BankingCredit Cards

Is The Chase Sapphire Reserve Worth It?

What perks does it offer?

  1. $300 Annual Travel Credit – This credit automatically applies to travel-related purchases made with the card, such as airfare, hotels, rental cars, and more. Cardholders receive up to $300 in statement credits per year to help offset the cost of travel.
  2. Statement Credit for TSA PreCheck or Global Entry Application Fees – Cardholders can receive a statement credit of up to $100 every four years for TSA PreCheck or Global Entry application fees. These programs provide expedited security screening and customs clearance for eligible travelers.
  3. DoorDash Statement Credits – In the first year of card membership, cardholders can receive up to $60 in statement credits on DoorDash purchases. In addition, they can also receive up to $60 in statement credits on their DoorDash purchases in the second year of card membership.
  4. The Chase Sapphire Reserve credit card provides access to the Priority Pass Select program, which includes access to over 1,000 airport lounges worldwide, including many airline lounges and independent lounges.

These credits can provide significant value to cardholders, particularly for those who frequently travel or use DoorDash for food delivery. The $300 annual travel credit can help offset the cost of flights, hotels, and other travel expenses, while the TSA PreCheck or Global Entry application fee credit can save cardholders time and hassle when traveling. The DoorDash statement credits can help offset the cost of food delivery, which can be particularly useful during times when in-person dining may not be an option.

What can I do with Chase Ultimate Rewards?

  1. Airlines: Cardholders can transfer their points to several airline loyalty programs, including United MileagePlus, Southwest Rapid Rewards, British Airways Executive Club, Virgin Atlantic Flying Club, and more. This allows cardholders to use their rewards points to book flights with these airlines or to access other travel perks offered by the loyalty programs.
  2. Hotels: Cardholders can also transfer their points to several hotel loyalty programs, including Hyatt Gold Passport, Marriott Bonvoy, IHG Rewards Club, and World of Hyatt. This allows cardholders to use their rewards points to book hotel stays or to access other travel perks offered by the loyalty programs.
  3. Car rental companies: Cardholders can transfer their points to the car rental loyalty program of National Car Rental, Avis, and more. This allows cardholders to use their rewards points to rent cars or to access other travel perks offered by the loyalty programs.

Summary

Transferring rewards points to travel partners can provide significant value to cardholders, particularly for those who frequently travel. By using their rewards points to book flights, hotels, or rental cars, cardholders can potentially save a significant amount of money on travel expenses. Additionally, many of these loyalty programs offer other travel perks, such as priority boarding, free checked bags, and room upgrades, which can further enhance the travel experience for cardholders.

Leave a Reply

Your email address will not be published. Required fields are marked *