Chase Announces Changes to Sapphire Reserve with Fee Hike and New Business Card

June 17, 2025 - 23:50

Chase has unveiled significant updates to its Sapphire Reserve credit card, including a notable increase in the annual fee, which will now be set at $795. This adjustment reflects the bank's efforts to enhance the value of its premium offerings amidst a competitive market. The fee increase will take effect in the coming billing cycle, prompting cardholders to reassess the benefits associated with their membership.

In addition to the fee hike, Chase is introducing a new Sapphire Reserve Business card aimed at entrepreneurs and business owners seeking premium rewards and features. This new card is designed to cater to the needs of businesses, offering enhanced earning potential on various spending categories and exclusive perks that align with the demands of modern business operations.

These changes demonstrate Chase's commitment to providing high-quality financial products while adapting to the evolving landscape of consumer preferences and spending habits. Cardholders are encouraged to review the updated benefits and consider how these changes might fit into their financial strategies.