With that being said here s what you can do if you have a chase sapphire preferred card but feel the.
Chase sapphire reserve bonus if already have preferred.
Previously it was possible to sign up for both the sapphire preferred and sapphire reserve cards in order to get both signup bonuses.
The reserve card has a 50 000 point sign up bonus which is currently 30 000 points less than the chase sapphire preferred card.
With the new rules if you already have multiple sapphire cards you can keep them.
Chase has added temporary enhancements to both the sapphire reserve and sapphire preferred cards as follows.
Doctor of credit has published a memo that chase sent out to their employees which stated that as of yesterday customers can no longer sign up for a second sapphire card.
Already have multiple chase inks set up to pay almost all of these so this would be a bit of an effort just for 1 500 ur 0 015 per point minimum 22 50.
As of this writing the chase freedom card still offers a 150 bonus 15 000 ultimate rewards points after 500 in spend in the first 3 months of account opening to new applicants who haven t received a bonus within 24 months no longer open to new applicants as does the chase freedom unlimited.
Chase today announced some awesome summer bonuses for the chase sapphire reserve and preferred cards.
You may also be able to find sapphire reserve referral links from other current csr cardholders with the old 24 month restriction.
Sapphire reserve is broadening your world of benefits.
The chase sapphire preferred card now comes with a bonus of 80 000 points after spending 4 000 in 3 months.
Until 30 september 2020 the chase sapphire preferred credit cardoffers special bonuses for spending at gas stations select streaming services and instacart just like the reserve card but the enhanced earnings aren t quite so good.
However if you think you can get more value out of the sapphire reserve s perks and increased earning it s definitely worth considering the chase sapphire reserve instead.
Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.
Chase has a 48 month rule on receiving new cardmember bonuses within the chase sapphire family.
So if you ve earned a chase sapphire preferred or chase sapphire reserve bonus in the past four years you re out of luck to earn this bonus until you ve passed the 48 month mark.
Why apply for the chase sapphire reserve.
With the pay yourself back tool your ultimate rewards points are worth 50 more when you redeem them for statement credits against purchases in our current categories.
These are some great enhancements that particularly enhance the value of the csr over the coming months.
Does it make sense to apply for the chase sapphire reserve over the sapphire preferred.