Chase · Personal card

Chase Sapphire Reserve

The Chase Sapphire Reserve has a $795 annual fee and up to $2,340 a year in statement credits, across ten credits, plus two that need spending first. Five of the 13 Sapphire Reserve benefits need a one-time enrollment before any spending counts, and Chase will not apply them retroactively.

Check if it's worth it for you Chase's application rules

Annual fee: $795; Charged on your account anniversary
Credits a year: Up to $2,340; 10 statement credits, used in full
Need enrollment: 5 of 13; Credits. Enroll before you spend
Earns: Chase Ultimate Rewards; About 1.78¢ a point, typical

Covers its $795 fee if you use 34% of its credits

Every credit, and when it resets

Amounts are per period. The last column is what each credit adds up to in a year if you use it every time.

Credit	Amount	Resets	A year
The Edit hotel credit$500 a year. On January 1	$500 a year	On January 1	$500
Travel credit$300 a year. On your account anniversary, not January 1	$300 a year	On your account anniversary, not January 1	$300
StubHub creditEnroll firstActivate it in your Chase account first.$150 every six months. Twice a year, in January and July	$150 every six months	Twice a year, in January and July	$300
Sapphire Reserve Exclusive Tables dining creditOne-time activation on chase.com or the Chase app is needed before the credit applies.$150 every six months. Twice a year, in January and July	$150 every six months	Twice a year, in January and July	$300
Select Chase Travel hotels credit (2026)$250 a year. On January 1	$250 a year	On January 1	$250
Two $10 monthly DoorDash non-restaurant promosEnroll firstActivate DashPass with this card first.$20 a month. On the 1st of each month	$20 a month	On the 1st of each month	$240
Monthly DoorDash promoEnroll firstActivate DashPass with this card first.$15 a month. On the 1st of each month	$15 a month	On the 1st of each month	$180
Monthly Lyft creditEnroll first$10 a month. On the 1st of each month	$10 a month	On the 1st of each month	$120
Monthly Peloton membership creditEnroll first$10 a month. On the 1st of each month	$10 a month	On the 1st of each month	$120
Global Entry, TSA PreCheck or NEXUS credit$120 each time. Available again every 4 years	$120 each time	Available again every 4 years	$30
Shops at Chase credit after $75,000 spend$250 a year. On January 1	$250 a year	On January 1	Not countedOnly after $75,000 of spending, so not in the total
Southwest credit after $75,000 spend$500 a year. On January 1	$500 a year	On January 1	Not countedOnly after $75,000 of spending, so not in the total
Total a year, if you use every credit			$2,340

Also included

Priority Pass Select membership

What people get wrong

Enrollment comes first. Five benefits need a one-time enrollment. Spend before you enroll and nothing posts, because Chase will not apply a credit retroactively.
Not every credit resets in January. At least one resets on your account anniversary. Most people assume the calendar year.
Some credits need spending first. Those are listed above but left out of the total, because you don't get them by default.
Nothing rolls over. Whatever is unused when a period ends is gone, so a monthly credit missed in March can't be used in April.

Questions about the Sapphire Reserve

What is the annual fee on the Chase Sapphire Reserve?

$795 a year, charged each year on your account anniversary.

How much are the Sapphire Reserve credits worth?

Up to $2,340 a year if you use all ten statement credits in full. The largest: The Edit hotel credit ($500), Travel credit ($300) and StubHub credit ($300).

Which Sapphire Reserve benefits need enrollment?

Five of the 13: StubHub credit, Two $10 monthly DoorDash non-restaurant promos, Monthly DoorDash promo, Monthly Lyft credit and Monthly Peloton membership credit. Enroll before you spend, because Chase will not apply a credit retroactively.

When do the Sapphire Reserve credits reset?

Monthly credits reset on the 1st of each month; twice-yearly credits on January 1 and July 1; and yearly credits on January 1. Travel credit resets on your account anniversary, not January 1. Unused credit does not roll over.

Is the Sapphire Reserve worth the $795 fee?

On credits alone, only if you use at least 34% of them. They add up to $2,340 a year against the $795 fee, but each is tied to a merchant and a period, so what counts is the ones you would use anyway.