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Chase Sapphire Reserve®: Is It Worth Applying For?

Chase Sapphire Reserve®: Is It Worth Applying For?

Great credit card for anyone who travels and dines out a lot. High rewards coupled with good lounge access and perks makes this card well worth $450.
Editor's Rating: 5.0/5.0
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Editor's Rating

{"onCurrent":true,"message":"Our team rates credit cards objectively based on independent research, the features the credit card offers users, and how it compares with other available cards in its category. The ratings are the opinion of our editors, and are not influenced by any outside factors, including any compensation the site may receive from certain advertisers."}

5.0/5.0

Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements or recommendations expressed in this article are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any of these entities prior to publication. This site may be compensated through a credit card partnership.

Despite having a $450 annual fee, the Chase Sapphire Reserve® is a worthwhile investment. The card provides industry-leading rewards on travel and dining purchases. In these categories, the card can net users a 4.5% rewards rate, provided you use the $300 travel credit. As a luxury travel card, it provides decent lounge access. However, it still doesn’t best some of its other competitors on this front, namely The Platinum Card® from American Express.

Chase Sapphire Reserve® Review: Is It Worth $450 Annually?

The Chase Sapphire Reserve® is easily one of the top travel credit cards. It gives far more rewards than current favorites like the Chase Sapphire Preferred® Card or the Capital One® Venture® Rewards Credit Card. The only catch is the card’s $450 annual fee. However, if you use all this card has to offer, you will come out ahead despite the hefty fee. The Chase Sapphire Reserve® is marketed toward the same people who’d apply for The Platinum Card® from American Express. On that end, it’s also very competitive. The card comes with a high $300 annual travel credit and the standard airport lounge access we’d expect. The Platinum Card® from American Express has slightly better lounge access, because it includes Delta Sky Club® and Amex's Centurion lounges.

Good For…Bad For…
Individuals who can qualify for the ultra-high sign-up bonusAnyone who frequently travels and can use the lounge access + $300 travel credit
People looking for a Chip & Pin credit card to use in EuropeThose looking for a lot of brand-exclusive perks and elite status with hotels

Most other credit cards that try to serve two functions end up being average. They fall into the ‘jack of all trades, master of none’ category. The Chase Sapphire Reserve® is an exception, in that it excels as both a luxury card and as a rewards credit card.

The early spend bonus on the Chase Sapphire Reserve® is one of the highest we’ve seen on any offer. You earn 50,000 Ultimate Rewards (UR) points after spending $4,000 on purchases within the first 3 months of card membership. When those points are used to book travel through the UR portal it works out to a value of $750. For context, we rarely see bonuses exceed $500 in value.

Bottom Line: We highly recommend the Chase Sapphire Reserve® to anyone who travels frequently and is a big spender. The card is especially good for anyone who can take full advantage of its $300 travel credit and airline perks.

Chase Sapphire Reserve® Benefits & Features

The Chase Sapphire Reserve® is a hybrid between rewards and premium credit cards. When it comes to day-to-day rewards, the card provides users 3X points on travel and dining at restaurants, and 1X points everywhere else (3 points on travel after you earn the $300 travel credit). Together with the 50% bonus on Ultimate Rewards redemptions, we calculate the rewards rate on the Chase Sapphire Reserve® to be between 1.5% and 4.5%. The value a single point earned through the card can be worth $0.015 when utilizing the 50% bonus. The card also comes with a sizable bonus of 50,000 points. To qualify, cardholders must spend at least $4,000 on purchases within the first 3 months of account opening. According to Chase, the bonus is worth up to $750, when redeemed for travel through the UR portal.

On Chase's Secure Website

Chase Sapphire Reserve®

On Chase's Secure Website
50,000 bonus points when you spend $4,000 in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Named "Best Premium Travel Credit Card" for 2018 by MONEY® Magazine
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
  • Up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Named "Best Premium Travel Credit Card" for 2018 by MONEY® Magazine
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
  • Up to $100 application fee credit for Global Entry or TSA Pre✓®
Annual Fee
$450
Regular APR
19.24% - 26.24% Variable
Credit Needed
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Excellent Credit
Editor's Rating
{"onCurrent":true,"message":"Our team rates credit cards objectively based on independent research, the features the credit card offers users, and how it compares with other available cards in its category. The ratings are the opinion of our editors, and are not influenced by any outside factors, including any compensation the site may receive from certain advertisers."}

In addition to the rewards you get from spending, the Chase Sapphire Reserve® provides you a $300 annual travel credit. It can be used for baggage fees, Global Entry, seat upgrades, or lounge access. The credit kicks in once every calendar year.

