Chase · Flexible points · Visa
Chase Sapphire Reserve: what it's really worth
The Chase Sapphire Reserve has a $795 annual fee. For a typical household spending $2,070 a month, it's worth about $2,008 in year one and $508 each year after.
Annual fee$795
Sign-up bonus$1,500100,000 points after $6,000 in 3 mo
Net value · year 1$2,008
Net value · each year after$508
Sources reported both 100,000 and 125,000 points in 2026 — check Chase for today's offer.
Calculate it with your own spendingIs the annual fee worth it?
Worth keeping after year one for typical spending: it nets about $2 a year more than the Hilton Honors Card, the best no-fee card for the same spending.
How you earn
| Category | Rate | Value per $1 | Per year* |
|---|---|---|---|
| Dining | 3x | 4.5¢ | $162 |
| Groceries | 1x | 1.5¢ | $90 |
| Hotels | 4x | 6.0¢ | $58 |
| Flights | 4x | 6.0¢ | $72 |
| Gas | 1x | 1.5¢ | $27 |
| Streaming | 1x | 1.5¢ | $7 |
| Everything else | 1x | 1.5¢ | $162 |
*At typical monthly spending: dining $300, groceries $500, hotels $80, flights $100, gas $150, streaming $40, everything else $900. 8x on everything booked through Chase Travel.
Credits and perks
- $300 annual travel credit — Applied automatically to almost any travel purchase. We count about $300 a year, since most people don't use every dollar.
- $300 dining credit — $150 twice a year at Sapphire Reserve Exclusive Tables restaurants. We count about $150 a year, since most people don't use every dollar.
- $500 The Edit hotel credit — $250 twice a year on 2+ night stays booked via The Edit. We count about $200 a year, since most people don't use every dollar.
- $300 StubHub credit — $150 twice a year on StubHub / viagogo tickets. We count about $75 a year, since most people don't use every dollar.
- Airport lounge access
- Global Entry / TSA PreCheck credit
- Foreign transaction fee: none
Who it's for
- Frequent travelers who'll use the $300 travel credit
- Lounge access when you fly
- Not ideal: Anyone who won't use the semi-annual credits — the fee is $795
Can I get it?
- Recommended credit: Excellent
- Chase rules: 5/24: usually denied if you've opened 5+ personal cards (any bank) in the last 24 months. The bonus may be unavailable if you've had this card before.
- Visa: Accepted almost everywhere, including Costco warehouses (Visa only).
Check the current offer at Chase
Similar cards
Chase Sapphire Preferred$1,686 year 1 · $95 feeAmerican Express Platinum Card$1,720 year 1 · $895 feeAmerican Express Gold Card$1,701 year 1 · $325 feeCapital One Venture X$1,741 year 1 · $395 fee
Updated Oct 30, 2026.