Unfortunately these changes did come with an increase in annual fee the reserve now charges 550 per.
Sapphire reserve benefits changes.
Here s what to know about the changes.
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.
Chase recently announced some major changes to its premium travel credit card the chase sapphire reserve the issuer added new benefits including lyft perks at least one year of dashpass through doordash food delivery service and 60 in annual credits to doordash for the next two years.
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.
Assuming you re able to utilize the 60 in annual doordash credits the fee drops to 90.
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.
Sapphire reserve is broadening your world of benefits.
12 2020 the higher fee will apply.
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.
Those perks included the new pay yourself back program and flexible use of the sapphire reserve s 300 travel credit.
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.
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.
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.
Only one lyft pink membership is available per account but authorized users will also earn at the 5x or 10x rates.
The chase sapphire reserve added new limited time benefits but boosted its already high annual fee to 550 from 450.
The annual fee increased from 450 to 550 the higher fee applies to new applicants as of sunday jan.
Lyft pink will be registered in the name of the cardmember who first activates the benefit.
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.
