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The Chase Sapphire Reserve for BusinessSM (see rates and fees) is Chase's newest business card that brings premium benefits and uncapped rewards at a hefty price.
While the card does carry an annual fee of $795, it can be offset by offering over $2,500 in value a year, from travel benefits to business tools. Here's a full review on the card so you can decide if it's a good fit for your business needs.
The Chase Sapphire Reserve for Business brings over $3,000 in value to business owners who value travel and premium experiences
- $400Â in annual statement credits on purchases made directly with ZipRecruiter.
- $300 annual travel credit each anniversary year
- $120 Global Entry, TSA Precheck or Nexus fee credit every four years
- Access to 1,300+ airport lounges worldwide with your complimentary Priority PassTM Select membership, including Sapphire Lounge by The Club locations with two complimentary guests
- Can transfer rewards to all of Chase’s 14 travel partners
- IHG One Rewards Platinum Elite status through 12/31/27
- Comprehensive suite of travel and purchase protections
- High annual fee
- Significant value tied to statement credits
- Requires a high credit score
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 150,000 bonus points after you spend $20,000 on purchases in your first 3 months from account opening.
- $6,000+ in value your first year. 150K points, valued at $3,000 for select flights and hotels through Chase TravelSM, plus $3,000+ in annual value through travel and business benefits.
- Earn 8x points on Chase TravelSMÂ for airline tickets, hotels, including The EditSM, car rentals, cruises, activities and tours.
- Earn 5x total points on Lyft rides through 9/30/27.
- Earn 4x points on flights & hotels booked direct.
- Earn 3x points on social media & search engine advertising.
- Get the most flexible travel credit compared to any other card, with up to $300 in statement credits each anniversary year on travel purchases.
- Enjoy complimentary access to the Chase Sapphire Lounge® by The Club network and Priority PassTM Select membership. Two guests may accompany the Primary Cardmember to the lounges free of charge.
- Member FDIC
Chase Sapphire Reserve for Business review
Welcome bonus
New Chase Sapphire Reserve for Business cardholders can earn 150,000 points after spending $20,000 on purchases in the first three months of account opening.
Benefits and perks
The Chase Sapphire Reserve for Business comes loaded with premium statement credits and perks, totaling over $3,000 in value each year.
Statement credits
- $6,000+ in value your first year. 150K points, valued at $3,000 for select flights and hotels through Chase TravelSM, plus $3,000+ in annual value through travel and business benefits.
- Up to $500 credit for stays with The EditSM by Chase Travelâ„ : This credit is split into two $250 increments, with one available January through June and the second $250 from July through December.
- $300 annual travel credit: A statement credit will automatically be applied to your account for eligible purchases each anniversary year on travel purchases, up to $300 per year.
- Up to $120 Global Entry, TSA PreCheck® or Nexus credit every four years: Make sure you use the Sapphire Reserve for Business card for the application fee to get reimbursed properly.
- $300 DoorDash value and $120 DashPass membership: Once you've enrolled in your complimentary DashPass membership, you'll receive up to $25 a month (a $5 restaurant promo and two $10 promos) to spend each month.
- $400 ZipRecruiter hiring credit: Another statement credit split into two chunks, up to $200 in statement credits from January through June and up to $200 from July through December.
- Up to $200 Google Workspace credit: Google Workspace allows users access to a suite of AI-powered tools that could help accelerate their businesses.
- Up to $120 in annual Lyft in-app credits: This credit will be split into $10 monthly.
- Up to $100 Giftcards.com credit: Split into two credits, $50 available from January to June and another $50 from July to December.
There are a handful of additional credits after spending $120,000 in a calendar year on the card:
- IHG One Rewards Diamond Elite Status: The highest tier of IHG One Rewards, offering reward night discounts and complimentary upgrades when available.
- Southwest Airlines A-List Status and $500 credit: In addition to A-List Status with the airline, you'll also receive $500 in statement credits for Southwest Airlines flights booked through Chase Travel.