Chase Sapphire Reserve® Lounge Access & Luxury Benefits

The Chase Sapphire Reserve® gives you complimentary access to over 900 airport lounges through Priority Pass™ Select. Once you enroll, you may enter lounges for free whenever travelling on any itinerary. Guests need to pay $27 each, every time they wish to enter. This set up is equivalent to the Citi Prestige® tier of membership in the Priority Pass™ program – a $399 annual value.

Priority Pass™ Select is available through most premium credit cards, not just the Chase Sapphire Reserve®. In terms of coverage, it’s one of the better lounge memberships available. There are more Priority Pass™ lounges worldwide than through other programs, like Lounge Club.

Ultimate Rewards & Transfer Partners

A screenshot of the Chase Ultimate Rewards Travel Portal

The Chase Sapphire Reserve® earns you Ultimate Rewards points – one of the most valuable credit card reward programs on the market. Its value comes largely from the list of transfer partners. You can move your points over to 11 different airline and hotel programs. These will change from time-to-time. The current list includes:

  • British Airways Executive Club
  • Singapore Airlines KrisFlyer
  • Southwest Airlines Rapid Rewards®
  • United MileagePlus®
  • Virgin Atlantic Flying Club
  • Hyatt Gold Passport®
  • Marriott Rewards®
  • IHG® Rewards Club
  • Ritz Carlton Rewards®

All transfers are at a 1:1 ratio. If you plan your transfers right, it’s possible to increase your overall rewards rate. For example, we value Hyatt Gold Passport® at $0.021 each. Therefore, if you transfer your points over to the hotel, your rewards rate can be anywhere between 2.1% and 6.3%. You can read a more comprehensive analysis of how the transfer partners work here.

Pairing the Chase Sapphire Reserve® & Chase Freedom®

The Chase Freedom® is a no-annual-fee Chase Ultimate Rewards credit card. It earns you Earn 5 points per $1 on up to $1,500 in combined purchases in bonus categories each quarter you activate. Applying for both credit cards will allow you to pool all your points together. That way, you can maximize your savings. Use the Chase Freedom® whenever it allows you to earn 5 points per dollar, and the Chase Sapphire Reserve® on dining and travel purchases.

The Chase Freedom® also comes with a nice bonus. Spend $500 within the first 3 months of account opening and you'll receive 15,000 Ultimate Rewards points. If you combine that with the Chase Sapphire Reserve®, it comes out to a potential 65,000 bonus points.

How Does The Chase Sapphire Reserve® Compare To Other Credit Cards?

The best way to get a sense of the Chase Sapphire Reserve®’s value is by comparing it to other available offers. We matched the card against some other options below.

Chase Sapphire Reserve® vs Chase Sapphire Preferred® Card

The Chase Sapphire Preferred® Card is a lower-tier version of the Chase Sapphire Reserve®. It’s missing a lot of the benefits of the latter, including lounge access and an airline credit. You are also awarded just 2 points per $1 on travel and dining at restaurants. The points you earn with the Chase Sapphire Preferred® Card are worth less than they are on the Chase Sapphire Reserve®.

The Chase Sapphire Preferred® Card costs significantly less. The card’s annual fee is $95. That is $355 less than what you pay with the Chase Sapphire Reserve®. The elevated rewards rate you get with the premium card can make paying more worth it. The numbers look even better in favor of the Chase Sapphire Reserve® if you account for the $300 annual travel credit.

Quick Takeaway: The Chase Sapphire Reserve® will generally be the better of the two options, especially if you can make full use of the $300 annual travel credit.

