Chase Sapphire Reserve® Relaunch + A NEW Business Card
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Editorial Disclosure: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved, or otherwise endorsed by any of the entities included within the post..
An offer being reworked and a brand new credit card from our favorite bank! Chase relaunched The New Chase Sapphire Reserve® Credit Card and introduced The New Sapphire Reserve for BusinessSM. The launch was pre-announced last week, but it’s officially live today. While the new cards come with a higher annual fee, they’ve added a ton of new benefits that I personally think exceed the cost of the cards.
Even better, both cards current have incredible new welcome bonuses worth thousands of dollars. At a minimum, you could get $1,500+ redeeming at Chase Travel. However, I’ve consistency been able to get at least 1.7¢ transferring to partners like Hyatt or United, which means these welcome bonuses could be worth $1,700 to $3,400 or more.
As for eligibility, you can now hold both the Chase Sapphire Preferred® and Chase Sapphire Reserve® at the same time, which is great news for anyone who recently opened one. As for the business card, if you didn’t know, anyone who makes money from goods or services might be eligible and you can apply as a sole-proprietor with your own SSN. That means if you have a side hustle, a blog, plans for business, do freelancing or many other things, you could apply. Let’s get into it.
The Relaunched Chase Sapphire Reserve® Credit Card
Earn 100,000 bonus points + $500 Chase Travel℠ promo credit after you spend $5,000 on purchases in the first 3 months from account opening.
Welcome Bonus: This feels like a throwback to the original launch in 2016, where a 100,000 point welcome bonus was offered, except this time, you’ll also get a $500 Chase Travel℠ promo credit after spending $5,000 in 3 months. This is an excellent welcome bonus!
Annual Fee Jump: The annual fee increased by $245 from $550 to $795. However, the new perks and credits (see below) will easily be worth >$300 to me, so I’m actually quite delighted by the changes.
Eligibility: You are eligible for this card even if you already have a Chase Sapphire Preferred card, which wasn’t previously the case.
New Earning Structure
- 8x points on Chase Travel℠
- 4x points on flights and hotels booked direct
- 3x points on dining
- 1x points on all other purchases
- 5x points on Lyft (through 9/30/27)
Previously this card earned 3x points on all travel, but if most of your travel spend is on flights and hotels, this is a big improvment. However if you spend a lot on Airbnb, Vrbo or Cruises, this might be a downgrade.
Authorized User Fee: The authorized user fee is now $195, but they’ll still get lounge access.
Annual Perks and Credits: Chase is going all-in on the perks and credits to make up for the higher fee.
- $300 Travel Credit (as a statement credit for travel purchases)
- $500 “The Edit” credit ($250/6mo) for 2+ night stays at Chase’s luxury hotel portfolio
- $300 Dining Credit ($150/6mo) for restaurants from Sapphire Reserve Exclusive Tables
- $300 StubHub Credit ($150/6mo)
- $120 Peloton Credit ($10/mo)
- $120 Lyft Credit ($10/mo)
- $120 Global Entry/TSA PreCheck Credit (ever 4 years)
- Doordash: $5/mo restaurants and 2x $10/mo for other deliveries
- Free Apple Music and Apple TV+
- Free IHG Platinum status
- Free Priority Pass Select membership with access to Chase Sapphire Lounges
Bonus perks if you spend ≥$75K/year
- IHG Diamond status (includes free breakfast)
- Southwest A-List
- $500 Southwest credit
- $250 The Shops at Chase credit
The New Sapphire Reserve for BusinessSM Credit Card
Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening and with more than $2,500 in annual value, there’s no competition.
This card is very similar to the personal card with some key differences:
Welcome Bonus: The business version is offering twice as many points (200,000) after spending 30,000 in 6 months. This is the largest welcome bonus I’ve ever seen from Chase, so if you can meet the spending requirements it will be quite rewarding!
Additions
- 3x points on social media and search engine advertising
- $400 ZipRecruiter Credit ($200/6mo)
- $200 Google Workspace Credit
- $100 Giftcards.com Credit
- No fee for Authorized Users
Not included
- 3x Points on Dining
- $300 Dining Credit
- $300 StubHub Credit
- $120 Peloton Credit
- Free Apple Music/TV+
- Lounge access for Authorized Users
Bonus perks: After spending a higher amount ≥$120k/year, you’ll get the same perks as the personal card, except you’ll get a $500 credit for The Shops at Chase instead of $250.
