Overview
- Chase confirmed the change on its website after cardholders spotted notices in their accounts and on Reddit.
- The perk will stop applying to purchases on and after October 1, 2026, with disclosures appearing unevenly across accounts.
- The anniversary bonus credited points equal to 10% of base-rate spending over the prior year, so $20,000 in spend yielded about 2,000 points.
- Most users will see a small hit in value, as the card’s core earning rates and 1:1 point transfers to partners like Hyatt and United remain in place.
- As of now this is the only disclosed change to the $95 card, and it follows a Sapphire Reserve overhaul that raised that card’s annual fee to $795.