Chase Sapphire Reserve® vs The Platinum Card® from American Express

The chief difference between The Platinum Card® from American Express and the Chase Sapphire Reserve® is where they focus on providing value. The Chase Sapphire Reserve® is superior in terms of earning rewards, while the AmEx card offers better customer service and lounge access. The Platinum Card® from American Express gives 1 Membership Reward point per dollar spent and has an annual fee of $550 (See Rates & Fees). You can boost that to 5 points if shopping through AmexTravel.com, or by booking directly through airlines. At best, your rewards rate will come out to somewhere around 5%, giving this card an edge over the Chase Sapphire Reserve® as far as air travel is concerned. However, the Chase Sapphire Reserve® offers you far more diverse opportunities to earn extra points, especially if you combine it with other Ultimate Rewards credit cards.

With The Platinum Card® from American Express you get access to Delta Sky Club®, Centurion Lounges and Priority Pass Select. That gives you far more lounge options than what you get with the Chase Sapphire Reserve®. Domestic travelers will especially appreciate the Centurion Lounges. Though few in number, they provide some of the best amenities we’ve seen in any other lounge. The lounge in New York’s LaGuardia airport, for example, comes equipped with a dentist’s office.

The welcome bonus on the Chase Sapphire Reserve® is far better. The Platinum Card® from American Express currently offers 60,000 points after you spend $5,000 on purchases in your first 3 months of card membership. We estimate the value of this to be just $600 – $150 less than the value of the Chase Sapphire Reserve® bonus.

Quick Takeaway: Anyone who cares mostly about saving money through generous rewards will probably get more out of the Chase Sapphire Reserve®. The Platinum Card® from American Express is better for those looking purely for air travel points, lounge access and customer service.

For rates and fees of the The Platinum Card® from American Express, please click here.

Chase Sapphire Reserve® vs Citi Prestige® Card

In terms of benefits, the Citi Prestige® Card is the closest card to the Chase Sapphire Reserve®. It awards 5 points per $1 spent on air travel and dining, 3 points on cruises, and 1 point on all other purchases. When redeemed for flights, ThankYou points are worth 1.25 cents each. That works out a potential rewards rate between 1.25% and 3.75%. It’s not quite as good as the Chase Sapphire Reserve® on that front, especially when it comes to dining.

The Citi Prestige® Card awards $250 in general travel credit. Though this is $50 less than what you get through the Chase Sapphire Reserve®, it can also be applied towards more than incidentals -- that means it is still better than the credit on other premium cards like The Platinum Card® from American Express. Airport lounge access is also comparable between the two cards.

Quick Takeaway: The Chase Sapphire Reserve® will give you more value, unless you spend a lot on entertainment purchases. With a lower bonus and airline credit, the Citi Prestige® Card doesn’t pack the same punch.

You can read more about how the Chase Sapphire Reserve® compares to the Citi Prestige® Card and The Platinum Card® from American Express in our in-depth breakdown.

The information related to the Citi Prestige® Card has been collected by ValuePenguin and has not been reviewed or provided by the issuer of this card prior to publication.  

Does Chase Sapphire Reserve® Have Travel Insurance?

Yes, the Chase Sapphire Reserve® offers a number of travel benefits for people who use the card to pay for their vacation, including insurance if your trip is canceled or interrupted, emergency assistance if a disaster takes place while you're traveling, and reimbursement if your luggage is lost or delayed during transit. Read more below to learn about the specifics of each type of coverage.

Chase Sapphire Reserve® Travel Insurance Benefits

Here's an overview of the travel insurance benefits provided by the Chase Sapphire Reserve® credit card. For the full terms, conditions and exclusions associated with your coverage, check your guide to benefits or contact your benefit administrator.

What do you do when your trip to Disney World is cut short by a hurricane or you're never even able to begin it in the first place? The trip cancellation and interruption insurance offered by the Chase Sapphire Reserve® card will reimburse you if a covered loss prevents you from going on your trip, or if it's delayed and you have to pay fees to reschedule your travel dates.

Who's Covered?

The Chase Sapphire Reserve® trip cancellation insurance applies both to you (the cardholder) and your immediate family, even if they're travelling without you—provided you paid for their trip with your card.

