JPMorgan Chase announced that its annual fee for its Sapphire Reserve credit card will increase by around 45%.

Credit card issuers are trying to attract more higher-end customers with the promise of more rewards. But there’s a catch: ...

BofA says American Express (NYSE:AXP) may significantly raise the annual fee for its Platinum card following a major fee hike by rival JP Morgan Chase’s Sapphire Reserve offering. JPMorgan Chase (NYSE ...