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The Chase Sapphire Reserve has a top-tier annual fee, but don’t be shy because it provides some top-tier travel rewards and benefits as well. It offers a $300 travel credit, earns extra points on travel and dining, and has excellent point transfer and redemption opportunities.
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Introductory Bonus |
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A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.
Intro Balance Transfer APR | N/A |
Regular Balance Transfer APR | 16.99%-23.99% Variable |
Balance Transfer Fee | Either $5 or 5% of the amount of each transfer, whichever is greater. |
Penalty APR | N/A |
Late Fee | Up to $39 |
Returned Payment Fee | Up to $39 |
Additional Cards Annual Fee | $75 |
Foreign Transaction Fee | $0 |
Borrowing cash on your card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.
Cash Advance APR | 24.99% Variable |
Cash Advance Fee | Either $10 or 5% of the amount of each transaction, whichever is greater. |
Chase has several card types depending on your needs.
You can usually pay your bill online on your
Credit card issuer's websiteThe Chase Sapphire Reserve Card offers some of the best travel rewards and benefits on the market.
Your $300 travel credit will apply to a wide variety of travel expenses, and you’ll get other benefits and features that are worth hundreds of dollars. They include Priority Pass Select airport lounge access, a $100 application fee credit for Global Entry or TSA Pre✓, and more. This is a Visa Infinite card, providing even more valuable services than Visa Signature.
The 3X reward rate will begin after you earn the annual $300 travel credit. So you won’t earn rewards on the first $300 of travel expenses, but you’ll get a statement credit to cover the costs.
This card has a large annual fee of $550, so make sure you’ll be using it often enough to pay for the cost.