This summer, changes were announced for the Chase Sapphire Reserve®, a premium travel rewards card from Chase. The card is set to have the highest annual fee in the premium market at $795, up from $550, but will come with new statement credits and benefits to offset the increase.
For those considering whether to keep, upgrade, or downgrade the refreshed Chase Sapphire Reserve, here is an overview of the changes and key points to consider:
Summary of Changes
Here are the key changes to the Chase Sapphire Reserve in summer 2025:
- Higher annual fee and authorized user annual fee
- Adjustments to some earning rates
- Introduction of multiple new statement credits for travel and lifestyle spending
- Complimentary status with IHG Hotels and Resorts
- New perks after reaching a minimum spend threshold
- Introduction of a new points accelerator called 'Points Boost'
- Card design changes
- Ability to hold both Sapphire Reserve and Chase Sapphire Preferred® Card simultaneously
What's Staying the Same
Some features that will remain unchanged on the Chase Sapphire Reserve include the flexible $300 annual travel credit, Global Entry, TSA PreCheck or Nexus credit, lounge access, and travel protections.
Timing
New applicants approved after June 23 will immediately access the new perks, while existing cardmembers will gain access to Points Boost on June 23 and the rest of the benefits on Oct. 26, 2025.
My Take
The new credits aim to offset the annual fee increase, but their value depends on your spending habits. While some earning rates have improved, others have decreased. The spending requirement to unlock premium perks may be challenging for some cardholders.
Higher Annual Fee
The Chase Sapphire Reserve's annual fee is increasing from $550 to $795, making it the highest in the premium market. The card is also raising the annual fee for authorized users from $75 to $195.
Earning Rate Adjustments
Changes to earning rates include increased points for flights booked through Chase Travel and directly with airlines, but a decrease in points for general travel.
New Statement Credits
The updated card introduces various new statement credits, including credits for luxury hotels, concert tickets, dining, and more, totaling over $2,300.
Complimentary IHG Platinum Elite Status
Cardholders will receive complimentary IHG One Rewards Platinum Elite status, offering benefits like bonus points, reward night discounts, and more.
Spend-Incentivized Perks
Cardholders who spend $75,000 in a calendar year will unlock perks like IHG One Rewards Diamond Elite status and Southwest Airlines A-List status.
Points Boost Offers
The new points accelerator, Points Boost, allows for enhanced redemption values for select bookings through Chase Travel.
New Card Art
The updated card features new design elements, setting it apart from the Chase Sapphire Preferred.
Reasons for Change
The changes to the Chase Sapphire Reserve align it with the evolving premium card market and aim to offer more value to cardholders.
For more details on these changes and how they may impact you, consider reviewing the full review of the Chase Sapphire Reserve.
Source: The Points Guy