Personal vs. Business Comparison
| The New Chase Sapphire Reserve® Credit Card | The New Sapphire Reserve for Business℠ Credit Card | |
| Annual Fee | $795 | $795 |
| Chase Travel Spend Bonus | 8x points on all Chase Travel purchases, including The Edit | |
| Flights & Hotels Spend Bonus | 4x points on flights and hotels booked direct | |
| Annual Travel Credit | $300 annual travel credit | |
| The Edit by Chase Travel Credit | $500 credit for stays with The Edit (up to $250 Jan-Jun, up to $250 Jul-Dec) | |
| Global Entry/TSA PreCheck/NEXUS Fee Credit | Up to $120 every four years | |
| Lounge Access | Chase Sapphire Lounge by The Club (with up to two complimentary guests), Priority Pass Select membership, select Air Canada Maple Leaf Lounges and Air Canada Cafés | |
| IHG One Rewards Status | Complimentary Platinum Elite status through Dec 31, 2027 (activation required) | |
| Reserve Travel Designers | Complimentary access with end-to-end travel planning | ❌ Not included |
| Annual Dining Credit | $300 annual dining credit (up to $150 Jan-Jun, up to $150 Jul-Dec at Sapphire Reserve Exclusive Tables) | ❌ Not included |
| Dining Spend Bonus | 3x points on dining worldwide, including eligible delivery | ❌ Not included |
| Sapphire Reserve Exclusive Tables Access | Yes, in partnership with Visa Dining Collection | |
| Apple TV+ and Apple Music | $250 annual value (complimentary subscription) | ❌ Not included |
| StubHub and viagogo Credit | $300 (up to $150 Jan-Jun, up to $150 Jul-Dec) | ❌ Not included |
| Lyft Credits & Points | $120 in annual Lyft in-app credits (up to $10 monthly), 5x total points on eligible Lyft rides through 9/30/27 | |
| DoorDash Value & DashPass | $300 DoorDash value, $120 DashPass membership (value for 12 months) | |
| Peloton Credit & Points | $120 credit towards Peloton Membership (up to $10/month), 10x points on equipment purchases over $150 through 12/31/27 | N/A |
| Authorized User Fee | $195 | $0 |
| Points Boost (Redemption Rate) | Up to 2x on select airline tickets and hotels through Chase Travel | |
| Premium Benefits | After spending $75k/yr: IHG One Rewards Diamond Elite Status, $500 Southwest Airlines Chase Travel credit, Southwest Airlines A-List Status, $250 Credit for The Shops at Chase | After spending $120k/yr: IHG One Rewards Diamond Elite Status, Southwest Airlines A-List Status, $500 Southwest Airlines credit, $500 Credit for Shops at Chase |
| Ad Spend Bonus | ❌ Not included | 3x points on Social Media/Search Engine Ads |
| ZipRecruiter Credit | ❌ Not included | $400 (up to $200 Jan-Jun, up to $200 Jul-Dec) |
| Google Workspace Credit | ❌ Not included | $200 annual statement credits |
| Giftcards.com Credit | ❌ Not included | $100 annually (up to $50 Jan-Jun, up to $50 Jul-Dec) |
Points Boost: A New Redemption Model
One of the biggest changes to the program is how you can redeem your Ultimate Rewards points. Previously, if you had a Chase Sapphire Reserve, points were worth 1.5¢ at Chase Travel. Starting 10/26/25 for existing cardholders (and immediately for new cardholders), all points earned will only be worth 1¢, unless you use the new Points Boosts program. All points earned prior to that date
Points Boost lets you get up to 2¢ of value per point when booking select flights and hotels, including:
- Premium cabins with airlines like United, Southwest, Emirates, Singapore, and more
- Hotels in The Edit
- Select economy flights (excluding basic economy)
Note for existing cardholders: all points earned prior to 10/26/25 will be redeemable for 1.5¢ at Chase Travel until 10/26/27.
Final Thoughts
Overall, I think The New Chase Sapphire Reserve® Credit Card is actually a solid upgrade, if you’re able to take advantage of the new perks. Yes, the higher annual fee and more complex rewards structure won’t be for everyone, and it does start to feel a bit like a coupon book. But if you already use services like Apple TV+, Peloton, or dine at included restaurants, the value will easily outweigh the fee.
As for The New Sapphire Reserve for Business℠, I’m less excited about the credits, but the welcome bonus is very enticing and if you spend a lot on advertising, getting 3x points uncapped is a big win. I’m pretty sure we’ll be adding one or two of them in our household in order to grab more of our favorite points without taking a hit to our 5/24 :).
Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
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