Chase Sapphire Reserve Annual Fee Increase

The chase sapphire reserve has been one of the top travel rewards credit cards since its launch back in 2016 and for good reason.

Chase sapphire reserve annual fee increase.

550 for existing cardholders presumably this change won t. 12 2020 while. Chase is increasing the annual fee on its wildly popular chase sapphire reserve card from 450 to 550 while adding a handful of new benefits to the card. This couldn t have been worse timing for chase.

Our in depth analysis explores if the card is worth the cost. First the card s annual fee will jump by 100 from 450 to 550. Chase sapphire reserve annual fee to increase by us 100. Here s who qualifies to have the 550 annual fee lowered to 450.

The good news is that there are still a few days to apply with the current fee the new rate kicks in on sunday jan. The rumors about the chase sapphire reserve are true well some of them at least. For new cardmembers this annual fee will increase on jan. Chase sapphire reserve cardholders may receive a 100 annual fee credit if their account renewal date is coming up.

As of january 12 however the annual fee on the chase sapphire reserve will be increasing from us 450 to us 550. Chase has confirmed these changes as reported by the points guy see the new benefits section below for full details. 10 points per us dollar spent on lyft rides. 550 for new cardholders.

Is the chase sapphire reserve worth the annual fee. Chase announced wednesday that it will be increasing the annual fee on the chase sapphire reserve from 450 to 550. New applicants have been paying the higher fee since january. Doctor of credit is reporting that the chase sapphire reserve card s annual fee will increase from 450 to 550 on the following schedule.

April 1 2020 is when existing cardholders of the chase sapphire reserve would start paying a 550 annual fee at their account renewal. Accompanying this annual fee increase are a few additional benefits on the card.