Chase Sapphire Sign Up Bonus Rules

Chase sapphire cards have a few application rules to be aware of.

Chase sapphire sign up bonus rules. American express once per lifetime rule means that you cannot receive the bonus from the same credit card twice. Citibank one bonus per family rule. The chase sapphire cards are affected by the chase 5 24 rule. Chase cards sign up bonus rules if you read the fine print on most chase credit card applications you ll see the bank makes their rules on signup bonuses fairly clear.

You can redeem the sign up bonus for 800 in cash back or 1 000 in travel by booking airfare hotel stays or car rentals through the chase s travel portal with no blackout dates. For example if you receive an intro bonus for the chase sapphire preferred in jan 2018 you would have to wait until jan 2022 to receive another chase sapphire bonus. 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 24 month period. You have to wait 48 months after earning the sign up bonus on.

Bank of america 2 3 4 rule restricts cardholders from applying for no more than two bofa credit cards every 2. Many of y all in the miles and points hobby are aware of the chase 5 24 rule wherein chase will not approve you for most of their cards if you ve opened five or more cards from any bank not counting certain business credit cards in the past 24 months but there are additional chase rules to be aware of. The card currently has a welcome bonus of 80 000 chase ultimate rewards points after spending 5 000 in the first 3 months after account opening. Chase just announced an elevated sign up bonus for one of its most popular travel credit cards the chase sapphire preferred card.

New cardholders will now earn 80 000 ultimate rewards points after spending 4 000 in the first three months of account opening. There is a 24 month rule that applies to all chase credit cards including those co branded with a frequent flyer program or hotel chain. The chase sapphire preferred card has a 80 000 points intro bonus after spending 4 000 on the card within the first 3 months of account opening. Intro bonus and eligibility.

Tpg values chase ultimate rewards points at 2 cents each which means this. Roughly one year ago chase instituted a new family rule for sign up bonuses on its sapphire line of credit cards. The second rule is you can t receive a welcome bonus on either chase sapphire card unless it s been 48 months since you received the last bonus. Here s a quick summary.