With the Chase Sapphire Reserve credit card, you have the ability to earn thousands of Ultimate Rewards points in several potential ways. Once you are approved for this card, you will automatically qualify to receive a sign-up bonus of 100,000 Ultimate Rewards points. This card also comes with numerous benefits including a $300 annual travel credit.
The Sapphire Reserve card comes with an annual fee of $450, however this card begins to pay for itself once you start receiving the benefits of the card. After being approved, you can start working towards the sign-up bonus. In order to earn the points, you have to spend a total of $4,000 within the first three months of having the card.
The Ultimate Rewards points that you earn can be used on a wide range of options. One of the best ways to use Ultimate Rewards points is on travel. Chase is a partner with several major airlines that you can transfer points to miles at a 1:1 ratio.
As a Chase Sapphire Reserve cardholder, you can continue earning miles just for doing your everyday shopping. For every dollar you spend on travel and dining using your Sapphire Reserve, you will earn 3 points. In addition, you will also earn 1 point for every dollar spent elsewhere. With this card, you can also enjoy a wide array of additional benefits including airline lounge access, car rental privileges, no foreign transaction fees and more.