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Chase Sapphire Reserve: terms, score and downsides

Not credit advice. Facts and math from issuer pages and the CFPB, each with its date. Offers change; approval depends on your credit. Verify on the issuer's site.

Rubric score 63.9% across 78 cards. Issuer page ↗

Downsides first

• $795 annual fee
• APR up to 28.24% if you carry a balance
• Penalty APR up to 29.99%
• Late fee up to $40
• 4x only on flights/hotels booked direct; 8x Chase Travel portal not modeled.

Terms & fees

• IssuerChase
• Typetravel
• Annual fee$795 creditcards.chase.com, 2026-10-11
• Regular purchase APR19.74%–28.24% variable creditcards.chase.com, 2026-10-11
• Rewards8x Chase Travel; 4x flights & hotels booked direct; 3x dining; 1x other creditcards.chase.com, 2026-10-11
• Sign-up bonus (≈$)$1,000 100,000 points after $6,000 in 3 months creditcards.chase.com, 2026-10-11
• Intro APRnone No intro APR offer shown creditcards.chase.com, 2026-10-11
• Foreign transaction feenone Pricing & terms: Foreign Transactions None sites.chase.com, 2026-10-11
• Penalty APRup to 29.99% Chase's CFPB-filed agreements list a penalty APR of 'up to 29.99%'; agreements are not labeled by product, so this is issuer-level consumerfinance.gov, 2026-06-30
• Late feeup to $40 up to (first and repeat late fee) files.consumerfinance.gov, 2025-12-31
• Balance transfer fee5% files.consumerfinance.gov, 2025-12-31
• Cash advance fee5% files.consumerfinance.gov, 2025-12-31
• Credit needed720+ (CFPB TCCP targeted tiers) files.consumerfinance.gov, 2025-12-31
• Grace period21 days files.consumerfinance.gov, 2025-12-31
• Cash advance APR28.49% files.consumerfinance.gov, 2025-12-31
• CFPB survey APR (2025-12-31)19.49%–27.99% files.consumerfinance.gov, 2025-12-31 older; issuer figure above is newer

Complaint record (CFPB)

• Complaints, last 12 months26,196
• Trend▲ 14.2% (last 12 mo 26,196 vs prior 12 mo 22,932)
• Timely response (last 36 mo)100.0%
• Per $1B deposits (12 mo)9.29
• Top issueManaging an account
• Insurance statusFDIC-insured: JPMorgan Chase Bank, National Association (cert 628, active; deposits $2,820.3B as of 06/30/2026)

Company-level (JPMORGAN CHASE & CO.), all products, as of 2026-10-12. Chase (JPMorgan Chase) complaints: full record → Shown for context; does not change the score.

Score breakdown

• Annual fee 1.0/10Annual fee $795 (as of 2026-10-11). Rubric: $0=10, ≤$95=8, ≤$395=5, ≤$695=3, more=1 (perks/credits are not counted).
• Rewards rate 6.5/10Base 1% on everything, top category 8% (as of 2026-10-11; points/miles valued at 1¢). Score = base/2%×7 + min(top,6)/6%×3. 8x Chase Travel; 4x flights & hotels booked direct; 3x dining; 1x other
• Sign-up bonus 10/10Bonus ≈ $1000: 100,000 points after $6,000 in 3 months (as of 2026-10-11). Score = value/$75, max 10.
• Intro 0% APR 0.0/10No intro APR offer shown (as of 2026-10-11). Score = months/21×10.
• Regular APR 7.2/1019.74%–28.24% variable (as of 2026-10-11); midpoint 23.99%. Score = (34 − midpoint)/1.4, 0–10.
• Foreign transaction fee 10.0/10No foreign transaction fee (as of 2026-10-11).
• Regulatory record (CFPB) 10.0/10Issuer Chase: Base 10, no actions in last 5 yrs found. Note: No CFPB enforcement action against JPMorgan Chase found in the last 5 years (CFPB enforcement database lists a 2017 action)

0.143×1.0 + 0.143×6.5 + 0.143×10 + 0.143×0.0 + 0.143×7.2 + 0.143×10.0 + 0.143×10.0 = 6.39 → 63.9%

Is Chase Sapphire Reserve worth it? (break-even math) →Value for my spending →

Compare with

Chase Sapphire Reserve vs Chase Sapphire Preferred · Chase Sapphire Reserve vs Citi Strata Premier · Chase Sapphire Reserve vs Capital One Venture · Chase Sapphire Reserve vs Capital One Venture X · Chase Sapphire Reserve vs Amex Gold · Chase Sapphire Reserve vs Amex Platinum

No paid placement. No issuer pays VaultRubric for inclusion or rank; links go to the issuer's own page. Ranks come only from the published rubric below.

FAQ

What is the Chase Sapphire Reserve annual fee?

$795

What is the Chase Sapphire Reserve APR?

19.74%–28.24% variable

Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.