Back in June, Chase set off a premium travel arms race with the relaunch of its flagship *chase sapphire reserve*, hiking the annual fee to $795 while adding a bunch of “money-saving” credits to help justify the price hike. Those new benefits went into effect immediately for new applicants, but longtime Sapphire Reserve cardholders had to wait to take advantage of all the new perks.

That day has finally come. As of Oct. 26, new and longtime cardholders alike can now use benefits that add up to “more than $2,700 in value” – Chase's words, not mine. That includes: 

  • $500 in annual hotel credits for 1,100-plus properties in Chase Travel℠'s “The Edit℠” portfolio with additional benefits like a $100 onsite credit, complimentary breakfast for two, space-available upgrades, and more
    • Split into two, $250 credits available from January through June and again from July through December, so just one credit is available through the end of the year – and you must book at least a two-night stay
  • $300 annual dining credit at select “Sapphire Reserve Dining” restaurants bookable through OpenTable
    • Split into two, $150 credits available from January through June and again from July through December, so longtime cardholders have one to use before the end of 2025
  • $300 annual StubHub credit for concert and event tickets
    • Split into two, $150 credits available from January 1 through June 30, and again from July 1 through December 31 for purchases on StubHub.com and viagogo.com (activation required), so – again – you've got one credit available before 2025 is up.
  • Complimentary subscriptions to Apple TV+ and Apple Music – a $250 value

And that's really just the tip of the iceberg with all the Sapphire Reserve has to offer. Many of these benefits reset semiannually, which means you've got just a couple of months left to take advantage before they expire. 

The bad news? Any renewal on or after Oct. 27 will ring in at $795. Chase also made a (mostly) negative change to how much points are worth when booking travel through the Chase Travel℠ portal, doing away with the flat 1.5 cents per point redemption option in favor of its new “Points Boost” system. Plus, the days of earning 3x points on any travel purchase are officially over.

There's a lot to unpack here so read on for more information on all the new benefits available to Sapphire Reserve cardholders – and some tips for how to get the most out of them.

Related reading: Chase Sapphire Reserve® Hikes Annual Fee, Adds Tons of Perks

 

Chase Sapphire Reserve® Benefits Overview

  • Welcome Bonus: bonus_miles_full
  • Changing! Earn 8x points on all purchases through Chase Travel℠
    • Cardmembers previously earned 5x points on flights and 10x points on hotels and rental cars
  • Changing! Earn 4x points booking flights and hotels direct
    • Cardmembers previously earned 3x points on all travel purchases, not just those made directly
  • Earning 3x points on all dining purchases remains untouched
  • Complimentary access to Chase Sapphire Lounges, Priority Pass Lounges, and select Air Canada Maple Leaf Lounges for the cardholder and two guests
  • Annual $300 travel credit for all travel purchases remains unchanged
  • Up to a $120 credit for Global Entry, TSA PreCheck, or NEXUS every four years stays in place
  • New! $500 in annual hotel credits for 1,100-plus properties in Chase Travel's “The Edit” portfolio with additional benefits like a $100 onsite credit, complimentary breakfast for two, space-available upgrades, and more
    • Split into two, $250 credits available from January through June and again from July through December. Must book at least a two-night stay
  • New! Automatic IHG One Rewards Platinum Elite Status
    • Cardholders can bump up to top-tier Diamond Elite Status by spending $75,000 on their Reserve each calendar year
  • Changing! Expanded “Points Boost” redemptions in Chase Travel on select premium cabin flights and hotels, where each point is worth 2 cents apiece
    • Chase will officially sunset the 1.5-cent-per-point redemptions on all travel through the portal as of Oct. 26, 2027. Until then, existing cardholders can continue redeeming points for enhanced value on all travel bookings  – but only for points earned prior to Oct. 26, 2025.
  • New! $300 annual dining credit at select “Sapphire Reserve Dining” restaurants bookable through OpenTable
    • Split into two, $150 credits available from January through June and again from July through December
  • New! Complimentary subscriptions to Apple TV+ and Apple Music – a $250 value
  • New! $300 annual StubHub credit for concert and event tickets
    • Split into two, $150 credits available from January 1 through June 30, and again from July 1 through December 31 for purchases on StubHub.com and viagogo.com. Activation required.
  • New! $120 in Peloton credits annually towards memberships
    • Cardholders will still earn 10x points on Peloton equipment and accessories
  • $120 in Lyft credits annually, split into $10 monthly allotments
  • Up to $300 for DoorDash annually including two $10 monthly discounts toward non-restaurant orders, $5 a month off restaurant orders, and a complimentary DashPass membership
  • Excellent travel insurance policies for trip delay, trip interruption, rental cars, and more
  • Changing! Annual fee of $795

