The Sapphire Reserve for Business℠ is Chase’s premium business credit card that was launched in 2025. Essentially think of this as being the business version of the Chase Sapphire Reserve® Card (learn more), which is one of the most popular premium cards out there.
The Sapphire Reserve Business has a high annual fee, but also offers strong perks that will for many people more than help justify that fee. This post is my Chase Sapphire Reserve for Business review. If you’re willing to put in the effort, this card can absolutely be worth it, especially if you value airport lounge access. The welcome bonus on the card is also a major incentive to pick it up.
Link: Learn more about the Sapphire Reserve for Business℠
Chase Sapphire Reserve Business summary & key details
Before I get into my Sapphire Reserve Business review, here’s a brief summary of the key details of the card:
- Annual fee: $795
- Welcome offer: 200,000 Ultimate Rewards points after spending $30,000 within the first six months
- Points earning rate: 8x points on Chase Travel bookings, 5x points on Lyft rides (through September 30, 2027), 4x points on direct flight & hotel bookings, 3x points on select advertising, and 1x points on everything else
- Perks & credits: Up to $500 in annual hotel credits, up to $400 in annual ZipRecruiter credits, up to $300 in annual travel credits, up to $200 in annual Google Workspace credits, and more
- Airport lounge access: Access to Chase Sapphire Lounges and a Priority Pass membership
- Foreign transaction fees: None
- Best for: Small businesses who value airport lounge access, who spend a decent amount on categories eligible for bonuses (airfare, hotels, advertising), and who can take advantage of the credits to help offset the annual fee
Below are what I consider to be the pros and cons of the Sapphire Reserve Business.
Sapphire Reserve Business pros | Sapphire Reserve Business cons |
|---|---|
A good rewards structure, especially for airfare and hotels | Steep $795 annual fee that takes effort to maximize |
A large number of credits that can offset the fee | Not great for non-bonused spending rewards |
Valuable airport lounge access perks | Credits take effort to maximize, so do your own math |
Chase Sapphire Reserve Business bonus, fee, & eligibility
The Sapphire Reserve Business has a huge welcome bonus, so let’s start by going over that, including eligibility requirements for the card, since that’s something that many people care about. I’ll also cover the annual fee.
Welcome bonus of 200K Ultimate Rewards points
The Sapphire Reserve Business is offering a huge limited time welcome bonus of 200,000 Ultimate Rewards points after spending $30,000 within the first six months.
While the spending requirement is significant, so is the bonus, so this is a great opportunity for those looking to replenish their balance of Ultimate Rewards points. Personally, I value Ultimate Rewards points at 1.7 cents each, so to me, the points are worth $3,400.
Card bonus eligibility restrictions & credit score tips
Since the Sapphire Reserve Business is still quite new, lots of people should be eligible for the card, including the welcome offer. Eligibility for this card is unrelated to having any other Chase card, whether it’s a personal card like the Chase Sapphire Reserve® Card (learn more), or a business card like the Ink Business Preferred® Credit Card (learn more).
Cards don’t get much easier than this in terms of being eligible for the offer. That being said, Chase business cards can sometimes be hard to get approved for, though there are ways to maximize your odds of approval.
Chase is known for the 5/24 rule, whereby you sometimes won’t be approved for cards if you’ve opened five or more new card accounts across issuers in the past 24 months (excluding certain business cards). So, what’s the Chase Sapphire Reserve Business 5/24 situation?
In theory, the Sapphire Reserve Business is subject to 5/24. However, Chase no longer consistently enforces this, so it seems to only be enforced on a case-by-case basis. Furthermore, while you need to be under the 5/24 limit to qualify for a Chase business card, opening up a Chase business card doesn’t add an extra card to the 5/24 “counter.” As a result, I always recommend applying for Chase business cards before you apply for Chase personal cards.
$795 annual fee & $0 authorized user fee
The Sapphire Reserve Business has a $795 annual fee, aligning it with the annual fee on the personal version of the card. This is among the highest annual fee business cards out there.
You can add Sapphire Reserve Business employee cards at no extra cost. However, note that employee cards (authorized users) don’t receive the same perks as primary cardmember in terms of lounge access, credits, etc. So if you add authorized users, do it because you want them to be able to spend on your account and have you rack up points, rather than anything else.
