Chase has officially introduced the long-anticipated Sapphire Reserve for Business℠ Card, complementing its recent update to the personal version of the Chase Sapphire Reserve®. This marks the bank’s strategic entry into the ultra-premium business credit card sector, aimed at rivaling similar products from American Express and Capital One.
While the new business card shares a name and several features with its personal counterpart, it also includes several distinct advantages. Here are the key details you need to know about the Sapphire Reserve for Business Card.
Earning Categories
The Chase Sapphire Reserve Business card offers lucrative point-earning opportunities based on spending categories:
– 8x points on purchases made through Chase Travel
– 5x points on eligible Lyft rides
– 4x points on direct bookings with airlines and hotels
– 3x points on advertising with social media platforms and search engines
– 1x point on all other transactions
For frequent travelers, earning 4x points on direct flight and hotel bookings, coupled with 8x points on eligible purchases through Chase Travel, is particularly appealing. Notably, the 3x points on advertising spend are unlimited, setting this card apart from others, including the American Express® Business Gold Card and Ink Business Preferred® Card, which cap rewards at $150,000 in annual spending.
Annual Credits
The Sapphire Reserve Business card features a significant annual fee of $795. However, it allows for the addition of employee cards at no extra charge. To help mitigate this cost, cardholders will enjoy a range of credits, including:
– $300 annual travel credit for flights, hotels, car rentals, and cruises
– $500 annual credit for stays booked through The Edit by Chase Travel, issued in two $250 increments
– $400 annual ZipRecruiter credit in two $200 credits
– $200 Google Workspace credit
– $100 credit at Giftcards.com, provided in two $50 credits
– $300 in monthly DoorDash promotions, along with a complimentary DashPass membership valued at $120 annually
– $120 annual in-app Lyft credits, divided into monthly allocations
– $120 credit for Global Entry, TSA Precheck, or Nexus, available every four years
These credits can substantially offset the card’s annual fee for those who utilize the services frequently. It’s important to note that these amounts are potential limits, and actual credits depend on spending with designated vendors.
Cardmember Perks
Beyond rewards and credits, the Sapphire Reserve Business card grants cardholders several valuable benefits:
– Access to the Chase Sapphire Lounge at LaGuardia Airport and various Priority Pass lounges, allowing two complimentary guests
– Complimentary IHG One Rewards Platinum Elite status
– Comprehensive travel protections, including primary rental car insurance and trip cancellation coverage
– Access to exclusive dining options via OpenTable
– Consumer protection features like extended warranty and purchase protection
– Free employee cards available
– Two separate credit lines with Pay in Full and Flex options
Additional Perks for High Spenders
Business owners who spend $120,000 within a calendar year can unlock enhanced perks such as:
– IHG One Rewards Diamond Elite Status
– Southwest Airlines A-List Status
– $500 credit for Southwest Airlines bookings via Chase Travel
– $500 Shops at Chase credit, offering an exclusive online shopping experience
While these additional benefits can be enticing, they may not lure all cardholders to reach that high spending threshold each year. However, for business owners engaged in significant ad spending, the card can provide extra value effortlessly.
Points Boost Feature
Another innovative addition to the Sapphire Reserve Business card is the Points Boost feature, available across several Chase Ultimate Rewards cards. With Points Boost, points can be valued at up to 2 cents each when redeemed for select hotel stays and flights, enhancing overall rewards potential.
**Card Design**
Regarding aesthetics, the Chase Sapphire Reserve Business card features a sleek, metal design weighing 19.6 grams, complete with engraved logos and a sophisticated texture inspired by pinstripes.
Welcome Bonus Information
As of now, Chase has not disclosed details regarding the welcome bonus for the new card. It is set to officially debut on June 23, 2025, and further information will be released closer to that date.
Conclusion
With the introduction of the Sapphire Reserve for Business card, Chase fills a long-standing gap in the ultra-premium business credit card market. Although it carries a hefty annual fee, the extensive range of benefits, rewards, and credits makes it an attractive option for many business owners. This card is likely to be an excellent fit for those who can maximize its offerings through travel and everyday business expenses.