The Chase Sapphire Reserve® (see charges and costs), an uber-popular premium journey bank card, noticed a main refresh in June.
This replace ushered in quite a few adjustments, together with the addition of a number of assertion credit, automated elite standing and an annual payment improve that sometimes accompanies these sorts of adjustments. The cardboard now carries a $795 annual payment — up $245 from its earlier $550 payment — however has quite a few assertion credit and advantages to offset this leap.
Plus, you may earn one of the invaluable and versatile currencies within the type of the Chase Final Rewards factors.
Presently, new candidates for the Sapphire Reserve can earn 100,000 bonus factors and a $500 Chase Journey℠ credit score* after spending $5,000 on purchases inside the first three months from account opening. This supply is ending quickly.
Primarily based on TPG’s August 2025 valuations, this bonus is value as much as $2,550 (together with the Chase Journey credit score).
Should you’re fascinated by making use of, here is all the pieces you want to know concerning your eligibility for this profitable welcome bonus.
*Observe that the phrases for the journey credit score state: The promotional credit score is legitimate for one-time use solely. Should you apply the promotional credit score to a transaction lower than $500, you’ll forfeit the remaining steadiness.
Associated: The most effective bank card welcome bonuses of the month
Am I eligible for the Chase Sapphire Reserve bonus?
Chase has not too long ago up to date its bonus guidelines eligibility. Beforehand, you might solely earn one Sapphire welcome bonus each 48 months. Now, Chase has carried out a brand new time-frame larger than 48 months concerning the welcome bonus.
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A consultant from Chase confirmed the next to TPG: “It is possible for you to to have each the Sapphire Reserve and the Chase Sapphire Most popular® Card (see charges and costs). New account bonus supply eligibility for both card will likely be primarily based on components together with beforehand earned bonus gives and the variety of playing cards opened and closed, amongst others.”
If in case you have beforehand acquired a Sapphire Reserve welcome bonus, you’ll not be eligible to obtain one other Sapphire Reserve welcome bonus. Even when it has been years because you acquired a welcome bonus on a selected Sapphire card, you almost certainly is not going to be eligible to earn one other bonus on that similar Sapphire card.
This additionally applies to the Sapphire Most popular, so if you happen to acquired a welcome bonus on the Most popular, you’ll not be eligible for one more Sapphire Most popular bonus.
Different issues to notice are:
- You is probably not eligible for a Sapphire Reserve bonus if you happen to’re a present Sapphire Most popular cardholder.
- Should you’re not a Sapphire buyer and by no means acquired a bonus on the Sapphire Reserve, you may probably be eligible.
For instance, I presently maintain the Sapphire Most popular and have by no means had the Sapphire Reserve. As a present, energetic Sapphire buyer, I might apply and get authorised for the Sapphire Reserve, however would nearly actually not be eligible for the bonus.
Moreover, TPG senior editorial director Nick Ewen presently has the Sapphire Reserve, and he had the Sapphire Most popular a few years in the past. He might apply for the Sapphire Most popular, however he would not be eligible for the bonus, since he is a present Sapphire Reserve buyer. Even when he downgraded his card, he beforehand earned a bonus on the Sapphire Reserve, so he nearly actually would not be capable to earn one other one.
When making use of for the Sapphire Reserve, a pop-up software will inform you if you happen to’re eligible for a welcome bonus earlier than you submit an software and Chase runs a credit score examine. That is one of the best ways to verify if you happen to’re eligible for a welcome bonus. Should you’re not eligible for a welcome bonus, you possibly can nonetheless proceed with the applying and attempt to get authorised with out a bonus.
Associated: The final word information to bank card software restrictions
The 5/24 rule
Chase is thought for its notorious 5/24 rule, which states you can’t have opened 5 or extra playing cards prior to now 24 months throughout all banks and issuers.
This consists of accounts you’re a licensed person on; nevertheless, many enterprise playing cards do not rely towards your 5/24 standing. So, in an effort to be authorised for the Chase Sapphire and eligible for the Sapphire Reserve welcome bonus, you have to be beneath Chase’s 5/24 rule.
Associated: This is the right way to calculate your 5/24 standing
Shifting credit score traces
Moreover, you probably have a number of bank cards with Chase, you’ll have reached your most complete accessible credit score restrict, which may doubtlessly trigger your software to be declined when making use of for the Sapphire Reserve.
If this occurs, you possibly can name the Chase reconsideration line at 1-888-270-2127 and ask them to shift a few of your credit score restrict from an current Chase card so as to get authorised for the Sapphire Reserve.
Associated: What credit score rating do you want to get the Chase Sapphire Reserve card?
Can I maintain each the Sapphire Reserve and Sapphire Most popular on the similar time?
Beforehand, you have been solely capable of maintain one Sapphire card at a time. Nonetheless, with this new refresh of the Sapphire Reserve, now you can maintain each the Sapphire Reserve and Chase Sapphire Most popular on the similar time.
You simply will not be eligible to earn one other welcome bonus you probably have beforehand earned one because of the new bonus eligibility restrictions.
As well as, if you happen to do not wish to maintain each playing cards, you possibly can improve and downgrade between Sapphire merchandise.
Associated: Your largest Chase Sapphire Reserve questions answered: From bonus eligibility to incomes charges
Backside line
The present supply on the revamped Chase Sapphire Reserve is a superb deal, however it’s ending quickly. Primarily based on TPG’s August 2025 valuations, it’s value as much as $2,550 and may give you a giant stash of Final Rewards factors. For these in search of a premium journey card with nice earnings charges and advantages, the Sapphire Reserve ought to be on the prime of your checklist.
Keep in mind to concentrate to any pop-ups in the course of the software course of, as considered one of them might point out whether or not you are eligible or not for a welcome bonus.
Apply right here: Sapphire Reserve providing the power to earn 100,000 bonus factors and a $500 Chase Journey credit score after spending $5,000 on purchases within the first three months from account opening. (Provide ending quickly).
