Chase Sapphire Reserve Annual Fee Refund

The annual fee on the sapphire reserve won t be going up for existing cardholders until your first renewal on or after april 1 2020 so if your annual fee comes due before that date you ll enjoy the new perks with the old annual fee 450 until your next renewal in 2021.

Chase sapphire reserve annual fee refund.

Your chase sapphire reserve account will receive one complimentary lyft pink membership for 12 consecutive months a minimum value of 199 when the membership is activated with a chase sapphire reserve card by 03 31 2022. 75 for each authorized user same page link to pricing and terms travel credit card rewards benefits 50 000 bonus points. Annual fee 550 annual fee same page link to pricing and terms. Lyft pink will be registered in the name of the primary cardmember or an.

But there s also a 450 annual fee that s not waived the first year. Here s who qualifies to have the 550 annual fee lowered to 450. Chase chase introduced a new policy of october 2016 regarding annual fee refunds. The chase sapphire reserve has fantastic benefits including a 100 000 point sign up bonus 300 annual travel credit and 3x points bonus on travel and dining purchases.

When you downgrade from the sapphire reserve use as much of the 300 travel credit as possible in the 30 day grace period to have your annual fee refunded. Received 150 prorated refund of the 450 annual fee upon product change to cfu. Ironically this 100 credit comes just weeks after chase increased the annual fee on the sapphire reserve by 100 from 450 to 550 essentially chase is postponing the annual fee hike for most by an additional year. This comes after chase raised the annual fee by 100.

Chase sapphire reserve cardholders may receive a 100 annual fee credit if their account renewal date is coming up. You now have a period of 30 days after your annual fee is billed to cancel and receive a refund. The sapphire reserve lounge access perk isn t worth much right now. Request a downgrade within 30 days of your annual fee posting to be eligible for a full refund.

It didn t seem to apply to business cards initially but there is now a data point indicating that it does. 4 12 months of complimentary lyft pink membership.