Chase Sapphire Reserve Annual Fee Increase

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. That s a 100 increase from what the annual fee had been. Chase sapphire reserve cardholders may receive a 100 annual fee credit if their account renewal date is coming up.

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The rumors about the chase sapphire reserve are true well some of them at least.

Chase sapphire reserve annual fee increase.

As of january 12 however the annual fee on the chase sapphire reserve will be increasing from us 450 to us 550. 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. Is the chase sapphire reserve worth the annual fee. The chase sapphire reserve is a popular credit card but it comes with a high price tag.

10 points per us dollar spent on lyft rides. Here s who qualifies to have the 550 annual fee lowered to 450. Chase sapphire reserve annual fee is increasing in 2020 big chances are coming to the chase sapphire reserve card including a higher annual fee and the addition of lyft and doordash benefits. Doctor of credit is reporting that the chase sapphire reserve card s annual fee will increase from 450 to 550 on the following schedule.

Chase has confirmed these changes as reported by the points guy see the new benefits section below for full details. For new cardmembers this annual fee will increase on jan. 550 for new cardholders. Chase sapphire reserve annual fee to increase by us 100.

Our in depth analysis explores if the card is worth the cost. Chase announced wednesday that it will be increasing the annual fee on the chase sapphire reserve from 450 to 550. April 1 2020 is when existing cardholders of the chase sapphire reserve would start paying a 550 annual fee at their account renewal. 550 for existing cardholders presumably this change won t.

New applicants have been paying the higher fee since january. 12 2020 while. First the card s annual fee will jump by 100 from 450 to 550. The chase sapphire reserve has been one of the top travel rewards credit cards since its launch back in 2016 and for good reason.

This couldn t have been worse timing for chase. Accompanying this annual fee increase are a few additional benefits on the card.

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