Story perspectives
Chase Hikes Sapphire Reserve Fee 45%, Offers New Perks
6/22/2025
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Story summary
- Chase will increase the Sapphire Reserve card's annual fee from $550 to $795 starting June 23, 2025, a 45% hike.
- New benefits promise up to $2,700 in annual value, featuring $500 hotel credits and $300 dining credits.
- Customer dissatisfaction is rising, with many exploring alternatives like the Capital One Venture X card at $395.
- Current cardholders will face the fee increase upon renewal after October 26, 2025.
