Sapphire Reserve Fee Increase

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

Sapphire reserve fee increase.

The annual fee will increase from 450 to 550. 550 for existing cardholders presumably this change won t. Chase sapphire reserve increases annual fee to 550 is the card still worth the cost. Our in depth analysis explores if the card is worth the cost.

For new cardmembers this annual fee will increase on jan. Here s everything you need to know about the changes brewing for the chase sapphire reserve. Chase sapphire reserve annual fee to increase by us 100. 550 for new cardholders.

The rumors about the chase sapphire reserve are true well some of them at least. While there are other changes coming for the chase sapphire reserve card this is the big one. A higher annual fee of 550. As of january 12 however the annual fee on the chase sapphire reserve will be increasing from us 450 to us 550.

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. April 1 2020 is when existing cardholders of the chase sapphire reserve would start paying a 550 annual fee at their account renewal. First the card s annual fee will jump by 100 from 450 to 550.

New applicants have been paying the higher fee since january. Chase sapphire reserve cardholders may receive a 100 annual fee credit if their account renewal date is coming up. Chase has confirmed these changes as reported by the points guy see the new benefits section below for full details. The chase sapphire reserve is a popular credit card but it comes with a high price tag.

But the card still makes sense for me and i hope my logic helps you decide if it still does for you as well. This couldn t have been worse timing for chase. That s a 100 increase from what the annual fee had been. Doctor of credit is reporting that the chase sapphire reserve card s annual fee will increase from 450 to 550 on the following schedule.

Here s who qualifies to have the 550 annual fee lowered to 450. The chase sapphire reserve won t make sense for every household now that the annual fee has gone up by 100. Accompanying this annual fee increase are a few additional benefits on the card.