Chase has officially redrawn the premium credit card battlefield. On June 23, 2025, the bank launched its long-rumored Chase Sapphire Reserve® for Business — and it came with a twist. Alongside it, Chase quietly but significantly revamped its flagship Sapphire Reserve® (Personal) card.
The result? A bold and calculated move to challenge the Amex Platinum, Capital One Venture X, and every other card in the high-end travel rewards space — not just with flashy perks, but with real, tangible value.
What’s New: Chase’s Massive Two-Card Revamp
| Feature | Sapphire Reserve (Personal) | Sapphire Reserve for Business |
| Signup Bonus | 100,000 points | 200,000 points |
| Spending Requirement | $5,000 in 3 months | $30,000 in 6 months |
| Annual Fee | $550 | $795 |
| Authorized User Fee | $75/user | $0 |
| Max Travel Value | $2,000+ | $4,000+ with Points Boost |
Chase Reserve for Business: $3,500+ in Annual Credits
Chase is clearly targeting business owners who value real-world utility over aspirational perks. Here’s what comes with the Sapphire Reserve for Business:
- ✅ $300 Annual Travel Credit
- ✅ $500 The Edit Hotel Credit (2x $250 credits)
- ✅ $200 Google Workspace Credit
- ✅ $100 GiftCards.com Credit
- ✅ $400 ZipRecruiter Credit
- ✅ $120 DoorDash DashPass
- ✅ $60 DoorDash Dining Credits
- ✅ $240 DoorDash Non-Restaurant Credits
- ✅ $120 Global Entry/PreCheck/NEXUS
- ✅ $120 Lyft Credit
Total Value: Over $3,560 — more than 4x the annual fee if used wisely.
Sapphire Reserve (Personal): Lifestyle Loyalty Perks
The personal version of the card received a refresh too, including:
- $300 Travel Credit
- $120 Instacart+ & $60 Instacart Credit
- $120 Apple One Credit
- $120 Peloton Credit
- $120 DoorDash DashPass
- $120 Lyft Credits
- $100 Global Entry/NEXUS
- $50 Entertainment Credit (Sapphire Tables, StubHub, etc.)
These updates make it one of the most well-rounded lifestyle rewards cards on the market.
Rewards Earning & Redemption: What’s Changing?
| Category | Personal | Business |
| Chase Travel Portal | 10X | 8X |
| Direct Airfare & Hotels | 3X | 4X |
| Advertising | 1X | 3X (uncapped) |
| Lyft | 10X (until 9/2025) | 5X (until 9/2027) |
| Everything Else | 1X | 1X |
| Redemption Rate (Points Boost) | Up to 2.0¢/pt | Up to 2.0¢/pt |
Redemption Value Tip: Chase’s new Points Boost system offers dynamic redemptions up to 2¢ per point, compared to Amex’s static 1¢–1.5¢ per point (unless booking premium travel).
Competitive Comparison: Chase vs Amex Platinum vs Capital One Venture X
| Feature | Chase Sapphire Reserve (Biz) | Amex Platinum | Venture X |
| Annual Fee | $795 | $695 | $395 |
| Travel Credits | $300 + $500 hotel | $200 hotel + $200 airline | $300 travel |
| Lifestyle Credits | Google Workspace, DoorDash, Lyft | Uber, Walmart+, Equinox | Priority Pass, Capital One Lounge |
| Rewards Redemption | Up to 2¢ via Points Boost | 1¢–1.5¢ via Amex Travel | 1¢–1.1¢ on portal |
| Status Perks | IHG, Southwest A-List (with spend) | Hilton Gold, Marriott Gold | Hertz President’s Circle |
| Business Focus | Strong | Weak | Moderate |
💡 Verdict: Chase now rivals Amex on luxury while beating them on practical use, especially for small business owners who can actually use ZipRecruiter or Workspace credits.
Application Tips & Eligibility
- 5/24 Rule: Applies to personal card; unclear for business card (likely yes)
- Sapphire Rule: You can now hold both the personal and business Sapphire cards
- Bonus Eligibility: You’re eligible for the business bonus even if you’ve received a Sapphire personal bonus in the past 48 months
Pro Tip: Apply through your Chase business banking portal if eligible — internal approval rates tend to be higher.
Final Thoughts: Is It Worth It?
Yes — if you can unlock the full value.
The Chase Sapphire Reserve overhaul represents a massive shift in the premium credit card space. Rather than focusing only on “luxury travel,” Chase has leaned into a high-ROI, real-world value strategy that rewards cardholders who spend and redeem smartly.
Whether you’re a points enthusiast or a business owner looking for premium travel protection and versatile rewards, this new Sapphire lineup delivers more than just prestige — it offers purchasable practicality.
Frequently Asked Questions (FAQ)
1. What is the 4-year rule for Chase Sapphire Reserve?
Chase’s 4-year rule means you can only receive the welcome bonus on a Sapphire card (Preferred or Reserve) if it has been at least 48 months since you last earned a Sapphire bonus. It applies across both cards — not per card.
2. Is the Chase Sapphire Reserve increasing its annual fee?
Yes. As of June 23, 2025, the Chase Sapphire Reserve annual fee increased from $550 to $795. However, the card also added over $3,500 in value through new perks, credits, and travel benefits.
3. Does Chase Sapphire Reserve cover TSA PreCheck or Global Entry?
Yes. Cardholders receive a $100 statement credit every four years for Global Entry, TSA PreCheck, or NEXUS application fees. This benefit is available on both the personal and business versions.
4. What can I replace the Chase Sapphire Reserve with?
If the higher annual fee doesn’t justify the perks for you, top alternatives include:
- Capital One Venture X – Lower $395 fee, 2X points on everything, and $300 travel credit.
- Amex Platinum – $695 fee with luxury lifestyle credits and premium lounge access.
- Chase Sapphire Preferred – $95 fee with 3X on dining/travel and access to Chase Ultimate Rewards.
