Sapphire Reserve Fee Increase

Here s everything you need to know about the changes brewing for the chase sapphire reserve.

Sapphire reserve fee increase.

April 1 2020 is when existing cardholders of the chase sapphire reserve would start paying a 550 annual fee at their account renewal. The chase sapphire reserve won t make sense for every household now that the annual fee has gone up by 100. The chase sapphire reserve is a popular credit card but it comes with a high price tag. Doctor of credit is reporting that the chase sapphire reserve card s annual fee will increase from 450 to 550 on the following schedule.

As of january 12 however the annual fee on the chase sapphire reserve will be increasing from us 450 to us 550. The rumors about the chase sapphire reserve are true well some of them at least. A higher annual fee of 550. The annual fee will increase from 450 to 550.

12 2020 while. 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. Chase announced wednesday that it will be increasing the annual fee on the chase sapphire reserve from 450 to 550. While there are other changes coming for the chase sapphire reserve card this is the big one.

New applicants have been paying the higher fee since january. For new cardmembers this annual fee will increase on jan. First the card s annual fee will jump by 100 from 450 to 550. Accompanying this annual fee increase are a few additional benefits on the card.

Chase sapphire reserve cardholders may receive a 100 annual fee credit if their account renewal date is coming up. Chase sapphire reserve annual fee to increase by us 100. 550 for existing cardholders presumably this change won t. 10 points per us dollar spent on lyft rides.

Here s who qualifies to have the 550 annual fee lowered to 450. The chase sapphire reserve annual fee is going up to 550 starting january 12 2020 a 100 increase. But the card still makes sense for me and i hope my logic helps you decide if it still does for you as well. 550 for new cardholders.

This couldn t have been worse timing for chase. Our in depth analysis explores if the card is worth the cost. That s a 100 increase from what the annual fee had been.