Our illustration in the card’s colours, not its design
Chase credit card
Chase Sapphire Reserve Credit Card
100,000 Chase Ultimate Rewards points after you spend $6,000 in 3 months. Purchase APR 19.74–28.24%, variable. No foreign transaction fees.
Checked Nov 1, 2026Updated
- Welcome offer
- Receipt · Welcome offerChecked Nov 1, 2026
Issuer's page · chase.com
“$2,000 value of 100,000 points for select flights and hotels through Chase Travel SM * +”
- Annual fee
- Each authorized user: $195 per yearReceipt · Annual feeChecked Nov 1, 2026
Issuer's page · chase.com
“$795 annual fee † ; $195 for each authorized user † * | 19.74%–28.24% variable APR. †”
- Purchase APR · variable
- Receipt · Purchase APRChecked Nov 1, 2026
Issuer's page · sites.chase.com
“19.74% to 28.24% , based on your creditworthiness and other factors.”
- Foreign transactions
- CFPB credit card survey, Dec 2025Receipt · Foreign transactionsChecked Nov 1, 2026
CFPB credit card survey · Reported to the CFPB, Dec 31, 2025
The source states this figure; we have no exact sentence on file yet.
Select an underlined figure to see where it comes from.
Chase’s terms
Welcome offer
100,000 points
After you spend $6,000 on purchases in your first 3 months.
- Spending it takes
- $2,000 a month
- for 3 months
- Tracking since
- Sep 29, 2026
- history will chart every change
Make $6,000 in purchases within the first 3 months from account opening. Allow 6 to 8 weeks for the bonus to post. Account must be open and not in default at fulfillment. Balance transfers, cash advances, cash-like transactions, betting transactions, person-to-person transfers, account-funding transactions, interest, unauthorized or fraudulent charges and fees (including the annual fee) do not count as purchases. Points are worth $0.01 each through Chase Travel, up to $0.02 with Points Boost on select flights and hotels.
Who can get it: If you’ve ever had this card, you can’t get the bonus.
“The new cardmember bonus may not be available to you if you previously held this card or received a new cardmember bonus for this card.”
The issuer’s terms, from its page, as of Oct 7, 2026. Check which bonuses you can get
In dollars
What it’s worth
Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.
| Spending | Value against the fee | First year | After |
|---|---|---|---|
| Light spender | −$650 | −$650 | |
| Typical spender | $575 | −$425 | |
| Heavy spender | $1,225 | $225 |
The spending each assumes, and what isn’t counted
- Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
- Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
- Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month
Assumed: not counted: 10x 10x total points on eligible Peloton equipment and accessory purchases over $150 through 12/31/2027, up to $5,000 in total purchases; points valued at 1¢, the program's cash back value; welcome bonus needs $6,000 in 3 months.
−$650a year
The same in the first year and after.
Rewards and credits$145
−$650 after the fee−$795 annual fee
The spending this assumes
A month: groceries $300, dining $100, gas $100, everything else $500. Assumed: not counted: 10x 10x total points on eligible Peloton equipment and accessory purchases over $150 through 12/31/2027, up to $5,000 in total purchases; points valued at 1¢, the program's cash back value; welcome bonus needs $6,000 in 3 months.
−$425a year
$575 the first year, with the welcome bonus.
Rewards and credits$370
−$425 after the fee−$795 annual fee
The spending this assumes
A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250. Assumed: not counted: 10x 10x total points on eligible Peloton equipment and accessory purchases over $150 through 12/31/2027, up to $5,000 in total purchases; points valued at 1¢, the program's cash back value.
$225a year
$1,225 the first year, with the welcome bonus.
Rewards and credits$1,020
You keep $225−$795 annual fee
The spending this assumes
A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500. Assumed: not counted: 10x 10x total points on eligible Peloton equipment and accessory purchases over $150 through 12/31/2027, up to $5,000 in total purchases; points valued at 1¢, the program's cash back value.
Use your own spending
Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards
Against the market
How it compares
- Lower top APR than about 40% of the 163 cards on our Sign-up bonuses list (see the list).
Other points cards
- JetBlue PremierBarclays+$335 a year
- Mastercard TitaniumLuxury Card+$125 a year
- Mastercard BlackLuxury Card−$275 a year
Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).
Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method
Chase Ultimate Rewards
How you earn
- 10×
- 10x total points on eligible Peloton equipment and accessory purchases over $150 through 12/31/2027, up to $5,000 in total purchases
- 8×
- 8x points on all purchases through Chase Travel, including The Edit
- 5×
- 5x total points on Lyft rides (qualifying Lyft rideshare, bike and scooter rides, and subscription and membership products purchased in the Lyft app) through 9/30/2027
- 4×
- 4x points on flights booked direct4x points on hotels booked direct
- 3×
- 3x points on dining worldwide (dining at restaurants including takeout and eligible delivery services)
- 1×
- Everything else
Points per dollar.
Benefits
- $300 Annual Travel Credit: $300 annual
- $500 Credit for stays with The Edit (up to $250 per prepaid booking): $500 annual
- $300 Annual Dining Credit: $150 semiannual
- $300 Annual StubHub Credit: $150 semiannual
- $10 Monthly Lyft Credit: $10 monthly
All 9 benefits
- $120 Annual Peloton Membership Credit: $10 monthly
- Global Entry, TSA PreCheck or NEXUS application fee credit: $120 every 4 years
- $250 Credit for The Shops at Chase (requires $75,000 calendar-year spend): $250 other
- $500 Southwest Airlines Chase Travel Credit (requires $75,000 calendar-year spend): $500 other
Every figure with its receipt
Rates and fees
| Annual fee | Receipt · Annual feeChecked Nov 1, 2026 Issuer's page · chase.com “$795 annual fee † ; $195 for each authorized user † * | 19.74%–28.24% variable APR. †” |
|---|---|
| Purchase APR | Receipt · Purchase APRChecked Nov 1, 2026 Issuer's page · sites.chase.com “19.74% to 28.24% , based on your creditworthiness and other factors.” |
| Balance transfer APR | Receipt · Balance transfer APRChecked Nov 1, 2026 Issuer's page · sites.chase.com “19.74% to 28.24% , based on your creditworthiness and other factors.” |
| Balance transfer fee | Receipt · Balance transfer feeChecked Nov 1, 2026 Issuer's page · chase.com The source states this figure; we have no exact sentence on file yet. |
| Cash advance fee | Receipt · Cash advance feeChecked Nov 1, 2026 Issuer's page · sites.chase.com “Either $10 or 5% of the amount of each transaction, whichever is greater.” |
| Foreign transactions | Receipt · Foreign transactionsChecked Nov 1, 2026 CFPB credit card survey · Reported to the CFPB, Dec 31, 2025 The source states this figure; we have no exact sentence on file yet. |
Before you apply
- What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
- Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)
- The bonus: If you’ve ever had this card, you can’t get the bonus.
Questions
- What is the annual fee?
- $795; each authorized user: $195 per year. · chase.com, since Nov 1, 2026
- Does it charge a foreign transaction fee?
- No. · CFPB credit card survey, Dec 2025, since Oct 4, 2026
- What is the purchase APR?
- 19.74–28.24% APR · sites.chase.com, since Sep 29, 2026
- Is there a welcome bonus?
- 100,000 Chase Ultimate Rewards points after $6,000 in purchases in 3 months. · chase.com, since Nov 1, 2026