Chase Sapphire Reserve Annual Fee First Year

Find out if the chase sapphire reserve is worth the 450 annual fee.

Chase sapphire reserve annual fee first year. But did you know that there is also a no annual fee version of these cards. It may even be the best premium card out there. In april chase announced that chase sapphire reserve cardholders with an annual fee renewing through july 1 would receive a 100 statement credit towards their annual fee. If it isn t you can call and cancel the card within 30 days of being charged the second year annual fee or convert your sapphire reserve to a chase sapphire preferred and pay the lower 95.

While i personally think paying the annual fee of 95 is well worth getting an extra 10k ultimate rewards you can still avoid paying the first year s annual fee with the 50k referral offer. The annual fee for the chase sapphire reserve increased to 550 as of jan. Chase sapphire reserve offers some of the best rewards great bonus and travel credits which makes it well worth the annual fee for those who travel regularly. For much of its nearly 10 year history the chase sapphire preferred has offered the exact same sign up bonus.

A couple of days ago chase upped their public welcome offer on the sapphire preferred to 60k after 4k spend in 3 months. 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. 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. Today chase updated that policy announcing that any sapphire reserve renewal between july 1 through the end of 2020 will process at 450.

At that time the card also added new features. By comparison chase s sapphire preferred card s annual fee is 95 a year waived the first year gives only double points on travel and at restaurants and allows you to redeem for 1 25 cents per point. Your annual fee is lower but so are your benefits. At that time the card also added new features.

In our analysis we compare the chase sapphire reserve credit card s benefits and features against other leading options like the platinum card from american express and the citi prestige card. The chase sapphire reserve consistently ranks as one of the best travel credit cards.