What To Know
- The calculator will then show you a breakdown of the potential value of the Chase Sapphire Reserve® card for you, based on your spending and travel habits.
- The Chase Sapphire Reserve® card is a great option for frequent travelers who spend a significant amount of money on dining and travel.
If you’re a frequent traveler, you’ve likely heard of the Chase Sapphire Reserve® card. It’s one of the most popular premium travel credit cards on the market, offering a wide range of perks and benefits. But is it worth the $550 annual fee? That’s where our Chase Sapphire Reserve Worth It Calculator comes in. This handy tool can help you determine if the card is right for you based on your spending habits and travel preferences.
Key Features of the Chase Sapphire Reserve® Card
- Earn 3X points on dining and travel: This includes restaurants, bars, airlines, hotels, and more.
- Earn 1X point on all other purchases: This is a solid earning rate for a premium card.
- Get a $300 annual travel credit: This credit can be used to offset the cost of flights, hotels, and other travel expenses.
- Enjoy Priority Pass airport lounge access: This gives you access to over 1,300 airport lounges worldwide.
- Receive complimentary Global Entry or TSA PreCheck: This can save you time and hassle when traveling.
- No foreign transaction fees: This makes the card ideal for international travel.
How to Use the Chase Sapphire Reserve Worth It Calculator
Using our calculator is easy. Simply enter the following information:
- Your estimated annual spending in each category (dining, travel, other)
- Your estimated number of airport lounge visits per year
- Your estimated number of Global Entry or TSA PreCheck applications or renewals per year
- Your estimated number of foreign transactions per year
Once you’ve entered all the information, click the “Calculate” button. The calculator will then show you a breakdown of the potential value of the Chase Sapphire Reserve® card for you, based on your spending and travel habits.
Is the Chase Sapphire Reserve® Card Worth It?
The Chase Sapphire Reserve® card is a great option for frequent travelers who spend a significant amount of money on dining and travel. If you take advantage of all the perks and benefits the card offers, it can easily be worth the $550 annual fee. However, if you don’t travel frequently or don’t spend much money on dining and travel, the card may not be worth the investment.
What Are the Alternatives to the Chase Sapphire Reserve® Card?
If you’re not sure if the Chase Sapphire Reserve® card is right for you, there are a number of other great travel credit cards available. Here are a few of our top picks:
- Chase Sapphire Preferred® Card: This card has a lower annual fee than the Reserve card, but it also offers fewer perks and benefits.
- American Express® Gold Card: This card offers a high earning rate on dining and travel, as well as some valuable perks like airport lounge access and a $100 annual dining credit.
- Citi Premier® Card: This card offers a generous welcome bonus and a solid earning rate on dining and travel.
Takeaways: Is the Chase Sapphire Reserve® Card Right for You?
The Chase Sapphire Reserve® card is a great option for frequent travelers who spend a significant amount of money on dining and travel. However, if you don’t travel frequently or don’t spend much money on dining and travel, the card may not be worth the investment. Ultimately, the best way to determine if the card is right for you is to use our Chase Sapphire Reserve Worth It Calculator.
Frequently Asked Questions
Q: How do I apply for the Chase Sapphire Reserve® card?
A: You can apply for the card online, by phone, or in person at a Chase branch.
Q: What is the minimum credit score required to qualify for the Chase Sapphire Reserve® card?
A: The minimum credit score required to qualify for the card is 700.
Q: What are the benefits of using the Chase Sapphire Reserve® card for international travel?
A: The card offers a number of benefits for international travel, including no foreign transaction fees, complimentary Global Entry or TSA PreCheck, and Priority Pass airport lounge access.
