Any thoughts on Chase Sapphire Reserve? Is it truly worth the $125 annual fee (after travel credits)?

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It's absolutely worth it.

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Yes it's definitely worth it if you spend a lot on food and travel which are 90% of my charges.

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Lesson #1 never sign up for a card unless they're offering an enhanced bonus and always research how high the sign up bonus can go.

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Yes I love it

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Break even is 500 a month on dining out and travel. If you put business expenses on it you can hit that. Otherwise, I don’t think many of us are dropping that much $ (this assumes a value of 1.5 cents per UR point and opportunity cost of 2% cash back with something like Citi Double Cash card with no annual fee: $150/(0.045 - 0.02) = $6,000 annual break even).

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I have a different card, the Chase Marriott card, which has an annual fee of 85. One of the cards perks is a free night hotel once per year, which more than makes up for the annual fee. Without knowing what the membership fees gets you, it's probably worth it

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Yes so many reasons why it's worth it. $300 travel credit is enough for me to get it

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Yeah it's pretty good. I like it. I got it while the bonus was 100k and it was even more worth it.

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Do the math vs. other cards. I found it wasn't worth it based on my level of spending. 3x is great, but I get 1.5x on another card and the math doesn't work. I'd need to spend another $10k/yr.

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If you travel and fly a lot then def worth it

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$300 travel credit wipes out the annual fee to $150. Part of the card perks is that you also get global entry application fee waived ($100 value). Toss in the mileage bonus you get at sign up and you're looking at a card that pays for itself.

As for my personal travel expenditures, I've booked 3 vacations this year (2 domestic, 1 international). I'm going to New Zealand for 15 days and will be using my CSR for every purchase along the way. In total, combined with my daily commute charges for the train to work, I should rack up enough reward points to justify the annual fee without even trying.

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It's worth it because of the definition of travel and dining that you get 3x the points for are pretty broad.

Got it when there was a 100k points bonus which, translated to dollars, is worth $1,000 (making the card essentially free for the next 8 years).

Not sure what the bonus is now, but it's likely still worth it.

I love mine

Grocery counts towards food right?

@PwC 3 no grocery doesn’t count for dining category.

Sapphire reserve >

Got it while the 100k points bonus was in effect. Totally worth it then. Canceled the card before my second annual fee payment was due because u don't spend enough on travel to make it worth the annual fee.

^Unless you actually spend enough on travel...like I do. And then it's completely worth it.

Thought it was $150 after the credit?

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