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Chase Launches Sapphire Reserve for Business: $795 Fee, Big Rewards

6/19/2025

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Summary

Story summary

Chase introduced the Sapphire Reserve for Business on June 23, featuring a $795 annual fee, the highest for a mainstream business travel card.
Cardholders earn 4X points on flights and hotels, and 8X on Chase Travel purchases, with 1X on other travel.
The card includes extensive lounge access and statement credits, such as $300 for travel and $120 for TSA PreCheck.
It competes with the AmEx Business Platinum, which offers higher rewards but demands substantial spending to offset the fee.

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Story summary

Chase introduced the Sapphire Reserve for Business on June 23, featuring a $795 annual fee, the highest for a mainstream business travel card.
Cardholders earn 4X points on flights and hotels, and 8X on Chase Travel purchases, with 1X on other travel.
The card includes extensive lounge access and statement credits, such as $300 for travel and $120 for TSA PreCheck.
It competes with the AmEx Business Platinum, which offers higher rewards but demands substantial spending to offset the fee.