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Chase confirms refreshed Sapphire Reserve, new business card coming soon

June 09, 2025
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3 min read
Chase Sapphire Lounge San Diego
Chase confirms refreshed Sapphire Reserve, new business card coming soon
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It's been rumored for months, and the day is nearly here.

Chase confirmed Monday that it will launch a fully refreshed Chase Sapphire Reserve® card and an all-new business version of the Sapphire Reserve card in the coming weeks.

The official timeline is "this summer," which kicks off Friday, June 20.

The issuer launched a marketing campaign around New York City on Monday to tease the new cards, and it also took to its social media channels to show off a picture of the newly designed Sapphire Reserve card, which admittedly looks far more premium than the existing version.

It's possible that Chase might be ready to launch the cards right at the start of the summer season to capitalize on all the buzz around summer travel — especially since the card design is finalized — but we'll have to wait and see when the cards actually launch.

Furthermore, the issuer wouldn't tease any further details about the changes coming to the popular Sapphire Reserve card, nor would it mention what's coming with the Sapphire Reserve business card — but if you've been following the rumors, you might be gearing up for some big changes.

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To start, all indicators point to an annual fee increase. Right now, the Sapphire Reserve charges a $550 annual fee, but card refreshes tend to come with fee hikes.

Of course, we'll have to wait and see the full details to know whether the Reserve's fee will surpass the annual fees on the top-of-the-line credit cards from Capital One ($395 on the Capital One Venture X Rewards Credit Card) and American Express ($895 on The Platinum Card® from American Express; see rates and fees).

We've also seen a trend with Chase and other issuers updating cards with new lifestyle perks and statement credits to offset fee increases, and we'll find out sooner rather than later whether that strategy is a core part of this refresh and new card launch.

For those who currently hold the Sapphire Reserve or are considering signing up for a new one, I'd recommend waiting to see what Chase announces before making any moves. Card issuers typically give users at least a few days to consider a new package of benefits before rolling out major changes, and I'd be surprised if Chase announced the new cards without giving any heads-up to existing users.

New cards will also likely usher in new welcome bonuses, so we'll be keeping our eyes peeled for what Chase has up its sleeve this summer.

Related reading:

For rates and fees of the American Express Platinum card, click here.

Featured image by ZACH GRIFF/THE POINTS GUY
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.

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  • Intro Offer

    As High As 100,000 points. Find Out Your Offer.

  • Annual Fee

    $325

  • Recommended Credit

    Excellent to Good

Why We Chose It

There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)

Pros

  • 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
  • 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
  • Packed with credits foodies will enjoy
  • Solid welcome bonus

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
  • Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
  • Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
  • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
  • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.