physixfan      2025-06-23     2025-06-25 2 Comments

Chase Sapphire Reserve for Business℠ Credit Card Review

2025.6 Update: New card launched. The welcome offer is 200k, which is HUGE!

Offer Link

• Chase Sapphire Reserve for Business

Benefits

1. 200k offer: earn 200,000 Ultimate Rewards (UR) points after spending $30,000 in the first 6 months. This is the best ever offer on this card!
2. We estimate that Ultimate Rewards (UR) points are worth about 1.6 cents/point, see below for a brief introduction. So the 200k  highest welcome offer is worth about $3,200!
3. If you have this card, you can transfer your UR points to partner airlines miles and hotel points.
4. [New] Earn 8x UR points on purchases through Chase Travel; earn 4x UR points on flights and hotels booked direct; earn 3x UR points on online advertising; and earn 1x UR points on everything else.
5. [New] “Points Boost”: you can redeem your UR points on Chase Travel, with value up to 2.0 cents/point for some flights and hotels. (The default value is 1.0 cent/point.) This feature replaced the old 1.5 cents/point fixed value redemption feature.
6. “Pay Yourself Back”: you can redeem UR points for statement credits against existing purchases in select, rotating categories. The redemption rate used to be 1.5 cents/point on 2020/2021, but then it became 1.25 cents/point afterwards.
7. [New] This card offers varies credits to cover some expenses, see details in the next section.
8. Complimentary access to Chase Sapphire Lounges; Complimentary Priority Pass Select (PPS) card for the primary cardholder and authorized users. You can bring up to 2 guests for free.
9. Credit for Global Entry or TSA Pre application fee.
10. Visa Infinite benefits, including: Visa Infinite Hotel Collection, Visa Infinite Hotel Privileges, Visa Infinite Car Rental Privileges. But note that the $100 air discount benefit is NOT included.
11. Primary car rental insurance.
12. No foreign transaction fee.

Varies Credits

You get the following credits by holding this card:

• $300 Travel Credit: Each year (account anniversary year), automatically receive up to $300 in statement credits as reimbursement for travel purchases such as airfare and hotels charged to your card. All travel expenses count, so it is super easy to get this one, completely different from the credits below.
• $500 Edit Collection Credit: Up to $250 in statement credits from January through June and again from July through December for prepaid bookings made with The Edit. “The Edit” is a luxury subset of hotels on Chase Travel.
• $300 DoorDash Credit: You will get Complimentary DashPass membership. In addition, DashPass members get up to $25 each month to spend on DoorDash, which includes a $5 monthly promo to spend on restaurant orders and two $10 promos each month to save on groceries, retail orders, and more. Available through 12/31/2027.
• $120 Lyft Credit: Get up to $10 in monthly in-app credits to use on rides through 9/30/2027.* Plus, earn 5x total points on Lyft rides through 9/30/2027.
• $400 ZipRecruiter Credit: Earn up to $200 in statement credits January through June and up to $200 in statement credits July through December.
• $200 Google Workspace Credit: earn up to $200 in annual statement credits on purchases made directly on Google Workspace.
• $100 Giftcards.com credit: Earn up to $100 per year in statement credits when you purchase gift cards from a curated collection on giftcards.com/reservebusiness. You’ll earn up to $50 in statement credits January through June and up to $50 July through December.

You get the following if spending $120,000 in a calendar year (note that this spending requirement is higher than the $75k for personal CSR):

• $500 Credit for The Shops at Chase
• $500 Southwest Airlines Chase Travel credit
• IHG One Rewards Diamond Elite Status
• Southwest Airlines A-list status

Disadvantages

1. [New] Annual fee $795, NOT waived first year. Authorized user cards are free but they don’t have benefits. Note that the annual fee does not count towards the minimum spending requirement (and this is true for all credit cards)!
2. The lowest credit limit is $10k, so it requires good income and credit history.

