Chase Sapphire Sign Up Bonus Rules

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.

Chase sapphire sign up bonus rules.

New cardholders will now earn 80 000 ultimate rewards points after spending 4 000 in the first three months of account opening. Roughly one year ago chase instituted a new family rule for sign up bonuses on its sapphire line of credit cards. Bank of america 2 3 4 rule restricts cardholders from applying for no more than two bofa credit cards every 2. 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 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. Chase just announced an elevated sign up bonus for one of its most popular travel credit cards the chase sapphire preferred card. 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. Here s a quick summary.

Intro bonus and eligibility. The chase sapphire cards are affected by the chase 5 24 rule. 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 say you open the sapphire reserve use it for a year and decide that you don t quite get 550 worth of benefits.

Tpg values chase ultimate rewards points at 2 cents each which means this. Citibank one bonus per family rule. American express once per lifetime rule means that you cannot receive the bonus from the same credit card twice. Chase sapphire 48 month rule in addition to the one sapphire rule you can only receive an intro bonus to a chase sapphire card once every 48 months 4 years.

You have to wait 48 months after earning the sign up bonus on. 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 sapphire cards have a few application rules to be aware of.