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Chase Launches The Sapphire Reserve For Business: The Ultimate Business Card?
- Chase introduces the Sapphire Reserve for Business, a premium business card with generous rewards and benefits.
- New cardholders can earn 200,000 bonus points after spending $30,000 in the first six months.
- The annual fee for the Sapphire Reserve for Business is $795, but the numerous benefits provided may offset this cost.
- Cardholders spending $120,000 or more annually receive additional benefits for the following year.
- The card offers travel and purchase protections, along with cellphone insurance protection.
- Cardholders earn rewards on purchases, and points can be redeemed for cash back, transfers to airlines and hotels, or for Chase Travel bookings.
- A Points Boost feature allows cardholders to receive up to a 100% bonus on points, improving the value of the rewards.
- Excellent credit is likely required for approval, possibly a FICO Score of 800 or higher.
- Customers can hold multiple Sapphire cards simultaneously, and adding a no-annual-fee Chase card may be beneficial.
- The Sapphire Reserve for Business has the highest annual fee compared to its competitors, but offers various benefits to justify the cost.
- The 200,000-point welcome bonus is the highest ever on a Chase card, making this business card an attractive option for those considering premium cards.
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