When is the Chase Sapphire Reserve Annual Fee Charged

Feb 9, 2017

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

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?

2020 TPG Award Winner: Premium Card of the Year
Chase Sapphire Reserve

SIGN-UP BONUS: 50,000 Points


CARD HIGHLIGHTS: 3X points on all travel and dining, $300 annual travel credit, points transferrable to over a dozen travel partners.

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
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®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on air travel and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
  • 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
  • With Pay Yourself Back(SM), your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more
Regular APR
17.24% - 24.24% Variable
Annual Fee
Balance Transfer Fee
Either $5 or 5% of the amount of each balance transfer, whichever is greater
Recommended Credit

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.