The Pros and Cons of the Chase Sapphire Reserve Credit Card
The Chase Sapphire Reserve is a great credit card for people who travel often. It has a $450 annual fee, but it comes with a $300 travel credit that can be used on any travel expenses. It also has a great rewards program that gives you 3 points per dollar spent on travel and dining, and 1 point per dollar spent on everything else. The APR % is 17.49%.
There are some drawbacks to the card, though. The biggest one is the annual fee. $450 is a lot of money to spend on a credit card, even if you do get a $300 travel credit. And if you don’t travel often, then the rewards program isn’t going to be worth it. Another drawback is the APR %. 17.49% is on the high side for a credit card, so if you carry a balance you’re going to end up paying a lot in interest.
The Pros of the Chase Sapphire Reserve Credit Card
-The $450 annual fee comes with a $300 travel credit that can be used on any travel expenses
-Great rewards program that gives you 3 points per dollar spent on travel and dining, and 1 point per dollar spent on everything else
-No foreign transaction fees
The Cons of the Chase Sapphire Reserve Credit Card
-The annual fee is high at $450
-The APR % is high at 17.49%
-The rewards program is only worth it if you travel often
Conclusion
The Chase Sapphire Reserve is a great credit card for people who travel often. It has a $450 annual fee, but it comes with a $300 travel credit that can be used on any travel expenses. It also has a great rewards program that gives you 3 points per dollar spent on travel and dining, and 1 point per dollar spent on everything else. The APR % is 17.49%. There are some drawbacks to the card, though. The biggest one is the annual fee. $450 is a lot of money to spend on a credit card, even if you do get a $300 travel credit. And if you don’t travel often, then the rewards program isn’t going to be worth it. Another drawback is the APR %. 17.49% is on the high side for a credit card, so if you carry a balance you’re going to end up paying a lot in interest. Overall, the Chase Sapphire Reserve is a great credit card for people who travel often and don’t mind paying an annual fee.
