Your biggest Chase Sapphire Reserve questions answered: From bonus eligibility to earning rates
The Chase Sapphire Reserve® (see rates and fees) is one of the best rewards credit cards available right now.
In June, the premium card underwent a refresh with a host of new benefits and statement credits, plus an increase in the annual fee to $795. Alongside the Sapphire Reserve changes, Chase updated its bonus eligibility policy, which may affect your ability to earn a Sapphire card welcome offer more than once.
With so many changes to the card and welcome offer —earn 125,000 bonus points after spending $6,000 on purchases in the first three months of account opening— available, TPG readers have had plenty of questions. And, we have the answers.
Here are your frequently asked questions, answered.
What has changed with the card?
The Sapphire Reserve changes are as follows:
- The annual fee has increased from $550 to $795.
- The authorized user fee has increased from $75 to $195.
- Select earning rates have been adjusted: Hotels and rental cars booked through Chase Travel decreased from 10 points to 8 points per dollar, flights booked through Chase Travel increased from 5 points to 8 points per dollar, flights and hotels booked directly increased from 3 points to 4 points per dollar and all other travel bookings (cruises, vacation rentals and transit) went down from 3 points to 1 point per dollar.
- Chase added new travel and lifestyle credits, including StubHub and Apple TV. Check out the full list of credits here.
- Receive complimentary IHG One Rewards Platinum Elite status through Dec. 31, 2027.
- Get more perks, including IHG One Rewards Diamond Elite status, Southwest Rapid Rewards A-List status and credits for Southwest Airlines and the Chase online shopping portal, after spending $75,000 on the card in a calendar year.
- Chase introduced Points Boost: Get up to 2 cents per point in value when booking flights and hotels through Chase Travel.
Related: Chase Points Boost: A valuable new redemption option or a disappointing devaluation?
Who is eligible for the Sapphire Reserve welcome bonus?
If you have previously received a Sapphire Reserve welcome bonus, you may not be eligible to receive another Sapphire Reserve welcome bonus, regardless of how many months or years have passed since you last received one.
You also may not be eligible for a welcome bonus on the Sapphire Reserve if you currently hold the Chase Sapphire Preferred® Card (see rates and fees).
Can I hold both the Sapphire Reserve and Preferred cards at the same time?
Yes, you can hold both cards at the same time. However, if you already hold the Sapphire Preferred and received a welcome bonus on that card, you most likely will not receive the Sapphire Reserve bonus offer.
Can I receive the welcome bonus for the Sapphire Reserve and Preferred?
Yes, it is possible to receive the welcome bonus on both cards. However, you cannot currently be a personal Sapphire cardholder and receive a welcome bonus on another personal Sapphire card.
For example, TPG senior editor Gabrielle Bernardini applied for the Sapphire Reserve in 2020 and received a welcome bonus. She downgraded her card to the Chase Freedom Unlimited® (see rates and fees). Because she has never received a welcome bonus on the Sapphire Preferred, she would most likely be eligible. However, if she still had a Sapphire Reserve and applied for the Sapphire Preferred, she would most likely not be eligible for the bonus, even if she was approved for the Preferred.
A representative for Chase confirmed to TPG that bonus eligibility for any Sapphire card will be based on several factors, including previously earned bonus offers and the number of cards opened and closed, among other considerations.
Related: Does it make sense to hold both the Chase Sapphire Preferred and Reserve?
Can I receive the welcome bonus for the Sapphire Reserve if I received the bonus more than 48 months ago?
Yes, it was possible prior to the Sapphire welcome bonus policy changes. However, you will now most likely not be eligible for another welcome bonus on the same Sapphire product.
Can I upgrade my Sapphire Preferred to a Sapphire Reserve and still receive the welcome bonus?
Card upgrades are not eligible for a welcome bonus. You would need to apply for the Sapphire Reserve and meet Chase's bonus eligibility criteria.
Should I cancel my Sapphire Reserve card if its annual fee is increasing and I'm not eligible for the welcome bonus?
That is a personal choice and one that we can't make for you. While some cardholders may not use the new statement credits, earning rates and card benefits, others feel that the additional perks still outweigh the annual fee.
Related: Why I'm keeping my Chase Sapphire Reserve — even with its pricier $795 annual fee
What are other card options I could consider if I don't wish to keep my Sapphire Reserve?
There are plenty of other premium rewards cards that compete with the Sapphire Reserve. You may wish to consider these other popular products:
- The Platinum Card® from American Express: Best for premium lifestyle and travel benefits
- Capital One Venture X Rewards Credit Card: Best for saving on travel and adding authorized users for free
You could also consider downgrading to a no-annual-fee card like the Chase Freedom Unlimited, which allows you to still access the Chase Ultimate Rewards ecosystem. Plus, you can apply for the Sapphire Preferred and possibly receive a welcome offer.
Is the Sapphire Reserve now a better product than the Amex Platinum?
This would depend on your personal preferences and circumstances. If you can use the Amex Platinum's long list of statement credits and more comprehensive lounge access, the Platinum Card may be more rewarding.
If you value a more straightforward product and the generous earning rates for travel and dining, the refreshed Sapphire Reserve might be a better choice.
Related: Amex Platinum vs. Chase Sapphire Reserve: Which top-of-the-line travel card is right for you?
How do I use Points Boost to get 2 cents per point when booking through Chase Travel?
