Chase Sapphire Reserve Changes 2017

Chase has confirmed a number of changes coming to its flagship chase sapphire reserve card including an increased annual fee and a number of new benefits. It has exceeded all expectations in terms of demand and that s hardly surprising given the huge sign up bonus that the card had along with the generous perks and return on spend. The annual fee increased from 450 to 550.

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If you currently carry the chase sapphire reserve card and one of the freedom cards you ll earn 2x more on drugstores and earn the same 3x on dining.

Chase sapphire reserve changes 2017.

The chase sapphire reserve was introduced last year and has been insanely popular. With the pay yourself back tool your ultimate rewards points are worth 50 more when you redeem them for statement credits against purchases in our current categories. Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select. First the card s annual fee will jump by 100 from 450 to 550.

Earn up to 120 in doordash statement credits through 12 31 2021. While the card has a 450 annual fee it also offers a 300 annual travel credit. In this post i analyze how the recent updates to chase s freedom cards could impact their sapphire cards. You ll pay a total of 550 for the two cards.

You ll also earn 3x on all travel spend. Rumored changes to chase sapphire reserve. So i have a fun situation i ve wracked up more points than i can spend via the pay yourself back feature which if you don t want to use the points. Earn up to 120 in statement credits on qualifying doordash purchases through 12 31 2021 that s 60 in statement credits through 12 31 2020 and another 60 in statement.

Why changes to chase sapphire cards could be imminent. A reddit user called chase customer service about his chase sapphire reserve and was told that there s an announcement coming up on october 5th. The rumors about the chase sapphire reserve are true well some of them at least. Banks want to clearly differentiate between value propositions on their products and the freedom refresh could well usher in changes on the chase sapphire preferred and reserve card.

The higher fee applies to new applicants as of sunday jan. Sapphire reserve is broadening your world of benefits. Your chase sapphire reserve account must be open and not in default to maintain subscription benefits. 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.

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