Chase Sapphire Reserve Changes 2017

In this post i analyze how the recent updates to chase s freedom cards could impact their sapphire cards.

Chase sapphire reserve changes 2017.

The chase sapphire reserve was introduced last year and has been insanely popular. 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. You ll pay a total of 550 for the two cards. The rumors about the chase sapphire reserve are true well some of them at least.

Rumored changes to chase sapphire reserve. You ll also earn 3x on all travel spend. 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. Your chase sapphire reserve account must be open and not in default to maintain subscription benefits.

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. First the card s annual fee will jump by 100 from 450 to 550. The higher fee applies to new applicants as of sunday jan. Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.

Chase sapphire reserve two card combo. Sapphire reserve is broadening your world of benefits. Earn up to 120 in doordash statement credits through 12 31 2021. 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.

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. 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. Why changes to chase sapphire cards could be imminent.

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.