Introduction to UR Points

• You can earn UR points with Chase Freedom Student, Chase Freedom, Chase Freedom Unlimited (CFU), Chase Sapphire Preferred (CSP), Chase Sapphire Reserve (CSR), Chase Ink Cash (Business), Chase Ink Unlimited (Business), Chase Ink Preferred (Business), etc.
• You can move your UR points from one UR card to another at any time.
• UR points never expire. You will lose the UR points on one card if you close the account, but you can prevent losing your UR points by moving the points to another UR card beforehand.
• If you have Chase Sapphire Preferred (CSP), Chase Sapphire Reserve (CSR), or Chase Ink Preferred (Business), UR points can be transferred to some hotel points. One of the best way to use UR points is to 1:1 transfer to Hyatt points. UR points can also be transferred to some airline miles. One of the most common and best way to use UR points is to 1:1 transfer them to United Airlines (UA) miles (Star Alliance), and combine them with the UA miles earned from the UA card. Other good options are: Southwest (WN) (Non-alliance), British Airways (BA) (Oneworld), Virgin Atlantic (VS) (Non-alliance), etc. If you use UR points in this way, the value is about 1.6 cents/point.
• If you have Chase Sapphire Reserve (CSR), you can redeem your UR points for up to 2.0 cents/point towards air tickets or hotels on Chase Travel with the "Points Boost" feature; if you have Chase Sapphire Preferred (CSP) or Chase Ink Preferred (Business), the value is up to 1.5 cpp (or 1.75 cpp for premium cabin).
• If you have any of the UR cards, you can redeem your UR points at a fixed rate 1 cent/point towards cash.
• In summary, we estimate that UR points are worth about 1.6 cents/point.
• For more information about UR points, see Maximize the Credit Card Points Values (overview), and Introduction to UR: How to Earn and Introduction to UR: How to Use (very detailed).

Recommended Application Time

1. [5/24 Rule] If you have 5 or more new accounts opened in the past 24 months, Chase will not approve your application on this card, no matter how high your credit score is. The number of new accounts includes all credit card accounts, not only Chase accounts. See this post for details about how to possibly bypass this rule.
2. [New] Chase introduced a once-per-lifetime rule: The new cardmember bonus may not be available to you if (1) you currently have any other business Sapphire cards open, (2) previously held this card, (3) or received a new cardmember bonus for this card. This rule replaced the old 48 month rule and same family rule for the Sapphire cards.
3. [New] Chase introduced a pop up jail mechanism: They may consider the number of cards you have opened and closed, as well as other factors in determining your bonus eligibility.
4. Don』t apply for more than 2 Chase credit cards within 30 days, it』s highly likely that you will get rejected.
5. We recommend that you apply for this card after you have had other Chase credit cards for at least 3 months, or after you have had a credit history for more than a year.

Summary

This card may not be cost-effective to hold long-term, but the massive sign-up bonus of 200k is definitely worth going for.

This card has a lot in common with the personal Chase Sapphire Reserve (CSR) card, as well as many differences. The following table lists all the differences, all else are the same:

After the 2025 revamp, the annual fee for this card has risen to a whopping $795, effectively turning it into a coupon book. The numerous credits are overwhelming and headache-inducing; in reality, the only benefit that most people can consistently maximize is the $300 travel credit. Many of the other perks require spending specifically to trigger the credits, which may not be worthwhile just for the sake of 「gaming the system.」 The $500 hotel credit for The Edit is key—whether you can fully utilize it without losses will largely determine whether this card ends up having a negative effective annual fee. We’ll update when more data points are available.

With the 2025 revamp, this card has lost its 1.5 cpp (cents per point) minimum redemption value for UR points. In its place is the new Points Boost feature with variable redemption rates. While the upper limit of redemption value is now higher, the loss of the minimum redemption rate still diminishes the appeal of UR points. That said, if you want to redeem UR points in ways other than transferring to partners, you’ll still need to have this CSR card. If you don’t plan to hold it long-term, you could consider accumulating points with other UR cards first, then apply for or upgrade to the CSR when you’re ready to redeem, and downgrade the card after redeeming.

Related Credit Cards

• Chase Sapphire
• Chase Sapphire Preferred (CSP)
• Chase Sapphire Reserve (CSR)
• Chase Sapphire for Business

Recommended Downgrade Options

• Can we downgrade it to a Chase Ink card?

After Applying

• Call 800-436-7927 to check Chase application status. This is an automated telephone line, and the information has the following meanings: Receive decision in 2 weeks means your application is probably approved; Receive decision in 7-10 days means your application is probably rejected; Receive decision in 30 days simply means your application requires further review and there’s nothing to tell you for now.
• Chase reconsideration backdoor number: 888-270-2127 or 888-609-7805. Call it if you didn』t get approve immediately. Your personal information will be acquired and they will then review it. You seldom answer questions, instead, just enjoy the music and then you get approved or rejected, or further information is needed to be hand in to the branch or faxed.

Historical Offers Chart

Offer Link

• Chase Sapphire Reserve for Business

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