Chase Sapphire Reserve Business points earning & rewards
The Sapphire Reserve Business has a lucrative points earning structure, and offers quite a few bonus categories, in addition to more rewards if you reach a certain spending threshold. Obviously when applying for a credit card, I always recommend getting one with bonus categories that align with your typical spending profile. The card offers up to 8x points per dollar spent, so let’s go over the details of that.
8x points on Chase Travel portal bookings
The Sapphire Reserve Business offers 8x points on all purchases through Chase Travel℠, which is Chase’s travel portal. This includes spending on flights, hotels, rental cars, and more. While there’s sometimes an opportunity cost to booking this way, I’d consider this to be pretty awesome, since earning 8x points on flight bookings is industry leading.
Since I value Ultimate Rewards points at 1.7 cents each, to me that’s the equivalent of a 13.6% return on travel spending, but only through Chase Travel. I’d consider that to be pretty enticing, assuming you don’t mind booking through a portal.
5x points on Lyft rides
Chase and Lyft have a partnership, and with this, the Sapphire Reserve Business earns 5x points on Lyft rides, valid through September 30, 2027. To me, that’s the equivalent of an 8.5% return on Lyft spending, making this one of the best cards for rideshare spending.
4x points on direct flight & hotel bookings
The Sapphire Reserve Business offers 4x points on flights and hotels that are booked direct. That means if you book a flight directly with an airline or a hotel stay directly with a hotel (rather than through an online travel agency), you get an excellent return on that spending.
Based on my valuation of points, that’s the equivalent of a 6.8% return on that spending.
3x points on select advertising
The Sapphire Reserve Business offers 3x points on social media & search engine advertising. Note that as of November 15, 2026, this category will be capped at $1 million in spending each anniversary year, and after that, cardmembers will earn 1x points in this category.
This is a popular spending category for many businesses, and I value 3x points at a 5.1% return.
No foreign transaction fees
The Sapphire Reserve Business has no foreign transaction fees, so this is an excellent card to use for purchases globally, since you can earn valuable rewards while not being stuck with those fees, which are sometimes 3%. This is especially useful for spending in the hotel and airfare categories, since you can earn bonus points while also avoiding foreign transaction fees.
$120,000 annual spending bonus benefits
If you spend $120,000 per calendar year on the Sapphire Reserve Business, you receive a slew of extra benefits, including the following:
- IHG One Rewards Diamond status, which is IHG’s top tier status, offering perks like complimentary breakfast, room upgrades, and more
- World of Hyatt Explorist status, which is Hyatt’s mid tier status, offering perks like room upgrades, bonus points, guaranteed 2PM check-out at most hotels, 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
Everyone will value these perks differently, but I’d say this has the potential to factor nicely into the overall value proposition of spending on the card.
Chase Sapphire Reserve Business points redemption options
The Sapphire Reserve Business earns Ultimate Rewards points, which I find to be one of the most valuable flexible points currencies. Not only that, but having the Sapphire Reserve Business means that you can potentially redeem your points for more than you could if you had other cards. As I’ll explain below, there are a couple of ways that you can most efficiently redeem your Ultimate Rewards points.
Transfer points to airline & hotel partners
My favorite way to redeem Ultimate Rewards points is to transfer them to one of the Chase Ultimate Rewards airline or hotel partners. This is a great option if you want to book aspirational travel, like staying at a five star hotel or redeeming for first or business class travel.
Just make sure you study up on this, and learn the tips & tricks of maximizing points. Below are the Ultimate Rewards transfer partners.
Airline Partners | Hotel Partners |
|---|---|
IHG One Rewards | |
What makes points transfers so useful is how you can get disproportionate value if you put effort into maximizing your points. For example, I’ve redeemed 60,000 Air France-KLM Flying Blue miles for a transatlantic Air France business class ticket (which would’ve cost thousands of dollars), and I’ve also redeemed 45,000 World of Hyatt points for a night at the Park Hyatt Tokyo (which would’ve cost $1,500). So that gets you way more value than you’d typically otherwise get when cashing out those rewards.
