Chase Sapphire Reserve for Business: Chase debuts new premium card

Rumors have been circulating, and now we have confirmation.

Chase has finally provided a competitor to business credit card heavyweights like the Capital One Venture X Business and The Business Platinum Card® from American Express. The all-new Chase Sapphire Reserve for Business℠, which will launch June 23, 2025, seeks to redefine the business credit card scene by providing a solid return on travel-related spending and a plethora of travel-focused perks.

The card’s release coincides with the heavily speculated refresh of the Chase Sapphire Reserve® to capitalize on the summer season.

Let’s look closer at the card’s offerings and how Chase is changing the business card landscape.

At a glance

The Chase Sapphire Reserve for Business comes with an annual fee of $795, $100 higher than the Amex Business Platinum‘s $695 annual fee (see rates and fees).

Similar to other business credit cards, the Sapphire Reserve for Business provides employee cards at no additional cost. The card’s pinstripe pattern is captivating, and, according to Chase, the new metal card weighs a whopping 19.6 grams.

Regarding credit limits, the Sapphire Reserve for Business features two options:

• Cardholders can access a high spending pay-in-full limit.
• Cardholders can use Flex for Business, a credit line that allows payments over time with interest.

The Flex for Business credit line option is a fantastic development because business owners may need to occasionally carry a balance, giving them the flexibility to do so without compromising cash flow.

Earning rates

This is where the Sapphire Reserve for Business sets itself apart and takes the lead over its competitors. Cardholders earn Ultimate Rewards points at the following rates:

• 8 points per dollar spent on Chase Travel℠ purchases
• 5 points per dollar spent on eligible Lyft rides (through Sept. 30, 2027)
• 4 points per dollar spent on flights and hotels booked directly
• 3 points per dollar spent on advertising purchases — with no cap — made via social media sites and search engines
• 1 point per dollar spent on all other purchases

This development solidifies the Sapphire Reserve for Business as a true travel rewards card for business owners.

Despite lacking a bonus category in other key business expenditure areas, such as shipping, construction supplies, software or cloud storage services, the high earnings on travel and solid earnings on advertising are more than enough to compensate for it.

That’s because there is no spending cap on advertising spend, whereas other issuers and even the Ink Business Preferred® Credit Card (see rates and fees) have a $150,000 spend limit per calendar year. For certain business owners, this is an exciting benefit of the Sapphire Reserve for Business card — and perhaps a top reason to apply for the card.

These rates beat the Venture X Business and Amex Business Platinum, making the card a potential workhorse for many small businesses.

Business travel benefits

Focusing on premium travel, the Sapphire Reserve for Business comes with an annual $500 credit for The Edit by Chase Travel.

Cardholders receive a $250 credit from January to June and another $250 credit from July to December each calendar year. To receive the credit, you must book a two-night minimum prepaid stay.

The fan-favorite $300 travel credit found on the personal Sapphire Reserve is also a perk of the Sapphire Reserve for Business and helps offset the cost of the eye-watering $795 annual fee.

Other travel perks include:

• Up to $120 Global Entry, TSA PreCheck or Nexus credit every four years
• Complimentary IHG One Rewards Platinum Elite Status through Dec. 31, 2027 (cardholders can earn IHG One Rewards Diamond Elite Status after $120,000 spend in a calendar year)
• Complimentary access to the Chase Sapphire Lounge by the Club and Priority Pass lounges for the primary cardholder and up to two guests per visit
• After spending $120,000 in a calendar year, you can unlock Southwest Rapid Rewards A-List status, plus a $500 Southwest Airlines credit when booking through Chase Travel

Chase has also added a new points redemption accelerator called Points Boost. This is a new way for cardholders to redeem up to 2 points per dollar spent with select airlines and top-booked hotels through Chase Travel. The card will also allow 1:1 transfers to participating airline and hotel loyalty programs, giving you the potential for even more value for your points.

Business-related benefits

After carefully considering the value you’ll get from the travel-related statement credits, the Sapphire Reserve for Business can be even more lucrative with another $700 in statement credits that help offset business expenses. These include:

• Up to $400 ZipRecruiter credit: Receive a statement credit for purchases made directly with ZipRecruiter, split into biannual credits of up to $200 from January to June and up to $200 from July to December.
• Up to $200 Google Workspace credit: Receive a statement credit for purchases made directly with Google Workspace for AI tools for business.
• Up to $100 Giftcards.com credit: Earn up to $100 in statement credits (up to $50 from January through June and $50 from July through December) on gift card purchases made through giftcards.com/reservebusiness.

Other perks

Businesses have various expenses, and the Sapphire Reserve for Business offers some additional perks that lessen the impact of its annual fee.

For starters, cardholders receive up to $300 annually in DoorDash benefits, including a 12-month DashPass membership (which must be activated by Dec. 31, 2027).

Once enrolled in DashPass, cardholders will receive up to $25 a month: a $5 restaurant promo and two $10 promos toward grocery, beauty, electronics and other purchases. The promos are applied at the time of checkout and unfortunately do not carry over month to month if unused.

As a business owner, if ride-hailing services are part of your monthly expenditure, then you can take advantage of up to $10 monthly (up to $120 annually) Lyft in-app credits through Sept. 30, 2027.

Once Sapphire Reserve for Business cardholders spend $120,000 in a calendar year, they also receive a $500 credit to use at the new The Shops at Chase, a marketplace which includes brands like Tumi, Baccarat, Breitling and Dyson.

Best of all, as a Chase Visa Infinite card, business owners can rest assured that their travels are covered by some of the greatest travel protections in the industry, along with purchase protection.

Related: Your complete guide to Chase and DoorDash

Bottom line

Chase has turned up the heat for summer 2025 with the release of the Chase Sapphire Reserve for Business. Despite the card’s $795 annual fee, it features the $300 flexible travel credit we love on the consumer Sapphire Reserve and earns great rates on travel, beating its competitors outright.

Although there is an industry trend of adding lifestyle perks and statement credits to offset high annual fees, Chase has done a great job balancing the Sapphire Reserve for Business with easy-to-use benefits.

As a cardholder of the Chase Sapphire Reserve since its debut, I think Chase got it right with the Sapphire Reserve for Business and has given the other issuers a run for their money. Although this card may not be for everyone, especially considering its heavy emphasis on travel, it could be a great fit for business owners who are also points and miles enthusiasts.

The card (and hopefully a solid welcome bonus) will officially launch on June 23, 2025, so stay tuned for more details.

Related: Best Business credit cards

For rates and fees of the Amex Business Platinum, click here.