Chase lately launched the Chase Sapphire Reserve for Enterprise℠ (see charges and costs), a premium journey card designed for small-business homeowners. In the meantime, the Chase Sapphire Reserve® (see charges and costs) — a flagship card in Chase’s journey portfolio — has seen some thrilling updates.
Fortuitously, Chase permits cardholders to carry a private and a enterprise Sapphire product on the similar time. Meaning the Sapphire Reserve and the brand new Sapphire Reserve for Enterprise can share an area in your pockets, which raises a query: Are you able to apply for each on the similar time — and earn each welcome provides?
With beneficiant welcome provides at present on the desk for these two Sapphire playing cards, it is a tempting thought.
The Sapphire Reserve (private) is providing 100,000 factors plus a $500 Chase Journey℠ credit score after you spend $5,000 within the first three months of account opening. In the meantime, the most recent Sapphire product (enterprise) is providing a large 200,000 bonus factors after you spend $30,000 within the first six months of account opening.
So what is the catch? Sure, you can apply for each, however you may have to navigate a number of key guidelines and timing concerns. Let’s break it down.
How does the Sapphire Reserve evaluate to the Sapphire Reserve for Enterprise?
Whereas the Sapphire Reserve and the brand new Sapphire Reserve for Enterprise share a reputation and a $795 annual price, they’re designed for various cardholders and provide distinct methods to earn and maximize rewards.
Each playing cards embrace premium journey advantages like a $300 annual journey credit score, entry to Chase Sapphire and Precedence Cross Lounges, and enhanced level redemption charges via Chase Final Rewards. However the important thing variations lie in the way you earn factors.
The private Sapphire Reserve is a powerful match for foodies and frequent vacationers, providing 3 factors per greenback spent on eating, 4 factors per greenback on flights booked instantly via the airline, and eight factors per greenback on all Chase Journey purchases
In the meantime, the enterprise model is tailor-made to entrepreneurs and small-business homeowners. It provides 3 factors per greenback spent on social media and search engine promoting, 5 factors per greenback spent on Lyft (via Sept. 2027), and as much as $500 in resort credit yearly when reserving via The Edit by Chase Journey.
Every day Publication
Reward your inbox with the TPG Every day e-newsletter
Be part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s consultants
Are you able to earn the welcome provide on each the Sapphire Reserve and Sapphire Reserve for Enterprise playing cards?
Till lately, the reply to this was “no”; nevertheless, Chase has lately up to date its guidelines relating to bonus eligibility. Beforehand, you can solely earn one Sapphire welcome bonus each 48 months.
Now, Chase has applied a brand new time-frame better than 48 months relating to the welcome bonus. Nonetheless, this rule doesn’t apply to the enterprise model, which is handled as a separate product.
So, sure, you’ll be able to earn the welcome bonus on each playing cards — so long as you meet the separate eligibility necessities for every.
Simply be sure to’re additionally in good standing below Chase’s 5/24 rule, which can have an effect on your approval odds for both card.
Associated: Chase Sapphire bonus eligibility adjustments: This is what to know
Time your functions strategically
Whilst you can apply for each playing cards, the timing issues.
Listed here are a number of tricks to improve your probabilities of approval:
- House out your functions. Making use of for 2 premium playing cards on the identical day could result in one being declined or flagged for overview. Give it a number of days or perhaps weeks between functions, particularly if you happen to’ve opened different playing cards lately.
- Monitor your 5/24 standing. In the event you’ve opened 5 or extra bank cards up to now 24 months (from any issuer), you may seemingly be denied—even if in case you have glorious credit score.
- Create a plan to fulfill the spending minimums and earn the welcome bonuses. 5 thousand {dollars} in three months and $30,000 in six months is a giant outlay. Be certain that your upcoming bills align with these thresholds earlier than making use of for each.
- Know your credit score profile. A robust credit score rating, wholesome revenue and present relationship with Chase can all assist enhance your approval odds.
In the event you’re strategic about your timing and spending, making use of for each playing cards could be a highly effective transfer, particularly whereas these welcome provides are nonetheless accessible.
Associated: Learn how to apply for a bank card
Ought to I get each the Sapphire Reserve and the Sapphire Reserve for Enterprise?
In the event you qualify for a small-business bank card, holding each playing cards could be a highly effective technique. You might use the enterprise card for work-related journey and enterprise bills, whereas placing private journey and eating bills on the private card, maximizing rewards throughout extra spending classes.
If you’d like entry to helpful Chase factors and maximizing level switch potential is a high precedence, you may wish to be sure to have the private Sapphire Reserve in your pockets. However if you happen to’re seeking to separate enterprise and private bills, entry strong enterprise credit, and nonetheless get pleasure from high-value journey redemptions, the Sapphire Reserve for Enterprise provides distinctive worth in its personal proper.
Better of all, you’ll be able to mix factors from each playing cards in your private Final Rewards account. Doing so means that you can earn factors via enterprise purchases however redeem them via the private card’s full suite of switch companions — successfully unlocking one of the best of each worlds.
One vital word to think about: Whereas Chase now permits cardholders to carry a client Sapphire card and the enterprise model on the similar time, the foundations for having two private Sapphire merchandise stay extra sophisticated.
Chase lately up to date its coverage so to maintain two Sapphire client merchandise — just like the Sapphire Reserve and the Chase Sapphire Most well-liked® Card (see charges and costs). Welcome bonus eligibility between two client Sapphire merchandise, nevertheless, will likely be based mostly on elements like whether or not you’ve got beforehand earned a bonus on a client Sapphire product earlier than.
So, if you happen to’ve beforehand earned a Sapphire Reserve welcome bonus, you are not eligible to obtain a second welcome bonus on this similar card, even when it has been greater than 48 months.
Nonetheless, in some instances, TPG readers have reported combined outcomes, with some being denied a client Sapphire card on the premise that they already maintain one. So, if you happen to already maintain the Sapphire Reserve or its counterpart, the Sapphire Most well-liked, needless to say you is probably not permitted for the opposite.
Associated: Who ought to get the Chase Sapphire Reserve for Enterprise card?
Backside line
Sure, you’ll be able to apply for and maintain each the Chase Sapphire Reserve and the Sapphire Reserve for Enterprise — and doing so can supercharge your skill to earn and redeem Chase Final Rewards factors. By leveraging every card’s strengths and making use of strategically, you may unlock helpful perks and entry some of the versatile rewards ecosystems accessible at the moment.
With among the highest welcome provides we have seen on each playing cards, now is a perfect time to behave — particularly in case your journey plans and enterprise bills may help you meet the spending thresholds. Simply be sure you overview Chase’s eligibility guidelines, keep below 5/24 and plan your functions fastidiously to get probably the most from this highly effective duo.
Apply right here: Chase Sapphire Reserve
Apply right here: Chase Sapphire Reserve for Enterprise
Associated: Learn how to apply for a enterprise bank card
