Chase suspending Sapphire Reserve upgrades until higher fee kicks in

Jan. 09, 2020

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2 min read

Chase suspending Sapphire Reserve upgrades until higher fee kicks in

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Update 1/9/20: Chase has clarified that upgrades won't be available until Jan. 13, rather than Jan. 12, as previously reported.

Well, I'm not exactly thrilled to be sharing this news, but hopefully it'll save you some time on the phone.

A number of readers have pointed out that Chase representatives are currently unable to upgrade customers from the Chase Sapphire Preferred Card to Chase Sapphire Reserve, and the issuer has confirmed that is indeed the case — officially, Chase will not allow Sapphire Reserve upgrades until Monday, Jan. 13, which is the day after the fee increases to $550 per year.

Unfortunately for Chase Sapphire Preferred cardholders, the issuer only allows customers to hold one Sapphire card — if you want the Reserve and already have Preferred, you'll need to wait until Monday to upgrade.

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Regardless of when you apply (or upgrade), beginning Jan. 12, all cardholders will have the following new benefits:

One free year of Lyft Pink (valued at $19.99 per month)
$60 in annual DoorDash statement credits in 2020
$60 in annual DoorDash statement credits in 2021

That's in addition to the following perks, plus a whole lot more:

Up to a $300 annual travel credit
Lounge access via a Priority Pass Select membership
DashPass membership for a minimum of one year

Featured image by (Photo by Wyatt Smith/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.