Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > New perks, $795 annual fee
Economy

New perks, $795 annual fee

Last updated: June 17, 2025 7:09 am
Share
New perks, 5 annual fee
SHARE

JPMorgan Chase is making a bold move with its revamped Sapphire Reserve card, despite a significant increase in the annual fee. The new $795 fee represents a 45% jump from its previous level, making it the largest price increase for the Sapphire since its launch in 2016. However, the bank is confident that the long list of new perks will justify the higher cost for affluent customers.

The updated card, set to launch on June 23, promises more than $2,700 in annual benefits. This includes a range of new benefits related to travel and dining, in addition to most of the existing perks. Some of the new offerings include a redemption program that doubles the value of points for select travel offers, a $500 annual credit at select hotels and resorts, and a $300 dining credit at exclusive restaurants within the Sapphire Reserve network.

Customers will also enjoy a $300 credit for purchases at StubHub or Viagogo, as well as complimentary subscriptions to Apple TV+ and Apple Music, valued at $250 per year. Those who spend at least $75,000 annually on their cards will unlock additional perks, such as top-tier status at Southwest Airlines and IHG Hotels and Resorts.

In addition to the consumer card, JPMorgan has introduced a new Sapphire Reserve business card with a $795 annual fee. This positions the bank in direct competition with American Express, which has offered a business version of its Platinum card for years.

JPMorgan’s move to upscale the Sapphire Reserve comes at a time when premium credit cards are becoming increasingly luxurious. While the $795 annual fee may deter some customers, the bank is banking on the value of the new perks to keep customers engaged and spending within the system. With Amex set to introduce updates to its Platinum cards later this year, the competition in the premium card market is heating up.

See also  Further Thoughts on The Nazi Officer's Wife

Ultimately, whether the Sapphire Reserve remains a compelling choice at $795 in annual fees will depend on how customers perceive the value of the new perks. With both JPMorgan and Amex adopting a subscription-like business model for their premium cards, it’s clear that these high-cost cards are targeted at a specific segment of customers who value the breadth of perks and benefits they offer.

TAGGED:AnnualfeePerks
Share This Article
Twitter Email Copy Link Print
Previous Article Worsening Wildfires Contribute to Increasingly Unaffordable Insurance and Housing Costs Worsening Wildfires Contribute to Increasingly Unaffordable Insurance and Housing Costs
Next Article British Reality TV Icon Kim Woodburn Dead at 83 British Reality TV Icon Kim Woodburn Dead at 83
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Democrats accused of hypocrisy over ‘hostage-taking,’ ‘ransom’ rhetoric in past shutdown fights

WASHINGTON — As Democrats find themselves demanding concessions during the latest budget negotiations, echoes of…

September 29, 2025

U.S. Open Cup round of 16 schedule: How to watch on CBS Sports and Paramount+ as MLS-heavy lineup competes

The U.S. Open Cup is heating up as the last 16 teams battle it out…

May 20, 2025

MOCA’s Geffen Contemporary Shutters Amid LA Protests 

The Geffen Contemporary at the Museum of Contemporary Art (MOCA) in Los Angeles has decided…

June 12, 2025

Dave Grohl Fans Furious He’s Fathering Baby Outside Marriage

Dave Grohl, the lead singer of Foo Fighters, has found himself in hot water after…

September 10, 2024

Watch Fed Chair Jerome Powell speak live on interest rates and tariffs

The Federal Reserve Chair, Jerome Powell, is scheduled to speak at the Society for Advancing…

April 6, 2025

You Might Also Like

3 Must-Buy Stocks Fueling the Data Center Surge
Economy

3 Must-Buy Stocks Fueling the Data Center Surge

October 31, 2025
Shake Shack returns to profit in Q3 2025
Economy

Shake Shack returns to profit in Q3 2025

October 31, 2025
Fresnillo signs agreement to acquire Probe Gold for 8m
Economy

Fresnillo signs agreement to acquire Probe Gold for $558m

October 31, 2025
Market analysts react to Trump-Xi meet
Economy

Market analysts react to Trump-Xi meet

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?