Chase Sapphire Reserve®

Major Features

 

New OfferChase Sapphire Reserve
Welcome bonusUR 60,000 points
RequirementsSpend $4,000 on purchases in the first 3 months from account opening
Annual Fee$550
Major Features

$300 Annual Travel Credit: Automatically receive up to $300 in statement credits as reimbursement for travel purchases charged to your card each account anniversary year. In 2021, gas station and grocery store purchases will also count toward Travel Credit. 

50% more redemption value, when you redeem for travel through Chase Ultimate Rewards. For example, 60,000 points are worth $900 toward travel.
CautionSubject to 5/24 rule; not transferable to Korean Airlines; cannot hold this card at the same time with Sapphire Preferred
TransferableYes, to select airlines (United and others) and hotels (Hyatt)
VerdictA premium card with the ability to transfer UR points to airlines and hotels, but comes with a high annual fee.
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