Get more than $4,000 in value with the 200,000-point bonus on the Chase Sapphire Reserve for Business
Editor's Note
The Chase Sapphire Reserve for Business℠ (see rates and fees) is a formidable player in the premium business card market. This card is the business counterpart of the Chase Sapphire Reserve® (see rates and fees), a longtime TPG staff favorite.
And, right now, the Sapphire Reserve for Business is offering a sky-high bonus offer that could unlock thousands of dollars in travel.
With this card, Chase competes directly with cards like The Business Platinum Card® from American Express and the Capital One Venture X Business. The Sapphire Reserve for Business carries a $795 annual fee, but its long list of statement credits, elite-status perks and travel benefits can help offset that cost for the right business owner.
Let's take a look at the Sapphire Reserve for Business welcome offer, how much you need to spend to earn it and what it's worth.
Chase Sapphire Reserve for Business current offer
New Sapphire Reserve for Business applicants can earn 200,000 bonus points after spending $30,000 on purchases within the first six months from account opening.
This is the highest we've seen in the card's history. If you've had this card on your radar and can meet the minimum spending requirement, now is an excellent time to apply.
Related: How to get a business credit card
What is the Sapphire Reserve for Business's welcome offer worth?
TPG's August 2026 valuations place Ultimate Rewards points at 2.05 cents apiece, making this 200,000-point welcome offer worth $4,100. Your actual return will depend on how you redeem them, but high-value award bookings through Chase's transfer partners can stretch your points further.
With Chase Points Boost, 200,000 points can be worth $4,000 toward select flights and hotels booked through Chase Travel℠, and some eligible Points Boost hotel redemptions can stretch them even further.
That makes this an especially compelling welcome offer, but the $30,000 spending requirement is significant. Make sure your business can comfortably meet it within six months without making purchases you otherwise wouldn't.
Who is eligible for the Sapphire Reserve for Business welcome offer?
Before applying, make sure you're eligible for both the card and its welcome offer.
It's best to have excellent credit before applying for this card, to give yourself the best chance at approval.
It's important to note that this card won't count toward Chase's 5/24 rule since it's a business credit card. However, you'll generally need to be under 5/24 to be approved. This means you cannot have opened five or more personal credit cards in the past two years.
You'll also need an eligible business to apply. You don't necessarily need to own a large company; certain sole proprietorships, freelance work and other qualifying business activities may make you eligible for a business credit card.
The new cardmember bonus may not be available if you've previously held the Sapphire Reserve for Business.
And if you received a welcome bonus on a consumer Sapphire card in the past, you will still be eligible to earn the bonus on the Sapphire for Business if approved.
It might be worth applying if you can use these benefits to maximize your everyday business spending and realistically earn the welcome offer. Regardless, make sure to run the numbers beforehand and ensure the card is right for you and your business.
Related: Best welcome offers of the month
Sapphire Reserve for Business standout benefits
The Sapphire Reserve for Business provides value year after year. You'll earn:
- 8 points per dollar spent on purchases made through Chase Travel, including The Edit (minimum two-night stay required for The Edit properties)
- 5 points per dollar spent on Lyft purchases (through Sept. 30, 2027)
- 4 points per dollar spent on flights and hotels booked directly
- 3 points per dollar spent on social media and search engine advertising
- 1 point per dollar spent on all other purchases
Furthermore, the Sapphire Reserve for Business has valuable statement credits that cater to businesses, including:
- Up to $500 in annual credits (two up to $250 credits) for The Edit, which is Chase's premium hotel program (minimum two-night stay required)
- Up to $400 in annual credits (up to $200 biannually) for Ziprecruiter (through Dec. 31, 2027)
- Up to $300 annual travel credit
- Up to $300 annually (up to $25 a month) in DoorDash promos and a complimentary DashPass membership (through Dec. 31, 2027; enrollment required)
- Up to $200 in annual Google Workspace credits (through Dec. 31, 2027)
- Up to $120 credit every four years for Global Entry, TSA PreCheck or Nexus
- Up to $100 in annual credits (up to $50 biannually) for Giftcards.com (through Oct. 31, 2028)
You'll also receive travel-related benefits like:
- IHG One Rewards Platinum Elite status (through Dec. 31, 2027; not available for employee cardmembers)
- Airport lounge access
- Travel protections
Plus, cardholders can unlock a $500 Southwest Airlines statement credit, Southwest Rapid Rewards A-List elite status and IHG One Rewards Diamond Elite status (among other benefits) after spending $120,000 on their card in a single calendar year. These statuses are valid through the end of the current calendar year and the entire following year.
