Chase Sapphire Reserve Is the Best Travel Credit Card, Once More

Ten years after the Chase Sapphire Reserve set off a luxury credit card arms race with a signing bonus and points-earning potential that instantly made it the best credit card for travelers, JPMorgan Chase & Co is rethinking almost every facet of its signature card.

Now costing $795 a year—up from $550, a change that will become effective on Oct. 26—the rebooted Chase Sapphire Reserve will be the most expensive premium card on the market. But it also promises to be the most rewarding, and, true to its origins, the best for earning points. (Unsurprisingly, American Express Co. is also updating its Platinum cards later this year.)