New Chase Sapphire Reserve Card Details Revealed, Launching June 23

New Chase Sapphire Reserve Card Details

New Chase Sapphire Reserve Card Details Officially Revealed

Chase revealed today the full details of the new new Chase Sapphire Reserve Card. It confirms about everything hat we already knew, including the $300 travel credit which remains. The new card will launch on June 23rd, but benefits for existing cardholders will be updated on October 26. Take a look at he details.

Important Dates

The new Chase Sapphire Reserve Card will launch on June 23, 2025.

If you’re an existing cardmember or applied for the card prior to June 23, 2025, your benefits and annual fee will remain unchanged through October 25, 2025.

As of October 26, 2025, you will get an additional $1,500+ in annual value with your Sapphire Reserve card. After this date, on your anniversary, your annual fee will adjust to $795 and each authorized user fee to $195.

Eligibility

A welcome change is that cardholders can now hold the Sapphire Reserve and Chase Sapphire Preferred® Card at the same time, TPG reports.

Chase is also rolling out new technology to inform would-be applicants “if they are not eligible for a bonus offer and given the choice to continue the application or cancel the application with no impact to their credit score.” This is similar to what American Express offers for new applicants.

Card Benefits

  • Annual Fee:
    • Primary cardholder: $795 (up from $550)
    • Authorized users: $195 (up from $75)
    • See details here.
  •  Earn:
    • 8x Chase Travel bookings for hotels, cars and flights
    • 5x total points on Lyft rides through Sept 30, 2027
    • 4x on hotels and flights booked direct
    • 3x points on dining at restaurants worldwide, including eligible delivery.
    • 1x on all other purchases.
  • New benefits:
    • $500 The Edit by Chase Credit: $250 in statement credits from January 1 through June 30 and up to $250 from July 1 through December 31 each calendar year. Qualifying purchases are when you or an authorized user of the account use the card for pre-paid “Pay Now” stays of 2 nights or more.
    • $300 Dining credit via Sapphire Reserve Tables ($150 semi-annual)
    • $300 StubHub credit ($150 semi-annual)
    • $300 DoorDash credit via $25/month
    • $120 DoorDash membership
    • Complimentary Apple TV+ and Apple Music
    • $120 Lyft credit via $10/month
    • $120 Peloton credit via 10x $10/month
    • Complimentary IHG® Platinum Elite status until December 21, 2027
    • Points Boost Program for Chase Travel bookings:
      • 2x on thousands of top-booked hotels
      • 2X on premium cabin tickets on select airlines
      • Points earned prior to 10/26/25 can be redeemed for 1.5x on Chase Travel through 10/26/27. Points earned after that can be redeemed for 1x.
  • Plus existing benefits:
    • $300 Travel Credit
    • TSA/Global Entry (up to $120 every 4 years)
    • Complimentary access to every Chase Sapphire Lounge by The Club with up to two guests, plus access to 1,300+ Priority Pass airport lounges worldwide. Also get access to select Air Canada Maple Leaf Lounges and Air Canada Cafés in the U.S., Canada and Europe with an eligible boarding pass.
  • After spending $75,000, you get:
    • $500 Southwest credit
    • Southwest A-List status
    • IHG One Rewards Diamond Elite Status
    • $250 credit for purchases at The Shops at Chase

You can see the full details here.

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