 

*chase sapphire reserve*

 

Learn more about the *chase sapphire reserve*.

 

New Credits to Take Advantage of Right Away

With many of these new credits resetting at the end of the year – or even monthly – time is of the essence if you want to get the most out of your new perks. 

Here are the ones you should prioritize first. 

 

$500 “The Edit” Hotel Credit

Sapphire Reserve cardholders get up to $250 in statement credits for prepaid, “The Edit” hotel bookings to use from January to June, and again from July to December, up to $500 per year. Starting Jan. 1, 2026, this credit will be even more flexible.

Rather than forcing cardholders to use two, $250 hotel credits in each half of the year, you'll be able to use up those two credits at any time. In 2025, you've got just one $250 credit to use before the end of the year. Keep in mind you can book a future stay for a trip in 2026 so long as you book before Dec. 31.

This new hotel collection from Chase offers a curated set of upscale properties, similar to Amex's Fine Hotels + Resorts®. In addition to the card's semiannual credit, you'll also get added benefits like complimentary breakfast, a $100 property credit, possible upgrades, and more. However, you must book at least a two-night stay for the credit to kick in. 

 

Details about "The Edit" by Chase Travel.

 

Just keep in mind: This credit is only for the primary cardholder and the credited amount won't earn any points. Still, it's a nice benefit with some really valuable perks. Being able to save up to $250, twice per year, at one of these properties will go a long way toward justifying the card's annual fee. 

 

$300 Dining Credit

You'll get up to $150 in statement credits from January through June and again from July through December, for a maximum of $300 annually, for dining at restaurants that are part of Chase's “Sapphire Reserve Exclusive Tables.” That means you've got $150 to use by the end of 2025.

You'll mostly find eligible restaurants in major cities like New York City, Chicago, and Los Angeles, but even some mid-sized cities like Charleston, Minneapolis, Nashville, Denver, and more have a handful of restaurants where you can use this credit. All told, there are 300-plus eligible restaurants as of publication.

Since these restaurants skew higher end, you should have no trouble using your semiannual $150 credit up in one fell swoop … or over multiple visits. 

Read More: Breaking Down the New $300 Dining Credit on the Chase Sapphire Reserve

 

$300 StubHub Credit

You now get up to $150 in statement credits from January through June and again from July through December for a maximum of $300 annually for StubHub and viagogo purchases through Dec. 31, 2027.

If you regularly attend live events like concerts, sports, or even theater and comedy shows, this credit should be pretty easy to use and help you get some value back out of your card's high annual fee. Be sure to use your first $150 before the year ends.

 

$300 DoorDash Credit & Complimentary DashPass

Sapphire Reserve cardholders get a $5 per month discount on DoorDash restaurant orders and two monthly coupons of up to $10 off grocery, convenience, and other non-restaurant orders through Dec. 31, 2027.

These promos must be applied at checkout when placing an order on DoorDash using the Sapphire Reserve card enrolled in DashPass. Unfortunately, if you don't get around to using one of your promos, it won't carry over to the next month.

