Chase clamps down hard on sapphire bonus rules.
Chase sapphire bonus 48 months.
Until recently consumers were eligible to receive another bonus from the chase sapphire family of credit cards if they have not received that bonus in the last 2 years.
If you are an existing sapphire customer and would like this product please call the number on the back of your card to see if you.
Milevalue s chase sapphire preferred link leads to an application that still has the 24 month language as opposed to the new 48 month language which is on the public application.
Roughly one year ago chase instituted a new family rule for sign up bonuses on its sapphire line of credit cards.
And at least 48 months must have passed since you last received a new cardholders bonus for the sapphire preferred or sapphire reserve card.
Not be a current chase sapphire preferred cardholder.
Chase just released its highest ever welcome bonus.
Don t freak out yet.
Not be a current chase sapphire reserve cardholder.
Moving forward you ll have to wait 48 months after earning the sign up bonus on a chase sapphire card before you can earn it again on another.
And keep in mind that the 48 month rule applies to when you received the bonus not necessarily when you applied for the card.
Rather than having its standard 24 month clock apply to each individual card the issuer deemed that having received a bonus on either the chase sapphire preferred card or the chase sapphire reserve meant you couldn t get the bonus on the other sapphire card for the same.
Eligible new chase sapphire preferred card applicants can earn 80 000 bonus points after spending 4 000 on purchases in the first three.
The clock started ticking when the bonus was earned not when a cardholder was approved for the credit card.
The chase sapphire preferred and sapphire reserve cards have updated their signup bonus limitation from being once every 24 months to once every 48 months hat tip to uscreditcardguide the sapphire family rule limitation is in place as before whereby all sapphire cards are counted as one to limit you further in getting more bonuses.
The product is not available to either i current cardmembers of any sapphire credit card or ii previous cardmembers of any sapphire credit card who received a new cardmember bonus within the last 48 months.
If your spouse partner or other trusted person is eligible.
We let you know some bad news earlier this week.
For most chase cards you re not eligible to earn a bonus if you currently have the card or have received a new cardmember bonus for the card in the past 24 months exception the chase sapphire cards require 48 months after earning a bonus on any sapphire card.