Hospitality Management Professor Wan Yang analyzes the benefits of the Chase Sapphire Reserve card and whether it's worth the $550 annual fee. Choosing the card depends on whether the perks — like lounge access, concierge service, and travel insurance — match the cardholder’s lifestyle and priorities, not just the dollar value of benefits. Extras like DoorDash or Lyft discounts are nice bonuses, but the card’s real value lies in how well it supports the ways its cardholder already travels and spends.

This article was originally published on WalletHub.com on April 10, 2025.