Analyzing the Value of the Chase Sapphire Reserve Card Despite Its $795 Annual Fee

Mon, 04 May 2026 17:27:00 +0200

Alberto Riva, a senior editor at CNN Underscored, explains why he continues to use the Chase Sapphire Reserve® credit card despite its recent annual fee increase from $550 to $795. Riva values the card primarily for its strong travel and dining rewards, as well as its extensive travel insurance coverage. He calculates that after factoring in the card's various credits—including $300 annual travel credit, $120 Lyft credit, $300 restaurant credit, and $60 DoorDash credit—the effective annual fee for him is just $15. Additional perks like airport lounge access through Priority Pass and Chase Sapphire Lounges add further value, enhancing his travel experience. While other credits, such as luxury hotel credits, concert or streaming service credits, exist, Riva does not personally utilize them but acknowledges they may be valuable to others. He also reviews alternative cards, like the American Express Platinum, Capital One Venture X, and Chase Sapphire Preferred, noting that while they have