Chase Launches Sapphire Reserve for Business With Record 200K Bonus
Chase Enters the Premium Business Card Arena
Chase has finally brought the Sapphire brand to business owners with the launch of the Sapphire Reserve for Business—and they’re not holding back. The card debuts with a staggering 200,000 Ultimate Rewards point welcome bonus, the highest signup bonus ever offered on any Chase UR-earning card.
For business owners who’ve been waiting for a premium Sapphire option that doesn’t count toward 5/24 and offers business-friendly benefits, the wait is over.
The Record-Breaking Welcome Bonus
Current Offer: 200,000 Ultimate Rewards points after spending $30,000 in the first 6 months
Let’s put this in perspective:
- At 1.5 cents per point (Chase Travel redemption): $3,000 value
- At 2+ cents per point (transfer partners like Hyatt): $4,000+ value
The spending requirement is substantial—$5,000 per month for six months—but for businesses with healthy cash flow, this is achievable through normal operating expenses.
Annual Fee: $795
The Sapphire Reserve for Business matches its personal counterpart with a $795 annual fee. This places it among the most expensive business cards on the market, but the credit package is designed to offset much of that cost.
Earning Structure
The business version offers enhanced earning rates tailored to business spending:
| Category | Points per Dollar |
|---|---|
| Chase Travel Portal | 8x |
| Airlines (direct) | 4x |
| Hotels (direct) | 4x |
| Social Media Advertising | 3x |
| Search Engine Advertising | 3x |
| Everything Else | 1x |
The 8x on Chase Travel portal is exceptional—significantly higher than the personal Reserve’s rates. And the 3x on advertising spend (Google Ads, Facebook Ads, etc.) addresses a major business expense category that most cards ignore.
Benefits and Credits Package
Core Credits
| Benefit | Annual Value |
|---|---|
| Travel Credit | $300 |
| Edit Hotel Credit | $500 |
| Giftcards.com Credit | $100 |
| Total Core Credits | $900 |
Business-Focused Perks
- Google Workspace credits for productivity software
- ZipRecruiter credits for hiring
- DoorDash delivery benefits for team meals
- Lyft credits for business transportation
High-Spender Status Benefits
Cardholders who spend $120,000+ annually unlock:
- IHG Diamond Elite status with complimentary breakfast
- Southwest Airlines A-List status with priority benefits
How It Differs From Personal Sapphire Reserve
Key Advantages
Separate bonus eligibility: The business card has no restrictions tied to personal Sapphire card ownership. You can hold both the personal and business Sapphire Reserve and earn bonuses on each.
No 5/24 impact after approval: Like other Chase business cards, this won’t add to your 5/24 count once you’re approved (though Chase still checks your 5/24 status for approval).
Higher portal earning: 8x on Chase Travel vs. 5x on the personal version.
Business category bonuses: 3x on advertising spend is unique to the business card.
Key Similarities
- Same $795 annual fee
- Same core credit package ($300 travel + $500 Edit hotel)
- Same transfer partner access (United, Hyatt, Southwest, etc.)
- Same Priority Pass lounge access
Employee Cards
Additional employee cards are available at no extra cost—but there’s a catch. Employee cards have limited access to the premium benefits compared to the primary cardholder. Employees can use the cards to earn points on business purchases, but benefit eligibility varies.
Who Should Apply?
Ideal for Businesses That:
- Have $30,000+ in business expenses over 6 months
- Spend significantly on advertising (Google, Facebook, etc.)
- Book frequent travel through portals or directly
- Want to earn a separate bonus from personal Sapphire cards
- Need employee cards for team spending
- Can utilize the hotel and travel credits
Consider Alternatives If:
- Your business spending is under $3,000/month
- You don’t travel frequently for business
- You already have the Ink Business Preferred and want to avoid fee stacking
- Your business doesn’t spend on advertising categories
Strategic Considerations
Pairing With Personal Cards
The Sapphire Reserve for Business can coexist with your personal Sapphire Reserve or Preferred. Points from all UR-earning cards pool together, and you can transfer from any to partners. This creates opportunities:
- Earn 200K business bonus + 125K personal bonus = 325,000 UR points
- Use business card for advertising and portal bookings (8x)
- Use personal for dining (3x) and direct travel (3x)
Business Qualification
Like all Chase business cards, you’ll need legitimate business activity. Sole proprietorships with side income qualify—freelancing, consulting, reselling, rental income. Chase evaluates your personal credit profile rather than requiring extensive business documentation.
Key Takeaways
- 200,000 point welcome bonus is the highest ever for a Chase UR card
- $795 annual fee offset by $900+ in core credits
- 8x on Chase Travel portal—exceptional earning rate
- 3x on advertising (Google, Facebook, search engine ads)
- Separate from personal Sapphire bonus restrictions
- $30,000 spend requirement in 6 months is substantial
- Employee cards available at no additional cost
Frequently Asked Questions
Can I get this bonus if I have the personal Sapphire Reserve?
Yes. The business Sapphire Reserve has separate bonus eligibility from personal Sapphire products. You can hold and earn bonuses on both.
Does this card count toward 5/24?
Chase checks your 5/24 status when you apply, so you need to be under 5/24 to get approved. However, once approved, the card doesn’t add to your 5/24 count.
Is $30,000 in spending required all at once?
No, you have 6 months to reach the $30,000 threshold. That works out to about $5,000 per month in business spending.
Can I transfer points between business and personal UR accounts?
Yes. Points from all your UR-earning cards can be combined and transferred to partner programs. Having both personal and business Sapphire cards gives you maximum flexibility.
What qualifies as “business” for this card?
Sole proprietorships count, including side businesses like freelancing, consulting, reselling, or rental income. You apply using your SSN and personal credit is the primary approval factor.
Disclaimer: Credit card offers and terms change frequently. Verify current welcome bonus, spending requirements, and benefit details on Chase’s website before applying.