You'll also get a complimentary DoorDash DashPass membership, providing free delivery access and lower platform fees. Just be sure to activate this benefit by Dec. 31, 2027, and it'll be good for a minimum of one year.

 

Complimentary Apple TV+ & Apple Music Subscription

You'll now get a complimentary Apple TV+ and Apple Music subscription for holding the Sapphire Reserve card (through June 22, 2027). If you're already paying for one (or both) of these services, that's an annual value of $250. 

With tons of original content and access to music across all your devices, this will no doubt prove to be a valuable benefit for many. One thing to note: It's not valid for Apple One or even family subscriptions of Apple Music or Apple TV+.

Read More: Making the Most of the New Chase Sapphire Reserve® Apple Perks

 

Introducing … ‘Points Boost' Redemptions

With Chase's new “Points Boost” offers, your points are worth 2 cents each when you book a hotel that’s part of The Edit℠ and up to 2 cents each when redeemed for both thousands of other top-booked hotels and flights with select airlines through Chase Travel.

The downside? Any points you earn going forward  are now worth a flat 1 cent each – down from 1.5 cents per point – for all other travel redemptions through Chase's travel portal. Longtime cardholders can still redeem points earned before Oct. 26, 2025 through Chase Travel at that old 1.5-cent rate – or higher, if there's a Points Boost redemption available.

But this option will be going away entirely on Oct. 26, 2027 – so you've still got a couple of years to cash out your points at that higher rate if you'd like. 

While it stinks to lose the option to get more value from your points booking any flight, hotel, rental car, or cruise, there can be serious upside with Points Boost. Let's say you're looking to book a premium economy ticket on United and see one of these offers available. You could redeem 82,398 Chase Ultimate Rewards instead of paying the $1,442 cash fare, which works out to 1.75 cents per point in value.

 

Chase Travel Points Boost offer for flights from EWR-SFO

 

And it gets even better when booking The Edit hotel properties. Take the Four Seasons in Minneapolis, for example: With an average nightly room rate of $503, a two-night stay here would ring in at $1,159 with taxes and fees included. But instead of paying cash, you could redeem just 57,927 Chase points for the same stay – a whopping 2 cents per point in value! 

 

Points Boost redemption for the Four Seasons Hotel Minneapolis

 

These are just a couple of examples of what's possible with Points Boost. You won't find them on every flight or hotel you're searching for, but when you do … there's serious value to be had redeeming your points this way.

Of course, you can often get far more value out of your points by turning to Chase's slew of transfer partners – airlines and hotel chains to which you can directly transfer your points – but there's nothing wrong with taking the easy way out and using Points Boost instead.

 

New Earning Rates

In addition to the higher annual fee and new credits, Chase also made changes to the way you earn points. 

Gone are the days of earning 3x Chase Ultimate Rewards on all travel purchases. Now, you'll earn 8x points on travel purchases … but only through Chase Travel℠ … and 4x points on flights and hotels booked direct.

You'll still earn 3x points on all dining purchases and 1x on everything else. 

Whether or not these new earning rates are good or bad news will likely depend on how you book travel. We often recommend avoiding online travel agencies (OTAs), like Chase Travel, because when something goes wrong or your plans change, you're stuck trying to correct it with Chase, rather than directly with the airline or hotel. 

That said, Chase has been beefing up its travel portal capabilities recently. You'll now be able to earn hotel points and get elite benefits (at some hotels) even when booking through Chase. Aside from the unnecessary friction when things go wrong, this was another major downside to using the travel portal – but less so now. 

 

Bottom Line

Longtime Chase Sapphire Reserve cardholders can finally access the new suite of premium perks that were unveiled with the card’s June relaunch – including $500 in annual hotel credits, $300 dining and StubHub credits, and complimentary Apple subscriptions.

While these upgrades help offset the card’s steep new $795 annual fee, they also come with a ticking clock: Most credits reset twice a year, meaning legacy cardholders only have a short window to use their first round before they expire.