Chase is offering a 100,000-point welcome bonus on its Sapphire Preferred card, available to applicants who spend $5,000 on purchases within the first three months of account opening. The promotion expires on July 30 at 3 p.m. ET, making this the final opportunity for new applicants to secure the high-value reward.
Cardholders of the Sapphire Reserve may wonder whether the bonus remains accessible. The answer is affirmative: if a Reserve holder has never previously held a Sapphire Preferred card or earned its welcome bonus, they can still qualify for the Preferred offer.
Authorized users of a Sapphire Preferred account also retain eligibility, provided they have not served as the primary cardholder on that account. This allows individuals who have only been secondary users to benefit from the bonus.
Key eligibility requirements include compliance with Chase’s 5/24 rule, meaning no five or more new credit card issuances in the past 24 months. Applicants must not currently hold a Sapphire Preferred account, must not have previously earned its bonus, and should have a credit score of at least 670 to improve approval prospects.
While most former Sapphire Preferred holders are ineligible for a second bonus, certain circumstances may allow exceptions. The primary criteria remain a lack of prior ownership or bonus receipt and adherence to the 5/24 rule.
In summary, the Sapphire Preferred bonus remains available to those who have never held the card or earned its welcome offer, regardless of current Reserve status. Applicants should verify their eligibility, meet the spending threshold, and submit an application before the July 30 deadline to claim the 100,000 points.
