Chase Sapphire Annual Fee Increase

The chase sapphire reserve annual fee is going up to 550 starting january 12 2020 a 100 increase.

Chase sapphire annual fee increase. Chase has confirmed these changes as reported by the points guy see the new benefits section below for full details. Here s everything you need to know about the changes brewing for the chase sapphire reserve. That s a 100 increase from what the annual fee had been. 550 for new cardholders.

With the pay yourself back tool your ultimate rewards points are worth 25 more when you redeem them for statement credits against purchases in our current categories. The chase sapphire reserve is a popular credit card but it comes with a high price tag. Sapphire preferred is broadening your world of benefits. New applicants have been paying the higher fee since january.

12 2020 at 12 31 p m. Chase sapphire reserve increases annual fee to 550 is the card still worth the cost. Chase announced wednesday that it will be increasing the annual fee on the chase sapphire reserve from 450 to 550. Chase hikes annual fee for its sapphire reserve card to 550 a 100 increase published.

Is the chase sapphire reserve worth the annual fee. Chase sapphire reserve cardholders may receive a 100 annual fee credit if their account renewal date is coming up. For new cardmembers this annual fee will increase on jan. 12 2020 while.

The card s annual fee will increase to 550 for new cardholders beginning with applications received on and after jan. While there are other changes coming for the chase sapphire reserve card this is the big one. A higher annual fee of 550. This couldn t have been worse timing for chase.

550 for existing cardholders presumably this change won t. April 1 2020 is when existing cardholders of the chase sapphire reserve would start paying a 550 annual fee at their account renewal. Doctor of credit is reporting that the chase sapphire reserve card s annual fee will increase from 450 to 550 on the following schedule.