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card_name is a personal credit card ideal for business owners who travel frequently and need complimentary access to more than 1,300 airport lounges in 500 cities worldwide. It offers premium rewards on flights, hotel bookings, and car rentals. However, it comes with a high annual fee of $550 and an additional charge of $75 for each authorized user.
card_name
BEST FOR:
Those who want to receive exceptional travel rewards and benefits
- 60,000 bonus points (worth $900 in travel) after spending $4,000 on purchases in the first three months after opening an account
- 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually
- 10x total points on Chase dining booked through Chase Ultimate Rewards®—these include prepaid restaurant reservations, ordering takeout, or joining virtual cooking events
- 5x total points on flights when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually
- 3x points on other travel worldwide after the first $300 is spent on travel purchases annually
- 3x points on dining and restaurants (including eligible delivery services, takeout, and dining out)
Pros
- With $300 annual travel credit
- Lucrative rewards at 50% more when redeemed through the Chase Ultimate Rewards®
- With complimentary airport lounge access
Cons
- Charges a high annual fee
- Does not offer a 0% introductory period on purchases and balance transfers
- Requires excellent credit
- Luxury Hotel & Resort Collection™: You can secure the Luxury Hotel & Resort Collection™ and upgrade your hotel accommodations with room upgrades, complimentary daily breakfast, late checkout, and a special benefit of up to $100.
- Travel accident insurance: You are eligible to receive accidental death or dismemberment coverage of up to $1,000,000 when you pay for your air, bus, train, or cruise transportation with your card.
- Purchase protection: You can get protection for purchases made using your card against damage or theft within 120 days from the date of purchase. You’re allowed a maximum of $10,000 coverage per claim and $50,000 annually.
- Return protection: You can receive coverage if the eligible item bought with your card isn’t taken back by the store. You can be reimbursed for eligible items within 90 days of purchase, up to $500 per item and $1,000 per year.
- 60,000 bonus points (worth $900 in travel) after spending $4,000 on purchases in the first three months after opening an account
- 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually
- 10x total points on Chase dining booked through Chase Ultimate Rewards®—these include prepaid restaurant reservations, ordering takeout, or joining virtual cooking events
- 5x total points on flights when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually
- 3x points on other travel worldwide after the first $300 is spent on travel purchases annually
- 3x points on dining and restaurants (including eligible delivery services, takeout, and dining out)
Pros
- With $300 annual travel credit
- Lucrative rewards at 50% more when redeemed through the Chase Ultimate Rewards®
- With complimentary airport lounge access
Cons
- Charges a high annual fee
- Does not offer a 0% introductory period on purchases and balance transfers
- Requires excellent credit
- Luxury Hotel & Resort Collection™: You can secure the Luxury Hotel & Resort Collection™ and upgrade your hotel accommodations with room upgrades, complimentary daily breakfast, late checkout, and a special benefit of up to $100.
- Travel accident insurance: You are eligible to receive accidental death or dismemberment coverage of up to $1,000,000 when you pay for your air, bus, train, or cruise transportation with your card.
- Purchase protection: You can get protection for purchases made using your card against damage or theft within 120 days from the date of purchase. You’re allowed a maximum of $10,000 coverage per claim and $50,000 annually.
- Return protection: You can receive coverage if the eligible item bought with your card isn’t taken back by the store. You can be reimbursed for eligible items within 90 days of purchase, up to $500 per item and $1,000 per year.
When evaluating personal credit cards for business, like card_name, we first considered the introductory and ongoing annual percentage rates (APR). After which, we check if the card offers unique features, charges annual fees, and has introductory and ongoing rewards.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Introductory APR | 0 | 20 |
Ongoing APR | 15 | 20 |
Features | 15 | 15 |
Annual Fee | 5 | 15 |
Ongoing Rewards | 15 | 15 |
Introductory Rewards | 15 | 15 |
Total Score | 65 | 100 |
Who the card_name Is Best For
- Those who travel frequently: It provides premium rewards for flights, hotel stays, dining, and car rentals booked through Chase Ultimate Rewards®.
- Those who need access to airport lounges: It offers Priority Pass Select Membership, which, after registering, gives you complimentary access to more than 1,300 airport lounges worldwide.
