JPMorgan Chase announced that its annual fee for its Sapphire Reserve credit card will increase by around 45%.

Chase Sapphire Reserve is changing significantly. Here’s what’s new, what’s staying the same and how it affects your rewards.

JPMorgan Chase is hiking the annual fee of its popular Sapphire Reserve credit card by 45% as part of a major overhaul to attract high-spending millennials.

The new Sapphire Reserve card offer exciting perks for consumers, but the price hike may not go well with the middle class ...