Chase Sapphire Reserve for Business statement credits: What they are and how to use them

The Chase Sapphire Reserve for Business℠ (see rates and fees) is Chase’s newest and most premium business card. It offers premium perks like lounge access, statement credits and impressive travel protections for business owners.

The card has a hefty $795 annual fee, but the multitude of statement credits it comes with can help offset this cost. In fact, the statement credits are worth over $1,800 in value annually and, if fully used, cover the annual fee more than twice.

Let’s dive into what you need to know about the statement credits on the Sapphire Reserve for Business.

Overview of Sapphire Reserve for Business credits

Here’s a list of the credits the Chase Sapphire Reserve for Business offers:

The Edit

The Edit by Chase Travel℠ is a luxury hotel booking portal. To trigger this credit, you must book a minimum two-night prepaid stay with a property from The Edit. You’ll receive up to $250 back as a statement credit biannually. When you stay at The Edit properties, you receive perks like:

• A $100 property credit
• Complimentary breakfast
• Early check-in and late checkout (if available)
• Room upgrades (if available)

As an added perk, with The Edit properties, any hotel elite status benefits you have apply, and you’ll earn bonus points and elite night credits. You normally don’t receive elite status benefits when you book through an online travel agency. When searching for a hotel on The Edit, you’ll see the property may say World of Hyatt or Marriott Bonvoy eligible. Just remember to put your hotel loyalty membership number on the booking.

Even if you stay at a luxury hotel once per year, you should have no problem using this credit. Just remember, you must book a minimum two-night prepaid stay through The Edit to receive the credit.

Pro tip: To extend a trip, consider stacking any free night certificates you may have with The Edit credit.

Related: Chase Sapphire Reserve’s The Edit credit: What to know

ZipRecruiter

With the Sapphire Reserve for Business, you’ll receive up to $200 biannually at ZipRecruiter (through Dec. 31, 2027), a platform where businesses can post jobs and hire employees.

Not all businesses may be able to use this credit, but it can be valuable if you’re looking to expand and hire new employees.

Related: Chase Sapphire Reserve statement credits: What they are and how to use them

Travel

The Sapphire Reserve for Business features a $300 annual travel credit. This is the same credit found on its consumer counterpart, the Chase Sapphire Reserve® (see rates and fees).

This credit is not restrictive like the one offered on the Capital One Venture X Business, as it does not have to be redeemed via a travel portal. As such, this is one of the easiest credits to use. It is triggered after you make any purchase that Chase defines as travel, such as parking or tolls.

If you make any travel purchases, you’ll have no issues maximizing this credit. You may even use this credit without realizing it.

Note, however, that you won’t earn any bonus points on purchases covered by the credit.

Related: How to use the Chase Sapphire Reserve $300 annual travel credit to save on travel

Google Workspace

Google Workspace offers a suite of productivity tools for businesses with an artificial intelligence focus at the center. Popular tools in the Workspace suite include Gmail, Google Drive, Google Calendar and Google Meet.

Cardholders will receive up to $200 to cover Google Workspace purchases (through Dec. 31, 2027). Google Workspace plans start at $7 per month.

If you use the premium version of any of Google’s productivity tools, most are included in Workspace, so you should be able to get value from this credit.

Related: How to choose the best credit card for your business expenses

DoorDash

The Sapphire Reserve for Business offers three monthly DoorDash promos. You’ll receive one $5 restaurant promo and two $10 nonrestaurant promos monthly.

This credit should be easy for businesses to use. If you order delivery for your team just once a month, this credit will easily save you some money. Plus, with the two nonrestaurant promos, you can use these to have supplies from office stores delivered.

You’ll also receive a complimentary DoorDash DashPass membership (through December 31, 2027), which gives you $0 delivery fees and reduced service fees on eligible orders.

It’s important to note that your Sapphire Reserve for Business must be used as the payment method to receive these benefits. Additionally, if you don’t use the full credit on a single order, the remaining value is forfeited. (You must activate by Dec. 31, 2027, to receive both benefits.)

Pro tip: If you’re close to the restaurant or store you’re ordering from, opt for pickup instead of delivery to save money on fees.

Related: Chase extends its DoorDash partnership for 3 more years — here’s what that means for you

Global Entry, TSA PreCheck or Nexus credit

While a common perk offered by many travel rewards cards, the Sapphire Reserve for Business offers cardholders an up to $120 application fee credit every four years for either Global Entry, TSA PreCheck or Nexus. These programs offer expedited airport security and entry into the U.S. or Canada.

Pro tip: Opt for Global Entry, as it includes TSA PreCheck. Additionally, if you already have Global Entry or TSA PreCheck, you can use this application fee credit on one of your employees, friends or family members; just pay for the application with your card.

Related: Global Entry vs. TSA PreCheck: Which is more beneficial?

Lyft

Cardholders receive $10 in monthly Lyft ride credits, which are added to their Lyft account on the first of each month (through Sept. 30, 2027).

This is a use-it-or-lose-it credit, and any unused portion will not roll over. This credit should be fairly easy for most to use. If you order just one ride via a ride-hailing service a month, you’ll likely be able to use this entire credit.

Plus, you’ll earn 5 points per dollar spent on Lyft rides (through Sept. 30, 2027) with your card.

Pro tip: Link your Lyft account with a loyalty rewards partner like Atmos Rewards (the new program for Alaska Airlines and Hawaiian Airlines), Bilt Rewards or Hilton Honors. This way, you can double-dip by earning Chase points and points from another loyalty program.

Related: A guide to Lyft benefits as a Chase Sapphire Reserve cardholder

Gift cards

Cardholders receive an up to $50 biannual Giftcards.com statement credit (through Oct. 31, 2028). To use the credit, go to this site, select a gift card and pay with your Sapphire Reserve for Business. Some popular merchants include Chipotle, DoorDash, Lululemon, Nordstrom, Panera and Ulta Beauty.

This credit is very straightforward, and most should have no trouble using it. You could use it to show employee appreciation or treat your team to lunch.

Pro tip: Activate Rakuten before purchasing your gift card so you can earn additional cash back.

Related: What credit cards should you use to purchase gift cards?

Earned credits

The Sapphire Reserve for Business also allows cardholders to earn additional statement credits after spending $120,000 or more in a calendar year. After you meet this spending threshold, you’ll earn a $500 Shops at Chase credit and a $500 Southwest Airlines credit.

These credits don’t represent great returns on your spending, and I wouldn’t go out of my way to try to earn them. However, if you can meet this spending requirement organically, they are a nice bonus.

Bottom line

The Sapphire Reserve for Business provides statement credits worth over $1,800 annually. Even if you only use a fraction of these credits, you could still recoup your annual fee. Plus, the card has premium perks like lounge access and travel protections, making it an excellent option to consider adding to your wallet.

To learn more, read our full review of the Chase Sapphire Reserve for Business.

Apply here: Chase Sapphire Reserve for Business