<ul data-eligibleForWebStory="true">Chase Sapphire Reserve card is undergoing a revamp with new perks and an increased annual fee of $550.Big spenders who reach $75,000 in a calendar year can unlock additional benefits.New earning rates for the card have been introduced.The 50% bonus on travel bookings made through Chase Travel is being replaced with a Points Boost feature.Only select flights and hotels booked through Chase Travel are eligible for Points Boost.The annual fee for the Sapphire Reserve has increased by $245 to $550, and authorized user cards now cost $195.New applicants will have access to the new benefits and increased annual fee, while existing card members will get these changes on October 26, 2025.Existing card members' annual fee will increase on their next anniversary date after October 26.Deciding if the revamped Sapphire Reserve is worth it involves analyzing your spending and travel plans.Math and careful consideration of benefits can help determine if the new Chase Sapphire Reserve is a good fit for your wallet.