Chase · Personal card
J.P. Morgan Reserve Card
The J.P. Morgan Reserve Card has a $795 annual fee and up to $480 a year in statement credits, across two credits. One of the two J.P. Morgan Reserve Card credits needs a one-time enrollment before any spending counts, and Chase will not apply it retroactively.
- Annual fee
- $795
- Charged on your account anniversary
- Credits a year
- Up to $480
- 2 statement credits, used in full
- Need enrollment
- 1 of 2
- Credits. Enroll before you spend
Every credit, and when it resets
Amounts are per period. The last column is what each credit adds up to in a year if you use it every time.
| Credit | Amount | Resets | A year |
|---|---|---|---|
| Annual travel credit$300 a year. On your account anniversary, not January 1 | $300 a year | On your account anniversary, not January 1 | $300 |
| Monthly DoorDash promoEnroll first$15 a month. On the 1st of each month | $15 a month | On the 1st of each month | $180 |
| Total a year, if you use every credit | $480 |
What people get wrong
- Enrollment comes first. One benefit needs a one-time enrollment. Spend before you enroll and nothing posts, because Chase will not apply a credit retroactively.
- Not every credit resets in January. At least one resets on your account anniversary. Most people assume the calendar year.
- Nothing rolls over. Whatever is unused when a period ends is gone, so a monthly credit missed in March can't be used in April.
Questions about the J.P. Morgan Reserve Card
What is the annual fee on the J.P. Morgan Reserve Card?
$795 a year, charged each year on your account anniversary.
How much are the J.P. Morgan Reserve Card credits worth?
Up to $480 a year if you use all two statement credits in full. The largest: Annual travel credit ($300) and Monthly DoorDash promo ($180).
Which J.P. Morgan Reserve Card benefits need enrollment?
One of the two: Monthly DoorDash promo. Enroll before you spend, because Chase will not apply a credit retroactively.
When do the J.P. Morgan Reserve Card credits reset?
Monthly credits reset on the 1st of each month. Annual travel credit resets on your account anniversary, not January 1. Unused credit does not roll over.
Is the J.P. Morgan Reserve Card worth the $795 fee?
Not on credits alone: they add up to $480, $315 less than the fee. Rewards on spending and other benefits would have to make up the rest.
What points does the J.P. Morgan Reserve Card earn?
Chase Ultimate Rewards points, worth about 1.78 cents each in a typical redemption.
