Credit Cards/News
Chase Sapphire Reserve Increases Annual Fee to $795 with New Perks
Chase has raised the annual fee for the Sapphire Reserve card, along with introducing new benefits that could add significant value for members.
1 min read
Major Changes to the Chase Sapphire Reserve
The annual fee for the Chase Sapphire Reserve card has been raised to $795, nearly a $250 increase. However, Chase claims that members can enjoy benefits valued at up to $2,700.
Details about the new features include:
- An earning rate change, with 8x points on all Chase travel purchases.
- Existing cardholders will notice this fee hike on their anniversary date, while new members will see it applied immediately.
- Continued access to the $300 travel credit each year, along with a $500 credit for an exclusive collection of hotels.
New Benefits to Enhance Customer Experience
- Points Boost: Points earned on specific flights and hotels booked through Chase Travel will be worth 2x when using Points Boost.
- Lounge Access: Cardholders will maintain access to the Chase Sapphire Lounge and Priority Pass Select lounges at airports.
- Complimentary IHG Rewards: Included Platinum Elite status in IHG One Rewards and more lifestyle benefits such as:
- $250 annual credit for Apple services.
- $300 StubHub credit for event tickets.
- Monthly DoorDash promotions totaling $300 annually.
High-Spending Benefits
Members spending over $75,000 in a calendar year will unlock:
- IHG One Rewards Diamond Elite status.
- Southwest Airlines A-List status and additional travel credits.
Share your thoughts on the changes to the Chase Sapphire Reserve in the FlyerTalk forums.
