The newly revamped Chase Sapphire Reserve now comes with a $795 annual fee—yeah, that’s steep. But it also comes packed with new benefits that might make the cost worth it, depending on how you use it.
You’ll now earn more points when booking through Chase Travel, and if you prefer to book flights and hotels directly, you’ll still get 4x points on those purchases. Dining continues to earn 3x points worldwide, and it’s 1x on everything else.
Chase Ultimate Rewards points are still super flexible. With the Reserve, you can redeem points for up to 2 cents per point through Chase Travel on select redemptions, or transfer them to 11 airline and 3 hotel partners.
There’s a long list of new perks and benefits too (I’ve listed some of the highlights below). And honestly, if you can use even half of them, you might be able to offset a good chunk—or even all—of that annual fee.
But again, $795 is no joke. Don’t get it just because it’s new and shiny—make sure the perks actually fit your lifestyle and spending habits.
Earn 8x points on Chase Travel (including The Edit)
Earn 4x points on flights and hotels booked direct
Earn 3x points on dining, including eligible delivery
Earn 1 point per $1 spent on all other purchases
1 cent per point
Points boost up to 2 cents per point
Everything else 1 cent per point
11 Airlines and 3 Hotel Programs
$500 credit for stays with The Edit: Up to $250 in statement credits Jan-June and again Jul-Dec for prepaid bookings. Two-night minimum.
$300 Annual Travel Credit: Up to $300 in statement credits each account anniversary year for travel purchases.
$300 Annual Dining Credit: Up to $150 in statement credits Jan-June and again Jul-Dec for dining at restaurants that are part of our Sapphire Reserve Exclusive Tables.
$120 DashPass Value: Complimentary DashPass for at least one year when you activate by 12/31/27.
$300 Annual DoorDash Promo Value: One monthly $5 restaurant promo and two monthly $10 non-restaurant promos through 12/31/27.
$300 Annual StubHub Credit: Up to $150 in statement credits Jan-June and again Jul-Dec for StubHub and viagogo purchases through 12/31/27. Activation required.
$250 Annual Apple Value: Complimentary Apple TV+ and Apple Music through June 22, 2027.
$120 Annual Lyft In-App Credits: Up to $10 in monthly in-app credits to use on rides through 9/30/27.*
$120 Annual Peloton Membership Credit: $10 in monthly statement credits on eligible Peloton memberships through 12/31/27. Activation required.
$469 Annual Priority Pass Value: Access 1,300+ airport lounges worldwide with up to two guests, plus every Chase Sapphire Lounge by The Club location with complimentary Priority Pass™ Select.
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