This makes the Sapphire Reserve a great choice for your day-to-day life – and for your vacations as well. The 50,000-point welcome bonus (earned after you spend $4,000 in the first three months of account opening) will jump-start you toward your next tropical getaway. Plus, its $550 annual fee is largely offset by a $300 annual travel credit. This credit is automatically applied to any eligible purchases you make (though note you won’t earn points for the travel this credit reimburses). So you might even find yourself getting reimbursed for your commute by Chase if you pay with a Sapphire Reserve.
Earn $300 cash back after you spend $3,000 on purchases within the first six months of account opening.