Chase Sapphire Reserve 2025 Update: $795 Annual Fee and New Benefits Explained
Chase Sapphire Reserve® Undergoes Major Updates: Key Changes and Price Details
The Chase Sapphire Reserve® is getting one of its biggest overhauls yet. The headline: a new annual fee of $795, which is quite a jump from before. In exchange, Chase is piling on a bunch of new perks and credits—more than $2,700 worth, if you tally up their numbers. Whether that math works for you depends on how much you use the benefits.
Some of the main upgrades:
- Bigger points on travel and dining (everyone’s favorites, right?).
- This new Points Boost feature, which is supposed to help you rack up rewards faster.
- Fresh lifestyle credits—so you might actually save on stuff you’re already buying.
For business owners, there’s now a Chase Sapphire Reserve for Business. It’s basically the premium perks of the personal card, but tweaked for companies that want a little more out of their business spending.
| Feature | Old Version | New Version (2025) |
|---|---|---|
| Annual Fee | $550 | $795 |
| Authorized User Fee | $75 | $195 |
| Travel Credit | $300 (any travel) | $300 (unchanged) |
| Points on Chase Travel | 5X on flights, 10X on hotels/car rentals | 8X on all Chase Travel bookings |
| Points on Direct Travel Bookings | 3X | 4X on flights/hotels booked direct |
| Point Redemption via Chase Travel | 1.5¢ per point | Up to 2¢ (Points Boost) — as low as 1¢ if non-qualifying |
| Lifestyle Credits | Limited (DoorDash, Lyft) | $2,700+ value including:– $300 Dining (OpenTable)– $250 Apple Services– $300 StubHub– $120 Lyft– $420 DoorDash– $120 Peloton |
| Lounge Access | Priority Pass Select | Priority Pass + Chase Sapphire Lounges + Air Canada Café |
| Hotel Credits | None | $500 Hotel Credit at The Edit Collection |
| Travel Protection | Excellent (unchanged) | Same core protections |
| Global Entry / TSA PreCheck Credit | Yes | Yes (unchanged) |
| Elite Status | None | IHG One Rewards Platinum Elite |
| Travel Planning | None | Reserve Travel Designers (personalized travel agents) |
| Business Version | None | Chase Sapphire Reserve® for Business launched |
The New Annual Fee Reality
The annual fee’s now $795, up from $550. Want to add an authorized user? That’ll be another $195 each year. Whether the extra perks are worth it depends on how much you actually use them.
Updates to Points Earnings
Chase Sapphire Reserve’s updated rewards setup means more points in some categories. You’ll get 8X points on Chase Travel℠ bookings, and 4X points on flights and hotels you book directly. Here’s a quick look:
| Purchase Type | Points per Dollar |
|---|---|
| Chase Travel℠ bookings | 8X |
| Flights and hotels booked direct | 4X |
New Lifestyle Credits
There are some fresh credits for everyday stuff
- $300 dining credit via OpenTable
- $250 for Apple TV and Apple Music
- $300 StubHub credit for concerts or shows
- $120 Lyft credit each year
- Up to $420 in DoorDash perks (including DashPass)
- $120 Peloton membership credit
Introducing Points Boost
Chase's new Points Boost system lets you redeem points for up to 2x value on select hotels and airlines via Chase Travel. However, all other redemptions may now fall to 1x, compared to the previous 1.5x redemption rate.
Points Boost at a glance:
| Feature | Before | After Points Boost Program |
|---|---|---|
| Standard redemption rate | 1.5X | 1X (non-qualifying spend) |
| Max boosted rate | Not available | Up to 2X (qualifying spend) |
Points you earned before October 26, 2025 (if you applied earlier), can still be redeemed at the 1.5X rate for a while. That gives longtime users a bit of breathing room to use their stash. For new purchases, though, Points Boost is the new game in town. More on the Points Boost program if you want to dig deeper.
Travel Benefits That Actually Matter
Let’s be honest, travel perks are what a lot of people care about. The Chase Sapphire Reserve gives you a $300 annual travel credit, plus a $500 hotel credit for The Edit Collection (that’s over 1,100 luxury hotels). You’ll get lounge access—Chase Sapphire Lounges, Priority Pass, and some Air Canada lounges. There’s also IHG One Rewards Platinum Elite status, credits for Global Entry, TSA PreCheck, or NEXUS, and dedicated trip support from Reserve Travel Designers. All this should make airports and hotels a bit more bearable.
What Existing Cardholders Should Know
If you signed up before June 23, 2025, you’ll see the new perks kick in October 26, 2025. The $795 fee starts with your next renewal after that. So, there’s a little time to decide if the new credits and benefits make sense for you—or if it’s time to try something else.
The Bottom Line
The recent changes to the Chase Sapphire Reserve® make it a standout for folks after more than just basic travel rewards from a premium card. With over $2,700 in possible annual value from its pile of statement credits, it’s hard to ignore—if you’re actually going to use those perks. Sure, the $795 annual fee is steep. But if you’re constantly on the move or already spending on things like Apple services or Peloton, the benefits might stack up faster than you’d think.
Here’s a quick look at what you’re signing up for:
| Feature | Details |
|---|---|
| Statement Credits | Credits for travel, dining, digital subscriptions, and a few extras |
| Rewards Rate | Points usually worth 1 cent each for cash, but you get more value for travel |
| Ultimate Rewards | Transfer points to airlines and hotels for even better deals |
| Annual Fee | $795, plus extra if you want to add authorized users |
| Travel Perks | Better earning rates on travel booked through Chase, plus some solid protections |
Ultimate Rewards points are still a big draw. If you book travel through Chase’s portal, your points often stretch further than with cash redemptions. There’s also the flexibility to move points to partners, which is handy if you’re a frequent traveler looking to squeeze out every last mile or night.
If you’re not going to use most of the credits, or you barely travel, maybe check out something like the Chase Sapphire Preferred® Card instead. It’s got strong travel rewards, earns 5x points on travel through Chase, and the annual fee won’t make your wallet wince. Really, it comes down to how you spend and whether these perks fit your life—or just sound good on paper.