Calvary Chapel holds a consistent premillennial dispensationalist interpretation of Revelation 20:1-6. The passage describes Christ's literal return, Satan's binding for one thousand years, and the reign of believers and martyrs with Christ before the final judgment. Chuck Smith taught that this is the plain reading of the text: after the tribulation and Christ's return, there is a literal thousand-year messianic kingdom on earth.

In this framework, the 'first resurrection' refers to believers resurrected at Christ's coming (1 Corinthians 15:23-24). Satan's binding prevents him from deceiving the nations during the millennium. After the thousand years, Satan is released, rebellion occurs, and the final judgment takes place. Revelation 20:1-6 fits into the premillennial dispensational timeline as the period between Christ's second coming and the eternal state.