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majorJune 23, 2025Chase · Ultimate Rewards (Sapphire Reserve card)High Riskfee increase

Annual fee rises from $550 to $795

$550$795

Effective June 23, 2025 for new applicants (announced June 17, 2025), the Sapphire Reserve annual fee increased by $245 to $795, and the authorized-user fee rose from $75 to $195. Existing cardholders were charged the new fee at their first renewal on or after October 26, 2025. The increase accompanied a broad card refresh that added statement credits (The Edit hotel credit, dining, StubHub) and changed earning rates, alongside the separate replacement of fixed portal redemption values with Points Boost.

SourceSecond source· verified Aug 7, 2026