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I was beyond thrilled when I (finally) got approved for the Chase Sapphire Reserve card in January just before the online sign-up bonus dropped from 100,000 points to 50,000 points after $4,000 spent within the first 3 months. Of course I started spending on the card as soon as it arrived both to work towards the spending requirement to trigger the 100,000 sign-up bonus points, and to start taking advantage of the 3x transferable Ultimate Reward points it earns on travel and dining charges.

As you may already know, the Sapphire Reserve comes with a pretty hefty $450 annual fee that I know is worth it for me thanks to the 100,000 sign-up bonus points, the $300 in annual travel credits, Priority Pass membership that allows for free guests, and more, but there’s no doubt that paying the annual fee is something you may need to budget for.

I assumed the Sapphire Reserve’s annual fee would be charged to my account relatively quickly after it was opened, but at the end of my first statement it still wasn’t there. A small part of me started to hope they had forgotten to tack on that fee, but of course I wasn’t quite that lucky.

When is the Chase Sapphire Reserve Annual Fee Charged?

Ultimately the Chase Sapphire Reserve annual fee was charged on my second statement, roughly a month after I opened the account. By this point I had made use of the $300 travel credit, making the $450 fee hurt a bit less to our monthly budget. I can’t promise the timing will work that way for everyone, but since $450 can be a non-trivial amount to budget for, I wanted to share my experience as to when it was charged. While we are on the topic, also remember that fees charged by your credit card, such as the annual fee, do not count towards the spending required to trigger the sign-up bonus, so don’t accidentally miss out by counting that $450 towards the needed $4,000 in the first three months.

When was the annual fee first charged on your Chase Sapphire Reserve?

Know before you go.

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Chase Sapphire Reserve®

This is one of the top premium cards out there since you earn 3x on all travel (excluding $300 travel credit) and dining and have access to great perks like a $300 travel credit each cardmember year, 50% more value when you redeem points for travel through Chase Ultimate Rewards and you get elite travel benefits like Global Entry application fee rebate, Priority Pass Select and special rental car privileges.

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More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Named "Best Premium Travel Credit Card" for 2018 by MONEY® Magazine
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
  • Up to $100 application fee credit for Global Entry or TSA Pre✓®
Intro APR on Purchases
Regular APR
19.24% - 26.24% Variable
Annual Fee
Balance Transfer Fee
Either $5 or 5% of the amount of each balance transfer, whichever is greater
Recommended Credit
Excellent Credit

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