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Fortune
Fortune
Chris Morris

JPMorgan is hiking the annual fee for its new Sapphire Reserve card to $795 per year—a 45% jump

(Credit: Getty Images)
  • The annual fee on the Sapphire Reserve card is jumping 45% to $795 per year. With that increase comes a wave of new perks. JPMorgan Chase is looking to take a bigger share of the premium credit card market.

Carrying a Sapphire Reserve credit card in your wallet is about to get a lot more expensive

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