Chase Sapphire Reserve® Changes for Current Cardholders

If you are a current Chase Sapphire Reserve® cardholder and applied for the card prior to June 23, 2025, you’ll be holding an “outdated” version of the card, as the Chase Sapphire Reserve® is completely transforming with all changes applied to all cardholders, effective on October 26, 2025.

If you got the card after June 23, 2025, you’ll get the card at its standard $795 annual fee, an authorized user fee of $195, and be given access to a plethora of credits.

With the increased annual fee of the card comes multiple new credits for cardholders to take advantage of, either better suiting cardholders’ lifestyles, or making the Chase Sapphire Reserve® an unrealistic card to support their spending habits.

Beginning October 26, 2025, all cardholders, including those who applied for the card prior to June 23, 2025, will be moved into the new version of the card and will be given access to all the benefits and credits that come with the new card. However, older cardholders will have some grandfathered benefits.

Since old cardholders will be paying the old annual fee for the new version of the card, they’ll be able to experience a taste of what using the new Chase Sapphire Reserve® is like. Since it may or may not suit the lifestyles of cardholders, old cardholders can decide to either downgrade the card or keep it before the increased annual fee hits.

For old cardholders, you’ll be hit with the new annual fee of $795 on your next card anniversary date, so make sure to assess your situation before deciding if you want to keep the card in your wallet.

New Point-Earning Categories

The new Chase Sapphire Reserve® comes with new bonus-point earning categories, as well as new point-earning rates. Here’s what’s changing:

• 8x points on all Chase Travel℠ purchases, replacing 5x points on flights and 10x points on hotels and car rentals booked through Chase Travel℠
• 4x points on flights and hotels booked direct, replacing 3x points on all travel

Here are the categories that are staying the same through the change process:

• 3x points on all dining purchases
• 1x point on all other purchases
• 5x points on Lyft rides through September 30, 2027

These new categories seem to be an improvement, as earning 4x points on flights and hotels booked directly, over 3x points on all travel, is an improved benefit for anyone who needs to book flights and hotels for their travel, and wants to avoid booking through Chase’s travel portal.

However, if you wanted to book a car rental directly with the car agency, you’d be out of luck with earning bonus points. With the old version of the card, you’d earn 3x points on all travel purchases booked with the Chase Sapphire Reserve®, which includes car rental reservations. The new card only earns bonus points for flights and hotels booked directly, meaning that you’ll need to go through Chase Travel℠ to book your car rental if you want to earn bonus points.

Additionally, all the new points you earn on or after October 26, 2025, are subject to Points Boost, which is a new program that allows you to maximize the value of your points when booking through Chase Travel℠.

Through October 26, 2027, any points that you earned prior to October 26, 2025, will be subject to either the redemption rate of 1.5 cents per point when using your points to book through Chase Travel℠, or Points Boost. This effectively means your points will always be worth between 1.5–2x when redeeming through Chase Travel.

However, beginning October 26, 2025, any points earned afterwards will be solely subject to Points Boost, where your points will be worth up to 2x when you book a hotel that’s part of The Edit℠, and when booking other hotels and flights with select airlines through Chase Travel℠. While this may sound like a good deal at first, your points will be worth only 1x if your desired booking doesn’t qualify for Points Boost.

This will most likely decrease the value of your points overall, as there is no guarantee that you will be able to redeem your points for a value greater than 1x. Luckily, any points you earn before October 26, 2025, will be grandfathered and subject to the better deal: Points Boost or the 1.5x base rate. However, this will only hold true until October 26, 2027, so make sure to redeem your points before then to ensure you’re getting the best value possible.

New Lifestyle Credits

The most substantial change of the Chase Sapphire Reserve® is the new credits that come with the card. With a higher annual fee means more credits to keep track of.

The new credits that are accessible starting October 26, 2025, including:

• $500 annual credit for hotel stays with The Edit℠
• $300 annual dining credit for dining at Sapphire Reserve Exclusive Tables restaurants
• $300 annual StubHub credit for entertainment purchases, such as concert or sporting events tickets
• $250 annual value through complimentary subscriptions to Apple TV+ or Apple Music

$500 Annual Hotel Credits for The Edit℠ by Chase Travel℠

One of the new benefits of the Chase Sapphire Reserve® is up to $500 in annual hotel credits for prepaid bookings made through The Edit℠ by Chase Travel℠.

The Edit℠ is an exclusive luxury hotel collection available only to Sapphire Reserve cardholders. It offers access to premium properties worldwide with elite-style perks such as complimentary breakfast, late checkout, room upgrades (when available), and on-property credits. Think of it as Chase’s version of American Express Fine Hotels + Resorts®.

