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When is the Chase Sapphire Reserve Annual Fee Charged

Feb. 09, 2017
2 min read
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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.

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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?

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