What's Covered?

The Chase Sapphire Reserve® covers a broad range of perils, so you should check your card's guide to benefits for an exhaustive list. But here are some examples of the types of crises you're covered against.

  • Accidental loss of life, injury or sickness sustained by you, your traveling companion or an immediate family member of yours or your companion's
  • Severe weather, such as a hurricane, that prevents the start or continuation of a covered trip
  • Acts of terrorism or hijacking
  • A court subpoena or jury duty order that can't be rescheduled or waived
  • Financial insolvency of your travel agency, tour operator or travel supplier.

What's Not Covered?

As before, this is not an exhaustive list, so you should check your guide to benefits for more information. But here are examples of instances where the Chase Sapphire Reserve® trip cancellation policy would not apply.

  • Travel arrangements canceled or changed by a common carrier, tour operator or travel agency, unless the cancellation is the result of severe weather or an organized strike affecting public transportation
  • A personal change in plans or financial circumstances
  • A pre-existing condition
  • Traveling against the advice of your physician
  • War
  • Trips longer than 60 days

Coverage Limits

The Chase Sapphire Reserve® trip cancellation and interruption insurance covers you and each of your family members up to $10,000, with a maximum limit of $20,000 per occurrence and a maximum benefit amount of $40,000 per 12-month period.

For example, if your covered family vacation cost $5,000 per person, with four people traveling, you could be reimbursed up to $20,000 for the trip. If you were traveling alone and the trip cost $12,000, you'd only be eligible to receive $10,000 in reimbursement under this policy.

How Long Do I Have to File a Claim?

  • You must notify the travel supplier within 48 hours of receiving medical advice from a physician that you shouldn't travel.
  • You must file a written claim within 20 days after the occurence (or as soon as reasonably possible).
  • You'll receive a claim form when you report your loss. You must submit that completed form with supporting documentation within 90 days from the date of the occurrence (or as soon as reasonably possible) to finalize your claim.

Baggage delay insurance from the Chase Sapphire Reserve® reimburses you for essential purchases you make if your luggage is delayed by more than six hours by a common carrier, such as an airline, bus or cruise ship. Coverage only applies when you've paid for your transportation fare with your eligible Chase card or with Ultimate Rewards points, and you'll only be reimbursed in excess of reimbursement provided by your separate travel insurance policy or reimbursement from the carrier responsible for the delay—meaning you can't double dip in reimbursements.

Who's Covered?

  • You (the cardholder)
  • Your spouse or domestic partner
  • Immediate family members

What's Covered?

The purchase of essential items needed as a result of the baggage delay, including but not limited to clothes, toiletries and one cellphone charging cable. See your guide to benefits for a comprehensive list.

What's Not Covered?

  • Contact lenses, eyeglasses or hearing aids
  • Tickets, documents, cash, securities, checks, traveler's checks and valuable papers
  • More—see your benefits guide for a full list

Coverage Limits

You're eligible to receive reimbursement up to $100 per day for a maximum of five days.

How Long Do I Have to File a Claim?

  • You must file a written claim within 20 days after the occurence (or as soon as reasonably possible). You'll receive a claim form after you report your loss.
  • You must complete and submit this form and any supporting documentation within 90 days from the date of the occurrence (or as soon as reasonably possible).

If your checked or carry-on baggage is damaged, destroyed or stolen on a covered carrier, such as an airline, bus, cruise ship or train, you can receive reimbursement from the Chase Sapphire Reserve® card's lost luggage reimbursement policy. This reimbursement pays for expenses beyond any travel insurance payout or reimbursement from the carrier, and it only applies if you paid for the trip with your Chase Sapphire Reserve® or another eligible Chase card.

Who's Covered?

  • You (the cardholder)
  • Your immediate family members (even if they're traveling without you)

What's Covered?

Checked and carry-on luggage The personal belongings inside that luggage

What's Not Covered?

  • Loss of documents or valuable papers, money, securities, tickets, checks, traveler's checks and furs
  • Loss caused by war
  • More—see your Chase Sapphire Reserve® benefits guide for a full list

Coverage Limits

  • Up to $500 for jewelry, watches and electronics per person per covered trip
  • Up to $3,000 total per insured person per covered trip

How Long Do I Have to File a Claim?

