If you re an existing cardmember with a renewal date after april 1 2020 you can consider downgrading to the chase sapphire preferred card which has a 95 annual fee.
Chase sapphire preferred annual fee date.
The 100 statement credit is a generous offer from chase especially since the sapphire reserve s new 550 annual fee was going into effect on april 1 for existing cardholders.
Just use your sapphire card to pay for the express membership fee between july 1 and september 30 2020 to receive the credit.
The chase sapphire preferred card and its ultra premium sibling the chase sapphire reserve are two of the most popular rewards credit cards on the market today.
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But did you know that there is also a no annual fee version of these cards.
While the issuer has been offering a 100 credit to existing sapphire reserve card holders who renew in.
At the start of 2020 chase raised the annual fee from 450 to 550 a year a 22 increase.