Chase Sapphire Reserve Renewals Will Pay Full $550 Annual Fee Beginning August 1st

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Chase Sapphire Reserve had its $550 annual fee lowered to $450 at the beginning of the pandemic, and then – for over a year – they were charging $550 but also giving a $100 statement credit. However, for renewals from August 1st and onward, the full annual fee of $550 will be paid.

We speculated this based on what readers were hearing from Chase, and it’s now been confirmed by TPG that no statement credits or reductions will be offered for those with annual fee renewals on August 1st and onward. New signups were always paying the full $550.





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