Chase just raised the bar on business cards, bringing the prestige of the consumer Sapphire Reserve into the business world. A premium business card has been noticeably absent from Chase’s card lineup,

The Sapphire Reserve for Business will also be adopting the new Points Boost accelerator, which will allow cardholders to redeem their Ultimate Rewards® points for up to 2X value on select airline tickets and hotels booked through Chase Travel. Otherwise, it's a fixed 1 cent per point.

The Sapphire Reserve for Business is Chase's newest card. Here's everything you need to know to decide if this $795 annual fee card is right for you.