  • You must report the loss or damage to the airline, bus company or other travel carrier immediately after exiting it, and you'll need to provide Chase with proof of that report to continue your claim.
  • Within 20 days of the incident (or as soon as reasonably possible), you'll need to file a written claim. After you do, you'll receive a claim form that must be completed and submitted within 90 days of the incident (or as soon as reasonably possible).

Usually, when renting a car, the rental company will offer you a collision damage waiver (CDW) or loss damage waiver (LDW) at the rental counter. This waiver relieves you of financial responsibility for damage done to the vehicle while it's in your possession, and it typically costs about $9 to $19 per day. But if you decline this waiver and pay for the entire rental with your Chase Sapphire Reserve® card, Chase may help cover the loss.

Who's Covered?

  • You (the cardholder)—if your name is embossed on the card and listed as the primary renter
  • Other authorized drivers on the rental agreement

What's Covered?

  • Physical damage to the rental vehicle
  • Theft of the rental vehicle
  • Reasonable towing charges made necessary by the covered incident, to transport the vehicle to the nearest qualified repair garage
  • Valid loss-of-use charges incurred by the rental car agency

What's Not Covered?

  • Antique automobiles
  • Vans designed to carry more than eight passengers
  • Vehicles with an open cargo bed
  • Motorcycles, motorbikes and mopeds
  • Limousines
  • Recreational vehicles Expenses reimbursed under a personal auto insurance policy owned by you, your employer or your employer's insurance
  • Any obligation you assume under any other agreement
  • Injury of anyone or anything inside or outside of the vehicle
  • Leases and minileases
  • Any action in violation of the rental agreement
  • Personal belongings that are lost or stolen
  • More—see your Chase Sapphire Reserve® benefits guide for a full list of excluded items

Coverage Limits

  • Up to $75,000
  • Vehicle rentals that last no more than 31 consecutive days

How Long Do I Have to File a Claim?

  • If you're involved in an incident or discover damage to your rental vehicle, you should contact the rental car company and your Chase Sapphire Reserve® benefit administrator immediately to report the theft or damage.
  • You must notify your benefit administrator within 60 days of the theft or damage.
  • The benefit administrator will send you a claim form when you report your loss. You'll need to complete and submit this form within 100 days of the incident.
  • You must submit all the necessary documentation within 365 days of the incident.

Finding yourself in an emergency situation while on vacation is both scary and overwhelming. But if you've paid for the trip with your Chase Sapphire Reserve® card, Chase will help you take the right steps. You can call 1-888-675-1461 at any time for assistance and referrals to legal, medical or transportation experts. While this assistance is provided for free, you'll still be responsible for the costs associated with all services.

Who's Covered?

  • You (the cardholder)
  • Your spouse or domestic partner
  • Your dependent children under age 22

What's Covered?

The Chase Sapphire Reserve® travel and emergency assistance coverage includes nine separate services that may help you if you experience an emergency abroad.

  • Emergency Message Service: record and relay emergency messages to other travelers, immediate family members and business associates
  • Medical Referral Assistance: find English-speaking doctors, dentists and hospitals for aid, monitoring and follow-ups
  • Legal Referral Assistance: arrange contact with English-speaking attorneys and U.S. embassies or consulates
  • Emergency Transportation Assistance: make arrangements for emergency transportation home or to the nearest medical facility
  • Emergency Ticket Replacement: receive help in following your carrier's procedures for obtaining a replacement ticket
  • Lost Luggage Locator Service: receive help following your carrier's claim procedures, or arrange shipment of replacement items
  • Emergency Translation Service: receive telephone assistance and help finding local interpreters
  • Prescription Assistance and Valuable Document Delivery Arrangements: get help filling prescriptions locally, or transport vital documents you may have left at home
  • Pre-Trip Assistance: find information about ATM locations, health precautions, local currency, exchange rates and more

Chase Sapphire Reserve® travel accident insurance includes two benefits: Common Carrier Travel Accident Insurance and 24-Hour Travel Accident Insurance. They provide coverage for accidental death and dismemberment or the combined loss of speech, sight or hearing, if the loss occurs during a covered trip.

