Link: Apply now for the Sapphire Reserve for BusinessSM
We’ve just seen the introduction of the new Sapphire Reserve for BusinessSM, which is Chase’s new premium business card. While the card has a steep annual fee, it also has strong perks, plus a massive welcome bonus. Given that the product is new to market, I’m sure a lot of people will be interested in applying, so let’s cover all the details of this offer.
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Chase Sapphire Reserve Business 200K points bonus
The Chase Sapphire Reserve Business has an incredible welcome offer of 200,000 Chase Ultimate Rewards after spending $30,000 within the first six months.
Personally, I value Ultimate Rewards points at 1.7 cents each, so to me, the points are worth $3,400. Admittedly the spending requirement is huge, but so is the bonus. I don’t recall ever seeing a publicly available bonus of 200,000 Ultimate Rewards points before.
Who is eligible for the Chase Sapphire Reserve Business bonus?
When it comes to applying for the Chase Sapphire Reserve Business, eligibility is unrelated to that of any other Chase Sapphire or Chase Ink card. That means if you’re eligible for business credit cards, you should be eligible for the welcome offer on this card, making this offer pretty widely available.
Keep in mind the general rules of applying for Chase cards, including the 5/24 rule (though there are increasingly reports of people being approved in spite of being over the 5/24 limit). If you’re trying to understand general Chase business card restrictions, the Chase Ink cards probably give you the best sense of what you can expect in terms of eligibility.
Why the Chase Sapphire Reserve Business is worth it
The $795 annual fee Chase Sapphire Reserve Business is a pretty compelling business card, with a great rewards structure. The card has the following perks, among other things:
- The Sapphire Reserve Business has a $300 annual travel credit, that can automatically be applied to any purchase coded as travel; this should basically be worth face value to anyone who has the card
- The Sapphire Reserve Business offers a Priority Pass membership, as well as access to Chase Sapphire Lounges (which are some of the best credit card lounges you’ll find anywhere), and access to select Air Canada Lounges
- The Sapphire Reserve Business offers other valuable annual credits, including up to $400 in ZipRecruiter credits, up to $200 in Google Workspace credits, up to $100 in Giftcards.com credits, and more
- The Sapphire Reserve Business has a lucrative rewards structure — earn 8x points on Chase Travel bookings, 4x points on flights and hotels booked direct, 3x points on advertising purchases made via social media sites and search engines, and 1x points on all other purchases
- The Sapphire Reserve Business has great travel protection, including for delayed flights, lost bags, rental cars, and more
- The Sapphire Reserve Business acts as a good “hub” card for Chase Ultimate Rewards, and lets you maximize the other cards in the portfolio, including the ability to transfer points to Chase travel partners
- The Sapphire Reserve Business offers a Global Entry, TSA PreCheck, or NEXUS credit, once every four years
- The Sapphire Reserve Business offers a good incentive for spending, because if you spend $120,000 per year on the card, you receive IHG One Rewards Diamond status, Southwest Rapid Rewards A-List status, a $500 Southwest credit, a $500 Shops at Chase credit, and more
Bottom line
The Chase Sapphire Reserve Business has just been launched, and is offering a welcome bonus of 200,000 Ultimate Rewards points upon completing minimum spending. While this card has a steep annual fee, it also offers strong perks, so I’m sure many people will have no issues justifying this annual fee.
Do you plan on picking up the Chase Sapphire Reserve Business with 200K bonus points?
Not so huge. The reason they are doing this is to offset the change in the terms so many people that are currently some sort of "sapphire" cardmember will not qualify. It looks more than it is.
Why is it that the only positive reviews of this and the personal CSR are neing paid to do so? I’m dropping mine as soon as the fee is due
@Ben, given the potential recent devalue of points just announced by Chase (I think you covered it yesterday), do you still value them at 1.7 cents each?
I’m seeing about 7 different posts from the last 10 about credit cards from Chase. As someone from outside the US, it’s totally irrelevant. I don’t mind the odd credit card marketing plug but it’s getting ridiculous. Loyalty Lobby is much better.
Well, to be fair, Chase has made a boatload of changes to its products recently.
I appreciate the blog's approach to those changes. Very fact specific posts highlighting the major changes and how they might impact existing and future cardholders.
I'm not going to keep my CSR when it comes up for renewal in February 2026. But I do appreciate the many posts on different aspects of the recent Chase changes.
I suppose that’s where this blog is more geared towards those in the US rather than an international audience!
Why would anyone waste 200K Chase points on Emirates' shitty business class? lol
@ DJT -- You can always upgrade to first day of departure!