees, interest and be unable to make additional purchases until your balance is paid."

Ryan Smith, who serves as the Managing Editor for Upgraded Points, also points out that several of the card's statement credits are cut into pieces and may be frustrating to use. For example, the annual $500 statement credit for The Edit is given out biannually as a $250 credit. Other credits given out a few times per year or monthly come from brands like Lyft, GiftCards.com and ZipRecruiter.

If you want to make the most of these credits, you'll have to remember they exist and keep track of them throughout the year. For many small business owners, this work represents more hassle than they want to deal with for a rewards credit card.

Methodology: How We Review Credit Cards

This Chase Sapphire Reserve for Business℠ review was built around our standard credit card review methodology. This methodology compares cards based on their rates and fees, features and benefits, account security features, user experience and customer service.

We also considered rewards earning rates and redemptions for this card, as well as its statement credit offers and perks. 

Learn more about how we rate and review credit cards and their issuers.

Bottom Line: Is the Chase Sapphire Reserve for Business℠ Good?

The high annual fee on the Chase Sapphire Reserve for Business℠ may scare some people off, but this card offers plenty of value to justify it. After all, the sign-up bonus on the card is worth $2,000 minimum the first year, and the card comes with more than $2,000 in statement credit offers plus perks like airport lounge access.

If you can't make use of the card's statement credit offers, however, there are plenty of business credit cards with lower annual fees or a $0 annual fee.

Frequently Asked Questions (FAQ)

Is the Chase Sapphire Reserve for Business℠ a Charge Card?

The Chase Sapphire Reserve for Business℠ is a pay in full credit card similar to a charge card. However, some purchases can be paid off over time through Chase Flex for Business.

What Is the Chase 5/24 Rule?

The Chase 5/24 rule is an unpublished rule from this issuer that says you may not get approved for new cards if you have had 5 or more new cards with any issuer within the last 24 months.

Can you have the Chase Sapphire Reserve for Business℠ and the Chase Sapphire Reserve for consumers?

Yes, you can have both cards at the same time.

Disclosure: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain.