Is the $795 Chase Sapphire Reserve credit card worth it?

The Chase Sapphire Reserve costs 795 dollars a year. Here are six perks that make it worth it: Six, emergency evacuation coverage up to 100,000 dollars, huge on paper but most people never file this claim. Five, a 300 dollar dining credit, but only at a curated restaurant list. Four, a 300 dollar StubHub credit for concerts and events, only useful if you attend a couple a year. Three, up to 500 dollars in hotel credits, but requires a two night plus stay at specific hotels. Two, a 300 dollar travel credit, automatic, nearly impossible not to use if you travel at all. One, airport lounge access, worth over 469 dollars alone, no activation needed, you just walk in. On top of those six: a Global Entry credit Apple TV+ and Apple Music worth up to 288 a year Lyft and Peloton credits DoorDash DashPass IHG Platinum status trip cancellation up to 10,000 per person trip delay after 6 hours lost luggage up to 3,000 travel accident insurance up to 1 million primary rental car coverage up to 75,000 and exclusive access to things like Madison Square Garden presales. Ultimate Rewards points transfer 1 to 1 to 10 airlines and 4 hotel programs, Hyatt being the standout. But none of this matters if you’re not paying the card off in full every single month. This card’s interest rate runs well into the 20s. If you carry a balance, the interest wipes out every credit and every point many times over. These perks are only free money if the card itself is free money to you, meaning you pay it off completely, every month, no exceptions. If you can’t confidently say you’ll do that, this card isn’t a deal, it’s just a trap. Is it worth it for you? #chasesapphire #creditcards #moneytips #PersonalFinance #travel