A coveted travel card, the Sapphire Reserve, offers access to a world of exclusive rewards and benefits. Its appeal lies in the substantial value of the Chase Ultimate Rewards points it earns, unlocking extraordinary travel experiences.
Currently, a remarkable opportunity exists for new applicants: a potential welcome bonus of up to 175,000 points after $6,000 in spending within the first three months. This elevated offer, available only through a pre-qualification check, represents a significant value – potentially exceeding $3,500 based on recent valuations.
However, eligibility for this bonus isn’t guaranteed. Chase carefully considers your history with their cards, including previously earned bonuses and the number of cards you’ve opened and closed.
Holding both the Sapphire Reserve and the Sapphire Preferred is permitted, but previous bonus earners are typically ineligible for another on the same card. Even years after receiving a bonus, re-earning on that specific Sapphire card is unlikely.
If you currently hold the Sapphire Preferred, applying for the Reserve might lead to approval without the bonus. Conversely, if you’ve previously enjoyed a Reserve bonus, a new Preferred application may also be ineligible for a welcome offer.
Before submitting an application, a discreet tool will reveal your bonus eligibility without impacting your credit score. This pre-approval check is the definitive way to know where you stand.
Beyond bonus eligibility, Chase’s “5/24 rule” is a critical factor. This rule restricts approval if you’ve opened five or more credit cards from any bank within the past 24 months, including authorized user accounts.
Many business cards are exempt from the 5/24 rule, offering a potential pathway for approval. Staying under this limit is essential for both application approval and bonus qualification.
If your application faces hurdles due to existing credit limits, the Chase reconsideration line (888-270-2127) may be able to shift credit from other Chase cards, increasing your chances of approval.
The ability to upgrade or downgrade between Sapphire products provides flexibility, but remember that earning a bonus more than once on the same card is generally not possible.
The Sapphire Reserve stands out as a premium travel card, offering substantial rewards, valuable benefits, and robust travel protections. It’s a powerful tool for those seeking to elevate their travel experiences.
Checking your eligibility through the pre-qualification tool is the first step. Discovering whether you qualify for the exceptional welcome bonus is a simple process that could unlock a world of travel possibilities.