Redeem points for up to two cents each toward travel
You can also redeem Ultimate Rewards points through Chase’s website, for everything from gift cards, to flight and hotel redemptions. Typically, Ultimate Rewards points will get you a minimum of one cent per point of value toward travel redemptions, though thanks to the Points Boost feature, you can sometimes get more value with points than that.
For example, if you have the Sapphire Reserve Business, you can redeem points for two cents each toward The Edit by Chase Travel luxury hotel bookings, and for airfare on select airlines. The exact value you get ranges, with the elevated Points Boost options providing anywhere from 1.25-2.0 cents of value per point. If you can get two cents of value per point, I’d say that’s a pretty great opportunity.
Chase Sapphire Reserve Business lounge access perks
The Sapphire Reserve Business offers excellent airport lounge access perks, including a Priority Pass™ membership and access to Chase Sapphire Lounges. Note that these benefits only apply for the primary cardmember, and not for authorized users.
Priority Pass™ membership
The Sapphire Reserve Business offers a Priority Pass™ membership, which gets you access to the world’s largest collection of independent lounges. Best of all, this membership allows you to take two guests with you at no additional cost.
Priority Pass has 1,300+ airport lounges around the world, so access to these lounges will prove useful to just about any traveler.
Chase Sapphire Lounge access
The Sapphire Reserve Business also offers Chase Sapphire Lounge access. These lounges are exceptional, among the best credit card lounges out there, and among the best in the United States. Primary cardmembers on the Sapphire Reserve Business receive unlimited visits annually, with the ability to bring two guests.
This network of lounges is a huge reason to consider picking up this card, as these lounges really are a treat, especially the ones at New York LaGuardia and Boston Logan. The one caution I’d add is that while Chase Sapphire Lounges are very high quality, the network currently isn’t as large as the Amex Centurion Lounge network.
Chase Sapphire Reserve Business credits & benefits
What really sets the Sapphire Reserve Business apart from other business cards is the strong perks that it offers, including lots of credits. Admittedly there are hoops to jump through, and not everyone will be able to maximize the benefits.
But hopefully for many people, the perks will go a long way to offsetting the annual fee (if they don’t, you might be better off with another card). Some people will even be able to come out ahead with all the credits and benefits. The credits partly overlap with those on the personal version of the card, but there are also some significant differences.
Up to $500 annual hotel credit
The Sapphire Reserve Business offers up to $500 in annual hotel credits. This benefit is specifically valid for hotel bookings with The Edit by Chase Travel, which is Chase’s collection of luxury hotels, where cardmembers can receive extra perks when booking through the program. In order to take advantage of this credit, cardmembers need to book a stay of a minimum of two nights, with the “pay now” feature.
This credit is semi-annual, meaning you can get a $250 credit in January through June, and a $250 credit in July through December. Personally, I wouldn’t value this credit at close to face value, since many hotels belonging to the portfolio are quite expensive. That’s not to say that people won’t get use from this benefit, but I just wouldn’t factor this into the math on the card too much.
Note that as of 2027, this benefit will be getting even better, as the credit will double from $500 to $1,000. However, this will be split up into four credits with the same restrictions you’ll currently find.
Up to $400 annual ZipRecruiter credit
The Sapphire Reserve Business offers up to $400 in annual ZipRecruiter credits. This credit is semi-annual, meaning you can get a $200 credit in January through June, and a $200 credit in July through December. This benefit is currently valid through December 31, 2027.
Obviously this is extremely niche, and I imagine most cardmembers won’t be able to maximize this.
Up to $300 annual travel credit
The Sapphire Reserve Business offers up to $300 in annual travel credits. This credit is easy to use — there’s no registration required, and any purchases that are coded as travel will be reimbursed automatically. This could include flights, rideshares, taxis, train tickets, hotels, and more. You don’t have to use the entire credit in one transaction, but rather, can use it across as many transactions as are needed.
Note that this benefit is based on the anniversary year rather than the calendar year, and you can track your progress with using this benefit on Chase’s website or app. Since I consider this to basically be good as cash, I tend to think this lowers the card’s out of pocket by around $300.
Up to $300 DoorDash credit & DashPass membership
The Sapphire Reserve Business offers benefits with DoorDash. For one, you receive a complimentary DashPass membership, valid for at least one year, if you activate by December 31, 2027. This is a value of up to $120 per year.
