Chase Sapphire is going up to an annual fee of $550. Is it still worth it?

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This is not for all chase sapphires though right? Saltire preferred is still 99 a year right? The reserve is what got bumped to 550 correct?

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Correct

I just decided to downgrade and opened an Amex Gold. No longer travel enough to make the lounge access worth the cost

like

The redemption value is what has me questioning the downgrade.

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Nope. Product change to a Chase Freedom product, apply for CSP and for Amex Gold!

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Why product change to freedom instead of downgrading?

Nope, I’m downgrading

Not sure if this helps, but my annual fee just hit and I got another $100 rebate to lower the annual fee to $450.

That $100 rebate goes away next year

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