Chase Announces Sapphire Reserve Overhaul

Details

Written by: RJ

Chase has announced the newest iteration of the Sapphire Reserve. These new benefits go live 6/23/25.

1. Annual fee: $795
   • Authorized users: $195
2. Multipliers
   • 8x Chase travel
   • 4x Flights and hotels
   • 3x Dining at restaurants
   • 1x All purchases
3. Travel Benefits
   • $300 Travel credit
   • Priority Pass
   • Air Canada Maple Leaf lounge (when traveling on star alliance)
   • TSA Pre/Global Entry
   • IHG One Rewards Platinum Elite Status
   • $500 Towards The Edit: Paid as $250/January – June and $250 July – December
   • $500 Southwest credit for use in Chase travel with $75k/spend per year
   • Southwest A List status with $75k/spend per year
   • IHG One Rewards Diamond Elite status with $75k/spend per year
4. Lifestyle Benefits
   • $300 Sapphire Reserve Exclusive tables: Paid as $150 January – June and $150 July – December
   • $250 Apple TV and Music Credit
   • $250 Shops at Chase credit with $75k/spend per year
   • 2x Redemption rate for points at The Edit and Premium cabin airfare
   • $300 Stubhub credits: Paid as $150 January – June and $150 July – December
   • $120 Peleton: Paid as $10 monthly credits
   • $120 Lyft credit: Paid as $10 monthly in app credits
   • $420 Doordash + Dashpass membership
     • Get up to $25 each month to spend on DoorDash, which includes a $5 monthly promo to spend on restaurant orders and two $10 promos each month to save on groceries, retail orders and more.

Intro offer

Nothing solid yet. Rumors suggest it’ll be a big one, upwards of 100k. Which would make sense as we just saw the Preferred hit 100k. I’ll guess 150k.

Current card members

If you’re an existing cardmember or applied for the card prior to June 23, 2025, your benefits and annual fee will remain unchanged through October 25, 2025.

As of October 26, 2025, you will get an additional $1,500+ in annual value with your Sapphire Reserve card. After this date, on your anniversary, your annual fee will adjust to $795 and each authorized user fee to $195.

Through 10/26/27

For points earned prior to October 26, 2025, you will automatically get the best offer available, whether it’s Points Boost or 1.5x on Chase Travel, maximizing the value of your rewards for the next two years.

48 Month Rule

Reports from major outlets say Chase is removing the 48 month rule between Sapphire cards. Replacing it is an Amex pop up jail type rule

New account bonus offer eligibility for either card will be based on factors including previously earned bonus offers and the number of cards opened and closed, among others.

Consumers applying through most channels will be notified during the application process if they are not eligible for a bonus offer and given the choice to continue the application or cancel the application with no impact to their credit score.

Multiple Sapphire Cards

In a weirder turn of events, it now seems you can hold both the Reserve and Preferred.