With DashPass, you pay a $0 delivery fee when ordering from thousands of restaurants and grocery stores nationwide. Certain minimums apply in order to get the $0 delivery fee. You also receive reduced service fees.
On top of that, the card offers up to $300 in DoorDash credits each year, in the form of up to $25 in monthly credits. However, this is broken down quite a bit — it includes a $5 monthly promo credit to spend on restaurant orders, and two $10 promo credits to spend on groceries, retail, and more.
Personally, I wouldn’t place much value on this in terms of justifying the annual fee, but some people will certainly still save.
Up to $250 one-time Chase Travel Hotels credit
In addition to the annual hotel credit with The Edit by Chase Travel, the Sapphire Reserve Business also offers up to $250 in hotel credits on a one-time basis. This is specifically valid through December 31, 2026, when booking select hotels through Chase Travel Hotels.
Specifically, it works for prepaid Chase Travel hotel bookings for stays with IHG Hotels & Resorts, Montage Hotels & Resorts, Pendry Hotels & Resorts, Omni Hotels & Resorts, Virgin Hotels, Minor Hotels, and Pan Pacific Hotels and Resorts, with a two night minimum stay required. While this isn’t an ongoing perk, it sure can add quite a bit of one-time value.
Up to $200 annual Google Workspace credit
The Sapphire Reserve Business offers up to $200 in annual Google Workspace credits. This is more straightforward, and the entire credit can be used at once. This applies for qualifying purchases with Google or Workspace.Google.com. This benefit is currently valid through December 31, 2027.
Up to $120 annual Lyft credit
In addition to 5x points on Lyft rides, the Sapphire Reserve Business also offers up to $120 in annual Lyft credits. This credit is monthly, meaning you receive a $10 credit each month. This can be applied toward Lyft rides for Standard, Extra Comfort, XL, Black, or Black SUV ride modes. This benefit is currently valid through September 30, 2027.
Up to $100 annual giftcards.com credit
The Sapphire Reserve Business offers up to $100 in annual giftcards.com credits. Specifically, this applies for purchases of “curated” gift cards from this page. This credit is semi-annual, meaning you can get a $50 credit in January through June, and a $50 credit in July through December. This benefit is currently valid through October 31, 2028.
While small in terms of the total amount, this credit is worth close to face value, if you ask me. For example, you could pick up a $50 DoorDash credit every six months, if you wanted to. You just have to remember to do so.
Global Entry, NEXUS, or TSA PreCheck credit
The Sapphire Reserve Business offers a Global Entry, NEXUS, or TSA PreCheck credit once every four years. Just charge the membership fee to your card, and it will automatically be reimbursed. It doesn’t matter who the fee is being paid for, as long as you charge it to your eligible card.
IHG One Rewards Platinum status
Above I covered how the Sapphire Reserve Business offers top tier IHG One Rewards Diamond status if you spend $120,000 per year on the card. However, the card also offers mid tier IHG One Rewards Platinum status, just for being a cardmember. This offers perks like 60% bonus points, room upgrades subject to availability, welcome amenities, and more.
Complimentary status is currently available through December 31, 2027, though it’s possible the benefit gets extended beyond that. You must link your Chase and IHG accounts to take advantage of this.
Other card benefits & protections
Beyond the benefits listed above, the Sapphire Reserve Business offers additional lifestyle benefits, including access to Sapphire Reserve Exclusive Tables (on OpenTable), and concierge services for dining, entertainment, and travel.
The card also offers valuable travel and purchase protections, though you’ll want to consult the cardmember agreement for all of those details, as they’re always subject to change, and frankly, I’d have to include way too many disclaimers to list them all here.
Is the Chase Sapphire Reserve Business worth it?
The Sapphire Reserve Business is still fairly new to the market, and there just aren’t that many business cards that are quite this premium. Admittedly the card has a high annual fee, so it won’t be for everyone. How you feel about the personal version of the card is probably very similar to how you feel about the business version of the card.
So, is the card worth it? To start, it’s worth pointing out that the welcome bonus on this card is absolutely massive, and that’s an incentive to pick up this card, assuming you can reach the minimum spending requirement. Even if you’re not sure if the card is right for you in the long run, you might as well give it a try, given the huge bonus.
