JPMorgan Chase has unveiled significant enhancements to its premium travel credit card, the Chase Sapphire Reserve, effective June 23, 2025. Alongside a substantial increase in the annual fee to $795, which positions it among the highest fees in the premium card market, the overhaul introduces several exciting features aimed at travelers.
The fee hike from the current $550 will set the Chase Sapphire Reserve apart from competitors, including The Platinum Card® from American Express, which is also undergoing a transformation. In conjunction with these changes, Chase will be launching its first business version of the Sapphire Reserve, designed specifically for small to medium-sized enterprises.
Key updates to the Chase Sapphire Reserve include:
– **Increased rewards rates:** Cardholders will earn 8x points on purchases made through Chase Travel, 4x points on bookings made directly with airlines and hotels, and 1x points on all other purchases. This replaces the previous structure of varying points for travel-related bookings.
– **Annual credits:** Cardholders can take advantage of up to $300 in dining credits, $500 for prepaid bookings with a curated selection of hotels through The Edit, and annual credits on StubHub purchases towards concert and event tickets.
– **Added membership benefits:** Users will continue to receive complimentary Apple TV+ and Apple Music subscriptions through mid-2027, while also obtaining IHG One Rewards Platinum Elite status until December 2027.
Additionally, by spending $75,000 in a calendar year, cardholders can unlock even more benefits, including IHG One Rewards Diamond Elite status and credits for services like Southwest Airlines.
The Chase Sapphire Reserve for Business will mirror many of these benefits with features suited for business users, such as enhanced rewards rates, flexible travel credits, and complimentary access to airport lounges.
These changes not only reflect the competitive landscape of travel credit cards but also demonstrate Chase’s commitment to enhancing user value. By integrating features that cater specifically to travelers and business owners, they aim to maintain their leadership position in the premium credit card space.
This approach ensures that cardholders can maximize their travel experiences, making the Chase Sapphire Reserve and its business counterpart more appealing options for those seeking robust travel rewards.