Chase Sapphire Reserve Gets a Refresh with Higher Fees and Enhanced Perks

Chase has announced significant updates to its Sapphire Reserve credit card, including a higher annual fee of $795, new statement credits, enhanced earning rates on flights and hotels, and additional perks like complimentary IHG status and spend-based benefits. These changes aim to offset the fee increase and align the card with premium market standards, but whether they are beneficial depends on individual spending habits and travel preferences.