What’s my take on the overall value proposition of this card? Obviously you’d primarily want to get the card because of the bonus categories on spending that it offers, and/or because you value the lounge access.
When it comes to trying to recoup that $795 annual fee, here are my thoughts on that:
- I consider the $300 annual travel credit to basically be worth face value, lowering the real out of pocket on this card to $495 per year
- I actually think the $100 annual giftcards.com credit is the next easiest to use, as it basically allows you pick up a useful $50 gift card every six months
- The ZipRecruiter and Google Workspace credits are also a bit more niche, so I imagine that most cardmembers won’t be able to maximize those, but some people will
- The DoorDash and Lyft credits do add up over time (at least as someone who uses both of those frequently), though admittedly the monthly quantities are so small that it’s hard to get too excited
- The Edit by Chase Travel credit could also be valuable, but there’s often an opportunity cost to booking that way, so I wouldn’t factor that too much into my decision of whether to keep the card
Everyone will have a different take as to how rewarding this card is, but those are my thoughts. For what it’s worth, I’ve had this card for around a year now. While I find the card to be valuable, the issue is that I also have the Chase Sapphire Reserve, and there’s quite a bit of overlap between the two cards. Based on my own spending patterns, I think my plan is to keep the personal version of the card, but probably not the business version of the card.
With that out of the way, let me compare this to some other cards, including the personal version of the card, other premium business cards, and more.
Sapphire Reserve Business vs. Sapphire Reserve
The Sapphire Reserve Business is based on the Sapphire Reserve, so how do the two cards compare? There’s a lot of overlap between the two products, including the annual fees for the primary cardmember, so let me highlight some of the key differences:
- The Sapphire Reserve offers 3x points on dining, while the Sapphire Reserve Business offers 3x points on select advertising
- The Sapphire Reserve charges $195 per authorized user (and they receive lounge access), while the Sapphire Reserve Business charges $0 per authorized user (but they don’t receive lounge access)
- The Sapphire Reserve offers up to $300 in annual dining credits, up to $300 in annual Stubhub & viagogo credits, and up to $288 in annual Apple TV & Apple Music benefits, while the Sapphire Reserve Business offers up to $400 in annual ZipRecruiter credits, up to $200 in annual Google Workspace credits, and up to $100 in annual giftcards.com credits
- The Sapphire Reserve offers Air Canada Lounge access, while the Sapphire Reserve Business doesn’t
The similarities between the cards outnumber the differences, so the best option really depends on what return on spending you value most, and also what credits and benefits you would get the most value out of.
Sapphire Reserve Business vs. Ink Business Preferred
The Ink Business Preferred® Credit Card (learn more) has a $95 annual fee, and is another popular business card. There are lots of things to love about this card — it has a reasonable annual fee, a generous welcome bonus, and a great rewards structure.
While both cards are rewarding when it comes to earning points, otherwise, these are very different products. The Ink Business Preferred is a great value card, given the combination of the fee and rewards structure. However, the Sapphire Reserve Business is great for offering lounge access and lots of credits that help offset the fee.
Everyone will have to decide for themselves which card makes the most sense. Either could be a good value, and heck, I’d argue that both cards could be worth applying for, as they’re not mutually exclusive.
Sapphire Reserve Business vs. Amex Business Platinum
The Business Platinum Card® from American Express (learn more) has an $895 annual fee (Rates & Fees), and is probably the most direct competitor to the Sapphire Reserve Business. Which of the two cards is better? There are so many benefits to be aware so, if I recommend checking out my Amex Business Platinum review to compare, though let me hit on a few highlights of the differences of the cards, as I see it:
- The Sapphire Reserve Business has much more lucrative spending bonus categories, while I primarily find the Amex Platinum to only be useful for a limited number of business spending categories
- Both cards are great for airport lounge access, so which is better depends on which lounge network you’d get more value from — the Sapphire Reserve Business is better for Chase Sapphire Lounge access, while the Amex Business Platinum is better for Amex Centurion Lounge access and Delta Sky Club® access (both cards get you Priority Pass™ access) (Enrollment required)
- While both cards offer a variety of credits, personally I find the credits on the Amex Business Platinum to be a bit easier to maximizing, including the up to $600 in annual hotel credits
So there’s not a right or wrong answer as to which is better. It all depends on your spending and travel patterns, and for some people, it could be worth having both.
