Chase Sapphire Reserve℠

Should I Use Chase Sapphire Reserve for Everyday Spending?

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TPG reader Rodrigo sent me a message on Facebook to ask about maximizing points on spending:

“Should the Sapphire Reserve be my new go-to card for everything, or should I still try to make the $30,000 spending goal for my Aviator Silver companion tickets?”

The Chase Sapphire Reserve Card has been a hit since it was first released in August. Some of the card’s widespread popularity is due to its large sign-up bonus and premium perks (like lounge access and travel credits). However, one of the benefits I’ve been most excited about is the 3x spending bonus, which offers huge value to cardholders, and might cause you to rethink your credit card strategy for everyday spending.

Sapphire Reserve earns 3 points per dollar on travel and dining at restaurants worldwide, and 1 point per dollar on all other purchases, with no foreign transaction fees. Because I value Ultimate Rewards points highly, I think those earning rates make Sapphire Reserve the best option for spending in those categories, at least in most cases. The exceptions would be certain airfare purchases — where The Platinum Card from American Express now has the edge — and cards with rotating bonuses that occasionally offer even more rewards.

That said, I don’t think it’s the best choice for non-bonus spending. There are other cards that offer a greater return on purchases like groceries, gas and office supplies. Even if you don’t have a card that offers a bonus for spending in those categories, you could use the Chase Freedom Unlimited Card to earn a consistent 1.5 Ultimate Rewards points per dollar. That’s better than the 1 point per dollar that Sapphire Reserve earns on non-bonus purchases, so the two cards make a pretty good combination.

Image courtesy of Shutterstock.
Sapphire Reserve is great for travel and dining purchases, but not everyday spending. Image courtesy of Shutterstock.

In comparison, I don’t think the AAdvantage Aviator Silver card is a good option for spending. The bonus categories aren’t particularly rewarding, and AAdvantage miles are worth less than Ultimate Rewards points, so there’s an opportunity cost to using it for everyday purchases. Spending $30,000 on the Aviator card in non-bonus categories will get you 30,000 AAdvantage miles (worth $450 based on my my most recent valuations). Alternatively, you could earn 45,000 Ultimate Rewards points (worth $945) by using the Freedom Unlimited card — that’s a pretty substantial difference.

I keep the Aviator card mostly to earn bonus Elite Qualifying Miles and maintain my Executive Platinum status. The companion certificate is a nice perk, but it’s limited to domestic economy travel, and you have to cover certain taxes and fees, so the final cost ends up being higher than $99 per person. If the EQMs don’t mean much to you, then you’ll really have to maximize the companion fares in order to get the same return from your spending.

For more on earning Ultimate Rewards and maximizing purchases in general, check out these posts:

If you have any other questions, please tweet me @thepointsguy, message me on Facebook or send me an email at info@thepointsguy.com.

Featured image courtesy of Shutterstock.

Chase Sapphire Reserve℠

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  • New! Earn 100K bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,500 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases such as airfare and hotels charged to your card
  • 3X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases. Plus, no foreign transaction fees
  • Get 50% more value when you redeem your points for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 100,000 points are worth $1,500 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 900+ airport lounges worldwide with complimentary Priority Pass™ Select membership
  • Up to $100 application fee credit for Global Entry or TSA Pre√®
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR Regular APR Annual Fee Foreign Transaction Fee Credit Rating
N/A 16.24%-23.24% Variable $450 0% Excellent Credit