Chase Sapphire Reserve full review
Discover in this article not only the advantages provided by the Chase Sapphire Reserve ® Credit Card, but also the process of obtaining it.
Exploring the Chase Sapphire Reserve ® Credit Card: Everything You Need to Know
If you’re a frequent traveler seeking a credit card that caters to your needs and offers incredible savings worldwide, the Chase Sapphire Reserve ® Credit Card is the ideal choice. This comprehensive guide will provide you with all the information you need to know about the benefits and accessibility of this premium credit card.
Understanding the Fees of the Chase Sapphire Reserve ® Credit Card
The Chase Sapphire Reserve ® Credit Card carries an annual fee of $550 USD.
The Purchase Interest Rate ranges from a variable APR of 18.99% to 25.99%.
There is no introductory APR for the Chase Sapphire Reserve ® Credit Card.
In addition to the aforementioned benefits, this credit card eliminates foreign transaction fees, allowing you to make purchases anywhere in the world without incurring excessive charges.
The Chase Sapphire Reserve ® Credit Card has a $0 foreign transaction fee.
Safeguards and Protections Provided by the Chase Sapphire Reserve ® Credit Card
Travel coverage is one of the key features offered by this credit card.
If your trip is canceled or interrupted due to covered causes, you’ll be eligible for reimbursement of up to $10,000 per person and $20,000 per trip for various travel expenses, including tours and accommodations.
In the event of a rental car accident, such as a collision, you may be insured for up to $75,000 USD to cover the rental company’s collision insurance fees. This service is accessible in both the United States and other countries.
If you experience lost or damaged luggage, the Chase Sapphire Reserve ® Credit Card provides coverage of up to $3,000 USD per passenger.
In case of travel delays, this credit card will cover up to $500 USD per ticket.
In the event of an emergency evacuation, you’ll be covered for up to $100,000 USD to cover medical services and transportation.
Understanding How the Chase Sapphire Reserve ® Credit Card Works
The Chase Sapphire Reserve ® Credit Card prioritizes the security of your purchases by employing multiple forms of security measures.
Your purchases will be covered for 120 days against damage or theft, with a maximum coverage of $10,000 USD per claim. The total annual coverage linked to this insurance is $50,000.
The credit card also offers return protection for eligible items in case the store refuses returns. This insurance covers items for up to 90 days from the date of purchase, providing up to $500 per item and $1,000 per year in coverage.
Furthermore, the Chase Sapphire Reserve ® Credit Card provides extended warranty protection, extending the US manufacturer warranty for an additional year for qualifying warranties lasting up to 3 years.
Benefit Highlights of the Chase Sapphire Reserve ® Credit Card
New Chase Sapphire Reserve ® Credit Card holders can enjoy a generous enrollment bonus. After spending $4,000 within the first three months of opening an account, you’ll earn 80,000 bonus points. These points can be converted into $1,200 for travel when redeemed through Chase Ultimate Rewards.
Continued rewards are granted to cardholders:
- Earn 10 points per dollar spent on car rentals and hotel stays booked through Ultimate Rewards.
- Earn 5 points per dollar spent on air travel purchased through Ultimate Rewards.
- Earn 10 points per dollar spent on Chase Dining purchases through Ultimate Rewards.
- Earn 3 points per dollar spent on travel and dining.
All other purchases made on the Chase Sapphire Reserve ® Credit Card will earn you 1 point per dollar.
How to Apply for the Chase Sapphire Reserve ® Credit Card
Applying for the Chase Sapphire Reserve ® Credit Card is a straightforward process. A detailed step-by-step guide outlining the application process will be provided in an exclusive article, ensuring a seamless application experience.
