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The Chase Sapphire Reserve® comes with an annual up to $300 dining credit split into two $150 semi annual credits at Sapphire Reserve Exclusive restaurants. These are typically high end restaurants where it’d be pretty easy to blow through the whole $150 semi annual dining credit in a single visit. A few things that are anecdotally coming in for data points
Officially this is how the credit works
When you dine at one of the restaurants listed here, use your Sapphire Reserve to pay, the credit will show up as a statement credit after the charge has hit. Most people seem to be seeing this within a few days. The credits can be across multiple restaurants adding up to the $150 semi annual credit.
- Must be a Sapphire Exclusive Restaurant
- Must use your CSR to pay
- No need to enroll
- You don’t need to book ahead of time, use OpenTable, etc.
Unofficially this is what has been working
- Take Out orders that are paid on property
- Gift Cards purchased on property
- Gift Card purchased online as long as Toast is processing the credit
If you have more data points – leave them in the comment section
The ability to buy gift cards makes the credit a lot easier, potentially saving them up for a large group dinner, or even selling them if they’d go unused. For parents with small children that would like to be able to take food home, the take out feature is great as well. Initially I thought it would only work on sit down, opentable booked, charges, but as the credit unfolds it’s options are expanding.
The only annoying part is for cardholders that don’t live in big cities with qualifying restaurants.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Points Boost
- each account anniversary you’ll earn bonus points equal to 10% of your total purchases made the previous year
- Points are transferrable to 14 Ultimate Rewards partners
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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