Chase Sapphire Reserve Calculator: Worth $795?!

The ​Chase Sapphire Reserve® ​has long been a staple for frequent travelers—and it just got a major refresh. With more lifestyle credits, stronger multipliers, and a powerful new points redemption feature, it now delivers "over $2,700 in annual cardmember value," but is it worth it for you?

Intro Bonus and Eligibility

The Chase Sapphire Reserve® Card has dramatically updated application rules with the 2025 relaunch:

• Chase has officially removed the 48-month rule for Sapphire cards.
• Intro bonus limitations are no longer time-based (48-month lookback period for eligibility).

Once-Per-Lifetime Rule:

• You are now limited to receiving only one intro bonus per card
• This applies to Sapphire cards, including: Chase Sapphire Preferred® Credit Card, Chase Sapphire Reserve® Credit Card, and Sapphire Reserve for Business℠ Credit Card
• Once you have received an intro bonus for one of the cards, you won't be able to earn it again on the same card.
• This is retroactive (so if you've received a bonus for the Chase Sapphire Reserve® Credit Card in the past, you won't be able to earn it again)

Active Sapphire Rule:

• If you're an active holder of any Sapphire card, you won't be eligible for the intro bonus of a different Sapphire product, even though you can hold both at the same time.
• For example, if you currently hold the Chase Sapphire Preferred®, you can apply and get approved for the Chase Sapphire Reserve®, but since you had an active Sapphire card, you won't be eligible for the bonus (even if you otherwise would be)

Past Sapphire Rule:

• If you were previously a Sapphire member but downgraded or canceled, you're eligible for other Sapphire bonuses, as long as you've never had that specific card before
• For example, if you previously had the Chase Sapphire Preferred® and canceled it a few months ago, you're eligible for the Chase Sapphire Reserve® intro bonus (as long as you've never received an intro bonus for the latter)
• The system needs to recognize that you're no longer a Sapphire customer, and the best practice is to wait 1-2 weeks from downgrading or canceling (to avoid the risk of triggering the Active Sapphire Rule above)
• For example, if you have the Chase Sapphire Preferred® (ideally for 12+ months) but want the Chase Sapphire Reserve® (and to receive the intro bonus), then you should downgrade the former and wait ~2 weeks before applying for the latter.

Chase 5/24 Rule:

• The Chase Sapphire cards are affected by the Chase 5/24 rule.
• If you have opened more than 5 accounts from any credit card issuer in the past 24 months, you don’t qualify for the intro bonus.

Minimum Credit Limit Rule:

• The Chase Sapphire Reserve® is a Visa Infinite card, and the minimum credit limit for approval with Chase is $10,000. Depending on your current limits across your other Chase cards, you may want to decrease these limits proactively to make the approval process easier.

Chase Sapphire Reserve® Card Calculator

Ask Sebby crunches the numbers for you to calculate the Expected Value of the Chase Sapphire Reserve® Card. 

For the expected value of points, we derive the approximate dollar value based on the numbers you enter in the calculator. Scroll down to the end of the post to see our methodology.

The calculator below contains default figures and serves as an example only. Users should insert their own data for the most accurate results.  

Calculation Methodology

The results from the above calculator are based on your ability to reach the minimum spend requirement to earn the welcome offer, your amount of spend on different categories, how you plan to redeem  Chase Ultimate Rewards®, and how much relative value you assign to the other benefits.  

The “Years” referenced in the calculator refer to the cardmember year, based on when you are approved for the card.

• Year 1 = first 12 months of card membership
• Year 2 = the following 12 months afterward

Key features

Point Multipliers:

• 8X on all purchases through Chase Travel℠, including The Edit℠
• 4X on flights and hotels booked directly (after you earn $300 in travel credit)
• 3X on dining worldwide
• 1X on all other purchases

🧳 Travel, Dining, and Lifestyle Upgrades

• $500 annual credit at The Edit by Chase Travel℠​
• Book 1,100+ curated hotels with perks like complimentary breakfast and a $100 property credit.
• $300 annual dining credit​
• Redeemable at Sapphire Reserve Exclusive Tables via OpenTable (curated by The Infatuation and Visa Dining Collection).
• $300 StubHub® credit​
• Use toward tickets to concerts, sports events, and live shows.
• $250 credit for Apple TV+ and Apple Music​
• Covers annual subscriptions.
• $300 in DoorDash® promos ($25/month), plus complimentary DashPass ($120 value).
• $120 in Lyft credits ($10/month) and 5x total points on eligible rides.
• 10x points on eligible Peloton® equipment and accessories, plus up to $120/year in statement credits toward Peloton memberships.

🛫 Core Travel Benefits (Still Included)

• $300 annual travel credit — automatically applies to a wide range of travel purchases.
• Access to Chase Sapphire Lounge by The Club, plus Priority Pass Select and 20+ Air Canada Maple Leaf Lounges (when flying Star Alliance) for you and 2 guests.
• Complimentary IHG One Rewards® Platinum Elite Status.
• $120 Global Entry, TSA PreCheck®, or NEXUS credit every 4 years.
• Reserve Travel Designers — 24/7 access to custom trip planning and support.
• Built-in travel protections — including trip cancellation, trip delay, and primary rental car coverage.
   

💥 Points Boost: A Smarter Redemption Option

Chase now offers Points Boost, a new way to stretch your rewards further:

• Redeem points at up to 2x value on select flights and hotels via Chase Travel℠.
• If you had the card before June 23, 2025, you’ll get the better of Points Boost or 1.5x redemptions on pre-October 26, 2025 points—through October 26, 2027.

💎 Premium Perks at $75,000+ Annual Spend

Spend $75,000 in a calendar year and unlock:

• IHG One Rewards® Diamond Elite Status
• Southwest Airlines® A-List Status and a $500 Southwest Airlines® flight credit (booked through Chase Travel℠)
• $250 credit to The Shops at Chase — shop brands like Dyson, Sony, Therabody, and TUMI