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Kiplinger
Kiplinger
Business
Sean Jackson

Premium Rewards Cards: More Perks, Higher Fees

A woman using her credit card at a clothing boutique .

If you have a premium credit card, you may be paying significantly more for the privilege.

The annual fee for Chase Sapphire Reserve is rising to $795 — a $245 increase from the previous fee of $550 — while American Express is boosting the annual fee for The American Express Platinum Card® to $895, a $200 jump from the former $695 fee.

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