Chase's new Points Boost feature now gives Sapphire Reserve cardholders the option to obtain up to 2 cents per point in value when they redeem their Ultimate Rewards points through Chase Travel on select hotels and flights.
It's a unique and, we have found, surprisingly rewarding way to get great value from your Chase points. Be sure to look for the rocket symbol to see boosted redemption options.
Related: Why Chase's Points Boost is an outstanding (kind of surprising) new way to book hotels on points
If I earn Ultimate Rewards points from the Sapphire Reserve bonus before October, can I redeem them through Chase Travel at the fixed rate of 1.5 cents per point?
Yes, if your account was opened before June 23, 2025, the Ultimate Rewards points you earn before Oct. 26, 2025, can still be redeemed at the current fixed rate of 1.5 cents per point until Oct. 27, 2027.
What's the best way to redeem the Sapphire Reserve welcome bonus through Chase Travel?
Look for Points Boost options, labeled with a rocket symbol. New cardholders can receive up to 2 cents per point on select hotels and flights and 1 cent per point on other eligible purchases. Chase's The Edit properties can be booked using Points Boost at up to 2 cents per point, an amazing perk for top-tier properties.
Though Points Boost is definitely a great way to earn more than 1 cent apiece, transferring your Ultimate Rewards points to Chase's 14 transfer partners can yield even higher value, like 7 cents per point, depending on the cash versus points price.
Do you know if the refreshed Sapphire Reserve kept the ‘Pay Yourself Back’ option?
Yes, it did. This quarter's categories eligible for Pay Yourself Back with a Sapphire Reserve are:
- Select charities: 1.5 cents per point
- Gas stations, groceries, home improvement stores and cardholder annual fee: 1.25 cents per point
Related: Chase Pay Yourself Back Q3 categories — is it a good use of your rewards?
Can I book Vrbo and Airbnb through Chase Travel? How many points will I receive? What's the earning rate for cruises?
If you applied for the Sapphire Reserve prior to June 23, 2025, Airbnb, Vrbo and cruise purchases, which code as travel, will still earn you 3 points per dollar when booked directly using your Sapphire Reserve; cardholder earning rates will change from 3 points to 1 point per dollar starting Oct. 26, 2025.
If you applied for the card after June 23, Airbnb, Vrbo and cruise purchases booked directly using your eligible card will earn 1 point per dollar.
Sapphire Reserve cardholders will soon have access to Chase's Vacation Homes program, in which they will earn 8 points per dollar for bookings made through Chase Travel.
Booking cruises through Chase Travel earns 10 points per dollar if you applied for the card before June 23, 8 points per dollar for those who applied for their card on or after June 23 and 8 points per dollar for existing cardholders beginning Oct. 26.
Related: Which purchases count as travel with Chase Sapphire Preferred and Chase Sapphire Reserve?
Can I use Points Boost for car rentals?
No, Points Boost is only applicable on select flights and hotel bookings.
If you want to redeem your Ultimate Rewards points earned from your Sapphire Reserve for car rentals, existing cardholders will receive 1.5 cents of value on points earned up until Oct. 26, 2025, and redeemed through Oct. 26, 2027, then 1 cent thereafter. New cardholders who applied on or after June 23, 2025, will receive 1 cent in value.
Is an Apple One subscription considered an Apple subscription?
Instead of credits, Sapphire Reserve cardholders receive complimentary memberships to both Apple TV+ and Apple Music, meaning you don't have to subscribe and wait for a credit to post.
If you have an Apple TV+ or Apple Music subscription purchased directly through Apple, then the complimentary Apple TV+ and Apple Music subscription through Chase will automatically suspend the existing paid subscription through June 22, 2027.
This benefit will be available instantly for new Sapphire Reserve applicants and in October for existing Sapphire Reserve cardholders. A one-time activation through either Chase.com or the Chase Mobile app is required.
According to the terms and conditions of the Sapphire Reserve, "if you have an active paid Apple One subscription purchased directly through Apple, your complimentary Apple TV+ subscription through Chase and your Apple One subscription through Apple will run at the same time unless you cancel your preexisting subscription."
This means that the cost of your Apple One subscription would not be covered by your Sapphire Reserve.
Related: Get Apple TV+ and Apple Music with your Chase Sapphire Reserve
Bottom line
The Chase Sapphire Reserve has undergone a significant refresh, with an annual fee hike offset by a strong lineup of new benefits, including everything from boosted earning rates on travel to premium perks like Apple subscriptions, IHG elite status and the interesting new Points Boost redemption option. Plus, this best-ever welcome offer is one of the most lucrative we’ve seen.
While not everyone will qualify for the generous welcome bonus, those who do can expect serious value. Just be sure to check your eligibility before applying to avoid any surprises.
TPG featured card
Rewards
| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 3X | Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. |
| 2X | Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Intro offer
Annual Fee
Recommended Credit
Why We Chose It
There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)Pros
- 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
- 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
- Packed with credits foodies will enjoy
- Solid welcome bonus
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
- $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.
Rewards Rate
| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 3X | Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. |
| 2X | Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Intro Offer
You may be eligible for as high as 100,000 Membership Rewards® Points after spending $6,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.As High As 100,000 points. Find Out Your Offer.Annual Fee
$325Recommended Credit
Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.Excellent to Good
Why We Chose It
There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)Pros
- 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
- 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
- Packed with credits foodies will enjoy
- Solid welcome bonus
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
- $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.