Chase Sapphire Reserve Business Card Unveiled: A Gamechanger?
Well, folks, it looks like Chase has decided to shake things up with its premium card lineup. We’ve got a juicy scoop on the business version of the Chase Sapphire Reserve, something we’ve all been eagerly awaiting. So, what’s the buzz all about? Let’s dive right in.
Details of the Chase Sapphire Reserve for Business Card
The Chase Sapphire Reserve for Business is set to be Chase’s new top-tier business card, rolling out applications starting June 23, 2025. This card mirrors the personal card in its essence, although there are a few business-tailored twists. Let’s dissect the details, no particular order of course.
The card will have a $795 annual fee
This card will set you back $795 annually. But here’s a little twist—adding authorized users comes at zero additional cost. Unlike the personal card, though, these users won’t get the same fancy perks like lounge access.
The card will offer valuable lounge access
If you’re a frequent flyer or just fancy some posh waiting areas, you’re in luck. The business card offers access to:
- Exclusive Chase Sapphire Lounges
- Priority Pass membership with guesting privileges
- Selected Air Canada Maple Leaf Lounges
The card will offer 1-8x points per dollar spent
The rewards scheme of the business card is akin to its personal sibling, yet has its own flavor. Here’s the breakdown:
- 8x points on Chase Travel purchases
- 5x points on Lyft until September 30, 2027
- 4x points on direct flights and hotel bookings
- 3x points on advertising with social media and search engines
- 1x points on anything else
That’s a smashing rewards setup! You can transfer points to airline and hotel partners or redeem them via Chase Travel, especially if you fancy a Points Boost.
Plus, no foreign transaction fees and flexible credit options—either a pay-in-full line or one that lets you carry a balance, albeit with interest.
The card will offer valuable credits & benefits
This card comes with credits to soften that hefty annual fee blow. Here’s what’s on the table:
- Up to $500 hotel credits annually (split into $250 twice a year) for stays of two nights or more through The Edit by Chase Travel
- Up to $400 ZipRecruiter credits yearly, again in two $200 installments
- A breezy $300 in annual travel credits—easy-peasy-lemon-squeezy to use
- Up to $200 in Google Workspace credit yearly for business tools
- A $120 credit for Global Entry, TSA PreCheck, or NEXUS every four years
- Annual $100 Giftcards.com credits, $50 twice a year when purchased through a specific link
The card will offer benefits for spending $120,000 annually
Spend $120,000 a year, and the card rewards you handsomely:
- IHG One Rewards Diamond status for hotel perks
- Southwest Rapid Rewards A-List status for seamless flying
- A $500 Southwest credit for flight bookings via Chase Travel
- A $500 credit at The Shops at Chase for high-end purchases
My take on the Chase Sapphire Reserve for Business Card
About time Chase unleashed a premium business card! Many folks will find this aligns with the personal card—even if it’s not everyone’s cup of tea.
Here’s my two cents:
- Think of this card as a $495-a-year deal, thanks to that hard-to-ignore $300 travel credit.
- The rewards are enticing with no bonus category caps, making it a leading option for business cards.
- Lounge access is a plus but somewhat redundant if you’ve got the personal card too.
- If you’re one for maximizing card benefits, this offers great value, provided you navigate its complex labyrinth.
Here’s a quick recap of how the business card stands apart from the revamped personal card:
- No charge for authorized users on the business card, although the personal card hits you with a $195 fee.
- The personal card shines with dining rewards, while the business card focuses on advertising spends.
- Credits differ between cards, with distinct focus areas.
- Personal card perks kick in at $75,000 annual spending, whereas the business version sets the bar at $120,000.
Bottom Line
Come June 23, 2025, the Chase Sapphire Reserve for Business launches. A hefty $795 ticket it may be, but in return, it offers mouth-watering perks like lounge access, stellar bonus categories, and ample credits. Some might jump on this without hesitation, others, not so much.
What are your thoughts on the new Chase Sapphire Reserve for Business?