- $500 Shops at Chase credit: A new online shopping experience where you can choose to spend your Ultimate Rewards on products from a number of brands, including Ray-Ban and Dyson.
Additional perks
On top of the pure value from statement credits, the Sapphire Reserve for Business has a handful of other features that could be useful:
- Complimentary access to Chase Sapphire and Priority Pass lounges: Access to eight Chase Sapphire lounges and over 1,300 Priority Pass airport lounges, with up to two guests at no additional charge.
- IHG One Rewards Platinum Elite Status: Platinum Elite Status is just one tier below IHG's top status, Diamond Elite, and earns you perks like reward night discounts and complimentary upgrades when available.
- Access to Chase Sapphire Reserve Exclusive Tables: Helps you secure reservations for cardmembers at 275+ of the most sought-after restaurants in major cities.
- Comprehensive suite of travel and protections: This includes premium perks like trip cancellation and interruption insurance, plus purchase protection.
- Access to two different lines of credit: "Pay in Full" requires the balance to be completely paid each month, and "Flex for Business" allows for payments over time with interest.
How to earn and redeem Chase Ultimate Rewards points
The Chase Sapphire Reserve for Business doesn't limit your maximum earnings in any of its reward categories and earns in the form of Chase Ultimate Rewards points.
Earning
- 8X points on Chase Travel purchases
- 5X points on Lyft rides through Sep. 30, 2027
- 4X points on flights and hotels booked directly
- 3X points on social media and search engine advertising
- 1X points on all other purchases
While these are fairly standard offerings for a business card, the fact that you can earn an unlimited 3X points on social media and search engine advertising could be a nice benefit for many businesses looking to increase their marketing reach.
And the 4X points for flights and hotels booked directly can be a nice fallback if the options currently available through Chase Travel don't fit your needs.
Redeeming
Chase Ultimate Rewards can be redeemed in several ways, including as statement credits or gift cards, but often the most value comes when you transfer them to one of Chase's 14 travel partners. The partners include 11 airlines and 3 hotels:
- Aer Lingus AerClub
- Air Canada Aeroplan
- British Airways Executive Club
- Emirates Skywards
- Flying Blue (KLM and Air France)
- Iberia Plus
- JetBlue TrueBlue
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards
- United MileagePlus
- Virgin Atlantic Flying Club
- IHG One Rewards
- Marriott Bonvoy
- World of Hyatt
One of the nice parts about transferring points with Chase is that all the points transfer at a 1:1 ratio, regardless of the partner you're moving points to. Which airline or hotel you ultimately choose will depend on where you're headed but some partners, like United MileagePlus and World of Hyatt, offer more options.
The Sapphire Reserve for Business will also be a part of Chase's new Points Boost feature. This allows Reserve cardholders to redeem their rewards for up to 2X when booking select top hotels and flights through Chase Travel.
Rates and fees
The Chase Sapphire Reserve for Business has one of the highest annual fees at $795. There are no foreign transaction fees.
Card comparison
Here's how the Sapphire Reserve for Business stacks up against other premium business travel cards.
Chase Sapphire Reserve for Business vs. The Business Platinum Card® from American Express
The Business Platinum Card from American Express is a premium business card loaded with statement credit offers for business services and travel that help justify its steep annual fee.
