The Chase Sapphire Preferred® Card (see rates and fees), Chase Sapphire Reserve® (see rates and fees) and Chase Sapphire Reserve for Business℠ (see rates and fees) usually provide among the most valuable welcome bonuses obtainable on a travel credit card — however not each applicant will qualify to earn them.
Chase has a number of guidelines that may have an effect on your eligibility for a Sapphire welcome bonus, together with its 5/24 coverage, restrictions on beforehand incomes Sapphire bonuses and basic approval necessities.
Use this guidelines to find out whether or not you are eligible for a Chase Sapphire welcome bonus earlier than you apply.
Present welcome bonus provides on Chase Sapphire playing cards
| Card | Annual charge | Welcome provide | Welcome provide worth* |
|---|---|---|---|
|
$95 |
Earn 75,000 bonus factors after spending $5,000 on purchases within the first three months from account opening. |
$1,538 |
|
|
$795 |
Earn 150,000 bonus factors after spending $6,000 on purchases within the first three months from account opening. |
$3,075 |
|
|
$795 |
Earn 150,000 bonus factors after spending $20,000 on purchases throughout the first three months from account opening. |
$3,075 |
*Welcome provide worth is an estimated worth primarily based on TPG’s Could 2026 valuations and isn’t offered by the issuer.
Are you beneath Chase’s 5/24 rule?
The primary main hurdle to clear for Sapphire candidates is Chase’s well-known 5/24 rule.
Generally, Chase might robotically deny your software in case you’ve opened 5 or extra private bank cards throughout all issuers throughout the previous 24 months.
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Most business cards don’t rely towards your 5/24 complete, although licensed consumer accounts can typically seem in your credit score report and have an effect on your rely.
In case you are over 5/24, you may need to wait to use for a Sapphire card as you doubtless will not qualify for the welcome bonus, and Chase should carry out a tough inquiry in your credit score report.
How you can test your 5/24 standing
The simplest option to calculate your 5/24 standing is by reviewing your credit score report.
You’ll be able to create a free Experian account or request free stories from every credit score bureau to see which bank cards you’ve got opened, after they had been opened and whether or not they fall throughout the previous 24 months.
In case you’ve opened 4 or fewer playing cards inside that timeframe, you may transfer on to the following eligibility requirement.
Associated: The best ways to use your Chase 5/24 slots
Have you ever earned this Sapphire welcome bonus earlier than?
One other vital issue is whether or not you’ve got beforehand earned a welcome bonus on the particular Sapphire card you are making use of for.
Generally, Chase restricts candidates from incomes the identical Sapphire welcome bonus greater than as soon as. Meaning:
Nonetheless, incomes a bonus on one Sapphire card doesn’t essentially stop you from incomes the bonus on a completely different Sapphire product.
For instance, a Sapphire Most well-liked cardholder who has by no means earned the Sapphire Reserve bonus should qualify for the Sapphire Reserve welcome provide. Equally, candidates who’ve earned a shopper Sapphire bonus should be eligible for the Sapphire Reserve for Enterprise bonus (in the event that they in any other case qualify).
Chase may show a pop-up message throughout the software course of, confirming whether or not you are eligible for a Sapphire welcome bonus earlier than performing a tough inquiry in your credit score report. In case you’re not eligible, you may sometimes have the choice to withdraw your software earlier than submitting it.
Earlier than making use of, it is value reviewing your Chase account historical past or previous statements to substantiate whether or not you’ve got beforehand acquired the bonus on that particular Sapphire card.
Associated: Chase Sapphire Preferred vs. Sapphire Reserve: Which card is right for you?
Do you have to downgrade your present Sapphire card?
In lots of circumstances, you might not have to downgrade your present Sapphire card earlier than making use of for one more Sapphire product.
Nonetheless, downgrading may nonetheless make sense if:
Well-liked downgrade choices embody the Chase Freedom Flex® (see rates and fees) and the Chase Freedom Unlimited® (see rates and fees).
Earlier than making any product change, evaluate the worth of your present Sapphire advantages, annual charge and rewards construction in opposition to the cardboard you are contemplating as a substitute.
The data for the Chase Freedom has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
Associated: When should you downgrade a credit card?
Do you could have the beneficial credit score rating for a Sapphire card?
Assembly Chase’s bonus eligibility guidelines does not assure approval.
All three Sapphire playing cards are thought of premium travel rewards cards, and approval odds are usually greatest for candidates with:
- Good to glorious credit score
- Low credit score utilization
- Robust cost historical past
- Manageable debt-to-income ratios
Based mostly on crowdsourced approval knowledge, the Sapphire Most well-liked usually requires a credit score rating of round 670 or greater, and the Sapphire Reserve sometimes favors candidates with scores nearer to 740 or above.
As a result of the Sapphire Reserve is a Visa Infinite card, accredited candidates usually have to qualify for a credit score line of no less than $10,000.
When you have restricted credit score historical past or a decrease credit score rating, it might make sense to begin with a extra beginner-friendly card and construct your credit score profile earlier than making use of for a Sapphire card.
Associated: The biggest factors that affect your credit score
Backside line
Earlier than making use of for a Chase Sapphire card, it is value checking your 5/24 standing, your earlier Sapphire bonus historical past and your general credit score profile.
Reviewing these necessities beforehand will help you keep away from losing a tough inquiry in your credit score report and enhance your probabilities of incomes a beneficial Sapphire welcome bonus.
To study extra, learn our full opinions of the Chase Sapphire Preferred, Sapphire Reserve and Sapphire Reserve for Business.
Apply right here: Chase Sapphire Preferred
Apply right here: Chase Sapphire Reserve
Apply right here: Chase Sapphire Reserve for Business
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