Chase Bank Imposes $245 Annual Fee on Popular Card Next Month

Increased Annual Fee for Chase Sapphire Reserve Card

As of October 26, 2025, the annual fee for the Chase Sapphire Reserve credit card has been raised to $795, a significant increase from the previous cost of $550. This change affects existing cardholders who will now be charged the new fee, while any new customers approved for the card on or after that date were already required to pay the updated amount.

This fee hike has sparked questions about whether the card is still worth the investment. While the answer may vary depending on individual financial situations and travel habits, the Sapphire Reserve continues to offer a range of valuable benefits that could justify the increased cost.

Travel Benefits for Frequent Travelers

For those who travel frequently, the Sapphire Reserve offers several perks that can make the card an attractive option. Cardholders receive a $500 annual credit for hotel or resort stays through The Edit by Chase Travel. Additionally, they get a $300 annual travel credit that can be used for various travel-related expenses.

The card also provides access to credits for Global Entry, TSA PreCheck, or Nexus, which can save time and hassle at airports. Members can also enjoy access to airport lounges via Priority Pass, making it easier to relax before flights.

Another notable feature is the ability to bring up to two guests into the Sapphire and Priority Pass Lounges without additional charges. This makes the card a great choice for travelers who often travel with others.

Dining Perks for Food Enthusiasts

For food lovers, the Sapphire Reserve offers a unique set of benefits. The card includes up to $300 in annual dining credit, split into two $150 statement credits—one in the first half of the year and the other in the second. These credits are applied to qualifying dining purchases made with the card.

Additionally, members have access to Sapphire Reserve Exclusive Tables, which can help secure reservations at some of the most exclusive restaurants in U.S. cities. This benefit is particularly appealing for those who enjoy fine dining experiences.

The card also offers a complimentary DashPass membership, valued at $120, as long as it is activated by December 31, 2027. This membership provides access to food delivery services, making it easier to enjoy meals from home.

Additional Benefits and Partnerships

Beyond travel and dining, the Sapphire Reserve offers a variety of other perks. Members can take advantage of partnerships with various apps and platforms, providing everyday credits that can help save money on purchases such as streaming services and fitness apps.

Sapphire Reserve holders also receive a complimentary subscription to both Apple TV+ and Apple Music, valued at $250 annually, through June 22, 2027. They also get in-app credits for StubHub and Lyft, as well as an annual Peloton membership, with a statement credit of up to $10 per month for a qualifying membership through December 31, 2027.

These additional benefits make the Sapphire Reserve a versatile card that can appeal to a wide range of users, from frequent travelers to food enthusiasts and tech-savvy consumers. Whether you're looking to save on travel, dining, or entertainment, the card offers a comprehensive set of features that may justify the increased annual fee.