Chase Sapphire Reserve Updates: Higher Fees, New Perks, and Business Options

Chase is increasing the annual fee for its Sapphire Reserve credit card from $550 to $795, introducing new benefits such as hotel credits, dining and entertainment perks, and travel credits, aiming to deliver over $2,700 in annual value. The decision on whether it's worth it depends on individual spending habits and how much one can utilize the new perks, with high spenders and frequent travelers likely to find it valuable, while casual users may not see enough benefit to justify the higher cost.