Sapphire Reserve Fee Increase

As of january 12 however the annual fee on the chase sapphire reserve will be increasing from us 450 to us 550.

Sapphire reserve fee increase.

A higher annual fee of 550. Here s everything you need to know about the changes brewing for the chase sapphire reserve. The chase sapphire reserve won t make sense for every household now that the annual fee has gone up by 100. Chase sapphire reserve annual fee to increase by us 100.

That s a 100 increase from what the annual fee had been. Chase announced wednesday that it will be increasing the annual fee on the chase sapphire reserve from 450 to 550. The rumors about the chase sapphire reserve are true well some of them at least. Chase sapphire reserve cardholders may receive a 100 annual fee credit if their account renewal date is coming up.

Our in depth analysis explores if the card is worth the cost. For new cardmembers this annual fee will increase on jan. 12 2020 while. But the card still makes sense for me and i hope my logic helps you decide if it still does for you as well.

Doctor of credit is reporting that the chase sapphire reserve card s annual fee will increase from 450 to 550 on the following schedule. The chase sapphire reserve is a popular credit card but it comes with a high price tag. First the card s annual fee will jump by 100 from 450 to 550. Chase sapphire reserve increases annual fee to 550 is the card still worth the cost.

Chase has confirmed these changes as reported by the points guy see the new benefits section below for full details. Here s who qualifies to have the 550 annual fee lowered to 450. 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. The annual fee will increase from 450 to 550.

10 points per us dollar spent on lyft rides. New applicants have been paying the higher fee since january. April 1 2020 is when existing cardholders of the chase sapphire reserve would start paying a 550 annual fee at their account renewal. This couldn t have been worse timing for chase.

Accompanying this annual fee increase are a few additional benefits on the card. The card s annual fee will increase to 550 for new cardholders beginning with applications received on and after jan. The chase sapphire reserve annual fee is going up to 550 starting january 12 2020 a 100 increase.