Sapphire Reserve Business vs. Amex Business Gold
The American Express® Business Gold Card (learn more) has a $375 annual fee (Rates & Fees), and while I wouldn’t say it’s a direct replacement to the Sapphire Reserve Business, it definitely is a competitor.
Rather than being about airport lounge access and other travel perks, the Amex Business Gold is instead all about points, as the card offers up to 4x Membership Rewards points on spending in certain categories. On top of that, the card offers credits that can help offset the annual fee.
Personally I’d only consider this card if the bonus categories match up closely with your spending patterns.
Sapphire Reserve Business vs. Venture X Business
The Capital One Venture X Business (learn more) has a $395 annual fee, and is Capital One’s premium business travel card. I’d argue it’s perhaps the easiest to justify premium card on the market.
- The Venture X Business offers a $300 annual Capital One Travel credit, as well as 10,000 anniversary bonus miles every year; as I see it, those two perks basically offset the annual fee on an ongoing basis
- The Venture X Business offers a minimum of 2x miles per dollar spent, so I consider it to be the best premium personal card for rewards on everyday spending
- The Venture X Business offers access to Capital One Lounges and Capital One Landings, as well as a Priority Pass membership
So while the card might not be quite as robust as the Sapphire Reserve Business or Amex Business Platinum, it’s also not as much of a chore to actually extract a lot of value from the card.
Chase Sapphire Reserve Business Card FAQs
Bottom line
The Sapphire Reserve Business is Chase’s premium business card, built on the basics of the Sapphire Reserve. The card has a steep $795 annual fee, but offers lots of perks, which for many people will help justify the annual fee.
The most valuable perks are lounge access, including a Priority Pass™ membership and access to Chase Sapphire Lounges. The card also offers a potentially valuable rewards structure, with bonus categories offering 3-8x points in select categories.
The challenge is recouping that $795 annual fee, which is obviously steep. That’s where the credits come into play. This includes everything from a very easy to use $300 travel credit, to more niche credits with ZipRecruiter and Google Workspace, to frequent and small credits with DoorDash and Lyft. Everyone will be in a different boat when it comes to their ability to justify the fee based on those credits.
I hope my Chase Sapphire Reserve for Business review answered any questions you may have about the card.
To learn more about the Sapphire Reserve Business follow this link.
The following links will direct you to the rates and fees for mentioned American Express Cards. These include: American Express® Business Gold Card (Rates & Fees), and The Business Platinum® Card from American Express (Rates & Fees).
No mention of the recent 3/24 datapoints all over the place?
DoC has an article on it with lots of reports that Chase seems to be enforcing a new 3/24 rule on new business cards (many reports indicating that Chase Business cards count against this, too!)
I was denied this month at 4/24, and will try again next month when I drop to 2/24. Albeit I am 3/24 when including a Hyatt Biz card I opened last year, so I might be SOL.
This has to be the worst coupon book card ever. Ziprecruiter? $5 DoorDash credit? It's kind of insulting that they even bothered adding such useless credits. Taking the SUB and closing.
Another "premium" card which is good for SUB, I'll be closing on the renewal. I can't figure out why none of these business credit cards don't have 3-4 point categories for construction. This is so dumb.
Just got approved today, 44k limit. I only care about the 200,000 bonus and $300 travel credit. Rest of it I will not use. I will net 17 free nights at Hyatt Regency Bangkok worth roughly $3400 after the 200,000 points plus the 30,000 points on the spend add the travel bonus and minus the fee .After I get the bonus, I will close the card and move on to the next Chase Visa. Thank you, Chase.
Language directly from Chase:
Spend $120,000 and unlock a suite of additional benefits*
including up to $500 in statement credits for The Shops at Chase*, IHG® One Rewards Diamond Elite Status*, Southwest® Rapid Rewards A-List Status*, and up to $500 in statement credits for Southwest Airlines flights booked through Chase Travel*. You'll receive the benefits for each calendar year in which you qualify and through the following calendar year.
Isn't it only platinum status in IHG, not diamond?
The base benefit is Platinum status. When spending $120k or more on the business version of the card, Diamond status is granted.
Negative comments in three . . . two . . . one . . .