Chase Sapphire Reserve Business: 200k Point Sign Up Bonus & $795 Annual Fee

The Offer

Direct link to offer

  • The Chase Sapphire Reserve Business card is now live for new sign ups. The sign up bonus is 200,000 points after $30,000 in spend within the first six months.

Card Details

  • $795 annual fee, no fee for employee cards (employee cards do not get lounge access)
  • Card earns at the following rates:
    • 8x points on all purchases through Chase Travel, including The Edit
    • 5x total points on Lyft rides through 9/30/27
    • 4x points on flights & hotels booked direct
    • 3x points on social media & search engine advertising
    • 1x points on all other purchases
  • $300 annual travel credit
  • $500 credit for stays with The Edit (Two $250 credits, one January – June and one July – December)
  • Lounge access (Priority pass and Chase Sapphire Lounge® by The Club. Primary cardholder and up to two guests)
  • $120 DashPass membership
  • $300 DoorDash promos ($25 per month)
    • a $5 monthly promo to spend on restaurant orders and two $10 promos each month to save on groceries, retail orders, and more
  • $200 Google Workspace Credit
  • $120 Lyft Credit ($10 per month)
  • $100 Curated Gift Card Credit ($50 in statement credits January through June and up to $50 July through December)
  • $120 Global Entry or TSA PreCheck or NEXUS Fee Credit
  • $100 in annual credits at reservebusiness.giftcards.com (more details in this post)
  • IHG One Rewards Platinum Elite Status through 12/31/27
  • Bonuses when you spend $120,000 in a calendar year (you receive these benefits for the remainder of the calendar year and then the next calendar year):
    • $500 Credit for The Shops at Chase for the Chase Sapphire Reserve for Business Card
    • IHG One Rewards Diamond Elite Status for Chase Sapphire Reserve for Business Card
    • Southwest Airlines Rapid Rewards A-List Status
    • $500 Southwest Airlines Chase Travel Credit

Our Verdict

On the face of it a 200,000 point bonus is massive, but it’s important to note that for a lot of business cardholders the earning categories on this card aren’t as attractive as the Chase Ink cards and there is no 5x points on office supply stores. This is significant as this card does require $30,000 in spend, if you put that on a 5x category you’d earn 150,000 points and these cards often have 100,000+ point bonuses as well. I personally think it’s very difficult to justify the annual fee on this card, outside of the first year when you earn the sign up bonus. I also hate that Chase is going down the “coupon book” route that American Express made famous on the Platinum card.

Breakage (unused benefits) on these cards must be significant and the DoorDash credits are next level nickel and diming with three credits that have to be used monthly in specific categories. We will add this bonus to our list of the best business credit card bonuses as I do think the bonus is still worth chasing for a lot of people. I assume this will start showing up via referral links eventually so if you want to wait and support a reader we will create a dedicated thread at some stage
    William Charles
  • On June 23, 2025, 05:59
Tags: bigchasechase sapphire reservechase sapphire reserve businesscredit card bonuses

View Comments (88)

  • at 4/24, applied and got 7 to 10 days message, got approved notice two hours later. Got a letter the day after saying the credit reallocation was done to approve the card.

  • Analysis. Spend $495 annual fee ($795 - $300 travel credit) + $900 cost of spend (3%) and receive 230,000 points (200k SUB + 30k base earnings). So equals buying 230k points at $0.0061 CPP. That's definitely not great considering I can use the Ink Cash 5x to get points at $0.006 CPP anytime. Of course, there's all the CSR coupons that should render some value. Stil considering it. But man am I disappointed in mediocrity of this much-hyped SUB offer!

    • Update: Amex wins again (and by a lot!). Just got the Amex Business Platinum with a 250K offer for $20K spend. Took some hunting with incognito. Real shame that Chase put out such poor offers - all around big fail on CSR launches!

  • I already have the personal one. I am trying to justify this but doesn't make sense right? Except for the travel credits, the others are largely useless if you have the personal card. lyft promos etc are very hard to track monthly.
    In the end, its 2000$ bonus, minus $500 fee, on a 30k spend. Not sure if its worth it?

    • I'm thinking the same. Barely worth it imo. It seems like the premium cards are no longer churnable though so if you already had all the Sapphire bonuses this is the last one to get.

  • Was at 4/24, with a couple recent denials on Chase Inks, breaking a long streak of approvals from Chase. Closed a biz account to free up some credit, applied a week later, auto approved.

  • I got this email after applying. Chase also pulled my credit. What's next? Just sit and wait?

    "Thanks for requesting a new credit
    We'll review your Chase Sapphire Reserve for Business Credit Card application and be in touch soon. "

    • It's already been two weeks since my wife got this message (for personal card) and haven't heard anything yet.

  • I tried to apply twice, and both times I saw this message after clicking “Submit”:
    “Oops, it seems this part of our site is not working right now. You will need to restart your application.”
    The only option is a button that takes me back to the Chase homepage. I haven’t received any confirmation emails.
    I’m using Safari (as I always do) and I’m connected to a U.S. VPN because I’m abroad. I can still log into my Chase account without issue—just the application flow is broken.

    Any ideas what is the problem?

  • At 5/24. Ended up getting denied even after recon. They said I had too many new accounts. Did not get popup just went pending.

Leave a Comment