See our recommended alternatives below if this card isn’t the best fit for your business.
card_name Rewards
Welcome Offer
- bonus_miles_full
Points Rewards
- $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year
- 10x total points on hotels (excluding The Luxury Hotel & Resort Collection) and car rentals when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually
- 10x total points on Chase dining booked through Chase Ultimate Rewards®—these include prepaid restaurant reservations, ordering takeout, or joining virtual cooking events
- 5x total points on flights when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually
- 3x points on other travel worldwide after the first $300 is spent on travel purchases annually
- 3x points on dining and restaurants (including eligible delivery services, takeout, and dining out)
card_name Calculator
Determine how much you can earn from the card_name based on your estimated monthly expenses. Our rewards calculator will compute your potential rewards—just enter your expected monthly spending, and our calculator will do the rest.
Note that when calculating the value of your earned points rewards, the $300 annual credit shall be added to your potential annual rewards value for this credit card. Also, each point is valued at 0.015 cents.
How To Redeem card_name Rewards
You can redeem your points as a statement credit, gift card, or for travel. Your points are worth 50% more when you redeem them for travel through Chase Ultimate Rewards®. For example, 50,000 points for travel are worth $750 when redeemed through Chase Ultimate Rewards®.
card_name Features
Travel Protection & Insurance
- Auto rental collision damage waiver: You can decline the rental company’s collision insurance after using it to rent a car in the United States or abroad. Coverage is primary and provides reimbursement of up to $75,000 for theft and collision damage for rentals.
- Trip cancellation and interruption insurance: You’ll be covered by cancelation and interruption insurance and can be reimbursed up to $10,000 per person and $20,000 per trip if your trip is canceled or cut short due to sickness, severe weather conditions, and other covered situations. Note that only prepaid, nonrefundable travel expenses are eligible for reimbursement, including passenger fares, tours, and hotel stays.
- Trip delay reimbursement: You and your family member on the same reservation are covered for unreimbursed expenses, such as meals and lodging, up to $500 per ticket if your common carrier travel is delayed more than six hours or requires an overnight stay.
- Travel accident insurance: You are eligible to receive accidental death or dismemberment coverage of up to $1,000,000 when you pay for your air, bus, train, or cruise transportation with your card.
- Travel and emergency assistance services: You can call the Benefit Administrator for any legal and medical referrals, or travel emergency assistance if you run into a problem while traveling.
- Lost luggage reimbursement: You can be reimbursed up to $3,000 per passenger if you or an immediate family member’s check or carry-on luggage is damaged or lost by the carrier.
- Emergency evacuation and transportation: You can be covered for medical services and transportation for up to $100,000 if you or an immediate family member are injured or become sick during a trip and require an emergency evacuation.
- Roadside assistance: You can call for a tow, jump-start, tire change, locksmith, or gas in the event you have a roadside emergency. Note that you are covered for up to $50 per incident, four times a year.
- Emergency medical and dental benefit: You can be reimbursed up to $2,500 for medical expenses if you or your immediate family members become sick or injured while away from home on a trip.
Purchase & Return Protection
- Purchase protection: You can get protection for purchases made using your card against damage or theft within 120 days from the date of purchase. You’re allowed a maximum of $10,000 coverage per claim and $50,000 annually.
- Return protection: You can receive coverage if the eligible item bought with your card isn’t taken back by the store. You can be reimbursed for eligible items within 90 days of purchase, up to $500 per item and $1,000 per year.
- Extended warranty protection: You are ensured that the period of any US manufacturer’s warranty is extended by an additional year for those with warranties of three years or less.
- Zero liability protection: You are safeguarded against potential fraudulent charges made with your card as Chase provides 24/7 fraud monitoring and protection against unusual purchases
Purchase Incentive
- My Chase Plan: You are able to pay off eligible purchases of $100 or more over time in equal payments without incurring interest. Note that a fixed monthly fee will be included when you decide to put your purchases under My Chase Plan.
Partner benefits
- Lyft Pink membership: You can receive two complimentary years of Lyft Pink All Access (valued at $199 per year) when activated by Dec. 31, 2024. This membership includes 10% off Lux rides, free Priority Pickup upgrade discounts on bikeshare, and more. You can also earn 10x total points on Lyft rides until March 2025.
- DoorDash DashPass subscription: You can get complimentary access to DashPass (valued at $120 per year)—a membership for both DoorDash and Caviar—which unlocks $0 delivery fees and lower service fees on eligible orders when activating this by December 31, 2024.
- Monthly DoorDash credit: Secure $5 in DoorDash credits every month until Dec. 31, 2024. Note that this is redeemed at checkout.
- Instacart+ membership: You can get a complimentary year of Instacart+ (valued at $99 per year)
- Monthly Instacart credit: Instacart+ members can earn up to $15 in statement credits each month until July 2024.