- Access to 1,550 airport lounges, including Priority Pass (Enrollment required) and Amex Centurion lounges
- Hotel and rental car elite status perks
- Earns flexible rewards you can transfer to 20+ airline and hotel loyalty programs (Enrollment required for select benefits mentioned; Benefits may be subject to auto-renewal)
- High annual fee
- Limited bonus spending categories
- Some statement credit offers are earned in small increments or only apply to purchases from a single brand
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Elevated Welcome Offer: Earn 200,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Business Platinum Card® within the first 3 months of Card Membership.Â
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,550 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card company on the market as of 07/2025.Â
- See how you can unlock over $3,500 in business and travel value annually after meeting qualifying spend thresholds on the Business Platinum Card. Terms apply.Â
- Get up to $300 in statement credits semi-annually for up to a total of $600 in statement credits per calendar year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings through American Express Travel using the Business Platinum Card®. The Hotel Collection requires a minimum two-night stay.Â
- No Preset Spending Limit: The spending limit on the Business Platinum Card is flexible, so unlike a traditional credit card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment and credit history.Â
- Make the Business Platinum Card® work even harder for you. Hilton for Business members get up to $200 back per calendar year when you make an eligible purchase at Hilton properties across the globe. Gift cards are not an eligible purchase. Benefit enrollment required.Â
- Fly like a pro with a $200 Airline Fee Credit. Select one qualifying airline to receive up to $200 back per year on baggage fees and other incidentals.Â
- Use the Business Platinum Card and get up to $209 back per calendar year on your CLEAR® Plus Membership (subject to auto-renewal).Â
- Maximize your time away with Fine Hotels + Resorts through Amex Travelâ„¢.Â
- Enroll and get up to $150 in statement credits on U.S purchases directly with Dell Technologies on the Business Platinum Card and an additional $1,000 statement credit after you spend $5,000 or more on that same Card per calendar year.Â
- Enroll and get a $250 statement credit after you spend $600 or more on U.S. purchases directly with Adobe per calendar year on the Business Platinum Card.Â
- Get up to $90 in statement credits quarterly for purchases with Indeed on the Business Platinum Card. That's up to $360 back per year. Enrollment required.
- Get up to $10 in statement credits per month for wireless telephone service purchases made directly with a wireless provider in the U.S. on the Business Platinum Card. That's up to $120 back per year. Enrollment required.
- Enhanced! 2X points on purchases at U.S. construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on each eligible purchase of $5,000 or more, up to $2 million of these purchases per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.Â
- 5X points on flights and prepaid hotels on AmexTravel.comÂ
- 1X points on other eligible purchasesÂ
- $895 Annual Fee.Â
- Terms Apply.
- See Rates & Fees
The Business Platinum Card® from American Express offers a similar format to the Sapphire Reserve for Business card, with a lot of the value tied to statement credits. With a slightly lower annual fee of $895 (see rates and fees), Amex's Business Platinum Card offers a flat 2X points on eligible purchases in several key business categories, or purchases of $5K or more up to $2 million of these purchases per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus. The card offers thousands in statement credits in travel and business value each year, and it provides complimentary access to over 1,550 airport lounges globally, including The Centurion Lounge.
Chase Sapphire Reserve for Business vs. Capital One Venture X Business Credit Card
The Capital One Venture X Business Credit Card has all the benefits you expect with a premium business card, including flexible travel rewards, airport lounge access and travel insurance.
- Extremely valuable welcome bonus
- 10,000 bonus miles after every card anniversary
- Unlimited complimentary access to 1,300+ airport lounges, including Capital One Lounge locations
- Annual $300 credit for bookings through Capital One Business Travel
- Limited bonus spending categories compared to other business credit cards
- High annual fee
- No airport lounge access for employee cardholders
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month
- Top rated mobile app
If you're interested in a business travel card with a lower annual fee, the Capital One Venture X Business Credit Card could be a good option. The card's annual fee is only $395, which is $400 less than the Sapphire Reserve for Business, plus you'll earn an unlimited 2X miles on every purchase. The Venture X Business offers complimentary access to Priority Pass lounges, an annual $300 credit for bookings through Capital One Business Travel and the option to transfer miles to one of Capital One's 15+ travel partners.
Is the Sapphire Reserve for Business right for you?
The Chase Sapphire Reserve for Business is a great card for business owners who are looking for a premium travel card. The card comes with a high annual fee and some larger spending requirements to meet additional bonuses, but worth it if you'll use the credits and perks. It's also great for businesses looking to extend their digital footprint and earn 3X points on social media and search engine advertising.
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For rates and fees of The Business Platinum® Card from American Express, click here.