Who's Covered?

  • You (the cardholder)
  • Your immediate family members, even if they're traveling without you

What's Covered?

  • Common Carrier Travel Accident Insurance: insures covered losses that occur while you're entering, exiting or riding as a passenger on a common carrier, such as an airline, bus or cruise ship
  • 24-Hour Travel Accident Insurance: insures covered losses that occur between the departure date and return date printed on your scheduled airline tickets. If your trip is longer than 30 days in length, see your guide to benefits for additional terms.

Note: You can't receive a payout from both policies for the same incident. If both policies are applicable, you'll receive the larger of the two amounts.

What's Not Covered?

  • Emotional trauma, mental or physical illness, disease, pregnancy, childbirth or miscarriage, or bacterial or viral infection
  • Any attempt to commit an illegal act
  • Parachute jumping, racing vehicles, and any sporting activity that involves a salary or prize money
  • War
  • Trips on aircrafts that aren't registered or certified by the government (24-Hour Travel Accident Insurance)

Coverage Limits

  • Common Carrier Travel Accident Insurance:
  • $1 million for loss of life
  • A set percentage of $1 million for dismemberment and/or a combined loss of speech, sight and hearing. Check your guide to benefits for specific amounts. **24-Hour Travel Accident Insurance
  • $100,000 for loss of life
  • A set percentage of $100,000 for dismemberment and/or the combined loss of speech, sight and hearing. Check your guide to benefits for specific amounts.

How Long Do I Have to File a Claim?

  • You must file a written claim within 20 days after the incident (or as soon as reasonably possible).
  • After you report your loss, your benefit administrator will send you a claim form. You must complete and submit this form with supporting documentation within 90 days of the incident (or as soon as reasonably possible).

Getting injured or falling ill while on vacation is bad enough, but imagine getting slapped with an expensive ambulance or helicopter bill after the fact. The Emergency Evacuation and Transportation coverage available through Chase Sapphire Reserve® may reimburse you for transportation costs incurred while on a vacation paid for with your Chase Sapphire Reserve® credit card.

Who's Covered?

  • You (the cardholder)
  • Your spouse or domestic partner
  • Your legally dependent children under age 18 (or age 25 if they're enrolled as a full-time student at an accredited institution)

What's Covered?

  • Transportation, medical services and medical supplies necessary during your evacuation
  • Transportation includes but is not limited to air ambulances, land ambulances and private motor vehicles
  • More—see your benefits guide for a full list

What's Not Covered?

  • Travel for the purpose of obtaining medical treatment
  • Services, supplies or charges incurred for nonemergency purposes
  • Experimental or investigative care
  • More—see your benefits guide for a full list

Coverage Limits

  • Up to $100,000
  • Coverage is supplemental to any valid reimbursement or insurance policy separately held, meaning you'll need to file a claim with your primary policies before receiving reimbursement from Chase.

How Long Do I Have to File a Claim?

  • You need to contact Chase and receive preapproval before the transportation occurs. Your benefit administrator will consult a legally licensed physician to determine whether the evacuation is warranted and to make the travel arrangements.
  • Your benefit administrator will send you a claim form, which you'll need to complete and submit with supporting documentation within 180 days of the incident.
  • The trip duration must be between five and 60 days, and you must be 100 miles or more from home.

The medical and dental benefit included with your Chase Sapphire Reserve® card may provide supplemental coverage for emergency treatment necessary for you or a family member while on vacation. You need to be 100 miles or more from home, your trip must be between five and 60 days in length, and you need to have paid for your airfare or other transportation tickets with your Chase Sapphire Reserve® card. This coverage will only apply to balances in excess of that covered by your primary medical and dental insurance policies.

Who's Covered?

  • You (the cardholder)
  • Your spouse or domestic partner
  • Your legally dependent children under 18 years old (or 25 or younger if enrolled as a full-time student at an accredited institution)

What's Covered?