- Priority Pass Select Membership: You can receive a complimentary Priority Pass Select Membership (valued at $469 per year) and get access to more than 1,300 VIP airport lounges worldwide.
- Luxury Hotel & Resort CollectionTM: You can secure the Luxury Hotel & Resort CollectionTM and upgrade your hotel accommodations with room upgrades, complimentary daily breakfast, late checkout, and a special benefit of up to $100.
- Peloton purchases: You can earn 10x on at least $150 worth of Peloton equipment and accessory purchases until March 31, 2025.
card_name Fees
APR
- Introductory: intro_apr_rate,intro_apr_duration
- Ongoing, balance transfer, and My Chase LoanSM: reg_apr,reg_apr_type
- Cash advance: cash_advance_apr
- Penalty: Up to 29.99% variable. This will be applied to your account indefinitely if you:
- Failed to make a minimum payment
- Made a returned unpaid payment
Fees
- Annual: annual_fees
- My Chase LoanSM: 1.72% per month of the amount of each eligible purchase transaction or amount selected to create a My Chase Plan. Note that the fee will be determined at the time each My Chase Plan is created and will remain the same until it’s paid in full.
- Balance transfer: balance_transfer_fees
- Cash advance: cash_advance_fee
- Foreign transaction: foreign_transaction_fee
- Late and returned payment: late_payment_fee
- Return check: None
Your due date is at least 21 days after the close of each billing cycle.
- Online or Chase Mobile® App: Go to chase.com/paycard to sign in and make a payment online. You can also enroll in automatic payments through the website or mobile app. When you enroll, specify the deposit account from which your payment will be deducted and how much you’d like to pay, such as the full statement balance, minimum payment due, or any fixed amount.
- Phone: Call the automated phone service at (800) 436-7958.
- Western Union: Use the Code City WALNUT when you pay via Western Union. Note that it may take up to seven days for the payment to be reflected in your account.
- In-person: Find a Chase ATM or branch near you.
- Mail or money order: Include your name and full account number on your check or money order—and don’t send cash. Mail your payment to the following address:
Cardmember Services
PO Box 6294
Carol Stream, IL 60197-6294
Alternatively, you can send your payment via overnight mail to the following address:
Chase Card Services
201 N. Walnut St.
Del-0153
Wilmington, DE 19801
card_name Alternatives
card_name
card_name
BEST FOR:
Maximizing travel rewards at a lower annual fee
- Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Member FDIC
Pros
- Reward points are worth 25% more when you redeem for travel through the Chase Ultimate Rewards® card
- Comprehensive travel and purchase protection
- $0 foreign transaction fees
Cons
- No interest-free financing option on both purchases and balance transfers
- With annual fee
- Need to make extremely large purchases to qualify for the welcome offer
- Cellphone protection: Get up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees listed on your monthly cellphone bill
- Purchase protection: Can cover your new purchases for 120 days against damage or theft of up to $10,000 per claim and $50,000 per account
- Extended warranty protection: You can extend the period of the United States manufacturer’s warranty by an additional year, on eligible warranties of three years or less.
- Fraud monitoring: Chase will help keep your accounts safe with account alerts―and you can choose how you’d like to receive them
- Free employee cards: You can create employee cards at no additional cost, and lets you set individual spending limits―helping you earn rewards even faster
- Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Member FDIC
Pros
- Reward points are worth 25% more when you redeem for travel through the Chase Ultimate Rewards® card
- Comprehensive travel and purchase protection
- $0 foreign transaction fees
Cons
- No interest-free financing option on both purchases and balance transfers
- With annual fee
- Need to make extremely large purchases to qualify for the welcome offer
- Cellphone protection: Get up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees listed on your monthly cellphone bill
- Purchase protection: Can cover your new purchases for 120 days against damage or theft of up to $10,000 per claim and $50,000 per account
- Extended warranty protection: You can extend the period of the United States manufacturer’s warranty by an additional year, on eligible warranties of three years or less.
- Fraud monitoring: Chase will help keep your accounts safe with account alerts―and you can choose how you’d like to receive them
- Free employee cards: You can create employee cards at no additional cost, and lets you set individual spending limits―helping you earn rewards even faster
When To Consider the card_name
- You are looking for an alternative Chase credit card: This card requires at least personal good credit standing to qualify.
- You want a travel rewards card with a lower annual fee: This card charges a low annual fee of $95.