Finally, cardholders have access to Chase's Flex for Business perk, where eligible purchases can be paid off over time with interest. Once your Flex for Business limit is reached, all purchases will count toward your Pay-in-Full balance, so you must pay your charges in full each billing cycle to avoid interest. Note that this is different from Chase's Pay Over Time perk.
Related: Do I need a business to get a business credit card?
Bottom line
The Chase Sapphire Reserve for Business is offering 200,000 bonus Ultimate Rewards points, the highest welcome offer we've seen on the card.
TPG values the 200,000 Ultimate Rewards points you could earn with this offer at over $4,000 in travel, making this a can't-miss deal for business owners who can comfortably meet the minimum spending requirement within six months.
Beyond the bonus, the card can provide ongoing value for businesses that will use its travel perks, statement credits and bonus categories, including 4 points per dollar spent on flights and hotels booked directly.
If you're a business owner looking to build a stockpile of one of the most valuable flexible currencies, the Chase Sapphire Reserve for Business could be a great addition to your wallet.
The $795 annual fee and substantial spending requirement mean it won't be right for every business owner, though. Run the numbers based on your own spending and the benefits you'd actually use before applying.
To learn more, read our full review of the Chase Sapphire Reserve for Business.
Apply here: Chase Sapphire Reserve for Business
TPG featured card
at American Express's secure site
Terms & restrictions apply. See rates & fees.
| 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. |
| 5X | Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App™. |
| 3X | Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App™, or purchased directly from airlines. |
| 2X | Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App™ and cruises booked and paid through AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Pros
- Valuable dining and food-related credits
- Flexible rewards with airline and hotel transfer partners
- Multiple travel and purchase protections
- No foreign transaction fees
- Access to Amex Offers for additional savings (enrollment required)
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 $8,000 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 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App™.
- Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App™, or purchased directly from airlines.
- Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App™ and cruises booked and paid through AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- Pay It® lets you tap in the American Express® App to quickly pay for small purchase amounts throughout the month and still earn rewards the way you usually do. Plan It® gives you the option to split up big purchases into equal monthly payments with a fixed fee. You’ll know upfront exactly how much you’ll pay.
- $120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub (including Seamless), Buffalo Wild Wings, Five Guys, The Cheesecake Factory, and Wonder. This can be an annual savings of up to $120. Enrollment required.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year at over 10,000 qualifying U.S. Resy restaurants after you pay for eligible purchases with the American Express® Gold Card. That’s up to $50 in statement credits semi-annually. Enrollment required.
- $84 Dunkin' Credit: Earn up to $7 in monthly statement credits after you pay with the American Express® Gold Card at U.S. Dunkin’ locations. Enrollment required.
- $120 Uber Cash on Gold: Enjoy up to $120 in Uber Cash annually with your Gold Card. Just add your Card to your Uber account and you'll get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an Amex Card for your transaction.
- Enjoy complimentary Hertz Five Star® Status benefits like skipping the counter at select locations, adding an additional driver at no additional cost*, and vehicle upgrades**. Benefit enrollment and Hertz Gold+ registration are required. *Additional drivers must meet standard rental qualifications and must be a spouse or domestic partner to qualify as complimentary. Other additional drivers subject to fees. **Benefits are subject to availability and vary by location. Additional Hertz program Terms and Conditions including age restrictions apply.
- Book two nights or more with The Hotel Collection through AmexTravel.com and receive a $100* credit towards eligible charges at over 1,300 upscale hotels worldwide.§ *Eligible charges vary by property.
- Book your travel through the Amex Travel App™ with added peace of mind – backed by American Express® service and support. Only for American Express® Card Members.
- Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.