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One of the most well-rounded premium travel rewards cards is getting a counterpart built for business owners. In response to growing demand for such a product, Chase is launching the Chase Sapphire Reserve for Business. Like the personal version, it comes with a high annual fee and a lengthy list of benefits that can easily outweigh the cost.
Here’s what you need to know about the new card to help you decide if it’s worth applying for once it becomes available later this month.
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Chase Unveils the Brand-New Sapphire Reserve for Business
Chase has an excellent lineup of Ink small business cards, and it's about to get even better. On June 23, 2025, the issuer will debut its newest and most expensive business credit card yet: the Sapphire Reserve for Business.
This new card closely mirrors the refreshed Chase Sapphire Reserve®, which will be available to new applicants starting June 23, 2025. However, the business version includes a variety of perks specifically designed for modern business owners. And while these features are interesting, they also make it less of a one-size-fits-all business credit card.
Chase Sapphire Reserve for Business benefits
The Chase Sapphire Reserve for Business is the new crown jewel of Chase’s small business credit card lineup, thanks to its headline benefits and premium price tag, which we’ll cover in more detail shortly. Here’s a look at the card’s perks, broken down by category:
This card comes with several travel-related benefits, including complimentary elite status, airport lounge access, and hefty statement credits.
- $300 travel credit
- $120 Global Entry, TSA Precheck, or Nexus credit every four years
- $500 annual The Edit credit ($250 bi-annually)
- Complimentary IHG One Rewards Platinum Elite status through December 31, 2027 for the primary cardmember (not available for employee cardmembers).
- Airport lounge access, including Chase Sapphire Lounges by The Club and over 1,300 Priority Pass lounges (primary cardmember can bring two guests).
- Comprehensive travel protections
- Access to Chase Sapphire Reserve Exclusive Tables on OpenTable
Business statement credits
The Sapphire Reserve for Business will also offer a handful of business-related statement credits, and a few of them are pretty unique.
- $400 ZipRecruiter credit ($200 bi-annually)
- $200 Google Workspace credit
- $100 Giftcards.com credit ($50 bi-annually)
- $300 in annual DoorDash promos ($25 monthly) and complimentary DashPass membership (valued at $120 annually); promos must be used each month and do not roll over
- $120 in annual Lyft credits, up to $10 per month, plus 5X total points on eligible Lyft rides through September 30, 2027
Business benefits
But wait, there's even more for businesses. Here’s a look at the additional benefits designed specifically for business owners:
- Dual credit lines: Cardmembers can access both a Pay in Full line, which requires the balance to be paid off each month, and a Flex for Business line, which allows for payments over time with interest
- Purchase protection and fraud monitoring to help safeguard your spending
- Dedicated business customer service team available seven days a week
- 24/7 Visa Infinite Concierge support for booking dining, entertainment, and travel
Benefits unlocked with eligible spending
Businesses that spend $120,000 in a calendar year can unlock additional benefits. Here’s what becomes available once your organization hits that threshold:
- IHG One Rewards Diamond Elite Status
- Southwest Airlines A-List status, plus a $500 Southwest credit (valid on Southwest flights booked through Chase Travel)
- $500 credit to The Shops at Chase — a new platform where you can use cash or Ultimate Rewards points to shop brands like Dyson, Tumi, and more
Earning rates and redemption options
The Sapphire Reserve for Business is an Ultimate Rewards-earning card. Here’s how many points you’ll earn on different types of business purchases:
- 8X points on Chase Travel purchases
- 4X points on flights and hotels booked directly
- 3X points on advertising purchases made with social media sites and search engines
- 1X point on all other purchases
Just like the personal Sapphire Reserve, business owners can transfer points to Chase’s 14 airline and hotel partners, use points for purchases through The Shops at Chase, or redeem them for gift cards, merchandise, or travel, with Chase Travel redemptions offering up to 2¢ per point.
The “up to 2¢ per point” rate comes from the card’s access to a new feature called Points Boost, which offers enhanced value on select flights and hotel stays booked through Chase Travel. Eligible redemptions in the portal will be clearly marked, while all others will offer 1¢ per point.
Points Boost replaces the fixed 1.5¢ per point redemption rate that has long been a hallmark of the personal Sapphire Reserve.
Sapphire Reserve for Business annual fee
If you add up all the statement credits and account for the full suite of benefits, you’ll arrive at a big number, which might leave you wondering what the cost is for all of this. The Sapphire Reserve for Business comes with a $795 annual fee.
It goes without saying that this is a major expense, even if it can be justified. It’s also a good bit more expensive than most other premium business credit cards.
Add employee cards for $0
Cardholders can add employee cards for $0. These cards earn rewards for the business and include the same purchase and travel protections as the primary card.
Our Take on the Chase Sapphire Reserve for Business
In its press release, Chase touts “over $2,500 in annual value” for the new Chase Sapphire Reserve for Business. That’s a big number — one that's a few times bigger than the card’s $795 annual fee. On paper, it might seem like a no-brainer, but that doesn’t mean it’s the right fit for every business.
If your business spends heavily on flights, hotels, or advertising through social media and search engines, this card can deliver serious value. And if you can take full advantage of the unique statement credits and travel perks, it could easily justify its place in your wallet.
But if your business can’t commit to the $795 annual fee or won’t make use of the card’s credits, then the advertised annual value doesn’t mean much.
On balance, it’s a compelling new card that rounds out Chase’s excellent portfolio of small business products. But like any premium credit card, it won’t be the right fit for every business. For the right business owner, though, the value is tough to beat.
The Chase Sapphire Reserve for Business will open to new applicants on June 23, 2025. If you choose to apply, we'd appreciate you clicking through our links to help support the work we do here at AwardWallet.
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