This Popular Chase Sapphire Reserve Benefit has Cost Cardholders Upwards of $100 Million in Rewards

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The Chase Sapphire Reserve has been a long time favorite of the points and miles community. When it first launched in 2016, the 100k Ultimate Rewards sign up bonus was a sweet deal that made it an instant favorite.

Since then it has remained in the upper echelon of premium rewards cards. Chase recently increased the CSR annual fee from $450 to $550 and that led to multiple stories of travelers revisiting the card’s value proposition. The $100 increase in the annual fee was cushioned to a degree by the added LYFT and Door Dash benefits. This is on top of the other benefits that remained intact including Priority Pass Membership, 3x points on travel,…

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