Sapphire Reserve Benefits Changes

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.

Sapphire reserve benefits changes.

Rumored changes to chase sapphire reserve. Additionally chase has reduced the renewal annual fee by 100 either through a statement credit through july 1 or with a fee reduction after that date bringing the chase sapphire reserve s net cost down to 150 for existing cardholders. Lyft pink will be registered in the name of the cardmember who first activates the benefit. Only one lyft pink membership is available per account but authorized users will also earn at the 5x or 10x rates.

Yes chase sapphire reserve and chase sapphire preferred card authorized users will receive dashpass benefits as well and will have access to the same 60 doordash credits as the primary account holder. 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. The annual fee increased from 450 to 550 the higher fee applies to new applicants as of sunday jan. A reddit user called chase customer service about his chase sapphire reserve and was told that there s an announcement coming up on october 5th.

Chase sapphire reserve annual fee is increasing in 2020 big chances are coming to the chase sapphire reserve card including a higher annual fee and the addition of lyft and doordash benefits. Unfortunately these changes did come with an increase in annual fee the reserve now charges 550 per. Sapphire reserve is broadening your world of benefits. Just last month chase announced a slew of benefit updates for two of its most popular cards the chase sapphire preferred card and chase sapphire reserve.

Here s what to know about the changes. Those perks included the new pay yourself back program and flexible use of the sapphire reserve s 300 travel credit. Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select. 12 2020 the higher fee will apply.

Assuming you re able to utilize the 60 in annual doordash credits the fee drops to 90. 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.