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JPMorgan announces Chase Sapphire reserve card perks, $795 annual fee

JPMorgan (JPM) is giving its premium credit card a refresh, saying that the Chase Sapphire Reserve will get new perks, including a new points redemption program for travel and a $500 annual credit toward select hotels and resorts. The card is also getting a new annual fee of $795, Chase said. JPMorgan also introduced a new Sapphire Reserve business card with a $795 annual fee and similar perks as the consumer card.

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