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Chase Sapphire Reserve Fees go to $550 - New Perks anounced

-39 Deal Score
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New Cardmember Agreement - https://www.chase.com/content/fee...L00083.pdf

The annual fee will increase from $450 to $550

The higher fee will apply for new applicants as of Sunday, Jan. 12, 2020

The higher fee will apply for renewals as of Wednesday, Apr. 1, 2020

Cardholders will be eligible for one free year of Lyft Pink (valued at $19.99 per month)

Spending on Lyft will get 10 points per $

Cardholders will receive $60 in annual DoorDash statement credits in 2020

Cardholders will receive $60 in annual DoorDash statement credits in 2021

All new benefits will begin Sunday, Jan. 12, 2020
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Created 01-08-2020 at 12:18 PM by Slayer.I.Am
in Finance
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Joined Oct 2015
L5: Journeyman
> bubble2 512 Posts
130 Reputation
05boost
01-08-2020 at 12:20 PM.
01-08-2020 at 12:20 PM.
Mods can we join this, the doordash thread, and the Lyft thread together. Most questions already answered in those threads.
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Joined Nov 2012
L3: Novice
> bubble2 218 Posts
34 Reputation
mualam
01-08-2020 at 12:21 PM.
01-08-2020 at 12:21 PM.
Reply
Joined Aug 2007
heartless
> bubble2 9,250 Posts
5,728 Reputation
noungning
01-08-2020 at 12:27 PM.
01-08-2020 at 12:27 PM.
Is there an official link yet or just blogs?
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Joined Feb 2009
L6: Expert
> bubble2 2,561 Posts
433 Reputation
brettatk
01-08-2020 at 12:31 PM.
01-08-2020 at 12:31 PM.
Will the $60 credit for Doordash be given from Doordash or Chase? I don't see that mentioned anywhere on the Chase site or Doordash site.
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Joined Apr 2019
L3: Novice
> bubble2 552 Posts
95 Reputation
CalmTable947
01-08-2020 at 12:32 PM.
01-08-2020 at 12:32 PM.
Yup, canceling this
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Joined May 2013
L3: Novice
> bubble2 223 Posts
45 Reputation
YiY3840
01-08-2020 at 12:34 PM.
01-08-2020 at 12:34 PM.
Cancelling
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Joined Oct 2015
L5: Journeyman
> bubble2 512 Posts
130 Reputation
05boost
01-08-2020 at 12:35 PM.
01-08-2020 at 12:35 PM.
Quote from noungning :
Is there an official link yet or just blogs?
https://www.chase.com/content/feed/public/creditcards/cma/Chase/COL00083.pdf
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Joined Dec 2015
New User
> bubble2 1 Posts
10 Reputation
Streekerqwerty
01-08-2020 at 12:38 PM.
01-08-2020 at 12:38 PM.
Why are they calling this doordash credit $120? It's $60 in 2020 and $60 in 2021. That sounds like $60 credit to me. This works similarly to the $300 travel credit (which they do not call $600).

Edit: Perhaps the DoorDash credit is not an annual credit but will only be given in 2020 & 2021?
Reply
Joined Feb 2009
L8: Grand Teacher
> bubble2 3,484 Posts
265 Reputation
sdaddict001
01-08-2020 at 12:39 PM.
01-08-2020 at 12:39 PM.
So sad to see this change. I hope enough people cancel so that they realize what a stupid decision this was. Luckily I'll be able to keep the card until almost end of 2020 (AF gets charged in December) but definitely not renewing the card at 550.
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Joined Aug 2007
heartless
> bubble2 9,250 Posts
5,728 Reputation
noungning
01-08-2020 at 12:40 PM.
01-08-2020 at 12:40 PM.
Quote from 05boost :
https://www.chase.com/content/feed/public/creditcards/cma/Chase/COL00083.pdf
I'm talking about the credits and new "perks".
Reply
Joined Aug 2007
heartless
> bubble2 9,250 Posts
5,728 Reputation
noungning
01-08-2020 at 12:42 PM.
01-08-2020 at 12:42 PM.
Quote from Streekerqwerty :
Why are they calling this doordash credit $120? It's $60 in 2020 and $60 in 2021. That sounds like $60 credit to me. This works similarly to the $300 travel credit (which they do not call $600).

Edit: Perhaps the DoorDash credit is not an annual credit but will only be given in 2020 & 2021?
Yes, seems like all of these new things will be a 1 time deal and be gone after they raised the fee.
Reply
Joined Jan 2011
L5: Journeyman
> bubble2 620 Posts
54 Reputation
betterthanhalf
01-08-2020 at 12:42 PM.
01-08-2020 at 12:42 PM.
I use both so I'm cool with this
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Joined Nov 2011
L6: Expert
> bubble2 1,667 Posts
840 Reputation
Ray97
01-08-2020 at 12:42 PM.
01-08-2020 at 12:42 PM.
Thumbdown
Reply
Joined Mar 2013
L7: Teacher
> bubble2 2,513 Posts
723 Reputation
giantbruin
01-08-2020 at 12:42 PM.
01-08-2020 at 12:42 PM.
Will keep it for one year but then will cancel since Lyft Pink membership is only for 1 year.
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