Chase Sapphire Reserve for Business℠ review
Small business owners looking to elevate their travel and operational spending now have a new option to consider. This premium offering aims to reward businesses for a wide array of expenditures, from travel bookings to essential business services, while providing an extensive suite of benefits designed to enhance every journey.
card_name
- Rewards
- points_per_dollar
- Welcome Bonus
- bonus_miles bonus_miles_disclaimer
- Annual Fee
- annual_fees
Key Features
descriptionEditor Analysis:
- Impressive earning rates on travel and advertising, including points on Chase Travel℠ purchases, Lyft rides, direct flight and hotel bookings, and social media/search engine advertising.
- Luxury perks such as a $300 annual travel credit, Global Entry/TSA Precheck/Nexus credit, and access to Chase Sapphire Lounge by The Club and Priority Pass Select airport lounges.
- The card rewards businesses for a wide array of expenditures, from travel bookings to essential business services.
- There’s no ignoring the high annual fee, one of the highest among small business credit cards from major issuers, and there’s a low earning rate on regular purchases outside of the bonus categories.
While rumors surrounding a new Chase business credit card have swirled for months, the card is finally here.
With a annual_fees annual fee, the new card_name will be the most expensive business credit card from Chase by far. Also note that this new card’s launch coincides with a luxurious refresh of the card_name for consumers, which will have an increased annual fee of annual_fees and hundreds of dollars in new benefits.
If you’re in the market for a premium business credit card and wondering if the card_name would suit your needs, read on for an overview of the card’s earning rates and benefits.
card_name sign-up bonus
New cardholders can earn 200,000 bonus points by spending $30,000 in the first six months of opening an account. This is among the most generous welcome bonuses ever offered by a Chase card. While the spending requirement is significant, the six-month window allows ample time for many business owners to comfortably meet it.
card_name rewards
Earning rates on the new card_name will be similar to rewards rates on the newly refreshed card_name. This new business credit card will earn:
- 8x points on Chase Travel℠ purchases
- 5x point on eligible Lyft rides (through Sept. 30, 2027)
- 4x points on flights and hotels booked directly
- 3x points on social media and search engine advertising
- 1x point on other purchases
These earning rates will benefit those who are willing to book travel through the Chase Travel portal the most, along with business owners who book their flights and hotel stays directly with their favorite travel brands. The 3x on social media and search engine advertising rate can also benefit business owners who spend a lot of money on online advertising throughout the year.
From there, earning just 1x point on all other spending could be disappointing for some cardholders.
card_name top benefits and perks
While the card_name comes with a sky-high annual fee of annual_fees, it also has a slew of new statement credit offers and perks. These benefits can more than make up for the card’s annual fee year after year, but only if you use them.
Perks to look forward to with the card_name include:
- $300 annual travel credit
- $120 Global Entry, TSA Precheck or Nexus credit every four years
- $500 annual The Edit credit – Chase Travel’s collection of over 1,100 hand-picked hotels and resorts (split into two $250 biannual credits)
- $400 ZipRecruiter credit (split into two $200 biannual credits)
- $200 Google Workspace credit toward AI tools for business
- $100 Giftcards.com credit for flexible employee appreciation (split into two $50 biannual credits)
- $300 annually in monthly DoorDash promos and complimentary DashPass membership
- $120 in annual Lyft in-app credits, up to $10 monthly
- Points Boost program that lets users redeem points for up to 2x value on thousands of top booked hotels and flights with select airlines and hotels through Chase Travel
- Complimentary IHG One Rewards Platinum Elite Status
- Access to the Chase Sapphire Lounge by The Club network of airport lounges
- Priority Pass Select airport lounge membership (valued at $469)
- Comprehensive travel insurance benefits
Several other cardholder benefits can be unlocked with $120,000 in annual spending on the card, including:
- IHG One Rewards Diamond Elite Status
- Southwest Airlines® A-List Status
- $500 Southwest Airlines credit when booked through Chase Travel
- $500 credit to The Shops at Chase
What are the downsides of the card_name?
While the new card_name is definitely rewarding, there are some glaring downsides to be aware of. One of the biggest is the card’s annual_fees annual fee, which is the highest annual fee among small business credit cards from all major card issuers on the market today.
