Phê Vé
May 8, 2026 • 3 min read
Is it worth it to keep the Chase Sapphire Reserve card with its high annual fee? Explore the benefits and how to maximize the value of this card.
Overview of the Chase Sapphire Reserve Card
The Chase Sapphire Reserve is one of the most popular premium credit cards in the United States. Launched in 2016 and recently revamped in 2025, this card offers a plethora of benefits but comes with a hefty annual fee of $795.
Benefits of the Chase Sapphire Reserve Card
This card is more than just a payment tool; it comes packed with enticing benefits such as:
- 150,000 bonus points after spending $6,000 in the first three months.
- 2.5x points on flights, hotels, and dining, with 8x points when booking through Chase Travel.
- Priority Pass™ Select membership, granting access to numerous airport lounges.
- $300 annual travel credit, effectively cash back.
- Additional credits that can total up to $1,000 with certain spending conditions.
Is the $795 Annual Fee Worth It?
Determining whether this fee is justifiable is challenging, as the card's value largely depends on your spending habits and personal preferences. However, for frequent travelers, the $300 travel credit can significantly offset the annual fee.
Therefore, the actual cost you incur for the card could effectively drop to $495. It’s crucial to evaluate the value of each benefit the card provides.
Comparing the Card's Value
In addition to assessing the card's benefits, consider whether it's worth keeping. For instance, if you frequently book hotels and fly with major airlines, you could easily earn up to 4x points, which can provide substantial value to your account.
While some argue that perks like Priority Pass™ are no longer unique, having access to private lounges at major airports is a significant advantage. For example, if you often travel through Tan Son Nhat Airport, having a comfortable spot in a lounge can greatly enhance your pre-flight experience.
✈️ Tìm chuyến bay giá tốt
Đặt vé ngay với giá ưu đãi từ các hãng hàng không
Best Alternative Options
If you feel that the Chase Sapphire Reserve no longer suits your needs, consider downgrading to the Chase Sapphire Preferred card, which has an annual fee of only $95. The benefit here is that you can still enjoy access to the Ultimate Rewards program—one of the best rewards programs available.
Additionally, you might want to explore the Ink Business Preferred® Credit Card, ideal for those with high spending needs and a love for earning points.
Useful Information for Vietnamese Travelers
If you are a Vietnamese citizen interested in obtaining the Chase Sapphire Reserve, there are a few things to consider. This card is typically issued to U.S. residents, so you will need a U.S. address and might also require reliable financial documentation.
Be aware of currency conversion fees as well. Some banks may charge around 3% for each international transaction. Currently, 1 USD is equivalent to approximately 24,000 VND, meaning the total annual fee will amount to around 19 million VND—a considerable sum.
Regarding visas, you will need a U.S. tourist visa if you plan to open a bank account and apply for the card. The visa fees and processing times should be factored into your travel plans.
In summary, the Chase Sapphire Reserve can be an excellent choice for frequent travelers who know how to leverage its benefits. Conversely, if your spending is lower, there may be other cards that are better suited to your needs.
Article referenced and edited from: One Mile at a Time
Phê Vé
Phê Vé is a leading online flight booking platform in Vietnam, providing accurate and up-to-date travel information. We are committed to delivering wonderful travel experiences with the best prices on the market.