  • Services deemed necessary and provided by a legally qualified physician, surgeon, nurse, dentist or osteopath during your trip
  • Hospital charges
  • Charges related to anesthetics, X-ray exams and lab tests
  • Ambulance services
  • Drugs, medicines and therapeutic services or supplies

What's Not Covered?

  • Services, supplies or charges incurred for nonemergencies
  • Care received from people and places that aren't hospitals, physicians or dentists
  • Experimental and investigative care
  • Emergencies that take place in countries deemed to be unsafe for travel by the U.S. Government
  • Care that your benefit administrator deems medically unnecessary
  • More—see your Chase Sapphire Reserve® benefits guide for a full list

Coverage Limits

  • Up to $2,500 (minus a $50 deductible)
  • Up to $75 per day for hotel convalescence for a maximum of five days if your physician deems you are unfit for travel after care

How Long Do I Have to File a Claim?

  • You must notify your benefit administrator within 90 days of the incident.
  • The benefit administrator will send you a claim form that you must complete and submit with supporting documentation within 180 days of the incident.

How to File a Chase Sapphire Reserve® Travel Insurance Claim

Call 1-888-675-1461 to initiate a claim. In most cases, your benefit administrator will send you a claim form that you'll need to fill out and submit with supporting documentation in order to finalize your claim.

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Frequently Asked Questions

Yes, if you're on a covered trip and you or your family members incur medical expenses, you may be reimbursed up to $2,500. However, terms and conditions apply, so check your guide to benefits for full information.

Whether you need travel insurance is a personal decision. In some cases, insurance policies you already carry, such as your medical insurance policy, may cover aspects of your trip. But since Chase Sapphire Reserve® travel insurance is provided with your account free of charge, it can be an excellent safety net if your vacation doesn't go as planned.

Chase Sapphire Reserve® travel insurance shouldn't be viewed as a substitute for medical insurance. In medical cases, It simply provides supplemental coverage and support if you encounter trouble during your trip. However, the card's travel insurance benefits do provide substantial protections against loss if your vacation is canceled or interrupted by a covered event, or if your luggage is lost while you're away.

Yes, Chase Sapphire Reserve® travel insurance applies to trips paid for with your Chase Sapphire Reserve® credit card or points earned with that card. If your trip was booked with award miles earned in a program other than the Ultimate Rewards program, coverage may not apply.

If your trip is canceled or interrupted and you paid for your hotel reservation with your Chase Sapphire Reserve®, you may be eligible for reimbursement under the card's Trip Cancellation/Trip Interruption Insurance Policy.

Your hotel fees may also be covered up to $75 per day for a total of five days under the card's Emergency Medical and Dental Benefit, if a physician deems you are unfit for travel after receiving care.

Yes, if your checked or carry-on luggage is lost or destroyed on a common carrier, such as an airline or train, and you're not able to receive a full refund from that carrier, you may be eligible for reimbursement from the Chase Sapphire Reserve® card's lost luggage reimbursement policy.

Comparison Tool

Whether or not the Chase Sapphire Reserve® will be right for you will depend on how your spending breaks down. Use our tool below to compare this card's value to other offers.

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Comments and Questions

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Info about the following cards: American Express® Gold Card, Delta Reserve® Credit Card from American Express, Hilton Honors Surpass® Credit Card, American Express® Blue Sky, American Express® Green Card, The Amex EveryDay® Preferred Credit Card from American Express, The Plenti® Credit Card from Amex, Blue from American Express®, Platinum Card® from American Express Exclusively for Mercedes-Benz, Bluebird, Centurion® Card from American Express, Hilton Honors American Express Aspire Card, and Starwood Preferred Guest® American Express Luxury Card has been collected independently by ValuePenguin. The issuer did not provide the details, nor is it responsible for their accuracy.

Advertiser Disclosure: The products that appear on this site may be from companies from which ValuePenguin receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). ValuePenguin does not include all financial institutions or all products offered available in the marketplace.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth $0.0125 each. The card awards 2 points on travel and dining and 1 point on everything else. Therefore, we say the card has a 2.5% rewards rate on dining and travel (2 x $0.0125) and a 1.25% rewards rate on everything else (1 x $0.0125).