Chase Sapphire Reserve (Legacy) $300 Annual Travel Credit: How It Works and When It Resets (2026)
Quick answer: The Chase Sapphire Reserve (Legacy) $300 Annual Travel Credit is worth up to $300 a year. It runs on your cardmember year and resets on your card anniversary, not on January 1. No enrollment is required; eligible purchases are credited automatically.
At a glance
| Card | Chase Sapphire Reserve (Legacy) · Chase · annual fee $795 |
| Value per year | $300 |
| Cycle | Annual |
| Resets | Card anniversary (cardmember year) |
| Enrollment | Not required |
| Type | Accumulates up to the cap |
The terms, as catalogued
Up to $300 in statement credits each account anniversary year for travel purchases
How not to lose it
Add the Chase Sapphire Reserve (Legacy) to MaxWorth and this credit appears with its annual cycle already set; you get a push before it expires, tap it when you use it, and the card's annual-fee ROI updates. No bank account is ever connected.
Frequently asked questions
When does the $300 Annual Travel Credit reset?
It runs on your cardmember year and resets on your card anniversary, not on January 1.
Do I need to enroll?
No enrollment is required; eligible purchases are credited automatically.
Does unused credit roll over?
No. Like every annual credit, any unused amount expires when the cycle ends.
Other credits on the Chase Sapphire Reserve (Legacy)
- $10 Monthly Lyft Credit · $120/yr · Monthly
- Global Entry/TSA PreCheck/NEXUS Fee Credit · $30/yr · Every 4 years
Source: the issuer's published terms, entered and verified by hand in the MaxWorth database; methodology. Spotted an outdated term? Tell us through the app.