Chase has finally expanded its ultra-premium Sapphire brand to the business side with the launch of the Chase Sapphire Reserve for Business, available starting June 23, 2025. At TheMilesAcademy, we’ve examined this long-awaited release and here’s everything you need to know to decide whether it deserves a spot in your wallet.
A $795 Annual Fee, But Lots of Value
This card has a $795 annual fee. That might cause some sticker shock, but as with many premium cards, the real question is whether the benefits outweigh the cost.
One important note is that while the personal version of the Chase Sapphire Reserve charges $195 per authorized user, the business version allows you to add employee cards for free. This makes a huge difference for business owners managing teams and looking to earn more rewards without additional costs. However, only the primary cardholder gets access to premium perks like lounge access.
Airport Lounge Access That Feels First Class
One of the standout benefits of this business credit card is the access it gives you at airports. You’ll get:
- Access to Chase Sapphire Lounges
- A full Priority Pass Select membership
- Entry into select Air Canada Maple Leaf Lounges
If you or your employees travel often, this feature alone can add significant comfort to your travel days. Just note that only the primary cardholder receives these privileges—employee cards do not include lounge access.
Powerful Rewards Designed for Business Spending
The earning structure on this card is tailored for business owners who spend heavily in specific categories. Here’s how you earn Ultimate Rewards points:
- 8x points on bookings through Chase Travel
- 5x points on Lyft rides (through September 30, 2027)
- 4x points on flights and hotels booked directly
- 3x points on advertising purchases through social media and search engines
- 1x point on all other eligible purchases
This setup is particularly useful for business owners who are investing in digital marketing, booking frequent travel, or running multiple campaigns online. Compared to many other business credit cards, this is one of the most aggressive and rewarding structures you’ll find—especially with no points caps.
Travel Transfer Partners and Points Boost
Ultimate Rewards points remain one of the most valuable currencies out there. With the Chase Sapphire Reserve for Business, you can transfer points 1:1 to a long list of travel partners, including Hyatt, United, Air Canada Aeroplan, and more.
Alternatively, if you prefer simplicity, Chase’s new Points Boost feature lets you redeem points through Chase Travel at enhanced value. This gives business owners more flexibility depending on their travel style and preferences.
No Foreign Transaction Fees & Flexible Payment Options
The card is built with flexibility in mind. Business owners can choose between:
- A pay-in-full account that resets monthly
- A revolving credit line that lets you carry a balance and pay interest
And regardless of where you travel, the card charges no foreign transaction fees, making it ideal for international business trips.
Statement Credits That Can Offset the Annual Fee
To help justify the high annual fee, Chase is offering a generous set of statement credits that provide real, usable value for business owners:
- $500 in hotel credits through The Edit by Chase Travel ($250 every 6 months; minimum 2-night stay)
- $400 in ZipRecruiter credits ($200 twice per year)
- $300 annual travel credit (easy to use across a wide range of travel purchases)
- $200 Google Workspace credit (ideal for Gmail, Docs, AI tools, and cloud storage)
- $120 credit for Global Entry, TSA PreCheck, or NEXUS (available every 4 years)
- $100 in Giftcards.com credits ($50 every 6 months for gift card purchases)
These credits add up quickly, especially for businesses that already use services like ZipRecruiter or Google Workspace. If you can fully utilize them, the card’s net cost drops substantially.
Extra Perks for Big Spenders: $120,000+ Per Year
For businesses spending at least $120,000 annually on the card, Chase sweetens the deal with elite travel perks:
- IHG One Rewards Diamond status (top-tier elite benefits like upgrades and breakfast)
- Southwest A-List status, which includes priority boarding and same-day standby
- A $500 Southwest Airlines travel credit, bookable via Chase Travel
- A $500 Shops at Chase credit, good for luxury brands like Tumi, Breitling, and Baccarat
These bonuses target high-volume users who want added luxury for themselves or their team.
Comparing It to the Personal Chase Sapphire Reserve
While this card shares the same name as the personal Chase Sapphire Reserve, the two have several important differences:
- The business version includes 3x points on digital ads, instead of dining
- No fee for employee cards (vs. $195 each on the personal version)
- High-spend benefits unlock at $120,000 per year, compared to $75,000 on the personal card
- Statement credits are tailored to business needs (e.g. ZipRecruiter, Google Workspace)
If you already hold the personal version, there is some overlap—but the business version is clearly built for entrepreneurs and growing teams.
Final Verdict from TheMilesAcademy
The Chase Sapphire Reserve for Business is one of the most exciting new entries in the premium business credit card market. It offers standout rewards, valuable travel perks, and a mix of statement credits that align with how modern businesses operate.
If you’re spending heavily in categories like advertising and travel, and you can take advantage of the included credits, this card can absolutely be worth the $795 annual fee. Just be aware that you’ll need to actively manage your credits and track your spending to get the most value.
Overall, this card fills a gap that has existed in Chase’s portfolio for a long time. If you’re a small business owner who prioritizes travel, this premium product might be the upgrade you’ve been waiting for.
