It’s a huge day for Chase’s premium card portfolio. We’ve just learned about the details of major changes coming to the Chase Sapphire Reserve. Now we’ve learned about the details of the new business version of the Chase Sapphire Reserve, which we’ve known was on the way.
In this post:
Details of the Chase Sapphire Reserve for Business Card
The Chase Sapphire Reserve for Business is Chase’s new premium business card, which will open for applications as of June 23, 2025. This card has the same fundamental value proposition of the updated personal version of the card, with some distinctions, given that this is a business card. Let’s cover all the details, in no particular order.
The card will have a $795 annual fee
The Chase Sapphire Reserve for Business will have a $795 annual fee, just like the personal version of the card. The difference is that adding authorized users to the card won’t cost extra. However, they won’t receive the same perks as the primary cardmember (like lounge access), unlike the personal version of the card.
The card will offer valuable lounge access
The Chase Sapphire Reserve for Business will offer valuable lounge access perks, including:
- Access to Chase Sapphire Lounges, which are some of the best credit card lounges you’ll find
- A Priority Pass membership, including guesting privileges
- Access to select Air Canada Maple Leaf Lounges
The card will offer 1-8x points per dollar spent
The Chase Sapphire Reserve for Business will have a rewards structure that’s similar to the personal version of the card, but not quite the same. Specifically, the card will offer the following Ultimate Rewards bonus categories:
- 8x points on all purchases through Chase Travel
- 5x points on Lyft purchases through September 30, 2027
- 4x points on flights and hotels booked directly
- 3x points on advertising purchases made via social media sites and search engines
- 1x points on all other purchases
That’s a pretty lucrative and well-rounded rewards structure, if you ask me. Ultimate Rewards points can either be transfered to airline and hotel partners, or be redeemed through Chase Travel toward a travel purchase, with the new Points Boost feature.
The card will have no foreign transaction fees, and there will be two options in terms of credit limits. Cardholders can either get access to a flexible credit line with a pay in full requirement, or they can receive a credit line that allows them to pay for purchases over time with interest.
The card will offer valuable credits & benefits
The Chase Sapphire Reserve for Business will offer a variety of credits that will help offset the annual fee. These include the following:
- Up to $500 in hotel credits per year for The Edit by Chase Travel, in the form of a $250 credit semi-annually; this applies to hotel bookings that are a minimum of two nights
- Up to $400 in ZipRecruiter credits per year, in the form of a $200 credit semi-annually
- Up to $300 in annual travel credits, just like on the personal version of the card, which is super easy to use
- Up to $200 in Google Workspace credit per year, for purchases made directly with Google for Workspace and AI tools for business
- Up to $120 in Global Entry, TSA PreCheck, or NEXUS credits, every four years
- Up to $100 in Giftcards.com credits per year, in the form of a $50 credit semi-annually, for gift card purchases made through this link
The card will offer benefits for spending $120,000 annually
The Chase Sapphire Reserve for Business will offer additional benefits for those who spend at least $120,000 per year on the card. Specifically, the card will offer the following:
- IHG One Rewards Diamond status, which is IHG’s top tier status, offering perks like complimentary breakfast, room upgrades, and more
- Southwest Rapid Rewards A-List status, offering perks ranging from priority seating to free checked bags
- A $500 Southwest credit, for flights booked via Chase Travel
- A $500 Shops at Chase credit, valid for purchases with select brands, including Baccarat, Bang & Olufsen, Breitling, Tumi, and more
My take on the Chase Sapphire Reserve for Business Card
I’m excited to finally see Chase launch a premium business card, as this seems like it has been a major hole in the bank’s card portfolio. Odds are that most people will feel similarly about the refreshed personal version of the card as they do about the business version of the card, for better or worse.
With that in mind, here are a few thoughts:
- I’d really consider this card to cost $495 per year to hold onto, given that the $300 annual travel credit is more or less good as cash
- The rewards structure is great, for the most part, among the best you’ll find on any business card, especially given the lack of caps on bonus categories
- Many people will value the lounge access opportunities, though admittedly, there’s quite a bit of overlap there if you also have the personal version of the card
- Like so many premium cards nowadays, if you’re willing to put in the effort, there’s big value to be had, though this card definitely has quite a few hoops you have to jump through
Just to briefly summarize some of the key differences between the refreshed personal and business version of the card:
- The personal card has a $195 authorized user fee, while the business card has no authorized user fee
- The personal card offers 3x points on dining, while the business card offers 3x points on select advertising purchases
- The exact credits offered by the cards differ, with the personal version having a different focus with the credits than the business card
- The personal card offers additional perks for spending $75,000 per year, while the business card offers additional perks for spending $120,000
Bottom line
On June 23, 2025, we’ll see the launch of the $795 annual feeChase Sapphire Reserve for Business. This is an exciting development, as it’s basically the business version of Chase’s popular premium personal card. The card will offer valuable perks, like lounge access, great bonus categories, and lots of credits. Some people will find this card to be a no brainer, while others will probably look elsewhere.
What do you make of the new Chase Sapphire Reserve for Business?
As a business owner I disagree completely with your assessment that this is a magnificent business card. There are way, way too many coupons with stringent requirements and/or lack of practical use, I was expecting at least 3X earnings for dining since when people travel - this is billed as a travel card - they often eat, and the lack of lounge access for authorized users make this card a hard pass except possibly for a big signup bonus.
J U N K
Entertainment is a much better coupon book and it's a lot cheaper.
Coupon clipping nonsense card. Team responsible for this product should be fired.
No shipping multiplier oh well still hang on to the preferred.
Absolutely crap card, giant coupon book... Gonna be a lot of bloggers upset they aren't getting their referral fees on this one. $795 for a card you have to have a cheat sheet for.
HARD PASS
It has been noticeable Ben has not been critical of these changes very much. I hope it isn't because of the referral bonus because yeah most people are not going to find these credits useful.
I agree completely. I expected him to be much more critical... fishy?
Overall, these are 2 junk credit cards that nerf the usable features and exhibit the worst of couponification
No 3x on shipping like the Chase Ink Preferred, either.
Strongly Terrible Perks*
Fixed the headline. Most casual users will never get the value, and cancel.
Is there a limit on the category spend? Like the preferred has 150k limit per year.
@ Anon -- Nope, no cap on the bonus categories, which is nice.
Not at all interesting for my business. Swing and miss, unfortunately.
To be honest, the only thing that I care about on this card is going to be the SUB
Yawn......
No thanks, not wanting to track which coupons I use throughout the year to ensure I get the value promised by the card.
I'm sure all 12 Brooklynites they targeted for this card are overjoyed.
For the rest of us **raspberry noise**