Chase Business Card Offers 200K Points to Big Spenders

Chase is making a big play for business owners who spend heavily on travel, advertising, and everyday expenses: 200,000 bonus points.

The card is the Chase Sapphire Reserve for Business, and to earn the 200,000 bonus points, new cardmembers must spend $30,000 in purchases in the first six months of the account opening.

If you are a business owner who regularly spends $5,000 a month on expenses, this could be a valuable card for you. Here are the details.

The card has a $795 annual fee and is a Pay In Full credit card, though Chase says qualifying purchases may be eligible for Flex for Business pay-over-time terms.

How Hard Is Each Welcome Bonus to Earn?

Compare the spending requirements and time limits for three premium business cards.

Card	Spend Required	Time Allowed
Chase Sapphire Reserve Business	$30,000	6 months
American Express Business Platinum	Varies by offer	Varies
Capital One Venture X Business	$30,000	3 months

What does that bonus get you? The 200,000 points translate into up to $4,000 toward select flights and hotels through Chase Travel.

The points can also be transferred to participating hotel and airline loyalty programs at a 1:1 rate, according to Chase.

The card also leans heavily into travel rewards. Members earn 8X points on all purchases made through Chase Travel. Members also have access to the Chase Sapphire Lounge Network of airport lounges.

Lounges are available in Boston, Las Vegas, New York City at JFK and LaGuardia, Philadelphia, Phoenix, and San Diego, with lounges coming soon in Dallas and Los Angeles.

Chase Sapphire Reserve and Chase Sapphire Reserve for Business cardmembers have access to the Sapphire Lounge Network. Chase Sapphire Reserve cardholders also have access to more than 1,300 airport lounges around the world. International travelers also get no foreign transaction fees.

Chase Sapphire Reserve for Business cardmembers also earn points beyond travel. Members earn 5X points on Lyft, 4X points on flights and hotels booked directly, 3X points on social media and search engine advertising, and 1X points on all other purchases made with the card.

Cardmembers also enjoy up to $200 with Google Workspace, up to $400 with ZipRecruiter, up to $120 with Lyft, and up to $120 in DashPass membership value and up to $300 in DoorDash promos.

They have access to Visa Infinite Concierge, access to dining reservations on OpenTable with 300 dining spots,  plus a customer service team available seven days a week. Cardmembers may add up to 99 employee cards at no cost. 

Chase is not the only issuer trying to win over high-spending business owners with premium travel perks and large welcome offers. Let’s take a look at a competing offer. 

With the Business Platinum Card from American Express, some applicants may see a welcome offer of up to 300,000 points after meeting spending requirements, but offer eligibility varies.

Potential cardmembers find out how many membership rewards points they are eligible for after submitting a card application. Not everyone is eligible for the 300,000 points welcome bonus and those that aren’t will be offered a smaller amount.

Offsetting Fees With Statement Credits

Business and travel credits can add value beyond rewards earnings.

Card	Featured Credits
Chase Sapphire Reserve Business	Google Workspace, ZipRecruiter, Lyft, DoorDash
American Express Business Platinum	ChatGPT, Dell, Adobe, Indeed, Hilton, Airline Fees
Capital One Venture X Business	$300 Travel Credit, $100 Premier Collection

The Business Platinum Card is a charge card with no preset spending limit. But cardmembers do have the option of paying over time with interest. It comes with an $895 annual fee.

Business Platinum Card benefits include a $300 ChatGPT business credit, a $250 Adobe credit, up to $1,150 Dell Technologies credit, up to $360 Indeed credit, and up to $120 wireless credit. 

For travelers, the Business Platinum Card offers up to a $600 hotel credit for stays booked through American Express Travel, access to American Express Centurion Lounges, up to a $200 Hilton credit, and up to $200 airline fee credit.

With 32 Centurion Lounge locations and a Global Lounge Collection of more than 1,550 airport lounges across 140 countries, American Express has one of the largest premium lounge-access programs available to business cardholders.

Here’s another competing card offer.

With the Capital One Venture X Business card, new members may earn 150,000 bonus miles when they spend $30,000 in the first three months of the account opening. The Venture X Business card is a charge card with no preset spending limit. It has a $395 annual fee and comes with a $300 annual travel credit.

And there’s more for business travelers. Capital One Venture X and Venture X Business cardmembers have complimentary access to more than 1,300 airport lounges worldwide including Capital One Lounge locations. 

Cardmembers can receive a $100 experience credit on eligible Premier Collection hotel, resort, and vacation-rental bookings, and Hertz President’s Circle status. Free employee and virtual cards are also available.  

The Chase Sapphire Reserve for Business may make the most sense for business owners who can spend $30,000 over six months and want to redeem through Chase Travel or transfer points to loyalty partners.

The Business Platinum Card from American Express may be more appealing to businesses that receive a larger welcome offer and can use its long list of statement credits.

Both these cards come with hefty annual fees. The Chase Sapphire Reserve for Business has a $795 annual fee. And the Business Platinum Card from American Express comes with an $895 annual fee.

The Capital One Venture X Business card has the lowest annual fee of the three, but its welcome offer requires $30,000 in spending in just three months.