Chase Credit Card Changes

January 2020 Changes

Get a quick rundown on the January 2020 changes coming to Chase's lineup of Ultimate Rewards and cash back credit cards.


Several changes are coming to Chase's lineup of Ultimate Rewards Point and cash back earning cards. This mostly includes the inclusion of Lyft as a bonus category across all Chase credit cards as well as a few other benefits being added to specific cards that has to do with DoorDash. The popular Chase Sapphire Reserve will also be receiving a boost in annual fee from $450 to $550 which matches that of the AMEX Platinum Cards.

doordash benefits
DoorDash DashPass benefits.

Listed below is a quick rundown of the changes with each card. All of these changes will go into effect January 12th, 2020.

Chase Sapphire Reserve

  • Annual fee increase from $450 to $550
  • Addition of $60 annual DoorDash credit for 2020 and 2021
  • 2 Years of Complimentary DoorDash DashPass membership (normally $9.99 per month)
  • 10x Ultimate Rewards Points per $1 spent on Lyft
  • 1 Year of Complimentary Lyft Pink Membership (normally $19.99 per month)

Chase Sapphire Preferred

  • 5x Ultimate Rewards Points per $1 spent on Lyft
  • 2 Years of Complimentary DoorDash DashPass membership (normally $9.99 per month)

Chase Ink Business Preferred

  • 5x Ultimate Rewards Points per $1 spent on Lyft

Chase Freedom

  • 5% Cash Back per $1 spent on Lyft
  • 3 Months of Complimentary DoorDash DashPass membership (normally $9.99 per month)

Chase Freedom Unlimited

  • 5% Cash Back per $1 spent on Lyft

Chase Ink Business Cash

  • 5% Cash Back per $1 spent on Lyft

Chase Ink Business Unlimited

  • 5% Cash Back per $1 spent on Lyft

Chase Slate

  • 3 Months of Complimentary DoorDash DashPass membership (normally $9.99 per month)

As you can see, the Lyft-Chase partnership is in full swing. All Chase Ultimate Rewards Credit Card Point Calculators and Chase Cash Back Credit Card Point Calculators now reflect the 10x/5x earnings on Lyft as well as any other benefits mentioned above that are card specific. You can click on any of the cards below to calculate how many Ultimate Rewards Points or cash back you can earn with these new changes.

compare amex gold card

Chase Ultimate Rewards Points Calculators

Chase Cash Back Calculators

Chase Cash Back Credit Cards UR Point Calculators

If you own an Ultimate Rewards Point earning card, you can convert cash back to Ultimate Rewards Points. You can use the calculators below to calculate how many Ultimate Rewards Points you can earn with Chase's cash back credit cards.

Summary

Overall, the only changes that really has an impact are the changes to the Chase Sapphire Reserve. From what I've read across various boards, the $100 increase in fee is a negative to most people regardless of whether or not they use DoorDash and/or Lyft. When the pricing went up on the AMEX Platinum after the Uber Credits were added, it was the same reaction. In my opinion, there's still great value to be obtained out of having the Chase Sapphire Reserve. You can use the original Chase Sapphire Point Calculator to compare the old structure to the new structure.

All the other card changes are just additions of bonus points on Lyft and DoorDash DashPass benefits which are great consider there's no change in other perks/fees on any other cards.


If the changes to the Sapphire Reserve aren't to your pleasing and you're still looking to have at least one premium card, you have a few other options. You can use the calculators below to calculate the cash value of the other premium cards and compare them to the Chase Sapphire Reserve.


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