Chase Sapphire Preferred Annual Fee Increase

Doctor of credit is reporting that the chase sapphire reserve card s annual fee will increase from 450 to 550 on the following schedule. Chase jpm 1 09 is increasing the annual fee on its popular sapphire reserve card intensifying the ongoing competition with american express platinum card. Chase has confirmed these changes as reported by the points guy see the new benefits section below for full details.

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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 sapphire preferred annual fee increase.

Up to 300 annual credit every card member anniversary year for travel purchases 100 statement credit for global entry. The chase sapphire reserve annual fee is increasing to 550 starting this sunday january 12 2020. While the issuer has been offering a 100 credit to existing sapphire reserve card holders who renew in. 550 for existing cardholders presumably this change won t.

Annual fee will increase to 550 for existing users in april 2020. The rumors about the chase sapphire reserve are true well some of them at least. Prospective applicants have until end of day on january 11 2020 to apply for the chase sapphire. The no annual fee chase sapphire credit card is no longer open to new applications but you can request a product change to this card by calling chase.

For an explanation of our advertising policy visit this page. 1 plus earn up to 50 in statement credits toward a yearly or monthly instacart express membership which provides unlimited deliveries with a 0 delivery fee and reduced service fees on orders over 35. 550 for new cardholders. Just use your sapphire card to pay for the express membership fee between july 1 and september 30 2020 to receive the credit.

Annual fee will increase to 550 for new users on january 12th 2020. The chase sapphire preferred card and its ultra premium sibling the chase sapphire reserve are two of the most popular rewards credit cards on the market today. If you re an existing cardmember with a renewal date after april 1 2020 you can consider downgrading to the chase sapphire preferred card. At the start of 2020 chase raised the annual fee from 450 to 550 a year a 22 increase.

Not possible to product change to the card until after january 12th 2020 new 550 annual fee will be charged complimentary lyft pink membership to be added on january 12th 2020. But did you know that there is also a no annual fee version of these cards. First the card s annual fee will jump by 100 from 450 to 550. Yes the chase sapphire reserve carries a much higher annual fee of 550 but it also provides several added perks and benefits to make it well worth the added expense such as.

Any renewals after that date incur the new 550 fee.

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