Credit calendar

Chase Sapphire Reserve (Legacy) credits

Every recurring credit on the Chase Sapphire Reserve (Legacy), with the cap, cycle and reset date that decide whether you actually capture it.

Card terms last verified against issuer pages on 2026-09-20.

The short answer

The Chase Sapphire Reserve (Legacy) carries 3 recurring statement credits worth $450 a year. 0 reset on the calendar year and expire on 31 December; 3 reset on your account anniversary. 1 are capped monthly and cannot be carried forward.

$450face value a year, against a $795 fee

0expire on 31 December

1capped monthly or quarterly, so they cannot be carried forward

Resets on the calendar year, expiring 31 December

Resets on your cardmember year

Credit

Windows in a year

Each

A year

$300 Annual Travel Credit Up to $300 in statement credits each account anniversary year for travel purchases

Once a year, resets on the cardmember year

$300

$10 Monthly Lyft Credit enrol first $10 monthly Lyft credit, up to $120/year, plus 5x points on Lyft rides

Monthly, resets on the cardmember year

$10

$120

Global Entry/TSA PreCheck/NEXUS Fee Credit Up to $120 statement credit every 4 years for application fee

Every 4 years, resets on the cardmember year

$120

$30

The monthly credits are the ones people lose

$10 Monthly Lyft Credit is capped per month. An unused month does not roll forward, so the annual figure the card is marketed on assumes you spend at those specific merchants every single month. Most people do not, which is the single biggest gap between a premium card's advertised credit value and what it is worth to you.

Questions people ask

When do the Chase Sapphire Reserve (Legacy) credits reset?

All 3 reset on your cardmember year — that is, your account anniversary date, not 1 January.

Which Chase Sapphire Reserve (Legacy) credits require enrolment?

1 of 3: $10 Monthly Lyft Credit. Enrolment is not retroactive at most issuers, so a purchase made before you enrol usually will not be credited.

How much are the Chase Sapphire Reserve (Legacy) credits worth in total?

$450 a year at face value, against a $795 annual fee. That is the sum of the caps, not what a typical cardholder captures — 1 of them are monthly and expire unused each month, and each is restricted to specific merchants.

Verified 2026-09-20. See the full Chase Sapphire Reserve (Legacy) page, or every credit across every card.