The $500 credit is split into two $250 semi-annual statement credits:

• Up to $250 from January through June
• Up to $250 from July through December

A minimum two-night stay is required to qualify for the credit. Note that purchases made with this credit do not earn points, so it’s best to use your credits first before paying out-of-pocket for additional stays.

This perk may be more useful to frequent luxury travelers who already book high-end stays, but less so for travelers who prefer boutique or budget hotels. The two-night minimum can also be restrictive for shorter trips. Notably, Edit hotels are quite expensive, so you’ll have to look around and make sure it’s worth the $250 credit.

Complimentary IHG® Platinum Elite Status

Chase Sapphire Reserve® cardholders now enjoy complimentary IHG One Rewards Platinum Elite status through December 31, 2027.

Platinum Elite is IHG’s second-highest elite tier and includes perks like:

• Early check-in and late checkout
• Room upgrades (subject to availability)
• Welcome amenity at check-in
• Hertz Five Star® status via the Hertz Gold Plus Rewards® Status Match program

This is great for travelers who frequently stay at IHG brands such as InterContinental, Kimpton, and Holiday Inn.

Personally, I prefer staying at Hyatt properties since I can transfer my Chase points to World of Hyatt for outsized value, and Hyatt Globalist remains one of the best elite statuses in the industry. Still, for those loyal to IHG, this status match can unlock solid value without needing to meet stay requirements.

If you want to earn IHG Platinum status without the Reserve, the IHG One Rewards Premier Credit Card is another path worth considering.

$300 Annual Dining Credit

Another new feature of the Chase Sapphire Reserve® is up to $300 in annual dining credits through the Sapphire Reserve Exclusive Tables program.

This dining platform gives Reserve cardholders exclusive access to coveted reservations and culinary events at top restaurants nationwide, similar to Amex’s Global Dining Access by Resy or Capital One Dining.

The dining credit is split into two $150 semi-annual credits:

• Up to $150 from January through June
• Up to $150 from July through December

To use it, simply link your card to OpenTable and book through the Sapphire Reserve Exclusive Tables portal.

If you want a full walkthrough of how this works, check out our in-depth guide here. We’ve also built an interactive map with all the eligible restaurants available for booking that are part of the Sapphire Reserve Exclusive Tables program here.

Complimentary Apple TV+ and Apple Music Subscriptions

Chase is also adding up to $250 in annual value for Apple TV+ and Apple Music subscriptions.

• Apple TV+ offers a growing library of original shows, movies, and select live programming.
• Apple Music provides ad-free streaming, Dolby Atmos Spatial Audio, and curated playlists for millions of songs.

At current rates, this $250 credit can fully cover:

• A year of Apple TV+ ($99.99), and
• A year of Apple Music Individual Plan ($131.88)

While these perks are nice-to-haves, I probably wouldn’t get much personal value from them. I already get Netflix for free through my mobile carrier, and I’ve long preferred Spotify for music. Switching over would feel like too much hassle for me.

$300 Annual StubHub and Viagogo Credit

Finally, Chase is catering to entertainment lovers by offering up to $300 in annual credits toward StubHub and Viagogo purchases.

Both platforms allow users to buy and resell tickets to concerts, sports events, and live shows. As someone who loves attending concerts, this is a fantastic addition, as I’ve used StubHub multiple times in the past and will definitely take advantage of this perk.

Even if concerts aren’t your thing, this credit can still provide solid value for sporting events, theater, or comedy shows purchased through either site.

$10 Monthly Lyft Credit (Up to $120 Annually)

Through September 30, 2027, Sapphire Reserve cardholders receive a $10 monthly Lyft in-app credit, totaling up to $120 per year.

Simply link your Reserve card as your default payment method in the Lyft app to automatically receive the monthly credit.

This pairs perfectly with the card’s 5x points on Lyft rides through September 2027, making it a great way to save and earn on everyday transportation.

Final Remarks

The Chase Sapphire Reserve®’s upcoming transformation marks one of the most significant overhauls in the card’s history. With a dramatically higher annual fee and a suite of lifestyle credits, Chase is clearly repositioning the Reserve as a luxury “coupon card” that rewards those who maximize every benefit.

For frequent travelers and premium dining enthusiasts, the added perks, especially the $500 Edit℠ hotel credit, $300 dining credit, and complimentary IHG® Platinum status, can easily outweigh the increased cost if fully utilized. However, casual users or those who don’t regularly book through Chase Travel℠ or The Edit℠ may find it harder to extract equivalent value.

Before your renewal date, assess whether the new structure fits your lifestyle and spending habits. Redeem any existing points before October 26, 2027, to lock in the best value, and explore our dedicated guides for maximizing each new credit and benefit.

The Chase Sapphire Reserve® remains one of the most feature-rich travel cards available—just make sure it still fits you before that $795 annual fee hits.