Link: Apply now for the Sapphire Reserve for BusinessSM
It’s a busy time for Chase’s premium card portfolio. We’ve just seen the Chase Sapphire Reserve® Card undergo a full refresh (including a higher fee and new benefits), and we’ve also just seen the launch of a new business version of the Chase Sapphire Reserve, the Sapphire Reserve for BusinessSM (review). Let’s go over the details of this new business card.
In this post:
Details of the Chase Sapphire Reserve for Business
The Chase Sapphire Reserve for Business is Chase’s new premium business card, which has opened to 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 has a welcome bonus of 200K points
The Chase Sapphire Reserve for Business is launching with a massive welcome bonus of 200,000 bonus Ultimate Rewards points after spending $30,000 within the first six months. While the spending requirement is significant, the welcome offer is huge as well.
I value Ultimate Rewards points at 1.7 cents each, so to me, this welcome bonus is worth a massive $3,400. That’s a huge incentive to apply. Note that eligibility for the bonus on this card is unrelated to that of any other Chase card, so you’re eligible for this card (including the bonus) even if you have the personal version.
The card has a $795 annual fee
The Chase Sapphire Reserve for Business has a $795 annual fee, just like the personal version of the card. The difference is that adding authorized users to the card doesn’t cost extra. However, they don’t receive the same perks as the primary cardmember (like lounge access), unlike the personal version of the card.
The card offers valuable lounge access
The Chase Sapphire Reserve for Business offers 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 offers 1-8x points per dollar spent
The Chase Sapphire Reserve for Business has a rewards structure that’s similar to the personal version of the card, but not quite the same. Specifically, the card offers 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 has no foreign transaction fees, and there are 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 offers valuable credits & benefits
The Chase Sapphire Reserve for Business offers a variety of credits that can 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 offers benefits for spending $120,000 annually
The Chase Sapphire Reserve for Business offers additional benefits for those who spend at least $120,000 per year on the card. Specifically, the card offers 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 new Chase Sapphire Reserve for Business, 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
We’ve just seen the launch of the new $795 annual fee Chase 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 offers 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?
Great note about the ads on this site. I spend more time closing ads then I do reading articles at this point.
Ugh, not even clearly useful for the SUB since the spending is so high. Coupons ridiculous. AND hard to read this article with ads on top of ads popping up all over it.
As frustrated as people are, banks are businesses. There will always be someone who will still stick it out with the card or may even like it for whatever reason. It does not matter if it is a personal or business card, the banks are banking that the current card members continue to hold onto the card or having new current generation card members signing up for them. For future generations who will sign up...
As frustrated as people are, banks are businesses. There will always be someone who will still stick it out with the card or may even like it for whatever reason. It does not matter if it is a personal or business card, the banks are banking that the current card members continue to hold onto the card or having new current generation card members signing up for them. For future generations who will sign up for these cards, it will be the new norm for them. This is just like with airlines and hotels (as they are businesses too, so only care about making money) when people reminisce the good old days. For instance, people may complain about AA but you still fly with them for whatever reason that may be or they have issues with Marriott but they still stay with them.
The business card is very similar to that of the personal card and neither of them have strong perks. All of the perks are very specific and have a lot of terms to use them.
Basically, you're paying $495 for the sign up bonus (SUB) when you factor in the $300 travel credit. Otherwise, this is an inferior premium card in virtually every other possible way. Like others, I trust Ben, but this "article" sounds like TPG which I ran away from many years ago because of their focus on cramming products down people's throats.
Disappointed in how this is being pitched on this site. Clearly in bed with Chase on this one, because even as the comments suggest, this is in no way a great card for a $800 annual fee. Coupon book as others have stated, and how do you have only 3X on dining for a business card? What a let down.
*1X on dining
I'm a small business owner, and a tax CPA. This card could have been a home run --- but it isn't.
One the plus side, it's great to see lounge access bundled with a tax deductible business card fee (lounges on stand-alone basis are not tax deductible.)
The $300 travel credit (on the other hand) doesn't work very well as it offsets otherwide tax deductible business travel expenses. They could have done a better...
I'm a small business owner, and a tax CPA. This card could have been a home run --- but it isn't.
One the plus side, it's great to see lounge access bundled with a tax deductible business card fee (lounges on stand-alone basis are not tax deductible.)
The $300 travel credit (on the other hand) doesn't work very well as it offsets otherwide tax deductible business travel expenses. They could have done a better job of coming up with business benefits that mean something to me as a business owner.
I won't go chasing after Amex or Capital One, because they don't match up well either to my business needs.
So I'm likely to keep the Chase Ink Business Preferred and a couple of supplemental business credit cards rather than signing up for this new offering.
"otherwise"
Horrible card. Yes, I own a legitimate business.
I've had many years of massive amounts of spend with Chase annually, but as a result of this direction, I'm moving everything over to AmEx and Capital One...
Hope this backfires on Chase, so that they come to their senses.
This is just an overpriced coupon book. The time spent navigating restrictions and jumping through hoops isn't worth the savings. If you want my business, make it simple—not a part-time job.
This article is such a puff piece, it undermines your credibility. I used to think this was a reputable site but now I have to wonder. It's an awful card but you make it look like the complete opposite. Pretty disappointing read. :-(
Waste of money... Amex Platinum will pull the sane nonsense later this year. These premium cards have become a joke. Spending on business categories shoukd not be restricted to only certain items. I agree the product management team should be fired for this nonsense card release. It seems like they have not done any market research or collected data on what customers really want. Shameful!
Can anyone figure out when the credits kick in and when the earnings bonuses kick out. Can I go to a restaurant on June 24 and use my $150 credit before the following week to get another one?
What’s the sign up bonus? That’s the only way they will get a large number of folks. They need 150k sub with 10-15 k spend to be competitive.
LOL! holy crow, what an epic fail. BYE!
Garbage no 3X on other travel, like Uber or cruises. Just like the personal card -- gone to the dogs
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**
no reason 'Brooklynites' would want this either.
It will be interesting to see if people sign up for the Sub with absolutely no expectation of keeping it beyond Year 1.