Link: Learn more about the Sapphire Reserve for BusinessSM
Several months ago, we saw the introduction of the 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.
In this post:
Chase Sapphire Reserve Business 150K points bonus
The Chase Sapphire Reserve Business has a big welcome offer of 150,000 Chase Ultimate Rewards after spending $20,000 within the first 3 months.
Personally, I value Ultimate Rewards points at 1.7 cents each, so to me, the points are worth $2,550. Admittedly, the spending requirement is big, but so is the bonus.
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 an up to $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™ Select membership, as well as access to Chase Sapphire Lounges (which are some of the best credit card lounges you’ll find anywhere)
- 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
Read a full review of the Sapphire Reserve Business here.
Bottom line
The Chase Sapphire Reserve Business has a welcome bonus of 150,000 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 150K bonus points?
Hey just thought you should know, DoC reports a change in Sapphire card SUB eligibility - it's once per lifetime per card, and you can hold both CSP and CSR
Would this offer be available as an upgrade from an Ink Preferred business card?
@ Alex Stevens -- You're generally not eligible for the welcome bonus if you simply upgrade, so you'd need to apply outright to get the bonus.