[Rumor] Chase To Increase Chase Sapphire Preferred Annual Fee To $150

Chase just increased the annual fee on the Chase Sapphire Reserve to $795. Currently the annual fee on the Chase Sapphire Preferred is $95 but according to a phone rep that reddit user dumbsaintmind spoke to this will be increasing to $150 on January 1, 2026. Unfortunately they also said that this change would come without any changes to the benefits. 

I would be somewhat surprised to see the annual fee to increase with zero change to benefits as usually card issuers like to make some changes alongside the annual fee increase to obfuscate the increase. We haven’t heard from any of our sources at Chase regarding this change as of yet, but if we do we will update the post.