Other Benefits
- bonus_miles_full
- Earn up to 3x points on selected spending categories
- Do point transfer at full 1:1 value at participating airline and hotel travel partners
Its high introductory bonus, easy approval process, and high credit limit are why it is our leading business credit card for travel and is in our roundup of the best credit cards for new businesses with no credit history. See our guide to the best Chase business credit cards for more options.
Bank of America® Business Advantage Travel Rewards World Mastercard®
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
BEST FOR:
Earning top rewards on travel purchases booked through Bank of America Travel Center
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual and foreign transaction fees
- Offers fixed-rate cash back rewards
- Has no blackout dates
Cons
- Does not offer a 0% introductory period on balance transfers
- Requires excellent credit to qualify
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual and foreign transaction fees
- Offers fixed-rate cash back rewards
- Has no blackout dates
Cons
- Does not offer a 0% introductory period on balance transfers
- Requires excellent credit to qualify
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
When To Consider the Bank of America® Business Advantage Travel Rewards World Mastercard®
- You have an active Bank of America business checking account: This card lets you earn up to 75% more points for every purchase through the Preferred Rewards for Business Platinum Honors tier if you have an active Bank of America business checking account.
- You want to earn fixed-rate points rewards: This card lets you earn unlimited 1.5x points for all purchases, regardless of spending categories.
Other Benefits
- Get 30,000 online bonus points after spending at least $3,000 on purchases within the first 90 days from the date of account opening
- Have a 0% introductory period on purchases for the first 9 billing cycles
- See your Dun & Bradstreet business credit scores for free through the Business Advantage 360, Bank of America’s small business online banking portal
This card is in our lists of the best credit cards for real estate agents and best business credit cards for travel. Check our roundup of the best Bank of America business credit cards if you want other choices.
U.S. Bank Business Altitude Connect™ World Elite Mastercard®
U.S. Bank Business Altitude™ Connect World Elite Mastercard®
Pros
Cons
Pros
Cons
When To Consider the U.S. Bank Business Altitude Connect™ World Elite Mastercard®
- You frequently have significant fuel expenses: This card offers premium points rewards on gas and EV charging stations.
- You need the annual fee waived free for the first year: While this card charges an annual fee of $95, this is waived for your first year of using the card.
Other Benefits
- Earn 60,000 bonus points after spending at least $6,000 on purchases within the first 180 days of account opening
- Receive Priority PassTM Digital annual membership—-which gives you access to more than 1,300 VIP lounges worldwide and four complimentary visits per membership year
- Earn up to 5x points on selected spending categories
- Divide eligible purchases into equal monthly installments through the U.S. Bank ExtendPay® Plan
This business credit card is one of our best small business credit cards and one of our recommended fuel cards for small businesses. You can refer to our list of the best U.S. Bank business credit cards if you are looking for an alternative card from the same issuing bank.
Frequently Asked Questions (FAQs)
Both the Chase Sapphire Preferred® and Chase Sapphire Reserve® are great options for business owners wanting a personal credit card with great travel perks and rewards. However, what makes it different are the premium travel benefits, the value of the introductory bonus when redeemed through Chase Ultimate Rewards®, and its ongoing rewards program.
Chase Sapphire Preferred® | Chase Sapphire Reserve® | |
|---|---|---|
Welcome Offer | 60,000 bonus points after spending $4,000 on purchases within the first 3 months from the date of account opening (valued at $750 when redeemed through Chase Ultimate Rewards®) | 60,000 bonus points after spending $4,000 on purchases within the first 3 months from the date of account opening (valued at $900 when redeemed through Chase Ultimate Rewards®) |
Ongoing Rewards | Up to 5x points | Up to 10x points |
Premium Travel Benefits |
|
|
To qualify for the Chase Sapphire Reserve®, you must:
- Be earning at least $75,000 as a single individual or $150,000 combined annual income with your spouse.
- Have excellent credit standing at the time of the application.
- Be a US citizen or a permanent alien with a valid US address.
- Not be an authorized user of any other Chase Sapphire card account.
- Not have opened or closed any other Chase Sapphire card within the last 30 days.
- Not have received a sign-up bonus on any other Chase Sapphire card within the last 48 months.
Bottom Line
Chase Sapphire Reserve® is a great personal credit card if you travel frequently and want access to airport lounges. It has a generous welcome offer and lucrative rewards for using the card for travel and business purchases. While it charges a high annual fee of $550, it does not charge foreign transaction fees. Note, however, that you must have excellent credit to qualify for the card.
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