Other downsides of the card_name include:
Earn just 1x point on regular purchases: The card_name offers bonus rewards for all travel booked through Chase and flights and hotel stays booked directly. Business owners can also earn 3x points on social media and search engine advertising. Outside of those categories, you’ll earn just 1x point per dollar spent.
Points Boost program changes aren’t great: While the card’s new Points Boost program will let users redeem their rewards for 2x value for select airlines and hotel stays through Chase Travel, this benefit replaces the enhanced redemption values previously available on other Chase cards. For example, cardholders with the current version of the card_name used to get 1.5 cents per point in value for all travel booked through Chase, yet this benefit will cease to exist once all cardholders are moved to the new card and program.
Statement credits may be difficult to maximize: Many statement credits offered on this card are given out biannually, half awarded between January and June, and the other half between July and December each year. This makes these credits more difficult to track and easier to forget.
Some statement credits have disappointing fine print: Getting $300 in DoorDash credit each year sounds nice, but the reality isn’t that great. This credit is given out in increments of $25 per month, but it actually comes in the form of a $5 restaurant promo and two $10 promos toward grocery, beauty and other purchases each month.
How does the card_name compare to other cards?
Before you pay annual_fees per year for a business credit card, you should compare the perks and benefits you would get with other options. Here’s a rundown of a few competing cards and how they stack up.
card_name vs. CardName
discontinued
The card_name has some similar attributes to card_name. For example, both cards offer a considerable amount of statement credits that can more than make up the annual fees they charge.
Both also offer broad airport lounge access including a Priority Pass membership, however, card_name adds access to Centurion lounges and Delta Sky Clubs when travelers are flying with Delta, whereas Chase Reserve cardholders have access to a limited number of Chase Sapphire Lounge by The Club locations.
The card_name definitely beats out card_name when it comes to earning rates, and in more ways than one. The top earning rate on card_name applies to flights and hotels booked through AmexTravel.com only, and not on travel booked directly. On the upside, card_name does offer 1.5x points on purchases of $5,000 or more. American Express is a CardRatings advertiser.
card_name vs. card_name
discontinued
The card_name has a annual_fees annual fee, so it’s more affordable overall. However, it has a much lower earning rate for all types of purchases, including a top bonus category rate of 3x points on up to $150,000 spent in select bonus categories each year.
card_name also comes without major travel benefits like airport lounge access or annual travel credits. On the upside, card_name does let you transfer your rewards to Chase airline and hotel partners like other premium Chase travel credit cards. It also gives you more value when redeeming points for travel through Chase.
Who is a good fit for the card_name?
Despite its annual_fees annual fee and somewhat complicated statement credit offers, the card_name can still be insanely rewarding. Business owners who are willing to book travel through Chase Travel will be able to rack up a ton of rewards thanks to higher earning rates, and those points are offered on top of the card’s generous welcome offer.
Beyond that, most of the statement credits and perks should be relatively easy to use. This includes the $300 annual travel statement credit that applies to virtually any travel purchase, Priority Pass Select airport lounge membership (valued at $469), and other credits for The Edit hotel stays, ZipRecruiter spending, Giftcards.com purchases and more.
Also remember that the card_name will let users transfer points to Chase airline and hotel partners, which include popular options like Southwest Rapid Rewards, United MileagePlus and World of Hyatt, to name a few.
With all this in mind, the card_name is best for:
- Business owners who frequently travel and are willing to book airfare and hotels through Chase Travel
- Businesses who spend considerable sums on online advertising each year
- Consumers who want travel perks like airport lounge access and Global Entry, NEXUS or TSA PreCheck membership
- Travelers who want to book award travel through a portal or transfer their points to airlines and hotels
Frequently asked questions
What is the annual fee for the card_name?
Does the card_name charge foreign transaction fees?
Who can qualify for the card_name?
Does the card_name offer lounge access?
Disclaimer:The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.
This content is not provided by any company mentioned in this article. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any such company. CardRatings.com does not review every company or every offer available on the market.
To see the rates and fees for the American Express cards mentioned in this post, please see the following links: CardName (See Rates and Fees)
